Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2020 | Feb. 23, 2021 | Jun. 30, 2020 | |
Document Information [Line Items] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2020 | ||
Document Fiscal Year Focus | 2020 | ||
Document Fiscal Period Focus | FY | ||
Entity Registrant Name | BROADSTONE NET LEASE, INC. | ||
Entity Central Index Key | 0001424182 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Shell Company | false | ||
Entity Small Business | false | ||
Entity Emerging Growth Company | true | ||
Entity Ex Transition Period | true | ||
Entity Public Float | $ 2,155,898,466 | ||
Title of 12(b) Security | Common Stock, $0.00025 par value | ||
Trading Symbol | BNL | ||
Security Exchange Name | NYSE | ||
Entity Common Stock, Shares Outstanding | 108,575,660 | ||
Entity File Number | 001-39529 | ||
Entity Incorporation, State or Country Code | MD | ||
Entity Tax Identification Number | 26-1516177 | ||
Entity Address, Address Line One | 800 Clinton Square | ||
Entity Address, City or Town | Rochester | ||
Entity Address, State or Province | NY | ||
Entity Address, Postal Zip Code | 14604 | ||
City Area Code | 585 | ||
Local Phone Number | 287-6500 | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Entity Interactive Data Current | Yes | ||
ICFR Auditor Attestation Flag | false | ||
Documents Incorporated by Reference | Documents Incorporated by Reference Part III, Items 10, 11, 12, 13, and 14 of this annual report incorporate by reference certain specific portions of Broadstone Net Lease, Inc.’s definitive proxy statement for its 2021 Annual Meeting of Stockholders, which will be filed with the Securities and Exchange Commission no later than 120 days after the end of the registrant’s fiscal year. Only those portions of the proxy statement that are specifically incorporated by reference herein shall constitute a part of this Annual Report on Form 10-K. | ||
Class A Common Stock | |||
Document Information [Line Items] | |||
Title of 12(b) Security | Class A Common Stock, $0.00025 par value | ||
Trading Symbol | BNL | ||
Security Exchange Name | NYSE | ||
Entity Common Stock, Shares Outstanding | 37,000,000 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Assets | ||
Accounted for using the operating method, net of accumulated depreciation | $ 3,354,511 | $ 3,415,400 |
Accounted for using the direct financing method | 29,066 | 41,890 |
Accounted for using the sales-type method | 567 | |
Investment in rental property, net | 3,384,144 | 3,457,290 |
Cash and cash equivalents | 100,486 | 12,455 |
Accrued rental income | 102,117 | 84,534 |
Tenant and other receivables, net | 1,604 | 934 |
Prepaid expenses and other assets | 22,277 | 12,613 |
Interest rate swap, assets | 2,911 | |
Goodwill | 339,769 | |
Intangible lease assets, net | 290,913 | 331,894 |
Debt issuance costs – unsecured revolving credit facility, net | 6,435 | 2,380 |
Leasing fees, net | 10,738 | 12,847 |
Total assets | 4,258,483 | 3,917,858 |
Liabilities and equity | ||
Unsecured revolving credit facility | 197,300 | |
Mortgages and notes payable, net | 107,382 | 111,793 |
Unsecured term notes, net | 1,433,796 | 1,672,081 |
Interest rate swap, liabilities | 72,103 | 24,471 |
Earnout liability | 7,509 | 0 |
Accounts payable and other liabilities | 74,936 | 37,377 |
Accrued interest payable | 4,023 | 3,594 |
Intangible lease liabilities, net | 79,653 | 92,222 |
Total liabilities | 1,779,402 | 2,138,838 |
Commitments and contingencies (See Note 20) | ||
Broadstone Net Lease, Inc. stockholders’ equity: | ||
Preferred stock, $0.001 par value; 20,000 shares authorized, no shares issued or outstanding | ||
Common stock, value | 27 | 26 |
Additional paid-in capital | 2,624,997 | 1,895,935 |
Cumulative distributions in excess of retained earnings | (259,673) | (208,261) |
Accumulated other comprehensive loss | (66,255) | (20,086) |
Total Broadstone Net Lease, Inc. stockholders’ equity | 2,299,105 | 1,667,614 |
Non-controlling interests | 179,976 | 111,406 |
Total equity | 2,479,081 | 1,779,020 |
Total liabilities and equity | 4,258,483 | $ 3,917,858 |
Class A Common Stock | ||
Broadstone Net Lease, Inc. stockholders’ equity: | ||
Common stock, value | 9 | |
Total equity | $ 9 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2020 | Sep. 18, 2020 | Dec. 31, 2019 |
Preferred stock, par value | $ 0.001 | $ 0.001 | |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | |
Preferred stock, shares issued | 0 | 0 | |
Preferred stock, shares outstanding | 0 | 0 | |
Common stock, par value | $ 0.00025 | $ 0.001 | $ 0.00025 |
Common stock, shares authorized | 440,000,000 | 320,000,000 | |
Common stock, shares issued | 108,609,000 | 104,006,000 | |
Common stock, shares outstanding | 108,609,000 | 26,944,000 | 104,006,000 |
Class A Common Stock | |||
Common stock, par value | $ 0.00025 | ||
Common stock, shares authorized | 60,000,000 | 0 | |
Common stock, shares issued | 37,000,000 | 0 | |
Common stock, shares outstanding | 37,000,000 | 0 |
Consolidated Statements of Inco
Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Revenues | |||
Lease revenues, net | $ 321,637 | $ 298,815 | $ 237,479 |
Operating expenses | |||
Depreciation and amortization | 132,685 | 108,818 | 83,994 |
Property and operating expense | 17,478 | 15,990 | 11,157 |
General and administrative | 27,988 | 5,456 | 6,162 |
Provision for impairment of investment in rental properties | 19,077 | 3,452 | 2,061 |
Total operating expenses | 200,964 | 163,835 | 128,076 |
Other income (expenses) | |||
Preferred distribution income | 440 | ||
Interest income | 24 | 9 | 179 |
Interest expense | (76,138) | (72,534) | (52,855) |
Cost of debt extinguishment | (417) | (1,176) | (101) |
Gain on sale of real estate | 14,985 | 29,914 | 10,496 |
Income taxes | (939) | (2,415) | (857) |
Gain on sale of investment in related party | 8,500 | ||
Internalization expenses | (3,705) | (3,658) | |
Change in fair value of earnout liability | 1,800 | ||
Other expenses | (7) | (6) | (100) |
Net income | 56,276 | 85,114 | 75,105 |
Net income attributable to non-controlling interests | (5,095) | (5,720) | (5,730) |
Net income attributable to Broadstone Net Lease, Inc. | $ 51,181 | $ 79,394 | $ 69,375 |
Weighted average number of common shares outstanding | |||
Basic | 117,150 | 95,917 | 80,967 |
Diluted | 128,799 | 102,865 | 87,641 |
Net earnings per share attributable to common stockholders | |||
Basic and diluted | $ 0.44 | $ 0.83 | $ 0.86 |
Comprehensive income | |||
Net income | $ 56,276 | $ 85,114 | $ 75,105 |
Other comprehensive income | |||
Change in fair value of interest rate swaps | (50,544) | (37,372) | 10,584 |
Realized gain on interest rate swaps | (166) | (205) | (84) |
Comprehensive income | 5,566 | 47,537 | 85,605 |
Comprehensive income attributable to non-controlling interests | (554) | (3,036) | (6,546) |
Comprehensive income attributable to Broadstone Net Lease, Inc. | 5,012 | 44,501 | 79,059 |
Asset Management Fees | |||
Operating expenses | |||
Operating expenses | 2,461 | 21,863 | 18,173 |
Property Management Fees | |||
Operating expenses | |||
Operating expenses | $ 1,275 | $ 8,256 | $ 6,529 |
Consolidated Statements of Stoc
Consolidated Statements of Stockholders' Equity and Mezzanine Equity - USD ($) $ in Thousands | Total | Class A Common Stock | Mezzanine Equity Common Stock | Mezzanine Equity Non-controlling Interests | Common Stock | Additional Paid-in Capital | Subscriptions Receivable | Cumulative Distributions in Excess of Retained Earnings | Accumulated Other Comprehensive (Loss)/Income | Non-controlling Interests |
Beginning Balance at Dec. 31, 2017 | $ 1,284,201 | $ 19 | $ 1,301,979 | $ (15) | $ (120,280) | $ 5,122 | $ 97,376 | |||
Net income | 75,105 | 69,375 | 5,730 | |||||||
Issuance of shares of common stock | 268,496 | 3 | 268,478 | $ 15 | ||||||
Other offering costs | (1,158) | (1,158) | ||||||||
Issuance of OP Units | 15,797 | 15,797 | ||||||||
Distributions declared | (112,969) | (104,245) | (8,724) | |||||||
Change in fair value of interest rate swap agreements | 10,584 | 9,762 | 822 | |||||||
Realized gain on interest rate swap agreements | (84) | (78) | (6) | |||||||
Conversion of OP Units to shares of common stock | 684 | (684) | ||||||||
Redemption of shares of common stock, value | (10,304) | (10,304) | ||||||||
Cancellation of shares of common stock | (748) | (748) | ||||||||
Adjustment of non-controlling interests | (1,510) | 1,510 | ||||||||
Ending Balance at Dec. 31, 2018 | 1,528,920 | 22 | 1,557,421 | (155,150) | 14,806 | 111,821 | ||||
Net income | 85,114 | 79,394 | 5,720 | |||||||
Issuance of shares of common stock | 395,091 | 5 | 395,086 | |||||||
Other offering costs | (1,649) | (1,649) | ||||||||
Distributions declared | (136,280) | (127,014) | (9,266) | |||||||
Change in fair value of interest rate swap agreements | (37,372) | (34,701) | (2,671) | |||||||
Realized gain on interest rate swap agreements | (205) | (191) | (14) | |||||||
Redemption of shares of common stock, value | (34,599) | (1) | (32,005) | (2,593) | ||||||
Redemption of shares of common stock of a related party | (20,000) | (17,102) | (2,898) | |||||||
Adjustment of non-controlling interests | (5,816) | 5,816 | ||||||||
Ending Balance at Dec. 31, 2019 | 1,779,020 | 26 | 1,895,935 | (208,261) | (20,086) | 111,406 | ||||
Cumulative effect of accounting change (see Note 2) | (323) | (323) | ||||||||
Net income | 56,276 | |||||||||
Issuance of shares of common stock | 6,795 | 6,795 | ||||||||
Stock-based compensation | 1,989 | 1,989 | ||||||||
Issuance of shares of Class A common stock | 629,000 | $ 9 | 628,991 | |||||||
Issuance of mezzanine equity non-controlling interests | 112,159 | $ 112,159 | ||||||||
Offering costs, discounts, and commissions | (40,750) | (40,750) | ||||||||
Adjustments to carrying value of mezzanine equity non-controlling interests | (2,513) | (2,513) | ||||||||
Reclassification of portion of earnout liability | 30,810 | 11,380 | 19,430 | |||||||
Repurchase of fractional shares of common stock | (35) | (35) | ||||||||
Repurchase of OP Units | (91) | (91) | ||||||||
Distributions declared | (109,693) | (102,270) | (7,423) | |||||||
Change in fair value of interest rate swap agreements | (48,868) | (46,018) | (2,850) | |||||||
Realized gain on interest rate swap agreements | (162) | (151) | (11) | |||||||
Reclassification of shares of mezzanine equity common stock to shares of common stock | 66,376 | 1 | 66,375 | |||||||
Reclassification of mezzanine equity non-controlling interests to non-controlling interests | 112,698 | 112,698 | ||||||||
Conversion of OP Units to shares of common stock | 15,631 | 15,631 | (15,631) | |||||||
Adjustment of non-controlling interests | 41,199 | (41,199) | ||||||||
Ending Balance at Dec. 31, 2020 | 2,479,081 | $ 9 | $ 27 | $ 2,624,997 | (259,673) | $ (66,255) | 179,976 | |||
Net income | 54,828 | $ 51,181 | $ 3,647 | |||||||
Net income | 1,448 | 1,448 | ||||||||
Issuance shares of mezzanine equity common stock | 66,376 | $ 66,376 | ||||||||
Adjustments to carrying value of mezzanine equity non-controlling interests | 2,513 | 2,513 | ||||||||
Distributions declared | (1,742) | (1,742) | ||||||||
Change in fair value of interest rate swap agreements | (1,676) | (1,676) | ||||||||
Realized gain (loss) on interest rate swap agreements | (4) | (4) | ||||||||
Reclassification of shares of mezzanine equity common stock to shares of common stock | (66,376) | $ (66,376) | ||||||||
Reclassification of mezzanine equity non-controlling interests to non-controlling interests | $ (112,698) | $ (112,698) |
Consolidated Statements of St_2
Consolidated Statements of Stockholders' Equity and Mezzanine Equity (Parenthetical) - $ / shares | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Issuance of mezzanine equity non-controlling interests, shares | 5,278,000 | ||
Issuance of OP units, number of units | 776,000 | ||
Redemption of shares of common stock, shares | 2,610,000 | 509,000 | |
Redemption of shares of common stock with a related party, shares | 941,000 | ||
Cancellation shares of common stock, shares | 37,000 | ||
Issuance of shares common stock upon conversion of OP units | 822,000 | 34,000 | |
Reclassification of mezzanine equity non-controlling interests to non-controlling interests shares | 5,278,000 | ||
Number of OP units exchanged | 822,000 | 34,000 | |
Repurchase of fractional shares of common stock Shares | 2,000 | ||
Repurchase of operating partnership units shares | 5,000 | ||
Common Stock | |||
Issuance of shares of common stock, shares | 659,000 | 18,560,000 | 12,930,000 |
Issuance of shares of mezzanine equity common stock, shares | 3,124,000 | ||
Redemption of shares of common stock, shares | 1,668,000 | 509,000 | |
Issuance of shares common stock upon conversion of OP units | 822,000 | 34,000 | |
Reclassification of mezzanine equity common stock to common stock | 3,124,000 | ||
Distribution declared per share | $ 0.825 | $ 1.318 | $ 1.292 |
Class A Common Stock | |||
Issuance of shares of common stock, shares | 37,000,000 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Operating activities | |||
Net income | $ 56,276 | $ 85,114 | $ 75,105 |
Adjustments to reconcile net income including non-controlling interest to net cash provided by operating activities: | |||
Depreciation and amortization including intangibles associated with investment in rental property | 131,568 | 105,408 | 83,690 |
Provision for impairment of investment in rental properties | 19,077 | 3,452 | 2,061 |
Amortization of debt issuance costs charged to interest expense | 3,303 | 2,542 | 1,776 |
Stock-based compensation expense | 1,989 | ||
Straight-line rent, financing and sales-type lease adjustments | (19,817) | (21,943) | (19,492) |
Cost of debt extinguishment | 417 | 1,176 | 101 |
Gain on sale of real estate | (14,985) | (29,914) | (10,496) |
Change in fair value of earnout liability | (1,800) | ||
Settlement of interest rate swap | 760 | ||
Gain on sale of investment in related party | (8,500) | ||
Leasing fees paid | (1,002) | (1,399) | |
Adjustment to provision for credit losses | (148) | ||
Other non-cash items | 605 | 466 | 528 |
Changes in assets and liabilities, net of acquisition: | |||
Tenant and other receivables | (670) | 92 | (876) |
Prepaid expenses and other assets | (3,868) | (136) | (936) |
Accounts payable and other liabilities | 6,652 | 8,286 | (777) |
Accrued interest payable | 429 | (6,183) | 6,466 |
Net cash provided by operating activities | 179,028 | 147,358 | 128,011 |
Investing activities | |||
Acquisition of rental property accounted for using the operating method, net of mortgages assumed of $0, $49,782 and $20,845 in 2020, 2019 and 2018, respectively | (94,808) | (997,015) | (575,764) |
Acquisition of rental property accounted for using the direct financing method | (430) | ||
Acquisition of rental property accounted for using the sales-type method | (574) | ||
Cash paid for Internalization | (30,861) | ||
Capital expenditures and improvements | (10,806) | (5,051) | (5,153) |
Proceeds from sale of investment in related party | 18,500 | ||
Proceeds from disposition of rental property, net | 77,513 | 168,759 | 53,988 |
Change in deposits on investments in rental property | (700) | 1,600 | (1,600) |
Net cash used in investing activities | (60,236) | (831,707) | (510,459) |
Financing activities | |||
Proceeds from issuance of common stock and Class A common stock, net of $40,674 offering costs, discounts, and commissions | 588,457 | 329,750 | 215,902 |
Redemptions of common stock | (34,599) | (10,204) | |
Redemptions of common stock with a related party | (20,000) | ||
Repurchase of fractional shares of common stock and OP Units | (126) | ||
Borrowings on mortgages, notes payable and unsecured term notes, net of mortgages assumed of $0, $49,782 and $20,845 in 2020, 2019 and 2018, respectively | 60,000 | 750,000 | 415,000 |
Principal payments on mortgages, notes payable and unsecured term notes | (394,666) | (316,940) | (34,722) |
Borrowings on unsecured revolving credit facility | 192,000 | 434,100 | 343,600 |
Repayments on unsecured revolving credit facility | (389,300) | (377,900) | (475,500) |
Cash distributions paid to stockholders | (71,532) | (61,961) | (51,845) |
Cash distributions paid to non-controlling interests | (7,079) | (9,248) | (8,638) |
Debt issuance and extinguishment costs paid | (6,129) | (7,531) | (2,255) |
Net cash (used in) provided by financing activities | (28,375) | 685,671 | 391,338 |
Net increase in cash and cash equivalents and restricted cash | 90,417 | 1,322 | 8,890 |
Cash and cash equivalents and restricted cash at beginning of period | 20,311 | 18,989 | 10,099 |
Cash and cash equivalents and restricted cash at end of period | 110,728 | 20,311 | 18,989 |
Reconciliation of cash and cash equivalents and restricted cash | |||
Cash and cash equivalents at beginning of period | 12,455 | 18,612 | 9,355 |
Restricted cash at beginning of period | 7,856 | 377 | 744 |
Cash and cash equivalents and restricted cash at beginning of period | 20,311 | 18,989 | 10,099 |
Cash and cash equivalents at end of period | 100,486 | 12,455 | 18,612 |
Restricted cash at end of period | 10,242 | 7,856 | 377 |
Cash and cash equivalents and restricted cash at end of period | $ 110,728 | $ 20,311 | $ 18,989 |
Consolidated Statements of Ca_2
Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Mortgages assumed | $ 0 | $ 49,782 | $ 20,845 |
Offering costs,discounts, and commissions | 40,674 | 40,674 | 40,674 |
Rental Property Acquisition | |||
Mortgages assumed | $ 0 | $ 49,782 | $ 20,845 |
Business Description
Business Description | 12 Months Ended |
Dec. 31, 2019 | |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | |
Business Description | 1. Business Description Broadstone Net Lease, Inc. (the “Corporation”) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (“REIT”) commencing with the taxable year ended December 31, 2008. The Corporation focuses on investing in income-producing, net leased commercial properties, primarily in the United States. The Corporation leases industrial, healthcare, restaurant, office, retail, and other commercial properties under long-term lease agreements. At December 31, 2020, the Corporation owned a diversified portfolio of 640 individual commercial properties located in 41 states throughout the continental United States and one property in British Columbia, Canada. Broadstone Net Lease, LLC (the Corporation’s operating company, or the “OP”), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation’s properties. The Corporation is the sole managing member of the OP. The remaining membership units in the OP (“OP Units”), which are referred to as non-controlling interests, are held by members who were issued OP Units pursuant to the Internalization (defined below) or in exchange for their interests in properties acquired by the OP. As the Corporation conducts substantially all of its operations through the OP, it is structured as what is referred to as an umbrella partnership real estate investment trust (“UPREIT”). The Corporation, the OP, and its consolidated subsidiaries are collectively referred to as the “Company.” Prior to February 7, 2020, the Corporation was externally managed by Broadstone Real Estate, LLC (“BRE”) and Broadstone Asset Management, LLC (the “Asset Manager”) subject to the direction, oversight, and approval of the Company’s board of directors (the “Board of Directors”). The Asset Manager was a wholly owned subsidiary of BRE and all of the Corporation’s officers were employees of BRE. Accordingly, both BRE and the Asset Manager were related parties of the Company. Refer to Note 3 for further discussion concerning related parties and related party transactions. On February 7, 2020, the Corporation, the OP, BRE, and certain of their respective subsidiaries and affiliates, completed through a series of mergers (the “Mergers”) the internalization of the external management functions previously performed for the Corporation and the OP by BRE and the Asset Manager (such transactions, collectively, the “Internalization”). Upon consummation of the Internalization, the Company’s management team and corporate staff, who were previously employed by BRE, became employees of an indirect subsidiary of the OP and the Company became internally managed. Upon Internalization, the prior Property Management Agreement and Asset Management Agreement were terminated. The Internalization was not considered a “Termination Event” under the terms of the agreements and therefore no fees were paid under them as a result of the Internalization. The Internalization consisted of the acquisition of BRE in accordance with the definitive merger agreement (the “Merger Agreement”). Refer to Note 4 for further discussion regarding the Internalization, including the associated payments related thereto. On September 18, 2020, the Corporation effected a four-for-one stock split on its then outstanding 26,944 shares of common stock (“Common Stock”) that previously had a $0.001 par value. Concurrent with the stock split, the OP effected a four-for-one stock split of its outstanding OP Units. No fractional shares or OP Units were issued as a result of the stock split. All historic share and per share amounts in these Consolidated Financial Statements have been adjusted to give retroactive effect to the stock split. On September 21, 2020, the Corporation closed its initial public offering (“IPO”) at $17.00 per share, of 33,500 shares of a new class of common stock, $0.00025 par value per share (“Class A Common Stock”) On October 20, 2020, the Company issued an additional 3,500 shares of Class A Common Stock, pursuant to the underwriters’ partial exercise of their option to acquire up to 5,025 shares of Class A Common Stock at $17.00 per share. See Note 15. The following table summarizes the outstanding equity and economic ownership interest of the Corporation and the OP: December 31, 2020 December 31, 2019 December 31, 2018 (in thousands) Shares of Common Stock OP Units Total Diluted Shares Shares of Common Stock OP Units Total Diluted Shares Shares of Common Stock OP Units Total Diluted Shares Ownership interest 145,609 11,399 157,008 104,006 6,948 110,954 88,055 6,948 95,003 Percent Ownership of OP 92.7 % 7.3 % 100.0 % 93.7 % 6.3 % 100.0 % 92.7 % 7.3 % 100.0 % Refer to Note 17 for further discussion regarding the calculation of weighted average shares outstanding. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2020 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | 2. Summary of Significant Accounting Policies Principles of Consolidation The Consolidated Financial Statements include the accounts and operations of the Company. All intercompany balances and transactions have been eliminated in consolidation. To the extent the Corporation has a variable interest in entities that are not evaluated under the variable interest entity (“VIE”) model, the Corporation evaluates its interests using the voting interest entity model. The Corporation has complete responsibility for the day-to-day management of, authority to make decisions for, and control of the OP. Based on consolidation guidance, the Corporation has concluded that the OP is a VIE as the members in the OP do not possess kick-out rights or substantive participating rights. Accordingly, the Corporation consolidates its interest in the OP. However, because the Corporation holds the majority voting interest in the OP, it qualifies for the exemption from providing certain disclosure requirements associated with investments in VIEs. The portion of the OP not owned by the Corporation is presented as non-controlling interests as of and during the periods presented. Basis of Accounting The Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). Use of Estimates The preparation of Consolidated Financial Statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include, but are not limited to, the allocation of purchase price between tangible and intangible assets acquired and liabilities assumed, the value of long-lived assets and goodwill, the provision for impairment, the depreciable lives of rental property, the amortizable lives of intangible assets and liabilities, the provisions for uncollectible rent and credit losses, the fair value of the earnout liability, the fair value of assumed debt and notes payable, the fair value of the Company’s interest rate swap agreements, and the determination of any uncertain tax positions. Accordingly, actual results may differ from those estimates. Investment in Rental Property Rental property accounted for under operating leases is recorded at cost. Rental property accounted for under direct financing leases and sales-type leases are recorded at its net investment, which generally represents the cost of the property at the inception of the lease. The Company accounts for its acquisitions of real estate as asset acquisitions in accordance with Accounting Standards Codification (“ASC”) 805, Business Combinations The Company allocates the purchase price of investments in rental property accounted for as asset acquisitions based on the relative fair value of the assets acquired and liabilities assumed. These generally include tangible assets, consisting of land and land improvements, buildings and other improvements, and equipment, and identifiable intangible assets and liabilities, including the value of in-place leases and acquired above-market and below-market leases. Acquisition costs incurred in connection with investments in real estate accounted for as asset acquisitions are capitalized and included with the allocated purchase price. The results of operations of acquired properties are included in the Consolidated Statements of Income and Comprehensive Income from the respective date of acquisition. Estimated fair value determinations are based on management’s judgment, which considers various factors including real estate market conditions, industry conditions that the tenant operates in, and characteristics of the real estate and/or real estate appraisals. The estimated fair value of the tangible assets of an acquired property is determined by valuing the property as if it were vacant. The as-if-vacant value is then allocated to land and land improvements, buildings, and equipment based on comparable sales and other relevant information with respect to the property as estimated by management. Specifically, the “if vacant” value of buildings and equipment is calculated using an income approach. Assumptions used in the income approach to value the buildings include: capitalization and discount rates, lease-up time, market rents, make ready costs, land value, and land improvement value. The estimated fair value of acquired in-place leases are the costs that the Company would have had to incur to lease the properties to the occupancy level of the properties at the date of acquisition. Such costs include the fair value of leasing commissions and other operating costs that would have been incurred to lease the properties, had they been vacant, to their acquired occupancy level. Acquired in-place leases as of the date of acquisition are amortized over the remaining non-cancellable lease terms of the respective leases to amortization expense. Acquired above-market and below-market lease values are recorded based on the present value (using an interest rate that reflects the risks associated with the lease acquired) of the differences between the contractual amounts to be paid pursuant to the in-place leases and management’s estimate of fair market value lease rates at the time of acquisition for the corresponding in-place leases. The capitalized above-market and below-market lease values are amortized as adjustments to lease revenue over the remaining term of the respective leases. Should a tenant terminate its lease, the unamortized portion of the in-place lease value is charged to amortization expense and the unamortized portion of above-market or below-market lease value is charged to lease revenue. Management estimates the fair value of assumed mortgages and notes payable based upon indications of then-current market pricing for similar types of debt with similar maturities. Assumed mortgages and notes payable are initially recorded at their estimated fair value as of the assumption date, and the difference between such estimated fair value and the notes’ outstanding principal balance is amortized to interest expense over the remaining term of the debt. Expenditures for significant betterments and improvements are capitalized. Maintenance and repairs are charged to expense when incurred. Construction and improvement costs incurred in connection with the development of new properties or the redevelopment of existing properties are capitalized. Real estate taxes, interest costs, and leasing and development costs incurred during construction periods are capitalized. Capitalization is based on qualified expenditures and interest rates. Capitalized real estate taxes, interest costs, and leasing and development costs are amortized over lives which are consistent with the related assets. There were no capitalized interest or real estate taxes during the years ended December 31, 2020, 2019, and 2018. Long-lived Asset Impairment The Company reviews long-lived assets, other than goodwill, to be held and used for possible impairment when events or changes in circumstances indicate that their carrying amounts may not be recoverable. If, and when, such events or changes in circumstances are present, an impairment exists to the extent the carrying value of the asset or asset group exceeds the sum of the undiscounted cash flows expected to result from the use of the asset or asset group and its eventual disposition. Such cash flows include expected future operating income, as adjusted for trends and prospects, as well as the effects of demand, competition, and other factors. An impairment loss is measured as the amount by which the carrying amount of the asset or asset group exceeds the fair value of the asset or asset group. A significant judgment is made as to if and when impairment should be taken. The Company’s assessment of impairment as of December 31, 2020 was based on the most current information available to the Company. Based upon current market conditions resulting from the COVID-19 pandemic (see Note 23), certain of the Company’s properties may have fair values less than their carrying amounts. However, based on the Company’s plans with respect to each of those properties, the Company believes that their carrying amounts are recoverable and therefore, under applicable GAAP guidance, no impairment charges were recognized other than those described below. If the operating conditions mentioned above deteriorate or if the Company’s expected holding period for assets changes, subsequent tests for impairments could result in additional impairment charges in the future. During the year ended December 31, 2020 , the Company recorded impairment charges associated with seven properties. Impairment indicators primarily included changes in the Company’s long-term hold strategy with respect to the individual properties, which was due in part to unfavorable market trends resulting from the COVID-19 pandemic in geographic areas where the Company has vacant properties being marketed for re-lease or sale. Inputs used in establishing fair value for real estate assets generally fall within Level 3 of the fair value hierarchy, which are characterized as requiring significant judgment as little or no current market activity may be available for validation. The main indicator used to establish the classification of the inputs is current market conditions, as derived through the use of published commercial real estate market information. The Company determines the valuation of impaired assets using generally accepted valuation techniques including discounted cash flow analysis, income capitalization, analysis of recent comparable sales transactions, actual sales negotiations and bona fide purchase offers received from third parties. Management may consider a single valuation technique or multiple valuation techniques, as appropriate, when estimating the fair value of its real estate. During the years ended December 31, 2020, 2019, and 2018, the Company recorded impairment charges of $19,077, $3,452, and $2,061, respectively. Investments in Rental Property Held for Sale The Company classifies investments in rental property as held for sale when all of the following criteria are met: (i) management commits to a plan to sell the property, (ii) the property is available for immediate sale in its present condition, subject only to terms that are usual and customary for sales of investment properties, (iii) an active program to locate a buyer and conduct other actions required to complete the sale has been initiated, (iv) the sale of the property is probable in occurrence and is expected to qualify as a completed sale, (v) the property is actively marketed for sale at a sale price that is reasonable in relation to its fair value, and (vi) actions required to complete the sale indicate that it is unlikely that any significant changes will be made or that the plan to sell will be withdrawn. For properties classified as held for sale, the Company suspends depreciation and amortization of the related assets, including the acquired in-place lease and above- or below-market lease intangibles, as well as straight-line revenue recognition of the associated lease, and records the investment in rental property at the lower of cost or net realizable value. The assets and liabilities associated with the properties classified as held for sale are presented separately on the Consolidated Balance Sheets for the most recent reporting period. At December 31, 2020 and 2019, the Company did not have any properties that met the held for sale criteria. Sales of Real Estate The Company adopted ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets If the Company determines that it did not transfer control of the non-financial assets to the buyer, the Company analyzes the contract for separate performance obligations and allocates a portion of the sales price to each performance obligation. As performance obligations are satisfied, the Company recognizes the respective income in the Consolidated Statements of Income and Comprehensive Income. The Company presents discontinued operations if disposals of properties represent a strategic shift in operations. Those strategic shifts would need to have a major effect on the Company’s operations and financial results in order to meet the definition. For the years ended December 31, 2020, 2019, and 2018, the Company did not have property dispositions that qualified as discontinued operations. Depreciation Depreciation is computed using the straight-line method over the estimated useful lives of the related assets, which are as follows: Land improvements 15 years Buildings and improvements 15 to 39 years Equipment 7 years Cash Equivalents Cash equivalents consist of highly liquid investments with an original maturity at date of acquisition of three months or less, including money market funds. The Company estimates that the fair value of cash equivalents approximates the carrying value due to the relatively short maturity of these instruments. Restricted Cash Restricted cash includes escrow funds the Company maintains pursuant to the terms of certain mortgages, notes payable, and lease agreements, and undistributed proceeds from the sale of properties under Section 1031 of the Internal Revenue Code of 1986, as amended (the “Code”), and is reported within Prepaid expenses and other assets on the Consolidated Balance Sheets. Restricted cash consisted of the following: December 31, (in thousands) 2020 2019 Escrow funds and other $ 7,852 $ 2,311 Undistributed 1031 proceeds 2,390 5,545 $ 10,242 $ 7,856 Revenue Recognition The Company accounts for leases in accordance with ASC 842, Leases Certain of the Company’s leases require tenants to pay rent based upon a percentage of the property’s net sales (“percentage rent”) or contain rent escalators indexed to future changes in the Consumer Price Index (“CPI”). Lease income associated with such provisions is considered variable lease income and is not included in the initial measurement of the lease receivable, or in the calculation of straight-line rent revenue. Such amounts are recognized as income when the amounts are determinable. A lease is classified as an operating lease if none of the following criteria are met: (i) ownership transfers to the lessee at the end of the lease term, (ii) the lessee has a purchase option that is reasonably expected to be exercised, (iii) the lease term is for a major part of the economic life of the leased property, (iv) the present value of the future lease payments and any residual value guaranteed by the lessee that is not already reflected in the lease payments equals or exceeds substantially all of the fair value of the leased property, and (v) the leased property is of such a specialized nature that it is expected to have no future alternative use to the Company at the end of the lease term. Prospectively, upon adoption of ASC 842 on January 1, 2019, if one or more of these criteria are met, the lease will generally be classified as a sales-type lease, unless the lease contains a residual value guarantee from a third party other than the lessee, in which case it would be classified as a direct financing lease under certain circumstances. Prior to the adoption of ASC 842, a lease that was not an operating lease would be accounted for as a direct financing lease. The Company accounts for the right to use land as a separate lease component, unless the accounting effect of doing so would be insignificant. Determination of significance requires management judgment. In determining whether the accounting effect of separately reporting the land component from other components for its real estate leases is significant, the Company assesses: ( i ) whether separating the land component impacts the classification of any lease component, (ii) the value of the land component in the context of the overall contract, and (iii) whether the right to use the land is coterminous with the rights to use the other assets. Revenue recognition methods for operating leases, direct financing leases, and sales-type leases are described below: Rental property accounted for under operating leases – Revenue is recognized as rents are earned on a straight-line basis over the non-cancelable terms of the related leases. For leases that have fixed and measurable rent escalations and collectability of the lease payments is probable, the difference between such rental income earned and the cash rent due under the provisions of the lease is recorded as Accrued rental income on the Consolidated Balance Sheets. If the Company determines that collectability of the lease payments is not probable, the Company records an adjustment to Lease revenues, net to reduce cumulative income recognized since lease commencement to the amount of cash collected from the lessee. Future revenue recognition is limited to amounts paid by the lessee. Rental property accounted for under direct financing leases – The Company utilizes the direct finance method of accounting to record direct financing lease income. The net investment in the direct financing lease represents receivables for the sum of future lease payments to be received and the estimated residual value of the leased property, less unamortized unearned income (which represents the difference between undiscounted cash flows and discounted cash flows). Unearned income is deferred and amortized into income over the lease terms so as to produce a constant periodic rate of return on the Company’s net investment in the leases. Rental property accounted for under sales-type leases – For leases accounted for as sales-type leases, the Company records selling profit arising from the lease at inception, along with the net investment in the lease. The Company leases assets through the assumption of existing leases or through sale-leaseback transactions, and records such assets at their fair value at the time of acquisition, which in most cases coincides with lease inception. As a result, the Company does not generally recognize selling profit on sales-type leases. The net investment in the sales-type lease represents receivables for the sum of future lease payments and the estimated unguaranteed residual value of the leased property, each measured at net present value. Interest income is recorded over the lease terms so as to produce a constant periodic rate of return on the Company’s net investment in the leases. Certain of the Company’s lease contracts contain nonlease components ( e.g. i.e. Refer below to the Recently Adopted Accounting Standards Rent Received in Advance Rent received in advance represents tenant payments received prior to the contractual due date, and is included in Accounts payable and other liabilities on the Consolidated Balance Sheets. Rent received in advance is as follows: December 31, (in thousands) 2020 2019 Rent received in advance $ 13,651 $ 13,368 Goodwill Goodwill represents the excess of the amount paid over the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed in a business combination and it assigned to one or more reporting units. The Company evaluates goodwill for impairment when an event occurs or circumstances change that indicate the carrying value may not be recoverable, or at least annually. The Company’s annual testing date is November 30. The goodwill impairment evaluation is completed using either a qualitative or quantitative approach. Under a qualitative approach, the impairment review for goodwill consists of an assessment of whether it is more-likely-than-not that the reporting unit’s fair value is less than its carrying value, including goodwill. If a qualitative approach indicates it is more likely-than-not that the estimated carrying value of a reporting unit (including goodwill) exceeds its fair value, or if we choose to bypass the qualitative approach, we perform the quantitative approach described below. When the Company performs a quantitative test of goodwill for impairment, it compares the carrying value of a reporting unit with its fair value. If the fair value of the reporting unit exceeds its carrying amount, the Company does not consider goodwill to be impaired and no further analysis would be required. If the fair value is determined to be less than its carrying value, the amount of goodwill impairment equals the amount by which the reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The Company determined that it has one reporting unit, consistent with its segment reporting analysis, which includes the acquisition, leasing, and ownership of net leased properties (i.e., the consolidated entity). When necessary to perform the quantitative test for goodwill impairment, the Company’s estimate of fair value is determined using a market approach, leveraging assumptions such as the fair value of our equity, and consideration of a control premium, if necessary, which includes an analysis of similar market transactions. While the Company believes the assumptions used to estimate the fair value of its reporting unit are reasonable, changes in these assumptions may have a material impact on the Company’s financial results. Based on the results of its annual goodwill impairment test on November 30, 2020, the Company’s inaugural goodwill impairment test date, the Company concluded that goodwill was not impaired. Provision for Uncollectible Rent Prior to the adoption of ASC 842, provisions for uncollectible rent were recorded as bad debt expense and included in General and administrative expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. Prospectively, i n accordance with ASC 842, (adopted January 1, 2019), provisions for uncollectible rent are recorded as an offset to Lease revenues, net on the accompanying Consolidated Statements of Income and Comprehensive Income. The following table summarizes the changes in the provision for uncollectible rent: For the Year Ended December 31, (in thousands) 2020 2019 2018 Balance as of January 1 $ — $ 2,086 $ 742 Provision for uncollectible rent 2,073 441 1,521 Write-offs / Recoveries (1,872 ) (2,527 ) (177 ) Balance as of December 31 $ 201 $ — $ 2,086 Tenant and Capital Reserves The terms of certain of the Company’s operating leases require the establishment of tenant and capital reserves. Under the tenant reserve requirements, tenant-funded amounts are deposited into an escrow account, to be used to fund certain costs to maintain the rental properties. Under the capital reserve lease requirements, the tenants are required to pay additional amounts into an escrow account to fund capital improvements, replacements, and repairs made to the properties. The Company has no obligation to fund capital improvements beyond these reserve balances. The balances of the tenant and capital reserves are included in Accounts payable and other liabilities on the Consolidated Balance Sheets and are as follows: December 31, (in thousands) 2020 2019 Tenant reserve $ 1,070 $ 922 Capital reserve 1,001 872 $ 2,071 $ 1,794 The corresponding cash balances are recorded in Prepaid expenses and other assets on the Consolidated Balance Sheets. Debt Issuance Costs In accordance with ASC 835, Interest, Debt issuance costs incurred in connection with the Company’s unsecured revolving credit facility, mortgages and notes payable, and unsecured term notes and senior notes have been deferred and are being amortized over the term of the respective loan commitment using the straight-line method, which approximates the effective interest method. The following table summarizes debt issuance costs: December 31, (in thousands) 2020 2019 Unsecured revolving credit facility: Debt issuance costs $ 9,708 $ 4,692 Less accumulated amortization (3,273 ) (2,312 ) $ 6,435 $ 2,380 Mortgages and notes payable: Debt issuance costs $ 636 $ 667 Less accumulated amortization (351 ) (309 ) $ 285 $ 358 Unsecured term notes: Debt issuance costs $ 9,076 $ 9,898 Less accumulated amortization (2,872 ) (1,979 ) $ 6,204 $ 7,919 Initial Public Offering Costs Prior to the close of the IPO on September 21, 2020, the Company incurred and capitalized certain direct, incremental legal, professional, accounting and other third-party fees in connection with the IPO. The deferred IPO costs were offset against IPO proceeds, and reclassified as a component of Additional paid-in capital on the Consolidated Balance Sheets upon the consummation of the offering. At December 31, 2019, deferred IPO costs totaled $668 and were included within Prepaid expenses and other assets on the Consolidated Balance Sheets. See Note 15 for further discussion of net proceeds Earnout Liability The Company’s earnout liability is payable in four tranches, in a combination of cash, common shares, and OP Units, in the same proportion as the initial consideration paid in the Internalization (see Note 4). The common shares and OP Units payable under the arrangement were originally subject to a redemption rights agreement, whereby holders of the common shares and OP Units had the right to require the Company to repurchase any or all of the common shares or OP Units if an IPO had not occurred on or before December 31, 2020 (see discussion of the redemption rights agreement in Note 4). The common shares and OP Units were deemed to be freestanding financial instruments that, at inception, embodied an obligation to repurchase the Company’s common shares and OP Units, and therefore were initially classified as liabilities together with the cash portion of the earnout, and recorded in Earnout liability on the Consolidated Balance Sheets as part of the purchase price allocation. The fair value of the earnout liability is remeasured each reporting period, with changes recorded as Change in fair value of earnout liability in the Consolidated Statements of Income and Comprehensive Income. Upon completion of the IPO, the redemption rights with respect to the common shares and OP Units terminated, and the $18,436 fair value of the 726 shares of common stock and 1,240 OP Units associated with the third and fourth earnout tranches as of the date of the IPO, was reclassified to equity as a component of Additional paid-in capital and Non-controlling interests on the Consolidated Balance Sheets. At December 31, 2020, the $12,374 fair value of 363 shares of common stock and 619 OP Units associated with the first and second earnout tranches was reclassified to equity as a component of Additional paid-in capital and Non-controlling interests on the Consolidated Balance Sheets, as the achievement of 2020 adjusted funds from operations (“AFFO”) targets were not met and are no longer applicable. At December 31, 2020, the remaining balance in the earnout liability represents the fair value of the amounts potentially payable in the form of cash associated with all four tranches. Mezzanine Equity The Company issued common shares and OP Units as base consideration for the Internalization, each of which were subject to a redemption rights agreement, where the common shares (“mezzanine equity common stock”) and OP Units (“mezzanine equity non-controlling interests”) were economically equivalent to the permanent equity classified common shares and OP Units. The Company presented the mezzanine equity common stock and mezzanine equity non-controlling interests as mezzanine equity in the Consolidated Balance Sheets as they were redeemable outside the Company’s control. The Company subsequently recorded mezzanine equity common stock at redemption value each reporting period, with changes in carrying value recorded as a component of Additional paid-in capital on the Consolidated Balance Sheets. The Company subsequently recorded mezzanine equity non-controlling interests at the greater of (i) carrying amount, increased or decreased for the non-controlling interests’ share of net income or loss, dividends and comprehensive income or loss or (ii) redemption value. Changes in carrying value of mezzanine equity non-controlling interests were recorded as a component of Additional paid-in capital on the Consolidated Balance Sheets. The rights under the redemption rights agreement terminated effective with the IPO and the applicable common shares and OP Units were reclassified to permanent equity on September 21, 2020 (see discussion of redemption rights agreement in Note 4). Leasing Fees Leasing fees represent costs incurred to lease properties to tenants and are capitalized as they are incremental costs of a lease that would not have been incurred if the lease had not been obtained. Leasing fees are amortized using the straight-line method over the term of the lease to which they relate, which range from 9 to 29 years. Derivative Instruments The Company uses interest rate swap agreements to manage risks related to interest rate movements. The interest rate swap agreements, designated and qualifying as cash flow hedges, are reported at fair value. The Company early adopted ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting and Hedging Activities measurement guidance for qualifying hedging transactions and the presentation of hedge results in an entity’s financial statements. ASU 2017-12 removed the concept of separately measuring and reporting hedge ineffectiveness and requires a company to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. In accordance with ASU 2017-12, the gain or loss on the qualifying hedges is initially included as a component of other comprehensive income or loss and is subsequently reclassified into earnings when interest payments (the forecasted transactions) on the related debt are incurred and as the swap net settlements occur. When an existing cash flow hedge is terminated, the Company determines the accounting treatment for the accumulated gain or loss recognized in Accumulated other comprehensive loss based on the probability of the hedged forecasted transaction occurring within the period the cash flow hedge was anticipated to affect earnings. If the Company determines that the hedged forecasted transaction is probable of occurring during the original period, the accumulated gain or loss is reclassified into earnings over the remaining life of the cash flow hedge using a straight-line method, which approximates an effective interest method. If the Company determines that the hedged forecasted transaction is not probable of occurring during the original period, the entire amount of accumulated gain or loss is reclassified into earnings in the period the cash flow hedge is terminated. The Company documents its risk management strategy and hedge effectiveness at the inception of, and during the term of, each hedge. The Company’s interest rate risk management strategy is intended to stabilize cash flow requirements by maintaining interest rate swap agreements to convert certain variable-rate debt to a fixed rate. Property Loss and Insurance Recoveries Property losses, whether full or partial, are accounted for using a combination of impairment, insurance, and revenue recognition guidance prescribed by GAAP. Upon incurring a loss event, the Company evaluates for asset impairment under ASC 350, Intangibles – Goodwill and Other, Property, Plant, and Equipment. Under the terms of the lease agreements with tenants, in the case of full or partial loss to a property, the tenant has an obligation to restore/rebuild the premises as nearly as possible to its value, condition and character immediately prior to such event. To mitigate the risk of loss, the Company requires tenants to maintain general liability insurance policies on the replacement value of the properties. Based on these considerations, the Company follows the guidance in ASC 610-30, Other Income – Gains and Losses on Involuntary Conversions, i.e. i.e. Gain Contingencies. Non-controlling Interests Non-controlling interests represents the membership interests held in the OP of 7.3%, 6.3%, and 7.3% at December 31, 2020, 2019, and 2018, respectively, by third parties which are accounted for as a separate component of equity. The Company periodically adjusts the carrying value of non-controlling interests to reflect their share of the b |
Related-Party Transactions
Related-Party Transactions | 12 Months Ended |
Dec. 31, 2020 | |
Related Party Transactions [Abstract] | |
Related-Party Transactions | 3. Related-Party Transactions Prior to the Internalization on February 7, 2020, BRE, a related party in which certain directors of the Corporation had either a direct or indirect ownership interest, and the Asset Manager were considered to be related parties. Property Management Agreement The Corporation and the OP were parties to a property management agreement (as amended, the “Property Management Agreement”) with BRE. Under the terms of the Property Management Agreement, BRE managed and coordinated certain aspects of the leasing of the Corporation’s rental property. In exchange for services provided under the Property Management Agreement, BRE received certain fees and other compensation as follows: (i) 3% of gross rentals collected each month from the rental property for property management services (other than one property, which called for 5% of gross rentals under the Property Management Agreement); and (ii) Re-leasing fees for existing rental property equal to one month’s rent for a new lease with an existing tenant and two months’ rent for a new lease with a new tenant. Upon completion of the Internalization, the Property Management Agreement was terminated and there will be no future property management fees payable to BRE. The Internalization was not considered a “Termination Event” under the Property Management Agreement, therefore no fees were payable to BRE as a result of the Internalization. See Note 4 for further discussion regarding the Internalization, including the associated payments related thereto. Asset Management Agreement The Corporation and the OP were parties to an asset management agreement (as amended, the “Asset Management Agreement”) with the Asset Manager, a single member limited liability company of which BRE was the sole member, and therefore a related party in which certain directors of the Corporation had an indirect ownership interest. Under the terms of the Asset Management Agreement, the Asset Manager was responsible for, among other things, the Corporation’s acquisition, initial leasing, and disposition strategies, financing activities, and providing support to the Corporation’s Independent Directors Committee (“IDC”) for its valuation functions and other duties. The Asset Manager also nominated two individuals to serve on the Board of Directors of the Corporation. Under the terms of the Asset Management Agreement, the Asset Manager was compensated as follows: (i) a quarterly asset management fee equal to 0.25% of the aggregate value of common stock, based on the per share value as determined by the IDC each quarter, on a fully diluted basis as if all interests in the OP had been converted into shares of the Corporation’s common stock; (ii) 0.5% of the proceeds from future equity closings as reimbursement for offering, marketing, and brokerage expenses; (iii) 1% of the gross purchase price paid for each rental property acquired (other than acquisitions described in (iv) below), including any property contributed in exchange for membership interests in the OP; (iv) 2% of the gross purchase price paid for each rental property acquired in the event that the acquisition of a rental property required a new lease (as opposed to the assumption of an existing lease), such as a sale-leaseback transaction; (v) 1% of the gross sale price received for each rental property disposition; and (vi) 1% of the Aggregate Consideration, as defined in the Asset Management Agreement, received in connection with a disposition event, as defined in the Asset Management Agreement. Upon completion of the Internalization, the Asset Management Agreement was terminated and there will be no future asset management fees payable to the Asset Manager. The Internalization was not considered a “Termination Event” under the Asset Management Agreement, therefore no fees were payable to the Asset Manager as a result of the Internalization. See Note 4 for further discussion regarding the Internalization, including the associated payments related thereto. Total fees incurred under the Property Management Agreement and Asset Management Agreement are as follows: (in thousands) Financial Statement For the Year Ended December 31, Type of Fee Presentation 2020 (a) 2019 2018 Asset management fee Asset management fees $ 2,461 $ 21,863 $ 18,173 Property management fee Property management fees 1,275 8,256 6,529 Total management fee expense 3,736 30,119 24,702 Marketing fee (offering costs) Additional paid-in capital — 1,649 1,158 Acquisition fee Capitalized as a component of assets acquired — 10,319 5,907 Leasing fee and re-leasing fees Leasing fees, net — 843 1,399 Disposition fee Gain on sale of real estate 109 1,765 573 Total management fees $ 3,845 $ 44,695 $ 33,739 (a) Fees were payable under the Property Management Agreement and Asset Management Agreement from January 1, 2020 through February 6, 2020. The Internalization was effective February 7, 2020. There were no unpaid management fees at December 31, 2020 and 2019. All fees related to the Property Management Agreement and the Asset Management Agreement were paid for in cash within the Company’s normal payment cycle for vendors. Tax Protection Agreement Upon closing of the Internalization, the Company entered into an agreement with Amy L. Tait, the Company’s founder, and certain members of her family (“Founding Owners”), pursuant to which the OP agreed to indemnify the Founding Owners against the applicable income tax liabilities resulting from the sale, exchange, transfer or other disposal of the assets of BRE that the Company acquired in the Internalization, through February 7, 2030, or the Company’s failure to allocate specific types of the OP’s indebtedness to the Founding Owners (the “Founding Owners’ Tax Protection Agreement”). The maximum amount the Company may be liable for under the Founding Owners’ Tax Protection Agreement is $ 10,000 . Earnout Consideration In connection with the Internalization, the Company incurred a contingent obligation that would be payable to certain members of the Company’s Board of Directors and employees who had previously been owners and/or employees of BRE, upon the occurrence of certain events (see Note 4). The earnout consideration at December 31, 2020, consisted of $7,509 recorded as Earnout liability, $11,380 recorded as a component of Additional paid-in capital, and $19,430 recorded as a component of Non-controlling interests on the Consolidated Balance Sheets (see Note 2). Related Party Lease In connection with the Internalization, the Company assumed the lease agreement relating to its principal executive office with Clinton Asset Holdings Associates, L.P., an affiliated third party, approximately 1.6% of which is indirectly owned by the Company’s Chairman and member of the Board of Directors. The lease of 24,072 square feet of office space expires on August 31, 2023, and contains two five-year Investment in Related Party On June 30, 2015, the Company issued 556 shares with a value of $10,000 to BRE in exchange for 100 non-voting convertible preferred units of BRE, which represented a 6.4% ownership interest in BRE at the time of the transaction on a fully-diluted basis. The Company had the right to convert the preferred units to non-voting common units of BRE between January 1, 2018 and December 31, 2019. Subsequent to the conversion period, BRE had the option to redeem the convertible preferred units at their original value of $10,000, plus any accrued and unpaid preferred return. On July 31, 2018, the Company sold its investment to an existing owner of BRE. The preferred units were sold for an aggregate sales price of $18,500 and had a carrying value of $10,000 at the time of sale. The transaction was approved by the Board of Directors and IDC. The preferred units provided a stated preferred return at inception of 7.0% with 0.25% increases every June 30 th Redemption of Shares from Related Party In accordance with the definitive Merger Agreement entered into as part of Internalization, during December 2019, the Company redeemed 941 shares of its common stock from BRE, representing BRE’s entire ownership interest in the Company. The shares were redeemed at $21.25 per share, the then current Determined Share Value, for total consideration of $20,000. Conversion of OP Units to Common Stock During the year ended December 31, 2020, in a non-cash transaction (see Note19), the Company converted 822 OP Units held by an affiliated third party to 822 shares of common stock at a total conversion value of $15,631. The affiliated third party is approximately 7.5% directly, and 30.0% indirectly owned by the Company’s Chairman and member of the Board of Directors. See further discussion in Note 13 and 15. |
Internalization
Internalization | 12 Months Ended |
Dec. 31, 2020 | |
Internalization [Abstract] | |
Internalization | 4. Internalization On February 7, 2020, the Company completed the Internalization and the Company’s management team and corporate staff, who were previously employed by BRE, became employees of an indirect subsidiary of the OP. The Company paid base consideration of $209,516 at closing and may be required to pay additional earnout consideration of up to $75,000 in the future, as described below. In addition, the Company assumed $90,484 of debt in addition to other assets acquired and liabilities assumed, as detailed in the Allocation of Purchase Price The consideration paid at closing of the Internalization is summarized in the following table: (in thousands) Issuance of 3,124 shares of common stock $ 66,376 Issuance of 5,278 OP Units 112,159 Cash 30,981 Base consideration 209,516 Initial estimate of fair value of earnout liability 40,119 Total consideration $ 249,635 According to the terms of the Merger Agreement, the Company may be required to pay additional earnout consideration of up to $75,000 payable in four tranches of $10,000, $15,000, $25,000, and $25,000 if certain milestones related to either (a) the 40-day VWAP per REIT Share, following the completion of an IPO, or (b) the Company’s AFFO per share, prior to the completion of an IPO, (each, an “Earnout Trigger”) are achieved during the Earnout Periods. The consideration will consist of a combination of cash, shares of the Company’s common stock, and OP Units, based on the same proportions paid in the base consideration. The Company completed its IPO on September 21, 2020. The earnout tranches, applicable 40-day VWAP of a REIT Share and the applicable Earnout Periods are as follows: Number of Shares and 40-Day (in thousands, except per share amounts) OP Units Approximate VWAP of a Tranche Earnout Target (a) Payable (b) Amount of Cash REIT Share Applicable Earnout Period 1 $10,000 393 $ 1,646 $ 22.50 September 2020 - September 2022 2 $15,000 589 $ 2,470 $ 23.75 September 2020 - September 2022 3 $25,000 983 $ 4,117 $ 24.375 September 2021 - September 2025 4 $25,000 983 $ 4,117 $ 25.00 September 2021 - September 2025 (a) Initial contractual value of applicable earnout tranche based on a $21.25 price per share (b) Calculated based on $21.25 price per share/unit of common stock and OP Units. Should all earnout milestones be met, an additional 1,089 shares of common stock and an additional 1,859 OP Units would be issued, in addition to the payment of $12,350 in cash. As of the Internalization date, the Company estimated that the earnout liability had a fair value of $40,119, of which approximately $33,511 related to the potential issuance of common shares and OP Units and approximately $6,608 related to the potential payment of cash. The Company will estimate the fair value of the earnout liability at each reporting date during the contingency period and record any changes in estimated fair value in its Consolidated Statements of Income and Comprehensive Income. See Note 2 for further discussion of changes in the fair value of the earnout liability subsequent to the Internalization. Redemption Rights Agreement If an IPO did not occur on or before the satisfaction of any Earnout Trigger, then each holder of common shares or OP Units issued in connection with the Internalization had the right to require the Company to repurchase any or all of such holder’s shares or OP Units. Such rights terminated effective with the IPO. Upon occurrence of the IPO, the common stock and non-controlling interests issued as base consideration in connection with the Internalization and originally classified as mezzanine equity, were reclassified as a component of Common stock, Additional paid-in capital, and Non-controlling interests on the Consolidated Balance Sheets. Allocation of Purchase Price The Internalization was accounted for as a business combination and accordingly, the Company allocated the purchase price utilizing the acquisition method to record assets acquired and liabilities assumed at their estimated fair values. The allocation of the purchase price has been finalized and is based on the actual valuations of the tangible and intangible assets and liabilities that existed as of the date of completion of the acquisition, including the valuation of the earnout liability. The following table summarizes the Company’s allocation of the purchase price associated with the Internalization: (in thousands) Prepaid expenses and other assets $ 1,336 Right-of-use assets 1,898 Goodwill 339,769 Accounts payable and other liabilities (986 ) Operating lease liabilities (1,898 ) Debt (90,484 ) $ 249,635 In connection with the Internalization, the Company recorded goodwill of $339,769 as a result of the consideration exceeding the fair value of the net liabilities acquired. Goodwill represents the synergies and costs savings expected from the acquired management functions and the Company’s ability to generate additional portfolio growth on a lower cost structure than when it was externally managed. The goodwill is not deductible for tax purposes. In connection with the Internalization, the Company assumed $90,484 of debt which was subsequently repaid through a combination of revolving credit facility borrowings and entering into a new $60,000 term loan agreement (see Note 10). The Company incurred $3,705 in non-recurring costs associated with the Internalization during the year ended December 31, 2020, and $3,658 of such costs during the year ended December 31, 2019, which were classified as Internalization expenses in the Consolidated Statements of Income and Comprehensive Income. The effect of the Internalization has been reflected in the Company’s operating results beginning on February 7, 2020. No incremental revenues were recorded as a result of the Internalization. Subsequent to the Internalization, during the year ended December 31, 2020, the Company incurred $20,463 in expenses as a result of being internalized. Such amounts include general and administrative expenses associated with the Company’s performance of functions previously performed by BRE and the Asset Manager (primarily employee related costs), as well as interest expense associated with the borrowings related to the Internalization. These expenses do not include the Internalization expenses discussed above, or amounts recorded to reflect changes in the fair value of the earnout liability. Condensed Pro Forma Financial Information (Unaudited) The following pro forma information summarizes selected financial information from the Company’s combined results of operations, as if the Internalization had occurred on January 1, 2019. These results contain certain adjustments totaling $4,507 and $14,522 of income for the years ended December 31, 2020 and 2019, respectively. These pro forma adjustments reflect the elimination of Internalization expenses and asset management, property management, and disposition fees between the Company and BRE and the Asset Manager in historic financial results, and adjustments to reflect compensation and related costs, incremental general and administrative expenses related to the Internalization, and incremental interest expense associated with the borrowing related to the Internalization. This pro forma information is presented for informational purposes only, and may not be indicative of what actual results of operations would have been had the Internalization occurred at the beginning of the period, nor does it purport to represent the results of future operations. The condensed pro forma financial information is as follows: For the Year Ended December 31, (in thousands) 2020 2019 Revenues $ 321,637 $ 298,815 Net income 60,783 99,636 |
Acquisitions of Rental Property
Acquisitions of Rental Property | 12 Months Ended |
Dec. 31, 2020 | |
Business Combinations [Abstract] | |
Acquisitions of Rental Property | 5. Acquisitions of Rental Property The Company closed on the following acquisitions during the year ended December 31, 2020: (in thousands, except number of properties) Number of Real Estate Date Property Type Properties Acquisition Price November 13, 2020 Healthcare 1 $ 4,950 December 7, 2020 Industrial 8 28,000 December 23, 2020 Industrial 1 36,473 (a) December 28, 2020 Retail 1 5,150 December 29, 2020 Restaurant 7 13,189 December 30, 2020 Industrial 1 8,050 19 $ 95,812 (b) (a) Acquisition price excludes $4,500 deposited in an escrow for the future purchase of the related land (b) Acquisition price does not include capitalized acquisition costs of $1,272 The Company closed on the following acquisitions during the year ended December 31, 2019: (in thousands, except number of properties) Number of Real Estate Date Property Type Properties Acquisition Price January 31, 2019 Healthcare 1 $ 4,747 March 12, 2019 Industrial 1 10,217 March 15, 2019 Retail 10 13,185 March 19, 2019 Retail 14 19,128 March 26, 2019 Industrial 1 25,801 April 30, 2019 Industrial 1 76,000 (c) May 21, 2019 Retail 2 6,500 May 31, 2019 Retail 1 3,192 June 7, 2019 Office 1 30,589 June 26, 2019 Industrial 2 11,180 July 15, 2019 Restaurant 1 3,214 July 15, 2019 Industrial 1 11,330 July 31, 2019 Healthcare 5 27,277 August 27, 2019 Industrial 1 4,404 August 29, 2019 Industrial/Office 23 735,740 September 17, 2019 Industrial 1 11,185 October 31, 2019 Retail/Healthcare 3 12,922 November 7, 2019 Restaurant 1 3,142 November 20, 2019 Retail 1 7,385 November 22, 2019 Industrial 1 6,500 November 27, 2019 Retail 2 8,243 74 $ 1,031,881 (d) (c) In conjunction with this acquisition, the Company assumed a mortgage with a principal balance of $49,782 with an interest rate of 4.92% and a maturity date of February 2028 (d) Acquisition price does not include capitalized acquisition costs of $17,631. The Company closed on the following acquisitions during the year ended December 31, 2018: (in thousands, except number of properties) Number of Real Estate Date Property Type Properties Acquisition Price March 27, 2018 Industrial 1 $ 22,000 March 30, 2018 Industrial/Retail 26 78,530 April 30, 2018 Other 1 16,170 (e) June 6, 2018 Industrial 1 8,500 June 14, 2018 Industrial 1 39,700 June 14, 2018 Retail 6 14,479 June 21, 2018 Retail 1 20,231 June 21, 2018 Industrial 1 38,340 (f) June 29, 2018 Industrial 1 10,400 June 29, 2018 Retail 2 6,433 (g) July 12, 2018 Industrial 1 11,212 July 17, 2018 Retail 5 14,845 July 17, 2018 Office 1 34,670 August 6, 2018 Industrial 2 4,802 August 10, 2018 Retail 20 44,977 October 11, 2018 Healthcare 4 17,448 October 26, 2018 Industrial 1 8,816 October 31, 2018 Retail 1 2,016 November 30, 2018 Retail 3 5,357 December 4, 2018 Retail 2 6,036 December 6, 2018 Healthcare 6 46,100 December 12, 2018 Healthcare 1 20,312 December 20, 2018 Industrial 1 18,250 December 20, 2018 Healthcare 18 93,129 December 28, 2018 Industrial 1 10,035 December 28, 2018 Healthcare 5 14,037 113 $ 606,825 (h) ( e ) ( f ) August 2025 ( g ) ( h ) The Company allocated the purchase price of these properties to the fair value of the assets acquired and liabilities assumed. The following table summarizes the purchase price allocation for completed real estate acquisitions: For the Year Ended December 31, (in thousands) 2020 2019 2018 Land $ 17,403 $ 161,182 $ 72,559 Land improvements 5,356 47,391 32,498 Buildings and improvements 64,116 772,998 454,391 Equipment — — 2,892 Acquired in-place leases ( i ) 8,346 80,952 62,631 Acquired above-market leases (j) 1,717 2,800 5,538 Acquired below-market leases (k) (428 ) (15,811 ) (11,471 ) Direct financing investments — — 430 Sales-type investments 574 — — Mortgages payable — (49,782 ) (20,845 ) Non-real estate liabilities — — (56 ) $ 97,084 $ 999,730 $ 598,567 ( i ) ( j ) ( k ) The above acquisitions were funded using a combination of available cash on hand, revolving credit facility borrowings and the issuance of unsecured term loans, and proceeds from equity issuances. All real estate acquisitions closed during the years ended December 31, 2020, 2019, and 2018, qualified as asset acquisitions and, as such, acquisition costs have been capitalized. Subsequent to December 31, 2020, the Company closed on the following acquisition (see Note 21): (in thousands, except number of properties) Date Property Type Number of Properties Acquisition Price February 5, 2021 Healthcare 1 $ 4,843 |
Sale of Real Estate
Sale of Real Estate | 12 Months Ended |
Dec. 31, 2020 | |
Real Estate [Abstract] | |
Sale of Real Estate | 6. Sale of Real Estate The Company closed on the following sales of real estate, none of which qualified as discontinued operations: For the Year Ended December 31, (in thousands, except number of properties) 2020 2019 2018 Number of properties disposed 24 49 20 Aggregate sale price $ 81,039 $ 176,486 $ 57,402 Aggregate carrying value (62,528 ) (138,845 ) (43,492 ) Additional sales expenses (3,526 ) (7,727 ) (3,414 ) Gain on sale of real estate $ 14,985 $ 29,914 $ 10,496 |
Investment in Rental Property a
Investment in Rental Property and Lease Arrangements | 12 Months Ended |
Dec. 31, 2020 | |
Leases [Abstract] | |
Investment in Rental Property and Lease Arrangements | 7. Investment in Rental Property and Lease Arrangements The Company generally leases its investment rental property to established tenants in the industrial, healthcare, restaurant, office, retail, and other industries. At December 31, 2020, the Company had 622 real estate properties which were leased under leases that have been classified as operating leases, 10 that have been classified as direct financing leases, and one that has been classified as a sales-type lease. Of the 10 leases classified as direct financing leases, three include land portions which are accounted for as operating leases. The sales-type lease includes a land portion which is accounted for as an operating lease (see Revenue Recognition 20 years Investment in Rental Property – Accounted for Using the Operating Method Rental property subject to non-cancelable operating leases with tenants was as follows: December 31, (in thousands) 2020 2019 Land $ 555,748 $ 548,911 Land improvements 279,360 275,470 Buildings and improvements 2,857,510 2,850,571 Equipment 11,870 11,492 3,704,488 3,686,444 Less accumulated depreciation (349,977 ) (271,044 ) $ 3,354,511 $ 3,415,400 Depreciation expense on investment in rental property was as follows: For the Year Ended December 31, (in thousands) 2020 2019 2018 Depreciation $ 93,679 $ 83,797 $ 66,055 Estimated lease payments to be received under non-cancelable operating leases with tenants at December 31, 2020 are as follows: (in thousands) 2021 $ 294,411 2022 297,715 2023 301,282 2024 297,325 2025 290,075 Thereafter 2,041,715 $ 3,522,523 Since lease renewal periods are exercisable at the option of the tenant, the above amounts only include future lease payments due during the initial lease terms. In addition, such amounts exclude any potential variable rent increases that are based on changes in the CPI or future variable rents which may be received under the leases based on a percentage of the tenant’s gross sales. Investment in Rental Property – Direct Financing Leases The Company’s net investment in direct financing leases was comprised of the following: December 31, (in thousands) 2020 2019 Undiscounted estimated lease payments to be received $ 45,782 $ 72,753 Estimated unguaranteed residual values 15,203 20,358 Unearned revenue (31,753 ) (51,221 ) Reserve for credit losses (166 ) — Net investment in direct financing leases $ 29,066 $ 41,890 Undiscounted estimated lease payments to be received under non-cancelable direct financing leases with tenants at December 31, 2020 are as follows: (in thousands) 2021 $ 3,180 2022 3,241 2023 3,304 2024 3,361 2025 3,475 Thereafter 29,221 $ 45,782 The above rental receipts do not include future lease payments for renewal periods, potential variable CPI rent increases, or variable percentage rent payments that may become due in future periods. The following table summarizes amounts reported as Lease revenues, net on the Consolidated Statements of Income and Comprehensive Income: For the Year Ended December 31, (in thousands) 2020 2019 Contractual rental amounts billed for operating leases $ 281,998 $ 257,695 Adjustment to recognize contractual operating lease billings on a straight-line basis 20,965 22,109 Variable rental amounts earned 743 152 Earned income from direct financing leases 3,355 4,018 Earned income from sales-type leases 5 — Operating expenses billed to tenants 15,845 14,614 Other income from real estate transactions 799 668 Adjustment to revenue recognized for uncollectible rental amounts billed (2,073 ) (441 ) Total Lease revenues, net $ 321,637 $ 298,815 |
Intangible Assets And Liabiliti
Intangible Assets And Liabilities | 12 Months Ended |
Dec. 31, 2020 | |
Goodwill And Intangible Assets Disclosure [Abstract] | |
Intangible Assets and Liabilities | 8. Intangible Assets and Liabilities The following is a summary of intangible assets and liabilities and related accumulated amortization: December 31, (in thousands) 2020 2019 Lease intangibles: Acquired above-market leases $ 54,616 $ 62,136 Less accumulated amortization (18,928 ) (17,433 ) Acquired above-market leases, net 35,688 44,703 Acquired in-place leases 340,958 349,645 Less accumulated amortization (85,733 ) (62,454 ) Acquired in-place leases, net 255,225 287,191 Total Intangible lease assets, net $ 290,913 $ 331,894 Acquired below-market leases $ 107,788 $ 113,862 Less accumulated amortization (28,135 ) (21,640 ) Intangible lease liabilities, net $ 79,653 $ 92,222 Leasing fees $ 15,462 $ 17,013 Less accumulated amortization (4,724 ) (4,166 ) Leasing fees, net $ 10,738 $ 12,847 Amortization of intangible lease assets and liabilities was as follows: (in thousands) For the Year Ended December 31, Intangible Financial Statement Presentation 2020 2019 2018 Acquired in-place leases and leasing fees Depreciation and amortization $ 38,934 $ 25,021 $ 17,939 Above-market and below-market leases Lease revenues, net 1,127 3,419 304 Amortization expense for the year ended December 31, 2020, includes $14,517 of accelerated amortization resulting from early lease terminations. There was no accelerated amortization for the years ended December 31, 2019 and 2018. Estimated future amortization of intangible assets and liabilities at December 31, 2020 is as follows: (in thousands) 2021 $ 24,621 2022 22,447 2023 22,135 2024 21,376 2025 20,080 Thereafter 111,339 $ 221,998 |
Notes Receivable
Notes Receivable | 12 Months Ended |
Dec. 31, 2020 | |
Receivables [Abstract] | |
Notes Receivable | 9. Notes Receivable The Company, as the lender, entered into two loan agreements in the amount of $3,700 and $2,827. The agreements called for interest-only payments at 7.00% and 6.35% per annum through maturity in February and November 2019, respectively. Each of the loans was collateralized by the real estate assets held by the obligors and represented first mortgage liens on net leased commercial properties |
Unsecured Credit Agreements
Unsecured Credit Agreements | 12 Months Ended |
Dec. 31, 2020 | |
Debt Disclosure [Abstract] | |
Unsecured Credit Agreements | 10. Unsecured Credit Agreements Unsecured Revolving Credit and Term Loan Agreement On June 23, 2017, the Corporation and the OP entered into an $800,000 unsecured revolving credit and term loan agreement (“Unsecured Revolving Credit and Term Loan Agreement”) with Manufacturers & Traders Trust Company (“M&T Bank”), as Administrative Agent, four participating banks as Joint Lead Arrangers and Joint Bookrunners, four participating banks as Co-Syndication Agents, and four participating banks, as Co-Documentation Agents. The Unsecured Revolving Credit and Term Loan Agreement consisted of a $400,000 senior unsecured revolving credit facility, a $250,000 senior unsecured delayed draw term loan (“2023 Unsecured Term Loan”), and a $150,000 senior unsecured delayed draw term loan (“2024 Unsecured Term Loan”). The Unsecured Revolving Credit and Term Loan Agreement provides an accordion feature for up to a total of $1,000,000 of borrowing capacity. The senior unsecured revolving credit facility includes a $35,000 sublimit for swingline loans and $20,000 available for issuance of letters of credit. On November 20, 2017, pursuant to the terms of a Consent and Agreement Regarding Commitment Increases and Additional Term Loans (the “Commitment Increase”) among the Company, the OP, as the borrower, M&T Bank, as Administrative Agent, and the original parties to the Unsecured Revolving Credit and Term Loan Agreement, plus U.S. Bank National Association and Raymond James, N.A. as new lenders added pursuant to the Commitment Increase, the OP obtained an additional $80,000 in credit commitments from the lenders, raising the total available borrowings under the Unsecured Revolving Credit and Term Loan Agreement to $880,000. Except as amended by the Commitment Increase, all terms and conditions of the Unsecured Revolving Credit and Term Loan Agreement remained the same as those in effect prior to the Commitment Increase. As amended by the Commitment Increase, the Unsecured Revolving Credit and Term Loan Agreement consisted of the $425,000 senior unsecured revolving credit facility, the $265,000 2023 Unsecured Term Loan, and the $190,000 2024 Unsecured Term Loan. On February 28, 2019, the Company amended the Unsecured Revolving Credit and Term Loan Agreement to increase the amount available under the senior unsecured revolving credit facility from $425,000 to $600,000. This increased the total available borrowings under the Unsecured Revolving Credit and Term Loan Agreement to $1,055,000. All other terms and conditions of the Unsecured Revolving Credit and Term Loan Agreement remained the same as those in effect prior to this amendment. On July 1, 2019, the Company amended the Unsecured Revolving Credit and Term Loan Agreement. Prior to the amendment, the borrowings under the 2024 Unsecured Term Loan were subject to interest at variable rates based on LIBOR plus a margin based on the OP’s credit rating ranging between 1.50% and 2.45% per annum with the applicable margin being 1.90% at December 31, 2018. The amendment reduced the margin to a range between 0.85% and 1.65% per annum, and beginning on July 1, 2019 was 1.25% based on the OP’s credit rating of Baa3 then in effect. All other terms and conditions of the Unsecured Revolving Credit and Term Loan Agreement remained materially the same as those in effect prior to this amendment. Borrowings under the 2023 Unsecured Term Loan bear interest at variable rates based on LIBOR plus a margin based on the OP’s credit rating ranging between 0.90% and 1.75% per annum through the maturity date of January 2023 The Company is subject to various financial and nonfinancial covenants under the Unsecured Revolving Credit and Term Loan Agreement. On September 4, 2020, the Company entered into an agreement (the “Revolving Credit Agreement”) for a $ 900,000 unsecured revolving credit facility (the “Revolving Credit Facility”), with JPMorgan Chase Bank, N.A., as Administrative Agent. Closing of the Revolving Credit Agreement was subject to certain customary conditions, as well as the closing of the IPO, with a minimum condition on size, and listing of the Company’s common stock, as set forth in the agreement. Closing occurred on September 21, 2020, at which time the Revolving Credit Facility replaced the Company’s then existing $ 600,000 senior unsecured revolving credit facility. The Revolving Credit Agreement includes an accordion feature to increase the aggregate facility size from $ 900,000 to $ 2,000,000 , subject to the willingness of existing or new lenders to fund such increase and other customary conditions. The Revolving Credit Agreement matures on September 21, 2023 . The Company has the option to extend the term of the Revolving Credit Agreement twice for six months per extension , subject to certain conditions, including payment of an extension fee equal to 0.0625 % of the revolving commitments. Borrowings under the Revolving Credit Agreement are subject to interest only payments at variable rates equal to LIBOR plus a margin based on the Company’s credit rating, ranging from 0.825 % to 1.55 % per annum. At December 31, 2020, the applicable margin was 1.20 % based on the OP’s credit rating on such date. In addition, the Revolving Credit Facility is subject to a facility fee based on the Company’s credit rating, ranging between 0.125 % and 0.30 % per annum. At December 31, 2020, the facility fee was 0.25 % per annum based on the OP’s credit rating on such date . The interest rate spreads and facility fee under the Revolving Credit Facility are identical to those of the senior unsecured revolving credit facility that was replaced. 2026 Unsecured Term Loan On February 27, 2019, the Company entered into a $450,000 seven-year 2020 Unsecured Term Loan On August 2, 2019, the Company entered into a $300,000 term loan agreement (the “2020 Unsecured Term Loan”), maturing on August 2, 2020, with JP Morgan Chase Bank, N.A. as administrative agent. The 2020 Unsecured Term Loan was subject to a fee of 0.25% per annum on the amount of the commitment, reduced by the amount of term loans outstanding. The entire amount of $300,000 was funded on August 28, 2019 and used to partially fund acquisitions. Borrowings under the 2020 Unsecured Term Loan are subject to interest-only payments at variable rates equal to LIBOR plus a margin based on the OP’s credit rating between 0.85% and 1.65% per annum. Based on the OP’s credit rating of Baa3, the applicable margin was 1.25%. On September 21, 2020, the term loan was repaid in full using proceeds from the Company’s IPO. 2022 Unsecured Term Loan On February 7, 2020, the Company entered into a $ 60,000 term loan agreement maturing on February 28, 2022 (the “2022 Unsecured Term Loan”) with JP Morgan Chase, N.A. as administrative agent. The 2022 Unsecured Term Loan was fully funded at closing and used to repay a portion of the debt assumed by the Company as part of the Internalization. Borrowings under the 2022 Unsecured Term Loan are subject to interest only payments at variable rates equal to LIBOR plus a margin based upon the Company’s credit rating, ranging between 0.85 % and 1.65 % per annum. At December 31, 2020, the applicable margin was 1.25 % based on the OP’s credit rating on such date . Senior Notes In January 2017, the Company commenced a private offering of unsecured, fixed-rate, interest-only senior promissory notes (the “Series A Notes”). On April 18, 2017, the Company closed the offering and issued the Series A Notes for an aggregate principal amount of $150,000. The Series A Notes were issued by the OP and guaranteed by the Corporation. The Series A Notes were issued at par, bear interest at a rate of 4.84% per annum (priced at 240 basis points above the 10-year U.S. Treasury yield at the time of pricing), and have a 10-year maturity, maturing on April 18, 2027. On July 2, 2018, the Company entered into a Note and Guaranty Agreement (the “NGA Agreement”) with each of the purchasers of unsecured, fixed-rate, interest-only, guaranteed senior promissory notes. Under the NGA Agreement, the OP issued and sold senior promissory notes in two series, Series B Guaranteed Senior Notes (the “Series B Notes”) and Series C Guaranteed Senior Notes (the “Series C Notes”), for an aggregate principal amount of $325,000. The Series B Notes provide for an aggregate principal amount of $225,000 with a fixed-rate of 5.09% through the maturity date of July 2, 2028. The Series C Notes provide for an aggregate principal amount of $100,000 with a fixed-rate of 5.19% through the maturity date of July 2, 2030. On July 2, 2018, the OP issued $100,000 of the Series B Notes and $50,000 of the Series C Notes. The remaining $125,000 principal of the Series B Notes and $50,000 principal of the Series C Notes were funded on September 13, 2018. The proceeds of both issuances were used to pay off borrowings on the Revolving Credit Facility and other outstanding term loan debt. The following table summarizes the Company’s unsecured credit agreements: Outstanding Balance December 31, Interest Maturity (in thousands, except interest rates) 2020 2019 Rate (c) Date Revolving credit facilities (a) $ — $ 197,300 one-month LIBOR + 1.20% (d) 2020 Unsecured Term Loan (a) — 300,000 one-month LIBOR + 1.25% Feb. 2021 2022 Unsecured Term Loan (a) 60,000 — one-month LIBOR + 1.25% Feb. 2022 2023 Unsecured Term Loan (a) 265,000 265,000 one-month LIBOR + 1.35% Jan. 2023 2024 Unsecured Term Loan (a) 190,000 190,000 one-month LIBOR + 1.25% Jun. 2024 2026 Unsecured Term Loan (a) 450,000 450,000 one-month LIBOR + 1.85% Feb. 2026 Senior Notes (a) Series A 150,000 150,000 4.84% Apr. 2027 Series B 225,000 225,000 5.09% Jul. 2028 Series C 100,000 100,000 5.19% Jul. 2030 475,000 475,000 Total 1,440,000 1,877,300 Debt issuance costs, net (b) (6,204 ) (7,919 ) $ 1,433,796 $ 1,869,381 (a) The Company believes it was in compliance with all financial covenants for all periods presented. (b) Amounts presented include debt issuance costs, net, related to the unsecured term notes and senior notes only. (c) At December 31, 2020 and 2019, one-month LIBOR was 0.14% and 1.76%, respectively. (d) On September 4, 2020, the Company replaced its prior $600,000 revolving credit facility with a maturity date of January 2022, with a new $900,000 facility with a maturity date of September 2023. At December 31, 2020, the weighted average interest rate on all outstanding borrowings was 2.80%, exclusive of interest rate swap agreements. For the year ended December 31, 2020, the Company paid $5,918 in debt issuance costs associated with the Revolving Credit Facility. For the year ended December 31, 2019, the Company paid $6,549 in debt issuance costs associated with the 2020 Unsecured Term Loan, the 2026 Unsecured Term Loan and its prior unsecured revolving credit agreement. For the year ended December 31, 2018, the Company paid $2,209 in debt issuance costs associated with the Series B Notes and Series C Notes. For each separate debt instrument, on a lender by lender basis, in accordance with ASC 470-50, Debt Modifications and Extinguishment Based on this assessment, $5,918 and $6,543 of the debt issuance costs incurred during the years ended December 31, 2020 and 2019, were deemed to be related to the issuance of new debt, or the modification of existing debt, and therefore have been deferred and are being amortized over the term of the associated debt. The remaining $6 of the debt issuance costs incurred during the year ended December 31, 2019, were deemed to be related to the extinguishment of debt and were expensed and included in Cost of debt extinguishment in the accompanying Consolidated Statements of Income and Comprehensive Income. Additionally, during the year ended December 31, 2020, $392 of unamortized debt issuance costs were expensed and included in Cost of debt extinguishment in the accompanying Consolidated Statements of Income and Comprehensive Income. Such amounts totaled $328 during the year ended December 31, 2019. All debt issuance costs incurred during the year ended December 31, 2018, related to the issuance of new debt and therefore have been deferred and are being amortized over the term of the associated debt. Debt issuance costs are amortized as a component of interest expense in the accompanying Consolidated Statements of Income and Comprehensive Income. The following table summarizes debt issuance cost amortization: For the Year Ended December 31, (in thousands) 2020 2019 2018 Debt issuance costs amortization $ 3,445 $ 2,685 $ 1,918 The Company is subject to various financial and operational covenants and financial reporting requirements pursuant to its unsecured credit agreements. These covenants require the Company to maintain certain financial ratios, including leverage, fixed charge coverage, and debt service coverage, among others. As of December 31, 2020, the Company believes it was in compliance with all of its loan covenants. Failure to comply with the covenants would result in a default which, if the Company were unable to cure or obtain a waiver from the lenders, could accelerate the repayment of the obligations. Further, in the event of default, the Company may be restricted from paying dividends to its stockholders in excess of dividends required to maintain its REIT qualification. Accordingly, an event of default could have a material and adverse impact on the Company. |
Mortgages and Notes Payable
Mortgages and Notes Payable | 12 Months Ended |
Dec. 31, 2020 | |
Debt Disclosure [Abstract] | |
Mortgages and Notes Payable | 11. Mortgages and Notes Payable The Company’s mortgages and notes payable consist of the following: Origination Maturity (in thousands, except interest rates) Date Date Interest December 31, Lender (Month/Year) (Month/Year) Rate 2020 2019 Wilmington Trust National Association Apr-19 Feb-28 4.92% $ 47,945 $ 49,065 (a) (b) (c) (k) Wilmington Trust National Association Jun-18 Aug-25 4.36% 19,947 20,318 (a) (b) (c) (j) PNC Bank Oct-16 Nov-26 3.62% 17,498 17,885 (b) (c) Sun Life Mar-12 Oct-21 5.13% 10,469 10,888 (b) (f) Aegon Apr-12 Oct-23 6.38% 7,039 7,788 (b) (g) M&T Bank Oct-17 Aug-21 one - month LIBOR+3% 4,769 4,913 (b) (d) (h) (i) Note holders Dec-08 Dec-23 6.25% — 750 (d) Standard Insurance Co. Jul-10 Aug-30 6.75% — 544 (b) (c) (d) (e) 107,667 112,151 Debt issuance costs, net (285 ) (358 ) $ 107,382 $ 111,793 (a) Non-recourse debt includes the indemnification/guaranty of the Corporation and/or OP pertaining to fraud, environmental claims, insolvency and other matters. (b) Debt secured by related rental property and lease rents. (c) Debt secured by guaranty of the OP. (d) Debt secured by guaranty of the Corporation. (e) The interest rate (f) Mortgage was assumed in March 2012 as part of an UPREIT transaction. The debt was recorded at fair value at the time of the assumption. (g) Mortgage was assumed in April 2012 as part of the acquisition of the related property. The debt was recorded at fair value at the time of the assumption. (h) The Company entered into an interest rate swap agreement in connection with the mortgage note, as further described in Note 12. ( i ) Mortgage was assumed in October 2017 as part of an UPREIT transaction. The debt was recorded at fair value at the time of the assumption. (j) Mortgage was assumed in June 2018 as part of the acquisition of the related property. The debt was recorded at fair value at the time of assumption. (k) Mortgage was assumed in April 2019 as part of the acquisition of the related property. The debt was recorded at fair value at the time of assumption. At December 31, 2020, investment in rental property of $173,532 was pledged as collateral against the Company’s mortgages and notes payable. The following table summarizes the mortgages extinguished by the Company: For the Year Ended December 31, (in thousands, except number of mortgages) 2020 2019 2018 Number of mortgages 2 4 2 Outstanding balance of mortgages $ 1,132 $ 13,905 $ 6,666 The following table summarizes the cost of mortgage extinguishment: For the Year Ended December 31, (in thousands) 2020 2019 2018 Cost of mortgage extinguishment $ 25 $ 842 $ 101 Estimated future principal payments to be made under the above mortgage and note payable agreements, and the Company’s unsecured credit agreements (see Note 10) at December 31, 2020, are as follows: (in thousands) 2021 $ 18,006 2022 62,907 2023 272,582 2024 192,260 2025 20,195 Thereafter 981,717 $ 1,547,667 Certain of the Company’s mortgage and note payable agreements provide for prepayment fees and can be terminated under certain events of default as defined under the related agreements. These prepayment fees are not reflected as part of the table above. |
Interest Rate Swaps
Interest Rate Swaps | 12 Months Ended |
Dec. 31, 2020 | |
Derivative Instruments And Hedging Activities Disclosure [Abstract] | |
Interest Rate Swaps | 12. Interest Rate Swaps Interest rate swaps were entered into with certain financial institutions in order to mitigate the impact of interest rate variability over the term of the related debt agreements. The interest rate swaps are considered cash flow hedges. In order to reduce counterparty concentration risk, the Company has a diversification policy for institutions that serve as swap counterparties. Under these agreements, the Company receives monthly payments from the counterparties on these interest rate swaps equal to the related variable interest rates multiplied by the outstanding notional amounts. Certain interest rate swaps amortize on a monthly basis. In turn, the Company pays the counterparties each month an amount equal to a fixed rate multiplied by the related outstanding notional amounts. The intended net impact of these transactions is that the Company pays a fixed interest rate on its variable-rate borrowings. The following is a summary of the Company’s outstanding interest rate swap agreements: Fair Value (in thousands, except interest rates) Fixed Notional December 31, Counterparty Maturity Date Rate Variable Rate Index Amount 2020 2019 Bank of America, N.A. November 2023 2.80 % one-month LIBOR $ 25,000 $ (1,848 ) $ (1,136 ) Bank of Montreal July 2024 1.16 % one-month LIBOR 40,000 (1,380 ) 740 Bank of Montreal January 2025 1.91 % one-month LIBOR 25,000 (1,725 ) (402 ) Bank of Montreal July 2025 2.32 % one-month LIBOR 25,000 (2,351 ) (970 ) Bank of Montreal January 2026 1.92 % one-month LIBOR 25,000 (2,039 ) (448 ) Bank of Montreal January 2026 2.05 % one-month LIBOR 40,000 (3,523 ) (1,014 ) Bank of Montreal December 2026 2.33 % one-month LIBOR 10,000 (1,156 ) (460 ) Bank of Montreal December 2026 1.99 % one-month LIBOR 25,000 (2,372 ) (577 ) Bank of Montreal December 2027 2.37 % one-month LIBOR 25,000 (3,234 ) (1,306 ) Bank of Montreal May 2029 2.09 % one-month LIBOR 25,000 (2,994 ) (799 ) Capital One, National Association December 2021 1.05 % one-month LIBOR 15,000 (141 ) 143 Capital One, National Association December 2024 1.58 % one-month LIBOR 15,000 (799 ) 10 Capital One, National Association January 2026 2.08 % one-month LIBOR 35,000 (3,078 ) (911 ) Capital One, National Association April 2026 2.68 % one-month LIBOR 15,000 (1,843 ) (944 ) Capital One, National Association July 2026 1.32 % one-month LIBOR 35,000 (1,806 ) 720 Capital One, National Association December 2027 2.37 % one-month LIBOR 25,000 (3,199 ) (1,278 ) M&T Bank August 2021 1.02 % one-month LIBOR 4,768 (25 ) 41 (a), (b) M&T Bank September 2022 2.83 % one-month LIBOR 25,000 (1,139 ) (862 ) M&T Bank November 2023 2.65 % one-month LIBOR 25,000 (1,785 ) (1,038 ) Regions Bank May 2020 2.12 % one-month LIBOR 50,000 — (104 ) Regions Bank December 2023 1.18 % one-month LIBOR 25,000 (763 ) 376 Regions Bank May 2029 2.11 % one-month LIBOR 25,000 (3,004 ) (827 ) Regions Bank June 2029 2.03 % one-month LIBOR 25,000 (2,843 ) (651 ) Truist Financial Corporation April 2024 1.99 % one-month LIBOR 25,000 (1,487 ) (451 ) Truist Financial Corporation April 2025 2.20 % one-month LIBOR 25,000 (2,084 ) (781 ) Truist Financial Corporation July 2025 1.99 % one-month LIBOR 25,000 (1,941 ) (524 ) Truist Financial Corporation December 2025 2.30 % one-month LIBOR 25,000 (2,481 ) (993 ) Truist Financial Corporation January 2026 1.93 % one-month LIBOR 25,000 (2,019 ) (458 ) U.S. Bank National Association June 2029 2.03 % one-month LIBOR 25,000 (2,902 ) (681 ) U.S. Bank National Association August 2029 1.35 % one-month LIBOR 25,000 (1,445 ) 881 Wells Fargo Bank, N.A. February 2021 2.39 % one-month LIBOR 35,000 (70 ) (302 ) Wells Fargo Bank, N.A. October 2024 2.72 % one-month LIBOR 15,000 (1,422 ) (795 ) Wells Fargo Bank, N.A. April 2027 2.72 % one-month LIBOR 25,000 (3,555 ) (1,845 ) Wells Fargo Bank, N.A. January 2028 2.37 % one-month LIBOR 75,000 (9,650 ) (3,914 ) $ (72,103 ) $ (21,560 ) (a) Notional amount at December 31, 2019 (b) Interest rate swap was assumed in October 2017 as part of an UPREIT transaction . The total amounts recognized, and the location in the accompanying Consolidated Statements of Income and Comprehensive Income, from converting from variable rates to fixed rates under these agreements were as follows: Total Interest Expense Amount of (Loss) Presented in the Gain Recognized in Reclassification from Accumulated Consolidated Statements Accumulated Other Other Comprehensive Loss of Income and (in thousands) Comprehensive Amount of (Loss) Comprehensive For the years ended December 31, Loss Location Gain Income 2020 $ (50,544 ) Interest expense $ (12,656 ) $ 76,138 2019 (37,372 ) Interest expense 1,492 72,534 2018 10,584 Interest expense (910 ) 52,855 Amounts related to the interest rate swaps expected to be reclassified out of Accumulated other comprehensive loss to Interest expense during the next twelve months are estimated to be a loss of $15,972. The Company is exposed to credit risk in the event of non-performance by the counterparties of the swaps. The Company minimizes the risk exposure by limiting counterparties to major banks who meet established credit and capital guidelines. |
Non-Controlling Interests
Non-Controlling Interests | 12 Months Ended |
Dec. 31, 2020 | |
Noncontrolling Interest [Abstract] | |
Non-Controlling Interests | 13. Non-Controlling Interests Under the Company’s UPREIT structure, entities and individuals can contribute their properties in exchange for OP Units. Properties contributed as part of UPREIT transactions were valued at $15,797 during the year ended December 31, 2018, which represents the estimated fair value of the properties contributed, less any assumed debt. There were no UPREIT transactions during the years ended December 31, 2020 and 2019. The cumulative amount of UPREIT properties contributed, less assumed debt, amounted to $128,746 The OP Units are economically equivalent to the Corporation’s common stock and, subject to certain restrictions, are convertible into the Company’s common stock at the option of the respective unit holders on a one-to-one basis. The OP Units are redeemable for cash at the option of the holder, however, the Company may issue shares in lieu of cash. Therefore the OP Units are considered to be permanent equity. Exchanges of OP Units held by non-controlling interest holders are recorded by reducing non-controlling interest on a historical cost basis with a corresponding increase in common stock and additional paid-in capital. The following table summarizes OP Units exchanged for shares of common stock: For the Year Ended December 31, (in thousands) 2020 2019 2018 OP Units exchanged 822 — 34 Shares of common stock received 822 — 34 Value of shares/units exchanged $ 15,631 $ — $ 684 Holders of the OP Units do not have voting rights at the Corporation level. |
Credit Risk Concentrations
Credit Risk Concentrations | 12 Months Ended |
Dec. 31, 2020 | |
Risks And Uncertainties [Abstract] | |
Credit Risk Concentrations | 14. Credit Risk Concentrations The Company maintained bank balances that, at times, exceeded the federally insured limit during the years ended December 31, 2020, 2019, and 2018. The Company has not experienced losses relating to these deposits and management does not believe that the Company is exposed to any significant credit risk with respect to these amounts. Prior to the Internalization on February 7, 2020, the Company’s rental property was managed by BRE and the Asset Manager as described in Note 3. Management fees paid to BRE and the Asset Manager represented 2 %, 18 %, and 19 % of total operating expenses for the years ended December 31, 2020, 2019, and 2018 , respectively. These amounts do not include acquisition fees paid to the Asset Manager that were capitalized (see Notes 2 and 3). The Company had mortgages and notes payable with three institutions that comprise 63 %, 16 %, and 10 % of total mortgages and notes payable at December 31, 2020 . The Company had mortgages and notes payable with three institutions that comprised 62 %, 16 %, and 10 % of total mortgages and notes payable at December 31, 2019 . The Company had mortgages and notes payable with four institutions that comprised 26 %, 23 %, 14 %, and 11 % of total mortgages and notes payable at December 31, 2018 . For the years ended December 31, 2020, 2019, and 2018 , the Company had no individual tenants or common franchises that accounted for more than 10% of total revenues . |
Equity
Equity | 12 Months Ended |
Dec. 31, 2020 | |
Equity [Abstract] | |
Equity | 15. Equity General On September 21, 2020, the Corporation completed its IPO and issued 33,500 shares of Class A Common Stock at an initial public offering price of $17.00 per share (the “IPO Price”). The net proceeds from the IPO, after deducting underwriting discounts and commissions of $34,170 and $3,010 of other expenses, were $532,320. The Company used the net proceeds to repay the remaining $216,488 principal and accrued interest due under the Company’s then existing revolving credit facility and the remaining $240,225 principal and accrued interest due under its 2020 Unsecured Term Loan. The remaining net proceeds will be used for general business purposes, including acquisitions. As part of the IPO, the underwriters of the IPO were granted an option, exercisable within 30 days from September 21, 2020, to purchase up to an additional 5,025 shares of Class A Common Stock at the IPO Price, less underwriting discounts and commissions. On October 20, 2020, the underwriters partially exercised their option by purchasing an additional 3,500 shares of Class A Common stock. The Company received $55,930 of additional IPO proceeds as a result of the underwriter’s exercise of their option, net of $3,570 underwriting discounts and commissions. The net proceeds will be used for general business purposes, including acquisitions. Pursuant to the Corporation’s Articles of Incorporation (the “Charter”), the Corporation is authorized to issue an aggregate of 500,000 shares of common stock, of which 60,000 shares are designated as Class A Common Stock with a par value of $0.00025 per share (unrounded), and 440,000 shares are designated as Common Stock with a par value of $0.00025 per share (unrounded), and 20,000 shares are designated as preferred stock with a par value of $0.001 per share (unrounded). The Board of Directors, without any action by the Corporation’s stockholders, may amend the Charter from time to time to increase or decrease the aggregate number of shares of capital stock or the number of shares of capital stock of any class or series that the Corporation has authority to issue. The terms of the Class A Common Stock are identical to the terms of the Common Stock, except that each share of Class A Common Stock will automatically convert into one share of Common Stock on March 20, 2021. The Common Stock will subsequently be listed on the NYSE on March 22, 2021, which represents the first trading day following the 180-day period following the closing of the IPO. The Common Stock and Class A Common Stock are collectively referred to as the Corporation’s “common stock”. During the year ended December 31, 2020, the Board of Directors declared a monthly dividend of $0.110 During the years ended December 31, 2019 and 2018, the Board of Directors declared a monthly dividend of $0.108 per share and OP Unit and $0.104 per share and OP Unit for January 2019 and 2018, respectively, and a $0.110 per share and OP Unit and $0.108 per share and OP Unit for February through December 2019 and 2018, respectively. Common Stock The shares of the Corporation’s common stock entitle the holders to one vote per share on all matters upon which stockholders are entitled to vote, to receive dividends and other distributions as authorized by the Board of Directors in accordance with the Maryland General Corporation Law, and to all rights of a stockholder pursuant to the Maryland General Corporation Law. The common stock has no preferences or preemptive conversion or exchange rights. Pursuant to the limited liability company agreement between the Corporation and the OP, each outstanding OP Unit is convertible into one share of the Corporation’s common stock, subject to the terms and conditions set forth in the OP’s operating agreement. Preferred Stock The Charter also provides the Board of Directors with the authority to issue one or more classes or series of preferred stock, and prior to the issuance of such shares of preferred stock, the Board of Directors shall have the power from time to time to classify or reclassify, in one or more series, any unissued shares and designate the preferences, rights and privileges of such shares of preferred stock. At December 31, 2020 and 2019, no shares of the Corporation’s preferred stock were issued and outstanding. Share Redemption Program The Board of Directors approved a share redemption program (“Share Redemption Program”) under which the Corporation could repurchase shares of its outstanding common stock after December 31, 2009. The Board of Directors approved and adopted an amended and restated Share Redemption Program effective as of June 28, 2017. Under the Share Redemption Program, stockholders could request that the Corporation redeem shares after one year from the original investment date, subject to certain exceptions as set forth in the Share Redemption Program. Under the Share Redemption Program, the Corporation was not obligated to repurchase shares and, notwithstanding any other term of the Share Redemption Program, the Board of Directors or IDC could reject any share redemption request made by any stockholder at any time. Shares held for more than 12 months, but less than five years, were redeemed at a purchase price equal to 95% of the current share value established from time to time by the IDC (the “Determined Share Value”), and shares held for five years or more were redeemed at a purchase price equal to 100% of the current Determined Share Value, subject to certain exemptions as set forth in the Share Redemption Program. Total shares redeemed pursuant to the Share Redemption Program in any quarter could not exceed 1% of the total number of shares outstanding at the beginning of the calendar year plus 50% of the total number of any additional shares issued during the prior calendar quarter under the DRIP (as defined below), provided that the total number of shares redeemed during any calendar year could not exceed 5% of the number of shares outstanding as of the first day of such calendar year. The Board of Directors or the IDC could amend, suspend, or terminate the Share Redemption Program at any time upon 30 days’ notice to the Corporation’s stockholders. On January 10, 2020, the Corporation announced that it would be terminating the Share Redemption Program, effective February 10, 2020. The following table summarizes redemptions under the Company’s Share Redemption Program: For the years ended December 31, (in thousands, except number of redemptions) 2020 2019 2018 Number of redemptions requested — 96 50 Number of shares — 2,610 509 Aggregate redemption price $ — $ 54,599 $ 10,304 The 2019 redemption amounts include the redemption of shares from BRE, as discussed in Note 3. Distribution Reinvestment Plan The Corporation had adopted a Distribution Reinvestment Plan (“DRIP”), pursuant to which the Corporation’s stockholders and holders of OP Units (other than the Corporation), could elect to have cash distributions reinvested in additional shares of the Corporation’s common stock. The DRIP was terminated effective February 10, 2020. At December 31, 2020 and 2019 a total of 12,301 and 12,019 shares of common stock, respectively, have been issued under the DRIP. |
Stock-Based Compensation
Stock-Based Compensation | 12 Months Ended |
Dec. 31, 2020 | |
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | |
Stock-Based Compensation | 16. Stock-Based Compensation On August 4, 2020, the Company awarded 341 shares of restricted common stock under the Equity Incentive Plan to certain officers and employees. The holder of a restricted stock award is generally entitled at all times on and after the date of issuance of the restricted common shares to exercise the rights of a stockholder of the Company, including the right to vote the shares and the right to receive dividends on the shares. The restricted stock awards vest over a three or four year period from the date of the Internalization, subject to the employee’s continued service through the applicable vesting dates and in accordance with the terms of the individual award agreements. No ne of the shares of restricted stock were vested at December 31, 2020 . The following table presents information about the Company’s restricted stock awards: For the Year Ended December 31, (in thousands, except recognition period) 2020 Compensation cost $ 1,989 Dividends declared on unvested restricted stock 131 December 31, 2020 Unamortized value of restricted stock awards $ 5,001 Weighted average amortization period (in years) 2.8 The following table presents information about the Company’s restricted stock activity during the year ended December 31, 2020: (in thousands, except per share amounts) Number of Shares Weighted Average Grant Date Fair Value per Share Unvested at beginning of period — $ — Granted 341 20.50 Vested — — Forfeited — — Unvested at end of period 341 $ 20.50 The August 4, 2020 grant date fair value per share of $20.50 was based on the determined share value established by the Board of Directors (“Determined Share Value”). Prior to the IPO, the Company sold shares of common stock in a private offering at a price equal to the Determined Share Value, which was established at least quarterly by the Board of Directors based on the net asset value (“NAV”) of the Company’s portfolio, input from management and third-party consultants, and such other factors as the Board of Directors determined. The Company’s NAV was calculated using its established valuation process, starting with an estimate of the fair value of the properties in the portfolio as of that date based upon, among other factors, the implied market price for each asset based upon a review of market capitalization rates. |
Earnings per Share
Earnings per Share | 12 Months Ended |
Dec. 31, 2020 | |
Earnings Per Share [Abstract] | |
Earnings Per Share | 17. Earnings per Share The following table summarizes the components used in the calculation of basic and diluted earnings per share (“EPS”): For the Year Ended December 31, (in thousands, except per share amounts) 2020 2019 2018 Basic earnings: Net earnings attributable to Broadstone Net Lease, Inc. common shareholders $ 51,181 $ 79,394 $ 69,375 Less: earnings allocated to unvested restricted shares (131 ) — — Net earnings used to compute basic earnings per common share $ 51,050 $ 79,394 $ 69,375 Diluted earnings: Net earnings used to compute basic earnings per share $ 51,050 $ 79,394 $ 69,375 Net earnings attributable to non-controlling interests 5,095 5,720 5,730 Net earnings used to compute diluted earnings per common share $ 56,145 $ 85,114 $ 75,105 Weighted average number of common shares outstanding: 117,289 95,917 80,967 Less: weighted average unvested restricted shares (a) (139 ) — — Weighted average number of common shares outstanding used in basic earnings per common share 117,150 95,917 80,967 Effects of convertible membership units (b) 11,649 6,948 6,674 Weighted average number of common shares outstanding used in diluted earnings per common share 128,799 102,865 87,641 Basic earnings per share $ 0.44 $ 0.83 $ 0.86 Diluted earnings per share $ 0.44 $ 0.83 $ 0.86 (a) Represents the weighted average effects of 341 unvested restricted shares of common stock as of December 31, 2020, which will be excluded from the computation of earnings per share until they vest. The shares of restricted common stock were not included in the calculation of diluted earnings per share, as the effect of doing so would have been anti-dilutive (b) Represents the weighted average effects of 11,399, 6,948, and 6,948 OP Units outstanding at December 31, 2020, 2019, and 2018, respectively. OP Units are included in the diluted earnings per share calculation. However, because such OP Units would also require that the share of the OP income attributable to such OP units also be added back to net income, there is no effect to EPS. |
Income Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2020 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | 18. Income Taxes For federal income tax purposes, distributions to stockholders are characterized as ordinary dividends, capital gain distributions, or return of capital distributions. Return of capital distributions will reduce stockholders’ basis in their shares, but not below zero. The portion of the distribution that exceeds the adjusted basis of the stock will be treated as gain from the sale or exchange of property. The following table shows the character of the distributions the Company paid on a percentage basis: For the Year Ended December 31, Character of Distributions 2020 2019 2018 Ordinary dividends 89 % 43 % 55 % Capital gain distributions 7 % 8 % 8 % Return of capital distributions 4 % 49 % 37 % 100 % 100 % 100 % |
Supplemental Cash Flow Disclosu
Supplemental Cash Flow Disclosures | 12 Months Ended |
Dec. 31, 2020 | |
Supplemental Cash Flow Elements [Abstract] | |
Supplemental Cash Flow Disclosures | 19. Supplemental Cash Flow Disclosures Cash paid for interest was $72,566, $76,379, and $44,697 for the years ended December 31, 2020, 2019, and 2018, respectively. Cash paid for state income, franchise, and foreign taxes was $1,500, $2,131, and $947 for the years ended December 31, 2020, 2019, and 2018, respectively. The following are non-cash transactions and have been excluded from the accompanying Consolidated Statements of Cash Flows: • During the years ended December 31, 2020, 2019, and 2018, the Corporation issued 275, 3,012, and 2,489 shares, respectively, of common stock with a value of approximately $5,733, $63,020, and $50,826, respectively, under the terms of the DRIP (see Note 15). • During the year ended December 31, 2020, the Company issued shares of Common Stock and OP Units, with a total value of approximately $178,535, and earnout consideration with a fair value of $40,119 as consideration for the Internalization and assumed $90,484 of debt (see Note 4). • During the year ended December 31, 2020, the Company adjusted the carrying value of mezzanine equity non-controlling interests by $2,513, with an offset to Additional paid-in capital, in accordance with our accounting policy (see Note 2). • During the year ended December 31, 2020, the Company reclassified $112,698 of mezzanine equity non-controlling interests to Non-controlling interests as a result of the IPO triggering permanent equity classification (see Note 2 and 4). • During the year ended December 31, 2020, the Company reclassified $66,376 of mezzanine equity common stock, with an offset of $66,375 to Additional paid-in capital and $1 to Common stock as a result of the IPO triggering permanent equity classification (see Note 2 and 4). • During the year ended December 31, 2020, the Company reclassified $30,810 of the carrying value of the earnout liability, with an offset of $19,430 as a component of Non-controlling interests and $11,380 as a component of Additional paid-in capital (see Note 2). • During the year ended December 31, 2020, the Company converted 822 OP Units valued at $15,631 to 822 shares of common stock. (See Note 13). • During the year ended December 31, 2018, the Company issued 776 OP Units in exchange for property contributed in UPREIT transactions valued at $15,797. There were no UPREIT transactions during the years ended December 31, 2020 and 2019 (see Note 13). • During the year ended December 31, 2018, the Corporation cancelled 37 shares of common stock with a value of $748 that were pledged as collateral by a tenant. The cancellation of the shares was used to settle $748 in outstanding receivables associated with the tenant. • At December 31, 2020, 2019, and 2018, dividend amounts declared and accrued but not yet paid amounted to $39,252, $12,162, and $10,111, respectively. • At December 31, 2020, 2019, and 2018, the Company adjusted the carrying value of Non-controlling interests to reflect their share of the book value of the OP by $(41,199), $5,816, and $1,510, respectively, with the reallocation recorded as an offset to Additional paid-in capital (see Note 2). • During the year ended December 31, 2020, the Company executed lease modifications that resulted in the lease classification changing from direct financing lease to operating lease for five properties. At the modification date, the net investment in the original lease, and therefore the carrying value of the assets recognized, amounted to $10,838. • Upon adoption of ASC 326 on January 1, 2020, described in Note 2, the Company recorded a transition adjustment to record a provision for credit losses associated with its net investment in direct financing leases of $323, with an equal amount recorded as a reduction in retained earnings. The provision for credit losses is included as a component of Investment in rental property, net accounted for using the direct financing method on the Consolidated Balance Sheets. • Upon adoption of ASC 842 on January 1, 2019, the Company recorded right-of-use assets of $ 1,687 and lease liabilities of $ 1,261 associated with ground leases where it is the lessee. The right-of-use asset was recorded net of straight-line rent liability of $ 7 and ground lease intangible asset, net of $ 432 as of the date of adoption. • In connection with real estate transactions conducted during the year ended December 31, 2020, the Company accepted credits for rent in advance of $1,701 in exchange for a reduction to the cash paid to acquire the associated real estate assets. In connection with real estate transactions conducted during the year ended December 31, 2019, the Company assumed tenant improvement allowances of $2,517 in exchange for a reduction to the cash paid to acquire the associated real estate assets. The Company did not accept any tenant improvement allowances or credits for rent in advance during the year ended December 31, 2018. • In connection with real estate transactions conducted during the year ended December 31, 2018, the Company settled notes receivable in the amount of $6,527 in exchange for a reduction to the cash paid for the associated real estate assets (see Notes 5 and 9). |
Commitments and Contingencies
Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2020 | |
Commitments And Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | 20. Commitments and Contingencies Litigation From time to time, the Company is a party to various litigation matters incidental to the conduct of the Company’s business. While the resolution of such matters cannot be predicted with certainty, based on currently available information, the Company does not believe that the final outcome of any of these matters will have a material effect on its consolidated financial position, results of operations or liquidity. Property and Acquisition Related In connection with ownership and operation of real estate, the Company may potentially be liable for cost and damages related to environmental matters. The Company is not aware of any non-compliance, liability, claim, or other environmental condition that would have a material effect on its consolidated financial position, results of operations, or liquidity. Balances associated with tenant improvement allowances are included in Accounts payable and other liabilities on the Consolidated Balance Sheets as follows: December 31, (in thousands) 2020 2019 Tenant improvement allowances $ 1,981 $ 2,706 The Company is a party to three separate tax protection agreements with the contributing members of three distinct UPREIT transactions and to the Founding Owners’ Tax Protection Agreement in connection with the Internalization (see Note 3). The tax protection agreements require the Company to indemnify the beneficiaries in the event of a sale, exchange, transfer, or other disposal of the contributed property, or in the case of the Founding Owners’ Tax Protection Agreement, the entire Company, in a taxable transaction that would cause such beneficiaries to recognize a gain that is protected under the agreements, subject to certain exceptions. The Company is required to allocate an amount of nonrecourse liabilities to each beneficiary that is at least equal to the Minimum Liability Amount, as contained in the agreements. The minimum liability amount and the associated allocation of nonrecourse liabilities are calculated in accordance with applicable tax regulations, are completed at the OP level, and do not represent GAAP accounting. Therefore, there is no impact to the Consolidated Financial Statements. Based on values as of December 31, 2020, taxable sales of the applicable properties would trigger liability under the Agreements of approximately $22,300. Based on information available, the Company does not believe that the events resulting in damages as detailed above have occurred or are likely to occur in the foreseeable future. Obligations Under Operating Leases Subsequent to the Internalization (see Note 4), the Company leases office space for its corporate headquarters and other locations under non-cancellable operating leases with expiration dates ranging from 2021 to 2023. These leases contain provisions for fixed monthly payments, subject to rent escalations. None of the leases are subject to any sublease agreement. The lease for the corporate headquarters is with a related party (see Note 3). The Company also leases land at certain properties under non-cancellable operating leases (“ground leases”) with initial lease terms ranging from 2034 to 2066. These leases contain provisions for fixed monthly payments, subject to rent escalations. One lease requires the Company to make annual rent payments calculated based upon sales generated at the property (“percentage rent”). None of the leases are subject to any sublease agreement. The following table summarizes the total lease costs associated with operating leases: For the Year Ended December 31, (in thousands) Financial Statement Presentation 2020 2019 2018 Operating lease costs Office leases General and administrative $ 517 $ — $ — Ground leases Property and operating expense 133 139 59 Variable lease costs Ground leases Property and operating expense 61 46 23 Total lease costs $ 711 $ 185 $ 82 The following table summarizes payments associated with obligations under operating leases, reported as Cash flows from operating activities on the accompanying Consolidated Statements of Cash Flows: For the Year Ended December 31, (in thousands) 2020 2019 2018 Operating lease payments $ 666 $ 158 $ 52 Estimated future lease payments required under non-cancelable operating leases at December 31, 2020, and a reconciliation to the lease liabilities, is as follows: (in thousands) 2021 $ 719 2022 686 2023 505 2024 120 2025 121 Thereafter 2,290 Total undiscounted cash flows 4,441 Less imputed interest (1,782 ) Lease liabilities $ 2,659 The above rental payments include future minimum lease payments due during the initial lease terms. Such amounts exclude any contingent amounts associated with percentage rent that may become due in future periods. |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2020 | |
Subsequent Events [Abstract] | |
Subsequent Events | 21. Subsequent Events On January 15, 2021, the Company paid distributions totaling $39,252. On February 19, 2021, the Board of Directors declared a quarterly distribution of $0.25 per share on the Company’s common stock and OP Units for the first quarter of 2021, which will be payable on or before April 15, 2021 to stockholders and unit holders of record as of March 31, 2021. Subsequent to December 31, 2020, the Company continued to expand its operations through the acquisition of additional rental property and associated intangible assets and liabilities. The Company acquired approximately $4,843 of rental property and associated intangible assets and liabilities. Through February 25, 2021 the Company sold three properties with an aggregate carrying value of approximately $4,529 for total proceeds of $6,710. The Company incurred additional expenses related to the sales of approximately $312, resulting in a gain on sale of real estate of approximately $1,869. |
Selected Quarterly Results (una
Selected Quarterly Results (unaudited) | 12 Months Ended |
Dec. 31, 2020 | |
Quarterly Financial Data [Abstract] | |
Selected Quarterly Results (unaudited) | 22. Selected Quarterly Results (unaudited) Presented below is a summary of the Company’s unaudited quarterly financial information for the years ended December 31, 2020 and 2019. Amounts have been updated to reflect the Company’s four-for-one stock split on September 18, 2020. For the Quarter Ended (in thousands, except per share) March 31, 2020 June 30, 2020 September 30, 2020 December 2020 Lease revenues $ 78,231 $ 80,371 $ 80,744 $ 82,291 Net income $ 11,848 $ 17,098 $ 9,711 $ 17,619 Net income attributable to non-controlling interests (1,032 ) (1,745 ) (961 ) (1,357 ) Net income attributable to Broadstone Net Lease, Inc. $ 10,816 $ 15,353 $ 8,750 $ 16,262 Net earnings per share attributable to common stockholders basic and diluted $ 0.10 $ 0.14 $ 0.08 $ 0.11 Weighted average number of common shares outstanding Basic 106,108 107,422 111,155 143,916 Diluted 116,210 119,648 123,381 155,956 For the Quarter Ended (in thousands, except per share) March 31, 2019 June 30, 2019 September 30, 2019 December 2019 Lease revenues $ 68,430 $ 69,053 $ 76,401 $ 84,931 Net income $ 15,022 $ 17,342 $ 25,038 $ 27,712 Net income attributable to non-controlling interests (1,084 ) (1,208 ) (1,650 ) (1,778 ) Net income attributable to Broadstone Net Lease, Inc. $ 13,938 $ 16,134 $ 23,388 $ 25,934 Net earnings per share attributable to common stockholders basic and diluted $ 0.16 $ 0.17 $ 0.24 $ 0.25 Weighted average number of common shares outstanding Basic 89,340 92,818 98,568 102,941 Diluted 96,288 99,766 105,516 109,889 |
COVID-19 Pandemic
COVID-19 Pandemic | 12 Months Ended |
Dec. 31, 2020 | |
Extraordinary And Unusual Items [Abstract] | |
COVID-19 Pandemic | 23. COVID-19 Pandemic Since its discovery in December 2019, a novel strain of coronavirus, which causes the viral disease known as COVID-19, has spread throughout most countries of the world, including the United States. The outbreak has been declared a pandemic by the World Health Organization, and the United States Secretary of Health and Human Services has declared a public health emergency in the United States. In response to the COVID-19 pandemic, many local, state and federal governments instituted “stay at home” or “shelter in place” restrictions, for various periods of time throughout the year on the types of businesses that may continue to operate, which resulted in closure of many businesses deemed to be non-essential. Many of the Company’s tenants, in particular those who operate in the retail and restaurant industries, depend on in-person interactions with customers to generate unit-level profitability, and have been negatively impacted by the pandemic, as have businesses who supply products and services to these industries. As a result, during the second quarter of 2020, the Company received a number of requests for rent relief and ultimately granted relief to 15 tenants. For all but one of the 15 tenants granted relief, the Company granted relief in the form of a partial rent deferral. At December 31, 2020, all deferral periods have ended, and the balance of rent deferrals was less than $1,000. For the remaining tenant, the Company agreed to a partial abatement of rent, which ended subsequent to year-end in January 2021. For partial rent deferrals expected to be repaid within a short period of time where the deferral of payments made no substantive changes to the total consideration in the original lease agreement, the amount of straight-line lease revenue recognized in the financial statements was not impacted. Deferred rents due under the agreements are recorded as Tenant and other receivables, net in the Consolidated Balance Sheets. In certain circumstances, as part of the deferral agreements, the Company negotiated lease extensions or the early exercise of tenant renewal options, resulting in cash flows under the agreements being substantially in excess of the original lease terms. The Company evaluated these agreements on a lease by lease basis, and accounted for the relief under the modification framework of ASC 842, resulting in adjustments to the amount of straight-line lease revenue that will be recorded prospectively. The Company also accounted for the partial abatement under the lease modification framework of ASC 842. As of and for the year ended December 31, 2020, the impact of the COVID-19 pandemic on the Company’s financial condition, and results of operations has been limited to effects of the grants of rent relief discussed above. The full extent of the pandemic on the Company’s future financial conditions, results of operations, liquidity, and ability to pay distributions will ultimately depend on certain developments, including the duration and spread of the outbreak and its impact on the Company’s tenants, all of which are uncertain and cannot be predicted. |
Schedule III - Real Estate Asse
Schedule III - Real Estate Assets and Accumulated Depreciation | 12 Months Ended |
Dec. 31, 2020 | |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |
Schedule III - Real Estate Assets and Accumulated Depreciation | Broadstone Net Lease, Inc. and Subsidiaries Schedule III – Real Estate Assets and Accumulated Depreciation As of December 31, 2020 (in thousands) Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Industrial Properties: Tacoma WA $ — $1,634 $4,902 $ — $ — $1,634 $4,902 $6,536 $1,581 1977 2011 15-39 New Haven IN — 445 2,521 — — 445 2,521 2,966 951 1960 2011 15-39 Raleigh NC — 2,034 8,137 — — 2,034 8,137 10,171 2,264 1999 2012 15-39 Eureka MO — 2,328 9,311 — — 2,328 9,311 11,639 3,538 1990 2012 15-39 Durham NC 10,469 3,000 17,531 — — 3,000 17,531 20,531 5,192 2009 2012 15-39 Kilgore TX — 160 908 — — 160 908 1,068 334 2008 2012 15-39 American Canyon CA 7,039 2,378 26,142 — — 2,378 26,142 28,520 6,870 2002 2012 15-39 Huber Heights OH — 583 1,748 — — 583 1,748 2,331 644 1985 2012 15-39 Eastlake OH — 854 2,562 — — 854 2,562 3,416 807 1981 2012 15-39 Union Grove WI — 239 957 — — 239 957 1,196 222 1993 2012 15-39 Union Grove WI — 347 1,386 — — 347 1,386 1,733 309 1979 2012 15-39 Rock Hill SC — 796 3,185 — 72 796 3,257 4,053 1,021 1999 2012 15-39 Union Grove WI — 427 3,413 — — 427 3,413 3,840 663 2014 2015 15-39 Oshkosh WI — 456 869 — — 456 869 1,325 191 2007 2015 15-39 Hoffman Estates IL — 12,253 23,456 — — 12,253 23,456 35,709 6,186 1988 2013 15-39 White Marsh MD — 3,223 200 — — 3,223 200 3,423 65 1986 2013 15-39 Manassas VA — 1,187 197 — — 1,187 197 1,384 54 1986 2013 15-39 Morrisville NC — 235 46 — — 235 46 281 16 1960 2013 15-39 Aston PA — 2,554 126 — — 2,554 126 2,680 39 1984 2013 15-39 Cincinnati OH — 1,001 173 — — 1,001 173 1,174 65 1976 2013 15-39 Columbus OH — 757 77 — — 757 77 834 24 1981 2013 15-39 Windsor CT — 1,887 204 — — 1,887 204 2,091 77 1986 2013 15-39 Pittsburgh PA — 1,691 244 — — 1,691 244 1,935 78 1989 2013 15-39 Norton Shores MI — 198 2,932 — 393 198 3,325 3,523 582 2002 2014 15-39 Muskegon MI — 168 2,751 — 13 168 2,764 2,932 651 1985 2013 15-39 Muskegon MI — 454 6,889 — 706 454 7,595 8,049 1,664 2012 2013 15-39 Muskegon MI — 463 2,512 — 23 463 2,535 2,998 644 1978 2013 15-39 Muskegon MI — 257 655 — 383 257 1,038 1,295 181 2005 2013 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Greenwich CT — 16,898 959 — — 16,898 959 17,857 240 1967 2014 15-39 Elgin IL — 4,339 17,458 — — 4,339 17,458 21,797 3,441 2009 2014 15-39 Shakopee MN — 3,962 21,296 — — 3,962 21,296 25,258 4,399 2014 2014 15-39 Houston TX — 1,242 2,698 — — 1,242 2,698 3,940 687 1972 2014 15-39 Winona MN — 1,653 7,694 — — 1,653 7,694 9,347 1,366 2008 2014 15-39 Winona MN — 804 4,412 — — 804 4,412 5,216 764 2008 2014 15-39 Mt. Pleasant TX — 1,785 5,540 — — 1,785 5,540 7,325 1,094 1994 2014 15-39 Madill OK — 1,395 5,796 — — 1,395 5,796 7,191 1,094 1999 2014 15-39 Madill OK — 2,657 1,566 — 1,001 2,657 2,567 5,224 393 1972 2014 15-39 Madill OK — 621 1,759 — — 621 1,759 2,380 333 1977 2014 15-39 Willis Point TX — 3,102 2,420 — — 3,102 2,420 5,522 564 2003 / 2008 2014 15-39 Fitzgerald GA — 1,939 3,316 — — 1,939 3,316 5,255 709 1997 2014 15-39 Cordele GA — 2,705 3,786 — — 2,705 3,786 6,491 702 2000 2014 15-39 Kingston OK — 1,857 1,692 — — 1,857 1,692 3,549 375 2013 2014 15-39 Odessa TX — 529 3,327 — — 529 3,327 3,856 635 2012 2015 15-39 Columbia MD — 667 9,220 — — 667 9,220 9,887 1,578 1984 2015 15-39 Menomonee Falls WI — 1,378 18,557 — — 1,378 18,557 19,935 3,043 2001 2015 15-39 Elk River MN — 763 4,937 — — 763 4,937 5,700 959 2008 2015 15-39 Sanford FL — 2,075 7,600 — — 2,075 7,600 9,675 1,321 2002 2015 15-39 Columbus GA — 615 9,942 — — 615 9,942 10,557 1,516 1907 2015 15-39 Ephrata PA — 531 6,995 — — 531 6,995 7,526 1,584 2000 2015 15-39 Greer SC — 607 2,502 — — 607 2,502 3,109 472 1978 2015 15-39 Joplin MO — 831 9,600 — — 831 9,600 10,431 1,593 1993 2015 15-39 Katy TX — 1,493 3,883 — — 1,493 3,883 5,376 718 1996 2015 15-39 Kinston NC — 1,017 10,418 — 43 1,017 10,461 11,478 1,757 1979 2015 15-39 Euless TX — 1,487 3,051 — — 1,487 3,051 4,538 537 1991 2015 15-39 Jacksonville TX — 1,221 3,316 — — 1,221 3,316 4,537 531 1974 2015 15-39 Lima OH — 656 21,645 — — 656 21,645 22,301 3,185 2009 2015 15-39 Portage IN — 1,181 13,130 — 13 1,181 13,143 14,324 2,333 2001 2016 15-39 Milpitas CA — 1,478 8,164 — — 1,478 8,164 9,642 973 1982 2016 15-39 St. Cloud MN — 565 20,420 — — 565 20,420 20,985 2,699 1999 2016 15-39 New Kensington PA — 907 13,058 — — 907 13,058 13,965 1,510 2015 2016 15-39 Denver CO — 1,105 8,077 — 2,000 1,105 10,077 11,182 1,071 1975 2017 15-39 Denver CO — 252 1,658 — — 252 1,658 1,910 167 1977 2017 15-39 Germantown WI — 612 2,062 — — 612 2,062 2,674 208 1989 2017 15-39 Germantown WI — 575 2,086 — — 575 2,086 2,661 207 2000 2017 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Cary NC — 877 3,295 — — 877 3,295 4,172 130 1982 2019 15-39 Green Bay WI — 406 7,032 — — 406 7,032 7,438 705 1989 2017 15-39 Two Rivers WI — 445 1,885 — 1,750 445 3,635 4,080 331 1994 2017 15-39 Little Chute WI — 342 52,744 — 68 342 52,812 53,154 5,204 2017 2017 7-39 Las Vegas NV — 3,034 11,857 — — 3,034 11,857 14,891 1,042 2015 2017 15-39 Walker LA — 4,646 30,310 — — 4,646 30,310 34,956 2,891 2017 2017 15-39 Saxonburg PA — 1,048 7,545 — 1 1,048 7,546 8,594 761 2008 2017 15-39 Butler PA — 1,885 6,294 — — 1,885 6,294 8,179 679 1990 2017 15-39 Story City IA — 5,700 13,916 — 28 5,700 13,944 19,644 1,386 1997 2017 15-39 San Jose CA — 9,489 18,617 — 1,358 9,489 19,975 29,464 1,937 1983 2017 15-39 Taunton MA — 3,157 16,851 — — 3,157 16,851 20,008 1,527 1987 2018 15-39 Knoxville TN — 447 4,276 — — 447 4,276 4,723 316 1977 2018 15-39 Elk Grove Village IL — 2,014 3,686 — — 2,014 3,686 5,700 301 2014 2018 15-39 Elgin IL — 3,265 4,947 — — 3,265 4,947 8,212 451 1981 2018 15-39 Lordstown OH — 1,028 36,068 — — 1,028 36,068 37,096 2,534 2012 2018 15-39 Perth Amboy NJ 19,947 5,622 35,420 — — 5,622 35,420 41,042 2,353 1933 2018 15-39 Indianapolis IN — 840 8,395 — — 840 8,395 9,235 622 1972 2018 15-39 Hazelwood MO — 2,936 7,565 — — 2,936 7,565 10,501 563 1966 2018 15-39 Fridley MN — 273 1,986 — — 273 1,986 2,259 148 1973 2018 15-39 Burnsville MN — 207 2,209 — — 207 2,209 2,416 162 1973 2018 15-39 North Canton OH — 338 8,263 — — 338 8,263 8,601 543 1988 2018 15-39 Madison MS — 3,348 11,997 — — 3,348 11,997 15,345 750 2003 2018 15-39 Novi MI — 872 8,274 — 4 872 8,278 9,150 485 2018 2018 15-39 Evansville IN — 253 9,601 — — 253 9,601 9,854 474 1932 2019 15-39 Greenfield IN — 2,828 19,367 — 3,680 2,828 23,047 25,875 1,781 2018 2019 15-39 Beverly MA 47,945 3,241 65,532 — — 3,241 65,532 68,773 3,110 1984 2019 15-39 Liverpool NY — 374 6,032 — — 374 6,032 6,406 279 1985 2019 15-39 Liverpool NY — 381 3,527 — — 381 3,527 3,908 168 2001 2019 15-39 Green Bay WI — 528 9,785 — — 528 9,785 10,313 381 2000 2019 15-39 Dallas TX — 3,854 34,818 — — 3,854 34,818 38,672 1,334 2003 / 2017 2019 15-39 Plano TX — 6,456 37,093 — — 6,456 37,093 43,549 1,351 1983 / 1986 / 2016 2019 15-39 Lecompton KS — 413 33,211 — — 413 33,211 33,624 1,273 2012 2019 15-39 Abbotsford BC — 25,372 33,408 — — 25,372 33,408 58,780 1,224 2000 2019 15-39 Streamwood IL — 4,705 49,348 — — 4,705 49,348 54,053 1,823 1974 / 1985 / 1994 / 2012 2019 15-39 Hoffman Estates IL — 10,107 23,781 — — 10,107 23,781 33,888 881 1976 / 1998 2019 15-39 Savage MD — 4,226 20,582 — 700 4,226 21,282 25,508 816 1985 2019 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Irving TX — 11,411 10,788 — — 11,411 10,788 22,199 433 1970 / 1980 2019 15-39 Sherman TX — 1,023 19,151 — — 1,023 19,151 20,174 787 1979 / 1992 2019 15-39 Phoenix AZ — 5,687 49,618 — — 5,687 49,618 55,305 1,869 1988 2019 15-39 Chandler AZ — 5,858 27,312 — — 5,858 27,312 33,170 1,006 2008 2019 15-39 Prescott AZ — 663 1,988 — — 663 1,988 2,651 77 2003 2019 15-39 Forest Park OH — 1,874 26,145 — — 1,874 26,145 28,019 953 2001 2019 15-39 Omaha NE — 1,279 16,158 — — 1,279 16,158 17,437 592 1965 2019 15-39 Villa Rica GA — 1,525 9,924 — — 1,525 9,924 11,449 361 1998 2019 15-39 Ogden UT — 1,944 11,882 — — 1,944 11,882 13,826 465 1989 / 2009 2019 15-39 Woodland Hills CA — 30,453 19,080 — — 30,453 19,080 49,533 710 1973 / 1983 / 2003 2019 15-39 Visalia CA — 1,630 23,196 — — 1,630 23,196 24,826 856 1985 / 1993 / 1997 2019 15-39 Plymouth IN — 270 10,792 — — 270 10,792 11,062 413 1985 / 1997 2019 15-39 Edison NJ — 5,664 13,793 — — 5,664 13,793 19,457 529 1982 2019 15-39 Enid OK — 1,145 32,075 — — 1,145 32,075 33,220 1,170 1997 / 2002 / 2006 2019 15-39 Fresno CA — 2,971 37,364 — — 2,971 37,364 40,335 1,562 1972 / 1993 2019 15-39 Cedar Falls IA — 1,239 10,403 — — 1,239 10,403 11,642 419 2019 2019 15-39 Gainesville GA — 750 5,373 — 5,137 750 10,510 11,260 168 1998/2020 2019 15-39 Lexington NC — 2,155 3,002 — — 2,155 3,002 5,157 4 2017 2020 15-39 Clayton NC — 733 2,850 — — 733 2,850 3,583 4 2006 2020 15-39 Grimesland NC — 538 978 — — 538 978 1,516 1 1997 / 2001 2020 15-39 Columbia SC — 380 1,339 — — 380 1,339 1,719 2 2006 2020 15-39 Summerville SC — 1,570 — — — 1,570 — 1,570 — 2001 2020 15-39 Apopka FL — 944 985 — — 944 985 1,929 2 1995 2020 15-39 Fort Pierce FL — 305 1,602 — — 305 1,602 1,907 2 1968 2020 15-39 Houston TX — 3,300 4,397 — — 3,300 4,397 7,697 5 1967 / 1995 / 2017 / 2020 2020 15-39 Cold Spring MN — — 32,247 — — — 32,247 32,247 36 2020 2020 15-39 Langhorne PA — 2,204 5,323 — — 2,204 5,323 7,527 6 1980 / 1997 / 2016 2020 15-39 Healthcare Properties: Houston TX — 598 3,388 — — 598 3,388 3,986 1,147 1980 2008 15-39 Machesney Park IL — 218 1,237 — — 218 1,237 1,455 483 1996 2008 15-39 Memphis TN — 530 2,722 — — 530 2,722 3,252 975 1993 2009 15-39 Greece NY — 1,391 30,442 — 2,823 1,391 33,265 34,656 9,226 2011 2010 7-39 Tampa FL — 580 3,304 — — 580 3,304 3,884 960 2002 2011 15-39 Tampa FL — 790 4,021 — — 790 4,021 4,811 1,133 1985 2011 15-39 Wesley Chapel FL — 340 2,862 — — 340 2,862 3,202 815 2008 2011 15-39 Brandon FL — 292 1,961 — — 292 1,961 2,253 552 1998 2011 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Knoxville TN — 744 2,246 — — 744 2,246 2,990 727 1975 2011 15-39 McAlester OK — 413 1,669 — — 413 1,669 2,082 399 2012 2012 15-39 Melbourne FL — 3,320 13,281 — — 3,320 13,281 16,601 3,303 1993 2012 15-39 Melbourne FL — 809 3,235 — — 809 3,235 4,044 899 1998 2012 15-39 Sarasota FL — 752 3,969 — 335 752 4,304 5,056 934 2002 2013 15-39 Englewood FL — 207 679 — — 207 679 886 156 1985 2013 15-39 Brookfield WI — 338 4,603 — — 338 4,603 4,941 1,040 2005 2013 15-39 Waukesha WI — 302 11,218 — — 302 11,218 11,520 2,337 2005 2013 15-39 Plainfield IL — 128 7,843 702 1,489 830 9,332 10,162 1,799 2012 2013 15-39 Greenfield WI — 212 7,163 — — 212 7,163 7,375 1,487 2011 2013 15-39 Brookfield WI — 331 7,542 — — 331 7,542 7,873 1,618 2008 2013 15-39 Goodyear AZ — 558 3,529 — — 558 3,529 4,087 743 2013 2013 15-39 Richmond VA — 348 2,986 — — 348 2,986 3,334 584 2011 2013 15-39 Montgomery AL — 94 1,303 — — 94 1,303 1,397 297 2013 2013 15-39 Kingwood TX — 253 5,236 — — 253 5,236 5,489 919 2009 2014 15-39 Lubbock TX — 1,616 6,195 — 135 1,616 6,330 7,946 1,117 2001 2014 15-39 Russellville AR — 1,232 4,752 — — 1,232 4,752 5,984 969 2010 2014 15-39 Little Rock AR — 1,866 5,294 — — 1,866 5,294 7,160 1,109 2012 2014 15-39 Conway AR — 1,522 3,579 — 5,624 1,522 9,203 10,725 1,328 2007 2014 15-39 Hudsonville MI — 199 3,631 — — 199 3,631 3,830 584 2007 2015 15-39 Franklin TN — 766 3,728 — — 766 3,728 4,494 684 2005 2015 15-39 Elk Grove Village IL — 252 2,933 — — 252 2,933 3,185 475 1985 2015 15-39 Virginia Beach VA — 827 3,310 — — 827 3,310 4,137 461 2008 2016 15-39 Tampa FL — 42 6,945 — — 42 6,945 6,987 735 1999 2016 39 Tampa FL — 8 732 — — 8 732 740 77 1999 2016 39 Tampa FL — 33 2,094 — — 33 2,094 2,127 221 2013 2016 39 Houston TX — 405 2,586 — — 405 2,586 2,991 294 2002 2016 15-39 Mt. Dora FL — 1,338 4,788 — — 1,338 4,788 6,126 747 1988 2015 15-39 Mt. Dora FL — 477 691 — — 477 691 1,168 142 1987 2015 15-39 Summerfield FL — 295 2,146 — — 295 2,146 2,441 336 2000 2015 15-39 Summerfield FL — 362 2,632 — — 362 2,632 2,994 412 2008 2015 15-39 Leesburg FL — 402 1,869 — — 402 1,869 2,271 312 1994 2015 15-39 Tempe AZ — 1,181 14,580 — — 1,181 14,580 15,761 2,372 2006 2015 15-39 Lincoln NE — 1,300 13,163 — — 1,300 13,163 14,463 2,046 1973 2015 15-39 North Little Rock AR — 532 51,843 — — 532 51,843 52,375 7,202 2005 2015 15-39 Worthington OH — 264 12,053 — — 264 12,053 12,317 1,546 1979 2016 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Carmel IN — 243 3,519 — — 243 3,519 3,762 604 2006 2016 15-39 Copley OH — 104 6,359 — — 104 6,359 6,463 602 1996 2017 15-39 Cleveland OH — 323 2,744 — — 323 2,744 3,067 285 2007 2017 15-39 Girard OH — 75 1,107 — — 75 1,107 1,182 137 2003 2017 15-39 Moraine (Dayton) OH — 336 3,654 — 2 336 3,656 3,992 354 2017 2017 15-39 Commerce Township MI — 412 1,935 — 2 412 1,937 2,349 209 2007 2017 15-39 Modesto CA — 689 19,200 — — 689 19,200 19,889 2,258 1984 2016 15-39 Modesto CA — 300 4,273 — — 300 4,273 4,573 525 1984 2016 15-39 Clinton Township MI — 396 6,694 — 35 396 6,729 7,125 733 2016 2017 15-39 Westland MI — 394 6,106 — 29 394 6,135 6,529 640 1994 2017 15-39 Lenoir NC — 150 3,622 — — 150 3,622 3,772 372 2010 2017 15-39 Morganton NC — 164 3,010 — — 164 3,010 3,174 313 2000 2017 15-39 Rutherford College NC — 130 2,692 — — 130 2,692 2,822 280 2007 2017 15-39 Hickory NC — 473 4,991 — — 473 4,991 5,464 545 2000 2017 15-39 Newton NC — 195 1,085 — — 195 1,085 1,280 125 1994 2017 15-39 Newton NC — 101 458 — — 101 458 559 50 1998 2017 15-39 Wilson NC — 547 6,214 — 51 547 6,265 6,812 656 1993 2017 15-39 Overland Park KS — 456 3,789 — — 456 3,789 4,245 360 2006 2017 15-39 Overland Park KS — 205 8,045 — — 205 8,045 8,250 705 2016 2017 15-39 Overland Park KS — 571 3,715 — — 571 3,715 4,286 425 1965 2017 15-39 Crestview Hills KY 4,769 192 8,342 — — 192 8,342 8,534 739 2005 2017 15-39 Mesa AZ — 785 5,034 — — 785 5,034 5,819 450 1998 2017 15-39 Albuquerque NM — 987 11,357 — 34 987 11,391 12,378 961 1996 2017 15-39 Indianapolis IN — 1,086 18,551 — 1,212 1,086 19,763 20,849 1,848 1995 2017 15-39 Pittsburg KS — 103 2,264 — — 103 2,264 2,367 195 2016 2017 15-39 Prairieville LA — 369 3,275 — — 369 3,275 3,644 285 2016 2017 15-39 Charlotte NC — 825 4,969 — 14 825 4,983 5,808 420 1989 2017 15-39 Tulsa OK — 734 3,143 — — 734 3,143 3,877 270 2016 2017 15-39 Rhinelander WI — 55 1,689 — — 55 1,689 1,744 154 2013 2017 15-39 Charlotte NC — 534 1,101 — — 534 1,101 1,635 119 1999 2017 15-39 Tampa FL — 3,954 10,732 — — 3,954 10,732 14,686 824 1984 2018 15-39 Zionsville IN — 591 4,243 — — 591 4,243 4,834 270 2016 2018 15-39 Noblesville IN — — 6,216 — — — 6,216 6,216 352 2017 2018 15-39 Spencer IN — 268 4,048 — — 268 4,048 4,316 244 2018 2019 15-39 Indianapolis IN — 578 3,966 — — 578 3,966 4,544 14 2003 2020 15-39 Warren MI — 110 1,604 — 1 110 1,605 1,715 98 1998 2018 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Tullahoma TN — 114 3,674 — — 114 3,674 3,788 232 2003 2018 15-39 Brandon FL — 475 2,438 — (1) 475 2,437 2,912 142 2008 2018 15-39 Atlanta GA — 2,397 12,271 — — 2,397 12,271 14,668 685 1999 2018 15-39 Northfield IL — 548 4,184 — (1) 548 4,183 4,731 222 1964 2018 15-39 Ann Arbor MI — 209 562 — (1) 209 561 770 38 1954 2018 15-39 Southfield MI — 1,013 14,967 — — 1,013 14,967 15,980 809 2004 2018 15-39 Clearwater FL — 819 961 — (1) 819 960 1,779 57 1977 2018 15-39 Arlington TX — 1,931 15,873 — 3 1,931 15,876 17,807 890 2015 2018 15-39 Naperville IL — 711 5,349 — — 711 5,349 6,060 307 2005 2018 15-39 Yorkville IL — 234 4,003 — 1 234 4,004 4,238 221 2000 2018 15-39 Yorkville IL — 260 1,944 — — 260 1,944 2,204 116 2006 2018 15-39 Sycamore IL — 152 3,621 — — 152 3,621 3,773 216 1999 2018 15-39 Sycamore IL — 13 282 — — 13 282 295 15 1999 2018 15-39 Sandwich IL — 315 4,876 — — 315 4,876 5,191 298 1995 2018 15-39 Olympia Fields IL — 565 5,698 — 1 565 5,699 6,264 334 2007 2018 15-39 Shelby NC — 124 2,217 — 16 124 2,233 2,357 122 2006 2018 15-39 Lacey WA — 2,441 15,769 — (25) 2,441 15,744 18,185 876 2004 2018 15-39 Aberdeen WA — 899 4,482 — — 899 4,482 5,381 256 2007 2018 15-39 Bremerton WA — 140 3,154 — 1 140 3,155 3,295 174 1999 2018 15-39 Spartanburg SC — 251 3,821 — 1 251 3,822 4,073 230 2006 2018 15-39 Newport News VA — 831 3,977 — 13 831 3,990 4,821 236 2004 2018 15-39 Newport News VA — 587 3,466 — — 587 3,466 4,053 199 2006 2018 15-39 Hanover PA — 80 3,752 — — 80 3,752 3,832 210 2003 2018 15-39 Roanoke VA — 267 3,027 — 1 267 3,028 3,295 169 1990 2018 15-39 Wayland MI — 373 2,592 — — 373 2,592 2,965 153 1999 2018 15-39 Johnson City NY — 357 4,934 — 1 357 4,935 5,292 268 1970 2018 15-39 Bradenton FL — 547 5,055 — 2 547 5,057 5,604 293 1984 2018 15-39 Bradenton FL — 292 2,085 — — 292 2,085 2,377 121 1982 2018 15-39 Bradenton FL — 112 1,167 — — 112 1,167 1,279 66 1982 2018 15-39 Bradenton FL — 274 1,589 — — 274 1,589 1,863 93 1995 2018 15-39 Ruskin FL — 203 1,526 — — 203 1,526 1,729 85 2004 2018 15-39 Hibbing MN — 799 3,176 — — 799 3,176 3,975 135 1999 2019 15-39 Duluth MN — 241 2,195 — 17 241 2,212 2,453 84 2003 2019 15-39 Minot ND — 1,152 8,796 — — 1,152 8,796 9,948 343 2011 2019 15-39 Billings MT — 702 4,368 — — 702 4,368 5,070 173 2001 2019 15-39 Missoula MT — 1,395 3,870 — — 1,395 3,870 5,265 152 2001 2019 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) New Orleans LA — 1,804 3,461 — — 1,804 3,461 5,265 115 2013 2019 15-39 Restaurant Properties: Jacksonville FL — 223 1,262 — — 223 1,262 1,485 580 1987 2007 15-39 Katy TX — 500 648 — — 500 648 1,148 244 1995 2009 15-39 La Porte TX — 250 1,151 — — 250 1,151 1,401 415 1996 2009 15-39 Rowlett TX — 350 776 — — 350 776 1,126 299 1997 2009 15-39 Norman OK — 280 1,049 — — 280 1,049 1,329 348 1991 2009 15-39 Oklahoma City OK — 540 517 — — 540 517 1,057 225 2001 2009 15-39 Ashland City TN — 59 973 — — 59 973 1,032 119 1992 2016 15-39 Cadiz KY — 77 1,048 — — 77 1,048 1,125 132 1992 2016 15-39 Centerville TN — 68 965 — — 68 965 1,033 127 2006 2016 15-39 Kingston Springs TN — 92 978 — — 92 978 1,070 133 1998 2016 15-39 Mount Juliet TN — 76 995 — — 76 995 1,071 128 1994 2016 15-39 White House TN — 105 927 — — 105 927 1,032 128 2003 2016 15-39 Mountain Home AR — 338 1,016 — — 338 1,016 1,354 335 1988 2010 15-39 Batesville AR — 214 1,055 — — 214 1,055 1,269 364 1988 2010 15-39 Paragould AR — 187 1,444 — — 187 1,444 1,631 435 1990 2010 15-39 Forrest City AR — 84 941 — — 84 941 1,025 326 1989 2010 15-39 Dyersburg TN — 276 1,250 — — 276 1,250 1,526 393 1989 2010 15-39 Martin TN — 152 858 — — 152 858 1,010 301 1999 2010 15-39 Union City TN — 72 806 — — 72 806 878 270 1988 2010 15-39 Mankato MN — 712 2,136 — — 712 2,136 2,848 625 1994 2011 15-39 Saint Paul MN — 606 1,817 — — 606 1,817 2,423 562 1994 2011 15-39 Jackson TN — 204 1,154 — — 204 1,154 1,358 324 1999 2011 15-39 Henderson TN — 141 800 — — 141 800 941 216 1986 2012 15-39 Lexington TN — 150 848 — — 150 848 998 231 1995 2012 15-39 Humboldt TN — 118 669 — — 118 669 787 202 1993 2012 15-39 Cocoa Beach FL — 283 848 — — 283 848 1,131 224 1992 2012 15-39 Lake Mary FL — 422 1,265 — — 422 1,265 1,687 313 1989 2012 15-39 New Smyrna Beach FL — 382 1,146 — — 382 1,146 1,528 353 2008 2012 15-39 Orlando FL — 351 1,052 — — 351 1,052 1,403 275 1990 2012 15-39 Orlando FL — 219 656 — — 219 656 875 198 1996 2012 15-39 Savannah GA — 390 1,170 — — 390 1,170 1,560 311 2009 2012 15-39 Savannah GA — 376 1,129 — — 376 1,129 1,505 292 2009 2012 15-39 Hinesville GA — 402 1,207 — — 402 1,207 1,609 338 2008 2012 15-39 Princeton WV — 269 1,524 — — 269 1,524 1,793 375 1976 2012 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Princeton WV — 301 1,703 — — 301 1,703 2,004 416 1991 2012 15-39 Marietta OH — 246 1,395 — — 246 1,395 1,641 333 2007 2012 15-39 Pomeroy OH — 208 1,178 — — 208 1,178 1,386 305 1997 2012 15-39 Elkins WV — 452 1,355 — — 452 1,355 1,807 332 1980 2012 15-39 State College PA — 365 1,461 — — 365 1,461 1,826 345 1976 2012 15-39 Summerville WV — 109 2,366 — — 109 2,366 2,475 259 1993 2017 15-39 Oxford AL — 240 958 — — 240 958 1,198 246 1999 2012 15-39 Oxford AL — 320 158 — 1,100 320 1,258 1,578 174 2009 2012 15-39 Pell City AL — 237 1,340 — — 237 1,340 1,577 316 2002 2012 15-39 Tuscaloosa AL — 449 1,796 — — 449 1,796 2,245 425 2010 2012 15-39 Jacksonville AL — 190 1,077 — — 190 1,077 1,267 267 2000 2012 15-39 Tuscaloosa AL — 422 1,686 — — 422 1,686 2,108 416 2001 2012 15-39 Tampa FL — 208 1,179 — — 208 1,179 1,387 275 1980 2012 15-39 Tampa FL — 288 1,634 — — 288 1,634 1,922 395 1987 2012 15-39 Richmond VA — 202 1,147 — — 202 1,147 1,349 282 1984 2012 15-39 Exton PA — 470 1,882 — — 470 1,882 2,352 474 1982 2012 15-39 Richmond VA — 133 755 — — 133 755 888 204 1981 2012 15-39 Paoli PA — 360 1,440 — — 360 1,440 1,800 340 1982 2012 15-39 Alamogordo NM — 22 2,117 — — 22 2,117 2,139 411 1983 2014 15-39 Roswell NM — 64 2,059 — — 64 2,059 2,123 388 1990 2014 15-39 Moore OK — 64 1,249 — — 64 1,249 1,313 253 1975 2014 15-39 Del City OK — 40 1,370 — — 40 1,370 1,410 266 1980 2014 15-39 Oklahoma City OK — 105 1,150 — — 105 1,150 1,255 221 1977 2014 15-39 Oklahoma City OK — 721 1,049 — — 721 1,049 1,770 229 2003 2014 15-39 Fort Worth TX — 487 934 — — 487 934 1,421 188 2003 2014 15-39 Kearney NE — 113 1,242 — — 113 1,242 1,355 249 1982 2014 15-39 Kearney NE — 176 1,238 — — 176 1,238 1,414 256 1991 2014 15-39 Grand Island NE — 425 — — — 425 — 425 — 1992 2014 - Ogallala NE — 291 1,243 — — 291 1,243 1,534 274 1986 2014 15-39 McAlester OK — 52 1,521 — — 52 1,521 1,573 306 2006 2014 15-39 Oklahoma City OK — 466 928 — — 466 928 1,394 164 1970 2015 15-39 Renton WA — 539 1,141 — — 539 1,141 1,680 199 1986 2015 15-39 Tacoma WA — 807 643 — — 807 643 1,450 141 1991 2015 15-39 Tacoma WA — 562 897 — — 562 897 1,459 163 1993 2015 15-39 Tukwila WA — 1,170 419 — — 1,170 419 1,589 143 1993 2015 15-39 Federal Way WA — 334 1,088 — — 334 1,088 1,422 173 1995 2015 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Lakewood WA — 1,372 878 — — 1,372 878 2,250 186 1995 2015 15-39 Burlington WA — 178 1,982 — — 178 1,982 2,160 317 2000 2015 15-39 Everett WA — 175 1,473 — — 175 1,473 1,648 254 1986 2015 15-39 Puyallup WA — 622 — — — 622 — 622 — 1994 2015 - Aberdeen WA — 218 1,446 — — 218 1,446 1,664 233 2006 2015 15-39 Florence AL — 337 2,609 — — 337 2,609 2,946 426 2011 2015 15-39 Decatur AL — 364 3,708 — — 364 3,708 4,072 597 2014 2015 15-39 Tupelo MS — 297 3,030 — — 297 3,030 3,327 477 2012 2015 15-39 Adamsville TN — 59 1,675 — — 59 1,675 1,734 260 2005 2015 15-39 Adamsville AL — 123 1,924 — — 123 1,924 2,047 313 1989 2015 15-39 Alexandria AL — 79 2,318 — — 79 2,318 2,397 351 2004 2015 15-39 Ashville AL — 124 1,696 — — 124 1,696 1,820 257 1999 2015 15-39 Athens AL — 143 1,996 — — 143 1,996 2,139 302 2007 2015 15-39 Carbon Hill AL — 54 1,634 — — 54 1,634 1,688 253 1998 2015 15-39 Carrollton GA — 77 2,030 — — 77 2,030 2,107 307 2008 2015 15-39 Centreville AL — 140 2,251 — — 140 2,251 2,391 328 2013 2015 15-39 Gadsden AL — 42 2,571 — — 42 2,571 2,613 378 1991 2015 15-39 Cullman AL — 71 1,799 — — 71 1,799 1,870 268 1997 2015 15-39 Cullman AL — 79 1,949 — — 79 1,949 2,028 303 2006 2015 15-39 Dora AL — 18 — — 2,095 18 2,095 2,113 97 1968 2015 15-39 Double Springs AL — 306 1,752 — — 306 1,752 2,058 275 1995 2015 15-39 Moulton AL — 117 1,752 — — 117 1,752 1,869 277 2003 2015 15-39 Guntersville AL — 382 2,020 — — 382 2,020 2,402 324 2015 2015 15-39 Harpersville AL — 48 2,645 — — 48 2,645 2,693 377 1995 2015 15-39 Harvest AL — 163 2,060 — — 163 2,060 2,223 318 2014 2015 15-39 Henderson TN — 111 1,608 — — 111 1,608 1,719 283 1987 2015 15-39 Madison AL — 209 1,958 — — 209 1,958 2,167 311 2011 2015 15-39 Lawrenceburg TN — 117 1,832 — — 117 1,832 1,949 352 2014 2015 15-39 Montevallo AL — 60 2,203 — — 60 2,203 2,263 332 2009 2015 15-39 Muscle Shoals AL — 44 — — 1,867 44 1,867 1,911 100 1984 2015 15-39 Odenville AL — 100 1,652 — — 100 1,652 1,752 278 2000 2015 15-39 Opelika AL — 125 1,657 — — 125 1,657 1,782 3 2011 2015 15-39 Piedmont AL — 33 1,934 — — 33 1,934 1,967 279 1981 2015 15-39 Reform AL — 201 1,979 — — 201 1,979 2,180 336 1992 2015 15-39 Roanoke AL — 83 1,625 — — 83 1,625 1,708 245 2006 2015 15-39 Savannah TN — 62 1,693 — — 62 1,693 1,755 271 2012 2015 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Sheffield AL — 43 1,730 — — 43 1,730 1,773 246 1967 2015 15-39 Somerville AL — 28 1,758 — — 28 1,758 1,786 299 2001 2015 15-39 Springville AL — 31 1,994 — — 31 1,994 2,025 288 1993 2015 15-39 Stevenson AL — 306 1,862 — — 306 1,862 2,168 278 1985 2015 15-39 Trussville AL — 34 2,039 — — 34 2,039 2,073 291 1992 2015 15-39 Tuscumbia AL — 117 1,831 — — 117 1,831 1,948 294 2004 2015 15-39 Wedowee AL — 92 1,454 — — 92 1,454 1,546 212 2002 2015 15-39 Huntsville AL — 133 2,029 — — 133 2,029 2,162 301 2010 2015 15-39 Linden AL — 382 1,252 — — 382 1,252 1,634 2 2019 2020 15-39 Pleasant Grove AL — 256 1,721 — — 256 1,721 1,977 2 2020 2020 15-39 Slocomb AL — 409 1,567 — — 409 1,567 1,976 2 2020 2020 15-39 Amory MS — 296 1,346 — — 296 1,346 1,642 2 2020 2020 15-39 Meridian MS — 381 1,434 — — 381 1,434 1,815 2 2020 2020 15-39 West Point MS — 469 1,322 — — 469 1,322 1,791 2 2020 2020 15-39 Brownsville TN — 365 1,058 — — 365 1,058 1,423 1 2019 2020 15-39 Ashwaubenon WI — 86 2,008 — — 86 2,008 2,094 305 1994 2015 15-39 Oshkosh WI — 145 1,795 — — 145 1,795 1,940 287 1996 2015 15-39 Green Bay WI — 106 1,713 — — 106 1,713 1,819 270 1996 2015 15-39 West Bend WI — 113 1,704 — — 113 1,704 1,817 267 1996 2015 15-39 Appleton WI — 95 2,478 — — 95 2,478 2,573 369 1976 2015 15-39 Manitowoc WI — 106 1,714 — — 106 1,714 1,820 273 1996 2015 15-39 Eau Claire WI — 137 2,245 — — 137 2,245 2,382 358 1994 2015 15-39 Dover DE — 211 3,455 — — 211 3,455 3,666 503 1991 2015 15-39 Norman OK — 232 3,733 — — 232 3,733 3,965 548 1982 2015 15-39 Knoxville TN — 151 2,775 — — 151 2,775 2,926 438 1978 2015 15-39 Wichita KS — 468 3,475 — — 468 3,475 3,943 510 1982 2015 15-39 Las Cruces NM — 108 4,069 — — 108 4,069 4,177 604 1991 2015 15-39 Lee's Summit MO — 132 3,447 — — 132 3,447 3,579 532 2010 2015 15-39 Indianapolis IN — 354 2,813 — — 354 2,813 3,167 61 1973 2015 15-39 Gadsden AL — 219 2,915 — — 219 2,915 3,134 436 1981 2015 15-39 Murfreesboro TN — 247 2,747 — — 247 2,747 2,994 437 1987 2015 15-39 Macon GA — 258 3,235 — — 258 3,235 3,493 471 1972 2015 15-39 Lexington KY — 1,258 2,344 — — 1,258 2,344 3,602 55 1976 2015 15-39 Joliet IL — 686 3,072 — — 686 3,072 3,758 488 1991 2015 15-39 Wheat Ridge CO — 451 3,614 — — 451 3,614 4,065 520 1974 2015 15-39 Tulsa OK — 125 3,846 — — 125 3,846 3,971 554 1987 2015 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Oakdale MN — 197 3,455 — — 197 3,455 3,652 497 2006 2015 15-39 Pineville NC — 74 3,587 — — 74 3,587 3,661 533 1991 2015 15-39 Albuquerque NM — 196 3,389 — — 196 3,389 3,585 509 2002 2015 15-39 Madison TN — 97 4,617 — — 97 4,617 4,714 600 1972 2016 15-39 Florence KY — 61 4,687 — — 61 4,687 4,748 616 1977 2016 15-39 Maplewood MN — 315 1,551 — — 315 1,551 1,866 272 1983 2016 15-39 Santa Fe NM — 121 2,979 — — 121 2,979 3,100 386 1990 2016 15-39 Memphis TN — 103 3,327 — — 103 3,327 3,430 458 2008 2016 15-39 Jonesboro AR — 324 3,383 — — 324 3,383 3,707 457 2011 2016 15-39 Lafayette IN — 285 3,436 — — 285 3,436 3,721 463 2012 2016 15-39 Bridgeport WV — 88 4,074 — — 88 4,074 4,162 566 2007 2016 15-39 Round Rock TX — 769 4,176 — — 769 4,176 4,945 535 1984 2016 15-39 Austin TX — 1,184 5,678 — — 1,184 5,678 6,862 736 1998 2016 15-39 Austin TX — 2,104 7,566 — — 2,104 7,566 9,670 1,030 2006 2016 15-39 Austin TX — 4,190 7,829 — — 4,190 7,829 12,019 1,019 1994 2016 15-39 Dothan AL — 539 2,551 — — 539 2,551 3,090 326 1997 2016 15-39 Tallahassee FL — 864 2,184 — — 864 2,184 3,048 296 1995 2016 15-39 Peachtree City GA — 476 2,590 — — 476 2,590 3,066 342 1997 2016 15-39 Valdosta GA — 524 2,504 — — 524 2,504 3,028 331 1997 2016 15-39 Orland Park IL — 686 2,358 — — 686 2,358 3,044 323 1994 2016 15-39 Rockford IL — 450 2,701 — — 450 2,701 3,151 347 1996 2016 15-39 Bloomington IN — 240 2,761 — — 240 2,761 3,001 327 1994 2016 15-39 Kokomo IN — 106 3,065 — — 106 3,065 3,171 348 1995 2016 15-39 Clarkston MI — 284 2,788 — — 284 2,788 3,072 391 1997 2016 15-39 Madison Heights MI — 58 3,094 — — 58 3,094 3,152 351 1995 2016 15-39 Brighton MI — 102 2,920 — — 102 2,920 3,022 385 1998 2016 15-39 Jackson MI — 177 2,846 — — 177 2,846 3,023 367 1996 2016 15-39 Hendersonville NC — 165 2,928 — — 165 2,928 3,093 396 2000 2016 15-39 New Bern NC — 284 2,525 — — 284 2,525 2,809 326 2000 2016 15-39 Las Vegas NV — 962 2,086 — — 962 2,086 3,048 304 2002 2016 15-39 Cherry Hill NJ — 791 2,340 — — 791 2,340 3,131 321 1992 2016 15-39 Pittsburgh PA — 363 3,488 — — 363 3,488 3,851 443 1996 2016 15-39 Beaumont TX — 206 3,241 — — 206 3,241 3,447 409 1996 2016 15-39 Desoto TX — 535 2,542 — — 535 2,542 3,077 342 1999 2016 15-39 Lewisville TX — 299 2,786 — — 299 2,786 3,085 335 1994 2016 15-39 Webster TX — 591 2,622 — — 591 2,622 3,213 346 1995 2016 15-39 Costs Capitalized Life on Initial Costs to Subsequent Gross Amount at Which Carried at Which Company(A) to Acquisition Close of Period Depreciation Buildings and Buildings and Accumulated Date of Date is Computed City State Encumbrance Land Improvements Land Improvements Land Improvements Total(B) Depreciation Construction Acquired (Years) Harrisonburg VA — 444 2,645 — — 444 2,645 3,089 360 1998 2016 15-39 Beckley WV — 194 3,049 — — 194 3,049 3,243 379 1997 2016 15-39 Portage MI — 38 2,041 — — 38 2,041 2,079 241 1981 20 |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
Accounting Policies [Abstract] | |
Principles of Consolidation | Principles of Consolidation The Consolidated Financial Statements include the accounts and operations of the Company. All intercompany balances and transactions have been eliminated in consolidation. To the extent the Corporation has a variable interest in entities that are not evaluated under the variable interest entity (“VIE”) model, the Corporation evaluates its interests using the voting interest entity model. The Corporation has complete responsibility for the day-to-day management of, authority to make decisions for, and control of the OP. Based on consolidation guidance, the Corporation has concluded that the OP is a VIE as the members in the OP do not possess kick-out rights or substantive participating rights. Accordingly, the Corporation consolidates its interest in the OP. However, because the Corporation holds the majority voting interest in the OP, it qualifies for the exemption from providing certain disclosure requirements associated with investments in VIEs. The portion of the OP not owned by the Corporation is presented as non-controlling interests as of and during the periods presented. |
Basis of Accounting | Basis of Accounting The Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). |
Use of Estimates | Use of Estimates The preparation of Consolidated Financial Statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include, but are not limited to, the allocation of purchase price between tangible and intangible assets acquired and liabilities assumed, the value of long-lived assets and goodwill, the provision for impairment, the depreciable lives of rental property, the amortizable lives of intangible assets and liabilities, the provisions for uncollectible rent and credit losses, the fair value of the earnout liability, the fair value of assumed debt and notes payable, the fair value of the Company’s interest rate swap agreements, and the determination of any uncertain tax positions. Accordingly, actual results may differ from those estimates. |
Investment in Rental Property | Investment in Rental Property Rental property accounted for under operating leases is recorded at cost. Rental property accounted for under direct financing leases and sales-type leases are recorded at its net investment, which generally represents the cost of the property at the inception of the lease. The Company accounts for its acquisitions of real estate as asset acquisitions in accordance with Accounting Standards Codification (“ASC”) 805, Business Combinations The Company allocates the purchase price of investments in rental property accounted for as asset acquisitions based on the relative fair value of the assets acquired and liabilities assumed. These generally include tangible assets, consisting of land and land improvements, buildings and other improvements, and equipment, and identifiable intangible assets and liabilities, including the value of in-place leases and acquired above-market and below-market leases. Acquisition costs incurred in connection with investments in real estate accounted for as asset acquisitions are capitalized and included with the allocated purchase price. The results of operations of acquired properties are included in the Consolidated Statements of Income and Comprehensive Income from the respective date of acquisition. Estimated fair value determinations are based on management’s judgment, which considers various factors including real estate market conditions, industry conditions that the tenant operates in, and characteristics of the real estate and/or real estate appraisals. The estimated fair value of the tangible assets of an acquired property is determined by valuing the property as if it were vacant. The as-if-vacant value is then allocated to land and land improvements, buildings, and equipment based on comparable sales and other relevant information with respect to the property as estimated by management. Specifically, the “if vacant” value of buildings and equipment is calculated using an income approach. Assumptions used in the income approach to value the buildings include: capitalization and discount rates, lease-up time, market rents, make ready costs, land value, and land improvement value. The estimated fair value of acquired in-place leases are the costs that the Company would have had to incur to lease the properties to the occupancy level of the properties at the date of acquisition. Such costs include the fair value of leasing commissions and other operating costs that would have been incurred to lease the properties, had they been vacant, to their acquired occupancy level. Acquired in-place leases as of the date of acquisition are amortized over the remaining non-cancellable lease terms of the respective leases to amortization expense. Acquired above-market and below-market lease values are recorded based on the present value (using an interest rate that reflects the risks associated with the lease acquired) of the differences between the contractual amounts to be paid pursuant to the in-place leases and management’s estimate of fair market value lease rates at the time of acquisition for the corresponding in-place leases. The capitalized above-market and below-market lease values are amortized as adjustments to lease revenue over the remaining term of the respective leases. Should a tenant terminate its lease, the unamortized portion of the in-place lease value is charged to amortization expense and the unamortized portion of above-market or below-market lease value is charged to lease revenue. Management estimates the fair value of assumed mortgages and notes payable based upon indications of then-current market pricing for similar types of debt with similar maturities. Assumed mortgages and notes payable are initially recorded at their estimated fair value as of the assumption date, and the difference between such estimated fair value and the notes’ outstanding principal balance is amortized to interest expense over the remaining term of the debt. Expenditures for significant betterments and improvements are capitalized. Maintenance and repairs are charged to expense when incurred. Construction and improvement costs incurred in connection with the development of new properties or the redevelopment of existing properties are capitalized. Real estate taxes, interest costs, and leasing and development costs incurred during construction periods are capitalized. Capitalization is based on qualified expenditures and interest rates. Capitalized real estate taxes, interest costs, and leasing and development costs are amortized over lives which are consistent with the related assets. There were no capitalized interest or real estate taxes during the years ended December 31, 2020, 2019, and 2018. |
Long-lived Asset Impairment | Long-lived Asset Impairment The Company reviews long-lived assets, other than goodwill, to be held and used for possible impairment when events or changes in circumstances indicate that their carrying amounts may not be recoverable. If, and when, such events or changes in circumstances are present, an impairment exists to the extent the carrying value of the asset or asset group exceeds the sum of the undiscounted cash flows expected to result from the use of the asset or asset group and its eventual disposition. Such cash flows include expected future operating income, as adjusted for trends and prospects, as well as the effects of demand, competition, and other factors. An impairment loss is measured as the amount by which the carrying amount of the asset or asset group exceeds the fair value of the asset or asset group. A significant judgment is made as to if and when impairment should be taken. The Company’s assessment of impairment as of December 31, 2020 was based on the most current information available to the Company. Based upon current market conditions resulting from the COVID-19 pandemic (see Note 23), certain of the Company’s properties may have fair values less than their carrying amounts. However, based on the Company’s plans with respect to each of those properties, the Company believes that their carrying amounts are recoverable and therefore, under applicable GAAP guidance, no impairment charges were recognized other than those described below. If the operating conditions mentioned above deteriorate or if the Company’s expected holding period for assets changes, subsequent tests for impairments could result in additional impairment charges in the future. During the year ended December 31, 2020 , the Company recorded impairment charges associated with seven properties. Impairment indicators primarily included changes in the Company’s long-term hold strategy with respect to the individual properties, which was due in part to unfavorable market trends resulting from the COVID-19 pandemic in geographic areas where the Company has vacant properties being marketed for re-lease or sale. Inputs used in establishing fair value for real estate assets generally fall within Level 3 of the fair value hierarchy, which are characterized as requiring significant judgment as little or no current market activity may be available for validation. The main indicator used to establish the classification of the inputs is current market conditions, as derived through the use of published commercial real estate market information. The Company determines the valuation of impaired assets using generally accepted valuation techniques including discounted cash flow analysis, income capitalization, analysis of recent comparable sales transactions, actual sales negotiations and bona fide purchase offers received from third parties. Management may consider a single valuation technique or multiple valuation techniques, as appropriate, when estimating the fair value of its real estate. During the years ended December 31, 2020, 2019, and 2018, the Company recorded impairment charges of $19,077, $3,452, and $2,061, respectively. |
Investments in Rental Property Held for Sale | Investments in Rental Property Held for Sale The Company classifies investments in rental property as held for sale when all of the following criteria are met: (i) management commits to a plan to sell the property, (ii) the property is available for immediate sale in its present condition, subject only to terms that are usual and customary for sales of investment properties, (iii) an active program to locate a buyer and conduct other actions required to complete the sale has been initiated, (iv) the sale of the property is probable in occurrence and is expected to qualify as a completed sale, (v) the property is actively marketed for sale at a sale price that is reasonable in relation to its fair value, and (vi) actions required to complete the sale indicate that it is unlikely that any significant changes will be made or that the plan to sell will be withdrawn. For properties classified as held for sale, the Company suspends depreciation and amortization of the related assets, including the acquired in-place lease and above- or below-market lease intangibles, as well as straight-line revenue recognition of the associated lease, and records the investment in rental property at the lower of cost or net realizable value. The assets and liabilities associated with the properties classified as held for sale are presented separately on the Consolidated Balance Sheets for the most recent reporting period. At December 31, 2020 and 2019, the Company did not have any properties that met the held for sale criteria. |
Sales of Real Estate | Sales of Real Estate The Company adopted ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets If the Company determines that it did not transfer control of the non-financial assets to the buyer, the Company analyzes the contract for separate performance obligations and allocates a portion of the sales price to each performance obligation. As performance obligations are satisfied, the Company recognizes the respective income in the Consolidated Statements of Income and Comprehensive Income. The Company presents discontinued operations if disposals of properties represent a strategic shift in operations. Those strategic shifts would need to have a major effect on the Company’s operations and financial results in order to meet the definition. For the years ended December 31, 2020, 2019, and 2018, the Company did not have property dispositions that qualified as discontinued operations. |
Depreciation | Depreciation Depreciation is computed using the straight-line method over the estimated useful lives of the related assets, which are as follows: Land improvements 15 years Buildings and improvements 15 to 39 years Equipment 7 years |
Cash Equivalents | Cash Equivalents Cash equivalents consist of highly liquid investments with an original maturity at date of acquisition of three months or less, including money market funds. The Company estimates that the fair value of cash equivalents approximates the carrying value due to the relatively short maturity of these instruments. |
Restricted Cash | Restricted Cash Restricted cash includes escrow funds the Company maintains pursuant to the terms of certain mortgages, notes payable, and lease agreements, and undistributed proceeds from the sale of properties under Section 1031 of the Internal Revenue Code of 1986, as amended (the “Code”), and is reported within Prepaid expenses and other assets on the Consolidated Balance Sheets. Restricted cash consisted of the following: December 31, (in thousands) 2020 2019 Escrow funds and other $ 7,852 $ 2,311 Undistributed 1031 proceeds 2,390 5,545 $ 10,242 $ 7,856 |
Revenue Recognition | Revenue Recognition The Company accounts for leases in accordance with ASC 842, Leases Certain of the Company’s leases require tenants to pay rent based upon a percentage of the property’s net sales (“percentage rent”) or contain rent escalators indexed to future changes in the Consumer Price Index (“CPI”). Lease income associated with such provisions is considered variable lease income and is not included in the initial measurement of the lease receivable, or in the calculation of straight-line rent revenue. Such amounts are recognized as income when the amounts are determinable. A lease is classified as an operating lease if none of the following criteria are met: (i) ownership transfers to the lessee at the end of the lease term, (ii) the lessee has a purchase option that is reasonably expected to be exercised, (iii) the lease term is for a major part of the economic life of the leased property, (iv) the present value of the future lease payments and any residual value guaranteed by the lessee that is not already reflected in the lease payments equals or exceeds substantially all of the fair value of the leased property, and (v) the leased property is of such a specialized nature that it is expected to have no future alternative use to the Company at the end of the lease term. Prospectively, upon adoption of ASC 842 on January 1, 2019, if one or more of these criteria are met, the lease will generally be classified as a sales-type lease, unless the lease contains a residual value guarantee from a third party other than the lessee, in which case it would be classified as a direct financing lease under certain circumstances. Prior to the adoption of ASC 842, a lease that was not an operating lease would be accounted for as a direct financing lease. The Company accounts for the right to use land as a separate lease component, unless the accounting effect of doing so would be insignificant. Determination of significance requires management judgment. In determining whether the accounting effect of separately reporting the land component from other components for its real estate leases is significant, the Company assesses: ( i ) whether separating the land component impacts the classification of any lease component, (ii) the value of the land component in the context of the overall contract, and (iii) whether the right to use the land is coterminous with the rights to use the other assets. Revenue recognition methods for operating leases, direct financing leases, and sales-type leases are described below: Rental property accounted for under operating leases – Revenue is recognized as rents are earned on a straight-line basis over the non-cancelable terms of the related leases. For leases that have fixed and measurable rent escalations and collectability of the lease payments is probable, the difference between such rental income earned and the cash rent due under the provisions of the lease is recorded as Accrued rental income on the Consolidated Balance Sheets. If the Company determines that collectability of the lease payments is not probable, the Company records an adjustment to Lease revenues, net to reduce cumulative income recognized since lease commencement to the amount of cash collected from the lessee. Future revenue recognition is limited to amounts paid by the lessee. Rental property accounted for under direct financing leases – The Company utilizes the direct finance method of accounting to record direct financing lease income. The net investment in the direct financing lease represents receivables for the sum of future lease payments to be received and the estimated residual value of the leased property, less unamortized unearned income (which represents the difference between undiscounted cash flows and discounted cash flows). Unearned income is deferred and amortized into income over the lease terms so as to produce a constant periodic rate of return on the Company’s net investment in the leases. Rental property accounted for under sales-type leases – For leases accounted for as sales-type leases, the Company records selling profit arising from the lease at inception, along with the net investment in the lease. The Company leases assets through the assumption of existing leases or through sale-leaseback transactions, and records such assets at their fair value at the time of acquisition, which in most cases coincides with lease inception. As a result, the Company does not generally recognize selling profit on sales-type leases. The net investment in the sales-type lease represents receivables for the sum of future lease payments and the estimated unguaranteed residual value of the leased property, each measured at net present value. Interest income is recorded over the lease terms so as to produce a constant periodic rate of return on the Company’s net investment in the leases. Certain of the Company’s lease contracts contain nonlease components ( e.g. i.e. Refer below to the Recently Adopted Accounting Standards |
Rent Received in Advance | Rent Received in Advance Rent received in advance represents tenant payments received prior to the contractual due date, and is included in Accounts payable and other liabilities on the Consolidated Balance Sheets. Rent received in advance is as follows: December 31, (in thousands) 2020 2019 Rent received in advance $ 13,651 $ 13,368 Tenant and Capital Reserves The terms of certain of the Company’s operating leases require the establishment of tenant and capital reserves. Under the tenant reserve requirements, tenant-funded amounts are deposited into an escrow account, to be used to fund certain costs to maintain the rental properties. Under the capital reserve lease requirements, the tenants are required to pay additional amounts into an escrow account to fund capital improvements, replacements, and repairs made to the properties. The Company has no obligation to fund capital improvements beyond these reserve balances. The balances of the tenant and capital reserves are included in Accounts payable and other liabilities on the Consolidated Balance Sheets and are as follows: December 31, (in thousands) 2020 2019 Tenant reserve $ 1,070 $ 922 Capital reserve 1,001 872 $ 2,071 $ 1,794 The corresponding cash balances are recorded in Prepaid expenses and other assets on the Consolidated Balance Sheets. |
Goodwill | Goodwill Goodwill represents the excess of the amount paid over the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed in a business combination and it assigned to one or more reporting units. The Company evaluates goodwill for impairment when an event occurs or circumstances change that indicate the carrying value may not be recoverable, or at least annually. The Company’s annual testing date is November 30. The goodwill impairment evaluation is completed using either a qualitative or quantitative approach. Under a qualitative approach, the impairment review for goodwill consists of an assessment of whether it is more-likely-than-not that the reporting unit’s fair value is less than its carrying value, including goodwill. If a qualitative approach indicates it is more likely-than-not that the estimated carrying value of a reporting unit (including goodwill) exceeds its fair value, or if we choose to bypass the qualitative approach, we perform the quantitative approach described below. When the Company performs a quantitative test of goodwill for impairment, it compares the carrying value of a reporting unit with its fair value. If the fair value of the reporting unit exceeds its carrying amount, the Company does not consider goodwill to be impaired and no further analysis would be required. If the fair value is determined to be less than its carrying value, the amount of goodwill impairment equals the amount by which the reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The Company determined that it has one reporting unit, consistent with its segment reporting analysis, which includes the acquisition, leasing, and ownership of net leased properties (i.e., the consolidated entity). When necessary to perform the quantitative test for goodwill impairment, the Company’s estimate of fair value is determined using a market approach, leveraging assumptions such as the fair value of our equity, and consideration of a control premium, if necessary, which includes an analysis of similar market transactions. While the Company believes the assumptions used to estimate the fair value of its reporting unit are reasonable, changes in these assumptions may have a material impact on the Company’s financial results. Based on the results of its annual goodwill impairment test on November 30, 2020, the Company’s inaugural goodwill impairment test date, the Company concluded that goodwill was not impaired. |
Provision for Uncollectible Rent | Provision for Uncollectible Rent Prior to the adoption of ASC 842, provisions for uncollectible rent were recorded as bad debt expense and included in General and administrative expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. Prospectively, i n accordance with ASC 842, (adopted January 1, 2019), provisions for uncollectible rent are recorded as an offset to Lease revenues, net on the accompanying Consolidated Statements of Income and Comprehensive Income. The following table summarizes the changes in the provision for uncollectible rent: For the Year Ended December 31, (in thousands) 2020 2019 2018 Balance as of January 1 $ — $ 2,086 $ 742 Provision for uncollectible rent 2,073 441 1,521 Write-offs / Recoveries (1,872 ) (2,527 ) (177 ) Balance as of December 31 $ 201 $ — $ 2,086 |
Debt Issuance Costs | Debt Issuance Costs In accordance with ASC 835, Interest, Debt issuance costs incurred in connection with the Company’s unsecured revolving credit facility, mortgages and notes payable, and unsecured term notes and senior notes have been deferred and are being amortized over the term of the respective loan commitment using the straight-line method, which approximates the effective interest method. The following table summarizes debt issuance costs: December 31, (in thousands) 2020 2019 Unsecured revolving credit facility: Debt issuance costs $ 9,708 $ 4,692 Less accumulated amortization (3,273 ) (2,312 ) $ 6,435 $ 2,380 Mortgages and notes payable: Debt issuance costs $ 636 $ 667 Less accumulated amortization (351 ) (309 ) $ 285 $ 358 Unsecured term notes: Debt issuance costs $ 9,076 $ 9,898 Less accumulated amortization (2,872 ) (1,979 ) $ 6,204 $ 7,919 |
Initial Public Offering Costs | Initial Public Offering Costs Prior to the close of the IPO on September 21, 2020, the Company incurred and capitalized certain direct, incremental legal, professional, accounting and other third-party fees in connection with the IPO. The deferred IPO costs were offset against IPO proceeds, and reclassified as a component of Additional paid-in capital on the Consolidated Balance Sheets upon the consummation of the offering. At December 31, 2019, deferred IPO costs totaled $668 and were included within Prepaid expenses and other assets on the Consolidated Balance Sheets. See Note 15 for further discussion of net proceeds |
Earnout Liability | Earnout Liability The Company’s earnout liability is payable in four tranches, in a combination of cash, common shares, and OP Units, in the same proportion as the initial consideration paid in the Internalization (see Note 4). The common shares and OP Units payable under the arrangement were originally subject to a redemption rights agreement, whereby holders of the common shares and OP Units had the right to require the Company to repurchase any or all of the common shares or OP Units if an IPO had not occurred on or before December 31, 2020 (see discussion of the redemption rights agreement in Note 4). The common shares and OP Units were deemed to be freestanding financial instruments that, at inception, embodied an obligation to repurchase the Company’s common shares and OP Units, and therefore were initially classified as liabilities together with the cash portion of the earnout, and recorded in Earnout liability on the Consolidated Balance Sheets as part of the purchase price allocation. The fair value of the earnout liability is remeasured each reporting period, with changes recorded as Change in fair value of earnout liability in the Consolidated Statements of Income and Comprehensive Income. Upon completion of the IPO, the redemption rights with respect to the common shares and OP Units terminated, and the $18,436 fair value of the 726 shares of common stock and 1,240 OP Units associated with the third and fourth earnout tranches as of the date of the IPO, was reclassified to equity as a component of Additional paid-in capital and Non-controlling interests on the Consolidated Balance Sheets. At December 31, 2020, the $12,374 fair value of 363 shares of common stock and 619 OP Units associated with the first and second earnout tranches was reclassified to equity as a component of Additional paid-in capital and Non-controlling interests on the Consolidated Balance Sheets, as the achievement of 2020 adjusted funds from operations (“AFFO”) targets were not met and are no longer applicable. At December 31, 2020, the remaining balance in the earnout liability represents the fair value of the amounts potentially payable in the form of cash associated with all four tranches. |
Mezzanine Equity | Mezzanine Equity The Company issued common shares and OP Units as base consideration for the Internalization, each of which were subject to a redemption rights agreement, where the common shares (“mezzanine equity common stock”) and OP Units (“mezzanine equity non-controlling interests”) were economically equivalent to the permanent equity classified common shares and OP Units. The Company presented the mezzanine equity common stock and mezzanine equity non-controlling interests as mezzanine equity in the Consolidated Balance Sheets as they were redeemable outside the Company’s control. The Company subsequently recorded mezzanine equity common stock at redemption value each reporting period, with changes in carrying value recorded as a component of Additional paid-in capital on the Consolidated Balance Sheets. The Company subsequently recorded mezzanine equity non-controlling interests at the greater of (i) carrying amount, increased or decreased for the non-controlling interests’ share of net income or loss, dividends and comprehensive income or loss or (ii) redemption value. Changes in carrying value of mezzanine equity non-controlling interests were recorded as a component of Additional paid-in capital on the Consolidated Balance Sheets. The rights under the redemption rights agreement terminated effective with the IPO and the applicable common shares and OP Units were reclassified to permanent equity on September 21, 2020 (see discussion of redemption rights agreement in Note 4). |
Leasing Fees | Leasing fees represent costs incurred to lease properties to tenants and are capitalized as they are incremental costs of a lease that would not have been incurred if the lease had not been obtained. Leasing fees are amortized using the straight-line method over the term of the lease to which they relate, which range from 9 to 29 years. |
Derivative Instruments | Derivative Instruments The Company uses interest rate swap agreements to manage risks related to interest rate movements. The interest rate swap agreements, designated and qualifying as cash flow hedges, are reported at fair value. The Company early adopted ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting and Hedging Activities measurement guidance for qualifying hedging transactions and the presentation of hedge results in an entity’s financial statements. ASU 2017-12 removed the concept of separately measuring and reporting hedge ineffectiveness and requires a company to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. In accordance with ASU 2017-12, the gain or loss on the qualifying hedges is initially included as a component of other comprehensive income or loss and is subsequently reclassified into earnings when interest payments (the forecasted transactions) on the related debt are incurred and as the swap net settlements occur. When an existing cash flow hedge is terminated, the Company determines the accounting treatment for the accumulated gain or loss recognized in Accumulated other comprehensive loss based on the probability of the hedged forecasted transaction occurring within the period the cash flow hedge was anticipated to affect earnings. If the Company determines that the hedged forecasted transaction is probable of occurring during the original period, the accumulated gain or loss is reclassified into earnings over the remaining life of the cash flow hedge using a straight-line method, which approximates an effective interest method. If the Company determines that the hedged forecasted transaction is not probable of occurring during the original period, the entire amount of accumulated gain or loss is reclassified into earnings in the period the cash flow hedge is terminated. The Company documents its risk management strategy and hedge effectiveness at the inception of, and during the term of, each hedge. The Company’s interest rate risk management strategy is intended to stabilize cash flow requirements by maintaining interest rate swap agreements to convert certain variable-rate debt to a fixed rate. |
Property Loss and Insurance Recoveries | Property Loss and Insurance Recoveries Property losses, whether full or partial, are accounted for using a combination of impairment, insurance, and revenue recognition guidance prescribed by GAAP. Upon incurring a loss event, the Company evaluates for asset impairment under ASC 350, Intangibles – Goodwill and Other, Property, Plant, and Equipment. Under the terms of the lease agreements with tenants, in the case of full or partial loss to a property, the tenant has an obligation to restore/rebuild the premises as nearly as possible to its value, condition and character immediately prior to such event. To mitigate the risk of loss, the Company requires tenants to maintain general liability insurance policies on the replacement value of the properties. Based on these considerations, the Company follows the guidance in ASC 610-30, Other Income – Gains and Losses on Involuntary Conversions, i.e. i.e. Gain Contingencies. |
Non-controlling Interests | Non-controlling Interests Non-controlling interests represents the membership interests held in the OP of 7.3%, 6.3%, and 7.3% at December 31, 2020, 2019, and 2018, respectively, by third parties which are accounted for as a separate component of equity. The Company periodically adjusts the carrying value of non-controlling interests to reflect their share of the book value of the OP. Such adjustments are recorded to Additional paid-in capital as a reallocation of Non-controlling interests in the Consolidated Statements of Stockholders’ Equity. |
Subscriptions Receivable | Subscriptions Receivable Subscriptions receivable is related to shares issued to the Corporation’s stockholders for which the proceeds have not yet been received solely due to the fact of timing of transfers from the escrow agent holding the funds. The receivables have been fully collected during the following month after the balance sheet date of the Consolidated Financial Statements. In accordance with the Securities and Exchange Commission (“SEC”) Rule 5-02.30 of Regulation S-X, the Company records its subscriptions receivable as a deduction from Stockholders’ equity in the accompanying Consolidated Balance Sheets. |
Segment Reporting | Segment Reporting The Company currently operates in a single reportable segment, which includes the acquisition, leasing, and ownership of net leased properties. The Company’s chief operating decision maker assesses, measures, and reviews the operating and financial results at the consolidated level for the entire portfolio, and therefore, each property or property type is not considered an individual operating segment. The Company does not evaluate the results of operations based on geography, size, or property type. |
Fair Value Measurements | Fair Value Measurements ASC 820, Fair Value Measurements and Disclosures, The standard describes three levels of inputs that may be used to measure fair value: Level 1 – Quoted prices that are available in active markets for identical assets or liabilities. The types of financial instruments included in Level 1 are marketable, available-for-sale equity securities that are traded in an active exchange market. Level 2 – Pricing inputs other than quoted prices in active markets, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Instruments included in this category are derivative contracts whose value is determined using a pricing model with inputs (such as yield curves and credit spreads) that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 includes assets and liabilities whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. The Company has estimated that the carrying amount reported on the Consolidated Balance Sheets for Cash and cash equivalents, Prepaid expenses and other assets, Tenant and other receivables, net, Accrued interest payable, and Accounts payable and other liabilities, approximates their fair values due to their short-term nature. Recurring Fair Value Measurements Interest Rate Swap Assets and Liabilities - The Company measures and records its interest rate swap instruments (see Note 12) and earnout liability at fair value, and discloses the fair value of its long-term debt, on a recurring basis. Interest rate swaps are derivative instruments that have no quoted readily available Level 1 inputs, and therefore are measured at fair value using inputs that are directly observable in active markets and are classified within Level 2 of the valuation hierarchy, using an income approach. Specifically, the fair value of the interest rate swaps is determined using a discounted cash flow analysis on the expected future cash flows of each instrument. This analysis utilizes observable market data including yield curves and implied volatilities to determine the market’s expectation of the future cash flows of the variable component. The fixed and variable components of the interest rate swaps are then discounted using calculated discount factors developed based on the overnight indexed swap (“OIS”) curve and are aggregated to arrive at a single valuation for the period. The Company also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. Although the Company has determined that the majority of the inputs used to value its interest rate swaps fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its interest rate swaps utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. At December 31, 2020 and 2019 , the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation. As a result, the Company has determined that its interest rate swap valuations in their entirety are appropriately classified within Level 2 of the fair value hierarchy. Earnout Liability – In connection with the Internalization, the Company recognized an earnout liability that will be due and payable to the former owners of BRE if certain milestones are achieved during specified periods of time following the closing of the Internalization (the “Earnout Periods”). Under the terms of the agreement, the milestones related to either (a) the 40-day dollar volume-weighted average price of a share of the Company’s common stock (“VWAP per REIT Share”), following the completion of an IPO of the Company’s common stock, or (b) the Company’s AFFO per share, prior to the completion of an IPO (see Note 4). The Company utilizes third-party valuation experts to assist in estimating the fair value of the earnout liability, and develops estimates by considering weighted-average probabilities of likely outcomes, and using a Monte Carlo simulation and discounted cash flow analysis. These estimates require the Company to make various assumptions about share price volatility and, prior to the IPO, about the timing of an IPO and net asset prices, each of which are unobservable and considered Level 3 inputs in the fair value hierarchy. A change in these inputs to a different amount might result in a significantly higher or lower fair value measurement at the reporting date. Specifically, advancements in the estimated IPO date assumption increased the earnout liability’s fair value given the earnout’s fixed time horizon. Peer share price volatilities are used to estimate the Company’s expected share price volatility, and the Company’s corresponding ability to achieve the earnout targets. Increases in the volatility assumption would increase the earnout liability’s fair value. Increases in net asset values would also increase the earnout liability’s fair value. The table below provides a summary of the significant unobservable inputs used to estimate the fair value of the earnout liability as of December 31, 2020: Significant Unobservable Inputs Weighted Average Assumption Used Range Peer stock price volatility 40.0% 25.92% - 55.90% The table below provides a summary of the significant unobservable inputs used to estimate the fair value of the earnout liability as of February 7, 2020, the transaction date: Significant Unobservable Inputs Weighted Average Assumption Used Range Expected IPO date April 15, 2020 March 2020 through May 2020 Peer stock price volatility 20.0% 16.22% to 23.09% Company's net asset value per diluted share $ 21.30 (a) (a) The Company’s net asset value per diluted share was primarily based on the fair value of its real estate investment portfolio, together with the fair value of its other assets and liabilities. The fair value of the Company’s real estate investment portfolio as of the measurement date was determined using market capitalization rates that ranged between 6.05% and 7.09%. The following table presents a reconciliation of the change in the earnout liability: (in thousands) For the Year Ended December 31, 2020 Beginning balance $ — Allocation of Internalization purchase price at February 7, 2020 40,119 Change in fair value subsequent to Internalization (1,800 ) Reclassification as a component of additional paid-in capital and non-controlling interests (30,810 ) Ending balance $ 7,509 As a result of the Company’s IPO in September 2020 and expiration of the AFFO target achievement in December 2020, the portions of the liability payable in common shares and OP units was reclassified to equity at fair value as a component of Additional paid-in capital and Non-controlling interests, respectively. See further discussion in Earnout Liability The decrease in fair value subsequent to the Internalization was driven by a lower share price. This was partially offset by an increase in peer stock price volatility, which is attributable to changes in economic circumstances impacting global equity markets. The balances of financial instruments measured at fair value on a recurring basis are as follows (see Note 12): December 31, 2020 (in thousands) Total Level 1 Level 2 Level 3 Interest rate swap, liabilities $ (72,103 ) $ — $ (72,103 ) $ — Earnout liability (7,509 ) — — (7,509 ) December 31, 2019 Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 2,911 $ — $ 2,911 $ — Interest rate swap, liabilities (24,471 ) — (24,471 ) — Long-term Debt – The fair value of the Company’s debt was estimated using Level 2 and Level 3 inputs based on recent financing transactions, estimates of the fair value of the property that serves as collateral for such debt, historical risk premiums for loans of comparable quality, current London Interbank Offered Rate (“LIBOR”), U.S. Treasury obligation interest rates, and on the discounted estimated future cash payments to be made on such debt. The discount rates estimated reflect the Company’s judgment as to the approximate current lending rates for loans or groups of loans with similar maturities and assumes that the debt is outstanding through maturity. Market information, as available, or present value techniques were utilized to estimate the amounts required to be disclosed. Since such amounts are estimates that are based on limited available market information for similar transactions and do not acknowledge transfer or other repayment restrictions that may exist on specific loans, it is unlikely that the estimated fair value of any such debt could be realized by immediate settlement of the obligation. The following table summarizes the carrying amount reported on the Consolidated Balance Sheets and the Company’s estimate of the fair value of the Mortgages and notes payable, net, Unsecured term notes, net, and Unsecured revolving credit facility, which reflects the fair value of interest rate swaps: December 31, (in thousands) 2020 2019 Carrying amount $ 1,547,667 $ 1,989,451 Fair value 1,679,188 2,047,860 Non-recurring Fair Value Measurements The Company’s non-recurring fair value measurements at December 31, 2020 and 2019, consisted of the fair value of impaired real estate assets that were determined using Level 3 inputs. |
Income Taxes | Income Taxes The Company has made an election to be taxed as a REIT under Sections 856 through 860 of the Code, commencing with its taxable year ended December 31, 2008. The Company believes it is organized and operates in such a manner as to qualify for treatment as a REIT, and intends to operate in the foreseeable future in such a manner so that it will remain qualified as a REIT for U.S. federal income tax purposes. Accordingly, the Company is not subject to U.S. federal corporate income tax to the extent its dividends paid deduction exceeds its taxable income, as defined in the Code. Accordingly, no provision has been made for U.S. federal income taxes in the accompanying Consolidated Financial Statements. The Company has a wholly-owned subsidiary that elected to be treated as a TRS and is subject to U.S. federal, state and local income taxes at regular corporate tax rates when due. The Company is subject to state and local income or franchise taxes and foreign taxes in certain jurisdictions in which some of its properties are located and records these within Income taxes in the accompanying Consolidated Statements of Income and Comprehensive Income when due. The Company is required to file income tax returns with federal, state, and Canadian taxing authorities. At December 31, 2020, the Company’s U.S. federal and state income tax returns remain subject to examination by the respective taxing authorities for the 2017 through 2019 tax years. The Company recognizes and measures uncertain tax positions using a two-step approach. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more-likely-than-not that the position will be sustained upon examination, including resolution of related appeals or litigation processes, if any. In making this assessment, the Company must assume that the taxing authority will examine the income tax position and have full knowledge of all relevant information. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating tax positions and tax benefits, which may require periodic adjustments and which may or may not accurately forecast actual outcomes. The Company has determined that it has no uncertain tax positions at December 31, 2020 and 2019, or for the years ended December 31, 2020, 2019, and 2018, which include the tax status of the Company. Interest and penalties related to income taxes are charged to tax expense during the year in which they are incurred. |
Taxes Collected From Tenants and Remitted to Governmental Authorities | Taxes Collected From Tenants and Remitted to Governmental Authorities A majority of the Company’s properties are leased on a net basis, which provides that the tenants are responsible for the payment of property operating expenses, including, but not limited to, property taxes, maintenance, insurance, repairs, and capital costs, during the lease term. The Company records such expenses on a net basis. In other situations, the Company may collect property taxes from its tenants and remit those taxes to governmental authorities. Taxes collected from tenants and remitted to governmental authorities are presented on a gross basis, where amounts billed to tenants are included in Lease revenues, net and the corresponding expense is included in Property and operating expense in the accompanying Consolidated Statements of Income and Comprehensive Income. |
Right-of-Use Assets and Lease Liabilities/Rental Expense | Right-of-Use Assets and Lease Liabilities The Company is a lessee under non-cancelable operating leases associated with its corporate headquarters and other office spaces as well as with leases of land (“ground leases”). The Company records right-of-use assets and lease liabilities associated with these leases. The lease liability is equal to the net present value of the future payments to be made under the lease, discounted using estimates based on observable market factors. The right-of-use asset is generally equal to the lease liability plus initial direct costs associated with the leases. The Company includes in the recognition of the right-of-use asset and lease liability those renewal periods that are reasonably certain to be exercised, based on the facts and circumstances that exist at lease inception. Amounts associated with percentage rent provisions are considered variable lease costs and are not included in the initial measurement of the right-of-use asset or lease liability. The Company has made an accounting policy election, applicable to all asset types, not to separate lease from nonlease components when allocating contract consideration related to operating leases. Right-of-use assets and lease liabilities associated with operating leases were included in the accompanying Consolidated Balance Sheets as follows: December 31, (in thousands) Financial Statement Presentation 2020 2019 Right-of-use assets Prepaid expenses and other assets $ 3,075 $ 1,614 Lease liabilities Accounts payable and other liabilities 2,659 1,209 Rental Expense Rental expense associated with operating leases is recorded on a straight-line basis over the term of each lease, for leases that have fixed and measurable rent escalations. The difference between rental expense incurred on a straight-line basis and the cash rental payments due under the provisions of the lease is recorded as part of the right-of-use asset in the accompanying December 31, 2020 and 2019 Consolidated Balance Sheets. Amounts associated with percentage rent provisions based on the achievement of sales targets are recognized as variable rental expense when achievement of the sales targets are considered probable. Rental expense is included in Property and operating expense on the accompanying Consolidated Statements of Income and Comprehensive Income. |
Stock-Based Compensation | Stock-Based Compensation On August 4, 2020, the Board of Directors adopted the Broadstone Net Lease, Inc. 2020 Omnibus Equity and Incentive Plan (the “Equity Incentive Plan”) to provide long-term stock-based incentives to employees and non-employee directors of the Company. Subject to any adjustment as provided in the Equity Incentive Plan, up to 9,000 shares may be issued pursuant to awards granted under the Equity Incentive Plan in the form of stock options, restricted stock, restricted stock units, stock appreciation rights, dividend equivalent rights, share awards and performance-based awards (including performance share units and performance-based restricted stock) and LTIP Units (as defined in the Equity Incentive Plan). On August 4, 2020, the Company awarded 341 shares of restricted common stock under the Equity Incentive Plan to certain officers and employees. The Company accounts for stock-based incentives in accordance with ASC 718, Compensation – Stock Compensation |
Earnings per Share | Earnings per Share Earnings per common share has been computed pursuant to the guidance in ASC Topic 260, Earnings Per Share, |
Recently Adopted Accounting Standards and Other Recently Issued Accounting Standards | Recently Adopted Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses Codification Improvements to Topic 326, Financial Instruments – Credit Losses In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820) Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement. In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting In April 2020, the FASB staff issued a question and answer document (the “Lease Modification Q&A”) that focused on the application of lease accounting guidance to lease concessions provided as a result of the COVID-19 pandemic. Under ASC 842, economic relief that was agreed to or negotiated outside of the original lease agreement is typically considered a lease modification, in which case both the lessee and lessor would be required to apply the respective modification frameworks. However, if the lessee was entitled to the economic relief because of either contractual or legal rights, the relief would be accounted for outside of the modification framework. Although the original lease modification guidance in ASC 842 remains appropriate to address routine lease modifications, the Lease Modification Q&A established a different framework to account for certain lease concessions granted in response to the COVID-19 pandemic, if certain criteria have been met. The Lease Modification Q&A allows the Company to make an accounting policy election to account for COVID-19 related lease concessions as either a lease modification or a negative variable adjustment to rental revenue. Such election is required to be applied consistently to leases with similar characteristics and similar circumstances. Refer to Note 23, COVID-19 Pandemic regarding information on COVID-19 related concessions and the associated impact on the Company’s results of operations. Other Recently Issued Accounting Standards In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity Derivatives and Hedging: Contracts in Entity’s Own Equity |
Business Description (Tables)
Business Description (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | |
Summary of Outstanding Equity and Economic Ownership Interest | The following table summarizes the outstanding equity and economic ownership interest of the Corporation and the OP: December 31, 2020 December 31, 2019 December 31, 2018 (in thousands) Shares of Common Stock OP Units Total Diluted Shares Shares of Common Stock OP Units Total Diluted Shares Shares of Common Stock OP Units Total Diluted Shares Ownership interest 145,609 11,399 157,008 104,006 6,948 110,954 88,055 6,948 95,003 Percent Ownership of OP 92.7 % 7.3 % 100.0 % 93.7 % 6.3 % 100.0 % 92.7 % 7.3 % 100.0 % |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Accounting Policies [Abstract] | |
Summary of Estimated Useful Life of Asset | Depreciation is computed using the straight-line method over the estimated useful lives of the related assets, which are as follows: Land improvements 15 years Buildings and improvements 15 to 39 years Equipment 7 years |
Summary of Restricted Cash | Restricted cash consisted of the following: December 31, (in thousands) 2020 2019 Escrow funds and other $ 7,852 $ 2,311 Undistributed 1031 proceeds 2,390 5,545 $ 10,242 $ 7,856 |
Summary of Rents Received in Advance | Rent received in advance represents tenant payments received prior to the contractual due date, and is included in Accounts payable and other liabilities on the Consolidated Balance Sheets. Rent received in advance is as follows: December 31, (in thousands) 2020 2019 Rent received in advance $ 13,651 $ 13,368 |
Summary of Changes in the Provisions for Uncollectible Rent | The following table summarizes the changes in the provision for uncollectible rent: For the Year Ended December 31, (in thousands) 2020 2019 2018 Balance as of January 1 $ — $ 2,086 $ 742 Provision for uncollectible rent 2,073 441 1,521 Write-offs / Recoveries (1,872 ) (2,527 ) (177 ) Balance as of December 31 $ 201 $ — $ 2,086 |
Summary of Tenant and Capital Reserves | The balances of the tenant and capital reserves are included in Accounts payable and other liabilities on the Consolidated Balance Sheets and are as follows: December 31, (in thousands) 2020 2019 Tenant reserve $ 1,070 $ 922 Capital reserve 1,001 872 $ 2,071 $ 1,794 |
Summary of Debt Issuance Costs on Consolidated Balance Sheets | The following table summarizes debt issuance costs: December 31, (in thousands) 2020 2019 Unsecured revolving credit facility: Debt issuance costs $ 9,708 $ 4,692 Less accumulated amortization (3,273 ) (2,312 ) $ 6,435 $ 2,380 Mortgages and notes payable: Debt issuance costs $ 636 $ 667 Less accumulated amortization (351 ) (309 ) $ 285 $ 358 Unsecured term notes: Debt issuance costs $ 9,076 $ 9,898 Less accumulated amortization (2,872 ) (1,979 ) $ 6,204 $ 7,919 |
Summary of Significant Unobservable Inputs Used to Estimate Fair Value of Earnout Liability | The table below provides a summary of the significant unobservable inputs used to estimate the fair value of the earnout liability as of December 31, 2020: Significant Unobservable Inputs Weighted Average Assumption Used Range Peer stock price volatility 40.0% 25.92% - 55.90% The table below provides a summary of the significant unobservable inputs used to estimate the fair value of the earnout liability as of February 7, 2020, the transaction date: Significant Unobservable Inputs Weighted Average Assumption Used Range Expected IPO date April 15, 2020 March 2020 through May 2020 Peer stock price volatility 20.0% 16.22% to 23.09% Company's net asset value per diluted share $ 21.30 (a) (a) The Company’s net asset value per diluted share was primarily based on the fair value of its real estate investment portfolio, together with the fair value of its other assets and liabilities. The fair value of the Company’s real estate investment portfolio as of the measurement date was determined using market capitalization rates that ranged between 6.05% and 7.09%. |
Summary of Reconciliation of Change in Earnout Liability | The following table presents a reconciliation of the change in the earnout liability: (in thousands) For the Year Ended December 31, 2020 Beginning balance $ — Allocation of Internalization purchase price at February 7, 2020 40,119 Change in fair value subsequent to Internalization (1,800 ) Reclassification as a component of additional paid-in capital and non-controlling interests (30,810 ) Ending balance $ 7,509 |
Balances of Financial Instruments Measured at Fair Value on Recurring Basis | The balances of financial instruments measured at fair value on a recurring basis are as follows (see Note 12): December 31, 2020 (in thousands) Total Level 1 Level 2 Level 3 Interest rate swap, liabilities $ (72,103 ) $ — $ (72,103 ) $ — Earnout liability (7,509 ) — — (7,509 ) December 31, 2019 Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 2,911 $ — $ 2,911 $ — Interest rate swap, liabilities (24,471 ) — (24,471 ) — |
Summary of Carrying Amount Reported on Consolidated Balance Sheets | The following table summarizes the carrying amount reported on the Consolidated Balance Sheets and the Company’s estimate of the fair value of the Mortgages and notes payable, net, Unsecured term notes, net, and Unsecured revolving credit facility, which reflects the fair value of interest rate swaps: December 31, (in thousands) 2020 2019 Carrying amount $ 1,547,667 $ 1,989,451 Fair value 1,679,188 2,047,860 |
Summary of Right-of-Use Assets And Lease Liabilities Associated With Operating Leases Included In Consolidated Balance Sheets | Right-of-use assets and lease liabilities associated with operating leases were included in the accompanying Consolidated Balance Sheets as follows: December 31, (in thousands) Financial Statement Presentation 2020 2019 Right-of-use assets Prepaid expenses and other assets $ 3,075 $ 1,614 Lease liabilities Accounts payable and other liabilities 2,659 1,209 |
Related-Party Transactions (Tab
Related-Party Transactions (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Property Management Agreement and Asset Management Agreement | |
Schedule of Related Party Transactions | Total fees incurred under the Property Management Agreement and Asset Management Agreement are as follows: (in thousands) Financial Statement For the Year Ended December 31, Type of Fee Presentation 2020 (a) 2019 2018 Asset management fee Asset management fees $ 2,461 $ 21,863 $ 18,173 Property management fee Property management fees 1,275 8,256 6,529 Total management fee expense 3,736 30,119 24,702 Marketing fee (offering costs) Additional paid-in capital — 1,649 1,158 Acquisition fee Capitalized as a component of assets acquired — 10,319 5,907 Leasing fee and re-leasing fees Leasing fees, net — 843 1,399 Disposition fee Gain on sale of real estate 109 1,765 573 Total management fees $ 3,845 $ 44,695 $ 33,739 (a) Fees were payable under the Property Management Agreement and Asset Management Agreement from January 1, 2020 through February 6, 2020. The Internalization was effective February 7, 2020. |
Internalization (Tables)
Internalization (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Internalization [Abstract] | |
Schedule of Base Consideration | The consideration paid at closing of the Internalization is summarized in the following table: (in thousands) Issuance of 3,124 shares of common stock $ 66,376 Issuance of 5,278 OP Units 112,159 Cash 30,981 Base consideration 209,516 Initial estimate of fair value of earnout liability 40,119 Total consideration $ 249,635 |
Summary of Earnout Tranches, Applicable VWAP of REIT Share and Applicable Earnout Periods | The earnout tranches, applicable 40-day VWAP of a REIT Share and the applicable Earnout Periods are as follows: Number of Shares and 40-Day (in thousands, except per share amounts) OP Units Approximate VWAP of a Tranche Earnout Target (a) Payable (b) Amount of Cash REIT Share Applicable Earnout Period 1 $10,000 393 $ 1,646 $ 22.50 September 2020 - September 2022 2 $15,000 589 $ 2,470 $ 23.75 September 2020 - September 2022 3 $25,000 983 $ 4,117 $ 24.375 September 2021 - September 2025 4 $25,000 983 $ 4,117 $ 25.00 September 2021 - September 2025 (a) Initial contractual value of applicable earnout tranche based on a $21.25 price per share (b) Calculated based on $21.25 price per share/unit of common stock and OP Units. |
Summary of Allocation of Purchase Price | The following table summarizes the Company’s allocation of the purchase price associated with the Internalization: (in thousands) Prepaid expenses and other assets $ 1,336 Right-of-use assets 1,898 Goodwill 339,769 Accounts payable and other liabilities (986 ) Operating lease liabilities (1,898 ) Debt (90,484 ) $ 249,635 The Company allocated the purchase price of these properties to the fair value of the assets acquired and liabilities assumed. The following table summarizes the purchase price allocation for completed real estate acquisitions: For the Year Ended December 31, (in thousands) 2020 2019 2018 Land $ 17,403 $ 161,182 $ 72,559 Land improvements 5,356 47,391 32,498 Buildings and improvements 64,116 772,998 454,391 Equipment — — 2,892 Acquired in-place leases ( i ) 8,346 80,952 62,631 Acquired above-market leases (j) 1,717 2,800 5,538 Acquired below-market leases (k) (428 ) (15,811 ) (11,471 ) Direct financing investments — — 430 Sales-type investments 574 — — Mortgages payable — (49,782 ) (20,845 ) Non-real estate liabilities — — (56 ) $ 97,084 $ 999,730 $ 598,567 ( i ) ( j ) ( k ) |
Schedule of Pro Forma Financial Information | The condensed pro forma financial information is as follows: For the Year Ended December 31, (in thousands) 2020 2019 Revenues $ 321,637 $ 298,815 Net income 60,783 99,636 |
Acquisitions of Rental Proper_2
Acquisitions of Rental Property (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Business Combinations [Abstract] | |
Acquisitions of Rental Property Closed | The Company closed on the following acquisitions during the year ended December 31, 2020: (in thousands, except number of properties) Number of Real Estate Date Property Type Properties Acquisition Price November 13, 2020 Healthcare 1 $ 4,950 December 7, 2020 Industrial 8 28,000 December 23, 2020 Industrial 1 36,473 (a) December 28, 2020 Retail 1 5,150 December 29, 2020 Restaurant 7 13,189 December 30, 2020 Industrial 1 8,050 19 $ 95,812 (b) (a) Acquisition price excludes $4,500 deposited in an escrow for the future purchase of the related land (b) Acquisition price does not include capitalized acquisition costs of $1,272 The Company closed on the following acquisitions during the year ended December 31, 2019: (in thousands, except number of properties) Number of Real Estate Date Property Type Properties Acquisition Price January 31, 2019 Healthcare 1 $ 4,747 March 12, 2019 Industrial 1 10,217 March 15, 2019 Retail 10 13,185 March 19, 2019 Retail 14 19,128 March 26, 2019 Industrial 1 25,801 April 30, 2019 Industrial 1 76,000 (c) May 21, 2019 Retail 2 6,500 May 31, 2019 Retail 1 3,192 June 7, 2019 Office 1 30,589 June 26, 2019 Industrial 2 11,180 July 15, 2019 Restaurant 1 3,214 July 15, 2019 Industrial 1 11,330 July 31, 2019 Healthcare 5 27,277 August 27, 2019 Industrial 1 4,404 August 29, 2019 Industrial/Office 23 735,740 September 17, 2019 Industrial 1 11,185 October 31, 2019 Retail/Healthcare 3 12,922 November 7, 2019 Restaurant 1 3,142 November 20, 2019 Retail 1 7,385 November 22, 2019 Industrial 1 6,500 November 27, 2019 Retail 2 8,243 74 $ 1,031,881 (d) (c) In conjunction with this acquisition, the Company assumed a mortgage with a principal balance of $49,782 with an interest rate of 4.92% and a maturity date of February 2028 (d) Acquisition price does not include capitalized acquisition costs of $17,631. The Company closed on the following acquisitions during the year ended December 31, 2018: (in thousands, except number of properties) Number of Real Estate Date Property Type Properties Acquisition Price March 27, 2018 Industrial 1 $ 22,000 March 30, 2018 Industrial/Retail 26 78,530 April 30, 2018 Other 1 16,170 (e) June 6, 2018 Industrial 1 8,500 June 14, 2018 Industrial 1 39,700 June 14, 2018 Retail 6 14,479 June 21, 2018 Retail 1 20,231 June 21, 2018 Industrial 1 38,340 (f) June 29, 2018 Industrial 1 10,400 June 29, 2018 Retail 2 6,433 (g) July 12, 2018 Industrial 1 11,212 July 17, 2018 Retail 5 14,845 July 17, 2018 Office 1 34,670 August 6, 2018 Industrial 2 4,802 August 10, 2018 Retail 20 44,977 October 11, 2018 Healthcare 4 17,448 October 26, 2018 Industrial 1 8,816 October 31, 2018 Retail 1 2,016 November 30, 2018 Retail 3 5,357 December 4, 2018 Retail 2 6,036 December 6, 2018 Healthcare 6 46,100 December 12, 2018 Healthcare 1 20,312 December 20, 2018 Industrial 1 18,250 December 20, 2018 Healthcare 18 93,129 December 28, 2018 Industrial 1 10,035 December 28, 2018 Healthcare 5 14,037 113 $ 606,825 (h) ( e ) ( f ) August 2025 ( g ) ( h ) Subsequent to December 31, 2020, the Company closed on the following acquisition (see Note 21): (in thousands, except number of properties) Date Property Type Number of Properties Acquisition Price February 5, 2021 Healthcare 1 $ 4,843 |
Summary of Allocation of Purchase Price | The following table summarizes the Company’s allocation of the purchase price associated with the Internalization: (in thousands) Prepaid expenses and other assets $ 1,336 Right-of-use assets 1,898 Goodwill 339,769 Accounts payable and other liabilities (986 ) Operating lease liabilities (1,898 ) Debt (90,484 ) $ 249,635 The Company allocated the purchase price of these properties to the fair value of the assets acquired and liabilities assumed. The following table summarizes the purchase price allocation for completed real estate acquisitions: For the Year Ended December 31, (in thousands) 2020 2019 2018 Land $ 17,403 $ 161,182 $ 72,559 Land improvements 5,356 47,391 32,498 Buildings and improvements 64,116 772,998 454,391 Equipment — — 2,892 Acquired in-place leases ( i ) 8,346 80,952 62,631 Acquired above-market leases (j) 1,717 2,800 5,538 Acquired below-market leases (k) (428 ) (15,811 ) (11,471 ) Direct financing investments — — 430 Sales-type investments 574 — — Mortgages payable — (49,782 ) (20,845 ) Non-real estate liabilities — — (56 ) $ 97,084 $ 999,730 $ 598,567 ( i ) ( j ) ( k ) |
Sale of Real Estate (Tables)
Sale of Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Real Estate [Abstract] | |
Schedule of Sale of Real Estate | The Company closed on the following sales of real estate, none of which qualified as discontinued operations: For the Year Ended December 31, (in thousands, except number of properties) 2020 2019 2018 Number of properties disposed 24 49 20 Aggregate sale price $ 81,039 $ 176,486 $ 57,402 Aggregate carrying value (62,528 ) (138,845 ) (43,492 ) Additional sales expenses (3,526 ) (7,727 ) (3,414 ) Gain on sale of real estate $ 14,985 $ 29,914 $ 10,496 |
Investment in Rental Property_2
Investment in Rental Property and Lease Arrangements (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Leases [Abstract] | |
Rental Property Subject to Non-cancelable Operating Leases | Rental property subject to non-cancelable operating leases with tenants was as follows: December 31, (in thousands) 2020 2019 Land $ 555,748 $ 548,911 Land improvements 279,360 275,470 Buildings and improvements 2,857,510 2,850,571 Equipment 11,870 11,492 3,704,488 3,686,444 Less accumulated depreciation (349,977 ) (271,044 ) $ 3,354,511 $ 3,415,400 Depreciation expense on investment in rental property was as follows: For the Year Ended December 31, (in thousands) 2020 2019 2018 Depreciation $ 93,679 $ 83,797 $ 66,055 |
Estimated Lease Payments to be Received under Non-cancelable Operating Leases | Estimated lease payments to be received under non-cancelable operating leases with tenants at December 31, 2020 are as follows: (in thousands) 2021 $ 294,411 2022 297,715 2023 301,282 2024 297,325 2025 290,075 Thereafter 2,041,715 $ 3,522,523 |
Net Investment in Direct Financing Leases | The Company’s net investment in direct financing leases was comprised of the following: December 31, (in thousands) 2020 2019 Undiscounted estimated lease payments to be received $ 45,782 $ 72,753 Estimated unguaranteed residual values 15,203 20,358 Unearned revenue (31,753 ) (51,221 ) Reserve for credit losses (166 ) — Net investment in direct financing leases $ 29,066 $ 41,890 |
Direct Financing Leases, Lease Receivable Maturity | Undiscounted estimated lease payments to be received under non-cancelable direct financing leases with tenants at December 31, 2020 are as follows: (in thousands) 2021 $ 3,180 2022 3,241 2023 3,304 2024 3,361 2025 3,475 Thereafter 29,221 $ 45,782 |
Summary of Amounts Reported as Lease Revenues, Net on the Consolidated Statements of Income and Comprehensive Income | The following table summarizes amounts reported as Lease revenues, net on the Consolidated Statements of Income and Comprehensive Income: For the Year Ended December 31, (in thousands) 2020 2019 Contractual rental amounts billed for operating leases $ 281,998 $ 257,695 Adjustment to recognize contractual operating lease billings on a straight-line basis 20,965 22,109 Variable rental amounts earned 743 152 Earned income from direct financing leases 3,355 4,018 Earned income from sales-type leases 5 — Operating expenses billed to tenants 15,845 14,614 Other income from real estate transactions 799 668 Adjustment to revenue recognized for uncollectible rental amounts billed (2,073 ) (441 ) Total Lease revenues, net $ 321,637 $ 298,815 |
Intangible Assets and Liabili_2
Intangible Assets and Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Goodwill And Intangible Assets Disclosure [Abstract] | |
Schedule of Intangible Assets and Liabilities Relating to Amortization | The following is a summary of intangible assets and liabilities and related accumulated amortization: December 31, (in thousands) 2020 2019 Lease intangibles: Acquired above-market leases $ 54,616 $ 62,136 Less accumulated amortization (18,928 ) (17,433 ) Acquired above-market leases, net 35,688 44,703 Acquired in-place leases 340,958 349,645 Less accumulated amortization (85,733 ) (62,454 ) Acquired in-place leases, net 255,225 287,191 Total Intangible lease assets, net $ 290,913 $ 331,894 Acquired below-market leases $ 107,788 $ 113,862 Less accumulated amortization (28,135 ) (21,640 ) Intangible lease liabilities, net $ 79,653 $ 92,222 Leasing fees $ 15,462 $ 17,013 Less accumulated amortization (4,724 ) (4,166 ) Leasing fees, net $ 10,738 $ 12,847 |
Schedule of Amortization of Intangible Lease Assets and Liabilities | Amortization of intangible lease assets and liabilities was as follows: (in thousands) For the Year Ended December 31, Intangible Financial Statement Presentation 2020 2019 2018 Acquired in-place leases and leasing fees Depreciation and amortization $ 38,934 $ 25,021 $ 17,939 Above-market and below-market leases Lease revenues, net 1,127 3,419 304 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated future amortization of intangible assets and liabilities at December 31, 2020 is as follows: (in thousands) 2021 $ 24,621 2022 22,447 2023 22,135 2024 21,376 2025 20,080 Thereafter 111,339 $ 221,998 |
Unsecured Credit Agreements (Ta
Unsecured Credit Agreements (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Summary of Debt Issuance Cost Amortization | The following table summarizes debt issuance cost amortization For the Year Ended December 31, (in thousands) 2020 2019 2018 Debt issuance costs amortization $ 3,445 $ 2,685 $ 1,918 |
Unsecured Debt | |
Summary of Unsecured Credit Agreements | The following table summarizes the Company’s unsecured credit agreements: Outstanding Balance December 31, Interest Maturity (in thousands, except interest rates) 2020 2019 Rate (c) Date Revolving credit facilities (a) $ — $ 197,300 one-month LIBOR + 1.20% (d) 2020 Unsecured Term Loan (a) — 300,000 one-month LIBOR + 1.25% Feb. 2021 2022 Unsecured Term Loan (a) 60,000 — one-month LIBOR + 1.25% Feb. 2022 2023 Unsecured Term Loan (a) 265,000 265,000 one-month LIBOR + 1.35% Jan. 2023 2024 Unsecured Term Loan (a) 190,000 190,000 one-month LIBOR + 1.25% Jun. 2024 2026 Unsecured Term Loan (a) 450,000 450,000 one-month LIBOR + 1.85% Feb. 2026 Senior Notes (a) Series A 150,000 150,000 4.84% Apr. 2027 Series B 225,000 225,000 5.09% Jul. 2028 Series C 100,000 100,000 5.19% Jul. 2030 475,000 475,000 Total 1,440,000 1,877,300 Debt issuance costs, net (b) (6,204 ) (7,919 ) $ 1,433,796 $ 1,869,381 (a) The Company believes it was in compliance with all financial covenants for all periods presented. (b) Amounts presented include debt issuance costs, net, related to the unsecured term notes and senior notes only. (c) At December 31, 2020 and 2019, one-month LIBOR was 0.14% and 1.76%, respectively. (d) On September 4, 2020, the Company replaced its prior $600,000 revolving credit facility with a maturity date of January 2022, with a new $900,000 facility with a maturity date of September 2023. |
Mortgages and Notes Payable (Ta
Mortgages and Notes Payable (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Summary of Extinguished Mortgages | The following table summarizes the mortgages extinguished by the Company: For the Year Ended December 31, (in thousands, except number of mortgages) 2020 2019 2018 Number of mortgages 2 4 2 Outstanding balance of mortgages $ 1,132 $ 13,905 $ 6,666 |
Summary of Cost Extinguished Mortgages | The following table summarizes the cost of mortgage extinguishment: For the Year Ended December 31, (in thousands) 2020 2019 2018 Cost of mortgage extinguishment $ 25 $ 842 $ 101 |
Schedule of Estimated Future Principal Payments | Estimated future principal payments to be made under the above mortgage and note payable agreements, and the Company’s unsecured credit agreements (see Note 10) at December 31, 2020, are as follows: (in thousands) 2021 $ 18,006 2022 62,907 2023 272,582 2024 192,260 2025 20,195 Thereafter 981,717 $ 1,547,667 |
Secured Debt | |
Summary of Unsecured Credit Agreements | The Company’s mortgages and notes payable consist of the following: Origination Maturity (in thousands, except interest rates) Date Date Interest December 31, Lender (Month/Year) (Month/Year) Rate 2020 2019 Wilmington Trust National Association Apr-19 Feb-28 4.92% $ 47,945 $ 49,065 (a) (b) (c) (k) Wilmington Trust National Association Jun-18 Aug-25 4.36% 19,947 20,318 (a) (b) (c) (j) PNC Bank Oct-16 Nov-26 3.62% 17,498 17,885 (b) (c) Sun Life Mar-12 Oct-21 5.13% 10,469 10,888 (b) (f) Aegon Apr-12 Oct-23 6.38% 7,039 7,788 (b) (g) M&T Bank Oct-17 Aug-21 one - month LIBOR+3% 4,769 4,913 (b) (d) (h) (i) Note holders Dec-08 Dec-23 6.25% — 750 (d) Standard Insurance Co. Jul-10 Aug-30 6.75% — 544 (b) (c) (d) (e) 107,667 112,151 Debt issuance costs, net (285 ) (358 ) $ 107,382 $ 111,793 (a) Non-recourse debt includes the indemnification/guaranty of the Corporation and/or OP pertaining to fraud, environmental claims, insolvency and other matters. (b) Debt secured by related rental property and lease rents. (c) Debt secured by guaranty of the OP. (d) Debt secured by guaranty of the Corporation. (e) The interest rate (f) Mortgage was assumed in March 2012 as part of an UPREIT transaction. The debt was recorded at fair value at the time of the assumption. (g) Mortgage was assumed in April 2012 as part of the acquisition of the related property. The debt was recorded at fair value at the time of the assumption. (h) The Company entered into an interest rate swap agreement in connection with the mortgage note, as further described in Note 12. ( i ) Mortgage was assumed in October 2017 as part of an UPREIT transaction. The debt was recorded at fair value at the time of the assumption. (j) Mortgage was assumed in June 2018 as part of the acquisition of the related property. The debt was recorded at fair value at the time of assumption. (k) Mortgage was assumed in April 2019 as part of the acquisition of the related property. The debt was recorded at fair value at the time of assumption. |
Interest Rate Swaps (Tables)
Interest Rate Swaps (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Derivative Instruments And Hedging Activities Disclosure [Abstract] | |
Summary of Company's Outstanding Interest-rate Swap Agreement | The following is a summary of the Company’s outstanding interest rate swap agreements: Fair Value (in thousands, except interest rates) Fixed Notional December 31, Counterparty Maturity Date Rate Variable Rate Index Amount 2020 2019 Bank of America, N.A. November 2023 2.80 % one-month LIBOR $ 25,000 $ (1,848 ) $ (1,136 ) Bank of Montreal July 2024 1.16 % one-month LIBOR 40,000 (1,380 ) 740 Bank of Montreal January 2025 1.91 % one-month LIBOR 25,000 (1,725 ) (402 ) Bank of Montreal July 2025 2.32 % one-month LIBOR 25,000 (2,351 ) (970 ) Bank of Montreal January 2026 1.92 % one-month LIBOR 25,000 (2,039 ) (448 ) Bank of Montreal January 2026 2.05 % one-month LIBOR 40,000 (3,523 ) (1,014 ) Bank of Montreal December 2026 2.33 % one-month LIBOR 10,000 (1,156 ) (460 ) Bank of Montreal December 2026 1.99 % one-month LIBOR 25,000 (2,372 ) (577 ) Bank of Montreal December 2027 2.37 % one-month LIBOR 25,000 (3,234 ) (1,306 ) Bank of Montreal May 2029 2.09 % one-month LIBOR 25,000 (2,994 ) (799 ) Capital One, National Association December 2021 1.05 % one-month LIBOR 15,000 (141 ) 143 Capital One, National Association December 2024 1.58 % one-month LIBOR 15,000 (799 ) 10 Capital One, National Association January 2026 2.08 % one-month LIBOR 35,000 (3,078 ) (911 ) Capital One, National Association April 2026 2.68 % one-month LIBOR 15,000 (1,843 ) (944 ) Capital One, National Association July 2026 1.32 % one-month LIBOR 35,000 (1,806 ) 720 Capital One, National Association December 2027 2.37 % one-month LIBOR 25,000 (3,199 ) (1,278 ) M&T Bank August 2021 1.02 % one-month LIBOR 4,768 (25 ) 41 (a), (b) M&T Bank September 2022 2.83 % one-month LIBOR 25,000 (1,139 ) (862 ) M&T Bank November 2023 2.65 % one-month LIBOR 25,000 (1,785 ) (1,038 ) Regions Bank May 2020 2.12 % one-month LIBOR 50,000 — (104 ) Regions Bank December 2023 1.18 % one-month LIBOR 25,000 (763 ) 376 Regions Bank May 2029 2.11 % one-month LIBOR 25,000 (3,004 ) (827 ) Regions Bank June 2029 2.03 % one-month LIBOR 25,000 (2,843 ) (651 ) Truist Financial Corporation April 2024 1.99 % one-month LIBOR 25,000 (1,487 ) (451 ) Truist Financial Corporation April 2025 2.20 % one-month LIBOR 25,000 (2,084 ) (781 ) Truist Financial Corporation July 2025 1.99 % one-month LIBOR 25,000 (1,941 ) (524 ) Truist Financial Corporation December 2025 2.30 % one-month LIBOR 25,000 (2,481 ) (993 ) Truist Financial Corporation January 2026 1.93 % one-month LIBOR 25,000 (2,019 ) (458 ) U.S. Bank National Association June 2029 2.03 % one-month LIBOR 25,000 (2,902 ) (681 ) U.S. Bank National Association August 2029 1.35 % one-month LIBOR 25,000 (1,445 ) 881 Wells Fargo Bank, N.A. February 2021 2.39 % one-month LIBOR 35,000 (70 ) (302 ) Wells Fargo Bank, N.A. October 2024 2.72 % one-month LIBOR 15,000 (1,422 ) (795 ) Wells Fargo Bank, N.A. April 2027 2.72 % one-month LIBOR 25,000 (3,555 ) (1,845 ) Wells Fargo Bank, N.A. January 2028 2.37 % one-month LIBOR 75,000 (9,650 ) (3,914 ) $ (72,103 ) $ (21,560 ) (a) Notional amount at December 31, 2019 (b) Interest rate swap was assumed in October 2017 as part of an UPREIT transaction . |
Total Amounts Recognized and Location of Gain (Loss) in Condensed Consolidated Statement of Income and Comprehensive Income, from Converting from Variable Rates to Fixed Rates | The total amounts recognized, and the location in the accompanying Consolidated Statements of Income and Comprehensive Income, from converting from variable rates to fixed rates under these agreements were as follows: Total Interest Expense Amount of (Loss) Presented in the Gain Recognized in Reclassification from Accumulated Consolidated Statements Accumulated Other Other Comprehensive Loss of Income and (in thousands) Comprehensive Amount of (Loss) Comprehensive For the years ended December 31, Loss Location Gain Income 2020 $ (50,544 ) Interest expense $ (12,656 ) $ 76,138 2019 (37,372 ) Interest expense 1,492 72,534 2018 10,584 Interest expense (910 ) 52,855 |
Non-Controlling Interests (Tabl
Non-Controlling Interests (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Noncontrolling Interest [Abstract] | |
Schedule of OP Units Exchanged for Shares of Common Stock | The following table summarizes OP Units exchanged for shares of common stock: For the Year Ended December 31, (in thousands) 2020 2019 2018 OP Units exchanged 822 — 34 Shares of common stock received 822 — 34 Value of shares/units exchanged $ 15,631 $ — $ 684 |
Equity (Tables)
Equity (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Equity [Abstract] | |
Summary of Redemptions under Company's Share Redemption Program | The following table summarizes redemptions under the Company’s Share Redemption Program: For the years ended December 31, (in thousands, except number of redemptions) 2020 2019 2018 Number of redemptions requested — 96 50 Number of shares — 2,610 509 Aggregate redemption price $ — $ 54,599 $ 10,304 |
Stock-Based Compensation (Table
Stock-Based Compensation (Tables) - Restricted Stock | 12 Months Ended |
Dec. 31, 2020 | |
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | |
Summary of Restricted Stock Awards | The following table presents information about the Company’s restricted stock awards: For the Year Ended December 31, (in thousands, except recognition period) 2020 Compensation cost $ 1,989 Dividends declared on unvested restricted stock 131 December 31, 2020 Unamortized value of restricted stock awards $ 5,001 Weighted average amortization period (in years) 2.8 |
Summary of Restricted Stock Activity | The following table presents information about the Company’s restricted stock activity during the year ended December 31, 2020: (in thousands, except per share amounts) Number of Shares Weighted Average Grant Date Fair Value per Share Unvested at beginning of period — $ — Granted 341 20.50 Vested — — Forfeited — — Unvested at end of period 341 $ 20.50 |
Earnings per Share (Tables)
Earnings per Share (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Earnings Per Share [Abstract] | |
Summary of Components used in Calculation of Basic and Diluted Earnings per Share | The following table summarizes the components used in the calculation of basic and diluted earnings per share (“EPS”): For the Year Ended December 31, (in thousands, except per share amounts) 2020 2019 2018 Basic earnings: Net earnings attributable to Broadstone Net Lease, Inc. common shareholders $ 51,181 $ 79,394 $ 69,375 Less: earnings allocated to unvested restricted shares (131 ) — — Net earnings used to compute basic earnings per common share $ 51,050 $ 79,394 $ 69,375 Diluted earnings: Net earnings used to compute basic earnings per share $ 51,050 $ 79,394 $ 69,375 Net earnings attributable to non-controlling interests 5,095 5,720 5,730 Net earnings used to compute diluted earnings per common share $ 56,145 $ 85,114 $ 75,105 Weighted average number of common shares outstanding: 117,289 95,917 80,967 Less: weighted average unvested restricted shares (a) (139 ) — — Weighted average number of common shares outstanding used in basic earnings per common share 117,150 95,917 80,967 Effects of convertible membership units (b) 11,649 6,948 6,674 Weighted average number of common shares outstanding used in diluted earnings per common share 128,799 102,865 87,641 Basic earnings per share $ 0.44 $ 0.83 $ 0.86 Diluted earnings per share $ 0.44 $ 0.83 $ 0.86 (a) Represents the weighted average effects of 341 unvested restricted shares of common stock as of December 31, 2020, which will be excluded from the computation of earnings per share until they vest. The shares of restricted common stock were not included in the calculation of diluted earnings per share, as the effect of doing so would have been anti-dilutive (b) Represents the weighted average effects of 11,399, 6,948, and 6,948 OP Units outstanding at December 31, 2020, 2019, and 2018, respectively. OP Units are included in the diluted earnings per share calculation. However, because such OP Units would also require that the share of the OP income attributable to such OP units also be added back to net income, there is no effect to EPS. |
Income Taxes (Tables)
Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Income Tax Disclosure [Abstract] | |
Schedule of Distributions Characterized as Ordinary Dividends Capital Gain and Nontaxable | For federal income tax purposes, distributions to stockholders are characterized as ordinary dividends, capital gain distributions, or return of capital distributions. Return of capital distributions will reduce stockholders’ basis in their shares, but not below zero. The portion of the distribution that exceeds the adjusted basis of the stock will be treated as gain from the sale or exchange of property. The following table shows the character of the distributions the Company paid on a percentage basis: For the Year Ended December 31, Character of Distributions 2020 2019 2018 Ordinary dividends 89 % 43 % 55 % Capital gain distributions 7 % 8 % 8 % Return of capital distributions 4 % 49 % 37 % 100 % 100 % 100 % |
Commitments and Contingencies (
Commitments and Contingencies (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Commitments And Contingencies Disclosure [Abstract] | |
Summary of Tenant Improvement Allowances Included in Accounts Payable and Other Liabilities | Balances associated with tenant improvement allowances are included in Accounts payable and other liabilities on the Consolidated Balance Sheets as follows: December 31, (in thousands) 2020 2019 Tenant improvement allowances $ 1,981 $ 2,706 |
Summary of Total Lease Costs Associated with Operating Leases | The following table summarizes the total lease costs associated with operating leases: For the Year Ended December 31, (in thousands) Financial Statement Presentation 2020 2019 2018 Operating lease costs Office leases General and administrative $ 517 $ — $ — Ground leases Property and operating expense 133 139 59 Variable lease costs Ground leases Property and operating expense 61 46 23 Total lease costs $ 711 $ 185 $ 82 |
Summary of Payments Associated with Obligations Under Operating Leases | The following table summarizes payments associated with obligations under operating leases, reported as Cash flows from operating activities on the accompanying Consolidated Statements of Cash Flows: For the Year Ended December 31, (in thousands) 2020 2019 2018 Operating lease payments $ 666 $ 158 $ 52 |
Summary of Estimated Future Lease Payments Required Under Non-cancelable Operating Leases as well as Reconciliation to Lease Liabilities | Estimated future lease payments required under non-cancelable operating leases at December 31, 2020, and a reconciliation to the lease liabilities, is as follows: (in thousands) 2021 $ 719 2022 686 2023 505 2024 120 2025 121 Thereafter 2,290 Total undiscounted cash flows 4,441 Less imputed interest (1,782 ) Lease liabilities $ 2,659 |
Selected Quarterly Results (u_2
Selected Quarterly Results (unaudited) (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Quarterly Financial Data [Abstract] | |
Summary of the Company's Unaudited Quarterly Financial Information | Presented below is a summary of the Company’s unaudited quarterly financial information for the years ended December 31, 2020 and 2019. Amounts have been updated to reflect the Company’s four-for-one stock split on September 18, 2020. For the Quarter Ended (in thousands, except per share) March 31, 2020 June 30, 2020 September 30, 2020 December 2020 Lease revenues $ 78,231 $ 80,371 $ 80,744 $ 82,291 Net income $ 11,848 $ 17,098 $ 9,711 $ 17,619 Net income attributable to non-controlling interests (1,032 ) (1,745 ) (961 ) (1,357 ) Net income attributable to Broadstone Net Lease, Inc. $ 10,816 $ 15,353 $ 8,750 $ 16,262 Net earnings per share attributable to common stockholders basic and diluted $ 0.10 $ 0.14 $ 0.08 $ 0.11 Weighted average number of common shares outstanding Basic 106,108 107,422 111,155 143,916 Diluted 116,210 119,648 123,381 155,956 For the Quarter Ended (in thousands, except per share) March 31, 2019 June 30, 2019 September 30, 2019 December 2019 Lease revenues $ 68,430 $ 69,053 $ 76,401 $ 84,931 Net income $ 15,022 $ 17,342 $ 25,038 $ 27,712 Net income attributable to non-controlling interests (1,084 ) (1,208 ) (1,650 ) (1,778 ) Net income attributable to Broadstone Net Lease, Inc. $ 13,938 $ 16,134 $ 23,388 $ 25,934 Net earnings per share attributable to common stockholders basic and diluted $ 0.16 $ 0.17 $ 0.24 $ 0.25 Weighted average number of common shares outstanding Basic 89,340 92,818 98,568 102,941 Diluted 96,288 99,766 105,516 109,889 |
Business Description - Addition
Business Description - Additional Information (Detail) | Oct. 20, 2020$ / sharesshares | Sep. 21, 2020$ / sharesshares | Sep. 18, 2020$ / sharesshares | Feb. 07, 2020USD ($) | Dec. 31, 2020USD ($)PropertyState$ / sharesshares | Dec. 31, 2019USD ($)$ / sharesshares | Dec. 31, 2018shares |
Business Description [Line Items] | |||||||
Date of incorporation | Oct. 18, 2007 | ||||||
Number of leased commercial properties owned | Property | 640 | ||||||
Number of States in which properties located | State | 41 | ||||||
Internalization fees | $ | $ 3,705,000 | $ 3,658,000 | |||||
Common stock, shares outstanding | 26,944,000 | 108,609,000 | 104,006,000 | ||||
Common stock, par value | $ / shares | $ 0.001 | $ 0.00025 | $ 0.00025 | ||||
Class A Common Stock | |||||||
Business Description [Line Items] | |||||||
Common stock, shares outstanding | 37,000,000 | 0 | |||||
Common stock, par value | $ / shares | $ 0.00025 | ||||||
Issuance of shares of common stock, shares | 37,000,000 | ||||||
IPO | |||||||
Business Description [Line Items] | |||||||
Common stock, par value | $ / shares | $ 0.00025 | ||||||
Issuance of shares of common stock, shares | 33,500,000 | ||||||
Offering price | $ / shares | $ 17 | ||||||
IPO | Class A Common Stock | |||||||
Business Description [Line Items] | |||||||
Issuance of shares of common stock, shares | 3,500,000 | ||||||
Offering price | $ / shares | $ 17 | ||||||
Shares purchased by underwriters | 3,500,000 | ||||||
IPO | Class A Common Stock | Maximum | |||||||
Business Description [Line Items] | |||||||
Shares purchased by underwriters | 5,025,000 | ||||||
Common Stock | |||||||
Business Description [Line Items] | |||||||
Stock split | 4 | ||||||
Issuance of shares of common stock, shares | 659,000 | 18,560,000 | 12,930,000 | ||||
Property Management Agreement and Asset Management Agreement | Merger Agreement | |||||||
Business Description [Line Items] | |||||||
Internalization fees | $ | $ 0 | ||||||
British Columbia, Canada | |||||||
Business Description [Line Items] | |||||||
Number of leased commercial properties owned | State | 1 |
Business Description - Summary
Business Description - Summary of Outstanding Equity and Economic Ownership Interest (Detail) - shares shares in Thousands | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Business Description [Line Items] | |||
OP Units | 4,455 | 6,948 | |
Broadstone Net Lease, LLC | |||
Business Description [Line Items] | |||
Percent Ownership of OP, Shares of Common Stock | 92.70% | 93.70% | 92.70% |
Percent Ownership of OP, OP Units | 7.30% | 6.30% | 7.30% |
Percent Ownership of OP, Total Diluted Shares | 100.00% | 100.00% | 100.00% |
Ownership Interest | |||
Business Description [Line Items] | |||
Shares of Common Stock | 145,609 | 104,006 | 88,055 |
OP Units | 11,399 | 6,948 | 6,948 |
Total Diluted Shares | 157,008 | 110,954 | 95,003 |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies - Additional Information (Detail) | Aug. 04, 2020shares | Dec. 31, 2020USD ($)Reporting_unitTrancheshares | Dec. 31, 2019USD ($) | Dec. 31, 2018USD ($) | Feb. 07, 2020USD ($) | Jan. 01, 2020USD ($) |
Significant Accounting Policies [Line Items] | ||||||
Additional impairment charges | $ 0 | |||||
Impairment of real estate assets | $ 19,077,000 | $ 3,452,000 | $ 2,061,000 | |||
Number of reporting units | Reporting_unit | 1 | |||||
Obligation to fund capital improvements | $ 0 | |||||
Fair value of contingent consideration recorded in stockholders equity | 30,810,000 | |||||
Fair value of earnout consideration | $ 7,509,000 | 0 | $ 40,119,000 | |||
Percentage of income tax benefit likely of being realized upon settlement | more than 50% | |||||
Uncertain tax positions | $ 0 | $ 0 | $ 0 | |||
Provision for credit loss | $ 323,000 | |||||
Restricted Stock | ||||||
Significant Accounting Policies [Line Items] | ||||||
Number of shares of restricted stock awarded | shares | 341,000 | |||||
2020 Equity Incentive Plan | Restricted Stock | ||||||
Significant Accounting Policies [Line Items] | ||||||
Number of shares of restricted stock awarded | shares | 341,000 | |||||
Broadstone Net Lease, LLC | ||||||
Significant Accounting Policies [Line Items] | ||||||
Percent Ownership of OP, OP Units | 7.30% | 6.30% | 7.30% | |||
Minimum | ||||||
Significant Accounting Policies [Line Items] | ||||||
Lease term | 9 years | |||||
Maximum | ||||||
Significant Accounting Policies [Line Items] | ||||||
Lease term | 29 years | |||||
Maximum | 2020 Equity Incentive Plan | ||||||
Significant Accounting Policies [Line Items] | ||||||
Number of equity awards granted | shares | 9,000,000 | |||||
Earnout Liability | ||||||
Significant Accounting Policies [Line Items] | ||||||
Fair value of contingent consideration recorded in stockholders equity | $ 18,436,000 | |||||
Number of tranches | Tranche | 4 | |||||
Earnout Liability | Tranche Three and Four | ||||||
Significant Accounting Policies [Line Items] | ||||||
Number of shares issuable in future | shares | 726,000 | |||||
Number of OP units issuable in future | shares | 1,240,000 | |||||
Earnout Liability | Tranche First and Second | ||||||
Significant Accounting Policies [Line Items] | ||||||
Number of shares issuable in future | shares | 363,000 | |||||
Number of OP units issuable in future | shares | 619,000 | |||||
Fair value of earnout consideration | $ 12,374,000 | |||||
IPO | ||||||
Significant Accounting Policies [Line Items] | ||||||
Deferred offering costs | $ 668,000 |
Summary of Significant Accoun_5
Summary of Significant Accounting Policies - Summary of Estimated Useful Life of Asset (Detail) | 12 Months Ended |
Dec. 31, 2020 | |
Land Improvements | |
Property, Plant and Equipment [Line Items] | |
Assets estimated useful life | 15 years |
Buildings and Improvements | Minimum | |
Property, Plant and Equipment [Line Items] | |
Assets estimated useful life | 15 years |
Buildings and Improvements | Maximum | |
Property, Plant and Equipment [Line Items] | |
Assets estimated useful life | 39 years |
Equipment | |
Property, Plant and Equipment [Line Items] | |
Assets estimated useful life | 7 years |
Summary of Significant Accoun_6
Summary of Significant Accounting Policies - Summary of Components of Restricted Cash (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 |
Cash And Cash Equivalents [Abstract] | ||||
Escrow funds and other | $ 7,852 | $ 2,311 | ||
Undistributed 1031 proceeds | 2,390 | 5,545 | ||
Restricted cash | $ 10,242 | $ 7,856 | $ 377 | $ 744 |
Summary of Significant Accoun_7
Summary of Significant Accounting Policies - Summary of Rents Received in Advance (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Revenue From Contract With Customer [Abstract] | ||
Rent received in advance | $ 13,651 | $ 13,368 |
Summary of Significant Accoun_8
Summary of Significant Accounting Policies - Summary of Changes in the Provisions for Uncollectible Rent (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Accounts Notes Loans And Financing Receivable Gross Allowance And Net [Abstract] | |||
Balance as of January 1 | $ 0 | $ 2,086 | $ 742 |
Provision for uncollectible rent | 2,073 | 441 | 1,521 |
Write-offs / Recoveries | (1,872) | (2,527) | (177) |
Balance as of December 31 | $ 201 | $ 0 | $ 2,086 |
Summary of Significant Accoun_9
Summary of Significant Accounting Policies - Summary of Tenant and Capital Reserves (Detail) - Accounts Payable and Other Liabilities [Member] - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Significant Accounting Policies [Line Items] | ||
Tenant reserve | $ 1,070 | $ 922 |
Capital reserve | 1,001 | 872 |
Tenant and capital reserves | $ 2,071 | $ 1,794 |
Summary of Significant Accou_10
Summary of Significant Accounting Policies - Summary of Debt Issuance Costs on Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Unsecured Revolving Credit Facility | ||
Debt Issuance Costs Net Alternative [Line Items] | ||
Debt issuance costs | $ 9,708 | $ 4,692 |
Less accumulated amortization | (3,273) | (2,312) |
Debt issuance costs, net | 6,435 | 2,380 |
Mortgage And Notes Payable | ||
Debt Issuance Costs Net Alternative [Line Items] | ||
Debt issuance costs | 636 | 667 |
Less accumulated amortization | (351) | (309) |
Debt issuance costs, net | 285 | 358 |
Unsecured Term Notes | ||
Debt Issuance Costs Net Alternative [Line Items] | ||
Debt issuance costs | 9,076 | 9,898 |
Less accumulated amortization | (2,872) | (1,979) |
Debt issuance costs, net | $ 6,204 | $ 7,919 |
Summary of Significant Accou_11
Summary of Significant Accounting Policies - Summary of Significant Unobservable Inputs Used to Estimate Fair Value of Earnout Liability (Detail) - Fair Value Inputs Level3 [Member] | Feb. 07, 2020$ / shares | Dec. 31, 2020 |
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items] | ||
Weighted Average Assumption Used, Expected IPO date | Apr. 15, 2020 | |
Range, Expected IPO date | March 2020 through May 2020 | |
Measurement Input, Price Volatility [Member] | ||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items] | ||
Weighted Average Assumption Used, Company's net asset value per diluted share | $ 21.30 | |
Weighted Average [Member] | Measurement Input, Price Volatility [Member] | ||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items] | ||
Weighted Average Assumption Used, Peer stock price volatility | 0.200 | 0.400 |
Minimum | Measurement Input, Price Volatility [Member] | ||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items] | ||
Weighted Average Assumption Used, Peer stock price volatility | 0.1622 | 0.2592 |
Maximum | Measurement Input, Price Volatility [Member] | ||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items] | ||
Weighted Average Assumption Used, Peer stock price volatility | 0.2309 | 0.5590 |
Summary of Significant Accou_12
Summary of Significant Accounting Policies - Summary of Significant Unobservable Inputs Used to Estimate Fair Value of Earnout Liability (Detail)(Parenthetical) - Measurement Input, Price Volatility [Member] - Fair Value Inputs Level3 [Member] | Feb. 07, 2020 |
Minimum | |
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | |
Market capitalization rate | 6.05% |
Maximum | |
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | |
Market capitalization rate | 7.09% |
Summary of Significant Accou_13
Summary of Significant Accounting Policies - Summary of Reconciliation of Change in Earnout Liability (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2020USD ($) | |
Fair Value Disclosures [Abstract] | |
Beginning balance | $ 0 |
Allocation of Internalization purchase price at February 7, 2020 | 40,119 |
Change in fair value subsequent to Internalization | (1,800) |
Reclassification as a component of additional paid-in capital and non-controlling interests | (30,810) |
Ending balance | $ 7,509 |
Summary of Significant Accou_14
Summary of Significant Accounting Policies - Balances of Financial Instruments Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Feb. 07, 2020 | Dec. 31, 2019 |
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | |||
Interest rate swap, liabilities | $ (72,103) | $ (24,471) | |
Earnout liability | (7,509) | $ (40,119) | 0 |
Interest rate swap, assets | 2,911 | ||
Fair Value, Measurements, Recurring | |||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | |||
Interest rate swap, liabilities | (72,103) | (24,471) | |
Earnout liability | (7,509) | ||
Interest rate swap, assets | 2,911 | ||
Fair Value, Measurements, Recurring | Level 2 | |||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | |||
Interest rate swap, liabilities | (72,103) | (24,471) | |
Interest rate swap, assets | $ 2,911 | ||
Fair Value, Measurements, Recurring | Fair Value Inputs Level3 [Member] | |||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | |||
Earnout liability | $ (7,509) |
Summary of Significant Accou_15
Summary of Significant Accounting Policies - Summary of Carrying Amount Reported on Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Summary Of Significant Accounting Policies [Abstract] | ||
Carrying amount | $ 1,547,667 | $ 1,989,451 |
Fair value | $ 1,679,188 | $ 2,047,860 |
Summary of Significant Accou_16
Summary of Significant Accounting Policies - Summary of Right-of-Use Assets And Lease Liabilities Associated With Operating Leases Included In Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Accounting Policies [Abstract] | ||
Right-of-use assets | $ 3,075 | $ 1,614 |
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] | us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember | us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember |
Lease liabilities | $ 2,659 | $ 1,209 |
Operating Lease, Liability, Statement of Financial Position [Extensible List] | us-gaap:AccountsPayableAndAccruedLiabilitiesMember | us-gaap:AccountsPayableAndAccruedLiabilitiesMember |
Related Party Transactions - Ad
Related Party Transactions - Additional Information (Detail) $ / shares in Units, shares in Thousands | Feb. 28, 2020USD ($)ft²RenewalOption | Jul. 31, 2018USD ($) | Jun. 30, 2015USD ($)shares | Dec. 31, 2020USD ($)Propertyshares | Dec. 31, 2019USD ($)$ / sharesshares | Dec. 31, 2018USD ($)shares | Feb. 07, 2020USD ($) |
Related Party Transaction [Line Items] | |||||||
Gross rental percentage | 1.00% | ||||||
Number of leased commercial properties owned | Property | 640 | ||||||
Maximum tax liability | $ 10,000,000 | ||||||
Fair value of earnout liability | $ 7,509,000 | $ 0 | $ 40,119,000 | ||||
Issuance of shares of common stock | $ 6,795,000 | 395,091,000 | $ 268,496,000 | ||||
Preferred distribution income | 440,000 | ||||||
Redemptions of common stock value | 34,599,000 | $ 10,204,000 | |||||
Issuance of shares common stock upon conversion of OP units | shares | 822 | 34 | |||||
Number of OP units exchanged | shares | 822 | 34 | |||||
Conversion of OP Units to shares of common stock | $ 15,631,000 | ||||||
Additional Paid-in Capital | |||||||
Related Party Transaction [Line Items] | |||||||
Fair value of earnout consideration | 11,380,000 | ||||||
Issuance of shares of common stock | 6,795,000 | 395,086,000 | $ 268,478,000 | ||||
Conversion of OP Units to shares of common stock | 15,631,000 | 684,000 | |||||
Non-controlling Interests | |||||||
Related Party Transaction [Line Items] | |||||||
Fair value of earnout consideration | 19,430,000 | ||||||
Conversion of OP Units to shares of common stock | (15,631,000) | (684,000) | |||||
Manager and Asset Manager | |||||||
Related Party Transaction [Line Items] | |||||||
Unpaid management fees due to related parties | $ 0 | $ 0 | |||||
Clinton Asset Holdings Associates, L.P. | Chairman and Member of Board of Directors | |||||||
Related Party Transaction [Line Items] | |||||||
Ownership percentage | 1.60% | ||||||
Office space leases in square feet | ft² | 24,072 | ||||||
Lease expiry date | Aug. 31, 2023 | ||||||
Number of renewal options | RenewalOption | 2 | ||||||
Lease renewal term | 5 years | ||||||
Annual rent | $ 558,000 | ||||||
Percentage increase in annual rent | 2.00% | ||||||
BRE | |||||||
Related Party Transaction [Line Items] | |||||||
Issuance of shares of common stock, shares | shares | 556 | ||||||
Issuance of shares of common stock | $ 10,000,000 | ||||||
Percentage of ownership in related party at the time of transaction | 6.40% | ||||||
Investment in related party | $ 10,000,000 | ||||||
Preferred distribution income | $ 440,000 | ||||||
Redemption of common stock | shares | 941 | ||||||
Redemptions of common stock value | $ 20,000,000 | ||||||
Redemption price per share | $ / shares | $ 21.25 | ||||||
BRE | Non-Voting Convertible Preferred Units | |||||||
Related Party Transaction [Line Items] | |||||||
Shares received in exchange of share issued | shares | 100 | ||||||
Conversion period of preferred unit, Start date | Jan. 1, 2018 | ||||||
Conversion period of preferred unit, End date | Dec. 31, 2019 | ||||||
Preferred units aggregate sales price | $ 18,500,000 | ||||||
Percentage of annual preferred return of units | 7.00% | ||||||
Percentage of Increase in annual preferred return of units | 0.25% | ||||||
Affiliated Third Party | |||||||
Related Party Transaction [Line Items] | |||||||
Issuance of shares common stock upon conversion of OP units | shares | 822 | ||||||
Number of OP units exchanged | shares | 822 | ||||||
Conversion of OP Units to shares of common stock | $ 15,631,000 | ||||||
Affiliated Third Party | Chairman and Member of Board of Directors | |||||||
Related Party Transaction [Line Items] | |||||||
Ownership percentage, directly owned | 7.50% | ||||||
Ownership percentage, indirectly owned | 30.00% | ||||||
Asset Management Agreement | |||||||
Related Party Transaction [Line Items] | |||||||
Receivable interest rate | 0.25% | ||||||
Interest rate paid from proceed | 0.50% | ||||||
Asset Management Agreement | Amendment Details Two | |||||||
Related Party Transaction [Line Items] | |||||||
Percentage of gross sale price received | 1.00% | ||||||
Asset Management Agreement | Amendment Details | |||||||
Related Party Transaction [Line Items] | |||||||
Property management fee payable | $ 0 | ||||||
Termination fees | $ 0 | ||||||
Percentage of gross purchase price paid | 1.00% | ||||||
Asset Management Agreement | Amendment Details One | |||||||
Related Party Transaction [Line Items] | |||||||
Percentage of gross purchase price paid | 2.00% | ||||||
Property Management Agreement | |||||||
Related Party Transaction [Line Items] | |||||||
Property management fee payable | $ 0 | ||||||
Termination fees | $ 0 | ||||||
Property Management Agreement | Existing Tenant | |||||||
Related Party Transaction [Line Items] | |||||||
Existing rental property re-leasing fees term | 1 month | ||||||
Property Management Agreement | New Tenant | |||||||
Related Party Transaction [Line Items] | |||||||
Existing rental property re-leasing fees term | 2 months | ||||||
Property Management Agreement | 3% Gross Rentals Property | |||||||
Related Party Transaction [Line Items] | |||||||
Gross rental percentage | 3.00% | ||||||
Property Management Agreement | 5% Gross Rentals Property | |||||||
Related Party Transaction [Line Items] | |||||||
Gross rental percentage | 5.00% | ||||||
Number of leased commercial properties owned | Property | 1 |
Related Party Transactions - Ma
Related Party Transactions - Management Fees Incurred With Related Parties (Detail) - Property Management Agreement and Asset Management Agreement - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | $ 3,845 | $ 44,695 | $ 33,739 |
Asset Management Agreement | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 2,461 | 21,863 | 18,173 |
Property Management Fee | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 1,275 | 8,256 | 6,529 |
Management Fee Expense | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 3,736 | 30,119 | 24,702 |
Marketing Fee (Offering Costs) | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 1,649 | 1,158 | |
Acquisition Fee | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 10,319 | 5,907 | |
Leasing Fee and Re-leasing Fees | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 843 | 1,399 | |
Disposition Fee | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | $ 109 | $ 1,765 | $ 573 |
Internalization - Additional In
Internalization - Additional Information (Detail) shares in Thousands | Feb. 07, 2020USD ($)Trancheshares | Dec. 31, 2020USD ($) | Dec. 31, 2019USD ($) |
Internalization [Line Items] | |||
Base consideration | $ 209,516,000 | ||
Debt | 90,484,000 | $ 90,484,000 | |
Payment of cash at earnout milestone | 12,350,000 | ||
Earnout liability | 40,119,000 | 7,509,000 | $ 0 |
Goodwill | 339,769,000 | 339,769,000 | |
Repayment of debt | 90,484,000 | ||
Debt instrument, face amount | 60,000,000 | ||
Internalization fees | 3,705,000 | 3,658,000 | |
Incremental internalization revenues | $ 0 | ||
Incremental expenses | 20,463,000 | ||
Elimination of Internalization Expenses and Asset Management, Property Management, and Disposition Fees and Adjustments to Reflect Compensation and Related Cost, Incremental General and Administrative and Interest Expense | Internalization Expenses | |||
Internalization [Line Items] | |||
Business combination pro forma adjustments income | $ 4,507,000 | $ 14,522,000 | |
Common Stock | |||
Internalization [Line Items] | |||
Additional common stock to be issued at earnout milestones | shares | 1,089 | ||
Estimated fair value of potential earnout consideration | $ 33,511,000 | ||
OP Units | |||
Internalization [Line Items] | |||
Additional OP units to be issued at earnout milestones | shares | 1,859 | ||
Estimated fair value of potential earnout consideration | $ 6,608,000 | ||
Merger Agreement | |||
Internalization [Line Items] | |||
Number of tranches | Tranche | 4 | ||
VWAP per REIT Share Days | 40 days | ||
Merger Agreement | Tranche One | |||
Internalization [Line Items] | |||
Additional consideration payable | $ 10,000,000 | ||
Merger Agreement | Tranche Two | |||
Internalization [Line Items] | |||
Additional consideration payable | 15,000,000 | ||
Merger Agreement | Tranche Three | |||
Internalization [Line Items] | |||
Additional consideration payable | 25,000,000 | ||
Merger Agreement | Tranche Four | |||
Internalization [Line Items] | |||
Additional consideration payable | 25,000,000 | ||
Maximum | |||
Internalization [Line Items] | |||
Additional consideration payable | 75,000,000 | ||
Maximum | Merger Agreement | |||
Internalization [Line Items] | |||
Additional consideration payable | $ 75,000,000 |
Internalization - Schedule of B
Internalization - Schedule of Base Consideration - (Detail) - USD ($) $ in Thousands | Feb. 07, 2020 | Dec. 31, 2020 |
Business Acquisition Contingent Consideration [Line Items] | ||
Cash | $ 30,981 | |
Base consideration | 209,516 | |
Initial estimate of fair value of earnout liability | 40,119 | $ (1,800) |
Total consideration | 249,635 | |
Common Stock | ||
Business Acquisition Contingent Consideration [Line Items] | ||
Amount of equity interest issued or issuable in a business combination | 66,376 | |
OP Units | ||
Business Acquisition Contingent Consideration [Line Items] | ||
Amount of equity interest issued or issuable in a business combination | $ 112,159 |
Internalization - Schedule of_2
Internalization - Schedule of Base Consideration (Parenthetical) - (Detail) - shares | Dec. 31, 2020 | Feb. 07, 2020 | Dec. 31, 2019 |
Business Acquisition Contingent Consideration [Line Items] | |||
Common stock, shares issued | 108,609,000 | 104,006,000 | |
Common Stock | |||
Business Acquisition Contingent Consideration [Line Items] | |||
Common stock, shares issued | 3,124,000 | ||
OP Units | |||
Business Acquisition Contingent Consideration [Line Items] | |||
Operating partnership units | 5,278,000 |
Internalization - Summary of Ea
Internalization - Summary of Earnout Tranches, Applicable VWAP of REIT Share and Applicable Earnout Periods (Detail) - Merger Agreement - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | Feb. 07, 2020 | Dec. 31, 2020 |
Tranche One | ||
Internalization [Line Items] | ||
Additional consideration payable | $ 10,000 | |
Number of Shares and OP Units Payable | 393 | |
Approximate Amount of Cash | $ 1,646 | |
40-Day VWAP of a REIT Share | $ 22.50 | |
Applicable Earnout Period | September 2020 - September 2022 | |
Tranche Two | ||
Internalization [Line Items] | ||
Additional consideration payable | $ 15,000 | |
Number of Shares and OP Units Payable | 589 | |
Approximate Amount of Cash | $ 2,470 | |
40-Day VWAP of a REIT Share | $ 23.75 | |
Applicable Earnout Period | September 2020 - September 2022 | |
Tranche Three | ||
Internalization [Line Items] | ||
Additional consideration payable | $ 25,000 | |
Number of Shares and OP Units Payable | 983 | |
Approximate Amount of Cash | $ 4,117 | |
40-Day VWAP of a REIT Share | $ 24.375 | |
Applicable Earnout Period | September 2021 - September 2025 | |
Tranche Four | ||
Internalization [Line Items] | ||
Additional consideration payable | $ 25,000 | |
Number of Shares and OP Units Payable | 983 | |
Approximate Amount of Cash | $ 4,117 | |
40-Day VWAP of a REIT Share | $ 25 | |
Applicable Earnout Period | September 2021 - September 2025 |
Internalization - Summary of _2
Internalization - Summary of Earnout Tranches, Applicable VWAP of REIT Share and Applicable Earnout Periods (Parenthetical) (Detail) | Feb. 07, 2020$ / shares |
Merger Agreement | |
Internalization [Line Items] | |
Price per share or unit | $ 21.25 |
Internalization - Summary of Al
Internalization - Summary of Allocation of Purchase Price (Detail) - USD ($) $ in Thousands | Feb. 07, 2020 | Dec. 31, 2020 |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net [Abstract] | ||
Prepaid expenses and other assets | $ 1,336 | |
Right-of-use assets | 1,898 | |
Goodwill | 339,769 | $ 339,769 |
Accounts payable and other liabilities | (986) | |
Operating lease liabilities | (1,898) | |
Debt | (90,484) | $ (90,484) |
Total consideration | $ 249,635 |
Internalization - Schedule of P
Internalization - Schedule of Pro Forma Financial Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Business Acquisition Pro Forma Information [Abstract] | ||
Revenues | $ 321,637 | $ 298,815 |
Net income | $ 60,783 | $ 99,636 |
Acquisitions of Rental Proper_3
Acquisitions of Rental Property - Acquisitions of Rental Property Closed - (Detail) $ in Thousands | Feb. 05, 2021USD ($)Property | Dec. 30, 2020USD ($)Property | Dec. 29, 2020USD ($)Property | Dec. 28, 2020USD ($)Property | Dec. 23, 2020USD ($)Property | Dec. 07, 2020USD ($)Property | Nov. 13, 2020USD ($)Property | Nov. 27, 2019USD ($)Property | Nov. 22, 2019USD ($)Property | Nov. 20, 2019USD ($)Property | Nov. 07, 2019USD ($)Property | Oct. 31, 2019USD ($)Property | Sep. 17, 2019USD ($)Property | Aug. 29, 2019USD ($)Property | Aug. 27, 2019USD ($)Property | Jul. 31, 2019USD ($)Property | Jul. 15, 2019USD ($)Property | Jun. 26, 2019USD ($)Property | Jun. 07, 2019USD ($)Property | May 31, 2019USD ($)Property | May 21, 2019USD ($)Property | Apr. 30, 2019USD ($)Property | Mar. 26, 2019USD ($)Property | Mar. 19, 2019USD ($)Property | Mar. 15, 2019USD ($)Property | Mar. 12, 2019USD ($)Property | Jan. 31, 2019USD ($)Property | Dec. 28, 2018USD ($)Property | Dec. 20, 2018USD ($)Property | Dec. 12, 2018USD ($)Property | Dec. 06, 2018USD ($)Property | Dec. 04, 2018USD ($)Property | Nov. 30, 2018USD ($)Property | Oct. 31, 2018USD ($)Property | Oct. 26, 2018USD ($)Property | Oct. 11, 2018USD ($)Property | Aug. 10, 2018USD ($)Property | Aug. 06, 2018USD ($)Property | Jul. 17, 2018USD ($)Property | Jul. 12, 2018USD ($)Property | Jun. 29, 2018USD ($)Property | Jun. 21, 2018USD ($)Property | Jun. 14, 2018USD ($)Property | Jun. 06, 2018USD ($)Property | Apr. 30, 2018USD ($)Property | Mar. 30, 2018USD ($)Property | Mar. 27, 2018USD ($)Property | Dec. 31, 2020USD ($)Property | Dec. 31, 2019USD ($)Property | Dec. 31, 2018USD ($)Property |
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 19 | 74 | 113 | |||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 95,812 | $ 1,031,881 | $ 606,825 | |||||||||||||||||||||||||||||||||||||||||||||||
Healthcare | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | ||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 5 | 1 | 5 | 18 | 1 | 6 | 4 | ||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 4,950 | $ 27,277 | $ 4,747 | $ 14,037 | $ 93,129 | $ 20,312 | $ 46,100 | $ 17,448 | ||||||||||||||||||||||||||||||||||||||||||
Healthcare | Subsequent Event | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Healthcare | |||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | |||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 4,843 | |||||||||||||||||||||||||||||||||||||||||||||||||
Industrial | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | Industrial | |||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 1 | 8 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 8,050 | $ 36,473 | $ 28,000 | $ 6,500 | $ 11,185 | $ 4,404 | $ 11,330 | $ 11,180 | $ 76,000 | $ 25,801 | $ 10,217 | $ 10,035 | $ 18,250 | $ 8,816 | $ 4,802 | $ 11,212 | $ 10,400 | $ 38,340 | $ 39,700 | $ 8,500 | $ 22,000 | |||||||||||||||||||||||||||||
Retail | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | |||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 2 | 1 | 1 | 2 | 14 | 10 | 2 | 3 | 1 | 20 | 5 | 2 | 1 | 6 | |||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 5,150 | $ 8,243 | $ 7,385 | $ 3,192 | $ 6,500 | $ 19,128 | $ 13,185 | $ 6,036 | $ 5,357 | $ 2,016 | $ 44,977 | $ 14,845 | $ 6,433 | $ 20,231 | $ 14,479 | |||||||||||||||||||||||||||||||||||
Restaurant | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Restaurant | Restaurant | Restaurant | |||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 7 | 1 | 1 | |||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 13,189 | $ 3,142 | $ 3,214 | |||||||||||||||||||||||||||||||||||||||||||||||
Office | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Office | Office | ||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 30,589 | $ 34,670 | ||||||||||||||||||||||||||||||||||||||||||||||||
Industrial/Office | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Industrial/Office | |||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 23 | |||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 735,740 | |||||||||||||||||||||||||||||||||||||||||||||||||
Retail/Healthcare | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Retail/Healthcare | |||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 3 | |||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 12,922 | |||||||||||||||||||||||||||||||||||||||||||||||||
Industrial/Retail | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Industrial/Retail | |||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 26 | |||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 78,530 | |||||||||||||||||||||||||||||||||||||||||||||||||
Other | ||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Other | |||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | |||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ | $ 16,170 |
Acquisitions of Rental Proper_4
Acquisitions of Rental Property - Acquisitions of Rental Property Closed (Parenthetical) - (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2020 | |
Business Acquisition [Line Items] | |||
Escrow Deposit | $ 4,500 | ||
Acquisition costs capitalized | $ 17,631 | $ 12,643 | 1,272 |
Mortgages assumed | $ 49,782 | $ 20,845 | $ 0 |
Interest rate | 4.92% | 4.36% | |
Mortgage, Maturity date | Feb. 29, 2028 | Aug. 31, 2025 | |
7.00% Loan Agreement | |||
Business Acquisition [Line Items] | |||
Notes receivable | $ 3,700 | ||
6.35% Loan Agreement | |||
Business Acquisition [Line Items] | |||
Notes receivable | $ 2,827 |
Acquisitions of Rental Proper_5
Acquisitions of Rental Property - Purchase Price Allocation for Real Estate Acquisitions (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Business Acquisition [Line Items] | |||
Direct financing investments | $ 430 | ||
Sales-type investments | $ 574 | ||
Mortgages payable | $ (49,782) | (20,845) | |
Non-real estate liabilities | (56) | ||
Business combination, recognized identifiable assets acquired and liabilities assumed, assets | 97,084 | 999,730 | 598,567 |
Land | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 17,403 | 161,182 | 72,559 |
Land Improvements | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 5,356 | 47,391 | 32,498 |
Buildings and Improvements | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 64,116 | 772,998 | 454,391 |
Equipment | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 2,892 | ||
Acquired In-Place Leases | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets | 8,346 | 80,952 | 62,631 |
Acquired Above-Market Leases | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets | 1,717 | 2,800 | 5,538 |
Acquired Below-Market Leases | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets | $ (428) | $ (15,811) | $ (11,471) |
Acquisitions of Rental Proper_6
Acquisitions of Rental Property - Purchase Price Allocation for Real Estate Acquisitions (Parenthetical) - (Detail) | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Acquired In-Place Leases | |||
Business Acquisition [Line Items] | |||
Weighted average amortization period | 15 years | 13 years | 13 years |
Acquired Above-Market Leases | |||
Business Acquisition [Line Items] | |||
Weighted average amortization period | 1 year | 18 years | 16 years |
Acquired Below-Market Leases | |||
Business Acquisition [Line Items] | |||
Weighted average amortization period | 10 years | 10 years | 13 years |
Sale of Real Estate - Schedule
Sale of Real Estate - Schedule of Sale of Real Estate (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020USD ($)Property | Dec. 31, 2019USD ($)Property | Dec. 31, 2018USD ($)Property | |
Real Estate [Line Items] | |||
Number of properties disposed | Property | 24 | 49 | 20 |
Aggregate sale price | $ 81,039 | $ 176,486 | $ 57,402 |
Aggregate carrying value | (62,528) | (138,845) | (43,492) |
Gain on sale of real estate | 14,985 | 29,914 | 10,496 |
Real Estate | |||
Real Estate [Line Items] | |||
Additional sales expenses | (3,526) | (7,727) | (3,414) |
Gain on sale of real estate | $ 14,985 | $ 29,914 | $ 10,496 |
Investment in Rental Property_3
Investment in Rental Property and Lease Arrangements - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2020Property | |
Lessor Lease Description [Line Items] | |
Number of real estate properties under operating leases | 622 |
Number of real estate properties under direct financing leases | 10 |
Number of real estate properties under sales-type leases | 1 |
Number of real estate properties under direct financing leases that include land option | 3 |
Lessee, finance lease, existence of option to extend | true |
Lessee, operating lease, existence of option to extend | true |
Minimum | |
Lessor Lease Description [Line Items] | |
Lessor operating lease, initial terms | 10 years |
Lessor direct financing leases, initial terms | 10 years |
Maximum | |
Lessor Lease Description [Line Items] | |
Lessor operating lease, initial terms | 20 years |
Lessor direct financing leases, initial terms | 20 years |
Investment in Rental Property_4
Investment in Rental Property and Lease Arrangements - Rental Property Subject to Non-cancelable Operating Leases (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | $ 3,704,488 | $ 3,686,444 |
Less accumulated depreciation | (349,977) | (271,044) |
Rental property subject to non-cancelable operating leases, net | 3,354,511 | 3,415,400 |
Land | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | 555,748 | 548,911 |
Land Improvements | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | 279,360 | 275,470 |
Buildings and Improvements | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | 2,857,510 | 2,850,571 |
Equipment | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | $ 11,870 | $ 11,492 |
Investment in Rental Property_5
Investment in Rental Property and Lease Arrangements - Summary of Depreciation Expense on Investment in Rental Property (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Leases [Abstract] | |||
Depreciation | $ 93,679 | $ 83,797 | $ 66,055 |
Investment in Rental Property_6
Investment in Rental Property and Lease Arrangements - Estimated Lease Payments to be Received under Non-cancelable Operating Leases (Detail) $ in Thousands | Dec. 31, 2020USD ($) |
Lessor Operating Lease Payments Fiscal Year Maturity [Abstract] | |
2021 | $ 294,411 |
2022 | 297,715 |
2023 | 301,282 |
2024 | 297,325 |
2025 | 290,075 |
Thereafter | 2,041,715 |
Estimated lease payments to be received under non-cancelable operating leases | $ 3,522,523 |
Investment in Rental Property_7
Investment in Rental Property and Lease Arrangements - Net Investment in Direct Financing Leases (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Leases [Abstract] | ||
Undiscounted estimated lease payments to be received | $ 45,782 | $ 72,753 |
Estimated unguaranteed residual values | 15,203 | 20,358 |
Unearned revenue | (31,753) | (51,221) |
Reserve for credit losses | (166) | |
Net investment in direct financing leases | $ 29,066 | $ 41,890 |
Investment in Rental Property_8
Investment in Rental Property and Lease Arrangements - Undiscounted Estimated Lease Payments to be Received under Non-cancelable Direct Financing Leases (Detail) $ in Thousands | Dec. 31, 2020USD ($) |
Sales Type And Direct Financing Leases Lease Receivable Fiscal Year Maturity [Abstract] | |
2021 | $ 3,180 |
2022 | 3,241 |
2023 | 3,304 |
2024 | 3,361 |
2025 | 3,475 |
Thereafter | 29,221 |
Undiscounted estimated lease payments to be received under non-cancelable direct financing leases | $ 45,782 |
Investment in Rental Property_9
Investment in Rental Property and Lease Arrangements - Summary of Amounts Reported as Lease Revenues, Net on the Consolidated Statements of Income and Comprehensive Income (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Income Statement [Abstract] | ||
Contractual rental amounts billed for operating leases | $ 281,998 | $ 257,695 |
Adjustment to recognize contractual operating lease billings on a straight-line basis | 20,965 | 22,109 |
Variable rental amounts earned | 743 | 152 |
Earned income from direct financing leases | 3,355 | 4,018 |
Earned income from sales-type leases | 5 | |
Operating expenses billed to tenants | 15,845 | 14,614 |
Other income from real estate transactions | 799 | 668 |
Adjustment to revenue recognized for uncollectible rental amounts billed | (2,073) | (441) |
Total Lease revenues, net | $ 321,637 | $ 298,815 |
Intangible Assets and Liabili_3
Intangible Assets and Liabilities - Schedule of Intangible Assets and Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Lease intangibles: | ||
Intangible lease assets, net | $ 290,913 | $ 331,894 |
Acquired below-market leases | 107,788 | 113,862 |
Less accumulated amortization | (28,135) | (21,640) |
Intangible lease liabilities, net | 79,653 | 92,222 |
Leasing fees | 15,462 | 17,013 |
Less accumulated amortization | (4,724) | (4,166) |
Leasing fees, net | 10,738 | 12,847 |
Acquired Above-Market Leases | ||
Lease intangibles: | ||
Intangible lease assets, gross | 54,616 | 62,136 |
Less accumulated amortization | (18,928) | (17,433) |
Intangible lease assets, net | 35,688 | 44,703 |
Acquired In-Place Leases | ||
Lease intangibles: | ||
Intangible lease assets, gross | 340,958 | 349,645 |
Less accumulated amortization | (85,733) | (62,454) |
Intangible lease assets, net | $ 255,225 | $ 287,191 |
Intangible Assets and Liabili_4
Intangible Assets and Liabilities - Schedule of Amortization of Intangible Lease Assets and Liabilities (Detail) - USD ($) | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Finite Lived Intangible Assets [Line Items] | |||
Acquired in-place leases and leasing fees | $ 14,517,000 | $ 0 | $ 0 |
Acquired In-Place Leases | Depreciation and Amortization | |||
Finite Lived Intangible Assets [Line Items] | |||
Acquired in-place leases and leasing fees | 38,934,000 | 25,021,000 | 17,939,000 |
Above and Below Market Leases | Lease Revenues, Net | |||
Finite Lived Intangible Assets [Line Items] | |||
Acquired in-place leases and leasing fees | $ 1,127,000 | $ 3,419,000 | $ 304,000 |
Intangible Assets and Liabili_5
Intangible Assets and Liabilities - Additional Information (Detail) - USD ($) | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Goodwill And Intangible Assets Disclosure [Abstract] | |||
Amortization expense | $ 14,517,000 | $ 0 | $ 0 |
Intangible Assets and Liabili_6
Intangible Assets and Liabilities - Schedule of Amortizable Intangible Assets (Detail) $ in Thousands | Dec. 31, 2020USD ($) |
Goodwill And Intangible Assets Disclosure [Abstract] | |
2021 | $ 24,621 |
2022 | 22,447 |
2023 | 22,135 |
2024 | 21,376 |
2025 | 20,080 |
Thereafter | 111,339 |
Total | $ 221,998 |
Notes Receivable - Additional I
Notes Receivable - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2018 | |
7.00% Loan Agreement | ||
Accounts Notes And Loans Receivable [Line Items] | ||
Notes receivable | $ 3,700 | |
6.35% Loan Agreement | ||
Accounts Notes And Loans Receivable [Line Items] | ||
Notes receivable | 2,827 | |
Real Estate | ||
Accounts Notes And Loans Receivable [Line Items] | ||
Interest income earned | $ 174 | |
Real Estate | 7.00% Loan Agreement | ||
Accounts Notes And Loans Receivable [Line Items] | ||
Notes receivable | $ 3,700 | |
Interest rate | 7.00% | |
Maturity date | 2019-02 | |
Real Estate | 6.35% Loan Agreement | ||
Accounts Notes And Loans Receivable [Line Items] | ||
Notes receivable | $ 2,827 | |
Interest rate | 6.35% | |
Maturity date | 2019-11 |
Unsecured Credit Agreements - A
Unsecured Credit Agreements - Additional Information (Detail) | Sep. 04, 2020USD ($) | Feb. 07, 2020USD ($) | Aug. 28, 2019USD ($) | Aug. 02, 2019USD ($) | Jul. 01, 2019 | Feb. 27, 2019USD ($) | Sep. 13, 2018USD ($) | Jul. 02, 2018USD ($) | Jun. 23, 2017USD ($)Bank | Apr. 18, 2017USD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2019USD ($) | Dec. 31, 2018USD ($) | Feb. 28, 2019USD ($) | Nov. 20, 2017USD ($) |
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 60,000,000 | ||||||||||||||
Additional borrowing capacity | $ 80,000,000 | ||||||||||||||
Revolving credit facility, available borrowing capacity | 880,000,000 | ||||||||||||||
Unsecured revolving credit facility | $ 197,300,000 | ||||||||||||||
Debt instrument, term | 119 months | ||||||||||||||
Repayment of debt | 90,484,000 | ||||||||||||||
Weighted average interest rate on all outstanding borrowings | 2.80% | ||||||||||||||
Cost of debt extinguishment | $ (417,000) | (1,176,000) | $ (101,000) | ||||||||||||
Debt Issuance Costs | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Cost of debt extinguishment | 6,000 | ||||||||||||||
Other Nonoperating Income (Expense) | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Cost of debt extinguishment | $ 392,000 | 328,000 | |||||||||||||
Senior Unsecured Revolving Credit Facility | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | 425,000,000 | ||||||||||||||
2023 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | 265,000,000 | ||||||||||||||
Basis spread on variable rate | 1.35% | ||||||||||||||
2024 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 190,000,000 | ||||||||||||||
2024 Unsecured Term Loan | Baa3 Rating | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.25% | ||||||||||||||
Revolving Credit Facility | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt issuance costs incurred | $ 5,918,000 | ||||||||||||||
Revolving Credit Facility | Unsecured Debt | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Line of credit, maximum borrowing capacity | $ 2,000,000,000 | ||||||||||||||
Maturity date | Sep. 21, 2023 | ||||||||||||||
Debt instrument extension options, description | twice for six months per extension | ||||||||||||||
Maturity extension fee on outstanding principal balance percentage | 0.0625% | ||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||
Revolving Credit Facility | Unsecured Debt | Minimum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 0.125% | ||||||||||||||
Revolving Credit Facility | Unsecured Debt | Maximum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 0.30% | ||||||||||||||
Revolving Credit Facility | Unsecured Debt | LIBOR | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.20% | ||||||||||||||
Revolving Credit Facility | Unsecured Debt | LIBOR | Minimum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 0.825% | ||||||||||||||
Revolving Credit Facility | Unsecured Debt | LIBOR | Maximum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.55% | ||||||||||||||
Senior Guaranteed Notes Series B and Senior Guaranteed Notes Series C | Unsecured Debt | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 325,000,000 | ||||||||||||||
Senior Guaranteed Notes Series B | Unsecured Debt | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 225,000,000 | ||||||||||||||
Maturity date | Jul. 2, 2028 | ||||||||||||||
Proceeds from issuance of debt | $ 125,000,000 | $ 100,000,000 | |||||||||||||
Debt instrument, interest rate | 5.09% | 5.09% | |||||||||||||
Senior Guaranteed Notes Series C | Unsecured Debt | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 100,000,000 | ||||||||||||||
Maturity date | Jul. 2, 2030 | ||||||||||||||
Proceeds from issuance of debt | $ 50,000,000 | $ 50,000,000 | |||||||||||||
Debt instrument, interest rate | 5.19% | 5.19% | |||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 800,000,000 | ||||||||||||||
Number of participating banks as joint lead arrangers and joint bookrunners | Bank | 4 | ||||||||||||||
Number of participating banks as co-syndication agents | Bank | 4 | ||||||||||||||
Number of participating banks as co-documentation agents | Bank | 4 | ||||||||||||||
Line of credit, maximum borrowing capacity | $ 1,055,000,000 | ||||||||||||||
Line of credit, maximum accordion feature | $ 1,000,000,000 | ||||||||||||||
Revolving credit facility, available borrowing capacity | $ 425,000,000 | $ 600,000,000 | |||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | Senior Unsecured Revolving Credit Facility | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Line of credit, maximum borrowing capacity | 400,000,000 | ||||||||||||||
Sublimit for swingline loans | 35,000,000 | ||||||||||||||
Amount available for issuance of letters of credit | 20,000,000 | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 5.5 Year Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | 250,000,000 | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 7 Year Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 150,000,000 | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 2023 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Maturity date | Jan. 31, 2023 | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 2023 Unsecured Term Loan | LIBOR | Minimum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 0.90% | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 2023 Unsecured Term Loan | LIBOR | Maximum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.75% | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 2024 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.90% | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 2024 Unsecured Term Loan | LIBOR | Minimum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 0.85% | 1.50% | |||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 2024 Unsecured Term Loan | LIBOR | Maximum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.65% | 2.45% | |||||||||||||
Revolving Credit Facility Maturing September 2023 | Revolving Credit Facility | Unsecured Debt | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Unsecured revolving credit facility | $ 900,000,000 | ||||||||||||||
Revolving Credit Facility Maturing January 2022 | Revolving Credit Facility | Unsecured Debt | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Unsecured revolving credit facility | $ 600,000,000 | ||||||||||||||
2026 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | 450,000,000 | ||||||||||||||
Line of credit, maximum accordion feature | $ 550,000,000 | ||||||||||||||
Maturity date | Feb. 27, 2026 | ||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||
Debt instrument, term | 7 years | ||||||||||||||
Remaining borrowing capacity | $ 150,000,000 | ||||||||||||||
2026 Unsecured Term Loan | LIBOR | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.85% | ||||||||||||||
2026 Unsecured Term Loan | LIBOR | Minimum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.45% | ||||||||||||||
2026 Unsecured Term Loan | LIBOR | Maximum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 2.40% | ||||||||||||||
2019 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Repayment of debt | $ 300,000,000 | ||||||||||||||
2020 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 300,000,000 | ||||||||||||||
Maturity date | Aug. 2, 2020 | ||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||
Proceeds from issuance of debt | $ 300,000,000 | ||||||||||||||
Debt instrument repayment date | Sep. 21, 2020 | ||||||||||||||
2020 Unsecured Term Loan | LIBOR | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.25% | ||||||||||||||
2020 Unsecured Term Loan | LIBOR | Minimum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 0.85% | ||||||||||||||
2020 Unsecured Term Loan | LIBOR | Maximum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.65% | ||||||||||||||
2022 Unsecured Term Loan | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, face amount | $ 60,000,000 | ||||||||||||||
Maturity date | Feb. 28, 2022 | ||||||||||||||
2022 Unsecured Term Loan | LIBOR | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.25% | ||||||||||||||
2022 Unsecured Term Loan | LIBOR | Minimum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 0.85% | ||||||||||||||
2022 Unsecured Term Loan | LIBOR | Maximum | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Basis spread on variable rate | 1.65% | ||||||||||||||
2017 Senior Notes | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Maturity date | Apr. 18, 2027 | ||||||||||||||
Debt instrument, term | 10 years | ||||||||||||||
Proceeds from issuance of debt | $ 150,000,000 | ||||||||||||||
Debt instrument, interest rate | 4.84% | ||||||||||||||
Issuance date | Apr. 18, 2017 | ||||||||||||||
2017 Senior Notes | 10-Year U.S. Treasury Yield | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument basis spread on reference rate | 2.40% | ||||||||||||||
2020 Unsecured Term Loan, 2026 Unsecured Term Loan and Prior Unsecured Revolving Credit Agreement | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt issuance costs incurred | 6,549,000 | ||||||||||||||
Senior Guaranteed Notes Series B and Senior Guaranteed Notes Series C | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt issuance costs incurred | $ 2,209,000 | ||||||||||||||
New Debt Agreements [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Unamortized debt issuance costs | $ 5,918,000 | $ 6,543,000 |
Unsecured Credit Agreements - S
Unsecured Credit Agreements - Summary of Unsecured Credit Agreements (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Jul. 02, 2018 | |
Debt Instrument [Line Items] | |||
Carrying amount of debt | $ 1,547,667 | $ 1,989,451 | |
Long-term Debt | 1,547,667 | ||
Unsecured Debt | |||
Debt Instrument [Line Items] | |||
Carrying amount of debt | 1,440,000 | 1,877,300 | |
Debt issuance costs, net | (6,204) | (7,919) | |
Long-term Debt | $ 1,433,796 | 1,869,381 | |
Unsecured Debt | Revolving Credit Facilities | |||
Debt Instrument [Line Items] | |||
Interest Rate | one-month LIBOR + 1.20% | ||
Carrying amount of debt | 197,300 | ||
Unsecured Debt | Revolving Credit Facilities | 1 Month LIBOR | |||
Debt Instrument [Line Items] | |||
Basis spread on variable rate | 1.20% | ||
Unsecured Debt | Senior Guaranteed Notes Series A | |||
Debt Instrument [Line Items] | |||
Debt instrument, interest rate | 4.84% | ||
Maturity Date | 2027-04 | ||
Carrying amount of debt | $ 150,000 | 150,000 | |
Unsecured Debt | Senior Guaranteed Notes Series B | |||
Debt Instrument [Line Items] | |||
Debt instrument, interest rate | 5.09% | 5.09% | |
Maturity Date | 2028-07 | ||
Carrying amount of debt | $ 225,000 | 225,000 | |
Unsecured Debt | Senior Guaranteed Notes Series C | |||
Debt Instrument [Line Items] | |||
Debt instrument, interest rate | 5.19% | 5.19% | |
Maturity Date | 2030-07 | ||
Carrying amount of debt | $ 100,000 | 100,000 | |
Unsecured Debt | Senior Notes | |||
Debt Instrument [Line Items] | |||
Carrying amount of debt | $ 475,000 | 475,000 | |
Unsecured Debt | 2020 Unsecured Term Loan | |||
Debt Instrument [Line Items] | |||
Interest Rate | one-month LIBOR + 1.25% | ||
Maturity Date | 2021-02 | ||
Carrying amount of debt | 300,000 | ||
Unsecured Debt | 2020 Unsecured Term Loan | 1 Month LIBOR | |||
Debt Instrument [Line Items] | |||
Basis spread on variable rate | 1.25% | ||
Unsecured Debt | 2024 Unsecured Term Loan | |||
Debt Instrument [Line Items] | |||
Interest Rate | one-month LIBOR + 1.25% | ||
Maturity Date | 2024-06 | ||
Carrying amount of debt | $ 190,000 | 190,000 | |
Unsecured Debt | 2024 Unsecured Term Loan | 1 Month LIBOR | |||
Debt Instrument [Line Items] | |||
Basis spread on variable rate | 1.25% | ||
Unsecured Debt | 2022 Unsecured Term Loan | |||
Debt Instrument [Line Items] | |||
Interest Rate | one-month LIBOR + 1.25% | ||
Maturity Date | 2022-02 | ||
Carrying amount of debt | $ 60,000 | ||
Unsecured Debt | 2022 Unsecured Term Loan | 1 Month LIBOR | |||
Debt Instrument [Line Items] | |||
Basis spread on variable rate | 1.25% | ||
Unsecured Debt | 2026 Unsecured Term Loan | |||
Debt Instrument [Line Items] | |||
Interest Rate | one-month LIBOR + 1.85% | ||
Maturity Date | 2026-02 | ||
Carrying amount of debt | $ 450,000 | 450,000 | |
Unsecured Debt | 2026 Unsecured Term Loan | 1 Month LIBOR | |||
Debt Instrument [Line Items] | |||
Basis spread on variable rate | 1.85% | ||
Unsecured Debt | 2023 Unsecured Term Loan | |||
Debt Instrument [Line Items] | |||
Interest Rate | one-month LIBOR + 1.35% | ||
Maturity Date | 2023-01 | ||
Carrying amount of debt | $ 265,000 | $ 265,000 | |
Unsecured Debt | 2023 Unsecured Term Loan | 1 Month LIBOR | |||
Debt Instrument [Line Items] | |||
Basis spread on variable rate | 1.35% |
Unsecured Credit Agreements -_2
Unsecured Credit Agreements - Summary of Unsecured Credit Agreements (Parenthetical) (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Sep. 04, 2020 | Dec. 31, 2019 |
Debt Instrument [Line Items] | |||
Unsecured revolving credit facility | $ 197,300 | ||
Unsecured Debt | Revolving Credit Facility | Revolving Credit Facility Maturing January 2022 | |||
Debt Instrument [Line Items] | |||
Unsecured revolving credit facility | $ 600,000 | ||
Unsecured Debt | Revolving Credit Facility | Revolving Credit Facility Maturing September 2023 | |||
Debt Instrument [Line Items] | |||
Unsecured revolving credit facility | $ 900,000 | ||
Unsecured Debt | 1 Month LIBOR | |||
Debt Instrument [Line Items] | |||
Interest rate | 0.14% | 1.76% |
Unsecured Credit Agreements -_3
Unsecured Credit Agreements - Summary of Debt Issuance Cost Amortization (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Debt Disclosure [Abstract] | |||
Debt issuance costs amortization | $ 3,445 | $ 2,685 | $ 1,918 |
Mortgages and Notes Payable - S
Mortgages and Notes Payable - Summary of Mortgages and Notes Payable (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Debt Instrument [Line Items] | ||
Mortgages and notes payable | $ 1,547,667 | $ 1,989,451 |
Mortgages and notes payable, net | 107,382 | 111,793 |
Secured Debt | ||
Debt Instrument [Line Items] | ||
Mortgages and notes payable | 107,667 | 112,151 |
Debt issuance costs, net | $ (285) | (358) |
Wilmington Trust National Association, Due February 28 | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2019-04 | |
Maturity Date | 2028-02 | |
Debt instrument, interest rate | 4.92% | |
Mortgages and notes payable | $ 47,945 | 49,065 |
Wilmington Trust National Association, Due August 25 | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2018-06 | |
Maturity Date | 2025-08 | |
Debt instrument, interest rate | 4.36% | |
Mortgages and notes payable | $ 19,947 | 20,318 |
PNC Bank | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2016-10 | |
Maturity Date | 2026-11 | |
Debt instrument, interest rate | 3.62% | |
Mortgages and notes payable | $ 17,498 | 17,885 |
Sun Life | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2012-03 | |
Maturity Date | 2021-10 | |
Debt instrument, interest rate | 5.13% | |
Mortgages and notes payable | $ 10,469 | 10,888 |
Aegon | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2012-04 | |
Maturity Date | 2023-10 | |
Debt instrument, interest rate | 6.38% | |
Mortgages and notes payable | $ 7,039 | 7,788 |
M&T Bank | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2017-10 | |
Maturity Date | 2021-08 | |
Interest Rate | one - month LIBOR+3% | |
Mortgages and notes payable | $ 4,769 | 4,913 |
M&T Bank | 1 Month LIBOR | Secured Debt | ||
Debt Instrument [Line Items] | ||
Basis spread on variable rate | 3.00% | |
Notes holders | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2008-12 | |
Maturity Date | 2023-12 | |
Debt instrument, interest rate | 6.25% | |
Mortgages and notes payable | 750 | |
Standard Insurance Company Due August 2030 | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2010-07 | |
Maturity Date | 2030-08 | |
Debt instrument, interest rate | 6.75% | |
Mortgages and notes payable | $ 544 |
Mortgages and Notes Payable -_2
Mortgages and Notes Payable - Summary of Mortgages and Notes Payable (Parenthetical) (Detail) | 12 Months Ended |
Dec. 31, 2020 | |
Debt Disclosure [Abstract] | |
Term of note | 119 months |
Mortgages and Notes Payable - A
Mortgages and Notes Payable - Additional Information (Detail) $ in Thousands | Dec. 31, 2020USD ($) |
Debt Disclosure [Abstract] | |
Investment in rental property pledges as collateral | $ 173,532 |
Mortgages and Notes Payable -_3
Mortgages and Notes Payable - Summary of Extinguished Mortgages (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020USD ($)Mortgage | Dec. 31, 2019USD ($)Mortgage | Dec. 31, 2018USD ($)Mortgage | |
Debt Disclosure [Abstract] | |||
Number of mortgages | Mortgage | 2 | 4 | 2 |
Outstanding balance of mortgages | $ | $ 1,132 | $ 13,905 | $ 6,666 |
Mortgages and Notes Payable -_4
Mortgages and Notes Payable - Summary of Cost Extinguished Mortgages (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Secured Debt | |||
Debt Instrument [Line Items] | |||
Cost of mortgage extinguishment | $ 25 | $ 842 | $ 101 |
Mortgages and Notes Payable -_5
Mortgages and Notes Payable - Schedule of Estimated Future Principal Payments (Detail) $ in Thousands | Dec. 31, 2020USD ($) |
Debt Disclosure [Abstract] | |
2021 | $ 18,006 |
2022 | 62,907 |
2023 | 272,582 |
2024 | 192,260 |
2025 | 20,195 |
Thereafter | 981,717 |
Long-term Debt | $ 1,547,667 |
Interest Rate Swaps - Summary o
Interest Rate Swaps - Summary of Interest-rate Swap Agreements (Detail) - Interest Rate Swap - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Derivative [Line Items] | ||
Fair Value | $ (72,103,000) | $ (21,560,000) |
Bank of America | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2023-11 | |
Derivative, Fixed rate | 2.80% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,848,000) | (1,136,000) |
Bank of Montreal One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2024-07 | |
Derivative, Fixed rate | 1.16% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 40,000,000 | |
Fair Value | $ (1,380,000) | 740,000 |
Bank of Montreal Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2025-01 | |
Derivative, Fixed rate | 1.91% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,725,000) | (402,000) |
Bank of Montreal Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2025-07 | |
Derivative, Fixed rate | 2.32% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,351,000) | (970,000) |
Bank of Montreal Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-01 | |
Derivative, Fixed rate | 1.92% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,039,000) | (448,000) |
Bank of Montreal Five | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-01 | |
Derivative, Fixed rate | 2.05% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 40,000,000 | |
Fair Value | $ (3,523,000) | (1,014,000) |
Bank of Montreal Six | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-12 | |
Derivative, Fixed rate | 2.33% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 10,000,000 | |
Fair Value | $ (1,156,000) | (460,000) |
Bank of Montreal Seven | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-12 | |
Derivative, Fixed rate | 1.99% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,372,000) | (577,000) |
Bank of Montreal Eight | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2027-12 | |
Derivative, Fixed rate | 2.37% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (3,234,000) | (1,306,000) |
Bank of Montreal Nine | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2029-05 | |
Derivative, Fixed rate | 2.09% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,994,000) | (799,000) |
Capital One, National Association One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2021-12 | |
Derivative, Fixed rate | 1.05% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ (141,000) | 143,000 |
Capital One, National Association Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2024-12 | |
Derivative, Fixed rate | 1.58% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ (799,000) | 10,000 |
Capital One, National Association Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-01 | |
Derivative, Fixed rate | 2.08% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 35,000,000 | |
Fair Value | $ (3,078,000) | (911,000) |
Capital One, National Association Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-04 | |
Derivative, Fixed rate | 2.68% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ (1,843,000) | (944,000) |
Capital One, National Association Five | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-07 | |
Derivative, Fixed rate | 1.32% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 35,000,000 | |
Fair Value | $ (1,806,000) | 720,000 |
Capital One, National Association Six | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2027-12 | |
Derivative, Fixed rate | 2.37% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (3,199,000) | (1,278,000) |
M&T Bank | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2021-08 | |
Derivative, Fixed rate | 1.02% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 4,768,000 | 4,912,000 |
Fair Value | $ (25,000) | 41,000 |
M&T Bank One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2022-09 | |
Derivative, Fixed rate | 2.83% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,139,000) | (862,000) |
M&T Bank Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2023-11 | |
Derivative, Fixed rate | 2.65% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,785,000) | (1,038,000) |
Regions Bank | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2020-05 | |
Derivative, Fixed rate | 2.12% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 50,000,000 | |
Fair Value | (104,000) | |
Regions Bank One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2023-12 | |
Derivative, Fixed rate | 1.18% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (763,000) | 376,000 |
Regions Bank Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2029-05 | |
Derivative, Fixed rate | 2.11% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (3,004,000) | (827,000) |
Regions Bank Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2029-06 | |
Derivative, Fixed rate | 2.03% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,843,000) | (651,000) |
Truist Financial Corporation One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2024-04 | |
Derivative, Fixed rate | 1.99% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,487,000) | (451,000) |
Truist Financial Corporation Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2025-04 | |
Derivative, Fixed rate | 2.20% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,084,000) | (781,000) |
Truist Financial Corporation Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2025-07 | |
Derivative, Fixed rate | 1.99% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,941,000) | (524,000) |
Truist Financial Corporation Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2025-12 | |
Derivative, Fixed rate | 2.30% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,481,000) | (993,000) |
Truist Financial Corporation Five | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2026-01 | |
Derivative, Fixed rate | 1.93% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,019,000) | (458,000) |
U.S. Bank National Association | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2029-06 | |
Derivative, Fixed rate | 2.03% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (2,902,000) | (681,000) |
U S Bank National Association One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2029-08 | |
Derivative, Fixed rate | 1.35% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,445,000) | 881,000 |
Wells Fargo Bank One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2021-02 | |
Derivative, Fixed rate | 2.39% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 35,000,000 | |
Fair Value | $ (70,000) | (302,000) |
Wells Fargo Bank Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2024-10 | |
Derivative, Fixed rate | 2.72% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ (1,422,000) | (795,000) |
Wells Fargo Bank Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2027-04 | |
Derivative, Fixed rate | 2.72% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (3,555,000) | (1,845,000) |
Wells Fargo Bank Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | 2028-01 | |
Derivative, Fixed rate | 2.37% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 75,000,000 | |
Fair Value | $ (9,650,000) | $ (3,914,000) |
Interest Rate Swaps - Summary_2
Interest Rate Swaps - Summary of Interest-rate Swap Agreements (Parenthetical) (Detail) - Interest Rate Swap - M&T Bank - USD ($) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Derivative [Line Items] | ||
Notional Amount | $ 4,768,000 | $ 4,912,000 |
Umbrella Partnership Real Estate Investment Trust Transaction | ||
Derivative [Line Items] | ||
Interest rate swap assumed month and year | 2017-10 |
Interest Rate Swaps - Total Amo
Interest Rate Swaps - Total Amounts Recognized From Converting Variable Rates to Fixed Rates and Location of Gain (Loss) (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Derivative [Line Items] | |||
Total Interest Expense Presented in the Consolidated Statements of Income and Comprehensive Income | $ 76,138 | $ 72,534 | $ 52,855 |
Interest Rate Swap | |||
Derivative [Line Items] | |||
Amount of (Loss) Gain Recognized in Accumulated Other Comprehensive (Loss) Income | $ (50,544) | $ (37,372) | $ 10,584 |
Reclassification from Accumulated Other Comprehensive Loss, Location | Interest expense | Interest expense | Interest expense |
Reclassification from Accumulated Other Comprehensive Loss, Amount of (Loss) Gain | $ (12,656) | $ 1,492 | $ (910) |
Total Interest Expense Presented in the Consolidated Statements of Income and Comprehensive Income | $ 76,138 | $ 72,534 | $ 52,855 |
Interest Rate Swaps - Additiona
Interest Rate Swaps - Additional Information (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2020USD ($) | |
Derivative Instrument Detail [Abstract] | |
Interest rate swaps expected to be reclassified - (loss) | $ (15,972) |
Non-Controlling Interests - Add
Non-Controlling Interests - Additional Information (Detail) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Minority Interest [Line Items] | |||
Properties contributed as part of UPREIT transactions, value | $ 0 | $ 0 | $ 15,797 |
Properties contributed as part of UPREIT transactions, value, net of debt assumed | $ 128,746 | $ 128,746 | |
OP units, issued | 6,943 | 6,948 | |
OP Units | 4,455 | 6,948 | |
Broadstone Net Lease, LLC | |||
Minority Interest [Line Items] | |||
Percentage of economic interests owned by non-controlling interests | 7.30% | 6.30% | 7.30% |
Non-Controlling Interests - Sch
Non-Controlling Interests - Schedule of OP Units Exchanged for Shares of Common Stock (Detail) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2018 | |
Minority Interest [Line Items] | ||
OP Units exchanged | 822 | 34 |
Shares of common stock received | 822 | 34 |
Value of shares/units exchanged | $ 15,631 | |
Common Stock | ||
Minority Interest [Line Items] | ||
Shares of common stock received | 822 | 34 |
Additional Paid-in Capital | ||
Minority Interest [Line Items] | ||
Value of shares/units exchanged | $ 15,631 | $ 684 |
Credit Risk Concentrations - Ad
Credit Risk Concentrations - Additional Information (Detail) - customer | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Concentration Risk [Line Items] | |||
Number of tenants or common franchises | 0 | 0 | 0 |
Operating Expenses | Management Contracts Concentration Risk | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 2.00% | 18.00% | 19.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution One | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 63.00% | 62.00% | 26.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution Two | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 16.00% | 16.00% | 23.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution Three | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 10.00% | 10.00% | 14.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution Four | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 11.00% |
Equity - Additional Information
Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands | Oct. 20, 2020 | Sep. 21, 2020 | Jan. 10, 2020 | Apr. 30, 2020 | Mar. 31, 2020 | Feb. 29, 2020 | Jan. 31, 2020 | Jan. 31, 2019 | Jan. 31, 2018 | Dec. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Sep. 18, 2020 |
Equity [Line Items] | |||||||||||||||||
Capital stock, shares authorized | 500,000,000 | 500,000,000 | |||||||||||||||
Common stock, shares authorized | 440,000,000 | 320,000,000 | 440,000,000 | 320,000,000 | |||||||||||||
Common stock, par value | $ 0.00025 | $ 0.00025 | $ 0.00025 | $ 0.00025 | $ 0.001 | ||||||||||||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | |||||||||||||
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 | $ 0.001 | |||||||||||||
Common stock, voting rights | one vote per share | ||||||||||||||||
Preferred stock, shares issued | 0 | 0 | 0 | 0 | |||||||||||||
Preferred stock, shares outstanding | 0 | 0 | 0 | 0 | |||||||||||||
Description of total shares quarterly redeemed | Total shares redeemed pursuant to the Share Redemption Program in any quarter could not exceed 1% of the total number of shares outstanding at the beginning of the calendar year plus 50% of the total number of any additional shares issued during the prior calendar quarter under the DRIP (as defined below), provided that the total number of shares redeemed during any calendar year could not exceed 5% of the number of shares outstanding as of the first day of such calendar year. | ||||||||||||||||
Share redemption program termination effective date | Feb. 10, 2020 | ||||||||||||||||
Common stock, shares issued | 108,609,000 | 104,006,000 | 108,609,000 | 104,006,000 | |||||||||||||
Distribution Reinvestment Plan | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Issuance of shares of common stock, shares | 275,000 | 3,012,000 | 2,489,000 | ||||||||||||||
Common stock, shares issued | 12,301,000 | 12,019,000 | 12,301,000 | 12,019,000 | |||||||||||||
Stock Redeemable After 12 Months but Less than Five Years | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Share value redeemable percentage | 95.00% | ||||||||||||||||
Stock Redeemable after Five Years | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Share value redeemable percentage | 100.00% | ||||||||||||||||
Class A Common Stock | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Issuance of shares of common stock, shares | 37,000,000 | ||||||||||||||||
Common stock, shares authorized | 60,000,000 | 0 | 60,000,000 | 0 | |||||||||||||
Common stock, par value | $ 0.00025 | $ 0.00025 | |||||||||||||||
Common stock, shares issued | 37,000,000 | 0 | 37,000,000 | 0 | |||||||||||||
Common Stock and OP Units | Dividend Declared | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Distribution declared per share | $ 0.110 | $ 0.110 | $ 0.110 | $ 0.110 | $ 0.108 | $ 0.104 | $ 0.250 | $ 0.135 | $ 0.110 | $ 0.108 | |||||||
IPO | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Issuance of shares of common stock, shares | 33,500,000 | ||||||||||||||||
Offering price | $ 17 | ||||||||||||||||
Underwriters option exercisable period | 30 days | ||||||||||||||||
Maximum additional shares granted to underwriters | 5,025,000 | ||||||||||||||||
Underwriting discounts and commissions | $ 34,170 | ||||||||||||||||
Other public offering expenses | 3,010 | ||||||||||||||||
Net proceeds from issuance initial public offering | $ 532,320 | ||||||||||||||||
Common stock, par value | $ 0.00025 | ||||||||||||||||
IPO | 2020 Unsecured Term Loan | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Repayment of term loan | $ 240,225 | ||||||||||||||||
IPO | Revolving Credit Facility | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Repayments of lines of credit | $ 216,488 | ||||||||||||||||
IPO | Class A Common Stock | |||||||||||||||||
Equity [Line Items] | |||||||||||||||||
Issuance of shares of common stock, shares | 3,500,000 | ||||||||||||||||
Offering price | $ 17 | ||||||||||||||||
Underwriting discounts and commissions | $ 3,570 | ||||||||||||||||
Net proceeds from issuance initial public offering | $ 55,930 | ||||||||||||||||
Shares purchased by underwriters | 3,500,000 |
Equity - Summary of Redemptions
Equity - Summary of Redemptions under Company's Share Redemption Program (Detail) shares in Thousands, $ in Thousands | 12 Months Ended | |
Dec. 31, 2019USD ($)Stockholdershares | Dec. 31, 2018USD ($)Stockholdershares | |
Equity [Abstract] | ||
Number of redemptions requested | Stockholder | 96 | 50 |
Number of shares | shares | 2,610 | 509 |
Aggregate redemption price | $ | $ 54,599 | $ 10,304 |
Stock-Based Compensation - Addi
Stock-Based Compensation - Additional Information (Detail) - $ / shares | Aug. 04, 2020 | Dec. 31, 2020 |
Restricted Stock | ||
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | ||
Number of shares of restricted stock awarded | 341,000 | |
Weighted average grant date fair value per share | $ 20.50 | |
Determined Share Value | ||
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | ||
Weighted average grant date fair value per share | $ 20.50 | |
2020 Equity Incentive Plan | Restricted Stock | ||
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | ||
Number of shares of restricted stock awarded | 341,000 | |
Number of shares of restricted stock vested | 0 | |
2020 Equity Incentive Plan | Tranche One | Restricted Stock | ||
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | ||
Award vesting period | 3 years | |
2020 Equity Incentive Plan | Tranche Two | Restricted Stock | ||
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | ||
Award vesting period | 4 years |
Stock-Based Compensation - Summ
Stock-Based Compensation - Summary of Restricted Stock Awards (Detail) - Restricted Stock $ in Thousands | 12 Months Ended |
Dec. 31, 2020USD ($) | |
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | |
Compensation cost | $ 1,989 |
Dividends declared on unvested restricted stock | 131 |
Unamortized value of restricted stock awards | $ 5,001 |
Weighted average amortization period (in years) | 2 years 9 months 18 days |
Stock-Based Compensation - Su_2
Stock-Based Compensation - Summary of Restricted Stock Activity (Detail) - Restricted Stock shares in Thousands | 12 Months Ended |
Dec. 31, 2020$ / sharesshares | |
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] | |
Number of Shares, Granted | shares | 341 |
Number of Shares, Unvested at end of period | shares | 341 |
Weighted Average Grant Date Fair Value per Share, Granted | $ / shares | $ 20.50 |
Weighted Average Grant Date Fair Value per Share, Unvested at end of period | $ / shares | $ 20.50 |
Earnings per Share - Summary of
Earnings per Share - Summary of Components used in Calculation of Basic and Diluted Earnings per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Basic earnings: | |||||||||||
Net earnings attributable to Broadstone Net Lease, Inc. common shareholders | $ 16,262 | $ 8,750 | $ 15,353 | $ 10,816 | $ 25,934 | $ 23,388 | $ 16,134 | $ 13,938 | $ 51,181 | $ 79,394 | $ 69,375 |
Less: earnings allocated to unvested restricted shares | (131) | ||||||||||
Net earnings used to compute basic earnings per common share | 51,050 | 79,394 | 69,375 | ||||||||
Diluted earnings: | |||||||||||
Net earnings used to compute basic earnings per share | 51,050 | 79,394 | 69,375 | ||||||||
Net earnings attributable to non-controlling interests | $ 1,357 | $ 961 | $ 1,745 | $ 1,032 | $ 1,778 | $ 1,650 | $ 1,208 | $ 1,084 | 5,095 | 5,720 | 5,730 |
Net earnings used to compute diluted earnings per common share | $ 56,145 | $ 85,114 | $ 75,105 | ||||||||
Weighted average number of common shares outstanding: | 117,289 | 95,917 | 80,967 | ||||||||
Less: weighted average unvested restricted shares | (139) | ||||||||||
Weighted average number of common shares outstanding used in basic earnings per common share | 143,916 | 111,155 | 107,422 | 106,108 | 102,941 | 98,568 | 92,818 | 89,340 | 117,150 | 95,917 | 80,967 |
Effects of convertible membership units | 11,649 | 6,948 | 6,674 | ||||||||
Weighted average number of common shares outstanding used in diluted earnings per common share | 155,956 | 123,381 | 119,648 | 116,210 | 109,889 | 105,516 | 99,766 | 96,288 | 128,799 | 102,865 | 87,641 |
Basic earnings per share | $ 0.44 | $ 0.83 | $ 0.86 | ||||||||
Diluted earnings per share | $ 0.44 | $ 0.83 | $ 0.86 |
Earnings per Share - Summary _2
Earnings per Share - Summary of Components used in Calculation of Basic and Diluted Earnings per Share (Parenthetical) (Detail) - shares | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Earnings Per Share [Abstract] | |||
Unvested restricted shares of common stock | 341,000 | ||
Weighted average effects of OP Units outstanding | 11,399,000 | 6,948,000 | 6,948,000 |
Income Taxes - Schedule of Dist
Income Taxes - Schedule of Distributions Characterized as Ordinary Dividends Capital Gain and Nontaxable (Detail) | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Income Tax Disclosure [Abstract] | |||
Ordinary dividends | 89.00% | 43.00% | 55.00% |
Capital gain distributions | 7.00% | 8.00% | 8.00% |
Return of capital distributions | 4.00% | 49.00% | 37.00% |
Percentage of distributions paid to stockholders | 100.00% | 100.00% | 100.00% |
Supplemental Cash Flow Disclo_2
Supplemental Cash Flow Disclosures - Additional Information (Detail) shares in Thousands, $ in Thousands | 12 Months Ended | |||||
Dec. 31, 2020USD ($)Propertyshares | Dec. 31, 2019USD ($)shares | Dec. 31, 2018USD ($)shares | Feb. 07, 2020USD ($) | Jan. 01, 2020USD ($) | Jan. 01, 2019USD ($) | |
Supplemental Cash Flow Elements [Line Items] | ||||||
Cash paid for interest | $ 72,566 | $ 76,379 | $ 44,697 | |||
Cash paid for state income, franchise, and foreign taxes | 1,500 | 2,131 | $ 947 | |||
Fair value of earnout consideration | 7,509 | 0 | $ 40,119 | |||
Debt | 90,484 | $ 90,484 | ||||
Adjustments to additional paid in capital mezzanine equity non-controlling interests | 2,513 | |||||
Reclassification of mezzanine equity non-controlling interests | 112,698 | |||||
Reclassification of mezzanine equity common stock | 66,376 | |||||
Reclassification of carrying value of earnout liability | $ 30,810 | |||||
Issuance of shares common stock upon conversion of OP units | shares | 822 | 34 | ||||
Number of OP units exchanged | shares | 822 | 34 | ||||
Conversion of OP Units to shares of common stock | $ 15,631 | |||||
Issuance of OP units, number of units | shares | 776 | |||||
OP units issued in exchange of property contributed in UPREIT transactions | 0 | 0 | $ 15,797 | |||
Cancellation shares of common stock, shares | shares | 37 | |||||
Common stock cancelled, values | $ 748 | |||||
Settlement of outstanding receivable with common stock | 748 | |||||
Dividend declared and accrued but not yet paid | 39,252 | 12,162 | 10,111 | |||
Carrying amount of asset recognized | $ 10,838 | |||||
Number of properties placed under lease modifications | Property | 5 | |||||
Provision for credit losses | $ 323 | |||||
Right-of-use assets | $ 3,075 | 1,614 | ||||
Lease liabilities | 2,659 | 1,209 | ||||
Credit for rent in advance | 1,701 | 0 | ||||
Tenant improvement allowances | 2,517 | 0 | ||||
Notes receivables settled | 6,527 | |||||
ASC 842 | ||||||
Supplemental Cash Flow Elements [Line Items] | ||||||
Right-of-use assets | $ 1,687 | |||||
Lease liabilities | 1,261 | |||||
Rent liability | 7 | |||||
Ground lease intangible asset, net | $ 432 | |||||
Additional Paid-in Capital | ||||||
Supplemental Cash Flow Elements [Line Items] | ||||||
Adjustments to additional paid in capital mezzanine equity non-controlling interests | 2,513 | |||||
Reclassification of mezzanine equity common stock | 66,375 | |||||
Reclassification of carrying value of earnout liability | 11,380 | |||||
Conversion of OP Units to shares of common stock | 15,631 | 684 | ||||
Common stock cancelled, values | 748 | |||||
Adjusted carrying value of non-controlling interests | 41,199 | (5,816) | (1,510) | |||
Additional Paid-in Capital | OP | ||||||
Supplemental Cash Flow Elements [Line Items] | ||||||
Adjusted carrying value of non-controlling interests | $ (41,199) | $ 5,816 | $ 1,510 | |||
Common Stock | ||||||
Supplemental Cash Flow Elements [Line Items] | ||||||
Issuance of shares of common stock, shares | shares | 659 | 18,560 | 12,930 | |||
Reclassification of mezzanine equity common stock | $ 1 | |||||
Issuance of shares common stock upon conversion of OP units | shares | 822 | 34 | ||||
Non-controlling Interests | ||||||
Supplemental Cash Flow Elements [Line Items] | ||||||
Reclassification of carrying value of earnout liability | $ 19,430 | |||||
Conversion of OP Units to shares of common stock | (15,631) | $ (684) | ||||
Adjusted carrying value of non-controlling interests | (41,199) | $ 5,816 | $ 1,510 | |||
Common Stock and OP Units | ||||||
Supplemental Cash Flow Elements [Line Items] | ||||||
Amount of equity interest issued or issuable in a business combination | 178,535 | |||||
Fair value of earnout consideration | $ 40,119 | |||||
Distribution Reinvestment Plan | ||||||
Supplemental Cash Flow Elements [Line Items] | ||||||
Issuance of shares of common stock, shares | shares | 275 | 3,012 | 2,489 | |||
Common stock issued | $ 5,733 | $ 63,020 | $ 50,826 |
Commitments and Contingencies -
Commitments and Contingencies - Additional Information (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2020USD ($) | |
Loss Contingencies [Line Items] | |
Potential liability due to taxable sales of applicable properties | $ 22,300 |
Minimum | Office Lease | |
Loss Contingencies [Line Items] | |
Non-cancellable operating leases, expiration year | 2021 |
Minimum | Ground Lease | |
Loss Contingencies [Line Items] | |
Non-cancellable operating leases term | 2034 |
Maximum | Office Lease | |
Loss Contingencies [Line Items] | |
Non-cancellable operating leases, expiration year | 2023 |
Maximum | Ground Lease | |
Loss Contingencies [Line Items] | |
Non-cancellable operating leases term | 2066 |
Commitments and Contingencies_2
Commitments and Contingencies - Summary of Tenant Improvement Allowances Included in Accounts Payable and Other Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Loss Contingencies [Line Items] | |||
Tenant improvement allowances | $ 2,517 | $ 0 | |
Accounts Payable and Other Liabilities | |||
Loss Contingencies [Line Items] | |||
Tenant improvement allowances | $ 1,981 | $ 2,706 |
Commitments and Contingencies_3
Commitments and Contingencies - Summary of Total Lease Costs Associated with Operating Leases (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Variable lease costs | |||
Total lease costs | $ 711 | $ 185 | $ 82 |
General and Administrative | Office Lease | |||
Operating lease costs | |||
Operating lease costs | 517 | ||
Property and Operating Expense | Ground Lease | |||
Operating lease costs | |||
Operating lease costs | 133 | 139 | 59 |
Variable lease costs | |||
Variable lease costs | $ 61 | $ 46 | $ 23 |
Commitments and Contingencies_4
Commitments and Contingencies - Summary of Payments Associated with Obligations Under Operating Leases (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Cash Flow Operating Activities Lessee [Abstract] | |||
Operating lease payments | $ 666 | $ 158 | $ 52 |
Commitments and Contingencies_5
Commitments and Contingencies - Summary of Estimated Future Lease Payments Required Under Non-cancelable Operating Leases as well as Reconciliation to Lease Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 |
Commitments And Contingencies Disclosure [Abstract] | ||
2021 | $ 719 | |
2022 | 686 | |
2023 | 505 | |
2024 | 120 | |
2025 | 121 | |
Thereafter | 2,290 | |
Total undiscounted cash flows | 4,441 | |
Less imputed interest | (1,782) | |
Lease liabilities | $ 2,659 | $ 1,209 |
Subsequent Events - Additional
Subsequent Events - Additional Information (Detail) $ / shares in Units, $ in Thousands | Feb. 25, 2021USD ($)Property | Feb. 19, 2021$ / shares | Jan. 15, 2021USD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2019USD ($) | Dec. 31, 2018USD ($) | Jan. 01, 2021USD ($) |
Subsequent Event [Line Items] | |||||||
Aggregate carrying value | $ 62,528 | $ 138,845 | $ 43,492 | ||||
Aggregate sale price | 81,039 | 176,486 | 57,402 | ||||
Gain on sale of real estate | 14,985 | 29,914 | 10,496 | ||||
Real Estate | |||||||
Subsequent Event [Line Items] | |||||||
Additional sales expenses | 3,526 | 7,727 | 3,414 | ||||
Gain on sale of real estate | $ 14,985 | $ 29,914 | $ 10,496 | ||||
Subsequent Event | |||||||
Subsequent Event [Line Items] | |||||||
Distribution paid | $ 39,252 | ||||||
Quarterly distribution per share | $ / shares | $ 0.25 | ||||||
Quarterly distribution declared date | Feb. 19, 2021 | ||||||
Quarterly distribution payable date | Apr. 15, 2021 | ||||||
Quarterly distribution date of record | Mar. 31, 2021 | ||||||
Acquisition of rental property and associated intangible assets and liabilities | $ 4,843 | ||||||
Number of properties sold | Property | 3 | ||||||
Aggregate carrying value | $ 4,529 | ||||||
Aggregate sale price | 6,710 | ||||||
Subsequent Event | Real Estate | |||||||
Subsequent Event [Line Items] | |||||||
Additional sales expenses | 312 | ||||||
Gain on sale of real estate | $ 1,869 |
Selected Quarterly Results (u_3
Selected Quarterly Results (unaudited) - Summary of the Company's Unaudited Quarterly Financial Information (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Quarterly Financial Data [Abstract] | |||||||||||
Lease revenues | $ 82,291 | $ 80,744 | $ 80,371 | $ 78,231 | $ 84,931 | $ 76,401 | $ 69,053 | $ 68,430 | $ 321,637 | $ 298,815 | $ 237,479 |
Net income | 17,619 | 9,711 | 17,098 | 11,848 | 27,712 | 25,038 | 17,342 | 15,022 | 56,276 | 85,114 | 75,105 |
Net income attributable to non-controlling interests | (1,357) | (961) | (1,745) | (1,032) | (1,778) | (1,650) | (1,208) | (1,084) | (5,095) | (5,720) | (5,730) |
Net income attributable to Broadstone Net Lease, Inc. | $ 16,262 | $ 8,750 | $ 15,353 | $ 10,816 | $ 25,934 | $ 23,388 | $ 16,134 | $ 13,938 | $ 51,181 | $ 79,394 | $ 69,375 |
Net earnings per share attributable to common stockholders basic and diluted | $ 0.11 | $ 0.08 | $ 0.14 | $ 0.10 | $ 0.25 | $ 0.24 | $ 0.17 | $ 0.16 | $ 0.44 | $ 0.83 | $ 0.86 |
Weighted average number of common shares outstanding | |||||||||||
Basic | 143,916 | 111,155 | 107,422 | 106,108 | 102,941 | 98,568 | 92,818 | 89,340 | 117,150 | 95,917 | 80,967 |
Diluted | 155,956 | 123,381 | 119,648 | 116,210 | 109,889 | 105,516 | 99,766 | 96,288 | 128,799 | 102,865 | 87,641 |
COVID-19 Pandemic - Additional
COVID-19 Pandemic - Additional Information (Detail) - COVID-19 Pandemic | 3 Months Ended | 12 Months Ended |
Jun. 30, 2020Tenant | Dec. 31, 2020USD ($)Tenant | |
Unusual Or Infrequent Item [Line Items] | ||
Number of tenants received rent relief | 15 | |
Number of tenants granted relief as partial deferral | 1 | |
Maximum | ||
Unusual Or Infrequent Item [Line Items] | ||
Rent deferrals balance amount | $ | $ 1,000,000 |
Schedule III - Real Estate As_2
Schedule III - Real Estate Assets and Accumulated Depreciation (Detail) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 107,667 | |||
Initial Costs to Company, Land | 555,046 | |||
Initial Costs to Company, Buildings and Improvements | 3,093,025 | |||
Costs Capitalized Subsequent to Acquisition, Land | 702 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 55,715 | |||
Gross Amount at Which Carried at Close of Period, Land | 555,748 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,148,740 | |||
Total | 3,704,488 | $ 3,686,444 | $ 2,848,735 | $ 2,334,524 |
Accumulated Depreciation | 349,977 | $ 271,044 | $ 206,989 | $ 148,383 |
Industrial Property [Member] | Tacoma | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | 1,634 | |||
Initial Costs to Company, Buildings and Improvements | 4,902 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,634 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,902 | |||
Total | 6,536 | |||
Accumulated Depreciation | $ 1,581 | |||
Date of Construction | 1977 | |||
Date Acquired | 2011 | |||
Industrial Property [Member] | Tacoma | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Tacoma | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | New Haven | IN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 445 | |||
Initial Costs to Company, Buildings and Improvements | 2,521 | |||
Gross Amount at Which Carried at Close of Period, Land | 445 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,521 | |||
Total | 2,966 | |||
Accumulated Depreciation | $ 951 | |||
Date of Construction | 1960 | |||
Date Acquired | 2011 | |||
Industrial Property [Member] | New Haven | IN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | New Haven | IN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Raleigh | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,034 | |||
Initial Costs to Company, Buildings and Improvements | 8,137 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,034 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,137 | |||
Total | 10,171 | |||
Accumulated Depreciation | $ 2,264 | |||
Date of Construction | 1999 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Raleigh | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Raleigh | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Eureka | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,328 | |||
Initial Costs to Company, Buildings and Improvements | 9,311 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,328 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,311 | |||
Total | 11,639 | |||
Accumulated Depreciation | $ 3,538 | |||
Date of Construction | 1990 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Eureka | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Eureka | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Durham | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 10,469 | |||
Initial Costs to Company, Land | 3,000 | |||
Initial Costs to Company, Buildings and Improvements | 17,531 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,000 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 17,531 | |||
Total | 20,531 | |||
Accumulated Depreciation | $ 5,192 | |||
Date of Construction | 2009 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Durham | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Durham | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Kilgore | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 160 | |||
Initial Costs to Company, Buildings and Improvements | 908 | |||
Gross Amount at Which Carried at Close of Period, Land | 160 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 908 | |||
Total | 1,068 | |||
Accumulated Depreciation | $ 334 | |||
Date of Construction | 2008 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Kilgore | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Kilgore | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | American Canyon | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 7,039 | |||
Initial Costs to Company, Land | 2,378 | |||
Initial Costs to Company, Buildings and Improvements | 26,142 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,378 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 26,142 | |||
Total | 28,520 | |||
Accumulated Depreciation | $ 6,870 | |||
Date of Construction | 2002 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | American Canyon | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | American Canyon | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Huber Heights | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 583 | |||
Initial Costs to Company, Buildings and Improvements | 1,748 | |||
Gross Amount at Which Carried at Close of Period, Land | 583 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,748 | |||
Total | 2,331 | |||
Accumulated Depreciation | $ 644 | |||
Date of Construction | 1985 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Huber Heights | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Huber Heights | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Eastlake | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 854 | |||
Initial Costs to Company, Buildings and Improvements | 2,562 | |||
Gross Amount at Which Carried at Close of Period, Land | 854 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,562 | |||
Total | 3,416 | |||
Accumulated Depreciation | $ 807 | |||
Date of Construction | 1981 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Eastlake | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Eastlake | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Union Grove | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 239 | |||
Initial Costs to Company, Buildings and Improvements | 957 | |||
Gross Amount at Which Carried at Close of Period, Land | 239 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 957 | |||
Total | 1,196 | |||
Accumulated Depreciation | $ 222 | |||
Date of Construction | 1993 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Union Grove | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Union Grove | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Union Grove | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 347 | |||
Initial Costs to Company, Buildings and Improvements | 1,386 | |||
Gross Amount at Which Carried at Close of Period, Land | 347 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,386 | |||
Total | 1,733 | |||
Accumulated Depreciation | $ 309 | |||
Date of Construction | 1979 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Union Grove | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Union Grove | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Rock Hill | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 796 | |||
Initial Costs to Company, Buildings and Improvements | 3,185 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 72 | |||
Gross Amount at Which Carried at Close of Period, Land | 796 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,257 | |||
Total | 4,053 | |||
Accumulated Depreciation | $ 1,021 | |||
Date of Construction | 1999 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Rock Hill | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Rock Hill | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Union Grove | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 427 | |||
Initial Costs to Company, Buildings and Improvements | 3,413 | |||
Gross Amount at Which Carried at Close of Period, Land | 427 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,413 | |||
Total | 3,840 | |||
Accumulated Depreciation | $ 663 | |||
Date of Construction | 2014 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Union Grove | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Union Grove | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Oshkosh | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 456 | |||
Initial Costs to Company, Buildings and Improvements | 869 | |||
Gross Amount at Which Carried at Close of Period, Land | 456 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 869 | |||
Total | 1,325 | |||
Accumulated Depreciation | $ 191 | |||
Date of Construction | 2007 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Oshkosh | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Oshkosh | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Hoffman Estates | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 12,253 | |||
Initial Costs to Company, Buildings and Improvements | 23,456 | |||
Gross Amount at Which Carried at Close of Period, Land | 12,253 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 23,456 | |||
Total | 35,709 | |||
Accumulated Depreciation | $ 6,186 | |||
Date of Construction | 1988 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Hoffman Estates | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Hoffman Estates | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | White Marsh | MD | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,223 | |||
Initial Costs to Company, Buildings and Improvements | 200 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,223 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 200 | |||
Total | 3,423 | |||
Accumulated Depreciation | $ 65 | |||
Date of Construction | 1986 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | White Marsh | MD | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | White Marsh | MD | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Manassas | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,187 | |||
Initial Costs to Company, Buildings and Improvements | 197 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,187 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 197 | |||
Total | 1,384 | |||
Accumulated Depreciation | $ 54 | |||
Date of Construction | 1986 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Manassas | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Manassas | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Morrisville | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 235 | |||
Initial Costs to Company, Buildings and Improvements | 46 | |||
Gross Amount at Which Carried at Close of Period, Land | 235 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 46 | |||
Total | 281 | |||
Accumulated Depreciation | $ 16 | |||
Date of Construction | 1960 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Morrisville | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Morrisville | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Aston | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,554 | |||
Initial Costs to Company, Buildings and Improvements | 126 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,554 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 126 | |||
Total | 2,680 | |||
Accumulated Depreciation | $ 39 | |||
Date of Construction | 1984 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Aston | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Aston | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Cincinnati | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,001 | |||
Initial Costs to Company, Buildings and Improvements | 173 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,001 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 173 | |||
Total | 1,174 | |||
Accumulated Depreciation | $ 65 | |||
Date of Construction | 1976 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Cincinnati | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Cincinnati | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Columbus | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 757 | |||
Initial Costs to Company, Buildings and Improvements | 77 | |||
Gross Amount at Which Carried at Close of Period, Land | 757 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 77 | |||
Total | 834 | |||
Accumulated Depreciation | $ 24 | |||
Date of Construction | 1981 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Columbus | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Columbus | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Columbus | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 615 | |||
Initial Costs to Company, Buildings and Improvements | 9,942 | |||
Gross Amount at Which Carried at Close of Period, Land | 615 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,942 | |||
Total | 10,557 | |||
Accumulated Depreciation | $ 1,516 | |||
Date of Construction | 1907 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Columbus | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Columbus | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Windsor | CT | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,887 | |||
Initial Costs to Company, Buildings and Improvements | 204 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,887 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 204 | |||
Total | 2,091 | |||
Accumulated Depreciation | $ 77 | |||
Date of Construction | 1986 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Windsor | CT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Windsor | CT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Pittsburgh | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,691 | |||
Initial Costs to Company, Buildings and Improvements | 244 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,691 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 244 | |||
Total | 1,935 | |||
Accumulated Depreciation | $ 78 | |||
Date of Construction | 1989 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Pittsburgh | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Pittsburgh | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Norton Shores | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 198 | |||
Initial Costs to Company, Buildings and Improvements | 2,932 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 393 | |||
Gross Amount at Which Carried at Close of Period, Land | 198 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,325 | |||
Total | 3,523 | |||
Accumulated Depreciation | $ 582 | |||
Date of Construction | 2002 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Norton Shores | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Norton Shores | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 168 | |||
Initial Costs to Company, Buildings and Improvements | 2,751 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 13 | |||
Gross Amount at Which Carried at Close of Period, Land | 168 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,764 | |||
Total | 2,932 | |||
Accumulated Depreciation | $ 651 | |||
Date of Construction | 1985 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 454 | |||
Initial Costs to Company, Buildings and Improvements | 6,889 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 706 | |||
Gross Amount at Which Carried at Close of Period, Land | 454 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,595 | |||
Total | 8,049 | |||
Accumulated Depreciation | $ 1,664 | |||
Date of Construction | 2012 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 463 | |||
Initial Costs to Company, Buildings and Improvements | 2,512 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 23 | |||
Gross Amount at Which Carried at Close of Period, Land | 463 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,535 | |||
Total | 2,998 | |||
Accumulated Depreciation | $ 644 | |||
Date of Construction | 1978 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 257 | |||
Initial Costs to Company, Buildings and Improvements | 655 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 383 | |||
Gross Amount at Which Carried at Close of Period, Land | 257 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,038 | |||
Total | 1,295 | |||
Accumulated Depreciation | $ 181 | |||
Date of Construction | 2005 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Greenwich | CT | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 16,898 | |||
Initial Costs to Company, Buildings and Improvements | 959 | |||
Gross Amount at Which Carried at Close of Period, Land | 16,898 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 959 | |||
Total | 17,857 | |||
Accumulated Depreciation | $ 240 | |||
Date of Construction | 1967 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Greenwich | CT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Greenwich | CT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Elgin | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 4,339 | |||
Initial Costs to Company, Buildings and Improvements | 17,458 | |||
Gross Amount at Which Carried at Close of Period, Land | 4,339 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 17,458 | |||
Total | 21,797 | |||
Accumulated Depreciation | $ 3,441 | |||
Date of Construction | 2009 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Elgin | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Elgin | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Shakopee | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,962 | |||
Initial Costs to Company, Buildings and Improvements | 21,296 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,962 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 21,296 | |||
Total | 25,258 | |||
Accumulated Depreciation | $ 4,399 | |||
Date of Construction | 2014 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Shakopee | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Shakopee | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Houston | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,242 | |||
Initial Costs to Company, Buildings and Improvements | 2,698 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,242 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,698 | |||
Total | 3,940 | |||
Accumulated Depreciation | $ 687 | |||
Date of Construction | 1972 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Houston | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Houston | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Winona | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,653 | |||
Initial Costs to Company, Buildings and Improvements | 7,694 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,653 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,694 | |||
Total | 9,347 | |||
Accumulated Depreciation | $ 1,366 | |||
Date of Construction | 2008 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Winona | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Winona | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Winona | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 804 | |||
Initial Costs to Company, Buildings and Improvements | 4,412 | |||
Gross Amount at Which Carried at Close of Period, Land | 804 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,412 | |||
Total | 5,216 | |||
Accumulated Depreciation | $ 764 | |||
Date of Construction | 2008 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Winona | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Winona | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Mt. Pleasant | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,785 | |||
Initial Costs to Company, Buildings and Improvements | 5,540 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,785 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,540 | |||
Total | 7,325 | |||
Accumulated Depreciation | $ 1,094 | |||
Date of Construction | 1994 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Mt. Pleasant | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Mt. Pleasant | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Madill | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,395 | |||
Initial Costs to Company, Buildings and Improvements | 5,796 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,395 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,796 | |||
Total | 7,191 | |||
Accumulated Depreciation | $ 1,094 | |||
Date of Construction | 1999 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Madill | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Madill | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Madill | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,657 | |||
Initial Costs to Company, Buildings and Improvements | 1,566 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,001 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,657 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,567 | |||
Total | 5,224 | |||
Accumulated Depreciation | $ 393 | |||
Date of Construction | 1972 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Madill | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Madill | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Madill | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 621 | |||
Initial Costs to Company, Buildings and Improvements | 1,759 | |||
Gross Amount at Which Carried at Close of Period, Land | 621 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,759 | |||
Total | 2,380 | |||
Accumulated Depreciation | $ 333 | |||
Date of Construction | 1977 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Madill | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Madill | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Willis Point | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,102 | |||
Initial Costs to Company, Buildings and Improvements | 2,420 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,102 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,420 | |||
Total | 5,522 | |||
Accumulated Depreciation | $ 564 | |||
Date of Construction | 2003 / 2008 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Willis Point | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Willis Point | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Fitzgerald | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,939 | |||
Initial Costs to Company, Buildings and Improvements | 3,316 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,939 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,316 | |||
Total | 5,255 | |||
Accumulated Depreciation | $ 709 | |||
Date of Construction | 1997 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Fitzgerald | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Fitzgerald | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Cordele | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,705 | |||
Initial Costs to Company, Buildings and Improvements | 3,786 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,705 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,786 | |||
Total | 6,491 | |||
Accumulated Depreciation | $ 702 | |||
Date of Construction | 2000 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Cordele | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Cordele | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Kingston | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,857 | |||
Initial Costs to Company, Buildings and Improvements | 1,692 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,857 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,692 | |||
Total | 3,549 | |||
Accumulated Depreciation | $ 375 | |||
Date of Construction | 2013 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Kingston | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Kingston | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Odessa | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 529 | |||
Initial Costs to Company, Buildings and Improvements | 3,327 | |||
Gross Amount at Which Carried at Close of Period, Land | 529 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,327 | |||
Total | 3,856 | |||
Accumulated Depreciation | $ 635 | |||
Date of Construction | 2012 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Odessa | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Odessa | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Columbia | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 380 | |||
Initial Costs to Company, Buildings and Improvements | 1,339 | |||
Gross Amount at Which Carried at Close of Period, Land | 380 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,339 | |||
Total | 1,719 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 2006 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Columbia | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Columbia | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Columbia | MD | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 667 | |||
Initial Costs to Company, Buildings and Improvements | 9,220 | |||
Gross Amount at Which Carried at Close of Period, Land | 667 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,220 | |||
Total | 9,887 | |||
Accumulated Depreciation | $ 1,578 | |||
Date of Construction | 1984 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Columbia | MD | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Columbia | MD | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Menomonee Falls | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,378 | |||
Initial Costs to Company, Buildings and Improvements | 18,557 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,378 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 18,557 | |||
Total | 19,935 | |||
Accumulated Depreciation | $ 3,043 | |||
Date of Construction | 2001 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Menomonee Falls | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Menomonee Falls | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Elk River | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 763 | |||
Initial Costs to Company, Buildings and Improvements | 4,937 | |||
Gross Amount at Which Carried at Close of Period, Land | 763 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,937 | |||
Total | 5,700 | |||
Accumulated Depreciation | $ 959 | |||
Date of Construction | 2008 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Elk River | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Elk River | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Sanford | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,075 | |||
Initial Costs to Company, Buildings and Improvements | 7,600 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,075 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,600 | |||
Total | 9,675 | |||
Accumulated Depreciation | $ 1,321 | |||
Date of Construction | 2002 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Sanford | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Sanford | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Ephrata | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 531 | |||
Initial Costs to Company, Buildings and Improvements | 6,995 | |||
Gross Amount at Which Carried at Close of Period, Land | 531 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,995 | |||
Total | 7,526 | |||
Accumulated Depreciation | $ 1,584 | |||
Date of Construction | 2000 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Ephrata | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Ephrata | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Greer | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 607 | |||
Initial Costs to Company, Buildings and Improvements | 2,502 | |||
Gross Amount at Which Carried at Close of Period, Land | 607 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,502 | |||
Total | 3,109 | |||
Accumulated Depreciation | $ 472 | |||
Date of Construction | 1978 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Greer | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Greer | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Joplin | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 831 | |||
Initial Costs to Company, Buildings and Improvements | 9,600 | |||
Gross Amount at Which Carried at Close of Period, Land | 831 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,600 | |||
Total | 10,431 | |||
Accumulated Depreciation | $ 1,593 | |||
Date of Construction | 1993 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Joplin | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Joplin | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Katy | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,493 | |||
Initial Costs to Company, Buildings and Improvements | 3,883 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,493 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,883 | |||
Total | 5,376 | |||
Accumulated Depreciation | $ 718 | |||
Date of Construction | 1996 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Katy | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Katy | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Kinston | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,017 | |||
Initial Costs to Company, Buildings and Improvements | 10,418 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 43 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,017 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 10,461 | |||
Total | 11,478 | |||
Accumulated Depreciation | $ 1,757 | |||
Date of Construction | 1979 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Kinston | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Kinston | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Euless | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,487 | |||
Initial Costs to Company, Buildings and Improvements | 3,051 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,487 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,051 | |||
Total | 4,538 | |||
Accumulated Depreciation | $ 537 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Euless | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Euless | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Jacksonville | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,221 | |||
Initial Costs to Company, Buildings and Improvements | 3,316 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,221 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,316 | |||
Total | 4,537 | |||
Accumulated Depreciation | $ 531 | |||
Date of Construction | 1974 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Jacksonville | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Jacksonville | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Lima | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 656 | |||
Initial Costs to Company, Buildings and Improvements | 21,645 | |||
Gross Amount at Which Carried at Close of Period, Land | 656 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 21,645 | |||
Total | 22,301 | |||
Accumulated Depreciation | $ 3,185 | |||
Date of Construction | 2009 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Lima | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Lima | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Portage | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,181 | |||
Initial Costs to Company, Buildings and Improvements | 13,130 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 13 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,181 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,143 | |||
Total | 14,324 | |||
Accumulated Depreciation | $ 2,333 | |||
Date of Construction | 2001 | |||
Date Acquired | 2016 | |||
Industrial Property [Member] | Portage | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Portage | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Milpitas | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,478 | |||
Initial Costs to Company, Buildings and Improvements | 8,164 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,478 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,164 | |||
Total | 9,642 | |||
Accumulated Depreciation | $ 973 | |||
Date of Construction | 1982 | |||
Date Acquired | 2016 | |||
Industrial Property [Member] | Milpitas | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Milpitas | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | St. Cloud | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 565 | |||
Initial Costs to Company, Buildings and Improvements | 20,420 | |||
Gross Amount at Which Carried at Close of Period, Land | 565 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 20,420 | |||
Total | 20,985 | |||
Accumulated Depreciation | $ 2,699 | |||
Date of Construction | 1999 | |||
Date Acquired | 2016 | |||
Industrial Property [Member] | St. Cloud | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | St. Cloud | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | New Kensington | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 907 | |||
Initial Costs to Company, Buildings and Improvements | 13,058 | |||
Gross Amount at Which Carried at Close of Period, Land | 907 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,058 | |||
Total | 13,965 | |||
Accumulated Depreciation | $ 1,510 | |||
Date of Construction | 2015 | |||
Date Acquired | 2016 | |||
Industrial Property [Member] | New Kensington | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | New Kensington | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Denver | CO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,105 | |||
Initial Costs to Company, Buildings and Improvements | 8,077 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2,000 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,105 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 10,077 | |||
Total | 11,182 | |||
Accumulated Depreciation | $ 1,071 | |||
Date of Construction | 1975 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Denver | CO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Denver | CO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Denver | CO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 252 | |||
Initial Costs to Company, Buildings and Improvements | 1,658 | |||
Gross Amount at Which Carried at Close of Period, Land | 252 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,658 | |||
Total | 1,910 | |||
Accumulated Depreciation | $ 167 | |||
Date of Construction | 1977 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Denver | CO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Denver | CO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Germantown | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 612 | |||
Initial Costs to Company, Buildings and Improvements | 2,062 | |||
Gross Amount at Which Carried at Close of Period, Land | 612 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,062 | |||
Total | 2,674 | |||
Accumulated Depreciation | $ 208 | |||
Date of Construction | 1989 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Germantown | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Germantown | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Germantown | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 575 | |||
Initial Costs to Company, Buildings and Improvements | 2,086 | |||
Gross Amount at Which Carried at Close of Period, Land | 575 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,086 | |||
Total | 2,661 | |||
Accumulated Depreciation | $ 207 | |||
Date of Construction | 2000 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Germantown | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Germantown | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Cary | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 877 | |||
Initial Costs to Company, Buildings and Improvements | 3,295 | |||
Gross Amount at Which Carried at Close of Period, Land | 877 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,295 | |||
Total | 4,172 | |||
Accumulated Depreciation | $ 130 | |||
Date of Construction | 1982 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Cary | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Cary | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Green Bay | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 406 | |||
Initial Costs to Company, Buildings and Improvements | 7,032 | |||
Gross Amount at Which Carried at Close of Period, Land | 406 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,032 | |||
Total | 7,438 | |||
Accumulated Depreciation | $ 705 | |||
Date of Construction | 1989 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Green Bay | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Green Bay | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Two Rivers | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 445 | |||
Initial Costs to Company, Buildings and Improvements | 1,885 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,750 | |||
Gross Amount at Which Carried at Close of Period, Land | 445 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,635 | |||
Total | 4,080 | |||
Accumulated Depreciation | $ 331 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Two Rivers | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Two Rivers | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Little Chute | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 342 | |||
Initial Costs to Company, Buildings and Improvements | 52,744 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 68 | |||
Gross Amount at Which Carried at Close of Period, Land | 342 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 52,812 | |||
Total | 53,154 | |||
Accumulated Depreciation | $ 5,204 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Little Chute | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Industrial Property [Member] | Little Chute | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Las Vegas | NV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,034 | |||
Initial Costs to Company, Buildings and Improvements | 11,857 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,034 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 11,857 | |||
Total | 14,891 | |||
Accumulated Depreciation | $ 1,042 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Las Vegas | NV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Las Vegas | NV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Walker | LA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 4,646 | |||
Initial Costs to Company, Buildings and Improvements | 30,310 | |||
Gross Amount at Which Carried at Close of Period, Land | 4,646 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 30,310 | |||
Total | 34,956 | |||
Accumulated Depreciation | $ 2,891 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Walker | LA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Walker | LA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Saxonburg | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,048 | |||
Initial Costs to Company, Buildings and Improvements | 7,545 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,048 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,546 | |||
Total | 8,594 | |||
Accumulated Depreciation | $ 761 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Saxonburg | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Saxonburg | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Butler | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,885 | |||
Initial Costs to Company, Buildings and Improvements | 6,294 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,885 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,294 | |||
Total | 8,179 | |||
Accumulated Depreciation | $ 679 | |||
Date of Construction | 1990 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Butler | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Butler | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Story City | IOWA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 5,700 | |||
Initial Costs to Company, Buildings and Improvements | 13,916 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 28 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,700 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,944 | |||
Total | 19,644 | |||
Accumulated Depreciation | $ 1,386 | |||
Date of Construction | 1997 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Story City | IOWA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Story City | IOWA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | San Jose | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 9,489 | |||
Initial Costs to Company, Buildings and Improvements | 18,617 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,358 | |||
Gross Amount at Which Carried at Close of Period, Land | 9,489 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,975 | |||
Total | 29,464 | |||
Accumulated Depreciation | $ 1,937 | |||
Date of Construction | 1983 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | San Jose | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | San Jose | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Taunton | MASSACHUSETTS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,157 | |||
Initial Costs to Company, Buildings and Improvements | 16,851 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,157 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 16,851 | |||
Total | 20,008 | |||
Accumulated Depreciation | $ 1,527 | |||
Date of Construction | 1987 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Taunton | MASSACHUSETTS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Taunton | MASSACHUSETTS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Knoxville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 447 | |||
Initial Costs to Company, Buildings and Improvements | 4,276 | |||
Gross Amount at Which Carried at Close of Period, Land | 447 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,276 | |||
Total | 4,723 | |||
Accumulated Depreciation | $ 316 | |||
Date of Construction | 1977 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Knoxville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Knoxville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Elk Grove Village | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,014 | |||
Initial Costs to Company, Buildings and Improvements | 3,686 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,014 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,686 | |||
Total | 5,700 | |||
Accumulated Depreciation | $ 301 | |||
Date of Construction | 2014 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Elk Grove Village | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Elk Grove Village | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Elgin | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,265 | |||
Initial Costs to Company, Buildings and Improvements | 4,947 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,265 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,947 | |||
Total | 8,212 | |||
Accumulated Depreciation | $ 451 | |||
Date of Construction | 1981 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Elgin | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Elgin | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Lordstown | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,028 | |||
Initial Costs to Company, Buildings and Improvements | 36,068 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,028 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 36,068 | |||
Total | 37,096 | |||
Accumulated Depreciation | $ 2,534 | |||
Date of Construction | 2012 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Lordstown | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Lordstown | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Perth Amboy | NJ | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 19,947 | |||
Initial Costs to Company, Land | 5,622 | |||
Initial Costs to Company, Buildings and Improvements | 35,420 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,622 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 35,420 | |||
Total | 41,042 | |||
Accumulated Depreciation | $ 2,353 | |||
Date of Construction | 1933 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Perth Amboy | NJ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Perth Amboy | NJ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Indianapolis | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 840 | |||
Initial Costs to Company, Buildings and Improvements | 8,395 | |||
Gross Amount at Which Carried at Close of Period, Land | 840 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,395 | |||
Total | 9,235 | |||
Accumulated Depreciation | $ 622 | |||
Date of Construction | 1972 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Indianapolis | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Indianapolis | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Hazelwood | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,936 | |||
Initial Costs to Company, Buildings and Improvements | 7,565 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,936 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,565 | |||
Total | 10,501 | |||
Accumulated Depreciation | $ 563 | |||
Date of Construction | 1966 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Hazelwood | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Hazelwood | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Fridley | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 273 | |||
Initial Costs to Company, Buildings and Improvements | 1,986 | |||
Gross Amount at Which Carried at Close of Period, Land | 273 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,986 | |||
Total | 2,259 | |||
Accumulated Depreciation | $ 148 | |||
Date of Construction | 1973 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Fridley | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Fridley | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Burnsville | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 207 | |||
Initial Costs to Company, Buildings and Improvements | 2,209 | |||
Gross Amount at Which Carried at Close of Period, Land | 207 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,209 | |||
Total | 2,416 | |||
Accumulated Depreciation | $ 162 | |||
Date of Construction | 1973 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Burnsville | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Burnsville | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | North Canton | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 338 | |||
Initial Costs to Company, Buildings and Improvements | 8,263 | |||
Gross Amount at Which Carried at Close of Period, Land | 338 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,263 | |||
Total | 8,601 | |||
Accumulated Depreciation | $ 543 | |||
Date of Construction | 1988 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | North Canton | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | North Canton | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Madison | MS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,348 | |||
Initial Costs to Company, Buildings and Improvements | 11,997 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,348 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 11,997 | |||
Total | 15,345 | |||
Accumulated Depreciation | $ 750 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Madison | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Madison | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Novi | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 872 | |||
Initial Costs to Company, Buildings and Improvements | 8,274 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 4 | |||
Gross Amount at Which Carried at Close of Period, Land | 872 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,278 | |||
Total | 9,150 | |||
Accumulated Depreciation | $ 485 | |||
Date of Construction | 2018 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Novi | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Novi | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Evansville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 253 | |||
Initial Costs to Company, Buildings and Improvements | 9,601 | |||
Gross Amount at Which Carried at Close of Period, Land | 253 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,601 | |||
Total | 9,854 | |||
Accumulated Depreciation | $ 474 | |||
Date of Construction | 1932 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Greenfield | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,828 | |||
Initial Costs to Company, Buildings and Improvements | 19,367 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 3,680 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,828 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 23,047 | |||
Total | 25,875 | |||
Accumulated Depreciation | $ 1,781 | |||
Date of Construction | 2018 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Greenfield | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Greenfield | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Beverly | MASSACHUSETTS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 47,945 | |||
Initial Costs to Company, Land | 3,241 | |||
Initial Costs to Company, Buildings and Improvements | 65,532 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,241 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 65,532 | |||
Total | 68,773 | |||
Accumulated Depreciation | $ 3,110 | |||
Date of Construction | 1984 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Beverly | MASSACHUSETTS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Beverly | MASSACHUSETTS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Liverpool | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 374 | |||
Initial Costs to Company, Buildings and Improvements | 6,032 | |||
Gross Amount at Which Carried at Close of Period, Land | 374 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,032 | |||
Total | 6,406 | |||
Accumulated Depreciation | $ 279 | |||
Date of Construction | 1985 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Liverpool | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Liverpool | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Liverpool | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 381 | |||
Initial Costs to Company, Buildings and Improvements | 3,527 | |||
Gross Amount at Which Carried at Close of Period, Land | 381 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,527 | |||
Total | 3,908 | |||
Accumulated Depreciation | $ 168 | |||
Date of Construction | 2001 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Liverpool | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Liverpool | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Green Bay | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 528 | |||
Initial Costs to Company, Buildings and Improvements | 9,785 | |||
Gross Amount at Which Carried at Close of Period, Land | 528 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,785 | |||
Total | 10,313 | |||
Accumulated Depreciation | $ 381 | |||
Date of Construction | 2000 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Green Bay | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Green Bay | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Dallas | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,854 | |||
Initial Costs to Company, Buildings and Improvements | 34,818 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,854 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 34,818 | |||
Total | 38,672 | |||
Accumulated Depreciation | $ 1,334 | |||
Date of Construction | 2003 / 2017 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Dallas | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Dallas | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Plano | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 6,456 | |||
Initial Costs to Company, Buildings and Improvements | 37,093 | |||
Gross Amount at Which Carried at Close of Period, Land | 6,456 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 37,093 | |||
Total | 43,549 | |||
Accumulated Depreciation | $ 1,351 | |||
Date of Construction | 1983 / 1986 / 2016 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Plano | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Plano | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Lecompton | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 413 | |||
Initial Costs to Company, Buildings and Improvements | 33,211 | |||
Gross Amount at Which Carried at Close of Period, Land | 413 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 33,211 | |||
Total | 33,624 | |||
Accumulated Depreciation | $ 1,273 | |||
Date of Construction | 2012 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Lecompton | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Lecompton | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Abbotsford | British Columbia, Canada | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 25,372 | |||
Initial Costs to Company, Buildings and Improvements | 33,408 | |||
Gross Amount at Which Carried at Close of Period, Land | 25,372 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 33,408 | |||
Total | 58,780 | |||
Accumulated Depreciation | $ 1,224 | |||
Date of Construction | 2000 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Abbotsford | British Columbia, Canada | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Abbotsford | British Columbia, Canada | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Streamwood | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 4,705 | |||
Initial Costs to Company, Buildings and Improvements | 49,348 | |||
Gross Amount at Which Carried at Close of Period, Land | 4,705 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 49,348 | |||
Total | 54,053 | |||
Accumulated Depreciation | $ 1,823 | |||
Date of Construction | 1974 / 1985 / 1994 / 2012 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Streamwood | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Streamwood | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Hoffman Estates | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 10,107 | |||
Initial Costs to Company, Buildings and Improvements | 23,781 | |||
Gross Amount at Which Carried at Close of Period, Land | 10,107 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 23,781 | |||
Total | 33,888 | |||
Accumulated Depreciation | $ 881 | |||
Date of Construction | 1976 / 1998 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Hoffman Estates | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Hoffman Estates | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Savage | MD | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 4,226 | |||
Initial Costs to Company, Buildings and Improvements | 20,582 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 700 | |||
Gross Amount at Which Carried at Close of Period, Land | 4,226 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 21,282 | |||
Total | 25,508 | |||
Accumulated Depreciation | $ 816 | |||
Date of Construction | 1985 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Savage | MD | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Savage | MD | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Irving | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 11,411 | |||
Initial Costs to Company, Buildings and Improvements | 10,788 | |||
Gross Amount at Which Carried at Close of Period, Land | 11,411 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 10,788 | |||
Total | 22,199 | |||
Accumulated Depreciation | $ 433 | |||
Date of Construction | 1970 / 1980 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Irving | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Irving | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Sherman | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,023 | |||
Initial Costs to Company, Buildings and Improvements | 19,151 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,023 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,151 | |||
Total | 20,174 | |||
Accumulated Depreciation | $ 787 | |||
Date of Construction | 1979 / 1992 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Sherman | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Sherman | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Phoenix | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 5,687 | |||
Initial Costs to Company, Buildings and Improvements | 49,618 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,687 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 49,618 | |||
Total | 55,305 | |||
Accumulated Depreciation | $ 1,869 | |||
Date of Construction | 1988 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Phoenix | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Phoenix | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Chandler | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 5,858 | |||
Initial Costs to Company, Buildings and Improvements | 27,312 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,858 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 27,312 | |||
Total | 33,170 | |||
Accumulated Depreciation | $ 1,006 | |||
Date of Construction | 2008 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Chandler | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Chandler | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Prescott | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 663 | |||
Initial Costs to Company, Buildings and Improvements | 1,988 | |||
Gross Amount at Which Carried at Close of Period, Land | 663 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,988 | |||
Total | 2,651 | |||
Accumulated Depreciation | $ 77 | |||
Date of Construction | 2003 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Prescott | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Prescott | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Forest Park | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,874 | |||
Initial Costs to Company, Buildings and Improvements | 26,145 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,874 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 26,145 | |||
Total | 28,019 | |||
Accumulated Depreciation | $ 953 | |||
Date of Construction | 2001 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Forest Park | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Forest Park | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Omaha | NIGER | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,279 | |||
Initial Costs to Company, Buildings and Improvements | 16,158 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,279 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 16,158 | |||
Total | 17,437 | |||
Accumulated Depreciation | $ 592 | |||
Date of Construction | 1965 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Omaha | NIGER | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Omaha | NIGER | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Villa Rica | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,525 | |||
Initial Costs to Company, Buildings and Improvements | 9,924 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,525 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,924 | |||
Total | 11,449 | |||
Accumulated Depreciation | $ 361 | |||
Date of Construction | 1998 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Villa Rica | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Villa Rica | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Ogden | UT | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,944 | |||
Initial Costs to Company, Buildings and Improvements | 11,882 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,944 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 11,882 | |||
Total | 13,826 | |||
Accumulated Depreciation | $ 465 | |||
Date of Construction | 1989 / 2009 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Ogden | UT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Ogden | UT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Woodland Hills | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 30,453 | |||
Initial Costs to Company, Buildings and Improvements | 19,080 | |||
Gross Amount at Which Carried at Close of Period, Land | 30,453 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,080 | |||
Total | 49,533 | |||
Accumulated Depreciation | $ 710 | |||
Date of Construction | 1973 / 1983 / 2003 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Woodland Hills | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Woodland Hills | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Visalia | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,630 | |||
Initial Costs to Company, Buildings and Improvements | 23,196 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,630 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 23,196 | |||
Total | 24,826 | |||
Accumulated Depreciation | $ 856 | |||
Date of Construction | 1985 / 1993 / 1997 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Visalia | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Visalia | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Plymouth | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 270 | |||
Initial Costs to Company, Buildings and Improvements | 10,792 | |||
Gross Amount at Which Carried at Close of Period, Land | 270 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 10,792 | |||
Total | 11,062 | |||
Accumulated Depreciation | $ 413 | |||
Date of Construction | 1985 / 1997 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Plymouth | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Plymouth | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Edison | NJ | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 5,664 | |||
Initial Costs to Company, Buildings and Improvements | 13,793 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,664 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,793 | |||
Total | 19,457 | |||
Accumulated Depreciation | $ 529 | |||
Date of Construction | 1982 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Edison | NJ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Edison | NJ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Enid | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,145 | |||
Initial Costs to Company, Buildings and Improvements | 32,075 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,145 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 32,075 | |||
Total | 33,220 | |||
Accumulated Depreciation | $ 1,170 | |||
Date of Construction | 1997 / 2002 / 2006 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Enid | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Enid | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Fresno | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,971 | |||
Initial Costs to Company, Buildings and Improvements | 37,364 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,971 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 37,364 | |||
Total | 40,335 | |||
Accumulated Depreciation | $ 1,562 | |||
Date of Construction | 1972 / 1993 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Fresno | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Fresno | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Cedar Falls | IOWA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,239 | |||
Initial Costs to Company, Buildings and Improvements | 10,403 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,239 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 10,403 | |||
Total | 11,642 | |||
Accumulated Depreciation | $ 419 | |||
Date of Construction | 2019 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Cedar Falls | IOWA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Cedar Falls | IOWA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Gainsville | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 750 | |||
Initial Costs to Company, Buildings and Improvements | 5,373 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 5,137 | |||
Gross Amount at Which Carried at Close of Period, Land | 750 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 10,510 | |||
Total | 11,260 | |||
Accumulated Depreciation | $ 168 | |||
Date of Construction | 1998/2020 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Gainsville | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Gainsville | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Lexington | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,155 | |||
Initial Costs to Company, Buildings and Improvements | 3,002 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,155 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,002 | |||
Total | 5,157 | |||
Accumulated Depreciation | $ 4 | |||
Date of Construction | 2017 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Lexington | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Lexington | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Clayton | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 733 | |||
Initial Costs to Company, Buildings and Improvements | 2,850 | |||
Gross Amount at Which Carried at Close of Period, Land | 733 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,850 | |||
Total | 3,583 | |||
Accumulated Depreciation | $ 4 | |||
Date of Construction | 2006 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Clayton | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Clayton | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Grimesland | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 538 | |||
Initial Costs to Company, Buildings and Improvements | 978 | |||
Gross Amount at Which Carried at Close of Period, Land | 538 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 978 | |||
Total | 1,516 | |||
Accumulated Depreciation | $ 1 | |||
Date of Construction | 1997 / 2001 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Grimesland | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Grimesland | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Summerville | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,570 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,570 | |||
Total | $ 1,570 | |||
Date of Construction | 2001 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Summerville | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Summerville | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Apopka | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 944 | |||
Initial Costs to Company, Buildings and Improvements | 985 | |||
Gross Amount at Which Carried at Close of Period, Land | 944 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 985 | |||
Total | 1,929 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 1995 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Apopka | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Apopka | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Fort Pierce | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 305 | |||
Initial Costs to Company, Buildings and Improvements | 1,602 | |||
Gross Amount at Which Carried at Close of Period, Land | 305 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,602 | |||
Total | 1,907 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 1968 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Fort Pierce | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Fort Pierce | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Houston | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,300 | |||
Initial Costs to Company, Buildings and Improvements | 4,397 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,300 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,397 | |||
Total | 7,697 | |||
Accumulated Depreciation | $ 5 | |||
Date of Construction | 1967 / 1995 / 2017 / 2020 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Houston | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Houston | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Cold Spring | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Buildings and Improvements | $ 32,247 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 32,247 | |||
Total | 32,247 | |||
Accumulated Depreciation | $ 36 | |||
Date of Construction | 2020 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Cold Spring | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Cold Spring | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Langhorne | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,204 | |||
Initial Costs to Company, Buildings and Improvements | 5,323 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,204 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,323 | |||
Total | 7,527 | |||
Accumulated Depreciation | $ 6 | |||
Date of Construction | 1980 / 1997 / 2016 | |||
Date Acquired | 2020 | |||
Industrial Property [Member] | Langhorne | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Langhorne | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Houston | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 598 | |||
Initial Costs to Company, Buildings and Improvements | 3,388 | |||
Gross Amount at Which Carried at Close of Period, Land | 598 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,388 | |||
Total | 3,986 | |||
Accumulated Depreciation | $ 1,147 | |||
Date of Construction | 1980 | |||
Date Acquired | 2008 | |||
Healthcare Properties | Houston | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Houston | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Knoxville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 744 | |||
Initial Costs to Company, Buildings and Improvements | 2,246 | |||
Gross Amount at Which Carried at Close of Period, Land | 744 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,246 | |||
Total | 2,990 | |||
Accumulated Depreciation | $ 727 | |||
Date of Construction | 1975 | |||
Date Acquired | 2011 | |||
Healthcare Properties | Knoxville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Knoxville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Elk Grove Village | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 252 | |||
Initial Costs to Company, Buildings and Improvements | 2,933 | |||
Gross Amount at Which Carried at Close of Period, Land | 252 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,933 | |||
Total | 3,185 | |||
Accumulated Depreciation | $ 475 | |||
Date of Construction | 1985 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Elk Grove Village | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Elk Grove Village | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Indianapolis | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,086 | |||
Initial Costs to Company, Buildings and Improvements | 18,551 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,212 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,086 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,763 | |||
Total | 20,849 | |||
Accumulated Depreciation | $ 1,848 | |||
Date of Construction | 1995 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Indianapolis | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Indianapolis | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Machesney Park | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 218 | |||
Initial Costs to Company, Buildings and Improvements | 1,237 | |||
Gross Amount at Which Carried at Close of Period, Land | 218 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,237 | |||
Total | 1,455 | |||
Accumulated Depreciation | $ 483 | |||
Date of Construction | 1996 | |||
Date Acquired | 2008 | |||
Healthcare Properties | Machesney Park | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Machesney Park | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Memphis | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 530 | |||
Initial Costs to Company, Buildings and Improvements | 2,722 | |||
Gross Amount at Which Carried at Close of Period, Land | 530 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,722 | |||
Total | 3,252 | |||
Accumulated Depreciation | $ 975 | |||
Date of Construction | 1993 | |||
Date Acquired | 2009 | |||
Healthcare Properties | Memphis | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Memphis | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Greece | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,391 | |||
Initial Costs to Company, Buildings and Improvements | 30,442 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2,823 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,391 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 33,265 | |||
Total | 34,656 | |||
Accumulated Depreciation | $ 9,226 | |||
Date of Construction | 2011 | |||
Date Acquired | 2010 | |||
Healthcare Properties | Greece | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Greece | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 580 | |||
Initial Costs to Company, Buildings and Improvements | 3,304 | |||
Gross Amount at Which Carried at Close of Period, Land | 580 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,304 | |||
Total | 3,884 | |||
Accumulated Depreciation | $ 960 | |||
Date of Construction | 2002 | |||
Date Acquired | 2011 | |||
Healthcare Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 790 | |||
Initial Costs to Company, Buildings and Improvements | 4,021 | |||
Gross Amount at Which Carried at Close of Period, Land | 790 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,021 | |||
Total | 4,811 | |||
Accumulated Depreciation | $ 1,133 | |||
Date of Construction | 1985 | |||
Date Acquired | 2011 | |||
Healthcare Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Wesley Chapel | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 340 | |||
Initial Costs to Company, Buildings and Improvements | 2,862 | |||
Gross Amount at Which Carried at Close of Period, Land | 340 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,862 | |||
Total | 3,202 | |||
Accumulated Depreciation | $ 815 | |||
Date of Construction | 2008 | |||
Date Acquired | 2011 | |||
Healthcare Properties | Wesley Chapel | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Wesley Chapel | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Brandon | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 292 | |||
Initial Costs to Company, Buildings and Improvements | 1,961 | |||
Gross Amount at Which Carried at Close of Period, Land | 292 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,961 | |||
Total | 2,253 | |||
Accumulated Depreciation | $ 552 | |||
Date of Construction | 1998 | |||
Date Acquired | 2011 | |||
Healthcare Properties | Brandon | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Brandon | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Mc Alester | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 413 | |||
Initial Costs to Company, Buildings and Improvements | 1,669 | |||
Gross Amount at Which Carried at Close of Period, Land | 413 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,669 | |||
Total | 2,082 | |||
Accumulated Depreciation | $ 399 | |||
Date of Construction | 2012 | |||
Date Acquired | 2012 | |||
Healthcare Properties | Mc Alester | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Mc Alester | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Melbourne | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,320 | |||
Initial Costs to Company, Buildings and Improvements | 13,281 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,320 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,281 | |||
Total | 16,601 | |||
Accumulated Depreciation | $ 3,303 | |||
Date of Construction | 1993 | |||
Date Acquired | 2012 | |||
Healthcare Properties | Melbourne | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Melbourne | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Melbourne One | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 809 | |||
Initial Costs to Company, Buildings and Improvements | 3,235 | |||
Gross Amount at Which Carried at Close of Period, Land | 809 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,235 | |||
Total | 4,044 | |||
Accumulated Depreciation | $ 899 | |||
Date of Construction | 1998 | |||
Date Acquired | 2012 | |||
Healthcare Properties | Melbourne One | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Melbourne One | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Sarasota | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 752 | |||
Initial Costs to Company, Buildings and Improvements | 3,969 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 335 | |||
Gross Amount at Which Carried at Close of Period, Land | 752 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,304 | |||
Total | 5,056 | |||
Accumulated Depreciation | $ 934 | |||
Date of Construction | 2002 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Sarasota | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Sarasota | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Englewood | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 207 | |||
Initial Costs to Company, Buildings and Improvements | 679 | |||
Gross Amount at Which Carried at Close of Period, Land | 207 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 679 | |||
Total | 886 | |||
Accumulated Depreciation | $ 156 | |||
Date of Construction | 1985 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Englewood | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Englewood | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Brookfield | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 338 | |||
Initial Costs to Company, Buildings and Improvements | 4,603 | |||
Gross Amount at Which Carried at Close of Period, Land | 338 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,603 | |||
Total | 4,941 | |||
Accumulated Depreciation | $ 1,040 | |||
Date of Construction | 2005 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Brookfield | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Brookfield | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Waukesha | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 302 | |||
Initial Costs to Company, Buildings and Improvements | 11,218 | |||
Gross Amount at Which Carried at Close of Period, Land | 302 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 11,218 | |||
Total | 11,520 | |||
Accumulated Depreciation | $ 2,337 | |||
Date of Construction | 2005 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Waukesha | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Waukesha | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Plainfield | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 128 | |||
Initial Costs to Company, Buildings and Improvements | 7,843 | |||
Costs Capitalized Subsequent to Acquisition, Land | 702 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,489 | |||
Gross Amount at Which Carried at Close of Period, Land | 830 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,332 | |||
Total | 10,162 | |||
Accumulated Depreciation | $ 1,799 | |||
Date of Construction | 2012 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Plainfield | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Plainfield | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Greenfield | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 212 | |||
Initial Costs to Company, Buildings and Improvements | 7,163 | |||
Gross Amount at Which Carried at Close of Period, Land | 212 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,163 | |||
Total | 7,375 | |||
Accumulated Depreciation | $ 1,487 | |||
Date of Construction | 2011 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Greenfield | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Greenfield | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Brookfield | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 331 | |||
Initial Costs to Company, Buildings and Improvements | 7,542 | |||
Gross Amount at Which Carried at Close of Period, Land | 331 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,542 | |||
Total | 7,873 | |||
Accumulated Depreciation | $ 1,618 | |||
Date of Construction | 2008 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Brookfield | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Brookfield | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Goodyear | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 558 | |||
Initial Costs to Company, Buildings and Improvements | 3,529 | |||
Gross Amount at Which Carried at Close of Period, Land | 558 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,529 | |||
Total | 4,087 | |||
Accumulated Depreciation | $ 743 | |||
Date of Construction | 2013 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Goodyear | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Goodyear | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Richmond | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 348 | |||
Initial Costs to Company, Buildings and Improvements | 2,986 | |||
Gross Amount at Which Carried at Close of Period, Land | 348 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,986 | |||
Total | 3,334 | |||
Accumulated Depreciation | $ 584 | |||
Date of Construction | 2011 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Richmond | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Richmond | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Montgomery | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 94 | |||
Initial Costs to Company, Buildings and Improvements | 1,303 | |||
Gross Amount at Which Carried at Close of Period, Land | 94 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,303 | |||
Total | 1,397 | |||
Accumulated Depreciation | $ 297 | |||
Date of Construction | 2013 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Montgomery | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Montgomery | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Kingwood | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 253 | |||
Initial Costs to Company, Buildings and Improvements | 5,236 | |||
Gross Amount at Which Carried at Close of Period, Land | 253 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,236 | |||
Total | 5,489 | |||
Accumulated Depreciation | $ 919 | |||
Date of Construction | 2009 | |||
Date Acquired | 2014 | |||
Healthcare Properties | Kingwood | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Kingwood | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Lubbock | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,616 | |||
Initial Costs to Company, Buildings and Improvements | 6,195 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 135 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,616 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,330 | |||
Total | 7,946 | |||
Accumulated Depreciation | $ 1,117 | |||
Date of Construction | 2001 | |||
Date Acquired | 2014 | |||
Healthcare Properties | Lubbock | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Lubbock | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Russellville | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,232 | |||
Initial Costs to Company, Buildings and Improvements | 4,752 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,232 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,752 | |||
Total | 5,984 | |||
Accumulated Depreciation | $ 969 | |||
Date of Construction | 2010 | |||
Date Acquired | 2014 | |||
Healthcare Properties | Russellville | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Russellville | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Little Rock | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,866 | |||
Initial Costs to Company, Buildings and Improvements | 5,294 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,866 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,294 | |||
Total | 7,160 | |||
Accumulated Depreciation | $ 1,109 | |||
Date of Construction | 2012 | |||
Date Acquired | 2014 | |||
Healthcare Properties | Little Rock | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Little Rock | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Conway | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,522 | |||
Initial Costs to Company, Buildings and Improvements | 3,579 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 5,624 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,522 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,203 | |||
Total | 10,725 | |||
Accumulated Depreciation | $ 1,328 | |||
Date of Construction | 2007 | |||
Date Acquired | 2014 | |||
Healthcare Properties | Conway | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Conway | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Hudsonville | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 199 | |||
Initial Costs to Company, Buildings and Improvements | 3,631 | |||
Gross Amount at Which Carried at Close of Period, Land | 199 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,631 | |||
Total | 3,830 | |||
Accumulated Depreciation | $ 584 | |||
Date of Construction | 2007 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Hudsonville | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Hudsonville | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Franklin | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 766 | |||
Initial Costs to Company, Buildings and Improvements | 3,728 | |||
Gross Amount at Which Carried at Close of Period, Land | 766 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,728 | |||
Total | 4,494 | |||
Accumulated Depreciation | $ 684 | |||
Date of Construction | 2005 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Franklin | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Franklin | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Virginia Beach | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 827 | |||
Initial Costs to Company, Buildings and Improvements | 3,310 | |||
Gross Amount at Which Carried at Close of Period, Land | 827 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,310 | |||
Total | 4,137 | |||
Accumulated Depreciation | $ 461 | |||
Date of Construction | 2008 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Virginia Beach | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Virginia Beach | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 42 | |||
Initial Costs to Company, Buildings and Improvements | 6,945 | |||
Gross Amount at Which Carried at Close of Period, Land | 42 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,945 | |||
Total | 6,987 | |||
Accumulated Depreciation | $ 735 | |||
Date of Construction | 1999 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 8 | |||
Initial Costs to Company, Buildings and Improvements | 732 | |||
Gross Amount at Which Carried at Close of Period, Land | 8 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 732 | |||
Total | 740 | |||
Accumulated Depreciation | $ 77 | |||
Date of Construction | 1999 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 33 | |||
Initial Costs to Company, Buildings and Improvements | 2,094 | |||
Gross Amount at Which Carried at Close of Period, Land | 33 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,094 | |||
Total | 2,127 | |||
Accumulated Depreciation | $ 221 | |||
Date of Construction | 2013 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Houston | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 405 | |||
Initial Costs to Company, Buildings and Improvements | 2,586 | |||
Gross Amount at Which Carried at Close of Period, Land | 405 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,586 | |||
Total | 2,991 | |||
Accumulated Depreciation | $ 294 | |||
Date of Construction | 2002 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Houston | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Houston | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Mt. Dora | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,338 | |||
Initial Costs to Company, Buildings and Improvements | 4,788 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,338 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,788 | |||
Total | 6,126 | |||
Accumulated Depreciation | $ 747 | |||
Date of Construction | 1988 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Mt. Dora | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Mt. Dora | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Mt. Dora | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 477 | |||
Initial Costs to Company, Buildings and Improvements | 691 | |||
Gross Amount at Which Carried at Close of Period, Land | 477 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 691 | |||
Total | 1,168 | |||
Accumulated Depreciation | $ 142 | |||
Date of Construction | 1987 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Mt. Dora | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Mt. Dora | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Summerfield | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 295 | |||
Initial Costs to Company, Buildings and Improvements | 2,146 | |||
Gross Amount at Which Carried at Close of Period, Land | 295 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,146 | |||
Total | 2,441 | |||
Accumulated Depreciation | $ 336 | |||
Date of Construction | 2000 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Summerfield | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Summerfield | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Summerfield | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 362 | |||
Initial Costs to Company, Buildings and Improvements | 2,632 | |||
Gross Amount at Which Carried at Close of Period, Land | 362 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,632 | |||
Total | 2,994 | |||
Accumulated Depreciation | $ 412 | |||
Date of Construction | 2008 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Summerfield | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Summerfield | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Leesburg | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 402 | |||
Initial Costs to Company, Buildings and Improvements | 1,869 | |||
Gross Amount at Which Carried at Close of Period, Land | 402 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,869 | |||
Total | 2,271 | |||
Accumulated Depreciation | $ 312 | |||
Date of Construction | 1994 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Leesburg | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Leesburg | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tempe | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,181 | |||
Initial Costs to Company, Buildings and Improvements | 14,580 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,181 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 14,580 | |||
Total | 15,761 | |||
Accumulated Depreciation | $ 2,372 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Tempe | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tempe | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Lincoln | NE | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,300 | |||
Initial Costs to Company, Buildings and Improvements | 13,163 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,300 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,163 | |||
Total | 14,463 | |||
Accumulated Depreciation | $ 2,046 | |||
Date of Construction | 1973 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Lincoln | NE | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Lincoln | NE | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | North Little Rock | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 532 | |||
Initial Costs to Company, Buildings and Improvements | 51,843 | |||
Gross Amount at Which Carried at Close of Period, Land | 532 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 51,843 | |||
Total | 52,375 | |||
Accumulated Depreciation | $ 7,202 | |||
Date of Construction | 2005 | |||
Date Acquired | 2015 | |||
Healthcare Properties | North Little Rock | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | North Little Rock | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Worthington | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 264 | |||
Initial Costs to Company, Buildings and Improvements | 12,053 | |||
Gross Amount at Which Carried at Close of Period, Land | 264 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 12,053 | |||
Total | 12,317 | |||
Accumulated Depreciation | $ 1,546 | |||
Date of Construction | 1979 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Worthington | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Worthington | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Carmel | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 243 | |||
Initial Costs to Company, Buildings and Improvements | 3,519 | |||
Gross Amount at Which Carried at Close of Period, Land | 243 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,519 | |||
Total | 3,762 | |||
Accumulated Depreciation | $ 604 | |||
Date of Construction | 2006 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Carmel | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Carmel | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Copley | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 104 | |||
Initial Costs to Company, Buildings and Improvements | 6,359 | |||
Gross Amount at Which Carried at Close of Period, Land | 104 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,359 | |||
Total | 6,463 | |||
Accumulated Depreciation | $ 602 | |||
Date of Construction | 1996 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Copley | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Copley | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Cleveland | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 323 | |||
Initial Costs to Company, Buildings and Improvements | 2,744 | |||
Gross Amount at Which Carried at Close of Period, Land | 323 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,744 | |||
Total | 3,067 | |||
Accumulated Depreciation | $ 285 | |||
Date of Construction | 2007 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Cleveland | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Cleveland | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Girard | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 75 | |||
Initial Costs to Company, Buildings and Improvements | 1,107 | |||
Gross Amount at Which Carried at Close of Period, Land | 75 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,107 | |||
Total | 1,182 | |||
Accumulated Depreciation | $ 137 | |||
Date of Construction | 2003 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Girard | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Girard | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Moraine Dayton | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 336 | |||
Initial Costs to Company, Buildings and Improvements | 3,654 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2 | |||
Gross Amount at Which Carried at Close of Period, Land | 336 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,656 | |||
Total | 3,992 | |||
Accumulated Depreciation | $ 354 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Moraine Dayton | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Moraine Dayton | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Commerce Township | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 412 | |||
Initial Costs to Company, Buildings and Improvements | 1,935 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2 | |||
Gross Amount at Which Carried at Close of Period, Land | 412 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,937 | |||
Total | 2,349 | |||
Accumulated Depreciation | $ 209 | |||
Date of Construction | 2007 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Commerce Township | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Commerce Township | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Modesto | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 689 | |||
Initial Costs to Company, Buildings and Improvements | 19,200 | |||
Gross Amount at Which Carried at Close of Period, Land | 689 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,200 | |||
Total | 19,889 | |||
Accumulated Depreciation | $ 2,258 | |||
Date of Construction | 1984 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Modesto | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Modesto | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Modesto1 | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 300 | |||
Initial Costs to Company, Buildings and Improvements | 4,273 | |||
Gross Amount at Which Carried at Close of Period, Land | 300 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,273 | |||
Total | 4,573 | |||
Accumulated Depreciation | $ 525 | |||
Date of Construction | 1984 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Modesto1 | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Modesto1 | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Clinton Township | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 396 | |||
Initial Costs to Company, Buildings and Improvements | 6,694 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 35 | |||
Gross Amount at Which Carried at Close of Period, Land | 396 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,729 | |||
Total | 7,125 | |||
Accumulated Depreciation | $ 733 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Clinton Township | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Clinton Township | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Westland | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 394 | |||
Initial Costs to Company, Buildings and Improvements | 6,106 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 29 | |||
Gross Amount at Which Carried at Close of Period, Land | 394 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,135 | |||
Total | 6,529 | |||
Accumulated Depreciation | $ 640 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Westland | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Westland | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Lenoir | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 150 | |||
Initial Costs to Company, Buildings and Improvements | 3,622 | |||
Gross Amount at Which Carried at Close of Period, Land | 150 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,622 | |||
Total | 3,772 | |||
Accumulated Depreciation | $ 372 | |||
Date of Construction | 2010 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Lenoir | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Lenoir | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Morganton | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 164 | |||
Initial Costs to Company, Buildings and Improvements | 3,010 | |||
Gross Amount at Which Carried at Close of Period, Land | 164 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,010 | |||
Total | 3,174 | |||
Accumulated Depreciation | $ 313 | |||
Date of Construction | 2000 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Morganton | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Morganton | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Rutherford College | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 130 | |||
Initial Costs to Company, Buildings and Improvements | 2,692 | |||
Gross Amount at Which Carried at Close of Period, Land | 130 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,692 | |||
Total | 2,822 | |||
Accumulated Depreciation | $ 280 | |||
Date of Construction | 2007 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Rutherford College | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Rutherford College | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Hickory | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 473 | |||
Initial Costs to Company, Buildings and Improvements | 4,991 | |||
Gross Amount at Which Carried at Close of Period, Land | 473 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,991 | |||
Total | 5,464 | |||
Accumulated Depreciation | $ 545 | |||
Date of Construction | 2000 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Hickory | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Hickory | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Newton | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 195 | |||
Initial Costs to Company, Buildings and Improvements | 1,085 | |||
Gross Amount at Which Carried at Close of Period, Land | 195 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,085 | |||
Total | 1,280 | |||
Accumulated Depreciation | $ 125 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Newton | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Newton | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Newton | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 101 | |||
Initial Costs to Company, Buildings and Improvements | 458 | |||
Gross Amount at Which Carried at Close of Period, Land | 101 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 458 | |||
Total | 559 | |||
Accumulated Depreciation | $ 50 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Newton | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Newton | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Wilson | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 547 | |||
Initial Costs to Company, Buildings and Improvements | 6,214 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 51 | |||
Gross Amount at Which Carried at Close of Period, Land | 547 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,265 | |||
Total | 6,812 | |||
Accumulated Depreciation | $ 656 | |||
Date of Construction | 1993 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Wilson | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Wilson | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Overland Park | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 456 | |||
Initial Costs to Company, Buildings and Improvements | 3,789 | |||
Gross Amount at Which Carried at Close of Period, Land | 456 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,789 | |||
Total | 4,245 | |||
Accumulated Depreciation | $ 360 | |||
Date of Construction | 2006 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Overland Park | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Overland Park | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Overland Park | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 205 | |||
Initial Costs to Company, Buildings and Improvements | 8,045 | |||
Gross Amount at Which Carried at Close of Period, Land | 205 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,045 | |||
Total | 8,250 | |||
Accumulated Depreciation | $ 705 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Overland Park | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Overland Park | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Overland Park | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 571 | |||
Initial Costs to Company, Buildings and Improvements | 3,715 | |||
Gross Amount at Which Carried at Close of Period, Land | 571 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,715 | |||
Total | 4,286 | |||
Accumulated Depreciation | $ 425 | |||
Date of Construction | 1965 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Overland Park | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Overland Park | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Crestview Hills | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 4,769 | |||
Initial Costs to Company, Land | 192 | |||
Initial Costs to Company, Buildings and Improvements | 8,342 | |||
Gross Amount at Which Carried at Close of Period, Land | 192 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,342 | |||
Total | 8,534 | |||
Accumulated Depreciation | $ 739 | |||
Date of Construction | 2005 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Crestview Hills | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Crestview Hills | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Mesa | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 785 | |||
Initial Costs to Company, Buildings and Improvements | 5,034 | |||
Gross Amount at Which Carried at Close of Period, Land | 785 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,034 | |||
Total | 5,819 | |||
Accumulated Depreciation | $ 450 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Mesa | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Mesa | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Albuquerque | NM | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 987 | |||
Initial Costs to Company, Buildings and Improvements | 11,357 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 34 | |||
Gross Amount at Which Carried at Close of Period, Land | 987 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 11,391 | |||
Total | 12,378 | |||
Accumulated Depreciation | $ 961 | |||
Date of Construction | 1996 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Albuquerque | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Albuquerque | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Pittsburg | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 103 | |||
Initial Costs to Company, Buildings and Improvements | 2,264 | |||
Gross Amount at Which Carried at Close of Period, Land | 103 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,264 | |||
Total | 2,367 | |||
Accumulated Depreciation | $ 195 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Pittsburg | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Pittsburg | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Prairieville | LA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 369 | |||
Initial Costs to Company, Buildings and Improvements | 3,275 | |||
Gross Amount at Which Carried at Close of Period, Land | 369 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,275 | |||
Total | 3,644 | |||
Accumulated Depreciation | $ 285 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Prairieville | LA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Prairieville | LA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Charlotte | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 825 | |||
Initial Costs to Company, Buildings and Improvements | 4,969 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 14 | |||
Gross Amount at Which Carried at Close of Period, Land | 825 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,983 | |||
Total | 5,808 | |||
Accumulated Depreciation | $ 420 | |||
Date of Construction | 1989 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Charlotte | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Charlotte | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tulsa | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 734 | |||
Initial Costs to Company, Buildings and Improvements | 3,143 | |||
Gross Amount at Which Carried at Close of Period, Land | 734 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,143 | |||
Total | 3,877 | |||
Accumulated Depreciation | $ 270 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Tulsa | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tulsa | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Rhinelander | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 55 | |||
Initial Costs to Company, Buildings and Improvements | 1,689 | |||
Gross Amount at Which Carried at Close of Period, Land | 55 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,689 | |||
Total | 1,744 | |||
Accumulated Depreciation | $ 154 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Rhinelander | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Rhinelander | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Charlotte | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 534 | |||
Initial Costs to Company, Buildings and Improvements | 1,101 | |||
Gross Amount at Which Carried at Close of Period, Land | 534 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,101 | |||
Total | 1,635 | |||
Accumulated Depreciation | $ 119 | |||
Date of Construction | 1999 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Charlotte | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Charlotte | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,954 | |||
Initial Costs to Company, Buildings and Improvements | 10,732 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,954 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 10,732 | |||
Total | 14,686 | |||
Accumulated Depreciation | $ 824 | |||
Date of Construction | 1984 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Zionsville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 591 | |||
Initial Costs to Company, Buildings and Improvements | 4,243 | |||
Gross Amount at Which Carried at Close of Period, Land | 591 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,243 | |||
Total | 4,834 | |||
Accumulated Depreciation | $ 270 | |||
Date of Construction | 2016 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Zionsville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Zionsville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Noblesville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Buildings and Improvements | $ 6,216 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,216 | |||
Total | 6,216 | |||
Accumulated Depreciation | $ 352 | |||
Date of Construction | 2017 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Noblesville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Noblesville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Spencer | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 268 | |||
Initial Costs to Company, Buildings and Improvements | 4,048 | |||
Gross Amount at Which Carried at Close of Period, Land | 268 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,048 | |||
Total | 4,316 | |||
Accumulated Depreciation | $ 244 | |||
Date of Construction | 2018 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Spencer | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Spencer | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Warren | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 110 | |||
Initial Costs to Company, Buildings and Improvements | 1,604 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 110 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,605 | |||
Total | 1,715 | |||
Accumulated Depreciation | $ 98 | |||
Date of Construction | 1998 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Warren | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Warren | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Indianapolis | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 578 | |||
Initial Costs to Company, Buildings and Improvements | 3,966 | |||
Gross Amount at Which Carried at Close of Period, Land | 578 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,966 | |||
Total | 4,544 | |||
Accumulated Depreciation | $ 14 | |||
Date of Construction | 2003 | |||
Date Acquired | 2020 | |||
Healthcare Properties | Indianapolis | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Indianapolis | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Tullahoma | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 114 | |||
Initial Costs to Company, Buildings and Improvements | 3,674 | |||
Gross Amount at Which Carried at Close of Period, Land | 114 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,674 | |||
Total | 3,788 | |||
Accumulated Depreciation | $ 232 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Tullahoma | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tullahoma | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Yorkville | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 260 | |||
Initial Costs to Company, Buildings and Improvements | 1,944 | |||
Gross Amount at Which Carried at Close of Period, Land | 260 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,944 | |||
Total | 2,204 | |||
Accumulated Depreciation | $ 116 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Yorkville | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Yorkville | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Brandon | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 475 | |||
Initial Costs to Company, Buildings and Improvements | 2,438 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | (1) | |||
Gross Amount at Which Carried at Close of Period, Land | 475 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,437 | |||
Total | 2,912 | |||
Accumulated Depreciation | $ 142 | |||
Date of Construction | 2008 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Brandon | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Brandon | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Sycamore | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 152 | |||
Initial Costs to Company, Buildings and Improvements | 3,621 | |||
Gross Amount at Which Carried at Close of Period, Land | 152 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,621 | |||
Total | 3,773 | |||
Accumulated Depreciation | $ 216 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Sycamore | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Sycamore | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Atlanta | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,397 | |||
Initial Costs to Company, Buildings and Improvements | 12,271 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,397 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 12,271 | |||
Total | 14,668 | |||
Accumulated Depreciation | $ 685 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Atlanta | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Atlanta | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Sycamore | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 13 | |||
Initial Costs to Company, Buildings and Improvements | 282 | |||
Gross Amount at Which Carried at Close of Period, Land | 13 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 282 | |||
Total | 295 | |||
Accumulated Depreciation | $ 15 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Sycamore | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Sycamore | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Northfield | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 548 | |||
Initial Costs to Company, Buildings and Improvements | 4,184 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | (1) | |||
Gross Amount at Which Carried at Close of Period, Land | 548 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,183 | |||
Total | 4,731 | |||
Accumulated Depreciation | $ 222 | |||
Date of Construction | 1964 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Northfield | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Northfield | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Sandwich | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 315 | |||
Initial Costs to Company, Buildings and Improvements | 4,876 | |||
Gross Amount at Which Carried at Close of Period, Land | 315 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,876 | |||
Total | 5,191 | |||
Accumulated Depreciation | $ 298 | |||
Date of Construction | 1995 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Sandwich | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Sandwich | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Ann Arbor | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 209 | |||
Initial Costs to Company, Buildings and Improvements | 562 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | (1) | |||
Gross Amount at Which Carried at Close of Period, Land | 209 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 561 | |||
Total | 770 | |||
Accumulated Depreciation | $ 38 | |||
Date of Construction | 1954 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Ann Arbor | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Ann Arbor | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Olympia Fields | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 565 | |||
Initial Costs to Company, Buildings and Improvements | 5,698 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 565 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,699 | |||
Total | 6,264 | |||
Accumulated Depreciation | $ 334 | |||
Date of Construction | 2007 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Olympia Fields | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Olympia Fields | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Southfield | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,013 | |||
Initial Costs to Company, Buildings and Improvements | 14,967 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,013 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 14,967 | |||
Total | 15,980 | |||
Accumulated Depreciation | $ 809 | |||
Date of Construction | 2004 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Southfield | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Southfield | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Shelby | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 124 | |||
Initial Costs to Company, Buildings and Improvements | 2,217 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 16 | |||
Gross Amount at Which Carried at Close of Period, Land | 124 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,233 | |||
Total | 2,357 | |||
Accumulated Depreciation | $ 122 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Shelby | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Shelby | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Clearwater | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 819 | |||
Initial Costs to Company, Buildings and Improvements | 961 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | (1) | |||
Gross Amount at Which Carried at Close of Period, Land | 819 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 960 | |||
Total | 1,779 | |||
Accumulated Depreciation | $ 57 | |||
Date of Construction | 1977 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Clearwater | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Clearwater | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Lacey | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,441 | |||
Initial Costs to Company, Buildings and Improvements | 15,769 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | (25) | |||
Gross Amount at Which Carried at Close of Period, Land | 2,441 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 15,744 | |||
Total | 18,185 | |||
Accumulated Depreciation | $ 876 | |||
Date of Construction | 2004 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Lacey | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Lacey | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Arlington | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,931 | |||
Initial Costs to Company, Buildings and Improvements | 15,873 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 3 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,931 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 15,876 | |||
Total | 17,807 | |||
Accumulated Depreciation | $ 890 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Arlington | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Arlington | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Aberdeen | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 899 | |||
Initial Costs to Company, Buildings and Improvements | 4,482 | |||
Gross Amount at Which Carried at Close of Period, Land | 899 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,482 | |||
Total | 5,381 | |||
Accumulated Depreciation | $ 256 | |||
Date of Construction | 2007 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Aberdeen | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Aberdeen | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Naperville | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 711 | |||
Initial Costs to Company, Buildings and Improvements | 5,349 | |||
Gross Amount at Which Carried at Close of Period, Land | 711 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,349 | |||
Total | 6,060 | |||
Accumulated Depreciation | $ 307 | |||
Date of Construction | 2005 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Naperville | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Naperville | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Bremerton | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 140 | |||
Initial Costs to Company, Buildings and Improvements | 3,154 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 140 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,155 | |||
Total | 3,295 | |||
Accumulated Depreciation | $ 174 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Bremerton | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Bremerton | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Yorkville | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 234 | |||
Initial Costs to Company, Buildings and Improvements | 4,003 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 234 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,004 | |||
Total | 4,238 | |||
Accumulated Depreciation | $ 221 | |||
Date of Construction | 2000 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Yorkville | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Yorkville | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Spartanburg | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 251 | |||
Initial Costs to Company, Buildings and Improvements | 3,821 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 251 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,822 | |||
Total | 4,073 | |||
Accumulated Depreciation | $ 230 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Spartanburg | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Spartanburg | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Newport News | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 831 | |||
Initial Costs to Company, Buildings and Improvements | 3,977 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 13 | |||
Gross Amount at Which Carried at Close of Period, Land | 831 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,990 | |||
Total | 4,821 | |||
Accumulated Depreciation | $ 236 | |||
Date of Construction | 2004 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Newport News | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Newport News | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Newport News One | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 587 | |||
Initial Costs to Company, Buildings and Improvements | 3,466 | |||
Gross Amount at Which Carried at Close of Period, Land | 587 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,466 | |||
Total | 4,053 | |||
Accumulated Depreciation | $ 199 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Newport News One | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Newport News One | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Hanover | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 80 | |||
Initial Costs to Company, Buildings and Improvements | 3,752 | |||
Gross Amount at Which Carried at Close of Period, Land | 80 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,752 | |||
Total | 3,832 | |||
Accumulated Depreciation | $ 210 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Hanover | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Hanover | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Roanoke | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 267 | |||
Initial Costs to Company, Buildings and Improvements | 3,027 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 267 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,028 | |||
Total | 3,295 | |||
Accumulated Depreciation | $ 169 | |||
Date of Construction | 1990 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Roanoke | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Roanoke | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Wayland | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 373 | |||
Initial Costs to Company, Buildings and Improvements | 2,592 | |||
Gross Amount at Which Carried at Close of Period, Land | 373 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,592 | |||
Total | 2,965 | |||
Accumulated Depreciation | $ 153 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Wayland | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Wayland | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Johnson City | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 357 | |||
Initial Costs to Company, Buildings and Improvements | 4,934 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 357 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,935 | |||
Total | 5,292 | |||
Accumulated Depreciation | $ 268 | |||
Date of Construction | 1970 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Johnson City | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Johnson City | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Bradenton | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 547 | |||
Initial Costs to Company, Buildings and Improvements | 5,055 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2 | |||
Gross Amount at Which Carried at Close of Period, Land | 547 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,057 | |||
Total | 5,604 | |||
Accumulated Depreciation | $ 293 | |||
Date of Construction | 1984 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Bradenton | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Bradenton | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Bradenton | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 292 | |||
Initial Costs to Company, Buildings and Improvements | 2,085 | |||
Gross Amount at Which Carried at Close of Period, Land | 292 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,085 | |||
Total | 2,377 | |||
Accumulated Depreciation | $ 121 | |||
Date of Construction | 1982 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Bradenton | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Bradenton | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Bradenton | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 112 | |||
Initial Costs to Company, Buildings and Improvements | 1,167 | |||
Gross Amount at Which Carried at Close of Period, Land | 112 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,167 | |||
Total | 1,279 | |||
Accumulated Depreciation | $ 66 | |||
Date of Construction | 1982 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Bradenton | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Bradenton | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Bradenton | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 274 | |||
Initial Costs to Company, Buildings and Improvements | 1,589 | |||
Gross Amount at Which Carried at Close of Period, Land | 274 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,589 | |||
Total | 1,863 | |||
Accumulated Depreciation | $ 93 | |||
Date of Construction | 1995 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Bradenton | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Bradenton | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Ruskin | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 203 | |||
Initial Costs to Company, Buildings and Improvements | 1,526 | |||
Gross Amount at Which Carried at Close of Period, Land | 203 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,526 | |||
Total | 1,729 | |||
Accumulated Depreciation | $ 85 | |||
Date of Construction | 2004 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Ruskin | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Ruskin | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Hibbing | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 799 | |||
Initial Costs to Company, Buildings and Improvements | 3,176 | |||
Gross Amount at Which Carried at Close of Period, Land | 799 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,176 | |||
Total | 3,975 | |||
Accumulated Depreciation | $ 135 | |||
Date of Construction | 1999 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Hibbing | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Hibbing | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Duluth | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 241 | |||
Initial Costs to Company, Buildings and Improvements | 2,195 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 17 | |||
Gross Amount at Which Carried at Close of Period, Land | 241 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,212 | |||
Total | 2,453 | |||
Accumulated Depreciation | $ 84 | |||
Date of Construction | 2003 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Duluth | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Duluth | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Minot | NORTH DAKOTA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,152 | |||
Initial Costs to Company, Buildings and Improvements | 8,796 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,152 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,796 | |||
Total | 9,948 | |||
Accumulated Depreciation | $ 343 | |||
Date of Construction | 2011 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Minot | NORTH DAKOTA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Minot | NORTH DAKOTA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Billings | MONTANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 702 | |||
Initial Costs to Company, Buildings and Improvements | 4,368 | |||
Gross Amount at Which Carried at Close of Period, Land | 702 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,368 | |||
Total | 5,070 | |||
Accumulated Depreciation | $ 173 | |||
Date of Construction | 2001 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Billings | MONTANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Billings | MONTANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Missoula | MONTANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,395 | |||
Initial Costs to Company, Buildings and Improvements | 3,870 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,395 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,870 | |||
Total | 5,265 | |||
Accumulated Depreciation | $ 152 | |||
Date of Construction | 2001 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Missoula | MONTANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Missoula | MONTANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | New Orleans | LA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,804 | |||
Initial Costs to Company, Buildings and Improvements | 3,461 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,804 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,461 | |||
Total | 5,265 | |||
Accumulated Depreciation | $ 115 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Healthcare Properties | New Orleans | LA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | New Orleans | LA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tacoma | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 807 | |||
Initial Costs to Company, Buildings and Improvements | 643 | |||
Gross Amount at Which Carried at Close of Period, Land | 807 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 643 | |||
Total | 1,450 | |||
Accumulated Depreciation | $ 141 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Tacoma | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tacoma | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oshkosh | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 145 | |||
Initial Costs to Company, Buildings and Improvements | 1,795 | |||
Gross Amount at Which Carried at Close of Period, Land | 145 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,795 | |||
Total | 1,940 | |||
Accumulated Depreciation | $ 287 | |||
Date of Construction | 1996 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Oshkosh | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oshkosh | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Columbus | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 587 | |||
Initial Costs to Company, Buildings and Improvements | 503 | |||
Gross Amount at Which Carried at Close of Period, Land | 587 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 503 | |||
Total | 1,090 | |||
Accumulated Depreciation | $ 49 | |||
Date of Construction | 1995 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Columbus | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Columbus | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Katy | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 500 | |||
Initial Costs to Company, Buildings and Improvements | 648 | |||
Gross Amount at Which Carried at Close of Period, Land | 500 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 648 | |||
Total | 1,148 | |||
Accumulated Depreciation | $ 244 | |||
Date of Construction | 1995 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Katy | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Katy | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Jacksonville | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 223 | |||
Initial Costs to Company, Buildings and Improvements | 1,262 | |||
Gross Amount at Which Carried at Close of Period, Land | 223 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,262 | |||
Total | 1,485 | |||
Accumulated Depreciation | $ 580 | |||
Date of Construction | 1987 | |||
Date Acquired | 2007 | |||
Restaurant Properties | Jacksonville | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Jacksonville | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Jacksonville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 190 | |||
Initial Costs to Company, Buildings and Improvements | 1,077 | |||
Gross Amount at Which Carried at Close of Period, Land | 190 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,077 | |||
Total | 1,267 | |||
Accumulated Depreciation | $ 267 | |||
Date of Construction | 2000 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Jacksonville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Jacksonville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Green Bay | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 106 | |||
Initial Costs to Company, Buildings and Improvements | 1,713 | |||
Gross Amount at Which Carried at Close of Period, Land | 106 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,713 | |||
Total | 1,819 | |||
Accumulated Depreciation | $ 270 | |||
Date of Construction | 1996 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Green Bay | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Green Bay | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Las Vegas | NV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 962 | |||
Initial Costs to Company, Buildings and Improvements | 2,086 | |||
Gross Amount at Which Carried at Close of Period, Land | 962 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,086 | |||
Total | 3,048 | |||
Accumulated Depreciation | $ 304 | |||
Date of Construction | 2002 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Las Vegas | NV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Las Vegas | NV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Knoxville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 151 | |||
Initial Costs to Company, Buildings and Improvements | 2,775 | |||
Gross Amount at Which Carried at Close of Period, Land | 151 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,775 | |||
Total | 2,926 | |||
Accumulated Depreciation | $ 438 | |||
Date of Construction | 1978 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Knoxville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Knoxville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Indianapolis | IN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 354 | |||
Initial Costs to Company, Buildings and Improvements | 2,813 | |||
Gross Amount at Which Carried at Close of Period, Land | 354 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,813 | |||
Total | 3,167 | |||
Accumulated Depreciation | $ 61 | |||
Date of Construction | 1973 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Indianapolis | IN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Indianapolis | IN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Madison | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 126 | |||
Initial Costs to Company, Buildings and Improvements | 2,230 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 3 | |||
Gross Amount at Which Carried at Close of Period, Land | 126 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,233 | |||
Total | 2,359 | |||
Accumulated Depreciation | $ 135 | |||
Date of Construction | 1996 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Madison | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Madison | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Madison | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 97 | |||
Initial Costs to Company, Buildings and Improvements | 4,617 | |||
Gross Amount at Which Carried at Close of Period, Land | 97 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,617 | |||
Total | 4,714 | |||
Accumulated Depreciation | $ 600 | |||
Date of Construction | 1972 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Madison | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Madison | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Madison | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 209 | |||
Initial Costs to Company, Buildings and Improvements | 1,958 | |||
Gross Amount at Which Carried at Close of Period, Land | 209 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,958 | |||
Total | 2,167 | |||
Accumulated Depreciation | $ 311 | |||
Date of Construction | 2011 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Madison | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Madison | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Evansville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 158 | |||
Initial Costs to Company, Buildings and Improvements | 1,403 | |||
Gross Amount at Which Carried at Close of Period, Land | 158 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,403 | |||
Total | 1,561 | |||
Accumulated Depreciation | $ 114 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lexington | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 150 | |||
Initial Costs to Company, Buildings and Improvements | 848 | |||
Gross Amount at Which Carried at Close of Period, Land | 150 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 848 | |||
Total | 998 | |||
Accumulated Depreciation | $ 231 | |||
Date of Construction | 1995 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Lexington | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lexington | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lexington | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,258 | |||
Initial Costs to Company, Buildings and Improvements | 2,344 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,258 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,344 | |||
Total | 3,602 | |||
Accumulated Depreciation | $ 55 | |||
Date of Construction | 1976 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Lexington | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lexington | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Summerville | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 109 | |||
Initial Costs to Company, Buildings and Improvements | 2,366 | |||
Gross Amount at Which Carried at Close of Period, Land | 109 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,366 | |||
Total | 2,475 | |||
Accumulated Depreciation | $ 259 | |||
Date of Construction | 1993 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Summerville | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Summerville | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Memphis | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 103 | |||
Initial Costs to Company, Buildings and Improvements | 3,327 | |||
Gross Amount at Which Carried at Close of Period, Land | 103 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,327 | |||
Total | 3,430 | |||
Accumulated Depreciation | $ 458 | |||
Date of Construction | 2008 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Memphis | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Memphis | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 208 | |||
Initial Costs to Company, Buildings and Improvements | 1,179 | |||
Gross Amount at Which Carried at Close of Period, Land | 208 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,179 | |||
Total | 1,387 | |||
Accumulated Depreciation | $ 275 | |||
Date of Construction | 1980 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tampa | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 288 | |||
Initial Costs to Company, Buildings and Improvements | 1,634 | |||
Gross Amount at Which Carried at Close of Period, Land | 288 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,634 | |||
Total | 1,922 | |||
Accumulated Depreciation | $ 395 | |||
Date of Construction | 1987 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Tampa | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tampa | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Mc Alester | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 52 | |||
Initial Costs to Company, Buildings and Improvements | 1,521 | |||
Gross Amount at Which Carried at Close of Period, Land | 52 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,521 | |||
Total | 1,573 | |||
Accumulated Depreciation | $ 306 | |||
Date of Construction | 2006 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Mc Alester | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mc Alester | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Albuquerque | NM | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 196 | |||
Initial Costs to Company, Buildings and Improvements | 3,389 | |||
Gross Amount at Which Carried at Close of Period, Land | 196 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,389 | |||
Total | 3,585 | |||
Accumulated Depreciation | $ 509 | |||
Date of Construction | 2002 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Albuquerque | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Albuquerque | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Pittsburg | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 363 | |||
Initial Costs to Company, Buildings and Improvements | 3,488 | |||
Gross Amount at Which Carried at Close of Period, Land | 363 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,488 | |||
Total | 3,851 | |||
Accumulated Depreciation | $ 443 | |||
Date of Construction | 1996 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Pittsburg | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Pittsburg | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tulsa | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 125 | |||
Initial Costs to Company, Buildings and Improvements | 3,846 | |||
Gross Amount at Which Carried at Close of Period, Land | 125 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,846 | |||
Total | 3,971 | |||
Accumulated Depreciation | $ 554 | |||
Date of Construction | 1987 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Tulsa | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tulsa | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Aberdeen | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 218 | |||
Initial Costs to Company, Buildings and Improvements | 1,446 | |||
Gross Amount at Which Carried at Close of Period, Land | 218 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,446 | |||
Total | 1,664 | |||
Accumulated Depreciation | $ 233 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Aberdeen | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Aberdeen | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Roanoke | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 83 | |||
Initial Costs to Company, Buildings and Improvements | 1,625 | |||
Gross Amount at Which Carried at Close of Period, Land | 83 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,625 | |||
Total | 1,708 | |||
Accumulated Depreciation | $ 245 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Roanoke | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Roanoke | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Billings | MONTANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 516 | |||
Initial Costs to Company, Buildings and Improvements | 2,128 | |||
Gross Amount at Which Carried at Close of Period, Land | 516 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,128 | |||
Total | 2,644 | |||
Accumulated Depreciation | $ 171 | |||
Date of Construction | 1977 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Billings | MONTANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Billings | MONTANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Ashland City | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 59 | |||
Initial Costs to Company, Buildings and Improvements | 973 | |||
Gross Amount at Which Carried at Close of Period, Land | 59 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 973 | |||
Total | 1,032 | |||
Accumulated Depreciation | $ 119 | |||
Date of Construction | 1992 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Ashland City | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Ashland City | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cadiz | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 77 | |||
Initial Costs to Company, Buildings and Improvements | 1,048 | |||
Gross Amount at Which Carried at Close of Period, Land | 77 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,048 | |||
Total | 1,125 | |||
Accumulated Depreciation | $ 132 | |||
Date of Construction | 1992 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Cadiz | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cadiz | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Centerville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 68 | |||
Initial Costs to Company, Buildings and Improvements | 965 | |||
Gross Amount at Which Carried at Close of Period, Land | 68 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 965 | |||
Total | 1,033 | |||
Accumulated Depreciation | $ 127 | |||
Date of Construction | 2006 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Centerville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Centerville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Kingston Springs | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 92 | |||
Initial Costs to Company, Buildings and Improvements | 978 | |||
Gross Amount at Which Carried at Close of Period, Land | 92 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 978 | |||
Total | 1,070 | |||
Accumulated Depreciation | $ 133 | |||
Date of Construction | 1998 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Kingston Springs | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Kingston Springs | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | La Porte | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 250 | |||
Initial Costs to Company, Buildings and Improvements | 1,151 | |||
Gross Amount at Which Carried at Close of Period, Land | 250 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,151 | |||
Total | 1,401 | |||
Accumulated Depreciation | $ 415 | |||
Date of Construction | 1996 | |||
Date Acquired | 2009 | |||
Restaurant Properties | La Porte | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | La Porte | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Mount Juliet | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 76 | |||
Initial Costs to Company, Buildings and Improvements | 995 | |||
Gross Amount at Which Carried at Close of Period, Land | 76 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 995 | |||
Total | 1,071 | |||
Accumulated Depreciation | $ 128 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Mount Juliet | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mount Juliet | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Rowlett | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 350 | |||
Initial Costs to Company, Buildings and Improvements | 776 | |||
Gross Amount at Which Carried at Close of Period, Land | 350 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 776 | |||
Total | 1,126 | |||
Accumulated Depreciation | $ 299 | |||
Date of Construction | 1997 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Rowlett | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Rowlett | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | White House | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 105 | |||
Initial Costs to Company, Buildings and Improvements | 927 | |||
Gross Amount at Which Carried at Close of Period, Land | 105 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 927 | |||
Total | 1,032 | |||
Accumulated Depreciation | $ 128 | |||
Date of Construction | 2003 | |||
Date Acquired | 2016 | |||
Restaurant Properties | White House | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | White House | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Norman | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 280 | |||
Initial Costs to Company, Buildings and Improvements | 1,049 | |||
Gross Amount at Which Carried at Close of Period, Land | 280 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,049 | |||
Total | 1,329 | |||
Accumulated Depreciation | $ 348 | |||
Date of Construction | 1991 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Norman | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Norman | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Mountain Home | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 338 | |||
Initial Costs to Company, Buildings and Improvements | 1,016 | |||
Gross Amount at Which Carried at Close of Period, Land | 338 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,016 | |||
Total | 1,354 | |||
Accumulated Depreciation | $ 335 | |||
Date of Construction | 1988 | |||
Date Acquired | 2010 | |||
Restaurant Properties | Mountain Home | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mountain Home | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 540 | |||
Initial Costs to Company, Buildings and Improvements | 517 | |||
Gross Amount at Which Carried at Close of Period, Land | 540 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 517 | |||
Total | 1,057 | |||
Accumulated Depreciation | $ 225 | |||
Date of Construction | 2001 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Batesville | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 214 | |||
Initial Costs to Company, Buildings and Improvements | 1,055 | |||
Gross Amount at Which Carried at Close of Period, Land | 214 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,055 | |||
Total | 1,269 | |||
Accumulated Depreciation | $ 364 | |||
Date of Construction | 1988 | |||
Date Acquired | 2010 | |||
Restaurant Properties | Batesville | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Batesville | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Paragould | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 187 | |||
Initial Costs to Company, Buildings and Improvements | 1,444 | |||
Gross Amount at Which Carried at Close of Period, Land | 187 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,444 | |||
Total | 1,631 | |||
Accumulated Depreciation | $ 435 | |||
Date of Construction | 1990 | |||
Date Acquired | 2010 | |||
Restaurant Properties | Paragould | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Paragould | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Forrest City | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 84 | |||
Initial Costs to Company, Buildings and Improvements | 941 | |||
Gross Amount at Which Carried at Close of Period, Land | 84 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 941 | |||
Total | 1,025 | |||
Accumulated Depreciation | $ 326 | |||
Date of Construction | 1989 | |||
Date Acquired | 2010 | |||
Restaurant Properties | Forrest City | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Forrest City | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Dyersburg | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 276 | |||
Initial Costs to Company, Buildings and Improvements | 1,250 | |||
Gross Amount at Which Carried at Close of Period, Land | 276 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,250 | |||
Total | 1,526 | |||
Accumulated Depreciation | $ 393 | |||
Date of Construction | 1989 | |||
Date Acquired | 2010 | |||
Restaurant Properties | Dyersburg | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Dyersburg | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Martin | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 152 | |||
Initial Costs to Company, Buildings and Improvements | 858 | |||
Gross Amount at Which Carried at Close of Period, Land | 152 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 858 | |||
Total | 1,010 | |||
Accumulated Depreciation | $ 301 | |||
Date of Construction | 1999 | |||
Date Acquired | 2010 | |||
Restaurant Properties | Martin | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Martin | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Union City | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 72 | |||
Initial Costs to Company, Buildings and Improvements | 806 | |||
Gross Amount at Which Carried at Close of Period, Land | 72 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 806 | |||
Total | 878 | |||
Accumulated Depreciation | $ 270 | |||
Date of Construction | 1988 | |||
Date Acquired | 2010 | |||
Restaurant Properties | Union City | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Union City | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Mankato | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 712 | |||
Initial Costs to Company, Buildings and Improvements | 2,136 | |||
Gross Amount at Which Carried at Close of Period, Land | 712 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,136 | |||
Total | 2,848 | |||
Accumulated Depreciation | $ 625 | |||
Date of Construction | 1994 | |||
Date Acquired | 2011 | |||
Restaurant Properties | Mankato | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mankato | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Saint Paul | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 606 | |||
Initial Costs to Company, Buildings and Improvements | 1,817 | |||
Gross Amount at Which Carried at Close of Period, Land | 606 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,817 | |||
Total | 2,423 | |||
Accumulated Depreciation | $ 562 | |||
Date of Construction | 1994 | |||
Date Acquired | 2011 | |||
Restaurant Properties | Saint Paul | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Saint Paul | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Jackson | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 177 | |||
Initial Costs to Company, Buildings and Improvements | 2,846 | |||
Gross Amount at Which Carried at Close of Period, Land | 177 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,846 | |||
Total | 3,023 | |||
Accumulated Depreciation | $ 367 | |||
Date of Construction | 1996 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Jackson | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Jackson | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Jackson | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 204 | |||
Initial Costs to Company, Buildings and Improvements | 1,154 | |||
Gross Amount at Which Carried at Close of Period, Land | 204 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,154 | |||
Total | 1,358 | |||
Accumulated Depreciation | $ 324 | |||
Date of Construction | 1999 | |||
Date Acquired | 2011 | |||
Restaurant Properties | Jackson | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Jackson | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Henderson | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 141 | |||
Initial Costs to Company, Buildings and Improvements | 800 | |||
Gross Amount at Which Carried at Close of Period, Land | 141 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 800 | |||
Total | 941 | |||
Accumulated Depreciation | $ 216 | |||
Date of Construction | 1986 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Henderson | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Henderson | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Henderson | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 111 | |||
Initial Costs to Company, Buildings and Improvements | 1,608 | |||
Gross Amount at Which Carried at Close of Period, Land | 111 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,608 | |||
Total | 1,719 | |||
Accumulated Depreciation | $ 283 | |||
Date of Construction | 1987 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Henderson | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Henderson | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Humboldt | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 118 | |||
Initial Costs to Company, Buildings and Improvements | 669 | |||
Gross Amount at Which Carried at Close of Period, Land | 118 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 669 | |||
Total | 787 | |||
Accumulated Depreciation | $ 202 | |||
Date of Construction | 1993 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Humboldt | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Humboldt | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cocoa Beach | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 283 | |||
Initial Costs to Company, Buildings and Improvements | 848 | |||
Gross Amount at Which Carried at Close of Period, Land | 283 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 848 | |||
Total | 1,131 | |||
Accumulated Depreciation | $ 224 | |||
Date of Construction | 1992 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Cocoa Beach | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cocoa Beach | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lake Mary | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 422 | |||
Initial Costs to Company, Buildings and Improvements | 1,265 | |||
Gross Amount at Which Carried at Close of Period, Land | 422 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,265 | |||
Total | 1,687 | |||
Accumulated Depreciation | $ 313 | |||
Date of Construction | 1989 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Lake Mary | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lake Mary | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | New Smyrna Beach | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 382 | |||
Initial Costs to Company, Buildings and Improvements | 1,146 | |||
Gross Amount at Which Carried at Close of Period, Land | 382 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,146 | |||
Total | 1,528 | |||
Accumulated Depreciation | $ 353 | |||
Date of Construction | 2008 | |||
Date Acquired | 2012 | |||
Restaurant Properties | New Smyrna Beach | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | New Smyrna Beach | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Orlando | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 351 | |||
Initial Costs to Company, Buildings and Improvements | 1,052 | |||
Gross Amount at Which Carried at Close of Period, Land | 351 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,052 | |||
Total | 1,403 | |||
Accumulated Depreciation | $ 275 | |||
Date of Construction | 1990 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Orlando | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Orlando | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Orlando | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 219 | |||
Initial Costs to Company, Buildings and Improvements | 656 | |||
Gross Amount at Which Carried at Close of Period, Land | 219 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 656 | |||
Total | 875 | |||
Accumulated Depreciation | $ 198 | |||
Date of Construction | 1996 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Orlando | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Orlando | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Savannah | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 390 | |||
Initial Costs to Company, Buildings and Improvements | 1,170 | |||
Gross Amount at Which Carried at Close of Period, Land | 390 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,170 | |||
Total | 1,560 | |||
Accumulated Depreciation | $ 311 | |||
Date of Construction | 2009 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Savannah | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Savannah | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Savannah | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 62 | |||
Initial Costs to Company, Buildings and Improvements | 1,693 | |||
Gross Amount at Which Carried at Close of Period, Land | 62 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,693 | |||
Total | 1,755 | |||
Accumulated Depreciation | $ 271 | |||
Date of Construction | 2012 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Savannah | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Savannah | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Savannah | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 376 | |||
Initial Costs to Company, Buildings and Improvements | 1,129 | |||
Gross Amount at Which Carried at Close of Period, Land | 376 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,129 | |||
Total | 1,505 | |||
Accumulated Depreciation | $ 292 | |||
Date of Construction | 2009 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Savannah | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Savannah | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Hinesville | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 402 | |||
Initial Costs to Company, Buildings and Improvements | 1,207 | |||
Gross Amount at Which Carried at Close of Period, Land | 402 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,207 | |||
Total | 1,609 | |||
Accumulated Depreciation | $ 338 | |||
Date of Construction | 2008 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Hinesville | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Hinesville | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Princeton | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 269 | |||
Initial Costs to Company, Buildings and Improvements | 1,524 | |||
Gross Amount at Which Carried at Close of Period, Land | 269 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,524 | |||
Total | 1,793 | |||
Accumulated Depreciation | $ 375 | |||
Date of Construction | 1976 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Princeton | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Princeton | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Princeton | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 301 | |||
Initial Costs to Company, Buildings and Improvements | 1,703 | |||
Gross Amount at Which Carried at Close of Period, Land | 301 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,703 | |||
Total | 2,004 | |||
Accumulated Depreciation | $ 416 | |||
Date of Construction | 1991 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Princeton | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Princeton | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Pell City | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 237 | |||
Initial Costs to Company, Buildings and Improvements | 1,340 | |||
Gross Amount at Which Carried at Close of Period, Land | 237 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,340 | |||
Total | 1,577 | |||
Accumulated Depreciation | $ 316 | |||
Date of Construction | 2002 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Pell City | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Pell City | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Marietta | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 246 | |||
Initial Costs to Company, Buildings and Improvements | 1,395 | |||
Gross Amount at Which Carried at Close of Period, Land | 246 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,395 | |||
Total | 1,641 | |||
Accumulated Depreciation | $ 333 | |||
Date of Construction | 2007 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Marietta | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Marietta | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Marietta | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 152 | |||
Initial Costs to Company, Buildings and Improvements | 1,732 | |||
Gross Amount at Which Carried at Close of Period, Land | 152 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,732 | |||
Total | 1,884 | |||
Accumulated Depreciation | $ 129 | |||
Date of Construction | 1986 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Marietta | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Marietta | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tuscaloosa | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 449 | |||
Initial Costs to Company, Buildings and Improvements | 1,796 | |||
Gross Amount at Which Carried at Close of Period, Land | 449 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,796 | |||
Total | 2,245 | |||
Accumulated Depreciation | $ 425 | |||
Date of Construction | 2010 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Tuscaloosa | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tuscaloosa | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Pomeroy | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 208 | |||
Initial Costs to Company, Buildings and Improvements | 1,178 | |||
Gross Amount at Which Carried at Close of Period, Land | 208 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,178 | |||
Total | 1,386 | |||
Accumulated Depreciation | $ 305 | |||
Date of Construction | 1997 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Pomeroy | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Pomeroy | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Elkins | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 452 | |||
Initial Costs to Company, Buildings and Improvements | 1,355 | |||
Gross Amount at Which Carried at Close of Period, Land | 452 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,355 | |||
Total | 1,807 | |||
Accumulated Depreciation | $ 332 | |||
Date of Construction | 1980 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Elkins | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Elkins | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tuscaloosa | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 422 | |||
Initial Costs to Company, Buildings and Improvements | 1,686 | |||
Gross Amount at Which Carried at Close of Period, Land | 422 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,686 | |||
Total | 2,108 | |||
Accumulated Depreciation | $ 416 | |||
Date of Construction | 2001 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Tuscaloosa | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tuscaloosa | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | State College | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 365 | |||
Initial Costs to Company, Buildings and Improvements | 1,461 | |||
Gross Amount at Which Carried at Close of Period, Land | 365 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,461 | |||
Total | 1,826 | |||
Accumulated Depreciation | $ 345 | |||
Date of Construction | 1976 | |||
Date Acquired | 2012 | |||
Restaurant Properties | State College | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | State College | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oxford | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 240 | |||
Initial Costs to Company, Buildings and Improvements | 958 | |||
Gross Amount at Which Carried at Close of Period, Land | 240 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 958 | |||
Total | 1,198 | |||
Accumulated Depreciation | $ 246 | |||
Date of Construction | 1999 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Oxford | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oxford | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Richmond | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 202 | |||
Initial Costs to Company, Buildings and Improvements | 1,147 | |||
Gross Amount at Which Carried at Close of Period, Land | 202 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,147 | |||
Total | 1,349 | |||
Accumulated Depreciation | $ 282 | |||
Date of Construction | 1984 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Richmond | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Richmond | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oxford | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 320 | |||
Initial Costs to Company, Buildings and Improvements | 158 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,100 | |||
Gross Amount at Which Carried at Close of Period, Land | 320 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,258 | |||
Total | 1,578 | |||
Accumulated Depreciation | $ 174 | |||
Date of Construction | 2009 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Oxford | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oxford | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Exton | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 470 | |||
Initial Costs to Company, Buildings and Improvements | 1,882 | |||
Gross Amount at Which Carried at Close of Period, Land | 470 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,882 | |||
Total | 2,352 | |||
Accumulated Depreciation | $ 474 | |||
Date of Construction | 1982 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Exton | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Exton | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Richmond | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 133 | |||
Initial Costs to Company, Buildings and Improvements | 755 | |||
Gross Amount at Which Carried at Close of Period, Land | 133 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 755 | |||
Total | 888 | |||
Accumulated Depreciation | $ 204 | |||
Date of Construction | 1981 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Richmond | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Richmond | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Paoli | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 360 | |||
Initial Costs to Company, Buildings and Improvements | 1,440 | |||
Gross Amount at Which Carried at Close of Period, Land | 360 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,440 | |||
Total | 1,800 | |||
Accumulated Depreciation | $ 340 | |||
Date of Construction | 1982 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Paoli | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Paoli | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Alamogordo | NM | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 22 | |||
Initial Costs to Company, Buildings and Improvements | 2,117 | |||
Gross Amount at Which Carried at Close of Period, Land | 22 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,117 | |||
Total | 2,139 | |||
Accumulated Depreciation | $ 411 | |||
Date of Construction | 1983 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Alamogordo | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Alamogordo | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Roswell | NM | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 64 | |||
Initial Costs to Company, Buildings and Improvements | 2,059 | |||
Gross Amount at Which Carried at Close of Period, Land | 64 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,059 | |||
Total | 2,123 | |||
Accumulated Depreciation | $ 388 | |||
Date of Construction | 1990 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Roswell | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Roswell | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Moore | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 64 | |||
Initial Costs to Company, Buildings and Improvements | 1,249 | |||
Gross Amount at Which Carried at Close of Period, Land | 64 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,249 | |||
Total | 1,313 | |||
Accumulated Depreciation | $ 253 | |||
Date of Construction | 1975 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Moore | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Moore | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Del City | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 40 | |||
Initial Costs to Company, Buildings and Improvements | 1,370 | |||
Gross Amount at Which Carried at Close of Period, Land | 40 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,370 | |||
Total | 1,410 | |||
Accumulated Depreciation | $ 266 | |||
Date of Construction | 1980 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Del City | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Del City | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 105 | |||
Initial Costs to Company, Buildings and Improvements | 1,150 | |||
Gross Amount at Which Carried at Close of Period, Land | 105 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,150 | |||
Total | 1,255 | |||
Accumulated Depreciation | $ 221 | |||
Date of Construction | 1977 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 721 | |||
Initial Costs to Company, Buildings and Improvements | 1,049 | |||
Gross Amount at Which Carried at Close of Period, Land | 721 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,049 | |||
Total | 1,770 | |||
Accumulated Depreciation | $ 229 | |||
Date of Construction | 2003 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Fort Worth | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 487 | |||
Initial Costs to Company, Buildings and Improvements | 934 | |||
Gross Amount at Which Carried at Close of Period, Land | 487 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 934 | |||
Total | 1,421 | |||
Accumulated Depreciation | $ 188 | |||
Date of Construction | 2003 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Fort Worth | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Fort Worth | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Kearney | NIGER | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 113 | |||
Initial Costs to Company, Buildings and Improvements | 1,242 | |||
Gross Amount at Which Carried at Close of Period, Land | 113 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,242 | |||
Total | 1,355 | |||
Accumulated Depreciation | $ 249 | |||
Date of Construction | 1982 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Kearney | NIGER | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Kearney | NIGER | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Kearney | NIGER | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 176 | |||
Initial Costs to Company, Buildings and Improvements | 1,238 | |||
Gross Amount at Which Carried at Close of Period, Land | 176 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,238 | |||
Total | 1,414 | |||
Accumulated Depreciation | $ 256 | |||
Date of Construction | 1991 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Kearney | NIGER | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Kearney | NIGER | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Grand Island | NIGER | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 425 | |||
Gross Amount at Which Carried at Close of Period, Land | 425 | |||
Total | $ 425 | |||
Date of Construction | 1992 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Ogallala | NIGER | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 291 | |||
Initial Costs to Company, Buildings and Improvements | 1,243 | |||
Gross Amount at Which Carried at Close of Period, Land | 291 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,243 | |||
Total | 1,534 | |||
Accumulated Depreciation | $ 274 | |||
Date of Construction | 1986 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Ogallala | NIGER | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Ogallala | NIGER | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 466 | |||
Initial Costs to Company, Buildings and Improvements | 928 | |||
Gross Amount at Which Carried at Close of Period, Land | 466 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 928 | |||
Total | 1,394 | |||
Accumulated Depreciation | $ 164 | |||
Date of Construction | 1970 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Renton | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 539 | |||
Initial Costs to Company, Buildings and Improvements | 1,141 | |||
Gross Amount at Which Carried at Close of Period, Land | 539 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,141 | |||
Total | 1,680 | |||
Accumulated Depreciation | $ 199 | |||
Date of Construction | 1986 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Renton | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Renton | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tacoma | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 562 | |||
Initial Costs to Company, Buildings and Improvements | 897 | |||
Gross Amount at Which Carried at Close of Period, Land | 562 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 897 | |||
Total | 1,459 | |||
Accumulated Depreciation | $ 163 | |||
Date of Construction | 1993 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Tacoma | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tacoma | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tukwila | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,170 | |||
Initial Costs to Company, Buildings and Improvements | 419 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,170 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 419 | |||
Total | 1,589 | |||
Accumulated Depreciation | $ 143 | |||
Date of Construction | 1993 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Tukwila | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tukwila | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Federal Way | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 334 | |||
Initial Costs to Company, Buildings and Improvements | 1,088 | |||
Gross Amount at Which Carried at Close of Period, Land | 334 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,088 | |||
Total | 1,422 | |||
Accumulated Depreciation | $ 173 | |||
Date of Construction | 1995 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Federal Way | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Federal Way | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lakewood | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,372 | |||
Initial Costs to Company, Buildings and Improvements | 878 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,372 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 878 | |||
Total | 2,250 | |||
Accumulated Depreciation | $ 186 | |||
Date of Construction | 1995 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Lakewood | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lakewood | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Decatur | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 364 | |||
Initial Costs to Company, Buildings and Improvements | 3,708 | |||
Gross Amount at Which Carried at Close of Period, Land | 364 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,708 | |||
Total | 4,072 | |||
Accumulated Depreciation | $ 597 | |||
Date of Construction | 2014 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Decatur | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Decatur | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Burlington | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 178 | |||
Initial Costs to Company, Buildings and Improvements | 1,982 | |||
Gross Amount at Which Carried at Close of Period, Land | 178 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,982 | |||
Total | 2,160 | |||
Accumulated Depreciation | $ 317 | |||
Date of Construction | 2000 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Burlington | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Burlington | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tupelo | MS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 297 | |||
Initial Costs to Company, Buildings and Improvements | 3,030 | |||
Gross Amount at Which Carried at Close of Period, Land | 297 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,030 | |||
Total | 3,327 | |||
Accumulated Depreciation | $ 477 | |||
Date of Construction | 2012 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Tupelo | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tupelo | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Everett | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 175 | |||
Initial Costs to Company, Buildings and Improvements | 1,473 | |||
Gross Amount at Which Carried at Close of Period, Land | 175 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,473 | |||
Total | 1,648 | |||
Accumulated Depreciation | $ 254 | |||
Date of Construction | 1986 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Everett | WA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Everett | WA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Adamsville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 59 | |||
Initial Costs to Company, Buildings and Improvements | 1,675 | |||
Gross Amount at Which Carried at Close of Period, Land | 59 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,675 | |||
Total | 1,734 | |||
Accumulated Depreciation | $ 260 | |||
Date of Construction | 2005 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Adamsville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Adamsville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Puyallup | WA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 622 | |||
Gross Amount at Which Carried at Close of Period, Land | 622 | |||
Total | $ 622 | |||
Date of Construction | 1994 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Adamsville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 123 | |||
Initial Costs to Company, Buildings and Improvements | 1,924 | |||
Gross Amount at Which Carried at Close of Period, Land | 123 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,924 | |||
Total | 2,047 | |||
Accumulated Depreciation | $ 313 | |||
Date of Construction | 1989 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Adamsville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Adamsville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Alexandria | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 79 | |||
Initial Costs to Company, Buildings and Improvements | 2,318 | |||
Gross Amount at Which Carried at Close of Period, Land | 79 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,318 | |||
Total | 2,397 | |||
Accumulated Depreciation | $ 351 | |||
Date of Construction | 2004 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Alexandria | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Alexandria | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Florence | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 337 | |||
Initial Costs to Company, Buildings and Improvements | 2,609 | |||
Gross Amount at Which Carried at Close of Period, Land | 337 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,609 | |||
Total | 2,946 | |||
Accumulated Depreciation | $ 426 | |||
Date of Construction | 2011 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Florence | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Florence | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Florence | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 61 | |||
Initial Costs to Company, Buildings and Improvements | 4,687 | |||
Gross Amount at Which Carried at Close of Period, Land | 61 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,687 | |||
Total | 4,748 | |||
Accumulated Depreciation | $ 616 | |||
Date of Construction | 1977 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Florence | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Florence | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Ashville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 124 | |||
Initial Costs to Company, Buildings and Improvements | 1,696 | |||
Gross Amount at Which Carried at Close of Period, Land | 124 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,696 | |||
Total | 1,820 | |||
Accumulated Depreciation | $ 257 | |||
Date of Construction | 1999 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Ashville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Ashville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Athens | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 143 | |||
Initial Costs to Company, Buildings and Improvements | 1,996 | |||
Gross Amount at Which Carried at Close of Period, Land | 143 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,996 | |||
Total | 2,139 | |||
Accumulated Depreciation | $ 302 | |||
Date of Construction | 2007 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Athens | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Athens | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Carbon Hill | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 54 | |||
Initial Costs to Company, Buildings and Improvements | 1,634 | |||
Gross Amount at Which Carried at Close of Period, Land | 54 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,634 | |||
Total | 1,688 | |||
Accumulated Depreciation | $ 253 | |||
Date of Construction | 1998 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Carbon Hill | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Carbon Hill | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Carrollton | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 77 | |||
Initial Costs to Company, Buildings and Improvements | 2,030 | |||
Gross Amount at Which Carried at Close of Period, Land | 77 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,030 | |||
Total | 2,107 | |||
Accumulated Depreciation | $ 307 | |||
Date of Construction | 2008 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Carrollton | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Carrollton | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Centreville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 140 | |||
Initial Costs to Company, Buildings and Improvements | 2,251 | |||
Gross Amount at Which Carried at Close of Period, Land | 140 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,251 | |||
Total | 2,391 | |||
Accumulated Depreciation | $ 328 | |||
Date of Construction | 2013 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Centreville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Centreville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Gadsden | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 42 | |||
Initial Costs to Company, Buildings and Improvements | 2,571 | |||
Gross Amount at Which Carried at Close of Period, Land | 42 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,571 | |||
Total | 2,613 | |||
Accumulated Depreciation | $ 378 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Gadsden | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Gadsden | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cullman | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 71 | |||
Initial Costs to Company, Buildings and Improvements | 1,799 | |||
Gross Amount at Which Carried at Close of Period, Land | 71 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,799 | |||
Total | 1,870 | |||
Accumulated Depreciation | $ 268 | |||
Date of Construction | 1997 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Cullman | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cullman | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cullman | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 79 | |||
Initial Costs to Company, Buildings and Improvements | 1,949 | |||
Gross Amount at Which Carried at Close of Period, Land | 79 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,949 | |||
Total | 2,028 | |||
Accumulated Depreciation | $ 303 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Cullman | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cullman | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Dora | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 18 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2,095 | |||
Gross Amount at Which Carried at Close of Period, Land | 18 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,095 | |||
Total | 2,113 | |||
Accumulated Depreciation | $ 97 | |||
Date of Construction | 1968 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Dora | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Dora | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Double Springs | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 306 | |||
Initial Costs to Company, Buildings and Improvements | 1,752 | |||
Gross Amount at Which Carried at Close of Period, Land | 306 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,752 | |||
Total | 2,058 | |||
Accumulated Depreciation | $ 275 | |||
Date of Construction | 1995 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Double Springs | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Double Springs | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Moulton | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 117 | |||
Initial Costs to Company, Buildings and Improvements | 1,752 | |||
Gross Amount at Which Carried at Close of Period, Land | 117 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,752 | |||
Total | 1,869 | |||
Accumulated Depreciation | $ 277 | |||
Date of Construction | 2003 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Moulton | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Moulton | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Guntersville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 382 | |||
Initial Costs to Company, Buildings and Improvements | 2,020 | |||
Gross Amount at Which Carried at Close of Period, Land | 382 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,020 | |||
Total | 2,402 | |||
Accumulated Depreciation | $ 324 | |||
Date of Construction | 2015 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Guntersville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Guntersville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Harpersville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 48 | |||
Initial Costs to Company, Buildings and Improvements | 2,645 | |||
Gross Amount at Which Carried at Close of Period, Land | 48 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,645 | |||
Total | 2,693 | |||
Accumulated Depreciation | $ 377 | |||
Date of Construction | 1995 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Harpersville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Harpersville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Harvest | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 163 | |||
Initial Costs to Company, Buildings and Improvements | 2,060 | |||
Gross Amount at Which Carried at Close of Period, Land | 163 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,060 | |||
Total | 2,223 | |||
Accumulated Depreciation | $ 318 | |||
Date of Construction | 2014 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Harvest | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Harvest | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lawrenceburg | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 117 | |||
Initial Costs to Company, Buildings and Improvements | 1,832 | |||
Gross Amount at Which Carried at Close of Period, Land | 117 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,832 | |||
Total | 1,949 | |||
Accumulated Depreciation | $ 352 | |||
Date of Construction | 2014 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Lawrenceburg | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lawrenceburg | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Montevallo | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 60 | |||
Initial Costs to Company, Buildings and Improvements | 2,203 | |||
Gross Amount at Which Carried at Close of Period, Land | 60 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,203 | |||
Total | 2,263 | |||
Accumulated Depreciation | $ 332 | |||
Date of Construction | 2009 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Montevallo | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Montevallo | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Muscle Shoals | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 44 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,867 | |||
Gross Amount at Which Carried at Close of Period, Land | 44 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,867 | |||
Total | 1,911 | |||
Accumulated Depreciation | $ 100 | |||
Date of Construction | 1984 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Muscle Shoals | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Muscle Shoals | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Odenville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 100 | |||
Initial Costs to Company, Buildings and Improvements | 1,652 | |||
Gross Amount at Which Carried at Close of Period, Land | 100 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,652 | |||
Total | 1,752 | |||
Accumulated Depreciation | $ 278 | |||
Date of Construction | 2000 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Odenville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Odenville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Piedmont | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 33 | |||
Initial Costs to Company, Buildings and Improvements | 1,934 | |||
Gross Amount at Which Carried at Close of Period, Land | 33 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,934 | |||
Total | 1,967 | |||
Accumulated Depreciation | $ 279 | |||
Date of Construction | 1981 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Piedmont | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Piedmont | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Reform | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 201 | |||
Initial Costs to Company, Buildings and Improvements | 1,979 | |||
Gross Amount at Which Carried at Close of Period, Land | 201 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,979 | |||
Total | 2,180 | |||
Accumulated Depreciation | $ 336 | |||
Date of Construction | 1992 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Reform | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Reform | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Opelika | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 125 | |||
Initial Costs to Company, Buildings and Improvements | 1,657 | |||
Gross Amount at Which Carried at Close of Period, Land | 125 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,657 | |||
Total | 1,782 | |||
Accumulated Depreciation | $ 3 | |||
Date of Construction | 2011 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Opelika | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Opelika | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Sheffield | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 43 | |||
Initial Costs to Company, Buildings and Improvements | 1,730 | |||
Gross Amount at Which Carried at Close of Period, Land | 43 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,730 | |||
Total | 1,773 | |||
Accumulated Depreciation | $ 246 | |||
Date of Construction | 1967 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Sheffield | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Sheffield | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Huntsville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 133 | |||
Initial Costs to Company, Buildings and Improvements | 2,029 | |||
Gross Amount at Which Carried at Close of Period, Land | 133 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,029 | |||
Total | 2,162 | |||
Accumulated Depreciation | $ 301 | |||
Date of Construction | 2010 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Huntsville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Huntsville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Somerville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 28 | |||
Initial Costs to Company, Buildings and Improvements | 1,758 | |||
Gross Amount at Which Carried at Close of Period, Land | 28 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,758 | |||
Total | 1,786 | |||
Accumulated Depreciation | $ 299 | |||
Date of Construction | 2001 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Somerville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Somerville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Ashwaubenon | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 86 | |||
Initial Costs to Company, Buildings and Improvements | 2,008 | |||
Gross Amount at Which Carried at Close of Period, Land | 86 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,008 | |||
Total | 2,094 | |||
Accumulated Depreciation | $ 305 | |||
Date of Construction | 1994 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Ashwaubenon | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Ashwaubenon | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Springville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 31 | |||
Initial Costs to Company, Buildings and Improvements | 1,994 | |||
Gross Amount at Which Carried at Close of Period, Land | 31 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,994 | |||
Total | 2,025 | |||
Accumulated Depreciation | $ 288 | |||
Date of Construction | 1993 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Springville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Springville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Stevenson | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 306 | |||
Initial Costs to Company, Buildings and Improvements | 1,862 | |||
Gross Amount at Which Carried at Close of Period, Land | 306 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,862 | |||
Total | 2,168 | |||
Accumulated Depreciation | $ 278 | |||
Date of Construction | 1985 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Stevenson | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Stevenson | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Trussville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 34 | |||
Initial Costs to Company, Buildings and Improvements | 2,039 | |||
Gross Amount at Which Carried at Close of Period, Land | 34 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,039 | |||
Total | 2,073 | |||
Accumulated Depreciation | $ 291 | |||
Date of Construction | 1992 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Trussville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Trussville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | West Bend | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 113 | |||
Initial Costs to Company, Buildings and Improvements | 1,704 | |||
Gross Amount at Which Carried at Close of Period, Land | 113 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,704 | |||
Total | 1,817 | |||
Accumulated Depreciation | $ 267 | |||
Date of Construction | 1996 | |||
Date Acquired | 2015 | |||
Restaurant Properties | West Bend | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | West Bend | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tuscumbia | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 117 | |||
Initial Costs to Company, Buildings and Improvements | 1,831 | |||
Gross Amount at Which Carried at Close of Period, Land | 117 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,831 | |||
Total | 1,948 | |||
Accumulated Depreciation | $ 294 | |||
Date of Construction | 2004 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Tuscumbia | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tuscumbia | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Appleton | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 95 | |||
Initial Costs to Company, Buildings and Improvements | 2,478 | |||
Gross Amount at Which Carried at Close of Period, Land | 95 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,478 | |||
Total | 2,573 | |||
Accumulated Depreciation | $ 369 | |||
Date of Construction | 1976 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Appleton | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Appleton | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Wedowee | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 92 | |||
Initial Costs to Company, Buildings and Improvements | 1,454 | |||
Gross Amount at Which Carried at Close of Period, Land | 92 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,454 | |||
Total | 1,546 | |||
Accumulated Depreciation | $ 212 | |||
Date of Construction | 2002 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Wedowee | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Wedowee | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Manitowoc | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 106 | |||
Initial Costs to Company, Buildings and Improvements | 1,714 | |||
Gross Amount at Which Carried at Close of Period, Land | 106 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,714 | |||
Total | 1,820 | |||
Accumulated Depreciation | $ 273 | |||
Date of Construction | 1996 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Manitowoc | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Manitowoc | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Linden | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 382 | |||
Initial Costs to Company, Buildings and Improvements | 1,252 | |||
Gross Amount at Which Carried at Close of Period, Land | 382 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,252 | |||
Total | 1,634 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 2019 | |||
Date Acquired | 2020 | |||
Restaurant Properties | Linden | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Linden | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Eau Claire | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 137 | |||
Initial Costs to Company, Buildings and Improvements | 2,245 | |||
Gross Amount at Which Carried at Close of Period, Land | 137 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,245 | |||
Total | 2,382 | |||
Accumulated Depreciation | $ 358 | |||
Date of Construction | 1994 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Eau Claire | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Eau Claire | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Pleasant Grove | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 256 | |||
Initial Costs to Company, Buildings and Improvements | 1,721 | |||
Gross Amount at Which Carried at Close of Period, Land | 256 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,721 | |||
Total | 1,977 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 2020 | |||
Date Acquired | 2020 | |||
Restaurant Properties | Pleasant Grove | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Pleasant Grove | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Dover | DE | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 211 | |||
Initial Costs to Company, Buildings and Improvements | 3,455 | |||
Gross Amount at Which Carried at Close of Period, Land | 211 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,455 | |||
Total | 3,666 | |||
Accumulated Depreciation | $ 503 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Dover | DE | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Dover | DE | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Slocomb | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 409 | |||
Initial Costs to Company, Buildings and Improvements | 1,567 | |||
Gross Amount at Which Carried at Close of Period, Land | 409 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,567 | |||
Total | 1,976 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 2020 | |||
Date Acquired | 2020 | |||
Restaurant Properties | Slocomb | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Slocomb | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Norman | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 232 | |||
Initial Costs to Company, Buildings and Improvements | 3,733 | |||
Gross Amount at Which Carried at Close of Period, Land | 232 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,733 | |||
Total | 3,965 | |||
Accumulated Depreciation | $ 548 | |||
Date of Construction | 1982 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Norman | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Norman | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Amory | MS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 296 | |||
Initial Costs to Company, Buildings and Improvements | 1,346 | |||
Gross Amount at Which Carried at Close of Period, Land | 296 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,346 | |||
Total | 1,642 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 2020 | |||
Date Acquired | 2020 | |||
Restaurant Properties | Amory | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Amory | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Meridian | MS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 381 | |||
Initial Costs to Company, Buildings and Improvements | 1,434 | |||
Gross Amount at Which Carried at Close of Period, Land | 381 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,434 | |||
Total | 1,815 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 2020 | |||
Date Acquired | 2020 | |||
Restaurant Properties | Meridian | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Meridian | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Wichita | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 468 | |||
Initial Costs to Company, Buildings and Improvements | 3,475 | |||
Gross Amount at Which Carried at Close of Period, Land | 468 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,475 | |||
Total | 3,943 | |||
Accumulated Depreciation | $ 510 | |||
Date of Construction | 1982 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Wichita | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Wichita | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | West Point | MS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 469 | |||
Initial Costs to Company, Buildings and Improvements | 1,322 | |||
Gross Amount at Which Carried at Close of Period, Land | 469 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,322 | |||
Total | 1,791 | |||
Accumulated Depreciation | $ 2 | |||
Date of Construction | 2020 | |||
Date Acquired | 2020 | |||
Restaurant Properties | West Point | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | West Point | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Las Cruces | NM | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 108 | |||
Initial Costs to Company, Buildings and Improvements | 4,069 | |||
Gross Amount at Which Carried at Close of Period, Land | 108 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,069 | |||
Total | 4,177 | |||
Accumulated Depreciation | $ 604 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Las Cruces | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Las Cruces | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Brownsville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 365 | |||
Initial Costs to Company, Buildings and Improvements | 1,058 | |||
Gross Amount at Which Carried at Close of Period, Land | 365 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,058 | |||
Total | 1,423 | |||
Accumulated Depreciation | $ 1 | |||
Date of Construction | 2019 | |||
Date Acquired | 2020 | |||
Restaurant Properties | Brownsville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Brownsville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lee's Summit | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 132 | |||
Initial Costs to Company, Buildings and Improvements | 3,447 | |||
Gross Amount at Which Carried at Close of Period, Land | 132 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,447 | |||
Total | 3,579 | |||
Accumulated Depreciation | $ 532 | |||
Date of Construction | 2010 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Lee's Summit | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lee's Summit | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Gadsden | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 219 | |||
Initial Costs to Company, Buildings and Improvements | 2,915 | |||
Gross Amount at Which Carried at Close of Period, Land | 219 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,915 | |||
Total | 3,134 | |||
Accumulated Depreciation | $ 436 | |||
Date of Construction | 1981 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Gadsden | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Gadsden | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Murfreesboro | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 247 | |||
Initial Costs to Company, Buildings and Improvements | 2,747 | |||
Gross Amount at Which Carried at Close of Period, Land | 247 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,747 | |||
Total | 2,994 | |||
Accumulated Depreciation | $ 437 | |||
Date of Construction | 1987 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Murfreesboro | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Murfreesboro | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Macon | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 258 | |||
Initial Costs to Company, Buildings and Improvements | 3,235 | |||
Gross Amount at Which Carried at Close of Period, Land | 258 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,235 | |||
Total | 3,493 | |||
Accumulated Depreciation | $ 471 | |||
Date of Construction | 1972 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Macon | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Macon | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Joliet | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 686 | |||
Initial Costs to Company, Buildings and Improvements | 3,072 | |||
Gross Amount at Which Carried at Close of Period, Land | 686 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,072 | |||
Total | 3,758 | |||
Accumulated Depreciation | $ 488 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Joliet | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Joliet | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Wheat Ridge | CO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 451 | |||
Initial Costs to Company, Buildings and Improvements | 3,614 | |||
Gross Amount at Which Carried at Close of Period, Land | 451 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,614 | |||
Total | 4,065 | |||
Accumulated Depreciation | $ 520 | |||
Date of Construction | 1974 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Wheat Ridge | CO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Wheat Ridge | CO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oakdale | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 197 | |||
Initial Costs to Company, Buildings and Improvements | 3,455 | |||
Gross Amount at Which Carried at Close of Period, Land | 197 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,455 | |||
Total | 3,652 | |||
Accumulated Depreciation | $ 497 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Oakdale | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oakdale | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Austin | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,184 | |||
Initial Costs to Company, Buildings and Improvements | 5,678 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,184 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,678 | |||
Total | 6,862 | |||
Accumulated Depreciation | $ 736 | |||
Date of Construction | 1998 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Austin | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Austin | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Pineville | NEW CALEDONIA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 74 | |||
Initial Costs to Company, Buildings and Improvements | 3,587 | |||
Gross Amount at Which Carried at Close of Period, Land | 74 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,587 | |||
Total | 3,661 | |||
Accumulated Depreciation | $ 533 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Pineville | NEW CALEDONIA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Pineville | NEW CALEDONIA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Austin | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,104 | |||
Initial Costs to Company, Buildings and Improvements | 7,566 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,104 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,566 | |||
Total | 9,670 | |||
Accumulated Depreciation | $ 1,030 | |||
Date of Construction | 2006 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Austin | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Austin | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Austin | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 4,190 | |||
Initial Costs to Company, Buildings and Improvements | 7,829 | |||
Gross Amount at Which Carried at Close of Period, Land | 4,190 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,829 | |||
Total | 12,019 | |||
Accumulated Depreciation | $ 1,019 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Austin | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Austin | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Dothan | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 539 | |||
Initial Costs to Company, Buildings and Improvements | 2,551 | |||
Gross Amount at Which Carried at Close of Period, Land | 539 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,551 | |||
Total | 3,090 | |||
Accumulated Depreciation | $ 326 | |||
Date of Construction | 1997 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Dothan | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Dothan | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tallahassee | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 864 | |||
Initial Costs to Company, Buildings and Improvements | 2,184 | |||
Gross Amount at Which Carried at Close of Period, Land | 864 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,184 | |||
Total | 3,048 | |||
Accumulated Depreciation | $ 296 | |||
Date of Construction | 1995 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Tallahassee | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tallahassee | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Maplewood | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 315 | |||
Initial Costs to Company, Buildings and Improvements | 1,551 | |||
Gross Amount at Which Carried at Close of Period, Land | 315 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,551 | |||
Total | 1,866 | |||
Accumulated Depreciation | $ 272 | |||
Date of Construction | 1983 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Maplewood | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Maplewood | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Peachtree City | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 476 | |||
Initial Costs to Company, Buildings and Improvements | 2,590 | |||
Gross Amount at Which Carried at Close of Period, Land | 476 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,590 | |||
Total | 3,066 | |||
Accumulated Depreciation | $ 342 | |||
Date of Construction | 1997 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Peachtree City | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Peachtree City | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Santa Fe | NM | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 121 | |||
Initial Costs to Company, Buildings and Improvements | 2,979 | |||
Gross Amount at Which Carried at Close of Period, Land | 121 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,979 | |||
Total | 3,100 | |||
Accumulated Depreciation | $ 386 | |||
Date of Construction | 1990 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Santa Fe | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Santa Fe | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Valdosta | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 524 | |||
Initial Costs to Company, Buildings and Improvements | 2,504 | |||
Gross Amount at Which Carried at Close of Period, Land | 524 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,504 | |||
Total | 3,028 | |||
Accumulated Depreciation | $ 331 | |||
Date of Construction | 1997 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Valdosta | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Valdosta | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Orland Park | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 686 | |||
Initial Costs to Company, Buildings and Improvements | 2,358 | |||
Gross Amount at Which Carried at Close of Period, Land | 686 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,358 | |||
Total | 3,044 | |||
Accumulated Depreciation | $ 323 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Orland Park | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Orland Park | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Jonesboro | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 324 | |||
Initial Costs to Company, Buildings and Improvements | 3,383 | |||
Gross Amount at Which Carried at Close of Period, Land | 324 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,383 | |||
Total | 3,707 | |||
Accumulated Depreciation | $ 457 | |||
Date of Construction | 2011 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Jonesboro | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Jonesboro | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Rockford | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 450 | |||
Initial Costs to Company, Buildings and Improvements | 2,701 | |||
Gross Amount at Which Carried at Close of Period, Land | 450 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,701 | |||
Total | 3,151 | |||
Accumulated Depreciation | $ 347 | |||
Date of Construction | 1996 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Rockford | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Rockford | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Bloomington | IN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 240 | |||
Initial Costs to Company, Buildings and Improvements | 2,761 | |||
Gross Amount at Which Carried at Close of Period, Land | 240 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,761 | |||
Total | 3,001 | |||
Accumulated Depreciation | $ 327 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Bloomington | IN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Bloomington | IN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Bridgeport | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 88 | |||
Initial Costs to Company, Buildings and Improvements | 4,074 | |||
Gross Amount at Which Carried at Close of Period, Land | 88 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,074 | |||
Total | 4,162 | |||
Accumulated Depreciation | $ 566 | |||
Date of Construction | 2007 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Bridgeport | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Bridgeport | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Kokomo | IN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 106 | |||
Initial Costs to Company, Buildings and Improvements | 3,065 | |||
Gross Amount at Which Carried at Close of Period, Land | 106 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,065 | |||
Total | 3,171 | |||
Accumulated Depreciation | $ 348 | |||
Date of Construction | 1995 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Kokomo | IN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Kokomo | IN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Round Rock | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 769 | |||
Initial Costs to Company, Buildings and Improvements | 4,176 | |||
Gross Amount at Which Carried at Close of Period, Land | 769 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,176 | |||
Total | 4,945 | |||
Accumulated Depreciation | $ 535 | |||
Date of Construction | 1984 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Round Rock | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Round Rock | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Clarkston | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 284 | |||
Initial Costs to Company, Buildings and Improvements | 2,788 | |||
Gross Amount at Which Carried at Close of Period, Land | 284 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,788 | |||
Total | 3,072 | |||
Accumulated Depreciation | $ 391 | |||
Date of Construction | 1997 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Clarkston | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Clarkston | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Madison Heights | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 58 | |||
Initial Costs to Company, Buildings and Improvements | 3,094 | |||
Gross Amount at Which Carried at Close of Period, Land | 58 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,094 | |||
Total | 3,152 | |||
Accumulated Depreciation | $ 351 | |||
Date of Construction | 1995 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Madison Heights | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Madison Heights | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Brighton | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 102 | |||
Initial Costs to Company, Buildings and Improvements | 2,920 | |||
Gross Amount at Which Carried at Close of Period, Land | 102 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,920 | |||
Total | 3,022 | |||
Accumulated Depreciation | $ 385 | |||
Date of Construction | 1998 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Brighton | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Brighton | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Hendersonville | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 165 | |||
Initial Costs to Company, Buildings and Improvements | 2,928 | |||
Gross Amount at Which Carried at Close of Period, Land | 165 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,928 | |||
Total | 3,093 | |||
Accumulated Depreciation | $ 396 | |||
Date of Construction | 2000 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Hendersonville | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Hendersonville | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | New Bern | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 284 | |||
Initial Costs to Company, Buildings and Improvements | 2,525 | |||
Gross Amount at Which Carried at Close of Period, Land | 284 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,525 | |||
Total | 2,809 | |||
Accumulated Depreciation | $ 326 | |||
Date of Construction | 2000 | |||
Date Acquired | 2016 | |||
Restaurant Properties | New Bern | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | New Bern | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cherry Hill | NJ | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 791 | |||
Initial Costs to Company, Buildings and Improvements | 2,340 | |||
Gross Amount at Which Carried at Close of Period, Land | 791 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,340 | |||
Total | 3,131 | |||
Accumulated Depreciation | $ 321 | |||
Date of Construction | 1992 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Cherry Hill | NJ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cherry Hill | NJ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Beaumont | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 206 | |||
Initial Costs to Company, Buildings and Improvements | 3,241 | |||
Gross Amount at Which Carried at Close of Period, Land | 206 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,241 | |||
Total | 3,447 | |||
Accumulated Depreciation | $ 409 | |||
Date of Construction | 1996 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Beaumont | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Beaumont | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Desoto | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 535 | |||
Initial Costs to Company, Buildings and Improvements | 2,542 | |||
Gross Amount at Which Carried at Close of Period, Land | 535 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,542 | |||
Total | 3,077 | |||
Accumulated Depreciation | $ 342 | |||
Date of Construction | 1999 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Desoto | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Desoto | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lewisville | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 299 | |||
Initial Costs to Company, Buildings and Improvements | 2,786 | |||
Gross Amount at Which Carried at Close of Period, Land | 299 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,786 | |||
Total | 3,085 | |||
Accumulated Depreciation | $ 335 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Lewisville | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lewisville | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Webster | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 591 | |||
Initial Costs to Company, Buildings and Improvements | 2,622 | |||
Gross Amount at Which Carried at Close of Period, Land | 591 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,622 | |||
Total | 3,213 | |||
Accumulated Depreciation | $ 346 | |||
Date of Construction | 1995 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Webster | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Webster | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lafayette | IN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 285 | |||
Initial Costs to Company, Buildings and Improvements | 3,436 | |||
Gross Amount at Which Carried at Close of Period, Land | 285 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,436 | |||
Total | 3,721 | |||
Accumulated Depreciation | $ 463 | |||
Date of Construction | 2012 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Lafayette | IN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lafayette | IN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Hampton | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 642 | |||
Initial Costs to Company, Buildings and Improvements | 1,108 | |||
Gross Amount at Which Carried at Close of Period, Land | 642 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,108 | |||
Total | 1,750 | |||
Accumulated Depreciation | $ 100 | |||
Date of Construction | 2016 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Hampton | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Hampton | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Pensacola | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 328 | |||
Initial Costs to Company, Buildings and Improvements | 2,600 | |||
Gross Amount at Which Carried at Close of Period, Land | 328 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,600 | |||
Total | 2,928 | |||
Accumulated Depreciation | $ 196 | |||
Date of Construction | 2007 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Pensacola | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Pensacola | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Greenville | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 946 | |||
Initial Costs to Company, Buildings and Improvements | 3,068 | |||
Gross Amount at Which Carried at Close of Period, Land | 946 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,068 | |||
Total | 4,014 | |||
Accumulated Depreciation | $ 226 | |||
Date of Construction | 1973 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Greenville | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Greenville | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Augusta | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 253 | |||
Initial Costs to Company, Buildings and Improvements | 772 | |||
Gross Amount at Which Carried at Close of Period, Land | 253 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 772 | |||
Total | 1,025 | |||
Accumulated Depreciation | $ 61 | |||
Date of Construction | 2012 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Augusta | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Augusta | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Riverdale | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 311 | |||
Initial Costs to Company, Buildings and Improvements | 2,518 | |||
Gross Amount at Which Carried at Close of Period, Land | 311 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,518 | |||
Total | 2,829 | |||
Accumulated Depreciation | $ 195 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Riverdale | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Riverdale | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Memphis | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 632 | |||
Initial Costs to Company, Buildings and Improvements | 2,376 | |||
Gross Amount at Which Carried at Close of Period, Land | 632 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,376 | |||
Total | 3,008 | |||
Accumulated Depreciation | $ 192 | |||
Date of Construction | 1978 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Memphis | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Memphis | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Mishawaka | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 330 | |||
Initial Costs to Company, Buildings and Improvements | 2,074 | |||
Gross Amount at Which Carried at Close of Period, Land | 330 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,074 | |||
Total | 2,404 | |||
Accumulated Depreciation | $ 164 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Mishawaka | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mishawaka | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Chattanooga | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 470 | |||
Initial Costs to Company, Buildings and Improvements | 3,391 | |||
Gross Amount at Which Carried at Close of Period, Land | 470 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,391 | |||
Total | 3,861 | |||
Accumulated Depreciation | $ 253 | |||
Date of Construction | 1970 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Chattanooga | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Chattanooga | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Nashville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 416 | |||
Initial Costs to Company, Buildings and Improvements | 1,511 | |||
Gross Amount at Which Carried at Close of Period, Land | 416 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,511 | |||
Total | 1,927 | |||
Accumulated Depreciation | $ 91 | |||
Date of Construction | 2000 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Nashville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Nashville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Florence | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 234 | |||
Initial Costs to Company, Buildings and Improvements | 1,534 | |||
Gross Amount at Which Carried at Close of Period, Land | 234 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,534 | |||
Total | 1,768 | |||
Accumulated Depreciation | $ 125 | |||
Date of Construction | 2004 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Florence | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Florence | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Miles City | MONTANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 547 | |||
Initial Costs to Company, Buildings and Improvements | 1,616 | |||
Gross Amount at Which Carried at Close of Period, Land | 547 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,616 | |||
Total | 2,163 | |||
Accumulated Depreciation | $ 138 | |||
Date of Construction | 1995 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Miles City | MONTANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Miles City | MONTANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Madison | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 325 | |||
Initial Costs to Company, Buildings and Improvements | 1,026 | |||
Gross Amount at Which Carried at Close of Period, Land | 325 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,026 | |||
Total | 1,351 | |||
Accumulated Depreciation | $ 81 | |||
Date of Construction | 2014 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Madison | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Madison | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Dickinson | NORTH DAKOTA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 294 | |||
Initial Costs to Company, Buildings and Improvements | 2,447 | |||
Gross Amount at Which Carried at Close of Period, Land | 294 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,447 | |||
Total | 2,741 | |||
Accumulated Depreciation | $ 173 | |||
Date of Construction | 1983 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Dickinson | NORTH DAKOTA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Dickinson | NORTH DAKOTA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Louisville | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 387 | |||
Initial Costs to Company, Buildings and Improvements | 4,698 | |||
Gross Amount at Which Carried at Close of Period, Land | 387 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,698 | |||
Total | 5,085 | |||
Accumulated Depreciation | $ 348 | |||
Date of Construction | 1965 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Louisville | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Louisville | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Louisville1 | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 297 | |||
Initial Costs to Company, Buildings and Improvements | 2,867 | |||
Gross Amount at Which Carried at Close of Period, Land | 297 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,867 | |||
Total | 3,164 | |||
Accumulated Depreciation | $ 211 | |||
Date of Construction | 1966 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Louisville1 | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Louisville1 | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Billings | MONTANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 356 | |||
Initial Costs to Company, Buildings and Improvements | 1,728 | |||
Gross Amount at Which Carried at Close of Period, Land | 356 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,728 | |||
Total | 2,084 | |||
Accumulated Depreciation | $ 134 | |||
Date of Construction | 1976 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Billings | MONTANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Billings | MONTANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Huntsville | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 251 | |||
Initial Costs to Company, Buildings and Improvements | 3,819 | |||
Gross Amount at Which Carried at Close of Period, Land | 251 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,819 | |||
Total | 4,070 | |||
Accumulated Depreciation | $ 280 | |||
Date of Construction | 1968 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Huntsville | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Huntsville | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Billings | MONTANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 753 | |||
Initial Costs to Company, Buildings and Improvements | 1,448 | |||
Gross Amount at Which Carried at Close of Period, Land | 753 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,448 | |||
Total | 2,201 | |||
Accumulated Depreciation | $ 120 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Billings | MONTANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Billings | MONTANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Matthews | NEW CALEDONIA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 432 | |||
Initial Costs to Company, Buildings and Improvements | 941 | |||
Gross Amount at Which Carried at Close of Period, Land | 432 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 941 | |||
Total | 1,373 | |||
Accumulated Depreciation | $ 82 | |||
Date of Construction | 2013 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Matthews | NEW CALEDONIA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Matthews | NEW CALEDONIA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Brentwood | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 924 | |||
Initial Costs to Company, Buildings and Improvements | 803 | |||
Gross Amount at Which Carried at Close of Period, Land | 924 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 803 | |||
Total | 1,727 | |||
Accumulated Depreciation | $ 77 | |||
Date of Construction | 2004 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Brentwood | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Brentwood | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cincinnati | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 184 | |||
Initial Costs to Company, Buildings and Improvements | 1,396 | |||
Gross Amount at Which Carried at Close of Period, Land | 184 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,396 | |||
Total | 1,580 | |||
Accumulated Depreciation | $ 87 | |||
Date of Construction | 1987 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Cincinnati | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cincinnati | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cincinnati | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 164 | |||
Initial Costs to Company, Buildings and Improvements | 2,787 | |||
Gross Amount at Which Carried at Close of Period, Land | 164 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,787 | |||
Total | 2,951 | |||
Accumulated Depreciation | $ 110 | |||
Date of Construction | 1987 | |||
Date Acquired | 2019 | |||
Restaurant Properties | Cincinnati | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cincinnati | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Hamilton | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 640 | |||
Initial Costs to Company, Buildings and Improvements | 2,310 | |||
Gross Amount at Which Carried at Close of Period, Land | 640 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,310 | |||
Total | 2,950 | |||
Accumulated Depreciation | $ 76 | |||
Date of Construction | 2004 | |||
Date Acquired | 2019 | |||
Restaurant Properties | Hamilton | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Hamilton | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Louisville | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 162 | |||
Initial Costs to Company, Buildings and Improvements | 948 | |||
Gross Amount at Which Carried at Close of Period, Land | 162 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 948 | |||
Total | 1,110 | |||
Accumulated Depreciation | $ 61 | |||
Date of Construction | 2002 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Louisville | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Louisville | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Raleigh | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 619 | |||
Initial Costs to Company, Buildings and Improvements | 3,327 | |||
Gross Amount at Which Carried at Close of Period, Land | 619 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,327 | |||
Total | 3,946 | |||
Accumulated Depreciation | $ 249 | |||
Date of Construction | 1971 | |||
Date Acquired | 2018 | |||
Federal Home Loan Bank of San Francisco | Raleigh | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Raleigh | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Cincinnati | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 638 | |||
Initial Costs to Company, Buildings and Improvements | 1,515 | |||
Gross Amount at Which Carried at Close of Period, Land | 638 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,515 | |||
Total | 2,153 | |||
Accumulated Depreciation | $ 194 | |||
Date of Construction | 1988 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Cincinnati | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Cincinnati | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Portage | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 38 | |||
Initial Costs to Company, Buildings and Improvements | 2,041 | |||
Gross Amount at Which Carried at Close of Period, Land | 38 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,041 | |||
Total | 2,079 | |||
Accumulated Depreciation | $ 241 | |||
Date of Construction | 1981 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Portage | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Portage | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Virginia Beach | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 665 | |||
Initial Costs to Company, Buildings and Improvements | 4,104 | |||
Gross Amount at Which Carried at Close of Period, Land | 665 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,104 | |||
Total | 4,769 | |||
Accumulated Depreciation | $ 305 | |||
Date of Construction | 1966 | |||
Date Acquired | 2018 | |||
Federal Home Loan Bank of San Francisco | Virginia Beach | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Virginia Beach | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Charlotte | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,148 | |||
Initial Costs to Company, Buildings and Improvements | 1,789 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 6 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,148 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,795 | |||
Total | 2,943 | |||
Accumulated Depreciation | $ 166 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Charlotte | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Charlotte | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Harrisonburg | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 444 | |||
Initial Costs to Company, Buildings and Improvements | 2,645 | |||
Gross Amount at Which Carried at Close of Period, Land | 444 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,645 | |||
Total | 3,089 | |||
Accumulated Depreciation | $ 360 | |||
Date of Construction | 1998 | |||
Date Acquired | 2016 | |||
Federal Home Loan Bank of San Francisco | Harrisonburg | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Harrisonburg | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Delaware | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 54 | |||
Initial Costs to Company, Buildings and Improvements | 1,788 | |||
Gross Amount at Which Carried at Close of Period, Land | 54 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,788 | |||
Total | 1,842 | |||
Accumulated Depreciation | $ 201 | |||
Date of Construction | 1987 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Delaware | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Delaware | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Beckley | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 194 | |||
Initial Costs to Company, Buildings and Improvements | 3,049 | |||
Gross Amount at Which Carried at Close of Period, Land | 194 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,049 | |||
Total | 3,243 | |||
Accumulated Depreciation | $ 379 | |||
Date of Construction | 1997 | |||
Date Acquired | 2016 | |||
Federal Home Loan Bank of San Francisco | Beckley | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Beckley | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Wadsworth | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 310 | |||
Initial Costs to Company, Buildings and Improvements | 1,612 | |||
Gross Amount at Which Carried at Close of Period, Land | 310 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,612 | |||
Total | 1,922 | |||
Accumulated Depreciation | $ 204 | |||
Date of Construction | 1989 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Wadsworth | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Wadsworth | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Fort Wright | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 68 | |||
Initial Costs to Company, Buildings and Improvements | 2,374 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 9 | |||
Gross Amount at Which Carried at Close of Period, Land | 68 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,383 | |||
Total | 2,451 | |||
Accumulated Depreciation | $ 270 | |||
Date of Construction | 1997 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Fort Wright | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Fort Wright | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Brook Park | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 180 | |||
Initial Costs to Company, Buildings and Improvements | 1,875 | |||
Gross Amount at Which Carried at Close of Period, Land | 180 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,875 | |||
Total | 2,055 | |||
Accumulated Depreciation | $ 214 | |||
Date of Construction | 2000 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Brook Park | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Brook Park | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Akron | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 134 | |||
Initial Costs to Company, Buildings and Improvements | 1,605 | |||
Gross Amount at Which Carried at Close of Period, Land | 134 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,605 | |||
Total | 1,739 | |||
Accumulated Depreciation | $ 236 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Akron | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Akron | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Terre Haute | IN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 207 | |||
Initial Costs to Company, Buildings and Improvements | 1,860 | |||
Gross Amount at Which Carried at Close of Period, Land | 207 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,860 | |||
Total | 2,067 | |||
Accumulated Depreciation | $ 208 | |||
Date of Construction | 1984 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Terre Haute | IN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Terre Haute | IN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Mt. Vernon | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 29 | |||
Initial Costs to Company, Buildings and Improvements | 796 | |||
Gross Amount at Which Carried at Close of Period, Land | 29 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 796 | |||
Total | 825 | |||
Accumulated Depreciation | $ 16 | |||
Date of Construction | 2001 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Mt. Vernon | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Mt. Vernon | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Harmarville | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 157 | |||
Initial Costs to Company, Buildings and Improvements | 1,761 | |||
Gross Amount at Which Carried at Close of Period, Land | 157 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,761 | |||
Total | 1,918 | |||
Accumulated Depreciation | $ 219 | |||
Date of Construction | 1984 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Harmarville | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Harmarville | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Maysville | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 37 | |||
Initial Costs to Company, Buildings and Improvements | 1,889 | |||
Gross Amount at Which Carried at Close of Period, Land | 37 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,889 | |||
Total | 1,926 | |||
Accumulated Depreciation | $ 218 | |||
Date of Construction | 2003 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Maysville | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Maysville | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Youngstown | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 72 | |||
Initial Costs to Company, Buildings and Improvements | 1,945 | |||
Gross Amount at Which Carried at Close of Period, Land | 72 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,945 | |||
Total | 2,017 | |||
Accumulated Depreciation | $ 218 | |||
Date of Construction | 1983 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Youngstown | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Youngstown | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Parkersburg | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 280 | |||
Initial Costs to Company, Buildings and Improvements | 1,631 | |||
Gross Amount at Which Carried at Close of Period, Land | 280 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,631 | |||
Total | 1,911 | |||
Accumulated Depreciation | $ 195 | |||
Date of Construction | 2004 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Parkersburg | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Parkersburg | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Mars | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 381 | |||
Initial Costs to Company, Buildings and Improvements | 1,572 | |||
Gross Amount at Which Carried at Close of Period, Land | 381 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,572 | |||
Total | 1,953 | |||
Accumulated Depreciation | $ 202 | |||
Date of Construction | 2004 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Mars | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Mars | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Chesterton | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 343 | |||
Initial Costs to Company, Buildings and Improvements | 1,613 | |||
Gross Amount at Which Carried at Close of Period, Land | 343 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,613 | |||
Total | 1,956 | |||
Accumulated Depreciation | $ 197 | |||
Date of Construction | 2004 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Chesterton | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Chesterton | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Lafayette | IN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 125 | |||
Initial Costs to Company, Buildings and Improvements | 1,793 | |||
Gross Amount at Which Carried at Close of Period, Land | 125 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,793 | |||
Total | 1,918 | |||
Accumulated Depreciation | $ 195 | |||
Date of Construction | 1976 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Lafayette | IN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Lafayette | IN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Huntington | WV | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 344 | |||
Initial Costs to Company, Buildings and Improvements | 1,575 | |||
Gross Amount at Which Carried at Close of Period, Land | 344 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,575 | |||
Total | 1,919 | |||
Accumulated Depreciation | $ 188 | |||
Date of Construction | 2005 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Huntington | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Huntington | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Joliet | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 142 | |||
Initial Costs to Company, Buildings and Improvements | 583 | |||
Gross Amount at Which Carried at Close of Period, Land | 142 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 583 | |||
Total | 725 | |||
Accumulated Depreciation | $ 12 | |||
Date of Construction | 1983 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Joliet | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Joliet | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Amelia | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 315 | |||
Initial Costs to Company, Buildings and Improvements | 1,719 | |||
Gross Amount at Which Carried at Close of Period, Land | 315 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,719 | |||
Total | 2,034 | |||
Accumulated Depreciation | $ 193 | |||
Date of Construction | 2006 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Amelia | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Amelia | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Bellefontaine | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 100 | |||
Initial Costs to Company, Buildings and Improvements | 1,833 | |||
Gross Amount at Which Carried at Close of Period, Land | 100 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,833 | |||
Total | 1,933 | |||
Accumulated Depreciation | $ 220 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Bellefontaine | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Bellefontaine | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Logan | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 153 | |||
Initial Costs to Company, Buildings and Improvements | 1,880 | |||
Gross Amount at Which Carried at Close of Period, Land | 153 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,880 | |||
Total | 2,033 | |||
Accumulated Depreciation | $ 246 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Logan | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Logan | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Harrison | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 204 | |||
Initial Costs to Company, Buildings and Improvements | 1,514 | |||
Gross Amount at Which Carried at Close of Period, Land | 204 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,514 | |||
Total | 1,718 | |||
Accumulated Depreciation | $ 183 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Harrison | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Harrison | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Upper Sandusky | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 171 | |||
Initial Costs to Company, Buildings and Improvements | 1,198 | |||
Gross Amount at Which Carried at Close of Period, Land | 171 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,198 | |||
Total | 1,369 | |||
Accumulated Depreciation | $ 142 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Upper Sandusky | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Upper Sandusky | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Oak Ridge | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,167 | |||
Initial Costs to Company, Buildings and Improvements | 1,684 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,167 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,684 | |||
Total | 2,851 | |||
Accumulated Depreciation | $ 170 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Oak Ridge | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Oak Ridge | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | California | MD | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 308 | |||
Initial Costs to Company, Buildings and Improvements | 1,275 | |||
Gross Amount at Which Carried at Close of Period, Land | 308 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,275 | |||
Total | 1,583 | |||
Accumulated Depreciation | $ 26 | |||
Date of Construction | 2000 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | California | MD | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | California | MD | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Alcoa | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,022 | |||
Initial Costs to Company, Buildings and Improvements | 1,760 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,022 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,760 | |||
Total | 2,782 | |||
Accumulated Depreciation | $ 176 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Alcoa | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Alcoa | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Salisbury | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 131 | |||
Initial Costs to Company, Buildings and Improvements | 1,243 | |||
Gross Amount at Which Carried at Close of Period, Land | 131 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,243 | |||
Total | 1,374 | |||
Accumulated Depreciation | $ 93 | |||
Date of Construction | 1974 | |||
Date Acquired | 2018 | |||
Federal Home Loan Bank of San Francisco | Salisbury | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Salisbury | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Cranberry | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 157 | |||
Initial Costs to Company, Buildings and Improvements | 1,804 | |||
Gross Amount at Which Carried at Close of Period, Land | 157 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,804 | |||
Total | 1,961 | |||
Accumulated Depreciation | $ 38 | |||
Date of Construction | 2004 | |||
Date Acquired | 2017 | |||
Federal Home Loan Bank of San Francisco | Cranberry | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Cranberry | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | High Point | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 202 | |||
Initial Costs to Company, Buildings and Improvements | 1,765 | |||
Gross Amount at Which Carried at Close of Period, Land | 202 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,765 | |||
Total | 1,967 | |||
Accumulated Depreciation | $ 136 | |||
Date of Construction | 1975 | |||
Date Acquired | 2018 | |||
Federal Home Loan Bank of San Francisco | High Point | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | High Point | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Fayetteville | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 251 | |||
Initial Costs to Company, Buildings and Improvements | 3,324 | |||
Gross Amount at Which Carried at Close of Period, Land | 251 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,324 | |||
Total | 3,575 | |||
Accumulated Depreciation | $ 245 | |||
Date of Construction | 1970 | |||
Date Acquired | 2018 | |||
Federal Home Loan Bank of San Francisco | Fayetteville | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Fayetteville | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Federal Home Loan Bank of San Francisco | Gastonia | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 236 | |||
Initial Costs to Company, Buildings and Improvements | 1,311 | |||
Gross Amount at Which Carried at Close of Period, Land | 236 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,311 | |||
Total | 1,547 | |||
Accumulated Depreciation | $ 104 | |||
Date of Construction | 1991 | |||
Date Acquired | 2018 | |||
Federal Home Loan Bank of San Francisco | Gastonia | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Federal Home Loan Bank of San Francisco | Gastonia | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Union Grove | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 85 | |||
Initial Costs to Company, Buildings and Improvements | 340 | |||
Gross Amount at Which Carried at Close of Period, Land | 85 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 340 | |||
Total | 425 | |||
Accumulated Depreciation | $ 78 | |||
Date of Construction | 1993 | |||
Date Acquired | 2012 | |||
Office Properties | Union Grove | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Union Grove | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Mt. Pleasant | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,214 | |||
Initial Costs to Company, Buildings and Improvements | 3,717 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,214 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,717 | |||
Total | 5,931 | |||
Accumulated Depreciation | $ 851 | |||
Date of Construction | 2008 | |||
Date Acquired | 2014 | |||
Office Properties | Mt. Pleasant | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Mt. Pleasant | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Jacksonville | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,251 | |||
Initial Costs to Company, Buildings and Improvements | 19,784 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,251 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,784 | |||
Total | 21,035 | |||
Accumulated Depreciation | $ 1,662 | |||
Date of Construction | 1984 | |||
Date Acquired | 2017 | |||
Office Properties | Jacksonville | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Jacksonville | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Melbourne | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,701 | |||
Initial Costs to Company, Buildings and Improvements | 12,141 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,701 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 12,141 | |||
Total | 13,842 | |||
Accumulated Depreciation | $ 1,404 | |||
Date of Construction | 2012 | |||
Date Acquired | 2016 | |||
Office Properties | Melbourne | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Melbourne | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Carrollton | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,743 | |||
Initial Costs to Company, Buildings and Improvements | 28,025 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,743 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 28,025 | |||
Total | 31,768 | |||
Accumulated Depreciation | $ 1,913 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Office Properties | Carrollton | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Carrollton | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Murfreesboro | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,534 | |||
Initial Costs to Company, Buildings and Improvements | 25,033 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,665 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,534 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 26,698 | |||
Total | 28,232 | |||
Accumulated Depreciation | $ 1,082 | |||
Date of Construction | 1980 | |||
Date Acquired | 2019 | |||
Office Properties | Murfreesboro | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Murfreesboro | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Austin | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 300 | |||
Initial Costs to Company, Buildings and Improvements | 29,681 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 8,649 | |||
Gross Amount at Which Carried at Close of Period, Land | 300 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 38,330 | |||
Total | 38,630 | |||
Accumulated Depreciation | $ 5,349 | |||
Date of Construction | 1984 | |||
Date Acquired | 2016 | |||
Office Properties | Austin | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Office Properties | Austin | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Rochester | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 589 | |||
Initial Costs to Company, Buildings and Improvements | 9,872 | |||
Gross Amount at Which Carried at Close of Period, Land | 589 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,872 | |||
Total | 10,461 | |||
Accumulated Depreciation | $ 2,998 | |||
Date of Construction | 2001 | |||
Date Acquired | 2010 | |||
Office Properties | Rochester | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Rochester | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Groveport | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 710 | |||
Initial Costs to Company, Buildings and Improvements | 5,087 | |||
Gross Amount at Which Carried at Close of Period, Land | 710 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,087 | |||
Total | 5,797 | |||
Accumulated Depreciation | $ 1,191 | |||
Date of Construction | 1979 | |||
Date Acquired | 2014 | |||
Office Properties | Groveport | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Groveport | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | West Valley City | UT | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,336 | |||
Initial Costs to Company, Buildings and Improvements | 5,822 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 10,000 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,336 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 15,822 | |||
Total | 17,158 | |||
Accumulated Depreciation | $ 4,354 | |||
Date of Construction | 1998 | |||
Date Acquired | 2014 | |||
Office Properties | West Valley City | UT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | West Valley City | UT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Milwaukee | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 668 | |||
Initial Costs to Company, Buildings and Improvements | 5,650 | |||
Gross Amount at Which Carried at Close of Period, Land | 668 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,650 | |||
Total | 6,318 | |||
Accumulated Depreciation | $ 960 | |||
Date of Construction | 1989 | |||
Date Acquired | 2014 | |||
Office Properties | Milwaukee | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Milwaukee | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Harleysville | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 3,513 | |||
Initial Costs to Company, Buildings and Improvements | 24,767 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,513 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 24,767 | |||
Total | 28,280 | |||
Accumulated Depreciation | $ 3,818 | |||
Date of Construction | 1950 | |||
Date Acquired | 2016 | |||
Office Properties | Harleysville | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Harleysville | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Wood Dale | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,806 | |||
Initial Costs to Company, Buildings and Improvements | 8,726 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 93 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,806 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,819 | |||
Total | 11,625 | |||
Accumulated Depreciation | $ 1,221 | |||
Date of Construction | 1986 | |||
Date Acquired | 2016 | |||
Office Properties | Wood Dale | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Wood Dale | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Pittsford | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 40 | |||
Initial Costs to Company, Buildings and Improvements | 29,530 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1,000 | |||
Gross Amount at Which Carried at Close of Period, Land | 40 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 30,530 | |||
Total | 30,570 | |||
Accumulated Depreciation | $ 3,102 | |||
Date of Construction | 1975 | |||
Date Acquired | 2017 | |||
Office Properties | Pittsford | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Pittsford | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Troy | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,665 | |||
Initial Costs to Company, Buildings and Improvements | 19,798 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,665 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,799 | |||
Total | 21,464 | |||
Accumulated Depreciation | $ 1,718 | |||
Date of Construction | 1984 | |||
Date Acquired | 2017 | |||
Office Properties | Troy | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Troy | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Westborough | MASSACHUSETTS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 5,861 | |||
Initial Costs to Company, Buildings and Improvements | 27,646 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,861 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 27,646 | |||
Total | 33,507 | |||
Accumulated Depreciation | $ 1,057 | |||
Date of Construction | 1965 | |||
Date Acquired | 2019 | |||
Office Properties | Westborough | MASSACHUSETTS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Westborough | MASSACHUSETTS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Harrisburg | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 958 | |||
Initial Costs to Company, Buildings and Improvements | 19,060 | |||
Gross Amount at Which Carried at Close of Period, Land | 958 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,060 | |||
Total | 20,018 | |||
Accumulated Depreciation | $ 2,536 | |||
Date of Construction | 1976 | |||
Date Acquired | 2016 | |||
Office Properties | Harrisburg | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Harrisburg | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Oshkosh | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 134 | |||
Initial Costs to Company, Buildings and Improvements | 5,372 | |||
Gross Amount at Which Carried at Close of Period, Land | 134 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,372 | |||
Total | 5,506 | |||
Accumulated Depreciation | $ 515 | |||
Date of Construction | 1995 | |||
Date Acquired | 2017 | |||
Retail Site | Oshkosh | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Oshkosh | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Cincinnati | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 367 | |||
Initial Costs to Company, Buildings and Improvements | 1,168 | |||
Gross Amount at Which Carried at Close of Period, Land | 367 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,168 | |||
Total | 1,535 | |||
Accumulated Depreciation | $ 111 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Cincinnati | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Cincinnati | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Columbus | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 406 | |||
Initial Costs to Company, Buildings and Improvements | 945 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2 | |||
Gross Amount at Which Carried at Close of Period, Land | 406 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 947 | |||
Total | 1,353 | |||
Accumulated Depreciation | $ 118 | |||
Date of Construction | 1983 | |||
Date Acquired | 2017 | |||
Retail Site | Columbus | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Columbus | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Mt. Pleasant | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,141 | |||
Initial Costs to Company, Buildings and Improvements | 997 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,141 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 997 | |||
Total | 2,138 | |||
Accumulated Depreciation | $ 309 | |||
Date of Construction | 1972 | |||
Date Acquired | 2014 | |||
Retail Site | Mt. Pleasant | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Mt. Pleasant | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Madill | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 739 | |||
Initial Costs to Company, Buildings and Improvements | 714 | |||
Gross Amount at Which Carried at Close of Period, Land | 739 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 714 | |||
Total | 1,453 | |||
Accumulated Depreciation | $ 132 | |||
Date of Construction | 1993 | |||
Date Acquired | 2014 | |||
Retail Site | Madill | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Madill | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Jacksonville | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 444 | |||
Initial Costs to Company, Buildings and Improvements | 2,179 | |||
Gross Amount at Which Carried at Close of Period, Land | 444 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,179 | |||
Total | 2,623 | |||
Accumulated Depreciation | $ 507 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Retail Site | Jacksonville | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Jacksonville | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Green Bay | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 398 | |||
Initial Costs to Company, Buildings and Improvements | 9,087 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 2 | |||
Gross Amount at Which Carried at Close of Period, Land | 398 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,089 | |||
Total | 9,487 | |||
Accumulated Depreciation | $ 862 | |||
Date of Construction | 1992 | |||
Date Acquired | 2017 | |||
Retail Site | Green Bay | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Green Bay | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Novi | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 201 | |||
Initial Costs to Company, Buildings and Improvements | 12,681 | |||
Gross Amount at Which Carried at Close of Period, Land | 201 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 12,681 | |||
Total | 12,882 | |||
Accumulated Depreciation | $ 1,399 | |||
Date of Construction | 1985 | |||
Date Acquired | 2017 | |||
Retail Site | Novi | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Novi | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Evansville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 636 | |||
Initial Costs to Company, Buildings and Improvements | 3,655 | |||
Gross Amount at Which Carried at Close of Period, Land | 636 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,655 | |||
Total | 4,291 | |||
Accumulated Depreciation | $ 466 | |||
Date of Construction | 1949 | |||
Date Acquired | 2016 | |||
Retail Site | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Dallas | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 454 | |||
Initial Costs to Company, Buildings and Improvements | 449 | |||
Gross Amount at Which Carried at Close of Period, Land | 454 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 449 | |||
Total | 903 | |||
Accumulated Depreciation | $ 121 | |||
Date of Construction | 1984 | |||
Date Acquired | 2014 | |||
Retail Site | Dallas | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Dallas | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Lexington | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 219 | |||
Initial Costs to Company, Buildings and Improvements | 898 | |||
Gross Amount at Which Carried at Close of Period, Land | 219 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 898 | |||
Total | 1,117 | |||
Accumulated Depreciation | $ 70 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Retail Site | Lexington | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Lexington | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Clinton Township | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 358 | |||
Initial Costs to Company, Buildings and Improvements | 9,551 | |||
Gross Amount at Which Carried at Close of Period, Land | 358 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,551 | |||
Total | 9,909 | |||
Accumulated Depreciation | $ 1,023 | |||
Date of Construction | 1987 | |||
Date Acquired | 2017 | |||
Retail Site | Clinton Township | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Clinton Township | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Tulsa | OKLAHOMA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 113 | |||
Initial Costs to Company, Buildings and Improvements | 1,890 | |||
Gross Amount at Which Carried at Close of Period, Land | 113 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,890 | |||
Total | 2,003 | |||
Accumulated Depreciation | $ 457 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Retail Site | Tulsa | OKLAHOMA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Tulsa | OKLAHOMA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Warren | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 63 | |||
Initial Costs to Company, Buildings and Improvements | 2,152 | |||
Gross Amount at Which Carried at Close of Period, Land | 63 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,152 | |||
Total | 2,215 | |||
Accumulated Depreciation | $ 17 | |||
Date of Construction | 1991 | |||
Date Acquired | 2017 | |||
Retail Site | Warren | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Warren | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Henderson | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 290 | |||
Initial Costs to Company, Buildings and Improvements | 729 | |||
Gross Amount at Which Carried at Close of Period, Land | 290 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 729 | |||
Total | 1,019 | |||
Accumulated Depreciation | $ 107 | |||
Date of Construction | 1973 | |||
Date Acquired | 2016 | |||
Retail Site | Henderson | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Henderson | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Fort Worth | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,142 | |||
Initial Costs to Company, Buildings and Improvements | 554 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,142 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 554 | |||
Total | 1,696 | |||
Accumulated Depreciation | $ 131 | |||
Date of Construction | 1980 | |||
Date Acquired | 2014 | |||
Retail Site | Fort Worth | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Fort Worth | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Sheffield | MASSACHUSETTS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 109 | |||
Initial Costs to Company, Buildings and Improvements | 1,687 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 6 | |||
Gross Amount at Which Carried at Close of Period, Land | 109 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,693 | |||
Total | 1,802 | |||
Accumulated Depreciation | $ 153 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Site | Sheffield | MASSACHUSETTS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Sheffield | MASSACHUSETTS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Manitowoc | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 293 | |||
Initial Costs to Company, Buildings and Improvements | 2,926 | |||
Gross Amount at Which Carried at Close of Period, Land | 293 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,926 | |||
Total | 3,219 | |||
Accumulated Depreciation | $ 312 | |||
Date of Construction | 1993 | |||
Date Acquired | 2017 | |||
Retail Site | Manitowoc | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Manitowoc | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Wichita | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 488 | |||
Initial Costs to Company, Buildings and Improvements | 2,135 | |||
Gross Amount at Which Carried at Close of Period, Land | 488 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,135 | |||
Total | 2,623 | |||
Accumulated Depreciation | $ 473 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Retail Site | Wichita | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Wichita | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Alcoa | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 751 | |||
Initial Costs to Company, Buildings and Improvements | 1,829 | |||
Gross Amount at Which Carried at Close of Period, Land | 751 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,829 | |||
Total | 2,580 | |||
Accumulated Depreciation | $ 470 | |||
Date of Construction | 1993 | |||
Date Acquired | 2017 | |||
Retail Site | Alcoa | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Alcoa | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Louisville | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 370 | |||
Initial Costs to Company, Buildings and Improvements | 240 | |||
Gross Amount at Which Carried at Close of Period, Land | 370 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 240 | |||
Total | 610 | |||
Accumulated Depreciation | $ 42 | |||
Date of Construction | 2002 | |||
Date Acquired | 2017 | |||
Retail Site | Louisville | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Louisville | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Palmdale | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 995 | |||
Initial Costs to Company, Buildings and Improvements | 2,811 | |||
Gross Amount at Which Carried at Close of Period, Land | 995 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,811 | |||
Total | 3,806 | |||
Accumulated Depreciation | $ 795 | |||
Date of Construction | 1991 | |||
Date Acquired | 2013 | |||
Retail Site | Palmdale | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Palmdale | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Palmdale | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 670 | |||
Initial Costs to Company, Buildings and Improvements | 1,610 | |||
Gross Amount at Which Carried at Close of Period, Land | 670 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,610 | |||
Total | 2,280 | |||
Accumulated Depreciation | $ 486 | |||
Date of Construction | 2006 | |||
Date Acquired | 2013 | |||
Retail Site | Palmdale | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Palmdale | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Palmdale | CA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 987 | |||
Initial Costs to Company, Buildings and Improvements | 3,817 | |||
Gross Amount at Which Carried at Close of Period, Land | 987 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,817 | |||
Total | 4,804 | |||
Accumulated Depreciation | $ 967 | |||
Date of Construction | 1991 | |||
Date Acquired | 2013 | |||
Retail Site | Palmdale | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Palmdale | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Evansville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 244 | |||
Initial Costs to Company, Buildings and Improvements | 2,375 | |||
Gross Amount at Which Carried at Close of Period, Land | 244 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,375 | |||
Total | 2,619 | |||
Accumulated Depreciation | $ 295 | |||
Date of Construction | 1909 | |||
Date Acquired | 2016 | |||
Retail Site | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Wichita Falls | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 674 | |||
Initial Costs to Company, Buildings and Improvements | 186 | |||
Gross Amount at Which Carried at Close of Period, Land | 674 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 186 | |||
Total | 860 | |||
Accumulated Depreciation | $ 49 | |||
Date of Construction | 1995 | |||
Date Acquired | 2014 | |||
Retail Site | Wichita Falls | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Wichita Falls | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Lytle | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 97 | |||
Initial Costs to Company, Buildings and Improvements | 815 | |||
Gross Amount at Which Carried at Close of Period, Land | 97 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 815 | |||
Total | 912 | |||
Accumulated Depreciation | $ 155 | |||
Date of Construction | 2008 | |||
Date Acquired | 2015 | |||
Retail Site | Lytle | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Lytle | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | New Caney | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 37 | |||
Initial Costs to Company, Buildings and Improvements | 875 | |||
Gross Amount at Which Carried at Close of Period, Land | 37 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 875 | |||
Total | 912 | |||
Accumulated Depreciation | $ 149 | |||
Date of Construction | 1972 | |||
Date Acquired | 2015 | |||
Retail Site | New Caney | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | New Caney | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Central City | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 315 | |||
Initial Costs to Company, Buildings and Improvements | 580 | |||
Gross Amount at Which Carried at Close of Period, Land | 315 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 580 | |||
Total | 895 | |||
Accumulated Depreciation | $ 89 | |||
Date of Construction | 1978 | |||
Date Acquired | 2016 | |||
Retail Site | Central City | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Central City | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Owensboro | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 177 | |||
Initial Costs to Company, Buildings and Improvements | 615 | |||
Gross Amount at Which Carried at Close of Period, Land | 177 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 615 | |||
Total | 792 | |||
Accumulated Depreciation | $ 81 | |||
Date of Construction | 1972 | |||
Date Acquired | 2016 | |||
Retail Site | Owensboro | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Owensboro | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Newburgh | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 330 | |||
Gross Amount at Which Carried at Close of Period, Land | 330 | |||
Total | $ 330 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Retail Site | Sikeston | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 205 | |||
Initial Costs to Company, Buildings and Improvements | 2,235 | |||
Gross Amount at Which Carried at Close of Period, Land | 205 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,235 | |||
Total | 2,440 | |||
Accumulated Depreciation | $ 301 | |||
Date of Construction | 1940 | |||
Date Acquired | 2016 | |||
Retail Site | Sikeston | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Sikeston | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Marion | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 314 | |||
Initial Costs to Company, Buildings and Improvements | 2,089 | |||
Gross Amount at Which Carried at Close of Period, Land | 314 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,089 | |||
Total | 2,403 | |||
Accumulated Depreciation | $ 269 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Site | Marion | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Marion | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Marion | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 149 | |||
Initial Costs to Company, Buildings and Improvements | 1,457 | |||
Gross Amount at Which Carried at Close of Period, Land | 149 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,457 | |||
Total | 1,606 | |||
Accumulated Depreciation | $ 140 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Retail Site | Marion | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Marion | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Kennett | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 191 | |||
Initial Costs to Company, Buildings and Improvements | 1,198 | |||
Gross Amount at Which Carried at Close of Period, Land | 191 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,198 | |||
Total | 1,389 | |||
Accumulated Depreciation | $ 156 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Site | Kennett | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Kennett | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Poplar Bluff | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 149 | |||
Initial Costs to Company, Buildings and Improvements | 1,794 | |||
Gross Amount at Which Carried at Close of Period, Land | 149 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,794 | |||
Total | 1,943 | |||
Accumulated Depreciation | $ 243 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Site | Poplar Bluff | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Poplar Bluff | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Cape Girardeau | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 76 | |||
Initial Costs to Company, Buildings and Improvements | 542 | |||
Gross Amount at Which Carried at Close of Period, Land | 76 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 542 | |||
Total | 618 | |||
Accumulated Depreciation | $ 81 | |||
Date of Construction | 1988 | |||
Date Acquired | 2016 | |||
Retail Site | Cape Girardeau | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Cape Girardeau | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Scott City | MO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 260 | |||
Initial Costs to Company, Buildings and Improvements | 3,052 | |||
Gross Amount at Which Carried at Close of Period, Land | 260 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,052 | |||
Total | 3,312 | |||
Accumulated Depreciation | $ 396 | |||
Date of Construction | 1978 | |||
Date Acquired | 2016 | |||
Retail Site | Scott City | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Scott City | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Sterling | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 17,498 | |||
Initial Costs to Company, Land | 24,395 | |||
Gross Amount at Which Carried at Close of Period, Land | 24,395 | |||
Total | $ 24,395 | |||
Date of Construction | 2004 | |||
Date Acquired | 2016 | |||
Retail Site | Blytheville | AR | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 413 | |||
Initial Costs to Company, Buildings and Improvements | 3,405 | |||
Gross Amount at Which Carried at Close of Period, Land | 413 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,405 | |||
Total | 3,818 | |||
Accumulated Depreciation | $ 471 | |||
Date of Construction | 1966 | |||
Date Acquired | 2016 | |||
Retail Site | Blytheville | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Blytheville | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Harrisburg | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 131 | |||
Initial Costs to Company, Buildings and Improvements | 839 | |||
Gross Amount at Which Carried at Close of Period, Land | 131 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 839 | |||
Total | 970 | |||
Accumulated Depreciation | $ 104 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Site | Harrisburg | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Harrisburg | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Traverse City | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 106 | |||
Initial Costs to Company, Buildings and Improvements | 8,468 | |||
Gross Amount at Which Carried at Close of Period, Land | 106 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,468 | |||
Total | 8,574 | |||
Accumulated Depreciation | $ 905 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Retail Site | Traverse City | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Traverse City | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Clarksville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,091 | |||
Initial Costs to Company, Buildings and Improvements | 3,890 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,091 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,890 | |||
Total | 4,981 | |||
Accumulated Depreciation | $ 545 | |||
Date of Construction | 1961 | |||
Date Acquired | 2016 | |||
Retail Site | Clarksville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Clarksville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Owensboro | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 499 | |||
Initial Costs to Company, Buildings and Improvements | 734 | |||
Gross Amount at Which Carried at Close of Period, Land | 499 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 734 | |||
Total | 1,233 | |||
Accumulated Depreciation | $ 104 | |||
Date of Construction | 1976 | |||
Date Acquired | 2016 | |||
Retail Site | Owensboro | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Owensboro | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Grandville | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 184 | |||
Initial Costs to Company, Buildings and Improvements | 2,372 | |||
Gross Amount at Which Carried at Close of Period, Land | 184 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,372 | |||
Total | $ 2,556 | |||
Date of Construction | 2002 | |||
Date Acquired | 2017 | |||
Retail Site | Grandville | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Grandville | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Evansville | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 203 | |||
Initial Costs to Company, Buildings and Improvements | 369 | |||
Gross Amount at Which Carried at Close of Period, Land | 203 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 369 | |||
Total | 572 | |||
Accumulated Depreciation | $ 73 | |||
Date of Construction | 2001 | |||
Date Acquired | 2016 | |||
Retail Site | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Grand Rapids | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 68 | |||
Initial Costs to Company, Buildings and Improvements | 1,038 | |||
Gross Amount at Which Carried at Close of Period, Land | 68 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,038 | |||
Total | 1,106 | |||
Accumulated Depreciation | $ 118 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Grand Rapids | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Grand Rapids | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Haubstadt | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 379 | |||
Initial Costs to Company, Buildings and Improvements | 1,349 | |||
Gross Amount at Which Carried at Close of Period, Land | 379 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,349 | |||
Total | 1,728 | |||
Accumulated Depreciation | $ 207 | |||
Date of Construction | 2005 | |||
Date Acquired | 2016 | |||
Retail Site | Haubstadt | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Haubstadt | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | San Antonio | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 300 | |||
Initial Costs to Company, Buildings and Improvements | 1,277 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 300 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,278 | |||
Total | 1,578 | |||
Accumulated Depreciation | $ 140 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Retail Site | San Antonio | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | San Antonio | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Otterbein | INDIANA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 177 | |||
Initial Costs to Company, Buildings and Improvements | 1,385 | |||
Gross Amount at Which Carried at Close of Period, Land | 177 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,385 | |||
Total | 1,562 | |||
Accumulated Depreciation | $ 224 | |||
Date of Construction | 1978 | |||
Date Acquired | 2016 | |||
Retail Site | Otterbein | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Otterbein | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Selma | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 269 | |||
Initial Costs to Company, Buildings and Improvements | 805 | |||
Gross Amount at Which Carried at Close of Period, Land | 269 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 805 | |||
Total | 1,074 | |||
Accumulated Depreciation | $ 119 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Retail Site | Selma | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Selma | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Ithaca | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 739 | |||
Initial Costs to Company, Buildings and Improvements | 2,669 | |||
Gross Amount at Which Carried at Close of Period, Land | 739 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,669 | |||
Total | 3,408 | |||
Accumulated Depreciation | $ 389 | |||
Date of Construction | 2015 | |||
Date Acquired | 2016 | |||
Retail Site | Ithaca | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Ithaca | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Linwood | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 206 | |||
Initial Costs to Company, Buildings and Improvements | 475 | |||
Gross Amount at Which Carried at Close of Period, Land | 206 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 475 | |||
Total | 681 | |||
Accumulated Depreciation | $ 97 | |||
Date of Construction | 1997 | |||
Date Acquired | 2017 | |||
Retail Site | Linwood | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Linwood | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Gillette | WYOMING | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 366 | |||
Initial Costs to Company, Buildings and Improvements | 3,447 | |||
Gross Amount at Which Carried at Close of Period, Land | 366 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,447 | |||
Total | 3,813 | |||
Accumulated Depreciation | $ 475 | |||
Date of Construction | 2014 | |||
Date Acquired | 2016 | |||
Retail Site | Gillette | WYOMING | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Gillette | WYOMING | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Vinton | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 469 | |||
Initial Costs to Company, Buildings and Improvements | 384 | |||
Gross Amount at Which Carried at Close of Period, Land | 469 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 384 | |||
Total | 853 | |||
Accumulated Depreciation | $ 74 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Retail Site | Vinton | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Vinton | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Lansing | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 88 | |||
Initial Costs to Company, Buildings and Improvements | 13,919 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 3 | |||
Gross Amount at Which Carried at Close of Period, Land | 88 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,922 | |||
Total | 14,010 | |||
Accumulated Depreciation | $ 1,478 | |||
Date of Construction | 1999 | |||
Date Acquired | 2017 | |||
Retail Site | Lansing | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Lansing | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Flint | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 83 | |||
Initial Costs to Company, Buildings and Improvements | 7,987 | |||
Gross Amount at Which Carried at Close of Period, Land | 83 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,987 | |||
Total | 8,070 | |||
Accumulated Depreciation | $ 852 | |||
Date of Construction | 1977 | |||
Date Acquired | 2017 | |||
Retail Site | Flint | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Flint | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Dunn | NC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 199 | |||
Initial Costs to Company, Buildings and Improvements | 659 | |||
Gross Amount at Which Carried at Close of Period, Land | 199 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 659 | |||
Total | 858 | |||
Accumulated Depreciation | $ 87 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Retail Site | Dunn | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Dunn | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | San Marcos | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 486 | |||
Initial Costs to Company, Buildings and Improvements | 776 | |||
Gross Amount at Which Carried at Close of Period, Land | 486 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 776 | |||
Total | 1,262 | |||
Accumulated Depreciation | $ 122 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Retail Site | San Marcos | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | San Marcos | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Chesterfield | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 753 | |||
Initial Costs to Company, Buildings and Improvements | 9,716 | |||
Gross Amount at Which Carried at Close of Period, Land | 753 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 9,716 | |||
Total | 10,469 | |||
Accumulated Depreciation | $ 1,073 | |||
Date of Construction | 2003 | |||
Date Acquired | 2017 | |||
Retail Site | Chesterfield | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Chesterfield | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Sheboygan | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 266 | |||
Initial Costs to Company, Buildings and Improvements | 2,787 | |||
Gross Amount at Which Carried at Close of Period, Land | 266 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,787 | |||
Total | 3,053 | |||
Accumulated Depreciation | $ 311 | |||
Date of Construction | 2002 | |||
Date Acquired | 2017 | |||
Retail Site | Sheboygan | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Sheboygan | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Fond Du Lac | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 120 | |||
Initial Costs to Company, Buildings and Improvements | 658 | |||
Gross Amount at Which Carried at Close of Period, Land | 120 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 658 | |||
Total | 778 | |||
Accumulated Depreciation | $ 80 | |||
Date of Construction | 2006 | |||
Date Acquired | 2017 | |||
Retail Site | Fond Du Lac | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Fond Du Lac | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Boynton Beach | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 960 | |||
Initial Costs to Company, Buildings and Improvements | 2,803 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 10 | |||
Gross Amount at Which Carried at Close of Period, Land | 960 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,813 | |||
Total | 3,773 | |||
Accumulated Depreciation | $ 547 | |||
Date of Construction | 2007 | |||
Date Acquired | 2017 | |||
Retail Site | Boynton Beach | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Boynton Beach | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Jacksonville | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 319 | |||
Initial Costs to Company, Buildings and Improvements | 2,191 | |||
Gross Amount at Which Carried at Close of Period, Land | 319 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,191 | |||
Total | 2,510 | |||
Accumulated Depreciation | $ 361 | |||
Date of Construction | 1999 | |||
Date Acquired | 2017 | |||
Retail Site | Jacksonville | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Jacksonville | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Miami Gardens | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 803 | |||
Initial Costs to Company, Buildings and Improvements | 2,181 | |||
Gross Amount at Which Carried at Close of Period, Land | 803 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,181 | |||
Total | 2,984 | |||
Accumulated Depreciation | $ 497 | |||
Date of Construction | 2009 | |||
Date Acquired | 2017 | |||
Retail Site | Miami Gardens | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Miami Gardens | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Orange Park | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 365 | |||
Initial Costs to Company, Buildings and Improvements | 2,471 | |||
Gross Amount at Which Carried at Close of Period, Land | 365 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,471 | |||
Total | 2,836 | |||
Accumulated Depreciation | $ 670 | |||
Date of Construction | 2006 | |||
Date Acquired | 2017 | |||
Retail Site | Orange Park | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Orange Park | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Milton | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 505 | |||
Initial Costs to Company, Buildings and Improvements | 1,994 | |||
Gross Amount at Which Carried at Close of Period, Land | 505 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,994 | |||
Total | 2,499 | |||
Accumulated Depreciation | $ 478 | |||
Date of Construction | 2005 | |||
Date Acquired | 2017 | |||
Retail Site | Milton | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Milton | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Wurtsboro | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 83 | |||
Initial Costs to Company, Buildings and Improvements | 1,640 | |||
Gross Amount at Which Carried at Close of Period, Land | 83 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,640 | |||
Total | 1,723 | |||
Accumulated Depreciation | $ 177 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Wurtsboro | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Wurtsboro | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Ellenburg Center | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 133 | |||
Initial Costs to Company, Buildings and Improvements | 1,595 | |||
Gross Amount at Which Carried at Close of Period, Land | 133 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,595 | |||
Total | 1,728 | |||
Accumulated Depreciation | $ 165 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Ellenburg Center | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Ellenburg Center | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Wichita1 | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 233 | |||
Initial Costs to Company, Buildings and Improvements | 2,443 | |||
Gross Amount at Which Carried at Close of Period, Land | 233 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,443 | |||
Total | 2,676 | |||
Accumulated Depreciation | $ 311 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Retail Site | Wichita1 | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Wichita1 | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Oswego | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 124 | |||
Initial Costs to Company, Buildings and Improvements | 1,636 | |||
Gross Amount at Which Carried at Close of Period, Land | 124 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,636 | |||
Total | 1,760 | |||
Accumulated Depreciation | $ 165 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Site | Oswego | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Oswego | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Wichita2 | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 206 | |||
Initial Costs to Company, Buildings and Improvements | 2,262 | |||
Gross Amount at Which Carried at Close of Period, Land | 206 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,262 | |||
Total | 2,468 | |||
Accumulated Depreciation | $ 312 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Retail Site | Wichita2 | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Wichita2 | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Wichita3 | KS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 234 | |||
Initial Costs to Company, Buildings and Improvements | 1,761 | |||
Gross Amount at Which Carried at Close of Period, Land | 234 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,761 | |||
Total | 1,995 | |||
Accumulated Depreciation | $ 279 | |||
Date of Construction | 2008 | |||
Date Acquired | 2018 | |||
Retail Site | Wichita3 | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Wichita3 | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Dayton | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 249 | |||
Initial Costs to Company, Buildings and Improvements | 1,240 | |||
Gross Amount at Which Carried at Close of Period, Land | 249 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,240 | |||
Total | 1,489 | |||
Accumulated Depreciation | $ 125 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Retail Site | Dayton | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Dayton | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Texarkana | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 139 | |||
Initial Costs to Company, Buildings and Improvements | 3,211 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | (1) | |||
Gross Amount at Which Carried at Close of Period, Land | 139 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,210 | |||
Total | 3,349 | |||
Accumulated Depreciation | $ 378 | |||
Date of Construction | 2016 | |||
Date Acquired | 2018 | |||
Retail Site | Texarkana | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Texarkana | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | West Alexandria | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 371 | |||
Initial Costs to Company, Buildings and Improvements | 1,108 | |||
Gross Amount at Which Carried at Close of Period, Land | 371 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,108 | |||
Total | 1,479 | |||
Accumulated Depreciation | $ 107 | |||
Date of Construction | 2011 | |||
Date Acquired | 2017 | |||
Retail Site | West Alexandria | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | West Alexandria | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Pace | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 215 | |||
Initial Costs to Company, Buildings and Improvements | 2,955 | |||
Gross Amount at Which Carried at Close of Period, Land | 215 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,955 | |||
Total | 3,170 | |||
Accumulated Depreciation | $ 395 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Retail Site | Pace | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Site | Pace | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Hoosick Falls | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 78 | |||
Initial Costs to Company, Buildings and Improvements | 1,612 | |||
Gross Amount at Which Carried at Close of Period, Land | 78 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,612 | |||
Total | 1,690 | |||
Accumulated Depreciation | $ 176 | |||
Date of Construction | 2012 | |||
Date Acquired | 2017 | |||
Retail Site | Hoosick Falls | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Hoosick Falls | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Cedar Hill | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 501 | |||
Initial Costs to Company, Buildings and Improvements | 1,842 | |||
Gross Amount at Which Carried at Close of Period, Land | 501 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,842 | |||
Total | 2,343 | |||
Accumulated Depreciation | $ 165 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Site | Cedar Hill | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Cedar Hill | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Hadley | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 100 | |||
Initial Costs to Company, Buildings and Improvements | 1,586 | |||
Gross Amount at Which Carried at Close of Period, Land | 100 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,586 | |||
Total | 1,686 | |||
Accumulated Depreciation | $ 180 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Hadley | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Hadley | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Bear | Delaware | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 398 | |||
Initial Costs to Company, Buildings and Improvements | 2,164 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 6 | |||
Gross Amount at Which Carried at Close of Period, Land | 398 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,170 | |||
Total | 2,568 | |||
Accumulated Depreciation | $ 200 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Retail Site | Bear | Delaware | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Bear | Delaware | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Cairo | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 106 | |||
Initial Costs to Company, Buildings and Improvements | 1,609 | |||
Gross Amount at Which Carried at Close of Period, Land | 106 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,609 | |||
Total | 1,715 | |||
Accumulated Depreciation | $ 161 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Cairo | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Cairo | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Smyrna | Delaware | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,366 | |||
Initial Costs to Company, Buildings and Improvements | 2,708 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,366 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,708 | |||
Total | 4,074 | |||
Accumulated Depreciation | $ 314 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Retail Site | Smyrna | Delaware | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Smyrna | Delaware | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Bridgewater | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 241 | |||
Initial Costs to Company, Buildings and Improvements | 1,482 | |||
Gross Amount at Which Carried at Close of Period, Land | 241 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,482 | |||
Total | 1,723 | |||
Accumulated Depreciation | $ 164 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Bridgewater | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Bridgewater | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | North Fort Myers | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,011 | |||
Initial Costs to Company, Buildings and Improvements | 3,353 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 6 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,011 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,359 | |||
Total | 4,370 | |||
Accumulated Depreciation | $ 386 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Site | North Fort Myers | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | North Fort Myers | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Valatie | NY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 102 | |||
Initial Costs to Company, Buildings and Improvements | 1,720 | |||
Gross Amount at Which Carried at Close of Period, Land | 102 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,720 | |||
Total | 1,822 | |||
Accumulated Depreciation | $ 173 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Site | Valatie | NY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Valatie | NY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Downers Grove | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 757 | |||
Initial Costs to Company, Buildings and Improvements | 6,454 | |||
Gross Amount at Which Carried at Close of Period, Land | 757 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,454 | |||
Total | 7,211 | |||
Accumulated Depreciation | $ 48 | |||
Date of Construction | 1974 | |||
Date Acquired | 2018 | |||
Retail Site | Downers Grove | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Downers Grove | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Benzonia | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 89 | |||
Initial Costs to Company, Buildings and Improvements | 3,009 | |||
Gross Amount at Which Carried at Close of Period, Land | 89 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,009 | |||
Total | 3,098 | |||
Accumulated Depreciation | $ 230 | |||
Date of Construction | 2014 | |||
Date Acquired | 2018 | |||
Retail Site | Benzonia | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Benzonia | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Flushing | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 201 | |||
Initial Costs to Company, Buildings and Improvements | 2,863 | |||
Gross Amount at Which Carried at Close of Period, Land | 201 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,863 | |||
Total | 3,064 | |||
Accumulated Depreciation | $ 225 | |||
Date of Construction | 2014 | |||
Date Acquired | 2018 | |||
Retail Site | Flushing | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Flushing | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Anderson | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 312 | |||
Initial Costs to Company, Buildings and Improvements | 4,113 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 3 | |||
Gross Amount at Which Carried at Close of Period, Land | 312 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,116 | |||
Total | 4,428 | |||
Accumulated Depreciation | $ 271 | |||
Date of Construction | 2008 | |||
Date Acquired | 2018 | |||
Retail Site | Anderson | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Anderson | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Elizabethton | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 270 | |||
Initial Costs to Company, Buildings and Improvements | 4,077 | |||
Gross Amount at Which Carried at Close of Period, Land | 270 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,077 | |||
Total | 4,347 | |||
Accumulated Depreciation | $ 258 | |||
Date of Construction | 2005 | |||
Date Acquired | 2018 | |||
Retail Site | Elizabethton | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Elizabethton | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Greeneville | TN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 117 | |||
Initial Costs to Company, Buildings and Improvements | 4,122 | |||
Gross Amount at Which Carried at Close of Period, Land | 117 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,122 | |||
Total | 4,239 | |||
Accumulated Depreciation | $ 263 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Retail Site | Greeneville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Greeneville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Lexington | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 348 | |||
Initial Costs to Company, Buildings and Improvements | 714 | |||
Gross Amount at Which Carried at Close of Period, Land | 348 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 714 | |||
Total | 1,062 | |||
Accumulated Depreciation | $ 55 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Retail Site | Lexington | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Lexington | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Orangeburg | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 238 | |||
Initial Costs to Company, Buildings and Improvements | 3,323 | |||
Gross Amount at Which Carried at Close of Period, Land | 238 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,323 | |||
Total | 3,561 | |||
Accumulated Depreciation | $ 242 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Retail Site | Orangeburg | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Orangeburg | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | West Columbia | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 296 | |||
Initial Costs to Company, Buildings and Improvements | 1,140 | |||
Gross Amount at Which Carried at Close of Period, Land | 296 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,140 | |||
Total | 1,436 | |||
Accumulated Depreciation | $ 80 | |||
Date of Construction | 2016 | |||
Date Acquired | 2018 | |||
Retail Site | West Columbia | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | West Columbia | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Big Spring | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 465 | |||
Initial Costs to Company, Buildings and Improvements | 2,363 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 465 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,364 | |||
Total | 2,829 | |||
Accumulated Depreciation | $ 142 | |||
Date of Construction | 2008 | |||
Date Acquired | 2018 | |||
Retail Site | Big Spring | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Big Spring | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Cuero | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 472 | |||
Initial Costs to Company, Buildings and Improvements | 2,285 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 472 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,286 | |||
Total | 2,758 | |||
Accumulated Depreciation | $ 148 | |||
Date of Construction | 2010 | |||
Date Acquired | 2018 | |||
Retail Site | Cuero | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Cuero | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Rushford | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 137 | |||
Initial Costs to Company, Buildings and Improvements | 850 | |||
Gross Amount at Which Carried at Close of Period, Land | 137 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 850 | |||
Total | 987 | |||
Accumulated Depreciation | $ 47 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Rushford | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Rushford | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Berry | AL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 120 | |||
Initial Costs to Company, Buildings and Improvements | 864 | |||
Gross Amount at Which Carried at Close of Period, Land | 120 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 864 | |||
Total | 984 | |||
Accumulated Depreciation | $ 44 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Berry | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Berry | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Lorain | OH | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 120 | |||
Initial Costs to Company, Buildings and Improvements | 1,311 | |||
Gross Amount at Which Carried at Close of Period, Land | 120 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,311 | |||
Total | 1,431 | |||
Accumulated Depreciation | $ 68 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Lorain | OH | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Lorain | OH | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Jacksonville2 | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 116 | |||
Initial Costs to Company, Buildings and Improvements | 1,132 | |||
Gross Amount at Which Carried at Close of Period, Land | 116 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,132 | |||
Total | 1,248 | |||
Accumulated Depreciation | $ 58 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Jacksonville2 | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Jacksonville2 | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Bagley | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 123 | |||
Initial Costs to Company, Buildings and Improvements | 1,135 | |||
Gross Amount at Which Carried at Close of Period, Land | 123 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,135 | |||
Total | 1,258 | |||
Accumulated Depreciation | $ 61 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Bagley | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Bagley | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Albany | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 168 | |||
Initial Costs to Company, Buildings and Improvements | 1,067 | |||
Gross Amount at Which Carried at Close of Period, Land | 168 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,067 | |||
Total | 1,235 | |||
Accumulated Depreciation | $ 55 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Albany | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Albany | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Greenwood | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 116 | |||
Initial Costs to Company, Buildings and Improvements | 1,048 | |||
Gross Amount at Which Carried at Close of Period, Land | 116 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,048 | |||
Total | 1,164 | |||
Accumulated Depreciation | $ 52 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Retail Site | Greenwood | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Greenwood | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Rex | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 330 | |||
Initial Costs to Company, Buildings and Improvements | 1,328 | |||
Gross Amount at Which Carried at Close of Period, Land | 330 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,328 | |||
Total | 1,658 | |||
Accumulated Depreciation | $ 71 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Rex | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Rex | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Cass Lake | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 175 | |||
Initial Costs to Company, Buildings and Improvements | 1,218 | |||
Gross Amount at Which Carried at Close of Period, Land | 175 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,218 | |||
Total | 1,393 | |||
Accumulated Depreciation | $ 65 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Retail Site | Cass Lake | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Cass Lake | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | North Charleston | SC | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 215 | |||
Initial Costs to Company, Buildings and Improvements | 1,259 | |||
Gross Amount at Which Carried at Close of Period, Land | 215 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,259 | |||
Total | 1,474 | |||
Accumulated Depreciation | $ 63 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | North Charleston | SC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | North Charleston | SC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Wild Rose | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 126 | |||
Initial Costs to Company, Buildings and Improvements | 852 | |||
Gross Amount at Which Carried at Close of Period, Land | 126 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 852 | |||
Total | 978 | |||
Accumulated Depreciation | $ 45 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Retail Site | Wild Rose | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Wild Rose | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Apple Springs | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 99 | |||
Initial Costs to Company, Buildings and Improvements | 838 | |||
Gross Amount at Which Carried at Close of Period, Land | 99 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 838 | |||
Total | 937 | |||
Accumulated Depreciation | $ 44 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Apple Springs | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Apple Springs | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Comanche | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 189 | |||
Initial Costs to Company, Buildings and Improvements | 1,207 | |||
Gross Amount at Which Carried at Close of Period, Land | 189 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,207 | |||
Total | 1,396 | |||
Accumulated Depreciation | $ 64 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Comanche | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Comanche | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Dawson | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 81 | |||
Initial Costs to Company, Buildings and Improvements | 824 | |||
Gross Amount at Which Carried at Close of Period, Land | 81 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 824 | |||
Total | 905 | |||
Accumulated Depreciation | $ 43 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Dawson | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Dawson | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Levelland | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 147 | |||
Initial Costs to Company, Buildings and Improvements | 1,111 | |||
Gross Amount at Which Carried at Close of Period, Land | 147 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,111 | |||
Total | 1,258 | |||
Accumulated Depreciation | $ 60 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Levelland | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Levelland | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | San Antonio1 | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 215 | |||
Initial Costs to Company, Buildings and Improvements | 1,178 | |||
Gross Amount at Which Carried at Close of Period, Land | 215 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,178 | |||
Total | 1,393 | |||
Accumulated Depreciation | $ 61 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | San Antonio1 | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | San Antonio1 | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Saginaw | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 137 | |||
Initial Costs to Company, Buildings and Improvements | 1,211 | |||
Gross Amount at Which Carried at Close of Period, Land | 137 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,211 | |||
Total | 1,348 | |||
Accumulated Depreciation | $ 65 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Saginaw | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Saginaw | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Monroe | UT | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 141 | |||
Initial Costs to Company, Buildings and Improvements | 1,132 | |||
Gross Amount at Which Carried at Close of Period, Land | 141 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,132 | |||
Total | 1,273 | |||
Accumulated Depreciation | $ 60 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Monroe | UT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Monroe | UT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Des Moines | IOWA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 186 | |||
Initial Costs to Company, Buildings and Improvements | 1,321 | |||
Gross Amount at Which Carried at Close of Period, Land | 186 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,321 | |||
Total | 1,507 | |||
Accumulated Depreciation | $ 69 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Des Moines | IOWA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Des Moines | IOWA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Broadway | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 212 | |||
Initial Costs to Company, Buildings and Improvements | 1,203 | |||
Gross Amount at Which Carried at Close of Period, Land | 212 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,203 | |||
Total | 1,415 | |||
Accumulated Depreciation | $ 62 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Broadway | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Broadway | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Georgetown | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 279 | |||
Initial Costs to Company, Buildings and Improvements | 1,382 | |||
Gross Amount at Which Carried at Close of Period, Land | 279 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,382 | |||
Total | 1,661 | |||
Accumulated Depreciation | $ 73 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Georgetown | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Georgetown | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Tyler | TX | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 462 | |||
Initial Costs to Company, Buildings and Improvements | 6,242 | |||
Gross Amount at Which Carried at Close of Period, Land | 462 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,242 | |||
Total | 6,704 | |||
Accumulated Depreciation | $ 216 | |||
Date of Construction | 2006 / 2016 | |||
Date Acquired | 2019 | |||
Retail Site | Tyler | TX | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Tyler | TX | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Tyler | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 81 | |||
Initial Costs to Company, Buildings and Improvements | 905 | |||
Gross Amount at Which Carried at Close of Period, Land | 81 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 905 | |||
Total | 986 | |||
Accumulated Depreciation | $ 46 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Tyler | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Tyler | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Davenport | IOWA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 104 | |||
Initial Costs to Company, Buildings and Improvements | 1,074 | |||
Gross Amount at Which Carried at Close of Period, Land | 104 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,074 | |||
Total | 1,178 | |||
Accumulated Depreciation | $ 55 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Davenport | IOWA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Davenport | IOWA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Preston | MIN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 182 | |||
Initial Costs to Company, Buildings and Improvements | 1,239 | |||
Gross Amount at Which Carried at Close of Period, Land | 182 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,239 | |||
Total | 1,421 | |||
Accumulated Depreciation | $ 64 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Preston | MIN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Preston | MIN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Grand Ledge | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 307 | |||
Initial Costs to Company, Buildings and Improvements | 2,794 | |||
Gross Amount at Which Carried at Close of Period, Land | 307 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,794 | |||
Total | 3,101 | |||
Accumulated Depreciation | $ 126 | |||
Date of Construction | 2002 | |||
Date Acquired | 2019 | |||
Retail Site | Grand Ledge | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Grand Ledge | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Lansing | MI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 140 | |||
Initial Costs to Company, Buildings and Improvements | 2,836 | |||
Gross Amount at Which Carried at Close of Period, Land | 140 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,836 | |||
Total | 2,976 | |||
Accumulated Depreciation | $ 127 | |||
Date of Construction | 2011 | |||
Date Acquired | 2019 | |||
Retail Site | Lansing | MI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Lansing | MI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Williamsburg | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 214 | |||
Initial Costs to Company, Buildings and Improvements | 2,880 | |||
Gross Amount at Which Carried at Close of Period, Land | 214 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,880 | |||
Total | 3,094 | |||
Accumulated Depreciation | $ 136 | |||
Date of Construction | 2011 | |||
Date Acquired | 2019 | |||
Retail Site | Williamsburg | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Williamsburg | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Buckeye | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 444 | |||
Initial Costs to Company, Buildings and Improvements | 3,478 | |||
Gross Amount at Which Carried at Close of Period, Land | 444 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,478 | |||
Total | 3,922 | |||
Accumulated Depreciation | $ 125 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Buckeye | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Buckeye | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Tucson | ARIZONA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 802 | |||
Initial Costs to Company, Buildings and Improvements | 3,496 | |||
Gross Amount at Which Carried at Close of Period, Land | 802 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,496 | |||
Total | 4,298 | |||
Accumulated Depreciation | $ 111 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Site | Tucson | ARIZONA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Tucson | ARIZONA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Laurel | MS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 272 | |||
Initial Costs to Company, Buildings and Improvements | 2,938 | |||
Gross Amount at Which Carried at Close of Period, Land | 272 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,938 | |||
Total | 3,210 | |||
Accumulated Depreciation | $ 107 | |||
Date of Construction | 2012 | |||
Date Acquired | 2019 | |||
Retail Site | Laurel | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Laurel | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Edgewood | NM | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 575 | |||
Initial Costs to Company, Buildings and Improvements | 3,021 | |||
Gross Amount at Which Carried at Close of Period, Land | 575 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,021 | |||
Total | 3,596 | |||
Accumulated Depreciation | $ 100 | |||
Date of Construction | 2012 | |||
Date Acquired | 2019 | |||
Retail Site | Edgewood | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Edgewood | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Southaven | MS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,138 | |||
Initial Costs to Company, Buildings and Improvements | 3,053 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,138 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,053 | |||
Total | 5,191 | |||
Accumulated Depreciation | $ 4 | |||
Date of Construction | 2005 / 2011 | |||
Date Acquired | 2020 | |||
Retail Site | Southaven | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Site | Southaven | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Site | Acquisitions in Progress | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Buildings and Improvements | $ 26 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 26 | |||
Total | $ 26 |
Schedule III - Real Estate As_3
Schedule III - Real Estate Assets and Accumulated Depreciation (Parenthetical) (Detail) $ in Thousands | Dec. 31, 2020USD ($) |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |
Aggregate cost of real estate owned | $ 3,900,000 |
Schedule III - Change in Real E
Schedule III - Change in Real Estate Assets (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |||
Balance, beginning of period | $ 3,686,444 | $ 2,848,735 | $ 2,334,524 |
Acquisitions and building improvements | 108,868 | 984,760 | 568,036 |
Dispositions | (69,941) | (143,688) | (51,950) |
Impairment | (20,883) | (3,363) | (1,875) |
Balance, end of period | $ 3,704,488 | $ 3,686,444 | $ 2,848,735 |
Schedule III - Change in Accumu
Schedule III - Change in Accumulated Depreciation (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |||
Balance, beginning of period | $ 271,044 | $ 206,989 | $ 148,383 |
Acquisitions and building improvements | 93,741 | 83,797 | 66,156 |
Dispositions | (12,369) | (19,317) | (7,376) |
Impairment | (2,439) | (425) | (174) |
Balance, end of period | $ 349,977 | $ 271,044 | $ 206,989 |