Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2019 | Feb. 27, 2020 | Jun. 30, 2019 | |
Cover [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2019 | ||
Document Fiscal Year Focus | 2019 | ||
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 | $ 1,997,344,931 | ||
Entity Common Stock, Shares Outstanding | 26,852,774.932 | ||
Entity File Number | 000-55774 | ||
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 | ||
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 2020 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. |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Assets | ||
Accounted for using the operating method, net of accumulated depreciation | $ 3,415,400 | $ 2,641,746 |
Accounted for using the direct financing method | 41,890 | 42,000 |
Investment in rental property, net | 3,457,290 | 2,683,746 |
Cash and cash equivalents | 12,455 | 18,612 |
Accrued rental income | 84,534 | 69,247 |
Tenant and other receivables, net | 934 | 1,026 |
Prepaid expenses and other assets | 12,613 | 4,316 |
Interest rate swap, assets | 2,911 | 17,633 |
Intangible lease assets, net | 331,894 | 286,258 |
Debt issuance costs – unsecured revolving credit facility, net | 2,380 | 2,261 |
Leasing fees, net | 12,847 | 13,698 |
Total assets | 3,917,858 | 3,096,797 |
Liabilities and equity | ||
Unsecured revolving credit facility | 197,300 | 141,100 |
Mortgages and notes payable, net | 111,793 | 78,952 |
Unsecured term notes, net | 1,672,081 | 1,225,773 |
Interest rate swap, liabilities | 24,471 | 1,820 |
Accounts payable and other liabilities | 37,377 | 24,394 |
Due to related parties | 114 | |
Accrued interest payable | 3,594 | 9,777 |
Intangible lease liabilities, net | 92,222 | 85,947 |
Total liabilities | 2,138,838 | 1,567,877 |
Commitments and contingencies (See Note 18) | ||
Broadstone Net Lease, Inc. stockholders’ equity: | ||
Preferred stock, $0.001 par value; 20,000 shares authorized, no shares issued or outstanding | ||
Common stock, $0.001 par value; 80,000 shares authorized, 26,001 and 22,014 shares issued and outstanding at December 31, 2019 and 2018, respectively | 26 | 22 |
Additional paid-in capital | 1,895,935 | 1,557,421 |
Cumulative distributions in excess of retained earnings | (208,261) | (155,150) |
Accumulated other comprehensive (loss) income | (20,086) | 14,806 |
Total Broadstone Net Lease, Inc. stockholders’ equity | 1,667,614 | 1,417,099 |
Non-controlling interests | 111,406 | 111,821 |
Total equity | 1,779,020 | 1,528,920 |
Total liabilities and equity | $ 3,917,858 | $ 3,096,797 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2019 | Dec. 31, 2018 |
Statement Of Financial Position [Abstract] | ||
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 | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 80,000,000 | 80,000,000 |
Common stock, shares issued | 26,001,000 | 22,014,000 |
Common stock, shares outstanding | 26,001,000 | 22,014,000 |
Consolidated Statements of Inco
Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Revenues | |||
Lease revenues | $ 298,815 | $ 237,479 | $ 181,563 |
Operating expenses | |||
Depreciation and amortization | 108,818 | 83,994 | 62,263 |
Property and operating expense | 15,990 | 11,157 | 6,505 |
General and administrative | 5,456 | 6,162 | 4,939 |
Provision for impairment of investment in rental properties | 3,452 | 2,061 | 2,608 |
Total operating expenses | 163,835 | 128,076 | 96,057 |
Other income (expenses) | |||
Preferred distribution income | 440 | 737 | |
Interest income | 9 | 179 | 467 |
Interest expense | (72,534) | (52,855) | (34,751) |
Cost of debt extinguishment | (1,176) | (101) | (5,151) |
Gain on sale of real estate | 29,914 | 10,496 | 12,992 |
Income taxes | (2,415) | (857) | (624) |
Gain on sale of investment in related party | 8,500 | ||
Internalization expenses | (3,658) | ||
Other (losses) gains | (6) | (100) | 379 |
Net income | 85,114 | 75,105 | 59,555 |
Net income attributable to non-controlling interests | (5,720) | (5,730) | (4,756) |
Net income attributable to Broadstone Net Lease, Inc. | $ 79,394 | $ 69,375 | $ 54,799 |
Weighted average number of common shares outstanding | |||
Basic | 23,979 | 20,242 | 17,084 |
Diluted | 25,716 | 21,910 | 18,567 |
Net earnings per common share | |||
Basic and diluted | $ 3.31 | $ 3.43 | $ 3.21 |
Comprehensive income | |||
Net income | $ 85,114 | $ 75,105 | $ 59,555 |
Other comprehensive income | |||
Change in fair value of interest rate swaps | (37,372) | 10,584 | 4,166 |
Realized gain on interest rate swaps | (205) | (84) | (873) |
Comprehensive income | 47,537 | 85,605 | 62,848 |
Comprehensive income attributable to non-controlling interests | (3,036) | (6,546) | (5,019) |
Comprehensive income attributable to Broadstone Net Lease, Inc. | 44,501 | 79,059 | 57,829 |
Asset Management Fees | |||
Operating expenses | |||
Operating expenses | 21,863 | 18,173 | 14,754 |
Property Management Fees | |||
Operating expenses | |||
Operating expenses | $ 8,256 | $ 6,529 | $ 4,988 |
Consolidated Statements of Stoc
Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands | Total | 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, 2016 | $ 998,537 | $ 15 | $ 1,009,431 | $ (9,790) | $ (89,960) | $ 2,092 | $ 86,749 |
Net income | 59,555 | 54,799 | 4,756 | ||||
Issuance of shares of common stock | 313,490 | 4 | 303,711 | 9,775 | |||
Other offering costs | (1,380) | (1,380) | |||||
Issuance of membership units | 12,913 | 12,913 | |||||
Distributions declared | (92,768) | (85,119) | (7,649) | ||||
Change in fair value of interest rate swap agreements | 4,166 | 3,834 | 332 | ||||
Realized gain (loss) on interest rate swap agreements | (873) | (804) | (69) | ||||
Conversion of OP Units to shares of common stock | 2,986 | (2,986) | |||||
Redemption of shares of common stock, value | (9,439) | (9,439) | |||||
Adjustment of non-controlling interests | (3,330) | 3,330 | |||||
Ending 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 (loss) 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 (loss) 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 |
Consolidated Statement of Stock
Consolidated Statement of Stockholders' Equity (Parenthetical) - $ / shares shares in Thousands | 1 Months Ended | 11 Months Ended | 12 Months Ended | ||||||
Jan. 31, 2019 | Jan. 31, 2018 | Jan. 31, 2017 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Issuance of membership units, number of units | 161 | ||||||||
Issuance of OP units, number of units | 194 | ||||||||
Redemption of shares of common stock, shares | 652 | 127 | 119 | ||||||
Cancellation shares of common stock, shares | 9 | ||||||||
Number of OP units exchanged | 8 | 37 | |||||||
Distribution declared per share | $ 0.43 | $ 0.415 | $ 0.410 | $ 0.440 | $ 0.430 | $ 0.415 | |||
Common Stock | |||||||||
Issuance of shares of common stock, shares | 4,639 | 3,233 | 3,833 | ||||||
Redemption of shares of common stock, shares | 417 | 127 | 119 | ||||||
Redemption of shares of common stock with a related party, shares | 235 | ||||||||
Cancellation shares of common stock, shares | 9 | ||||||||
Issuance of shares common stock upon conversion of OP units | 8 | 37 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Operating activities | |||
Net income | $ 85,114 | $ 75,105 | $ 59,555 |
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 | 105,408 | 83,690 | 62,759 |
Provision for impairment of investment in rental properties | 3,452 | 2,061 | 2,608 |
Amortization of debt issuance costs charged to interest expense | 2,542 | 1,776 | 1,893 |
Straight-line rent and financing lease adjustments | (21,943) | (19,492) | (17,132) |
Cost of debt extinguishment | 1,176 | 101 | 5,151 |
Gain on sale of real estate | (29,914) | (10,496) | (12,992) |
Settlement of interest rate swap | 760 | (1,965) | |
Gain on sale of investment in related party | (8,500) | ||
Leasing fees paid | (1,002) | (1,399) | (3,339) |
Other non-cash items | 466 | 528 | (1,258) |
Changes in assets and liabilities: | |||
Tenant and other receivables | 92 | (876) | (542) |
Prepaid expenses and other assets | (136) | (936) | (8) |
Accounts payable and other liabilities | 8,286 | (777) | 1,501 |
Accrued interest payable | (6,183) | 6,466 | 1,709 |
Net cash provided by operating activities | 147,358 | 128,011 | 97,940 |
Investing activities | |||
Acquisition of rental property accounted for using the operating method, net of mortgages assumed | (997,015) | (575,764) | (657,286) |
Related party acquisition of rental property accounted for using the operating method, net of mortgages assumed | (7,531) | ||
Acquisition of rental property accounted for using the direct financing method | (430) | (3,546) | |
Capital expenditures and improvements | (5,051) | (5,153) | (6,782) |
Proceeds from sale of investment in related party | 18,500 | ||
Proceeds from disposition of rental property, net | 168,759 | 53,988 | 63,310 |
Change in deposits on investments in rental property | 1,600 | (1,600) | |
Net cash used in investing activities | (831,707) | (510,459) | (611,835) |
Financing activities | |||
Proceeds from issuance of common stock, net | 329,750 | 215,902 | 272,827 |
Redemptions of common stock | (34,599) | (10,204) | (9,439) |
Redemptions of common stock with a related party | (20,000) | ||
Borrowings on mortgages, notes payable and unsecured term notes, net of mortgages assumed of $49,782, $20,845 and $11,926 in 2019, 2018 and 2017, respectively | 750,000 | 415,000 | 515,000 |
Principal payments on mortgages, notes payable and unsecured term notes | (316,940) | (34,722) | (386,080) |
Borrowings on unsecured revolving credit facility | 434,100 | 343,600 | 494,000 |
Repayments on unsecured revolving credit facility | (377,900) | (475,500) | (323,000) |
Cash distributions paid to stockholders | (61,961) | (51,845) | (44,540) |
Cash distributions paid to non-controlling interests | (9,248) | (8,638) | (7,574) |
Debt issuance and extinguishment costs paid | (7,531) | (2,255) | (10,303) |
Net cash provided by financing activities | 685,671 | 391,338 | 500,891 |
Net increase (decrease) in cash and cash equivalents and restricted cash | 1,322 | 8,890 | (13,004) |
Cash and cash equivalents and restricted cash at beginning of period | 18,989 | 10,099 | 23,103 |
Cash and cash equivalents and restricted cash at end of period | 20,311 | 18,989 | 10,099 |
Reconciliation of cash and cash equivalents and restricted cash | |||
Cash and cash equivalents at beginning of period | 18,612 | 9,355 | 21,635 |
Restricted cash at beginning of period | 377 | 744 | 1,468 |
Cash and cash equivalents and restricted cash at beginning of period | 18,989 | 10,099 | 23,103 |
Cash and cash equivalents at end of period | 12,455 | 18,612 | 9,355 |
Restricted cash at end of period | 7,856 | 377 | 744 |
Cash and cash equivalents and restricted cash at end of period | $ 20,311 | $ 18,989 | $ 10,099 |
Consolidated Statements of Ca_2
Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 |
Mortgages assumed | $ 49,782 | $ 20,845 | $ 11,926 |
Rental Property Acquisition | |||
Mortgages assumed | 49,782 | 20,845 | 5,205 |
Related Party Acquisition of Rental Property | |||
Mortgages assumed | $ 0 | $ 0 | $ 6,721 |
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, 2019, the Corporation owned a diversified portfolio of 646 individual commercial properties located in 41 states throughout the continental United States and 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 acquired their interest by contributing property to the OP in exchange for OP Units. 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 following table summarizes the economic ownership interest in the OP: December 31, Percentage of shares owned by 2019 2018 2017 Corporation 93.7 % 92.7 % 92.4 % Non-controlling interests 6.3 % 7.3 % 7.6 % 100.0 % 100.0 % 100.0 % The Corporation operates under the direction of its board of directors (the “Board of Directors”), which is responsible for the management and control of the Company’s (as defined below) affairs. For all years presented in these Consolidated Financial Statements, the Corporation was externally managed and its Board of Directors had retained the Corporation’s sponsor, Broadstone Real Estate, LLC (“BRE”) and Broadstone Asset Management, LLC (the “Asset Manager”) to manage the Corporation’s day-to-day affairs, to implement the Corporation’s investment strategy, and to provide certain property management services for the Corporation’s properties, subject to the Board of Directors’ direction, oversight, and approval. 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 conducted during all periods presented and Note 19 for discussion of the Company’s internalization of management functions that occurred in February 2020. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2019 | |
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 Corporation, the OP, and its consolidated subsidiaries, all of which are wholly owned by the OP (collectively, 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, authority to make decisions, 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, as 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 investment in rental property and intangible assets acquired and liabilities assumed, the value of long-lived assets, the provision for impairment, the depreciable lives of rental property, the amortizable lives of intangible assets and liabilities, the allowance for doubtful accounts, 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 is 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 rental income 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 rental income. 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, 2019, 2018, and 2017. Long-lived Asset Impairment The Company reviews long-lived assets 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. If the Company’s strategy, or one or more of the assumptions described above were to change in the future, an impairment may need to be recognized. 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. For the years ended December 31, 2019, 2018, and 2017, the Company recorded impairment charges of $3,452, $2,061, and $2,608, respectively. Impairment indicators were identified due to concerns over tenant future viability, property vacancies, or changes to the overall investment strategy for the real estate assets. The amount of the impairment charges were based on management’s consideration of the factors detailed above. In determining the fair value of the impaired assets at September 30, 2019 and March 31, 2019, the measurement dates, and depending on the property being evaluated, the Company utilized a capitalization rate of 14.58%, a weighted average discount rate of 8.00%, and a weighted average price per square foot of $226. In determining the fair value of the impaired assets at September 30, 2018, the measurement date, and depending on the property being evaluated, the Company utilized capitalization rates ranging from 7.50% to 10.00%, and a weighted average discount rate of 8.00%. In determining the fair value of the impaired assets at September 30, 2017, the measurement date, and depending on the property being evaluated, the Company utilized capitalization rates ranging from 7.25% to 12.00%, and a weighted average discount rate of 8.00%. 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, 2019 and 2018, 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. Prior to the adoption of ASU 2017-05, the Company recognized real estate sales when all of the following criteria were met: (i) a sale was consummated, (ii) the buyer had demonstrated an adequate commitment to pay for the property, (iii) the Company’s receivable was not subject to future subordination, and (iv) the Company had transferred the risks and rewards of ownership to the buyer and did not have continuing involvement. Unless all conditions were met, recognition of all or a portion of the profit was deferred. 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, 2019, 2018, and 2017, 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 in the Consolidated Balance Sheets. Restricted cash consisted of the following: December 31, (in thousands) 2019 2018 Escrow funds and other $ 2,311 $ 377 Undistributed 1031 proceeds 5,545 — $ 7,856 $ 377 Revenue Recognition The Company commences revenue recognition on its leases based on a number of factors, including the initial determination that the contract is or contains a lease. Generally, all of the Company’s property related contracts are or contain leases, and therefore revenue is recognized when the lessee takes possession of or controls the physical use of the leased assets. In most instances this occurs on the lease commencement date. At the time of lease assumption or at the inception of a new lease, including new leases that arise from amendments, the Company assesses the terms and conditions of the lease to determine the proper lease classification. 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 CPI. Lease income associated with such provisions is considered variable lease income and therefore 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. Leases Executed on or After Adoption of ASC 842 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. 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 in accordance with ASC 842. ASC 842 requires the Company to account 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. Leases Executed Prior to Adoption of ASC 842 A lease arrangement was classified as an operating lease if none of the following criteria were met: (i) ownership transferred to the lessee prior to or shortly after the end of the lease term, (ii) the lessee had a bargain purchase option during or at the end of the lease term, (iii) the lease term was greater than or equal to 75% of the underlying property’s estimated useful life, or (iv) the present value of the future minimum lease payments (excluding executory costs) was greater than or equal to 90% of the fair value of the leased property. If one or more of these criteria were met, and the minimum lease payments were determined to be reasonably predictable and collectible, the lease arrangement was generally accounted for as a direct financing lease. Consistent with ASC 840 , Leases, Revenue Recognition Under ASC 842 and ASC 840 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, 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. 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. 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) 2019 2018 Rents received in advance $ 13,368 $ 7,832 Allowance for Doubtful Accounts Prior to the adoption of ASC 842, provisions for doubtful accounts were recorded as bad debt expense and included in General and administrative expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. Subsequent to the adoption of ASC 842, provisions for doubtful accounts are recorded prospectively as an offset to Lease revenues on the accompanying Consolidated Statements of Income and Comprehensive Income. The following table summarizes the changes in the allowance for doubtful accounts: For the years ended December 31, (in thousands) 2019 2018 2017 Balance as of January 1 $ 2,086 $ 742 $ 323 Provision for doubtful accounts 441 1,521 419 Write-offs (2,527 ) (177 ) — Balance as of December 31 $ — $ 2,086 $ 742 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 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) 2019 2018 Tenant reserve $ 922 $ 774 Capital reserve 872 362 $ 1,794 $ 1,136 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) 2019 2018 Unsecured revolving credit facility: Debt issuance costs $ 4,692 $ 3,431 Less accumulated amortization (2,312 ) (1,170 ) $ 2,380 $ 2,261 Mortgages and notes payable: Debt issuance costs $ 667 $ 834 Less accumulated amortization (309 ) (335 ) $ 358 $ 499 Unsecured term notes: Debt issuance costs $ 9,898 $ 6,997 Less accumulated amortization (1,979 ) (2,770 ) $ 7,919 $ 4,227 Deferred Initial Public Offering Costs The Company has incurred certain costs in connection with its anticipated initial public offering (“IPO”). The Company capitalizes such deferred IPO costs, which primarily consist of direct, incremental legal, professional, accounting and other third-party fees. The deferred IPO costs will be offset against IPO proceeds upon the consummation of an offering. Should the planned IPO be abandoned, the deferred IPO costs will be expensed immediately as a charge to operating expenses in the Consolidated Statement of Income and Comprehensive Income. At December 31, 2019, deferred IPO costs were $668, and were included within Prepaid expenses and other assets on the Consolidated Balance Sheets. 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 Prior to the adoption of ASU 2017-12, the gain or loss on the effective portion of the hedge was initially included as a component of other comprehensive income or loss and was subsequently reclassified into earnings when interest payments on the related debt were incurred and as the swap net settlements occurred. If and when there was ineffectiveness realized on a swap agreement, the Company recognized the ineffectiveness as a component of interest expense in the period incurred. 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) income 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 6.3%, 7.3%, and 7.6% at December 31, 2019, 2018, and 2017, 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 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 Stockholder’s equity in the accompanying Consolidated Balance Sheets. 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 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 balances of financial instruments measured at fair value on a recurring basis are as follows (see Note 11): December 31, 2019 (in thousands) Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 2,911 $ — $ 2,911 $ — Interest rate swap, liabilities (24,471 ) — (24,471 ) — $ (21,560 ) $ — $ (21,560 ) $ — December 31, 2018 Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 17,633 $ — $ 17,633 $ — Interest rate swap, liabilities (1,820 ) — (1,820 ) — $ 15,813 $ — $ 15,813 $ — 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 us |
Related-Party Transactions
Related-Party Transactions | 12 Months Ended |
Dec. 31, 2019 | |
Related Party Transactions [Abstract] | |
Related-Party Transactions | 3. Related-Party Transactions As discussed in Note 19, on February 7, 2020, the Company completed three mergers providing for the internalization of the external management functions previously performed by BRE and the Asset Manager (the “Internalization”). Prior to the Internalization, 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, including during all periods covered by these Consolidated Financial Statements. 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. In addition, prior to January 1, 2018, BRE was able to provide, but was not obligated to provide, short-term financing to, or guarantees for, the OP. In exchange for these services, BRE was entitled to receive an interest rate of up to the prime rate plus 1.00% in exchange for any advances to the OP, and 0.05% for guaranteeing recourse carve-outs on financing arrangements. No such advances or guarantees were made during the year ended December 31, 2017. 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. No fees were payable to BRE as a result of the Internalization. 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 with BRE as the single 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 for the years ended December 31, 2019 and 2018, (vi) 1% of the Aggregate Consideration, as defined in the Asset Management Agreement, received in connection with a Disposition Event. The Asset Management Agreement defined a Disposition Event in the same manner as a Termination Event was defined in the Property Management Agreement discussed above. 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. No fees were payable to the Asset Manager as a result of the Internalization. Total fees incurred under the Property Management Agreement and Asset Management Agreement are as follows: (in thousands) Financial Statement For the years ended December 31, Type of Fee Presentation 2019 2018 2017 Asset management fee Asset management fees $ 21,863 $ 18,173 $ 14,754 Property management fee Property management fees 8,256 6,529 4,988 Total management fee expense 30,119 24,702 19,742 Marketing fee (offering costs) Additional paid-in capital 1,649 1,158 1,380 Acquisition fee Capitalized as a component of assets acquired 10,319 5,907 6,580 Leasing and re-leasing fees Leasing fees, net 843 1,399 3,339 Disposition fee Gain on sale of real estate 1,765 573 605 Total management fees $ 44,695 $ 33,739 $ 31,646 Included in Due to related parties on the Consolidated Balance Sheets at December 31, 2018, are $114 of unpaid management fees. There were no unpaid management fees at December 31, 2019. All fees related to the Property Management Agreement and the Asset Management Agreement are paid for in cash within the Company’s normal payment cycle for vendors. Investment in Related Party On June 30, 2015, the Company issued 139 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 (the “Merger Agreement”) entered into as part of Internalization, during December 2019, the Company redeemed 235 shares of its common stock from BRE, representing BRE’s entire ownership interest in the Company. The shares were redeemed at $85 per share, the current Determined Share Value, for total consideration of $20,000. |
Acquisitions
Acquisitions | 12 Months Ended |
Dec. 31, 2019 | |
Business Combinations [Abstract] | |
Acquisitions | 4. Acquisitions The Company closed on the following acquisitions during the year ended December 31, 2019: Real Estate (in thousands, except number of properties) Number of Acquisition Date Property Type Properties 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 (a) 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 (b) (a) In conjunction with this acquisition, the Company assumed a mortgage with a principal balance of $49,782 with an interest rate at 4.92% and a maturity date of February 2028 (see Note 10). (b) 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: Real Estate (in thousands, except number of properties) Number of Acquisition Date Property Type Properties Price March 27, 2018 Industrial 1 $ 22,000 March 30, 2018 Industrial/Retail 26 78,530 April 30, 2018 Other 1 16,170 (c) 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 (d) June 29, 2018 Industrial 1 10,400 June 29, 2018 Retail 2 6,433 (e) 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, 2019 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 (f) (c) (d) (e) (f) The Company closed on the following acquisitions during the year ended December 31, 2017: Real Estate (in thousands, except number of properties) Number of Acquisition Date Property Type Properties Price January 18, 2017 Retail 1 $ 2,520 March 1, 2017 Retail 9 87,196 April 28, 2017 Retail 25 48,898 June 2, 2017 Healthcare 2 13,300 June 15, 2017 Retail 2 2,700 June 30, 2017 Industrial 2 12,250 June 30, 2017 Healthcare 7 25,989 July 7, 2017 Office 1 32,210 August 4, 2017 Healthcare 3 11,732 August 31, 2017 Healthcare 3 16,700 August 31, 2017 Industrial 2 6,148 September 13, 2017 Retail 5 4,994 September 29, 2017 Industrial/Retail 7 30,012 September 29, 2017 Industrial 1 57,372 October 13, 2017 Healthcare 1 10,000 (g) November 1, 2017 Other 4 15,693 (h) (i) December 7, 2017 Office 2 19,295 December 7, 2017 Healthcare 1 5,095 December 7, 2017 Healthcare 1 2,678 December 8, 2017 Industrial/Office 3 74,200 December 14, 2017 Office 1 24,500 December 18, 2017 Other 1 22,585 December 22, 2017 Industrial 2 19,000 December 22, 2017 Industrial 1 21,037 December 27, 2017 Retail 1 1,446 December 28, 2017 Industrial 1 28,450 December 29, 2017 Retail 9 28,224 December 29, 2017 Retail 20 39,552 December 29, 2017 Healthcare 6 19,868 124 $ 683,644 (j) (g) ( h ) ( i ) (j) 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 acquisitions: December 31, (in thousands) 2019 2018 2017 Land $ 161,182 $ 72,559 $ 67,945 Land improvements 47,391 32,498 54,804 Buildings and improvements 772,998 454,391 508,541 Equipment — 2,892 7,671 Acquired in-place leases (k) 80,952 62,631 77,073 Acquired above-market leases (l) 2,800 5,538 14,905 Acquired below-market leases (m) (15,811 ) (11,471 ) (38,493 ) Direct financing investments — 430 3,546 Mortgages payable (49,782 ) (20,845 ) (11,926 ) Non-real estate liabilities — (56 ) (2,777 ) $ 999,730 $ 598,567 $ 681,289 (k) (l) (m) The above acquisitions were funded using a combination of available cash on hand, borrowings under the Company’s unsecured revolving line of credit and unsecured term loan agreements, and proceeds from equity issuances. All acquisitions closed during the years ended December 31, 2019, 2018 and 2017, qualified as asset acquisitions and, as such, acquisition costs have been capitalized. |
Sale of Real Estate
Sale of Real Estate | 12 Months Ended |
Dec. 31, 2019 | |
Real Estate [Abstract] | |
Sale of Real Estate | 5. Sale of Real Estate The Company closed on the following sales of real estate, none of which qualified as discontinued operations: For the years ended December 31, (in thousands, except number of properties) 2019 2018 2017 Number of properties disposed 49 20 13 Aggregate sale price $ 176,486 $ 57,402 $ 66,532 Aggregate carrying value (138,845 ) (43,492 ) (50,339 ) Additional sales expenses (7,727 ) (3,414 ) (3,201 ) Gain on sale of real estate $ 29,914 $ 10,496 $ 12,992 |
Investment in Rental Property a
Investment in Rental Property and Lease Arrangements | 12 Months Ended |
Dec. 31, 2019 | |
Leases [Abstract] | |
Investment in Rental Property and Lease Arrangements | 6. 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, 2019, the Company had 626 real estate properties which were leased under leases that have been classified as operating leases and 16 that have been classified as direct financing leases. Of the 16 leases classified as direct financing leases, four include land portions which are accounted for as operating leases (see Revenue Recognition The Company’s leases do not include residual value guarantees. To protect the residual value of its assets under lease, the Company requires tenants to maintain certain levels of property insurance, and in some cases will purchase supplemental policies directly. Management physically inspects each property on a regular basis to ensure the tenant is maintaining the property so that it will be in a condition at the end of the lease term that is suitable for the Company to lease to a new tenant without the need for significant additional investment. For assets other than land, at lease inception the Company estimates the residual value taking into consideration the original fair value of the asset, less anticipated depreciation over the lease term. In general, at lease inception the Company assumes the value ascribed to land will be fully recoverable at the end of the lease term. Investment in Rental Property – Accounted for Using the Operating Method Rental property subject to non-cancelable operating leases with tenants are as follows: December 31, (in thousands) 2019 2018 Land $ 548,911 $ 411,043 Land improvements 275,470 239,701 Buildings and improvements 2,850,571 2,186,499 Equipment 11,492 11,492 3,686,444 2,848,735 Less accumulated depreciation (271,044 ) (206,989 ) $ 3,415,400 $ 2,641,746 Depreciation expense on investment in rental property was as follows: For the years ended December 31, (in thousands) 2019 2018 2017 Depreciation $ 83,797 $ 66,055 $ 50,360 Estimated lease payments to be received under non-cancelable operating leases with tenants at December 31, 2019 are as follows: (in thousands) 2020 $ 290,974 2021 295,713 2022 298,938 2023 302,017 2024 297,121 Thereafter 2,280,973 $ 3,765,736 Estimated minimum future rental receipts required under non-cancelable operating leases with tenants at December 31, 2018 are as follows: (in thousands) 2019 $ 231,725 2020 235,426 2021 238,223 2022 240,083 2023 241,498 Thereafter 2,007,118 $ 3,194,073 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 is comprised of the following: December 31, (in thousands) 2019 2018 Undiscounted estimated lease payments to be received $ 72,753 $ 76,829 Estimated unguaranteed residual values 20,358 20,358 Unearned revenue (51,221 ) (55,187 ) Net investment in direct financing leases $ 41,890 $ 42,000 Undiscounted estimated lease payments to be received under non-cancelable direct financing leases with tenants at December 31, 2019 are as follows: (in thousands) 2020 $ 4,194 2021 4,283 2022 4,369 2023 4,456 2024 4,539 Thereafter 50,912 $ 72,753 Minimum future rental receipts required under non-cancelable direct financing leases with tenants at December 31, 2018 are as follows: (in thousands) 2019 $ 4,076 2020 4,194 2021 4,283 2022 4,369 2023 4,456 Thereafter 55,451 $ 76,829 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 on the Consolidated Statements of Income and Comprehensive Income: For the year ended (in thousands) December 31, 2019 Contractual rental amounts billed for operating leases $ 257,695 Adjustment to recognize contractual operating lease billings on a straight-line basis 22,109 Percentage rent income 152 Adjustment to revenue recognized for uncollectible rental amounts billed (441 ) Total operating lease rental revenues 279,515 Earned income from direct financing leases 4,018 Operating expenses billed to tenants 14,614 Other income from real estate transactions 668 Total lease revenues $ 298,815 |
Intangible Assets And Liabiliti
Intangible Assets And Liabilities | 12 Months Ended |
Dec. 31, 2019 | |
Goodwill And Intangible Assets Disclosure [Abstract] | |
Intangible Assets and Liabilities | 7. Intangible Assets and Liabilities The following is a summary of intangible assets and liabilities and related accumulated amortization: December 31, (in thousands) 2019 2018 Lease intangibles: Acquired above-market leases $ 62,136 $ 64,164 Less accumulated amortization (17,433 ) (14,740 ) Acquired above-market leases, net 44,703 49,424 Acquired in-place leases 349,645 277,659 Less accumulated amortization (62,454 ) (40,825 ) Acquired in-place leases, net 287,191 236,834 Total intangible lease assets, net $ 331,894 $ 286,258 Acquired below-market leases $ 113,862 $ 101,602 Less accumulated amortization (21,640 ) (15,655 ) Intangible lease liabilities, net $ 92,222 $ 85,947 Leasing fees $ 17,013 $ 17,274 Less accumulated amortization (4,166 ) (3,576 ) Leasing fees, net $ 12,847 $ 13,698 Amortization for intangible lease assets and liabilities is as follows: (in thousands) For the years ended December 31, Intangible Financial Statement Presentation 2019 2018 2017 Acquired in-place leases and leasing fees Depreciation and amortization $ 25,021 $ 17,939 $ 11,903 Above-market and below-market leases Increase (decrease) to lease revenues 3,419 304 (496 ) Estimated future amortization of intangible assets and liabilities at December 31, 2019 is as follows: (in thousands) 2020 $ 23,876 2021 23,534 2022 22,985 2023 22,648 2024 21,876 Thereafter 137,600 $ 252,519 |
Notes Receivable
Notes Receivable | 12 Months Ended |
Dec. 31, 2019 | |
Receivables [Abstract] | |
Notes Receivable | 8. 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, 2019 | |
Debt Disclosure [Abstract] | |
Unsecured Credit Agreements | 9. Unsecured Credit Agreements 2019 Unsecured Term Loan Agreement On June 23, 2017, the Company amended and restated the term loan agreement by and among the Company, the OP, as the borrower, SunTrust Bank, as Administrative Agent, and the lenders party thereto (as amended and restated, the “2019 Unsecured Term Loan Agreement”). The 2019 Unsecured Term Loan Agreement amended certain terms, conditions, covenants, and other provisions to align them with those included in the Unsecured Revolving Credit and Term Loan Agreement described below, in addition to allowing a one-time, non-pro-rata $50,000 paydown on the loan (the “2019 Unsecured Term Loan”). On September 27, 2018, the Company made a $25,000 pro-rata paydown on the 2019 Unsecured Term Loan. The Company repaid the 2019 Unsecured Term Loan in full in February 2019. Borrowings under the 2019 Unsecured Term Loan bore interest at variable rates based on the one-month LIBOR plus a margin based on the OP’s investment grade credit rating ranging between 0.90% and 1.75%. Based on the OP’s credit rating of Baa3, the applicable margin under the 2019 Unsecured Term Loan was 1.40%. 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 (“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 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 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 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. The Revolving Credit Facility has an initial maturity date of January 21, 2022 and provides for one five-month extension, at the election of the Company, subject to certain conditions set forth in the agreement and payment of a 0.0625% fee on the revolving commitments. Borrowings on the Revolving Credit Facility bear interest at variable rates based on LIBOR plus a margin based on the OP’s credit rating ranging between 0.825% and 1.55% per annum. The Revolving Credit Facility contains an applicable facility fee based on the OP’s credit rating ranging between 0.13% and 0.30% per annum. Based on the OP’s current credit rating of Baa3, the applicable margin under the Revolving Credit Facility is 1.20%, and the applicable facility fee is 0.25%. 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. Based on the OP’s current credit rating of Baa3, the applicable margin under the 2023 Unsecured Term Loan is 1.35%. The 2024 Unsecured Term Loan provided for up to three delayed draws from inception through June 2018, at the request of the Company. The Company requested a draw for the remaining available borrowings under the 2024 Unsecured term loan in June 2018. 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 based on the OP’s current credit rating of Baa3, the applicable margin is 1.25% beginning on July 1, 2019. 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. The 2023 Unsecured Term Loan and 2024 Unsecured Term Loan were both subject to a fee of 0.25% per annum on the amount of the commitments, reduced by the amount of term loans outstanding under the applicable loan. The Company is subject to various financial and nonfinancial covenants under the Unsecured Revolving Credit and Term Loan Agreement. 2026 Unsecured Term Loan On February 27, 2019, the Company entered into a $450,000 seven-year unsecured term loan agreement (the “2026 Unsecured Term Loan”) with Capital One, National Association as administrative agent. The 2026 Unsecured Term Loan provides an accordion feature for up to a total of $550,000 borrowing capacity. The 2026 Unsecured Term Loan has an initial maturity date of February 27, 2026. Borrowings under the 2026 Unsecured Term Loan are subject to interest only payments at variable rates equal to LIBOR plus a margin between 1.45% and 2.40% per annum based on the OP’s credit rating. Based on the OP’s current credit rating of Baa3, the applicable margin under the 2026 Unsecured Term Loan is 1.85%. The 2026 Unsecured Term Loan is subject to a fee of 0.25% per annum on the amount of the commitment, reduced by the amount of term loans outstanding. At closing, $300,000 of the commitment was funded and used to repay the 2019 Unsecured Term Loan in full. The remaining $150,000 commitment was drawn on August 27, 2019 and used to partially fund acquisitions. 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 current credit rating of Baa3, the applicable margin is 1.25%. 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, along with $25,000 of the outstanding principal on the 2019 Unsecured Term Loan. The following table summarizes the Company’s unsecured credit agreements: Outstanding Balance December 31, Interest Maturity (in thousands, except interest rates) 2019 2018 Rate (d) Date 2019 Unsecured Term Loan (a) $ — $ 300,000 one-month LIBOR + 1.40% Feb. 2020 (g) 2020 Unsecured Term Loan (a) 300,000 — one-month LIBOR + 1.25% Aug. 2020 (h) Unsecured Revolving Credit and Term Loan Agreement (a) Revolving Credit Facility (b) 197,300 141,100 one-month LIBOR + 1.20% (e) Jan. 2022 2023 Unsecured Term Loan 265,000 265,000 one-month LIBOR + 1.35% Jan. 2023 2024 Unsecured Term Loan 190,000 190,000 one-month LIBOR + 1.25% (f) Jun. 2024 652,300 596,100 2026 Unsecured Term Loan (a) 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 1,877,300 1,371,100 Debt issuance costs, net (c) (7,919 ) (4,227 ) $ 1,869,381 $ 1,366,873 (a) The Company believes it was in compliance with all financial covenants for all periods presented. (b) At December 31, 2018, the Company had an outstanding balance of $15,000 on the swingline loan feature of the Revolving Credit Facility, due within five business days. On January 2, 2019, the balance became a part of the Revolving Credit Facility. (c) Amounts presented include debt issuance costs, net, related to the unsecured term notes and senior notes only. (d) At December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.35%, respectively. (e) At December 31, 2018, the swingline loan balance of $15,000 bore interest at 5.45% and the remaining Revolving Credit Facility balance of $126,100 bore interest at one-month LIBOR plus 1.20%. (f) On July 1, 2019 the Company amended the Unsecured Revolving Credit and Term Loan Agreement to reduce the variable rate margin from a range of 1.50% to 2.45% to a range of 0.85% to 1.65%. Prior to the amendment, at December 31, 2018, the applicable margin on the 2024 Unsecured Term Loan was 1.90%. (g) In January 2019 the Company exercised the first of two extension options, extending the maturity date of the loan from February 2019 to February 2020. The loan was subsequently repaid in full on February 27, 2019 in connection with entering into the 2026 Unsecured Term Loan. (h) The 2020 Unsecured Term Loan allows two six-month extensions, at the Company’s option, subject to payment of a fee equal to 0.05% of the outstanding principal balance at the time of extension. At December 31, 2019 and 2018, the weighted average interest rate on all outstanding borrowings was 3.68% and 4.23%, respectively. 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 the amended Unsecured Revolving Credit and Term Loan 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 the year ended December 31, 2017, the Company paid $8,711 in debt issuance costs associated with the Series A Notes, the Unsecured Revolving Credit and Term Loan Agreement, and the 2019 Unsecured Term Loan Agreement. 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, $6,543 of the debt issuance costs incurred during the year ended December 31, 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, $328 of unamortized debt issuance costs were expensed during the year ended December 31, 2019, and included in Cost of debt extinguishment in the accompanying Consolidated Statements of Income and Comprehensive Income. 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. Of the total debt issuance costs incurred in 2017, $5,810 related to the issuance of new debt and therefore have been deferred and are being amortized over the term of the associated debt. The remaining $2,901 of debt issuance costs were associated with lenders whose commitments under the new agreements have been determined to be an extinguishment and such debt issuance costs were expensed as a component of the Cost of debt extinguishment in the accompanying Consolidated Statements of Income and Comprehensive Income for the year ended December 31, 2017. Additionally, $654 of unamortized debt issuances costs were expensed and included in Cost of debt extinguishment in the accompanying Consolidated Statements of Income and Comprehensive Income for the year ended December 31, 2017. 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 related to the Unsecured revolving credit facility, Mortgages and notes payable, and Unsecured term notes: For the years ended December 31, (in thousands) 2019 2018 2017 Debt issuance costs amortization $ 2,685 $ 1,918 $ 1,794 |
Mortgages and Notes Payable
Mortgages and Notes Payable | 12 Months Ended |
Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |
Mortgages and Notes Payable | 10. 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 2019 2018 (1) Wilmington Trust National Association Apr-19 Feb-28 4.92% $ 49,065 $ — (a) (b) (c) (n) (2) Wilmington Trust National Association Jun-18 Aug-25 4.36% 20,318 20,674 (a) (b) (c) (m) (3) PNC Bank Oct-16 Nov-26 3.62% 17,885 18,260 (b) (c) (4) Sun Life Mar-12 Oct-21 5.13% 10,888 11,288 (b) (g) (5) Aegon Apr-12 Oct-23 6.38% 7,788 8,496 (b) (h) (6) M&T Bank Oct-17 Aug-21 one - month LIBOR+3% 4,913 5,051 (b) (d) (i) (j) (7) Note holders Dec-08 Dec-23 6.25% 750 750 (d) (8) Standard Insurance Co. Jul-10 Aug-30 6.75% 544 563 (b) (c) (d) (f) (o) (9) Symetra Financial Nov-17 Oct-26 3.65% — 6,467 (a) (b) (k) (l) (10) Columbian Mutual Life Insurance Company Aug-10 Sep-25 7.00% — 1,459 (b) (c) (d) (11) Legg Mason Mortgage Capital Corporation Aug-10 Aug-22 7.06% — 4,692 (b) (e) (12) Standard Insurance Co. Apr-09 May-34 6.88% — 1,751 (b) (c) 112,151 79,451 Debt issuance costs, net (358 ) (499 ) $ 111,793 $ 78,952 (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) Debt was guaranteed by a third party. (f) The interest rate (g) 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. (h) 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. (i) The Company entered into an interest rate swap agreement in connection with the mortgage note, as further described in Note 11. (j) 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. (k) Mortgage was assumed in November 2017 as part of the acquisition of the related property. The debt was recorded at fair value at the time of the assumption. (l) The interest rate was adjusted to the holder’s quoted five-year commercial mortgage rate for similar size and quality. ( m ) 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. (n) 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. (o) Mortgage was paid in full on February 13, 2020. At December 31, 2019, investment in rental property of $178,670 is pledged as collateral against the Company’s mortgages and notes payable. The following table summarizes the mortgages extinguished by the Company: For the years ended December 31, (in thousands, except number) 2019 2018 2017 Number of mortgages 4 2 7 Outstanding balance of mortgages $ 13,905 $ 6,666 $ 48,108 The following table summarizes the cost of mortgage extinguishment: For the years ended December 31, (in thousands) 2019 2018 2017 Cost of mortgage extinguishment $ 842 $ 101 $ 1,596 Estimated future principal payments to be made under the above mortgage and note payable agreements, and the Company’s unsecured credit agreements (see Note 9) at December 31, 2019, are as follows: (in thousands) 2020 $ 303,210 2021 18,028 2022 200,230 2023 273,356 2024 192,287 Thereafter 1,002,340 $ 1,989,451 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, 2019 | |
Derivative Instruments And Hedging Activities Disclosure [Abstract] | |
Interest Rate Swaps | 11. 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 2019 2018 Bank of America, N.A. November 2023 2.80 % one-month LIBOR $ 25,000 $ (1,136 ) $ (411 ) Bank of Montreal July 2024 1.16 % one-month LIBOR 40,000 740 2,702 Bank of Montreal January 2025 1.91 % one-month LIBOR 25,000 (402 ) 769 Bank of Montreal July 2025 2.32 % one-month LIBOR 25,000 (970 ) 222 Bank of Montreal January 2026 1.92 % one-month LIBOR 25,000 (448 ) 915 Bank of Montreal January 2026 2.05 % one-month LIBOR 40,000 (1,014 ) 1,130 Bank of Montreal December 2026 2.33 % one-month LIBOR 10,000 (460 ) 132 Bank of Montreal December 2026 1.99 % one-month LIBOR 25,000 (577 ) — Bank of Montreal December 2027 2.37 % one-month LIBOR 25,000 (1,306 ) 355 Bank of Montreal May 2029 2.09 % one-month LIBOR 25,000 (799 ) — Capital One, National Association December 2021 1.05 % one-month LIBOR 15,000 143 605 Capital One, National Association December 2024 1.58 % one-month LIBOR 15,000 10 727 Capital One, National Association January 2026 2.08 % one-month LIBOR 35,000 (911 ) 930 Capital One, National Association April 2026 2.68 % one-month LIBOR 15,000 (944 ) (189 ) Capital One, National Association July 2026 1.32 % one-month LIBOR 35,000 720 2,877 Capital One, National Association December 2027 2.37 % one-month LIBOR 25,000 (1,278 ) 345 M&T Bank August 2021 1.02 % one-month LIBOR 4,912 41 177 (a), (b) M&T Bank September 2022 2.83 % one-month LIBOR 25,000 (862 ) (362 ) M&T Bank November 2023 2.65 % one-month LIBOR 25,000 (1,038 ) (254 ) Regions Bank May 2020 2.12 % one-month LIBOR 50,000 (104 ) 271 Regions Bank December 2023 1.18 % one-month LIBOR 25,000 376 1,484 Regions Bank May 2029 2.11 % one-month LIBOR 25,000 (827 ) — Regions Bank June 2029 2.03 % one-month LIBOR 25,000 (651 ) — SunTrust Bank April 2024 1.99 % one-month LIBOR 25,000 (451 ) 554 SunTrust Bank April 2025 2.20 % one-month LIBOR 25,000 (781 ) 382 SunTrust Bank July 2025 1.99 % one-month LIBOR 25,000 (524 ) 728 SunTrust Bank December 2025 2.30 % one-month LIBOR 25,000 (993 ) 299 SunTrust Bank January 2026 1.93 % one-month LIBOR 25,000 (458 ) 903 U.S. Bank National Association June 2029 2.03 % one-month LIBOR 25,000 (681 ) — U.S. Bank National Association August 2029 1.35 % one-month LIBOR 25,000 881 — Wells Fargo Bank, N.A. February 2021 2.39 % one-month LIBOR 35,000 (302 ) 59 Wells Fargo Bank, N.A. October 2024 2.72 % one-month LIBOR 15,000 (795 ) (222 ) Wells Fargo Bank, N.A. April 2027 2.72 % one-month LIBOR 25,000 (1,845 ) (382 ) Wells Fargo Bank, N.A. January 2028 2.37 % one-month LIBOR 75,000 (3,914 ) 1,067 $ (21,560 ) $ 15,813 (a) Notional amount at December 31, 2018 was $5,051. (c) 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 are as follows: Total Interest Expense Amount of (Loss) Presented in the Gain Recognized in Consolidated Statements Accumulated Other Reclassification from Accumulated of Income and (in thousands) Comprehensive Other Comprehensive (Loss) Income Comprehensive For the years ended December 31, (Loss) Income Location Amount of Loss Income 2019 $ (37,372 ) Interest expense $ 1,492 $ 72,534 2018 10,584 Interest expense 910 52,855 2017 4,166 Interest expense 5,099 34,751 Amounts related to the interest rate swaps expected to be reclassified out of Accumulated other comprehensive (loss) income to Interest expense during the next twelve months are estimated to be a loss of $3,959. 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. |
Noncontrolling Interest
Noncontrolling Interest | 12 Months Ended |
Dec. 31, 2019 | |
Noncontrolling Interest [Abstract] | |
Non-Controlling Interests | 12. 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 and $10,498 during the years ended December 31, 2018, and 2017, respectively, which represents the estimated fair value of the properties contributed, less any assumed debt. There were no UPREIT transactions during the year ended December 31, 2019. The cumulative amount of UPREIT properties contributed, less assumed debt, amounted to $128,746 as of December 31, 2019 and 2018, respectively. In exchange for the properties contributed, 1,737 non-controlling OP Units were issued and outstanding as of December 31, 2019 and 2018, representing a 6.3% and 7.3% interest in the OP at December 31, 2019 and 2018, respectively. 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 not redeemable for cash in any circumstance and are therefore 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 years ended December 31, (in thousands) 2019 2018 2017 OP Units exchanged — 8 37 Shares of common stock received — 8 37 Value of shares/units exchanged $ — $ 684 $ 2,986 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, 2019 | |
Risks And Uncertainties [Abstract] | |
Credit Risk Concentrations | 13. Credit Risk Concentrations The Company maintained bank balances that, at times, exceeded the federally insured limit during the years ended December 31, 2019, 2018, and 2017. 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. During the years ended December 31, 2019, 2018, and 2017, the Company’s rental property was managed by BRE and the Asset Manager as described in Note 3. Management fees paid to BRE and Asset Manager represent 18%, 19%, and 20% of total operating expenses for the years ended December 31, 2019, 2018, and 2017, respectively. These amounts do not include acquisition fees paid to the Asset Manager that were capitalized (see Notes 2 and 3). The Company has mortgages and notes payable with three institutions that comprise 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. The Company had mortgages and notes payable with four institutions that comprised 27%, 17%, 13%, and 11% of total mortgages and notes payable at December 31, 2017. For the years ended December 31, 2019, 2018, and 2017, 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, 2019 | |
Equity [Abstract] | |
Equity | 14. Equity General Pursuant to the Corporation’s Articles of Incorporation (the “Charter”), the Corporation is authorized to issue an aggregate of 100,000 shares of capital stock, consisting of 80,000 shares designated as common stock with a par value of $0.001 per share (unrounded), and 20,000 shares 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. 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, 2019 and 2018, 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 the Company’s redemptions: For the years ended December 31, (in thousands, except number of redemptions) 2019 2018 2017 Number of redemptions requested 96 50 32 Number of shares 652 127 119 Aggregate redemption price $ 54,599 $ 10,304 $ 9,439 The 2019 redemption amounts include the redemption of shares from BRE, as discussed in Note 3. Distribution Reinvestment Plan The Corporation adopted a Dividend 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. Cash distributions were reinvested in additional shares of common stock pursuant to the DRIP at a per share price equal to 98% of the Determined Share Value as of the applicable distribution date. The Corporation could amend the DRIP at any time upon written notice to each participant at least 10 days prior to the effective date of the amendment, and could terminate the DRIP upon written notice to each participant at least 30 days prior to the effective date of the termination. On January 10, 2020, the Corporation announced that it would be terminating the DRIP, effective February 10, 2020. At December 31, 2019, 2018, and 2017, a total of 3,005, 2,233, and 1,592, shares of common stock, respectively, have been issued under the DRIP. |
Earnings per Share
Earnings per Share | 12 Months Ended |
Dec. 31, 2019 | |
Earnings Per Share [Abstract] | |
Earnings Per Share | 15. Earnings per Share The following table summarizes the components used in the calculation of basic and diluted earnings per share (“EPS”): For the years ended December 31, (in thousands, except per share) 2019 2018 2017 Basic earnings: Net earnings attributable to Broadstone Net Lease, Inc. $ 79,394 $ 69,375 $ 54,799 Diluted earnings: Net earnings attributable to Broadstone Net Lease, Inc. $ 79,394 $ 69,375 $ 54,799 Net earnings attributable to non-controlling interests 5,720 5,730 4,756 $ 85,114 $ 75,105 $ 59,555 Basic and diluted weighted average shares outstanding: Weighted average number of common shares outstanding used in basic earnings per share 23,979 20,242 17,084 Effects of convertible OP Units 1,737 1,668 1,483 Weighted average number of common shares outstanding used in diluted earnings per share 25,716 21,910 18,567 Basic and diluted net earnings per common share $ 3.31 $ 3.43 $ 3.21 In the table above, outstanding 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 on EPS. |
Income Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2019 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | 16. 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 years ended December 31, Character of Distributions 2019 2018 2017 Ordinary dividends 43 % 55 % 51 % Capital gain distributions 8 % 8 % — % Return of capital distributions 49 % 37 % 49 % 100 % 100 % 100 % |
Supplemental Cash Flow Disclosu
Supplemental Cash Flow Disclosures | 12 Months Ended |
Dec. 31, 2019 | |
Supplemental Cash Flow Elements [Abstract] | |
Supplemental Cash Flow Disclosures | 17. Supplemental Cash Flow Disclosures Cash paid for interest was $76,379, $44,697, and $32,429 for the years ended December 31, 2019, 2018, and 2017, respectively. Cash paid for state income, franchise, and foreign taxes was $2,131, $947, and $655 for the years ended December 31, 2019, 2018, and 2017, 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, 2019, 2018, and 2017, the Corporation issued 753, 622, and 499 shares, respectively, of common stock with a value of approximately $63,020, $50,826, and $38,848, respectively, under the terms of the DRIP (see Note 14). • During the years ended December 31, 2018, and 2017, the Company issued 194 and 161 OP Units, respectively, in exchange for property contributed in UPREIT transactions valued at $15,797 and $12,913, respectively. There were no UPREIT transactions during the year ended December 31, 2019 (see Note 12). • During the year ended December 31, 2018, the Corporation cancelled nine thousand 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, 2019, 2018, and 2017, dividend amounts declared and accrued but not yet paid amounted to $12,162, $10,111, and $8,449, respectively. • Upon adoption of ASC 842 on January 1, 2019, described in Note 2, 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, 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 assume any tenant improvement allowances during the year ended December 31, 2018. In connection with real estate transactions conducted during the year ended December 31, 2017, the Company accepted tenant improvement allowances and credits for rent in advance of $2,777 and $1,730, respectively, in exchange for a reduction to the cash paid for the associated real estate assets. • 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 4 and 8). |
Commitments and Contingencies
Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2019 | |
Commitments And Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | 18. 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. As part of acquisitions closed during the years ended 2019, 2018, and 2017, the Company assumed six separate lease agreements that provided for a total of $2,517, $0, and $2,777, respectively, in tenant improvement allowances. 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) 2019 2018 Tenant improvement allowances $ 2,706 $ 2,125 The Company is a party to three separate Tax Protection Agreements (Agreements) with the contributing members (Protected Members) of three distinct UPREIT transactions conducted in October 2017, February 2016, and November 2015. The Agreements require the Company to pay monetary damages in the event of a sale, exchange, transfer or other disposal of the contributed property in a taxable transaction that would cause a Protected Member to recognize a Protected Gain, as defined in the Agreements and subject to certain exceptions. In such an event, the Company will pay monetary damages to the Protected Members in the amount of the aggregate federal, state, and local income taxes incurred as a result of the income or gain allocated or recognized by the Protected Member as an outcome of the transaction, subject to certain caps and limitations contained in the Agreements. The Company is required to allocate to the Protected Members, an amount of nonrecourse liabilities that is at least equal to the Minimum Liability Amount for each Protected Member, 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. If the nonrecourse liabilities allocated do not meet the requirement, the Company will pay monetary damages to the Protected Members in the amount of the aggregate federal, state, and local income taxes incurred as a result of the income or gain allocated or recognized by the Protected Member as an outcome to the default. The maximum aggregate amount the Company may be liable for under the Agreements is approximately $12,300. Based on information available, the Company does not believe that the events resulting in damages as detailed above have occurred. Upon closing the Internalization, the Company entered into an additional tax protection agreement with the Founding Owners (see Note 19). Obligations Under Operating Leases The Company leases land at certain properties under non-cancellable operating 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 these leases, reported as a component of Property and operating expense in the accompanying Consolidated Statements of Income and Comprehensive Income: For the years ended December 31, (in thousands) 2019 2018 Operating lease costs $ 139 $ 59 Variable lease costs 46 23 Total lease costs $ 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 years ended December 31, (in thousands) 2019 2018 Operating lease payments $ 158 $ 52 Estimated future lease payments required under non-cancelable operating leases at December 31, 2019, and a reconciliation to the lease liabilities, is as follows: (in thousands) 2020 $ 114 2021 114 2022 116 2023 118 2024 119 Thereafter 2,411 Total undiscounted cash flows 2,992 Less imputed interest (1,783 ) Lease liabilities $ 1,209 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, 2019 | |
Subsequent Events [Abstract] | |
Subsequent Events | 19. Subsequent Events On January 10, 2020, the Corporation announced that it was suspending its private offering of shares of its common stock until further notice. In addition, the Corporation announced that it would be terminating its Share Redemption Program and DRIP, each effective as of February 10, 2020. Through February 15, 2020, the most recent distribution date, the Company has paid $24,398 in distributions, including dividend reinvestments. On February 7, 2020, the Board of Directors declared monthly distributions of $0.44 per share of the Company’s common stock and OP Units of record through April 29, 2020. The distributions are payable on the 15th of the following month to stockholders and unit holders of record on the last day of the month. On February 7, 2020, the Company entered into a $60,000 term loan agreement (the “2022 Unsecured Term Loan”) with JP Morgan Chase Bank, 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 in the Internalization (see below). Borrowings under the 2022 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 current credit rating of Baa3, the applicable margin is 1.25%. Through February 27, 2020 the Company sold eight properties with an aggregate carrying value of approximately $24,918 for total proceeds of $32,273. The Company incurred additional expenses related to the sales of approximately $1,370, resulting in a gain on sale of real estate of approximately $5,985. Subsequent to December 31, 2019, the OP paid off borrowings on the Revolving Credit Facility in the aggregate amount of $11,000 and drew additional borrowings on the Revolving Credit Facility in aggregate amount of $117,000. The proceeds were used to partially fund the Internalization, repay a portion of the debt assumed in the Internalization, and complete a partial paydown on the Company’s 2020 Unsecured Term Loan. On February 13, 2020, the Company prepaid a mortgage in full in the amount of $541. Internalization On February 7 The consideration paid pursuant to the Merger Agreement consists of (i) base consideration of approximately $209.5 million plus assumption of debt of approximately $90.5 million, paid at closing and (ii) additional consideration of up to $75 million payable in four tranches of $10 million, $15 million, $25 million, and $25 million if certain milestones related to either (a) the dollar volume-weighted average price of a share of the Company’s common stock (“VWAP per REIT Share”), following the completion of an IPO, or (b) the Company’s adjusted funds from operations (“AFFO”) per share, prior to the completion of an IPO, are achieved during specified periods of time following the closing of the Internalization (the “Earnout Periods”). The consideration will consist of a combination of cash, shares of the Company’s common stock, and OP Units, at the election of the owners of BRE. The earnout tranches, applicable VWAP of a REIT Share and AFFO per share, and the applicable Earnout Periods are as follows: If the Company has completed an IPO If the Company has not completed an IPO Earnout Tranche (a) VWAP of a REIT Share Applicable Earnout Period AFFO per Share Applicable Earnout Period $10 million $90.00 The two-year period beginning on the earlier of (i) the IPO closing date or (ii) December 31, 2020. $5.85 The two-year period consisting of the calendar years ended December 31, 2020 and December 31, 2021. $15 million $95.00 The two-year period beginning on the earlier of (i) the IPO closing date or (ii) December 31, 2020. $5.95 The two-year period consisting of the calendar years ended December 31, 2020 and December 31, 2021. $25 million $97.50 The four-year period beginning on the date that is exactly one year after the earnout period begins for the first and second tranches above. $6.30 The four-year period consisting of the calendar years ended December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. $25 million $100.00 The four-year period beginning on the date that is exactly one year after the earnout period begins for the first and second tranches above. $6.70 The four-year period consisting of the calendar years ended December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. (a) Initial contractual value of applicable earnout tranche based on an $85.00 price per share/unit of Common Stock and OP Units. Does not take into account the actual per share price of Common Stock and OP Units at the time an applicable earnout tranche may be earned and paid. Effective upon closing of the Internalization, the Company’s current executive officers, management team, and corporate staff became employees of the Company, and the four senior executives entered into employment agreements with the Company. The Merger Agreement did not provide that the completion of an IPO is a condition to the closing of the Internalization. Under the terms of the Merger Agreement, however, if the Company does not complete an IPO by December 31, 2020, then the former owners of BRE who receive shares of the Company’s common stock and/or OP Units will be granted certain redemption rights as a means to provide additional liquidity in the absence of an IPO. Prior to closing the Internalization, the Company repurchased all of the outstanding shares of Company common stock held by BRE in exchange for cash at a per share price equal to $85.00, the current Determined Share Value. Upon closing of the Internalization, the Company entered into the Founding Owners’ Tax Protection Agreement, 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 maximum amount the Company may be liable for under the Founding Owners’ Tax Protection Agreements is $10 million. In connection with the Internalization, the Company assumed the lease agreement relating to the Company’s principal executive office with CAHA, an affiliated third party, approximately 1.6% of which is indirectly owned by the Company’s Chairman and member of the Company’s Board of Directors. The lease is scheduled to expire on August 31, 2023, with two five-year renewal options. The annual rent for 2020 is approximately $547, with 2% annual increases thereafter. |
Selected Quarterly Results (una
Selected Quarterly Results (unaudited) | 12 Months Ended |
Dec. 31, 2019 | |
Quarterly Financial Data [Abstract] | |
Selected Quarterly Results (unaudited) | 20. Selected Quarterly Results (unaudited) Presented below is a summary of the Company’s unaudited quarterly financial information for the years ended December 31, 2019 and 2018: For the quarters 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 common share basic and diluted $ 0.62 $ 0.70 $ 0.95 $ 1.01 Weighted average number of common shares outstanding Basic 22,335 23,204 24,642 25,735 Diluted 24,072 24,941 26,379 27,472 For the quarters ended (in thousands, except per share) March 31, 2018 June 30, 2018 September 30, 2018 December 2018 Lease revenues $ 55,589 $ 57,032 $ 61,764 $ 63,094 Net income $ 18,995 $ 18,386 $ 23,064 $ 14,660 Net income attributable to non-controlling interests (1,422 ) (1,412 ) (1,797 ) (1,099 ) Net income attributable to Broadstone Net Lease, Inc. $ 17,573 $ 16,974 $ 21,267 $ 13,561 Net earnings per common share basic and diluted $ 0.92 $ 0.86 $ 1.03 $ 0.63 Weighted average number of common shares outstanding Basic 19,167 19,829 20,554 21,416 Diluted 20,719 21,478 22,291 23,154 |
Schedule III - Real Estate Asse
Schedule III - Real Estate Assets and Accumulated Depreciation | 12 Months Ended |
Dec. 31, 2019 | |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |
Schedule III - Real Estate Assets and Accumulated Depreciation | Broadstone Net Lease, Inc. and Subsidiaries As of December 31, 2019 (in thousands) Notes: 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: Becker MN $750 $921 $4,540 $ — $ — $921 $4,540 $5,461 $1,544 2000 2008 15-39 Tacoma WA — 1,634 4,902 — — 1,634 4,902 6,536 1,412 1977 2011 15-39 New Haven IN — 445 2,521 — — 445 2,521 2,966 850 1960 2011 15-39 Raleigh NC — 2,034 8,137 — — 2,034 8,137 10,171 2,009 1999 2012 15-39 Eureka MO — 2,328 9,311 — — 2,328 9,311 11,639 3,140 1990 2012 15-39 Durham NC 10,888 3,000 17,531 — — 3,000 17,531 20,531 4,607 2009 2012 15-39 Kilgore TX — 160 908 — — 160 908 1,068 296 2008 2012 15-39 American Canyon CA 7,788 2,378 26,142 — — 2,378 26,142 28,520 6,073 2002 2012 15-39 Huber Heights OH — 583 1,748 — — 583 1,748 2,331 569 1985 2012 15-39 Eastlake OH — 854 2,562 — — 854 2,562 3,416 713 1981 2012 15-39 Union Grove WI — 239 957 — — 239 957 1,196 195 1993 2012 15-39 Union Grove WI — 347 1,386 — — 347 1,386 1,733 271 1979 2012 15-39 Rock Hill SC — 796 3,185 — 72 796 3,257 4,053 895 1999 2012 15-39 Union Grove WI — 427 3,413 — — 427 3,413 3,840 550 2014 2015 15-39 Oshkosh WI — 456 869 — — 456 869 1,325 154 2007 2015 15-39 Hoffman Estates IL — 12,253 23,456 — — 12,253 23,456 35,709 5,318 1988 2013 15-39 Norton Shores MI — 198 2,932 — — 198 2,932 3,130 493 2002 2014 15-39 Muskegon MI — 168 2,751 — 13 168 2,764 2,932 559 1985 2013 15-39 Muskegon MI — 454 6,889 — 3 454 6,892 7,346 1,429 2012 2013 15-39 Muskegon MI — 463 2,512 — 23 463 2,535 2,998 553 1978 2013 15-39 Muskegon MI — 257 655 — — 257 655 912 154 2005 2013 15-39 Elgin IL — 4,339 17,458 — — 4,339 17,458 21,797 2,921 2009 2014 15-39 Shakopee MN — 3,962 21,296 — — 3,962 21,296 25,258 3,735 2014 2014 15-39 Houston TX — 1,242 2,698 — — 1,242 2,698 3,940 575 1972 2014 15-39 Winona MN — 1,653 7,694 — — 1,653 7,694 9,347 1,143 2008 2014 15-39 Winona MN — 804 4,412 — — 804 4,412 5,216 639 2008 2014 15-39 Mt. Pleasant TX — 1,785 5,540 — — 1,785 5,540 7,325 915 1994 2014 15-39 Madill OK — 1,395 5,796 — — 1,395 5,796 7,191 916 1999 2014 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) Madill OK — 2,657 1,566 — 1,001 2,657 2,567 5,224 316 1972 2014 15-39 Madill OK — 621 1,759 — — 621 1,759 2,380 279 1977 2014 15-39 Willis Point TX — 3,102 2,420 — — 3,102 2,420 5,522 472 2003 / 2008 2014 15-39 Fitzgerald GA — 1,939 3,316 — — 1,939 3,316 5,255 593 1997 2014 15-39 Cordele GA — 2,705 3,786 — — 2,705 3,786 6,491 588 2000 2014 15-39 Kingston OK — 1,857 1,692 — — 1,857 1,692 3,549 313 2013 2014 15-39 Odessa TX — 529 3,327 — — 529 3,327 3,856 522 2012 2015 15-39 Columbia MD — 667 9,220 — — 667 9,220 9,887 1,310 1984 2015 15-39 Menomonee Falls WI — 1,378 18,557 — — 1,378 18,557 19,935 2,525 2001 2015 15-39 Elk River MN — 763 4,937 — — 763 4,937 5,700 796 2008 2015 15-39 Elk River MN — 477 2,517 — — 477 2,517 2,994 406 2006 2015 15-39 Sanford FL — 2,075 7,600 — — 2,075 7,600 9,675 1,086 2002 2015 15-39 Columbus GA — 615 9,942 — — 615 9,942 10,557 1,247 1907 2015 15-39 Ephrata PA — 531 6,995 — — 531 6,995 7,526 1,303 2000 2015 15-39 Greer SC — 607 2,502 — — 607 2,502 3,109 388 1978 2015 15-39 Joplin MO — 831 9,600 — — 831 9,600 10,431 1,310 1993 2015 15-39 Katy TX — 1,493 3,883 — — 1,493 3,883 5,376 590 1996 2015 15-39 Kinston NC — 1,017 10,418 — 43 1,017 10,461 11,478 1,428 1979 2015 15-39 Euless TX — 1,487 3,051 — — 1,487 3,051 4,538 437 1991 2015 15-39 Jacksonville TX — 1,221 3,316 — — 1,221 3,316 4,537 432 1974 2015 15-39 Lima OH — 656 21,645 — — 656 21,645 22,301 2,563 2009 2015 15-39 Portage IN — 1,181 13,130 — — 1,181 13,130 14,311 1,853 2001 2016 15-39 Milpitas CA — 1,478 8,164 — — 1,478 8,164 9,642 737 1982 2016 15-39 St. Cloud MN — 565 20,420 — — 565 20,420 20,985 2,045 1999 2016 15-39 New Kensington PA — 907 13,058 — — 907 13,058 13,965 1,144 2015 2016 15-39 Denver CO — 1,105 8,077 — 2,000 1,105 10,077 11,182 721 1975 2017 15-39 Denver CO — 252 1,658 — — 252 1,658 1,910 121 1977 2017 15-39 Germantown WI — 612 2,062 — — 612 2,062 2,674 147 1989 2017 15-39 Germantown WI — 575 2,086 — — 575 2,086 2,661 145 2000 2017 15-39 Cary NC — 877 3,295 — — 877 3,295 4,172 36 1982 2019 15-39 Green Bay WI — 406 7,032 — — 406 7,032 7,438 496 1989 2017 15-39 Two Rivers WI — 445 1,885 — 1,750 445 3,635 4,080 199 1994 2017 15-39 Little Chute WI — 342 52,744 — 2 342 52,746 53,088 3,661 2017 2017 7-39 Las Vegas NV — 3,034 11,857 — — 3,034 11,857 14,891 709 2015 2017 15-39 Walker LA — 4,646 30,310 — — 4,646 30,310 34,956 1,966 2017 2017 15-39 Saxonburg PA — 1,048 7,545 — 1 1,048 7,546 8,594 518 2008 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) Butler PA — 1,885 6,294 — — 1,885 6,294 8,179 462 1990 2017 15-39 Story City IA — 5,700 13,916 — 28 5,700 13,944 19,644 942 1997 2017 15-39 San Jose CA — 9,489 18,617 — 1,358 9,489 19,975 29,464 1,286 1983 2017 15-39 Taunton MA — 3,157 16,851 — — 3,157 16,851 20,008 980 1987 2018 15-39 Knoxville TN — 447 4,276 — — 447 4,276 4,723 203 1977 2018 15-39 Elk Grove Village IL — 2,014 3,686 — — 2,014 3,686 5,700 193 2014 2018 15-39 Elgin IL — 3,265 4,947 — — 3,265 4,947 8,212 274 1981 2018 15-39 Lordstown OH — 1,028 36,068 — — 1,028 36,068 37,096 1,537 2012 2018 15-39 Perth Amboy NJ 20,318 5,622 35,420 — — 5,622 35,420 41,042 1,427 1933 2018 15-39 Indianapolis IN — 840 8,395 — — 840 8,395 9,235 377 1972 2018 15-39 Hazelwood MO — 2,936 7,565 — — 2,936 7,565 10,501 334 1966 2018 15-39 Fridley MN — 273 1,986 — — 273 1,986 2,259 86 1973 2018 15-39 Burnsville MN — 207 2,209 — — 207 2,209 2,416 94 1973 2018 15-39 North Canton OH — 338 8,263 — — 338 8,263 8,601 297 1988 2018 15-39 Madison MS — 3,348 11,997 — — 3,348 11,997 15,345 383 2003 2018 15-39 Novi MI — 872 8,274 — 4 872 8,278 9,150 248 2018 2018 15-39 Evansville IN — 253 9,601 — — 253 9,601 9,854 209 1932 2019 15-39 Greenfield IN — 2,828 19,367 — — 2,828 19,367 22,195 629 2018 2019 15-39 Beverly MA 49,065 3,241 65,532 — — 3,241 65,532 68,773 1,289 1984 2019 15-39 Liverpool NY — 374 6,032 — — 374 6,032 6,406 98 1985 2019 15-39 Liverpool NY — 381 3,527 — — 381 3,527 3,908 59 2001 2019 15-39 Green Bay WI — 528 9,785 — — 528 9,785 10,313 120 2000 2019 15-39 Dallas TX — 3,854 34,818 — — 3,854 34,818 38,672 364 2003 / 2017 2019 15-39 Plano TX — 6,456 37,093 — — 6,456 37,093 43,549 368 1983 / 1986 / 2016 2019 15-39 Lecompton KS — 413 33,211 — — 413 33,211 33,624 347 2012 2019 15-39 Abbotsford BC — 25,372 33,408 — — 25,372 33,408 58,780 334 2000 2019 15-39 Streamwood IL — 4,705 49,348 — — 4,705 49,348 54,053 497 1974 / 1985 / 1994 / 2012 2019 15-39 Hoffman Estates IL — 10,107 23,781 — — 10,107 23,781 33,888 240 1976 / 1998 2019 15-39 Savage MD — 4,226 20,582 — 700 4,226 21,282 25,508 217 1985 2019 15-39 Irving TX — 11,411 10,788 — — 11,411 10,788 22,199 118 1970 / 1980 2019 15-39 Sherman TX — 1,023 19,151 — — 1,023 19,151 20,174 215 1979 / 1992 2019 15-39 Phoenix AZ — 5,687 49,618 — — 5,687 49,618 55,305 510 1988 2019 15-39 Chandler AZ — 5,858 27,312 — — 5,858 27,312 33,170 274 2008 2019 15-39 Prescott AZ — 663 1,988 — — 663 1,988 2,651 21 2003 2019 15-39 Forest Park OH — 1,874 26,145 — — 1,874 26,145 28,019 260 2001 2019 15-39 Omaha NE — 1,279 16,158 — — 1,279 16,158 17,437 161 1965 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) Villa Rica GA — 1,525 9,924 — — 1,525 9,924 11,449 98 1998 2019 15-39 Ogden UT — 1,944 11,882 — — 1,944 11,882 13,826 127 1989 / 2009 2019 15-39 Woodland Hills CA — 30,453 19,080 — — 30,453 19,080 49,533 194 1973 / 1983 / 2003 2019 15-39 Visalia CA — 1,630 23,196 — — 1,630 23,196 24,826 234 1985 / 1993 / 1997 2019 15-39 Plymouth IN — 270 10,792 — — 270 10,792 11,062 113 1985 / 1997 2019 15-39 Edison NJ — 6,271 15,269 — — 6,271 15,269 21,540 160 1982 2019 15-39 Enid OK — 1,145 32,075 — — 1,145 32,075 33,220 319 1997 / 2002 / 2006 2019 15-39 Fresno CA — 2,971 37,364 — — 2,971 37,364 40,335 426 1972 / 1993 2019 15-39 Cedar Falls IA — 1,239 10,403 — — 1,239 10,403 11,642 95 2019 2019 15-39 Gainsville GA — 750 5,373 — — 750 5,373 6,123 18 1998 2019 15-39 Healthcare Properties: Houston TX — 598 3,388 — — 598 3,388 3,986 1,053 1980 2008 15-39 Rockford IL — 216 1,225 — — 216 1,225 1,441 413 1993 2008 15-39 Machesney Park IL — 218 1,237 — — 218 1,237 1,455 443 1996 2008 15-39 Loves Park IL 544 190 890 — — 190 890 1,080 305 1982 2010 15-39 Memphis TN — 530 2,722 — — 530 2,722 3,252 889 1993 2009 15-39 Pooler GA — 272 1,089 — — 272 1,089 1,361 339 1990 2009 15-39 Houston TX — 2,022 6,065 — — 2,022 6,065 8,087 1,742 2002 2010 15-39 Greece NY — 1,391 30,442 — 3,272 1,391 33,714 35,105 8,354 2011 2010 7-39 Tampa FL — 580 3,304 — — 580 3,304 3,884 863 2002 2011 15-39 Tampa FL — 790 4,021 — — 790 4,021 4,811 1,018 1985 2011 15-39 Wesley Chapel FL — 340 2,862 — — 340 2,862 3,202 733 2008 2011 15-39 Brandon FL — 292 1,961 — — 292 1,961 2,253 496 1998 2011 15-39 Knoxville TN — 744 2,246 — — 744 2,246 2,990 652 1975 2011 15-39 Ada OK — 293 1,172 — — 293 1,172 1,465 299 2011 2011 15-39 Sapulpa OK — 510 1,271 — — 510 1,271 1,781 282 2011 2012 15-39 McAlester OK — 413 1,669 — — 413 1,669 2,082 350 2012 2012 15-39 Weatherford OK — 357 1,419 — — 357 1,419 1,776 310 2012 2012 15-39 Melbourne FL — 3,320 13,281 — — 3,320 13,281 16,601 2,896 1993 2012 15-39 Melbourne FL — 809 3,235 — — 809 3,235 4,044 788 1998 2012 15-39 Sarasota FL — 1,253 4,758 — — 1,253 4,758 6,011 963 2002 2013 15-39 Sarasota FL — 752 3,969 — 335 752 4,304 5,056 802 2002 2013 15-39 Englewood FL — 207 679 — — 207 679 886 136 1985 2013 15-39 Brookfield WI — 338 4,603 — — 338 4,603 4,941 904 2005 2013 15-39 Waukesha WI — 302 11,218 — — 302 11,218 11,520 2,031 2005 2013 15-39 Plainfield IL — 128 7,843 702 1,489 830 9,332 10,162 1,548 2012 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) Greenfield WI — 212 7,163 — — 212 7,163 7,375 1,292 2011 2013 15-39 Brookfield WI — 331 7,542 — — 331 7,542 7,873 1,406 2008 2013 15-39 Goodyear AZ — 558 3,529 — — 558 3,529 4,087 639 2013 2013 15-39 Richmond VA — 348 2,986 — — 348 2,986 3,334 502 2011 2013 15-39 Montgomery AL — 94 1,303 — — 94 1,303 1,397 255 2013 2013 15-39 Kingwood TX — 253 5,236 — — 253 5,236 5,489 775 2009 2014 15-39 Lubbock TX — 1,616 6,195 — 135 1,616 6,330 7,946 934 2001 2014 15-39 Russellville AR — 1,232 4,752 — — 1,232 4,752 5,984 811 2010 2014 15-39 Little Rock AR — 1,866 5,294 — — 1,866 5,294 7,160 928 2012 2014 15-39 Conway AR — 1,522 3,579 — 5,624 1,522 9,203 10,725 1,075 2007 2014 15-39 Hudsonville MI — 199 3,631 — — 199 3,631 3,830 485 2007 2015 15-39 Franklin TN — 766 3,728 — — 766 3,728 4,494 567 2005 2015 15-39 Elk Grove Village IL — 252 2,933 — — 252 2,933 3,185 395 1985 2015 15-39 Virginia Beach VA — 827 3,310 — — 827 3,310 4,137 361 2008 2016 15-39 Tampa FL — 42 6,945 — — 42 6,945 6,987 557 1999 2016 39 Tampa FL — 8 732 — — 8 732 740 59 1999 2016 39 Tampa FL — 33 2,094 — — 33 2,094 2,127 168 2013 2016 39 Houston TX — 405 2,586 — — 405 2,586 2,991 222 2002 2016 15-39 Mt. Dora FL — 1,338 4,788 — — 1,338 4,788 6,126 615 1988 2015 15-39 Mt. Dora FL — 477 691 — — 477 691 1,168 117 1987 2015 15-39 Summerfield FL — 295 2,146 — — 295 2,146 2,441 276 2000 2015 15-39 Summerfield FL — 362 2,632 — — 362 2,632 2,994 339 2008 2015 15-39 Leesburg FL — 402 1,869 — — 402 1,869 2,271 256 1994 2015 15-39 Tempe AZ — 1,181 14,580 — — 1,181 14,580 15,761 1,950 2006 2015 15-39 Lincoln NE — 1,300 13,163 — — 1,300 13,163 14,463 1,682 1973 2015 15-39 North Little Rock AR — 532 51,843 — — 532 51,843 52,375 5,797 2005 2015 15-39 Worthington OH — 264 12,053 — — 264 12,053 12,317 1,212 1979 2016 15-39 Carmel IN — 243 3,519 — — 243 3,519 3,762 474 2006 2016 15-39 Copley OH — 104 6,359 — — 104 6,359 6,463 423 1996 2017 15-39 Cleveland OH — 323 2,744 — — 323 2,744 3,067 201 2007 2017 15-39 Girard OH — 75 1,107 — — 75 1,107 1,182 96 2003 2017 15-39 Moraine (Dayton) OH — 336 3,654 — 2 336 3,656 3,992 241 2017 2017 15-39 Commerce Township MI — 412 1,935 — 2 412 1,937 2,349 142 2007 2017 15-39 Modesto CA — 689 19,200 — — 689 19,200 19,889 1,742 1984 2016 15-39 Modesto CA — 300 4,273 — — 300 4,273 4,573 405 1984 2016 15-39 Clinton Township MI — 396 6,694 — 35 396 6,729 7,125 530 2016 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) Westland MI — 394 6,106 — 14 394 6,120 6,514 462 1994 2017 15-39 Lenoir NC — 150 3,622 — — 150 3,622 3,772 269 2010 2017 15-39 Morganton NC — 164 3,010 — — 164 3,010 3,174 227 2000 2017 15-39 Rutherford College NC — 130 2,692 — — 130 2,692 2,822 203 2007 2017 15-39 Hickory NC — 473 4,991 — — 473 4,991 5,464 394 2000 2017 15-39 Newton NC — 195 1,085 — — 195 1,085 1,280 90 1994 2017 15-39 Newton NC — 101 458 — — 101 458 559 36 1998 2017 15-39 Wilson NC — 547 6,214 — 51 547 6,265 6,812 475 1993 2017 15-39 Overland Park KS — 456 3,789 — — 456 3,789 4,245 253 2006 2017 15-39 Overland Park KS — 205 8,045 — — 205 8,045 8,250 496 2016 2017 15-39 Overland Park KS — 571 3,715 — — 571 3,715 4,286 299 1965 2017 15-39 Crestview Hills KY 4,913 192 8,342 — — 192 8,342 8,534 503 2005 2017 15-39 Mesa AZ — 785 5,034 — — 785 5,034 5,819 306 1998 2017 15-39 Albuquerque NM — 987 11,357 — 3 987 11,360 12,347 653 1996 2017 15-39 Indianapolis IN — 1,086 18,551 — 962 1,086 19,513 20,599 1,230 1995 2017 15-39 Pittsburg KS — 103 2,264 — — 103 2,264 2,367 133 2016 2017 15-39 Prairieville LA — 369 3,275 — — 369 3,275 3,644 194 2016 2017 15-39 Charlotte NC — 825 4,969 — 14 825 4,983 5,808 285 1989 2017 15-39 Tulsa OK — 734 3,143 — — 734 3,143 3,877 184 2016 2017 15-39 Rhinelander WI — 55 1,689 — — 55 1,689 1,744 105 2013 2017 15-39 Charlotte NC — 534 1,101 — — 534 1,101 1,635 92 1999 2017 15-39 Tampa FL — 3,954 10,732 — — 3,954 10,732 14,686 520 1984 2018 15-39 Zionsville IN — 591 4,243 — — 591 4,243 4,834 147 2016 2018 15-39 Noblesville IN — — 6,216 — — — 6,216 6,216 193 2017 2018 15-39 Spencer IN — 268 4,048 — — 268 4,048 4,316 119 2018 2019 15-39 Warren MI — 110 1,604 — 1 110 1,605 1,715 54 1998 2018 15-39 Tullahoma TN — 114 3,674 — — 114 3,674 3,788 127 2003 2018 15-39 Brandon FL — 475 2,438 — (1) 475 2,437 2,912 73 2008 2018 15-39 Atlanta GA — 2,397 12,271 — — 2,397 12,271 14,668 350 1999 2018 15-39 Northfield IL — 548 4,184 — (1) 548 4,183 4,731 113 1964 2018 15-39 Ann Arbor MI — 209 562 — (1) 209 561 770 19 1954 2018 15-39 Southfield MI — 1,013 14,967 — — 1,013 14,967 15,980 413 2004 2018 15-39 Clearwater FL — 819 961 — (1) 819 960 1,779 29 1977 2018 15-39 Arlington TX — 1,931 15,873 — 3 1,931 15,876 17,807 454 2015 2018 15-39 Naperville IL — 711 5,349 — — 711 5,349 6,060 157 2005 2018 15-39 Yorkville IL — 234 4,003 — 1 234 4,004 4,238 113 2000 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) Yorkville IL — 260 1,944 — — 260 1,944 2,204 59 2006 2018 15-39 Sycamore IL — 152 3,621 — — 152 3,621 3,773 110 1999 2018 15-39 Sycamore IL — 13 282 — — 13 282 295 8 1999 2018 15-39 Sandwich IL — 315 4,876 — — 315 4,876 5,191 152 1995 2018 15-39 Olympia Fields IL — 565 5,698 — 1 565 5,699 6,264 171 2007 2018 15-39 Shelby NC — 124 2,217 — 1 124 2,218 2,342 62 2006 2018 15-39 Lacey WA — 2,441 15,769 — (25) 2,441 15,744 18,185 447 2004 2018 15-39 Aberdeen WA — 899 4,482 — — 899 4,482 5,381 130 2007 2018 15-39 Bremerton WA — 140 3,154 — 1 140 3,155 3,295 89 1999 2018 15-39 Spartanburg SC — 251 3,821 — 1 251 3,822 4,073 117 2006 2018 15-39 Newport News VA — 831 3,977 — — 831 3,977 4,808 120 2004 2018 15-39 Newport News VA — 587 3,466 — — 587 3,466 4,053 102 2006 2018 15-39 Hanover PA — 80 3,752 — — 80 3,752 3,832 107 2003 2018 15-39 Roanoke VA — 267 3,027 — 1 267 3,028 3,295 86 1990 2018 15-39 Wayland MI — 373 2,592 — — 373 2,592 2,965 78 1999 2018 15-39 Johnson City NY — 357 4,934 — 1 357 4,935 5,292 137 1970 2018 15-39 Bradenton FL — 547 5,055 — 2 547 5,057 5,604 149 1984 2018 15-39 Bradenton FL — 292 2,085 — — 292 2,085 2,377 62 1982 2018 15-39 Bradenton FL — 112 1,167 — — 112 1,167 1,279 34 1982 2018 15-39 Bradenton FL — 274 1,589 — — 274 1,589 1,863 48 1995 2018 15-39 Ruskin FL — 203 1,526 — — 203 1,526 1,729 43 2004 2018 15-39 Hibbing MN — 799 3,176 — — 799 3,176 3,975 43 1999 2019 15-39 Duluth MN — 241 2,195 — — 241 2,195 2,436 26 2003 2019 15-39 Minot ND — 1,152 8,796 — — 1,152 8,796 9,948 108 2011 2019 15-39 Billings MT — 702 4,368 — — 702 4,368 5,070 54 2001 2019 15-39 Missoula MT — 1,395 3,870 — — 1,395 3,870 5,265 48 2001 2019 15-39 New Orleans LA — 1,804 3,461 — — 1,804 3,461 5,265 20 2013 2019 15-39 Restaurant Properties: Augusta GA — 270 1,108 — — 270 1,108 1,378 406 1992 2007 15-39 Pensacola FL — 207 1,595 — — 207 1,595 1,802 580 1998 2007 15-39 Jacksonville FL — 223 1,262 — — 223 1,262 1,485 537 1987 2007 15-39 Katy TX — 500 648 — — 500 648 1,148 222 1995 2009 15-39 La Porte TX — 250 1,151 — — 250 1,151 1,401 378 1996 2009 15-39 Rowlett TX — 350 776 — — 350 776 1,126 273 1997 2009 15-39 Norman OK — 280 1,049 — — 280 1,049 1,329 317 1991 2009 15-39 Oklahoma City OK — 540 517 — — 540 517 1,057 205 2001 2009 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) Ashland City TN — 59 973 — — 59 973 1,032 90 1992 2016 15-39 Cadiz KY — 77 1,048 — — 77 1,048 1,125 100 1992 2016 15-39 Centerville TN — 68 965 — — 68 965 1,033 96 2006 2016 15-39 Kingston Springs TN — 92 978 — — 92 978 1,070 100 1998 2016 15-39 Mount Juliet TN — 76 995 — — 76 995 1,071 97 1994 2016 15-39 White House TN — 105 927 — — 105 927 1,032 97 2003 2016 15-39 Mountain Home AR — 338 1,016 — — 338 1,016 1,354 302 1988 2010 15-39 Batesville AR — 214 1,055 — — 214 1,055 1,269 328 1988 2010 15-39 Paragould AR — 187 1,444 — — 187 1,444 1,631 392 1990 2010 15-39 Forrest City AR — 84 941 — — 84 941 1,025 294 1989 2010 15-39 Dyersburg TN — 276 1,250 — — 276 1,250 1,526 354 1989 2010 15-39 Martin TN — 152 858 — — 152 858 1,010 271 1999 2010 15-39 Union City TN — 72 806 — — 72 806 878 244 1988 2010 15-39 Mankato MN — 712 2,136 — — 712 2,136 2,848 562 1994 2011 15-39 Saint Paul MN — 606 1,817 — — 606 1,817 2,423 505 1994 2011 15-39 Jackson TN — 204 1,154 — — 204 1,154 1,358 288 1999 2011 15-39 Henderson TN — 141 800 — — 141 800 941 192 1986 2012 15-39 Lexington TN — 150 848 — — 150 848 998 205 1995 2012 15-39 Humboldt TN — 118 669 — — 118 669 787 180 1993 2012 15-39 Cocoa Beach FL — 283 848 — — 283 848 1,131 199 1992 2012 15-39 Lake Mary FL — 422 1,265 — — 422 1,265 1,687 278 1989 2012 15-39 New Smyrna Beach FL — 382 1,146 — — 382 1,146 1,528 313 2008 2012 15-39 Orlando FL — 351 1,052 — — 351 1,052 1,403 244 1990 2012 15-39 Orlando FL — 219 656 — — 219 656 875 175 1996 2012 15-39 Savannah GA — 390 1,170 — — 390 1,170 1,560 276 2009 2012 15-39 Savannah GA — 376 1,129 — — 376 1,129 1,505 259 2009 2012 15-39 Hinesville GA — 402 1,207 — — 402 1,207 1,609 300 2008 2012 15-39 Princeton WV — 269 1,524 — — 269 1,524 1,793 330 1976 2012 15-39 Princeton WV — 301 1,703 — — 301 1,703 2,004 367 1991 2012 15-39 Marietta OH — 246 1,395 — — 246 1,395 1,641 293 2007 2012 15-39 Pomeroy OH — 208 1,178 — — 208 1,178 1,386 269 1997 2012 15-39 Elkins WV — 452 1,355 — — 452 1,355 1,807 292 1980 2012 15-39 State College PA — 365 1,461 — — 365 1,461 1,826 304 1976 2012 15-39 Summerville WV — 109 2,366 — — 109 2,366 2,475 192 1993 2017 15-39 Oxford AL — 240 958 — — 240 958 1,198 216 1999 2012 15-39 Oxford AL — 320 158 — 1,100 320 1,258 1,578 135 2009 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) Pell City AL — 237 1,340 — — 237 1,340 1,577 277 2002 2012 15-39 Tuscaloosa AL — 449 1,796 — — 449 1,796 2,245 373 2010 2012 15-39 Jacksonville AL — 190 1,077 — — 190 1,077 1,267 235 2000 2012 15-39 Tuscaloosa AL — 422 1,686 — — 422 1,686 2,108 365 2001 2012 15-39 Tampa FL — 208 1,179 — — 208 1,179 1,387 241 1980 2012 15-39 Tampa FL — 288 1,634 — — 288 1,634 1,922 347 1987 2012 15-39 Richmond VA — 202 1,147 — — 202 1,147 1,349 247 1984 2012 15-39 Exton PA — 470 1,882 — — 470 1,882 2,352 416 1982 2012 15-39 Richmond VA — 133 755 — — 133 755 888 179 1981 2012 15-39 Paoli PA — 360 1,440 — — 360 1,440 1,800 298 1982 2012 15-39 Saint Petersburg FL — 233 1,440 — — 233 1,440 1,673 258 1988 2013 15-39 Alamogordo NM — 22 2,117 — — 22 2,117 2,139 351 1983 2014 15-39 Roswell NM — 64 2,059 — — 64 2,059 2,123 332 1990 2014 15-39 Moore OK — 64 1,249 — — 64 1,249 1,313 216 1975 2014 15-39 Del City OK — 40 1,370 — — 40 1,370 1,410 227 1980 2014 15-39 Oklahoma City OK — 105 1,150 — — 105 1,150 1,255 189 1977 2014 15-39 Oklahoma City OK — 721 1,049 — — 721 1,049 1,770 196 2003 2014 15-39 Mustang OK — 70 1,722 — — 70 1,722 1,792 288 2004 2014 15-39 Fort Worth TX — 487 934 — — 487 934 1,421 160 2003 2014 15-39 Kearney NE — 113 1,242 — — 113 1,242 1,355 213 1982 2014 15-39 Kearney NE — 176 1,238 — — 176 1,238 1,414 219 1991 2014 15-39 Grand Island NE — 425 — — — 425 — 425 — 1992 2014 — Ogallala NE — 291 1,243 — — 291 1,243 1,534 234 1986 2014 15-39 McAlester OK — 52 1,521 — — 52 1,521 1,573 261 2006 2014 15-39 Oklahoma City OK — 466 928 — — 466 928 1,394 135 1970 2015 15-39 Renton WA — 539 1,141 — — 539 1,141 1,680 163 1986 2015 15-39 Tacoma WA — 807 643 — — 807 643 1,450 116 1991 2015 15-39 Tacoma WA — 562 897 — — 562 897 1,459 134 1993 2015 15-39 Tukwila WA — 1,170 419 — — 1,170 419 1,589 117 1993 2015 15-39 Federal Way WA — 334 1,088 — — 334 1,088 1,422 142 1995 2015 15-39 Lakewood WA — 1,372 878 — — 1,372 878 2,250 153 1995 2015 15-39 Burlington WA — 178 1,982 — — 178 1,982 2,160 261 2000 2015 15-39 Everett WA — 175 1,473 — — 175 1,473 1,648 209 1986 2015 15-39 Puyallup WA — 622 — — — 622 — 622 — 1994 2015 — Aberdeen WA — 218 1,446 — — 218 1,446 1,664 192 2006 2015 15-39 Florence AL — 337 2,609 — — 337 2,609 2,946 347 2011 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) Decatur AL — 364 3,708 — — 364 3,708 4,072 486 2014 2015 15-39 Tupelo MS — 297 3,030 — — 297 3,030 3,327 388 2012 2015 15-39 Adamsville TN — 59 1,675 — — 59 1,675 1,734 209 2005 2015 15-39 Adamsville AL — 123 1,924 — — 123 1,924 2,047 252 1989 2015 15-39 Alexandria AL — 79 2,318 — — 79 2,318 2,397 283 2004 2015 15-39 Ashville AL — 124 1,696 — — 124 1,696 1,820 207 1999 2015 15-39 Athens AL — 143 1,996 — — 143 1,996 2,139 243 2007 2015 15-39 Carbon Hill AL — 54 1,634 — — 54 1,634 1,688 204 1998 2015 15-39 Carrollton GA — 77 2,030 — — 77 2,030 2,107 247 2008 2015 15-39 Centreville AL — 140 2,251 — — 140 2,251 2,391 264 2013 2015 15-39 Gadsden AL — 42 2,571 — — 42 2,571 2,613 304 1991 2015 15-39 Cullman AL — 71 1,799 — — 71 1,799 1,870 216 1997 2015 15-39 Cullman AL — 79 1,949 — — 79 1,949 2,028 244 2006 2015 15-39 Dora AL — 18 — — 2,095 18 2,095 2,113 40 1968 2015 15-39 Double Springs AL — 306 1,752 — — 306 1,752 2,058 221 1995 2015 15-39 Moulton AL — 117 1,752 — — 117 1,752 1,869 223 2003 2015 15-39 Guntersville AL — 382 2,020 — — 382 2,020 2,402 261 2015 2015 15-39 Harpersville AL — 48 2,645 — — 48 2,645 2,693 303 1995 2015 15-39 Harvest AL — 163 2,060 — — 163 2,060 2,223 256 2014 2015 15-39 Henderson TN — 111 1,608 — — 111 1,608 1,719 228 1987 2015 15-39 Madison AL — 209 1,958 — — 209 1,958 2,167 250 2011 2015 15-39 Lawrenceburg TN — 117 1,832 — — 117 1,832 1,949 284 2014 2015 15-39 Montevallo AL — 60 2,203 — — 60 2,203 2,263 267 2009 2015 15-39 Muscle Shoals AL — 44 — — 1,867 44 1,867 1,911 49 1984 2015 15-39 Odenville AL — 100 1,652 — — 100 1,652 1,752 223 2000 2015 15-39 Piedmont AL — 33 1,934 — — 33 1,934 1,967 225 1981 2015 15-39 Reform AL — 201 1,979 — — 201 1,979 2,180 271 1992 2015 15-39 Roanoke AL — 83 1,625 — — 83 1,625 1,708 197 2006 2015 15-39 Savannah TN — 62 1,693 — — 62 1,693 1,755 218 2012 2015 15-39 Sheffield AL — 43 1,730 — — 43 1,730 1,773 198 1967 2015 15-39 Somerville AL — 28 1,758 — — 28 1,758 1,786 240 2001 2015 15-39 Springville AL — 31 1,994 — — 31 1,994 2,025 232 1993 2015 15-39 Stevenson AL — 306 1,862 — — 306 1,862 2,168 224 1985 2015 15-39 Trussville AL — 34 2,039 — — 34 2,039 2,073 234 1992 2015 15-39 Tuscumbia AL — 117 1,831 — — 117 1,831 1,948 236 2004 2015 15-39 Wedowee AL — 92 1,454 — — 92 1,454 1,546 171 2002 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) Huntsville AL — 133 2,029 — — 133 2,029 2,162 242 2010 2015 15-39 Ashwaubenon WI — 86 2,008 — — 86 2,008 2,094 246 1994 2015 15-39 Oshkosh WI — 145 1,795 — — 145 1,795 1,940 231 1996 2015 15-39 Green Bay WI — 106 1,713 — — 106 1,713 1,819 217 1996 2015 15-39 West Bend WI — 113 1,704 — — 113 1,704 1,817 215 1996 2015 15-39 Appleton WI — 34 575 — — 34 575 609 73 1996 2015 15-39 Appleton WI — 95 2,478 — — 95 2,478 2,573 297 1976 2015 15-39 Manitowoc WI — 106 1,714 — — 106 1,714 1,820 219 1996 2015 15-39 Eau Claire WI — 137 2,245 — — 137 2,245 2,382 289 1994 2015 15-39 Dover DE — 211 3,455 — — 211 3,455 3,666 405 1991 2015 15-39 Norman OK — 232 3,733 — — 232 3,733 3,965 441 1982 2015 15-39 Knoxville TN — 151 2,775 — — 151 2,775 2,926 353 1978 2015 15-39 Wichita KS — 468 3,475 — — 468 3,475 3,943 411 1982 2015 15-39 Las Cruces NM — 108 4,069 — — 108 4,069 4,177 486 1991 2015 15-39 Lee's Summit MO — 132 3,447 — — 132 3,447 3,579 428 2010 2015 15-39 Gadsden AL — 219 2,915 — — 219 2,915 3,134 351 1981 2015 15-39 Murfreesboro TN — 247 2,747 — — 247 2,747 2,994 351 1987 2015 15-39 Macon GA — 258 3,235 — — 258 3,235 3,493 379 1972 2015 15-39 Lexington KY — 1,258 — — — 1,258 — 1,258 — 1976 2015 — Joliet IL — 686 3,072 — — 686 3,072 3,758 393 1991 2015 15-39 Wheat Ridge CO — 451 3,614 — — 451 3,614 4,065 419 1974 2015 15-39 Tulsa OK — 125 3,846 — — 125 3,846 3,971 446 1987 2015 15-39 Oakdale MN — 197 3,455 — — 197 3,455 3,652 400 2006 2015 15-39 Pineville NC — 74 3,587 — — 74 3,587 3,661 429 1991 2015 15-39 Albuquerque NM — 196 3,389 — — 196 3,389 3,585 410 2002 2015 15-39 Madison TN — 97 4,617 — — 97 4,617 4,714 470 1972 2016 15-39 Florence KY — 61 4,687 — — 61 4,687 4,748 483 1977 2016 15-39 Maplewood MN — 315 1,551 — — 315 1,551 1,866 213 1983 2016 15-39 Santa Fe NM — 121 2,979 — — 121 2,979 3,100 302 1990 2016 15-39 Memphis TN — 103 3,327 — — 103 3,327 3,430 359 2008 2016 15-39 Jonesboro AR — 324 3,383 — — 324 3,383 3,707 358 2011 2016 15-39 Lafayette IN — 285 3,436 — — 285 3,436 3,721 363 2012 2016 15-39 Bridgeport WV — 88 4,074 — — 88 4,074 4,162 450 2007 2016 15-39 St. Mary's OH — 56 3,997 — — 56 3,997 4,053 451 2011 2016 15-39 Lima OH — 69 3,813 — — 69 3,813 3,882 428 2009 2016 15-39 Round Rock TX — 769 4,176 — — 769 4,176 4,945 420 1984 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) Austin TX — 1,184 5,678 — — 1,184 5,678 6,862 577 1998 2016 15-39 Austin TX — 2,104 7,566 — — 2,104 7,566 9,670 807 2006 2016 15-39 Austin TX — 4,190 7,829 — — 4,190 7,829 12,019 799 1994 2016 15-39 Dothan AL — 539 2,551 — — 539 2,551 3,090 251 1997 2016 15-39 Tallahassee FL — 864 2,184 — — 864 2,184 3,048 228 1995 2016 15-39 Peachtree City GA — 476 2,590 — — 476 2,590 3,066 263 1997 2016 15-39 Valdosta GA — 524 2,504 — — 524 2,504 3,028 255 1997 2016 15-39 Orland Park IL — 686 2,358 — — 686 2,358 3,044 249 1994 2016 15-39 Rockford IL — 450 2,701 — — 450 2,701 3,151 268 1996 2016 15-39 Bloomington IN — 240 2,761 — — 240 2,761 3,001 252 1994 2016 15-39 Kokomo IN — 106 3,065 — — 106 3,065 3,171 269 1995 2016 15-39 Clarkston MI — 284 2,788 — — 284 2,788 3,072 302 1997 2016 15-39 Madison Heights MI — 58 3,094 — — 58 3,094 3,152 271 1995 2016 15-39 Brighton MI — 102 2,920 — — 102 2,920 3,022 297 1998 2016 15-39 Jackson MI — 177 2,846 — — 177 2,846 3,023 283 1996 2016 15-39 Hendersonville NC — 165 2,928 — — 165 2,928 3,093 306 2000 2016 15-39 New Bern NC — 284 2,525 — — 284 2,525 2,809 252 2000 2016 15-39 Las Vegas NV — 962 2,086 — — 962 2,086 3,048 235 2002 2016 15-39 Cherry Hill NJ — 791 2,340 — — 791 2,340 3,131 248 1992 2016 15-39 Harrisburg PA — 735 2,340 — — 735 2,340 3,075 238 1994 2016 15-39 Pittsburgh PA — 363 3,488 — — 363 3,488 3,851 342 1996 2016 15-39 Beaumont TX — 206 3,241 — — 206 3,241 3,447 315 1996 2016 15-39 Desoto TX — 535 2,542 — — 535 2,542 3,077 264 1999 2016 15-39 Lewisville TX — 299 2,786 — — 299 2,786 3,085 258 1994 2016 15-39 Webster TX — 591 2,622 — — 591 2,622 3,213 267 1995 2016 15-39 Harrisonburg VA — 444 2,645 — — 444 2,645 3,089 278 1998 2016 15-39 Beckley WV — 194 3,049 — — 194 3,049 3,243 293 1997 2016 15-39 Portage MI — 38 2,041 — — 38 2,041 2,079 174 1981 2017 15-39 Brook Park OH — 180 1,875 — — 180 1,875 2,055 155 2000 2017 15-39 Terre Haute IN — 207 1,860 — — 207 1,860 2,067 151 1984 2017 15-39 Harmarville PA — 157 1,761 — — 157 1,761 1,918 159 1984 2017 15-39 Youngstown OH — 72 1,945 — — 72 1,945 2,017 158 1983 2017 15-39 Mars PA — 381 1,572 — — 381 1,572 1,953 146 2004 2017 15-39 Lafayette IN — 125 1,793 — — 125 1,793 1,918 141 1976 2017 15-39 Joliet IL — 366 1,505 — — 366 1,505 1,871 144 1983 2017 15-39 Cincinnati OH — 638 1,515 — — 638 1,515 2,153 140 1988 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) Delaware OH — 54 1,788 — — 54 1,788 1,842 145 1987 2017 15-39 Wadsworth OH — 310 1,612 — — 310 1,612 1,922 148 1989 2017 15-39 Fort Wright KY — 68 2,374 — 9 68 2,383 2,451 195 1997 2017 15-39 Akron OH — 134 1,605 — — 134 1,605 1,739 171 1998 2017 15-39 Mt. Vernon IL — 68 1,849 — — 68 1,849 1,917 164 2001 2017 15-39 Maysville KY — 37 1,889 — — 37 1,889 1,926 158 20 |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2019 | |
Accounting Policies [Abstract] | |
Principles of Consolidation | Principles of Consolidation The Consolidated Financial Statements include the accounts and operations of the Corporation, the OP, and its consolidated subsidiaries, all of which are wholly owned by the OP (collectively, 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, authority to make decisions, 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, as 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 investment in rental property and intangible assets acquired and liabilities assumed, the value of long-lived assets, the provision for impairment, the depreciable lives of rental property, the amortizable lives of intangible assets and liabilities, the allowance for doubtful accounts, 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 is 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 rental income 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 rental income. 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, 2019, 2018, and 2017. |
Long-lived Asset Impairment | Long-lived Asset Impairment The Company reviews long-lived assets 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. If the Company’s strategy, or one or more of the assumptions described above were to change in the future, an impairment may need to be recognized. 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. For the years ended December 31, 2019, 2018, and 2017, the Company recorded impairment charges of $3,452, $2,061, and $2,608, respectively. Impairment indicators were identified due to concerns over tenant future viability, property vacancies, or changes to the overall investment strategy for the real estate assets. The amount of the impairment charges were based on management’s consideration of the factors detailed above. In determining the fair value of the impaired assets at September 30, 2019 and March 31, 2019, the measurement dates, and depending on the property being evaluated, the Company utilized a capitalization rate of 14.58%, a weighted average discount rate of 8.00%, and a weighted average price per square foot of $226. In determining the fair value of the impaired assets at September 30, 2018, the measurement date, and depending on the property being evaluated, the Company utilized capitalization rates ranging from 7.50% to 10.00%, and a weighted average discount rate of 8.00%. In determining the fair value of the impaired assets at September 30, 2017, the measurement date, and depending on the property being evaluated, the Company utilized capitalization rates ranging from 7.25% to 12.00%, and a weighted average discount rate of 8.00%. |
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, 2019 and 2018, 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. Prior to the adoption of ASU 2017-05, the Company recognized real estate sales when all of the following criteria were met: (i) a sale was consummated, (ii) the buyer had demonstrated an adequate commitment to pay for the property, (iii) the Company’s receivable was not subject to future subordination, and (iv) the Company had transferred the risks and rewards of ownership to the buyer and did not have continuing involvement. Unless all conditions were met, recognition of all or a portion of the profit was deferred. 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, 2019, 2018, and 2017, 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 in the Consolidated Balance Sheets. Restricted cash consisted of the following: December 31, (in thousands) 2019 2018 Escrow funds and other $ 2,311 $ 377 Undistributed 1031 proceeds 5,545 — $ 7,856 $ 377 |
Revenue Recognition | Revenue Recognition The Company commences revenue recognition on its leases based on a number of factors, including the initial determination that the contract is or contains a lease. Generally, all of the Company’s property related contracts are or contain leases, and therefore revenue is recognized when the lessee takes possession of or controls the physical use of the leased assets. In most instances this occurs on the lease commencement date. At the time of lease assumption or at the inception of a new lease, including new leases that arise from amendments, the Company assesses the terms and conditions of the lease to determine the proper lease classification. 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 CPI. Lease income associated with such provisions is considered variable lease income and therefore 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. Leases Executed on or After Adoption of ASC 842 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. 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 in accordance with ASC 842. ASC 842 requires the Company to account 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. Leases Executed Prior to Adoption of ASC 842 A lease arrangement was classified as an operating lease if none of the following criteria were met: (i) ownership transferred to the lessee prior to or shortly after the end of the lease term, (ii) the lessee had a bargain purchase option during or at the end of the lease term, (iii) the lease term was greater than or equal to 75% of the underlying property’s estimated useful life, or (iv) the present value of the future minimum lease payments (excluding executory costs) was greater than or equal to 90% of the fair value of the leased property. If one or more of these criteria were met, and the minimum lease payments were determined to be reasonably predictable and collectible, the lease arrangement was generally accounted for as a direct financing lease. Consistent with ASC 840 , Leases, Revenue Recognition Under ASC 842 and ASC 840 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, 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. 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. |
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) 2019 2018 Rents received in advance $ 13,368 $ 7,832 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 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) 2019 2018 Tenant reserve $ 922 $ 774 Capital reserve 872 362 $ 1,794 $ 1,136 The corresponding cash balances are recorded in Prepaid expenses and other assets on the Consolidated Balance Sheets. |
Allowance for Doubtful Accounts | Allowance for Doubtful Accounts Prior to the adoption of ASC 842, provisions for doubtful accounts were recorded as bad debt expense and included in General and administrative expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. Subsequent to the adoption of ASC 842, provisions for doubtful accounts are recorded prospectively as an offset to Lease revenues on the accompanying Consolidated Statements of Income and Comprehensive Income. The following table summarizes the changes in the allowance for doubtful accounts: For the years ended December 31, (in thousands) 2019 2018 2017 Balance as of January 1 $ 2,086 $ 742 $ 323 Provision for doubtful accounts 441 1,521 419 Write-offs (2,527 ) (177 ) — Balance as of December 31 $ — $ 2,086 $ 742 |
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) 2019 2018 Unsecured revolving credit facility: Debt issuance costs $ 4,692 $ 3,431 Less accumulated amortization (2,312 ) (1,170 ) $ 2,380 $ 2,261 Mortgages and notes payable: Debt issuance costs $ 667 $ 834 Less accumulated amortization (309 ) (335 ) $ 358 $ 499 Unsecured term notes: Debt issuance costs $ 9,898 $ 6,997 Less accumulated amortization (1,979 ) (2,770 ) $ 7,919 $ 4,227 |
Deferred Initial Public Offering Costs | Deferred Initial Public Offering Costs The Company has incurred certain costs in connection with its anticipated initial public offering (“IPO”). The Company capitalizes such deferred IPO costs, which primarily consist of direct, incremental legal, professional, accounting and other third-party fees. The deferred IPO costs will be offset against IPO proceeds upon the consummation of an offering. Should the planned IPO be abandoned, the deferred IPO costs will be expensed immediately as a charge to operating expenses in the Consolidated Statement of Income and Comprehensive Income. At December 31, 2019, deferred IPO costs were $668, and were included within Prepaid expenses and other assets on the Consolidated Balance Sheets. |
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 Prior to the adoption of ASU 2017-12, the gain or loss on the effective portion of the hedge was initially included as a component of other comprehensive income or loss and was subsequently reclassified into earnings when interest payments on the related debt were incurred and as the swap net settlements occurred. If and when there was ineffectiveness realized on a swap agreement, the Company recognized the ineffectiveness as a component of interest expense in the period incurred. 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) income 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 6.3%, 7.3%, and 7.6% at December 31, 2019, 2018, and 2017, 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 Stockholder’s 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 balances of financial instruments measured at fair value on a recurring basis are as follows (see Note 11): December 31, 2019 (in thousands) Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 2,911 $ — $ 2,911 $ — Interest rate swap, liabilities (24,471 ) — (24,471 ) — $ (21,560 ) $ — $ (21,560 ) $ — December 31, 2018 Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 17,633 $ — $ 17,633 $ — Interest rate swap, liabilities (1,820 ) — (1,820 ) — $ 15,813 $ — $ 15,813 $ — 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, 2019 and 2018, 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. 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, and Accounts payable and other liabilities approximates their fair values due to their short-term nature. 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: December 31, (in thousands) 2019 2018 Carrying amount $ 1,989,451 $ 1,450,551 Fair value 2,047,860 1,439,264 As disclosed under the Long-lived Asset Impairment |
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, except for U.S. federal income taxes of the Company’s taxable REIT subsidiaries (“TRS”). The Company has wholly-owned subsidiaries that elected to be treated as a TRS and are subject to U.S. federal, state and local income taxes at regular corporate tax rates. The income tax expense incurred by the TRS entities did not have a material impact on the Company’s accompanying Consolidated Financial Statements. 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 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, 2019, the Company’s U.S. federal and state income tax returns remain subject to examination by the respective taxing authorities for the 2016 through 2018 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, 2019 and 2018, or for the years ended December 31, 2019, 2018, and 2017, 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, 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 As described in Recently Adopted Accounting Standards Right-of-use assets and lease liabilities associated with ground leases were included in the accompanying Consolidated Balance Sheets as follows: December 31, (in thousands) Financial Statement Presentation 2019 Right-of-use assets Prepaid expenses and other assets $ 1,614 Lease liabilities Accounts payable and other liabilities 1,209 Rental Expense Rental expense associated with ground leases is recorded on a straight-line basis over the term of each lease, for leases that have fixed and measurable rent escalations. Under the provisions of ASC 842, 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, 2019 Consolidated Balance Sheet. Prior to the adoption of ASC 842, at December 31, 2018, this difference was recorded as a deferred liability and was included as a component of Accounts payable and other liabilities in the accompanying 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 expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. |
Recently Adopted Accounting Standards and Other Recently Issued Accounting Standards | Recently Adopted Accounting Standards In February 2016, the FASB issued ASU 2016-02, Leases (Topic ASC 842) • The “Package of Three,” which allows an entity to not reassess (i) whether any expired or existing contracts are, or contain, leases, (ii) the lease classification for any expired or existing leases, and (iii) initial direct costs for existing leases. • The optional transition method to initially apply the guidance of ASC 842 at the adoption date and to recognize a cumulative-effect adjustment to the opening balance of retained earnings. As a result of electing this practical expedient, the Company’s reporting for the comparative periods presented will continue to be in accordance with ASC 840, including the required disclosures. • The ability to make an accounting policy election, by class of underlying asset, to not separate nonlease components from the associated lease component and to account for those components as a single component if certain conditions are met. ASC 842 requires all income from leases to be presented as a single line item, rather than the prior presentation where rental income from leases was shown separately from amounts billed and collected as reimbursements from tenants on the Consolidated Statements of Income and Comprehensive Income. In addition, bad debt expense is required to be recorded as an adjustment to Lease revenues, rather than recorded within Operating expenses on the Consolidated Statements of Income and Comprehensive Income, as had previously been the case. The Company is primarily a lessor and therefore adoption of ASC 842 did not have a material impact on its Consolidated Financial Statements. Upon adoption of ASC 842, it was not necessary for the Company to record a cumulative-effect adjustment to the opening balance of retained earnings, however the Company recognized a right-of-use asset and corresponding lease liability as of January 1, 2019, of $1,687 and $1,261, respectively, related to operating leases where it is the lessee (see Note 18). The right-of-use asset was recorded net of a previously recorded straight-line rent liability of $7 and ground lease intangible asset, net of $432 as of the date of adoption. In October 2018, the FASB issued ASU 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . Other Recently Issued Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses Codification Improvements to Topic 326, Financial Instruments – Credit Losses Financial Instruments – Credit Losses (Topic 326): Targeted Transition Relief 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 |
Reclassifications | Reclassifications Certain prior period amounts have been reclassified to conform with the current period’s presentation, including certain items described below which resulted from the adoption of ASC 842. Components of revenue that were previously reported as Rental income from operating leases, Earned income from direct financing leases, Operating expenses reimbursed from tenants, and Other income from real estate transactions, on the Consolidated Statements of Income and Comprehensive Income, have been combined and reported as Lease revenues on the Consolidated Statements of Income and Comprehensive Income as follows: As originally reported For the years ended December 31, (in thousands) 2018 2017 Revenues Rental income from operating leases $ 222,208 $ 170,493 Earned income from direct financing leases 3,941 4,141 Operating expenses reimbursed from tenants 11,221 6,721 Other income from real estate transactions 109 208 Total revenues $ 237,479 $ 181,563 As revised For the years ended December 31, (in thousands) 2018 2017 Revenues Lease revenues $ 237,479 $ 181,563 In addition, as discussed in Recently Adopted Accounting Standards The Company reclassified Restricted cash of $377 and Tenant and capital reserves of $1,136 to Prepaid expenses and other assets on the Consolidated Balance Sheets at December 31, 2018, to conform with the current period presentation. Additionally, Tenant improvement allowances of $2,125 were reclassified to Accounts payable and other liabilities on the Consolidated Balance Sheets at December 31, 2018, to conform with the current presentation. The reclassifications are changes from one acceptable presentation to another acceptable presentation. |
Business Description (Tables)
Business Description (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | |
Summary of Economic Ownership Interest | The following table summarizes the economic ownership interest in the OP: December 31, Percentage of shares owned by 2019 2018 2017 Corporation 93.7 % 92.7 % 92.4 % Non-controlling interests 6.3 % 7.3 % 7.6 % 100.0 % 100.0 % 100.0 % |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Significant Accounting Policies [Line Items] | |
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) 2019 2018 Escrow funds and other $ 2,311 $ 377 Undistributed 1031 proceeds 5,545 — $ 7,856 $ 377 |
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) 2019 2018 Rents received in advance $ 13,368 $ 7,832 |
Summary of Changes in the Allowance for Doubtful Accounts | The following table summarizes the changes in the allowance for doubtful accounts: For the years ended December 31, (in thousands) 2019 2018 2017 Balance as of January 1 $ 2,086 $ 742 $ 323 Provision for doubtful accounts 441 1,521 419 Write-offs (2,527 ) (177 ) — Balance as of December 31 $ — $ 2,086 $ 742 |
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) 2019 2018 Tenant reserve $ 922 $ 774 Capital reserve 872 362 $ 1,794 $ 1,136 |
Summary of Debt Issuance Costs on Consolidated Balance Sheets | The following table summarizes debt issuance costs: December 31, (in thousands) 2019 2018 Unsecured revolving credit facility: Debt issuance costs $ 4,692 $ 3,431 Less accumulated amortization (2,312 ) (1,170 ) $ 2,380 $ 2,261 Mortgages and notes payable: Debt issuance costs $ 667 $ 834 Less accumulated amortization (309 ) (335 ) $ 358 $ 499 Unsecured term notes: Debt issuance costs $ 9,898 $ 6,997 Less accumulated amortization (1,979 ) (2,770 ) $ 7,919 $ 4,227 |
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 11): December 31, 2019 (in thousands) Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 2,911 $ — $ 2,911 $ — Interest rate swap, liabilities (24,471 ) — (24,471 ) — $ (21,560 ) $ — $ (21,560 ) $ — December 31, 2018 Total Level 1 Level 2 Level 3 Interest rate swap, assets $ 17,633 $ — $ 17,633 $ — Interest rate swap, liabilities (1,820 ) — (1,820 ) — $ 15,813 $ — $ 15,813 $ — |
Summary of Carrying Amount Reported on Consolidated Balance | 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: December 31, (in thousands) 2019 2018 Carrying amount $ 1,989,451 $ 1,450,551 Fair value 2,047,860 1,439,264 |
Summary of Right-of-Use Assets And Lease Liabilities Associated With Ground Leases Included In Consolidated Balance Sheets | Right-of-use assets and lease liabilities associated with ground leases were included in the accompanying Consolidated Balance Sheets as follows: December 31, (in thousands) Financial Statement Presentation 2019 Right-of-use assets Prepaid expenses and other assets $ 1,614 Lease liabilities Accounts payable and other liabilities 1,209 |
ASC 842 | |
Significant Accounting Policies [Line Items] | |
Summary of Reclassifications of Components of Revenue | Certain prior period amounts have been reclassified to conform with the current period’s presentation, including certain items described below which resulted from the adoption of ASC 842. Components of revenue that were previously reported as Rental income from operating leases, Earned income from direct financing leases, Operating expenses reimbursed from tenants, and Other income from real estate transactions, on the Consolidated Statements of Income and Comprehensive Income, have been combined and reported as Lease revenues on the Consolidated Statements of Income and Comprehensive Income as follows: As originally reported For the years ended December 31, (in thousands) 2018 2017 Revenues Rental income from operating leases $ 222,208 $ 170,493 Earned income from direct financing leases 3,941 4,141 Operating expenses reimbursed from tenants 11,221 6,721 Other income from real estate transactions 109 208 Total revenues $ 237,479 $ 181,563 As revised For the years ended December 31, (in thousands) 2018 2017 Revenues Lease revenues $ 237,479 $ 181,563 |
Related-Party Transactions (Tab
Related-Party Transactions (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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 years ended December 31, Type of Fee Presentation 2019 2018 2017 Asset management fee Asset management fees $ 21,863 $ 18,173 $ 14,754 Property management fee Property management fees 8,256 6,529 4,988 Total management fee expense 30,119 24,702 19,742 Marketing fee (offering costs) Additional paid-in capital 1,649 1,158 1,380 Acquisition fee Capitalized as a component of assets acquired 10,319 5,907 6,580 Leasing and re-leasing fees Leasing fees, net 843 1,399 3,339 Disposition fee Gain on sale of real estate 1,765 573 605 Total management fees $ 44,695 $ 33,739 $ 31,646 |
Acquisitions (Tables)
Acquisitions (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Business Combinations [Abstract] | |
Acquisitions Closed | The Company closed on the following acquisitions during the year ended December 31, 2019: Real Estate (in thousands, except number of properties) Number of Acquisition Date Property Type Properties 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 (a) 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 (b) (a) In conjunction with this acquisition, the Company assumed a mortgage with a principal balance of $49,782 with an interest rate at 4.92% and a maturity date of February 2028 (see Note 10). (b) 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: Real Estate (in thousands, except number of properties) Number of Acquisition Date Property Type Properties Price March 27, 2018 Industrial 1 $ 22,000 March 30, 2018 Industrial/Retail 26 78,530 April 30, 2018 Other 1 16,170 (c) 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 (d) June 29, 2018 Industrial 1 10,400 June 29, 2018 Retail 2 6,433 (e) 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, 2019 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 (f) (c) (d) (e) (f) The Company closed on the following acquisitions during the year ended December 31, 2017: Real Estate (in thousands, except number of properties) Number of Acquisition Date Property Type Properties Price January 18, 2017 Retail 1 $ 2,520 March 1, 2017 Retail 9 87,196 April 28, 2017 Retail 25 48,898 June 2, 2017 Healthcare 2 13,300 June 15, 2017 Retail 2 2,700 June 30, 2017 Industrial 2 12,250 June 30, 2017 Healthcare 7 25,989 July 7, 2017 Office 1 32,210 August 4, 2017 Healthcare 3 11,732 August 31, 2017 Healthcare 3 16,700 August 31, 2017 Industrial 2 6,148 September 13, 2017 Retail 5 4,994 September 29, 2017 Industrial/Retail 7 30,012 September 29, 2017 Industrial 1 57,372 October 13, 2017 Healthcare 1 10,000 (g) November 1, 2017 Other 4 15,693 (h) (i) December 7, 2017 Office 2 19,295 December 7, 2017 Healthcare 1 5,095 December 7, 2017 Healthcare 1 2,678 December 8, 2017 Industrial/Office 3 74,200 December 14, 2017 Office 1 24,500 December 18, 2017 Other 1 22,585 December 22, 2017 Industrial 2 19,000 December 22, 2017 Industrial 1 21,037 December 27, 2017 Retail 1 1,446 December 28, 2017 Industrial 1 28,450 December 29, 2017 Retail 9 28,224 December 29, 2017 Retail 20 39,552 December 29, 2017 Healthcare 6 19,868 124 $ 683,644 (j) (g) ( h ) ( i ) (j) |
Purchase Price Allocation for Acquisitions | 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 acquisitions: December 31, (in thousands) 2019 2018 2017 Land $ 161,182 $ 72,559 $ 67,945 Land improvements 47,391 32,498 54,804 Buildings and improvements 772,998 454,391 508,541 Equipment — 2,892 7,671 Acquired in-place leases (k) 80,952 62,631 77,073 Acquired above-market leases (l) 2,800 5,538 14,905 Acquired below-market leases (m) (15,811 ) (11,471 ) (38,493 ) Direct financing investments — 430 3,546 Mortgages payable (49,782 ) (20,845 ) (11,926 ) Non-real estate liabilities — (56 ) (2,777 ) $ 999,730 $ 598,567 $ 681,289 (k) (l) (m) |
Sale of Real Estate (Tables)
Sale of Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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 years ended December 31, (in thousands, except number of properties) 2019 2018 2017 Number of properties disposed 49 20 13 Aggregate sale price $ 176,486 $ 57,402 $ 66,532 Aggregate carrying value (138,845 ) (43,492 ) (50,339 ) Additional sales expenses (7,727 ) (3,414 ) (3,201 ) Gain on sale of real estate $ 29,914 $ 10,496 $ 12,992 |
Investment in Rental Property_2
Investment in Rental Property and Lease Arrangements (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Leases [Abstract] | |
Rental Property Subject to Non-cancelable Operating Leases | Rental property subject to non-cancelable operating leases with tenants are as follows: December 31, (in thousands) 2019 2018 Land $ 548,911 $ 411,043 Land improvements 275,470 239,701 Buildings and improvements 2,850,571 2,186,499 Equipment 11,492 11,492 3,686,444 2,848,735 Less accumulated depreciation (271,044 ) (206,989 ) $ 3,415,400 $ 2,641,746 Depreciation expense on investment in rental property was as follows: For the years ended December 31, (in thousands) 2019 2018 2017 Depreciation $ 83,797 $ 66,055 $ 50,360 |
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, 2019 are as follows: (in thousands) 2020 $ 290,974 2021 295,713 2022 298,938 2023 302,017 2024 297,121 Thereafter 2,280,973 $ 3,765,736 Estimated minimum future rental receipts required under non-cancelable operating leases with tenants at December 31, 2018 are as follows: (in thousands) 2019 $ 231,725 2020 235,426 2021 238,223 2022 240,083 2023 241,498 Thereafter 2,007,118 $ 3,194,073 |
Net Investment in Direct Financing Leases | The Company’s net investment in direct financing leases is comprised of the following: December 31, (in thousands) 2019 2018 Undiscounted estimated lease payments to be received $ 72,753 $ 76,829 Estimated unguaranteed residual values 20,358 20,358 Unearned revenue (51,221 ) (55,187 ) Net investment in direct financing leases $ 41,890 $ 42,000 |
Direct Financing Leases, Lease Receivable Maturity | Undiscounted estimated lease payments to be received under non-cancelable direct financing leases with tenants at December 31, 2019 are as follows: (in thousands) 2020 $ 4,194 2021 4,283 2022 4,369 2023 4,456 2024 4,539 Thereafter 50,912 $ 72,753 Minimum future rental receipts required under non-cancelable direct financing leases with tenants at December 31, 2018 are as follows: (in thousands) 2019 $ 4,076 2020 4,194 2021 4,283 2022 4,369 2023 4,456 Thereafter 55,451 $ 76,829 |
Summary of Amounts Reported as Lease Revenues on the Condensed Consolidated Statements of Income and Comprehensive Income | The following table summarizes amounts reported as Lease revenues on the Consolidated Statements of Income and Comprehensive Income: For the year ended (in thousands) December 31, 2019 Contractual rental amounts billed for operating leases $ 257,695 Adjustment to recognize contractual operating lease billings on a straight-line basis 22,109 Percentage rent income 152 Adjustment to revenue recognized for uncollectible rental amounts billed (441 ) Total operating lease rental revenues 279,515 Earned income from direct financing leases 4,018 Operating expenses billed to tenants 14,614 Other income from real estate transactions 668 Total lease revenues $ 298,815 |
Intangible Assets and Liabili_2
Intangible Assets and Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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) 2019 2018 Lease intangibles: Acquired above-market leases $ 62,136 $ 64,164 Less accumulated amortization (17,433 ) (14,740 ) Acquired above-market leases, net 44,703 49,424 Acquired in-place leases 349,645 277,659 Less accumulated amortization (62,454 ) (40,825 ) Acquired in-place leases, net 287,191 236,834 Total intangible lease assets, net $ 331,894 $ 286,258 Acquired below-market leases $ 113,862 $ 101,602 Less accumulated amortization (21,640 ) (15,655 ) Intangible lease liabilities, net $ 92,222 $ 85,947 Leasing fees $ 17,013 $ 17,274 Less accumulated amortization (4,166 ) (3,576 ) Leasing fees, net $ 12,847 $ 13,698 |
Schedule of Amortization for Intangible Lease Assets and Liabilities | Amortization for intangible lease assets and liabilities is as follows: (in thousands) For the years ended December 31, Intangible Financial Statement Presentation 2019 2018 2017 Acquired in-place leases and leasing fees Depreciation and amortization $ 25,021 $ 17,939 $ 11,903 Above-market and below-market leases Increase (decrease) to lease revenues 3,419 304 (496 ) |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated future amortization of intangible assets and liabilities at December 31, 2019 is as follows: (in thousands) 2020 $ 23,876 2021 23,534 2022 22,985 2023 22,648 2024 21,876 Thereafter 137,600 $ 252,519 |
Unsecured Credit Agreements (Ta
Unsecured Credit Agreements (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Summary of Debt Issuance Cost Amortization Related to Unsecured Revolving Credit Facility, Mortgages and Notes Payable, and Unsecured Term Notes | The following table summarizes debt issuance cost amortization related to the Unsecured revolving credit facility, Mortgages and notes payable, and Unsecured term notes For the years ended December 31, (in thousands) 2019 2018 2017 Debt issuance costs amortization $ 2,685 $ 1,918 $ 1,794 |
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) 2019 2018 Rate (d) Date 2019 Unsecured Term Loan (a) $ — $ 300,000 one-month LIBOR + 1.40% Feb. 2020 (g) 2020 Unsecured Term Loan (a) 300,000 — one-month LIBOR + 1.25% Aug. 2020 (h) Unsecured Revolving Credit and Term Loan Agreement (a) Revolving Credit Facility (b) 197,300 141,100 one-month LIBOR + 1.20% (e) Jan. 2022 2023 Unsecured Term Loan 265,000 265,000 one-month LIBOR + 1.35% Jan. 2023 2024 Unsecured Term Loan 190,000 190,000 one-month LIBOR + 1.25% (f) Jun. 2024 652,300 596,100 2026 Unsecured Term Loan (a) 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 1,877,300 1,371,100 Debt issuance costs, net (c) (7,919 ) (4,227 ) $ 1,869,381 $ 1,366,873 (a) The Company believes it was in compliance with all financial covenants for all periods presented. (b) At December 31, 2018, the Company had an outstanding balance of $15,000 on the swingline loan feature of the Revolving Credit Facility, due within five business days. On January 2, 2019, the balance became a part of the Revolving Credit Facility. (c) Amounts presented include debt issuance costs, net, related to the unsecured term notes and senior notes only. (d) At December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.35%, respectively. (e) At December 31, 2018, the swingline loan balance of $15,000 bore interest at 5.45% and the remaining Revolving Credit Facility balance of $126,100 bore interest at one-month LIBOR plus 1.20%. (f) On July 1, 2019 the Company amended the Unsecured Revolving Credit and Term Loan Agreement to reduce the variable rate margin from a range of 1.50% to 2.45% to a range of 0.85% to 1.65%. Prior to the amendment, at December 31, 2018, the applicable margin on the 2024 Unsecured Term Loan was 1.90%. (g) In January 2019 the Company exercised the first of two extension options, extending the maturity date of the loan from February 2019 to February 2020. The loan was subsequently repaid in full on February 27, 2019 in connection with entering into the 2026 Unsecured Term Loan. (h) The 2020 Unsecured Term Loan allows two six-month extensions, at the Company’s option, subject to payment of a fee equal to 0.05% of the outstanding principal balance at the time of extension. |
Mortgages and Notes Payable (Ta
Mortgages and Notes Payable (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Summary of Extinguished Mortgages | The following table summarizes the mortgages extinguished by the Company: For the years ended December 31, (in thousands, except number) 2019 2018 2017 Number of mortgages 4 2 7 Outstanding balance of mortgages $ 13,905 $ 6,666 $ 48,108 |
Summary of Cost Extinguished Mortgages | The following table summarizes the cost of mortgage extinguishment: For the years ended December 31, (in thousands) 2019 2018 2017 Cost of mortgage extinguishment $ 842 $ 101 $ 1,596 |
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 9) at December 31, 2019, are as follows: (in thousands) 2020 $ 303,210 2021 18,028 2022 200,230 2023 273,356 2024 192,287 Thereafter 1,002,340 $ 1,989,451 |
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 2019 2018 (1) Wilmington Trust National Association Apr-19 Feb-28 4.92% $ 49,065 $ — (a) (b) (c) (n) (2) Wilmington Trust National Association Jun-18 Aug-25 4.36% 20,318 20,674 (a) (b) (c) (m) (3) PNC Bank Oct-16 Nov-26 3.62% 17,885 18,260 (b) (c) (4) Sun Life Mar-12 Oct-21 5.13% 10,888 11,288 (b) (g) (5) Aegon Apr-12 Oct-23 6.38% 7,788 8,496 (b) (h) (6) M&T Bank Oct-17 Aug-21 one - month LIBOR+3% 4,913 5,051 (b) (d) (i) (j) (7) Note holders Dec-08 Dec-23 6.25% 750 750 (d) (8) Standard Insurance Co. Jul-10 Aug-30 6.75% 544 563 (b) (c) (d) (f) (o) (9) Symetra Financial Nov-17 Oct-26 3.65% — 6,467 (a) (b) (k) (l) (10) Columbian Mutual Life Insurance Company Aug-10 Sep-25 7.00% — 1,459 (b) (c) (d) (11) Legg Mason Mortgage Capital Corporation Aug-10 Aug-22 7.06% — 4,692 (b) (e) (12) Standard Insurance Co. Apr-09 May-34 6.88% — 1,751 (b) (c) 112,151 79,451 Debt issuance costs, net (358 ) (499 ) $ 111,793 $ 78,952 (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) Debt was guaranteed by a third party. (f) The interest rate (g) 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. (h) 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. (i) The Company entered into an interest rate swap agreement in connection with the mortgage note, as further described in Note 11. (j) 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. (k) Mortgage was assumed in November 2017 as part of the acquisition of the related property. The debt was recorded at fair value at the time of the assumption. (l) The interest rate was adjusted to the holder’s quoted five-year commercial mortgage rate for similar size and quality. ( m ) 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. (n) 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. (o) Mortgage was paid in full on February 13, 2020. |
Interest Rate Swaps (Tables)
Interest Rate Swaps (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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 2019 2018 Bank of America, N.A. November 2023 2.80 % one-month LIBOR $ 25,000 $ (1,136 ) $ (411 ) Bank of Montreal July 2024 1.16 % one-month LIBOR 40,000 740 2,702 Bank of Montreal January 2025 1.91 % one-month LIBOR 25,000 (402 ) 769 Bank of Montreal July 2025 2.32 % one-month LIBOR 25,000 (970 ) 222 Bank of Montreal January 2026 1.92 % one-month LIBOR 25,000 (448 ) 915 Bank of Montreal January 2026 2.05 % one-month LIBOR 40,000 (1,014 ) 1,130 Bank of Montreal December 2026 2.33 % one-month LIBOR 10,000 (460 ) 132 Bank of Montreal December 2026 1.99 % one-month LIBOR 25,000 (577 ) — Bank of Montreal December 2027 2.37 % one-month LIBOR 25,000 (1,306 ) 355 Bank of Montreal May 2029 2.09 % one-month LIBOR 25,000 (799 ) — Capital One, National Association December 2021 1.05 % one-month LIBOR 15,000 143 605 Capital One, National Association December 2024 1.58 % one-month LIBOR 15,000 10 727 Capital One, National Association January 2026 2.08 % one-month LIBOR 35,000 (911 ) 930 Capital One, National Association April 2026 2.68 % one-month LIBOR 15,000 (944 ) (189 ) Capital One, National Association July 2026 1.32 % one-month LIBOR 35,000 720 2,877 Capital One, National Association December 2027 2.37 % one-month LIBOR 25,000 (1,278 ) 345 M&T Bank August 2021 1.02 % one-month LIBOR 4,912 41 177 (a), (b) M&T Bank September 2022 2.83 % one-month LIBOR 25,000 (862 ) (362 ) M&T Bank November 2023 2.65 % one-month LIBOR 25,000 (1,038 ) (254 ) Regions Bank May 2020 2.12 % one-month LIBOR 50,000 (104 ) 271 Regions Bank December 2023 1.18 % one-month LIBOR 25,000 376 1,484 Regions Bank May 2029 2.11 % one-month LIBOR 25,000 (827 ) — Regions Bank June 2029 2.03 % one-month LIBOR 25,000 (651 ) — SunTrust Bank April 2024 1.99 % one-month LIBOR 25,000 (451 ) 554 SunTrust Bank April 2025 2.20 % one-month LIBOR 25,000 (781 ) 382 SunTrust Bank July 2025 1.99 % one-month LIBOR 25,000 (524 ) 728 SunTrust Bank December 2025 2.30 % one-month LIBOR 25,000 (993 ) 299 SunTrust Bank January 2026 1.93 % one-month LIBOR 25,000 (458 ) 903 U.S. Bank National Association June 2029 2.03 % one-month LIBOR 25,000 (681 ) — U.S. Bank National Association August 2029 1.35 % one-month LIBOR 25,000 881 — Wells Fargo Bank, N.A. February 2021 2.39 % one-month LIBOR 35,000 (302 ) 59 Wells Fargo Bank, N.A. October 2024 2.72 % one-month LIBOR 15,000 (795 ) (222 ) Wells Fargo Bank, N.A. April 2027 2.72 % one-month LIBOR 25,000 (1,845 ) (382 ) Wells Fargo Bank, N.A. January 2028 2.37 % one-month LIBOR 75,000 (3,914 ) 1,067 $ (21,560 ) $ 15,813 (a) Notional amount at December 31, 2018 was $5,051. (c) 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 are as follows: Total Interest Expense Amount of (Loss) Presented in the Gain Recognized in Consolidated Statements Accumulated Other Reclassification from Accumulated of Income and (in thousands) Comprehensive Other Comprehensive (Loss) Income Comprehensive For the years ended December 31, (Loss) Income Location Amount of Loss Income 2019 $ (37,372 ) Interest expense $ 1,492 $ 72,534 2018 10,584 Interest expense 910 52,855 2017 4,166 Interest expense 5,099 34,751 |
Noncontrolling Interest (Tables
Noncontrolling Interest (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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 years ended December 31, (in thousands) 2019 2018 2017 OP Units exchanged — 8 37 Shares of common stock received — 8 37 Value of shares/units exchanged $ — $ 684 $ 2,986 |
Equity (Tables)
Equity (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Equity [Abstract] | |
Summary of Redemptions | The following table summarizes the Company’s redemptions: For the years ended December 31, (in thousands, except number of redemptions) 2019 2018 2017 Number of redemptions requested 96 50 32 Number of shares 652 127 119 Aggregate redemption price $ 54,599 $ 10,304 $ 9,439 |
Earnings per Share (Tables)
Earnings per Share (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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 years ended December 31, (in thousands, except per share) 2019 2018 2017 Basic earnings: Net earnings attributable to Broadstone Net Lease, Inc. $ 79,394 $ 69,375 $ 54,799 Diluted earnings: Net earnings attributable to Broadstone Net Lease, Inc. $ 79,394 $ 69,375 $ 54,799 Net earnings attributable to non-controlling interests 5,720 5,730 4,756 $ 85,114 $ 75,105 $ 59,555 Basic and diluted weighted average shares outstanding: Weighted average number of common shares outstanding used in basic earnings per share 23,979 20,242 17,084 Effects of convertible OP Units 1,737 1,668 1,483 Weighted average number of common shares outstanding used in diluted earnings per share 25,716 21,910 18,567 Basic and diluted net earnings per common share $ 3.31 $ 3.43 $ 3.21 |
Income Taxes (Tables)
Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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 years ended December 31, Character of Distributions 2019 2018 2017 Ordinary dividends 43 % 55 % 51 % Capital gain distributions 8 % 8 % — % Return of capital distributions 49 % 37 % 49 % 100 % 100 % 100 % |
Commitments and Contingencies (
Commitments and Contingencies (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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) 2019 2018 Tenant improvement allowances $ 2,706 $ 2,125 |
Summary of Total Lease Costs Associated with Operating Leases | The following table summarizes the total lease costs associated with these leases, reported as a component of Property and operating expense in the accompanying Consolidated Statements of Income and Comprehensive Income: For the years ended December 31, (in thousands) 2019 2018 Operating lease costs $ 139 $ 59 Variable lease costs 46 23 Total lease costs $ 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 years ended December 31, (in thousands) 2019 2018 Operating lease payments $ 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, 2019, and a reconciliation to the lease liabilities, is as follows: (in thousands) 2020 $ 114 2021 114 2022 116 2023 118 2024 119 Thereafter 2,411 Total undiscounted cash flows 2,992 Less imputed interest (1,783 ) Lease liabilities $ 1,209 |
Subsequent Events (Tables)
Subsequent Events (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Subsequent Events [Abstract] | |
Summary of Earnout Tranches, Applicable VWAP of REIT Share and AFFO Per Share, and Applicable Earnout Periods | The earnout tranches, applicable VWAP of a REIT Share and AFFO per share, and the applicable Earnout Periods are as follows: If the Company has completed an IPO If the Company has not completed an IPO Earnout Tranche (a) VWAP of a REIT Share Applicable Earnout Period AFFO per Share Applicable Earnout Period $10 million $90.00 The two-year period beginning on the earlier of (i) the IPO closing date or (ii) December 31, 2020. $5.85 The two-year period consisting of the calendar years ended December 31, 2020 and December 31, 2021. $15 million $95.00 The two-year period beginning on the earlier of (i) the IPO closing date or (ii) December 31, 2020. $5.95 The two-year period consisting of the calendar years ended December 31, 2020 and December 31, 2021. $25 million $97.50 The four-year period beginning on the date that is exactly one year after the earnout period begins for the first and second tranches above. $6.30 The four-year period consisting of the calendar years ended December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. $25 million $100.00 The four-year period beginning on the date that is exactly one year after the earnout period begins for the first and second tranches above. $6.70 The four-year period consisting of the calendar years ended December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. (a) Initial contractual value of applicable earnout tranche based on an $85.00 price per share/unit of Common Stock and OP Units. Does not take into account the actual per share price of Common Stock and OP Units at the time an applicable earnout tranche may be earned and paid. |
Selected Quarterly Results (u_2
Selected Quarterly Results (unaudited) (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
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, 2019 and 2018: For the quarters 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 common share basic and diluted $ 0.62 $ 0.70 $ 0.95 $ 1.01 Weighted average number of common shares outstanding Basic 22,335 23,204 24,642 25,735 Diluted 24,072 24,941 26,379 27,472 For the quarters ended (in thousands, except per share) March 31, 2018 June 30, 2018 September 30, 2018 December 2018 Lease revenues $ 55,589 $ 57,032 $ 61,764 $ 63,094 Net income $ 18,995 $ 18,386 $ 23,064 $ 14,660 Net income attributable to non-controlling interests (1,422 ) (1,412 ) (1,797 ) (1,099 ) Net income attributable to Broadstone Net Lease, Inc. $ 17,573 $ 16,974 $ 21,267 $ 13,561 Net earnings per common share basic and diluted $ 0.92 $ 0.86 $ 1.03 $ 0.63 Weighted average number of common shares outstanding Basic 19,167 19,829 20,554 21,416 Diluted 20,719 21,478 22,291 23,154 |
Business Description - Addition
Business Description - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2019PropertyState | |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | |
Date of incorporation | Oct. 18, 2007 |
Number of leased commercial properties owned | Property | 646 |
Number of States in which properties located | State | 41 |
Business Description - Summary
Business Description - Summary of Economic Ownership Interest (Detail) - Broadstone Net Lease, LLC | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 |
Business Description [Line Items] | |||
Percentage of shares owned by, Corporation | 93.70% | 92.70% | 92.40% |
Percentage of shares owned by, non-controlling interest | 6.30% | 7.30% | 7.60% |
Equity Method Investment, Ownership Percentage | 100.00% | 100.00% | 100.00% |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies - Additional Information (Detail) | 12 Months Ended | |||||||
Dec. 31, 2019USD ($)Lease | Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) | Sep. 30, 2019 | Mar. 31, 2019 | Jan. 01, 2019USD ($) | Sep. 30, 2018 | Sep. 30, 2017 | |
Significant Accounting Policies [Line Items] | ||||||||
Impairment of real estate assets | $ 3,452,000 | $ 2,061,000 | $ 2,608,000 | |||||
Weighted average price per square foot | $ 226,000 | |||||||
Sale of real estate description | Company recognized real estate sales when all of the following criteria were met: (i) a sale was consummated, (ii) the buyer had demonstrated an adequate commitment to pay for the property, (iii) the Company’s receivable was not subject to future subordination, and (iv) the Company had transferred the risks and rewards of ownership to the buyer and did not have continuing involvement. | |||||||
Lessor operating lease description | A lease arrangement was classified as an operating lease if none of the following criteria were met: (i) ownership transferred to the lessee prior to or shortly after the end of the lease term, (ii) the lessee had a bargain purchase option during or at the end of the lease term, (iii) the lease term was greater than or equal to 75% of the underlying property’s estimated useful life, or (iv) the present value of the future minimum lease payments (excluding executory costs) was greater than or equal to 90% of the fair value of the leased property. If one or more of these criteria were met, and the minimum lease payments were determined to be reasonably predictable and collectible, the lease arrangement was generally accounted for as a direct financing lease. Consistent with ASC 840, Leases, if the fair value of the land component was 25% or more of the total fair value of the leased property, the land was considered separately from the building for purposes of applying the lease term and minimum lease payments criterion in (iii) and (iv) above | |||||||
Lease term as percentage of property's useful life | 75.00% | |||||||
Present value of future minimum lease payments as percentage of fair value of leased property | 90.00% | |||||||
Fair value of land component as percentage of leased property | 25.00% | |||||||
Obligation to fund capital improvements | $ 0 | |||||||
Percentage of income tax benefit likely of being realized upon settlement | more than 50% | |||||||
Uncertain tax positions | $ 0 | 0 | 0 | |||||
Lease liabilities | 1,209,000 | |||||||
Accounted for using the direct financing method | 41,890,000 | 42,000,000 | ||||||
Income taxes | 2,415,000 | 857,000 | 624,000 | |||||
Other Nonoperating Income (Expenses) | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Income taxes | 857,000 | $ 624,000 | ||||||
Prepaid Expenses And Other Assets | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Right-of-use assets | 1,614,000 | |||||||
Restricted cash | 377,000 | |||||||
Tenant and capital reserves | 1,136,000 | |||||||
Accounts Payable And Other Liabilities | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Lease liabilities | 1,209,000 | |||||||
Tenant improvement allowances | 2,706,000 | $ 2,125,000 | ||||||
ASU 2018-11 | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Right-of-use assets | $ 1,687,000 | |||||||
Lease liabilities | 1,261,000 | |||||||
Rent liability | 7,000 | |||||||
Ground lease | $ 432,000 | |||||||
ASU 2016-13 | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Accounted for using the direct financing method | $ 41,890,000 | |||||||
Percentage of total assets for investment in direct financing leases | 1.10% | |||||||
Number of individual leases | Lease | 16 | |||||||
Broadstone Net Lease, LLC | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Percentage of shares owned by, non-controlling interest | 6.30% | 7.30% | 7.60% | |||||
IPO | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Deferred offering costs | $ 668,000 | |||||||
Capitalization Rate | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Impaired assets at fair value assumptions used to estimate fair value | 14.58% | 14.58% | ||||||
Minimum | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Lease term | 9 years | |||||||
Minimum | Capitalization Rate | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Impaired assets at fair value assumptions used to estimate fair value | 7.50% | 7.25% | ||||||
Maximum | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Lease term | 29 years | |||||||
Maximum | Capitalization Rate | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Impaired assets at fair value assumptions used to estimate fair value | 10.00% | 12.00% | ||||||
Weighted Average | Discount Rate | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Impaired assets at fair value assumptions used to estimate fair value | 8.00% | 8.00% | 8.00% | 8.00% |
Summary of Significant Accoun_5
Summary of Significant Accounting Policies - Summary of Estimated Useful Life of Asset (Detail) | 12 Months Ended |
Dec. 31, 2019 | |
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 | P15Y |
Buildings and Improvements | Maximum | |
Property, Plant and Equipment [Line Items] | |
Assets estimated useful life | P39Y |
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, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Cash And Cash Equivalents [Abstract] | ||||
Escrow funds and other | $ 2,311 | $ 377 | ||
Undistributed 1031 proceeds | 5,545 | |||
Restricted cash | $ 7,856 | $ 377 | $ 744 | $ 1,468 |
Summary of Significant Accoun_7
Summary of Significant Accounting Policies - Summary of Rents Received in Advance (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Revenue From Contract With Customer [Abstract] | ||
Rents received in advance | $ 13,368 | $ 7,832 |
Summary of Significant Accoun_8
Summary of Significant Accounting Policies - Summary of Changes in the Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Accounts Notes Loans And Financing Receivable Gross Allowance And Net [Abstract] | |||
Balance as of January 1 | $ 2,086 | $ 742 | $ 323 |
Provision for doubtful accounts | 441 | 1,521 | 419 |
Write-offs | $ (2,527) | (177) | |
Balance as of December 31 | $ 2,086 | $ 742 |
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, 2019 | Dec. 31, 2018 |
Significant Accounting Policies [Line Items] | ||
Tenant reserve | $ 922 | $ 774 |
Capital reserve | 872 | 362 |
Tenant and capital reserves | $ 1,794 | $ 1,136 |
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, 2019 | Dec. 31, 2018 |
Unsecured Revolving Credit Facility | ||
Debt Issuance Costs Net Alternative [Line Items] | ||
Debt issuance costs | $ 4,692 | $ 3,431 |
Less accumulated amortization | (2,312) | (1,170) |
Debt issuance costs, net | 2,380 | 2,261 |
Mortgage And Notes Payable | ||
Debt Issuance Costs Net Alternative [Line Items] | ||
Debt issuance costs | 667 | 834 |
Less accumulated amortization | (309) | (335) |
Debt issuance costs, net | 358 | 499 |
Unsecured Term Notes | ||
Debt Issuance Costs Net Alternative [Line Items] | ||
Debt issuance costs | 9,898 | 6,997 |
Less accumulated amortization | (1,979) | (2,770) |
Debt issuance costs, net | $ 7,919 | $ 4,227 |
Summary of Significant Accou_11
Summary of Significant Accounting Policies - Balances of Financial Instruments Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | ||
Interest rate swap, assets | $ 2,911 | $ 17,633 |
Interest rate swap, liabilities | (24,471) | (1,820) |
Fair Value, Measurements, Recurring | ||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | ||
Interest rate swap, assets | 2,911 | 17,633 |
Interest rate swap, liabilities | (24,471) | (1,820) |
Interest rate derivatives, at fair value, net | (21,560) | 15,813 |
Fair Value, Measurements, Recurring | Level 2 | ||
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items] | ||
Interest rate swap, assets | 2,911 | 17,633 |
Interest rate swap, liabilities | (24,471) | (1,820) |
Interest rate derivatives, at fair value, net | $ (21,560) | $ 15,813 |
Summary of Significant Accou_12
Summary of Significant Accounting Policies - Summary of Carrying Amount Reported on Consolidated Balance (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Summary Of Significant Accounting Policies [Abstract] | ||
Carrying amount | $ 1,989,451 | $ 1,450,551 |
Fair value | $ 2,047,860 | $ 1,439,264 |
Summary of Significant Accou_13
Summary of Significant Accounting Policies - Summary of Right-of-Use Assets And Lease Liabilities Associated With Ground Leases Included In Consolidated Balance Sheets (Detail) $ in Thousands | Dec. 31, 2019USD ($) |
Lessor Lease Description [Line Items] | |
Lease liabilities | $ 1,209 |
Prepaid Expenses And Other Assets | |
Lessor Lease Description [Line Items] | |
Right-of-use assets | 1,614 |
Accounts Payable And Other Liabilities | |
Lessor Lease Description [Line Items] | |
Lease liabilities | $ 1,209 |
Summary of Significant Accou_14
Summary of Significant Accounting Policies - Summary of Reclassifications of Components of Revenue (Detail) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Revenues | |||||||||||
Rental income from operating leases | $ 279,515 | ||||||||||
Earned income from direct financing leases | 4,018 | ||||||||||
Other income from real estate transactions | 668 | ||||||||||
Total revenues | $ 84,931 | $ 76,401 | $ 69,053 | $ 68,430 | $ 63,094 | $ 61,764 | $ 57,032 | $ 55,589 | 298,815 | $ 237,479 | $ 181,563 |
Total revenues | $ 84,931 | $ 76,401 | $ 69,053 | $ 68,430 | $ 63,094 | $ 61,764 | $ 57,032 | $ 55,589 | $ 298,815 | 237,479 | 181,563 |
ASC 842 | As Originally Reported | |||||||||||
Revenues | |||||||||||
Rental income from operating leases | 222,208 | 170,493 | |||||||||
Earned income from direct financing leases | 3,941 | 4,141 | |||||||||
Operating expenses reimbursed from tenants | 11,221 | 6,721 | |||||||||
Other income from real estate transactions | 109 | 208 | |||||||||
Total revenues | 237,479 | 181,563 | |||||||||
Total revenues | $ 237,479 | $ 181,563 |
Related Party Transactions - Ad
Related Party Transactions - Additional Information (Detail) $ / shares in Units, shares in Thousands | Feb. 07, 2020Merger | Jul. 31, 2018USD ($) | Jun. 30, 2015USD ($)shares | Dec. 31, 2019USD ($)Property$ / sharesshares | Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) |
Related Party Transaction [Line Items] | ||||||
Gross rental percentage | 1.00% | 1.00% | ||||
Number of leased commercial properties owned | Property | 646 | |||||
Due to related parties | $ 114,000 | |||||
Issuance of shares of common stock | $ 395,091,000 | 268,496,000 | $ 313,490,000 | |||
Preferred distribution income | 440,000 | 737,000 | ||||
Redemptions of common stock value | 34,599,000 | 10,204,000 | 9,439,000 | |||
Manager and Asset Manager | ||||||
Related Party Transaction [Line Items] | ||||||
Due to related parties | $ 0 | 114,000 | ||||
BRE | ||||||
Related Party Transaction [Line Items] | ||||||
Issuance of shares of common stock, shares | shares | 139 | |||||
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 | $ 737,000 | ||||
Redemption of common stock | shares | 235 | |||||
Redemptions of common stock value | $ 20,000,000 | |||||
Redemption price per share | $ / shares | $ 85 | |||||
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% | |||||
Subsequent Event | ||||||
Related Party Transaction [Line Items] | ||||||
Number of mergers | Merger | 3 | |||||
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] | ||||||
Received advance operating interest rate | 1.00% | |||||
Received guarantee agreement interest rate | 0.05% | |||||
Advances or guarantees fees outstanding or received | $ 0 | |||||
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, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | $ 44,695 | $ 33,739 | $ 31,646 |
Asset Management Agreement | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 21,863 | 18,173 | 14,754 |
Property Management Fee | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 8,256 | 6,529 | 4,988 |
Management Fee Expense | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 30,119 | 24,702 | 19,742 |
Marketing Fee (Offering Costs) | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 1,649 | 1,158 | 1,380 |
Acquisition Fee | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 10,319 | 5,907 | 6,580 |
Leasing and Re-leasing Fees | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | 843 | 1,399 | 3,339 |
Disposition Fee | |||
Related Party Transaction [Line Items] | |||
Expenses incurred with related parties | $ 1,765 | $ 573 | $ 605 |
Acquisitions - Acquisitions Clo
Acquisitions - Acquisitions Closed - (Detail) $ in Thousands | Nov. 27, 2019USD ($)Property | Nov. 22, 2019USD ($)Property | Nov. 20, 2019USD ($)Property | Nov. 07, 2019USD ($)Property | Oct. 31, 2019USD ($)Property | Oct. 26, 2019USD ($)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. 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. 29, 2017USD ($)Property | Dec. 28, 2017USD ($)Property | Dec. 27, 2017USD ($)Property | Dec. 22, 2017USD ($)Property | Dec. 18, 2017USD ($)Property | Dec. 14, 2017USD ($)Property | Dec. 08, 2017USD ($)Property | Dec. 07, 2017USD ($)Property | Nov. 01, 2017USD ($)Property | Oct. 13, 2017USD ($)Property | Sep. 29, 2017USD ($)Property | Sep. 13, 2017USD ($)Property | Aug. 31, 2017USD ($)Property | Aug. 04, 2017USD ($)Property | Jul. 07, 2017USD ($)Property | Jun. 30, 2017USD ($)Property | Jun. 15, 2017USD ($)Property | Jun. 02, 2017USD ($)Property | Apr. 28, 2017USD ($)Property | Mar. 01, 2017USD ($)Property | Jan. 18, 2017USD ($)Property | Dec. 31, 2019USD ($)Property | Dec. 31, 2018USD ($)Property | Dec. 31, 2017USD ($)Property |
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 74 | 113 | 124 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 1,031,881 | $ 606,825 | $ 683,644 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Healthcare | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | Healthcare | ||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 5 | 1 | 5 | 18 | 1 | 6 | 4 | 6 | 1 | 1 | 3 | 3 | 7 | 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 27,277 | $ 4,747 | $ 14,037 | $ 93,129 | $ 20,312 | $ 46,100 | $ 17,448 | $ 19,868 | $ 5,095 | $ 10,000 | $ 16,700 | $ 11,732 | $ 25,989 | $ 13,300 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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 | Industrial | Industrial | |||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 | |||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 6,500 | $ 8,816 | $ 11,185 | $ 4,404 | $ 11,330 | $ 11,180 | $ 76,000 | $ 25,801 | $ 10,217 | $ 10,035 | $ 18,250 | $ 4,802 | $ 11,212 | $ 10,400 | $ 38,340 | $ 39,700 | $ 8,500 | $ 22,000 | $ 28,450 | $ 19,000 | $ 57,372 | $ 6,148 | $ 12,250 | |||||||||||||||||||||||||||||||||||||||||
Retail | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | Retail | |||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 2 | 1 | 1 | 2 | 14 | 10 | 2 | 3 | 1 | 20 | 5 | 2 | 1 | 6 | 9 | 1 | 5 | 2 | 25 | 9 | 1 | |||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 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 | $ 28,224 | $ 1,446 | $ 4,994 | $ 2,700 | $ 48,898 | $ 87,196 | $ 2,520 | |||||||||||||||||||||||||||||||||||||||||||
Office | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Office | Office | Office | Office | Office | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 1 | 1 | 2 | 1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 30,589 | $ 34,670 | $ 24,500 | $ 19,295 | $ 32,210 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Restaurant | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Restaurant | Restaurant | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 3,142 | $ 3,214 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industrial/Office | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Industrial/Office | Industrial/Office | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 23 | 3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 735,740 | $ 74,200 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | Other | Other | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | 1 | 4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 16,170 | $ 22,585 | $ 15,693 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industrial/Retail | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property Type | Industrial/Retail | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 30,012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industrial | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 21,037 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Retail | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Properties | Property | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 39,552 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Healthcare | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Real Estate Acquisition Price | $ 2,678 |
Acquisitions - Acquisitions C_2
Acquisitions - Acquisitions Closed (Parenthetical) - (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Business Acquisition [Line Items] | |||
Mortgages assumed | $ 49,782 | $ 20,845 | $ 11,926 |
Interest rate | 4.92% | 4.36% | |
Mortgage, Maturity date | Feb. 29, 2028 | Aug. 31, 2025 | |
Acquisition costs capitalized | $ 17,631 | $ 12,643 | 12,349 |
Healthcare | |||
Business Acquisition [Line Items] | |||
Mortgages assumed | $ 5,205 | ||
Mortgage, Maturity date | Aug. 31, 2021 | ||
Interest rate | one-month LIBOR plus 3.0% | ||
Healthcare | LIBOR | |||
Business Acquisition [Line Items] | |||
Interest rate | 3.00% | ||
Healthcare | Interest Rate Swap | |||
Business Acquisition [Line Items] | |||
Derivative, Fixed rate | 1.02% | ||
Derivative, Maturity date | Aug. 31, 2021 | ||
Other | |||
Business Acquisition [Line Items] | |||
Mortgages assumed | $ 6,721 | ||
Interest rate | 3.65% | ||
Mortgage, Maturity date | Oct. 31, 2026 | ||
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 - Purchase Price A
Acquisitions - Purchase Price Allocation for Acquisitions (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 |
Business Acquisition [Line Items] | |||
Direct financing investments | $ 430 | $ 3,546 | |
Mortgages payable | $ (49,782) | (20,845) | (11,926) |
Non-real estate liabilities | (56) | (2,777) | |
Business combination, recognized identifiable assets acquired and liabilities assumed, assets | 999,730 | 598,567 | 681,289 |
Land | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 161,182 | 72,559 | 67,945 |
Land Improvements | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 47,391 | 32,498 | 54,804 |
Buildings and Improvements | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 772,998 | 454,391 | 508,541 |
Equipment | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, property, plant, and equipment | 2,892 | 7,671 | |
Acquired In-Place Leases | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets | 80,952 | 62,631 | 77,073 |
Acquired Above-Market Leases | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets | 2,800 | 5,538 | 14,905 |
Acquired Below-Market Leases | |||
Business Acquisition [Line Items] | |||
Business combination, recognized identifiable assets acquired and liabilities assumed, Intangible assets | $ (15,811) | $ (11,471) | $ (38,493) |
Acquisitions - Purchase Price_2
Acquisitions - Purchase Price Allocation for Acquisitions (Parenthetical) - (Detail) | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Acquired In-Place Leases | |||
Business Acquisition [Line Items] | |||
Weighted average amortization period | 13 years | 13 years | 15 years |
Acquired Above-Market Leases | |||
Business Acquisition [Line Items] | |||
Weighted average amortization period | 18 years | 16 years | 17 years |
Acquired Below-Market Leases | |||
Business Acquisition [Line Items] | |||
Weighted average amortization period | 10 years | 13 years | 19 years |
Sale of Real Estate - Schedule
Sale of Real Estate - Schedule of Sale of Real Estate (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019USD ($)Property | Dec. 31, 2018USD ($)Property | Dec. 31, 2017USD ($)Property | |
Real Estate [Line Items] | |||
Number of properties disposed | Property | 49 | 20 | 13 |
Aggregate sale price | $ 176,486 | $ 57,402 | $ 66,532 |
Aggregate carrying value | (138,845) | (43,492) | (50,339) |
Gain on sale of real estate | 29,914 | 10,496 | 12,992 |
Real Estate | |||
Real Estate [Line Items] | |||
Additional sales expenses | (7,727) | (3,414) | (3,201) |
Gain on sale of real estate | $ 29,914 | $ 10,496 | $ 12,992 |
Investment in Rental Property_3
Investment in Rental Property and Lease Arrangements - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2019Property | |
Lessor Lease Description [Line Items] | |
Number of real estate properties under operating leases | 626 |
Number of real estate properties under direct financing leases | 16 |
Number of real estate properties under direct financing leases that include land option | 4 |
Lessor, operating lease, existence of option to extend | true |
Lessor, direct financing 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, 2019 | Dec. 31, 2018 |
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | $ 3,686,444 | $ 2,848,735 |
Less accumulated depreciation | (271,044) | (206,989) |
Rental property subject to non-cancelable operating leases, net | 3,415,400 | 2,641,746 |
Land | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | 548,911 | 411,043 |
Land Improvements | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | 275,470 | 239,701 |
Buildings and Improvements | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | 2,850,571 | 2,186,499 |
Equipment | ||
Property Subject To Or Available For Operating Lease [Line Items] | ||
Rental property subject to non-cancelable operating leases, gross | $ 11,492 | $ 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, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Leases [Abstract] | |||
Depreciation | $ 83,797 | $ 66,055 | $ 50,360 |
Investment in Rental Property_6
Investment in Rental Property and Lease Arrangements - Estimated Lease Payments to be Received under Non-cancelable Operating Leases (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Lessor Operating Lease Payments Fiscal Year Maturity [Abstract] | ||
2020 | $ 290,974 | $ 231,725 |
2021 | 295,713 | 235,426 |
2022 | 298,938 | 238,223 |
2023 | 302,017 | 240,083 |
2024 | 297,121 | 241,498 |
Thereafter | 2,280,973 | 2,007,118 |
Estimated minimum future rental receipts required under non-cancelable operating leases | $ 3,765,736 | $ 3,194,073 |
Investment in Rental Property_7
Investment in Rental Property and Lease Arrangements - Minimum Future Rental Receipts Required under Non-cancelable Operating Leases (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Lessor Operating Lease Payments Fiscal Year Maturity [Abstract] | ||
2019 | $ 290,974 | $ 231,725 |
2020 | 295,713 | 235,426 |
2021 | 298,938 | 238,223 |
2022 | 302,017 | 240,083 |
2023 | 297,121 | 241,498 |
Thereafter | 2,280,973 | 2,007,118 |
Estimated minimum future rental receipts required under non-cancelable operating leases | $ 3,765,736 | $ 3,194,073 |
Investment in Rental Property_8
Investment in Rental Property and Lease Arrangements - Net Investment in Direct Financing Leases (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Leases [Abstract] | ||
Undiscounted estimated lease payments to be received | $ 72,753 | $ 76,829 |
Estimated unguaranteed residual values | 20,358 | 20,358 |
Unearned revenue | (51,221) | (55,187) |
Net investment in direct financing leases | $ 41,890 | $ 42,000 |
Investment in Rental Property_9
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, 2019USD ($) |
Sales Type And Direct Financing Leases Lease Receivable Fiscal Year Maturity [Abstract] | |
2020 | $ 4,194 |
2021 | 4,283 |
2022 | 4,369 |
2023 | 4,456 |
2024 | 4,539 |
Thereafter | 50,912 |
Undiscounted estimated lease payments to be received under non-cancelable direct financing leases | $ 72,753 |
Investment in Rental Propert_10
Investment in Rental Property and Lease Arrangements - Minimum Future Rental Receipts Required under Non-cancelable Direct Financing Leases (Detail) $ in Thousands | Dec. 31, 2018USD ($) |
Capital Leases Future Minimum Payments Receivable [Abstract] | |
2019 | $ 4,076 |
2020 | 4,194 |
2021 | 4,283 |
2022 | 4,369 |
2023 | 4,456 |
Thereafter | 55,451 |
Minimum future rental receipts required under non-cancelable direct financing leases | $ 76,829 |
Investment in Rental Propert_11
Investment in Rental Property and Lease Arrangements - Summary of Amounts Reported as Lease Revenues on the Condensed Consolidated Statements of Income and Comprehensive Income (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2019USD ($) | |
Income Statement [Abstract] | |
Contractual rental amounts billed for operating leases | $ 257,695 |
Adjustment to recognize contractual operating lease billings on a straight-line basis | 22,109 |
Percentage rent income | 152 |
Adjustment to revenue recognized for uncollectible rental amounts billed | (441) |
Total operating lease rental revenues | 279,515 |
Earned income from direct financing leases | 4,018 |
Operating expenses billed to tenants | 14,614 |
Other income from real estate transactions | 668 |
Total lease revenues | $ 298,815 |
Intangible Assets and Liabili_3
Intangible Assets and Liabilities - Schedule of Intangible Assets and Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Lease intangibles: | ||
Intangible lease assets, net | $ 331,894 | $ 286,258 |
Acquired below-market leases | 113,862 | 101,602 |
Less accumulated amortization | (21,640) | (15,655) |
Intangible lease liabilities, net | 92,222 | 85,947 |
Leasing fees | 17,013 | 17,274 |
Less accumulated amortization | (4,166) | (3,576) |
Leasing fees, net | 12,847 | 13,698 |
Acquired Above-Market Leases | ||
Lease intangibles: | ||
Intangible lease assets, gross | 62,136 | 64,164 |
Less accumulated amortization | (17,433) | (14,740) |
Intangible lease assets, net | 44,703 | 49,424 |
Acquired In-Place Leases | ||
Lease intangibles: | ||
Intangible lease assets, gross | 349,645 | 277,659 |
Less accumulated amortization | (62,454) | (40,825) |
Intangible lease assets, net | $ 287,191 | $ 236,834 |
Intangible Assets and Liabili_4
Intangible Assets and Liabilities - Schedule of Amortization for Intangible Lease Assets and Liabilities (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Acquired In-Place Leases | Depreciation and Amortization | |||
Finite Lived Intangible Assets [Line Items] | |||
Acquired in-place leases and leasing fees | $ 25,021 | $ 17,939 | $ 11,903 |
Above and Below Market Leases | Increase (Decrease) to Lease Revenues | |||
Finite Lived Intangible Assets [Line Items] | |||
Acquired in-place leases and leasing fees | $ 3,419 | $ 304 | $ (496) |
Intangible Assets and Liabili_5
Intangible Assets and Liabilities - Schedule of Amortizable Intangible Assets (Detail) $ in Thousands | Dec. 31, 2019USD ($) |
Goodwill And Intangible Assets Disclosure [Abstract] | |
2020 | $ 23,876 |
2021 | 23,534 |
2022 | 22,985 |
2023 | 22,648 |
2024 | 21,876 |
Thereafter | 137,600 |
Total | $ 252,519 |
Notes Receivable - Additional I
Notes Receivable - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
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 | $ 445 | |
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) | Aug. 28, 2019USD ($) | Aug. 02, 2019USD ($) | Jul. 01, 2019 | Feb. 27, 2019USD ($) | Sep. 27, 2018USD ($) | Sep. 13, 2018USD ($) | Jul. 02, 2018USD ($) | Jun. 23, 2017USD ($)BankOption | Apr. 18, 2017USD ($) | Dec. 31, 2019 | Jun. 30, 2019 | Dec. 31, 2019USD ($) | Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) | Feb. 28, 2019USD ($) | Jan. 31, 2019Option | Nov. 20, 2017USD ($) |
Debt Instrument [Line Items] | |||||||||||||||||
Additional borrowing capacity | $ 80,000,000 | ||||||||||||||||
Revolving credit facility, available borrowing capacity | 880,000,000 | ||||||||||||||||
Debt instrument, term | 119 months | ||||||||||||||||
Weighted average interest rate on all outstanding borrowings | 3.68% | 3.68% | 4.23% | ||||||||||||||
Cost of debt extinguishment | $ (1,176,000) | $ (101,000) | $ (5,151,000) | ||||||||||||||
Deferred debt issuance costs, charged to interest expense | 2,542,000 | $ 1,776,000 | 1,893,000 | ||||||||||||||
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 | $ 328,000 | ||||||||||||||||
Unamortized debt issuance costs | $ 654,000 | ||||||||||||||||
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 | ||||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||||
2024 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Debt instrument, face amount | $ 190,000,000 | ||||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||||
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] | |||||||||||||||||
Maturity date | Jul. 2, 2028 | Jul. 31, 2028 | |||||||||||||||
Debt instrument, face amount | $ 225,000,000 | ||||||||||||||||
Proceeds from issuance of debt | $ 125,000,000 | $ 100,000,000 | |||||||||||||||
Debt instrument, interest rate | 5.09% | 5.09% | 5.09% | ||||||||||||||
Senior Guaranteed Notes Series C | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Jul. 2, 2030 | Jul. 31, 2030 | |||||||||||||||
Debt instrument, face amount | $ 100,000,000 | ||||||||||||||||
Proceeds from issuance of debt | $ 50,000,000 | $ 50,000,000 | |||||||||||||||
Debt instrument, interest rate | 5.19% | 5.19% | 5.19% | ||||||||||||||
Baa3 Rating | Revolving Credit Facility | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.20% | ||||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||||
Baa3 Rating | 2023 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.35% | ||||||||||||||||
Baa3 Rating | 2024 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.25% | ||||||||||||||||
2019 Unsecured Term Loan Agreement | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
One time non pro rata paydown amount | $ 50,000,000 | ||||||||||||||||
One Time Pro Rata Pay Down Amount | $ 25,000,000 | ||||||||||||||||
Repayment of borrowing | $ 300,000,000 | ||||||||||||||||
2019 Unsecured Term Loan Agreement | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Feb. 29, 2020 | ||||||||||||||||
Repayments on unsecured term loan | $ 25,000,000 | ||||||||||||||||
2019 Unsecured Term Loan Agreement | 1 Month LIBOR | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Number of option available to extend maturity period | Option | 2 | ||||||||||||||||
2019 Unsecured Term Loan Agreement | 1 Month LIBOR | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.40% | ||||||||||||||||
Two Thousand Nineteen Unsecured Term Loan Agreement | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Feb. 28, 2019 | ||||||||||||||||
Two Thousand Nineteen Unsecured Term Loan Agreement | Baa3 Rating | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.40% | ||||||||||||||||
Two Thousand Nineteen Unsecured Term Loan Agreement | 1 Month LIBOR | Minimum | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 0.90% | ||||||||||||||||
Two Thousand Nineteen Unsecured Term Loan Agreement | 1 Month LIBOR | Maximum | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.75% | ||||||||||||||||
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 | Revolving Credit Facility | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Jan. 21, 2022 | ||||||||||||||||
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 | ||||||||||||||||
Number of option available to extend maturity period | Option | 1 | ||||||||||||||||
Maturity extension period | 5 months | ||||||||||||||||
Maturity extension fee percentage | 0.0625% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | Revolving Credit Facility | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Jan. 31, 2022 | ||||||||||||||||
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 | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Jan. 31, 2023 | ||||||||||||||||
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 | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Jun. 30, 2024 | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | Minimum | Revolving Credit Facility | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Commitment fee percentage | 0.13% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | Minimum | 2024 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 0.85% | 1.50% | 1.90% | ||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | Maximum | Revolving Credit Facility | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Commitment fee percentage | 0.30% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | Maximum | 2024 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.65% | 2.45% | |||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 1 Month LIBOR | Revolving Credit Facility | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.20% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 1 Month LIBOR | 2023 Unsecured Term Loan | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.35% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | 1 Month LIBOR | 2024 Unsecured Term Loan | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.25% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | LIBOR | Minimum | Revolving Credit Facility | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 0.825% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | LIBOR | Minimum | 2023 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 0.90% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | LIBOR | Minimum | 2024 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 0.85% | 1.50% | |||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | LIBOR | Maximum | Revolving Credit Facility | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.55% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | LIBOR | Maximum | 2023 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.75% | ||||||||||||||||
Unsecured Revolving Credit and Term Loan Agreement | LIBOR | Maximum | 2024 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.65% | 2.45% | |||||||||||||||
2026 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Feb. 27, 2026 | ||||||||||||||||
Debt instrument, face amount | $ 450,000,000 | ||||||||||||||||
Line of credit, maximum accordion feature | $ 550,000,000 | ||||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||||
Debt instrument, term | 7 years | ||||||||||||||||
Remaining borrowing capacity | $ 150,000,000 | ||||||||||||||||
2026 Unsecured Term Loan | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Feb. 28, 2026 | ||||||||||||||||
2026 Unsecured Term Loan | 1 Month LIBOR | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Basis spread on variable rate | 1.85% | ||||||||||||||||
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% | ||||||||||||||||
2020 Unsecured Term Loan | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Aug. 2, 2020 | ||||||||||||||||
Debt instrument, face amount | $ 300,000,000 | ||||||||||||||||
Commitment fee percentage | 0.25% | ||||||||||||||||
Proceeds from issuance of debt | $ 300,000,000 | ||||||||||||||||
2020 Unsecured Term Loan | Unsecured Debt | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Aug. 31, 2020 | ||||||||||||||||
Basis spread on variable rate | 1.25% | ||||||||||||||||
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% | ||||||||||||||||
2017 Senior Notes | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Maturity date | Apr. 18, 2017 | ||||||||||||||||
Debt instrument, term | 10 years | ||||||||||||||||
Proceeds from issuance of debt | $ 150,000,000 | ||||||||||||||||
Debt instrument, interest rate | 4.84% | ||||||||||||||||
Issuance date | Apr. 18, 2027 | ||||||||||||||||
2017 Senior Notes | 10-Year U.S. Treasury Yield | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Debt instrument basis spread on reference rate | 2.40% | ||||||||||||||||
Two Thousand Twenty Six Unsecured Term Loan And Amended Unsecured Revolving Credit And Term Loan Agreement And Two Thousand Twenty Unsecured Term Loan | |||||||||||||||||
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 | ||||||||||||||||
Senior Guaranteed Notes Series A | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Debt issuance costs incurred | $ 8,711,000 | ||||||||||||||||
New Debt Agreements [Member] | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Unamortized debt issuance costs | $ 6,543,000 | ||||||||||||||||
Deferred debt issuance costs, charged to interest expense | 5,810,000 | ||||||||||||||||
Restated Term Loan Agreement | |||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||
Cost of debt extinguishment | $ 2,901,000 |
Unsecured Credit Agreements - S
Unsecured Credit Agreements - Summary of Unsecured Credit Agreements (Detail) - USD ($) $ in Thousands | Aug. 02, 2019 | Feb. 27, 2019 | Jul. 02, 2018 | Jun. 23, 2017 | Dec. 31, 2019 | Dec. 31, 2018 |
Debt Instrument [Line Items] | ||||||
Carrying amount of debt | $ 1,989,451 | $ 1,450,551 | ||||
Long-term Debt | 1,989,451 | |||||
2020 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Maturity Date | Aug. 2, 2020 | |||||
Unsecured Revolving Credit and Term Loan Agreement | Revolving Credit Facility | ||||||
Debt Instrument [Line Items] | ||||||
Maturity Date | Jan. 21, 2022 | |||||
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 | 2024 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.90% | |||||
2026 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Maturity Date | Feb. 27, 2026 | |||||
Unsecured Debt | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount of debt | 1,877,300 | $ 1,371,100 | ||||
Debt issuance costs, net | (7,919) | (4,227) | ||||
Long-term Debt | $ 1,869,381 | 1,366,873 | ||||
Unsecured Debt | Senior Guaranteed Notes Series A | ||||||
Debt Instrument [Line Items] | ||||||
Debt instrument, interest rate | 4.84% | |||||
Maturity Date | Apr. 30, 2027 | |||||
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 | Jul. 2, 2028 | Jul. 31, 2028 | ||||
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 | Jul. 2, 2030 | Jul. 31, 2030 | ||||
Carrying amount of debt | $ 100,000 | 100,000 | ||||
Unsecured Debt | Senior Guaranteed Notes Series | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount of debt | $ 475,000 | 475,000 | ||||
Unsecured Debt | 2019 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Interest Rate | one-month LIBOR + 1.40% | |||||
Maturity Date | Feb. 29, 2020 | |||||
Carrying amount of debt | 300,000 | |||||
Unsecured Debt | 2019 Unsecured Term Loan | 1 Month LIBOR | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.40% | |||||
Unsecured Debt | 2020 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Interest Rate | one-month LIBOR + 1.25% | |||||
Maturity Date | Aug. 31, 2020 | |||||
Basis spread on variable rate | 1.25% | |||||
Carrying amount of debt | $ 300,000 | |||||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount of debt | $ 652,300 | 596,100 | ||||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | Revolving Credit Facility | ||||||
Debt Instrument [Line Items] | ||||||
Interest Rate | one-month LIBOR + 1.20% | |||||
Maturity Date | Jan. 31, 2022 | |||||
Carrying amount of debt | $ 197,300 | 141,100 | ||||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | Revolving Credit Facility | 1 Month LIBOR | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.20% | |||||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | 2023 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Interest Rate | one-month LIBOR + 1.35% | |||||
Maturity Date | Jan. 31, 2023 | |||||
Carrying amount of debt | $ 265,000 | 265,000 | ||||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | 2023 Unsecured Term Loan | 1 Month LIBOR | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.35% | |||||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | 2024 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Interest Rate | one-month LIBOR + 1.25% | |||||
Maturity Date | Jun. 30, 2024 | |||||
Carrying amount of debt | $ 190,000 | $ 190,000 | ||||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | 2024 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 | Feb. 28, 2026 | |||||
Carrying amount of debt | $ 450,000 | |||||
Unsecured Debt | 2026 Unsecured Term Loan | 1 Month LIBOR | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.85% |
Unsecured Credit Agreements -_2
Unsecured Credit Agreements - Summary of Unsecured Credit Agreements (Parenthetical) (Detail) $ in Thousands | 6 Months Ended | 12 Months Ended | ||||
Dec. 31, 2019USD ($) | Jun. 30, 2019 | Dec. 31, 2019USD ($) | Dec. 31, 2018USD ($) | Jan. 31, 2019Option | Jun. 23, 2017Option | |
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 1,989,451 | $ 1,989,451 | $ 1,450,551 | |||
Maturity extension fee on outstanding principal balance percentage | 0.05% | 0.05% | ||||
2020 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Debt instrument extension options, description | two six-month extensions | |||||
1 Month LIBOR | 2019 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Number of option available to extend maturity period | Option | 2 | |||||
Revolving Credit Facility | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Number of option available to extend maturity period | Option | 1 | |||||
2024 Unsecured Term Loan | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.90% | |||||
2024 Unsecured Term Loan | Unsecured Revolving Credit and Term Loan Agreement | Minimum | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 0.85% | 1.50% | 1.90% | |||
2024 Unsecured Term Loan | Unsecured Revolving Credit and Term Loan Agreement | Maximum | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.65% | 2.45% | ||||
Unsecured Debt | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 1,877,300 | $ 1,877,300 | $ 1,371,100 | |||
Unsecured Debt | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | 652,300 | 652,300 | 596,100 | |||
Unsecured Debt | 2019 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 300,000 | |||||
Unsecured Debt | 2020 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 300,000 | $ 300,000 | ||||
Basis spread on variable rate | 1.25% | |||||
Unsecured Debt | 1 Month LIBOR | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate | 1.76% | 1.76% | 2.35% | |||
Unsecured Debt | 1 Month LIBOR | 2019 Unsecured Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.40% | |||||
Unsecured Debt | Swingline Revolving Credit Facility | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 15,000 | |||||
Unsecured Debt | Swingline Revolver | 2012 Unsecured Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 15,000 | |||||
Basis spread on variable rate | 5.45% | |||||
Unsecured Debt | Revolving Credit Facility | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 197,300 | $ 197,300 | $ 141,100 | |||
Unsecured Debt | Revolving Credit Facility | 1 Month LIBOR | 2012 Unsecured Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 126,100 | |||||
Basis spread on variable rate | 1.20% | |||||
Unsecured Debt | Revolving Credit Facility | 1 Month LIBOR | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.20% | |||||
Unsecured Debt | 2024 Unsecured Term Loan | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Carrying amount | $ 190,000 | $ 190,000 | $ 190,000 | |||
Unsecured Debt | 2024 Unsecured Term Loan | 1 Month LIBOR | Unsecured Revolving Credit and Term Loan Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 1.25% |
Unsecured Credit Agreements -_3
Unsecured Credit Agreements - Summary of Debt Issuance Cost Amortization Related to Unsecured Revolving Credit Facility, Mortgages and Notes Payable, and Unsecured Term Notes (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Debt Disclosure [Abstract] | |||
Debt issuance costs amortization | $ 2,685 | $ 1,918 | $ 1,794 |
Mortgages and Notes Payable - S
Mortgages and Notes Payable - Summary of Mortgages and Notes Payable (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Debt Instrument [Line Items] | ||
Mortgages and notes payable | $ 1,989,451 | $ 1,450,551 |
Mortgages and notes payable, net | 111,793 | 78,952 |
Secured Debt | ||
Debt Instrument [Line Items] | ||
Mortgages and notes payable | 112,151 | 79,451 |
Debt issuance costs, net | $ (358) | (499) |
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 | $ 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 | $ 20,318 | 20,674 |
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 | $ 17,885 | 18,260 |
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 | $ 10,888 | 11,288 |
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 | $ 7,788 | 8,496 |
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 | $ 4,913 | 5,051 |
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 | 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 | 563 |
Symetra Financial | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2017-11 | |
Maturity Date | 2026-10 | |
Debt instrument, interest rate | 3.65% | |
Mortgages and notes payable | 6,467 | |
Columbian Mutual Life Insurance Company | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2010-08 | |
Maturity Date | 2025-09 | |
Debt instrument, interest rate | 7.00% | |
Mortgages and notes payable | 1,459 | |
Legg Mason Mortgage Capital | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2010-08 | |
Maturity Date | 2022-08 | |
Debt instrument, interest rate | 7.06% | |
Mortgages and notes payable | 4,692 | |
Standard Insurance Company Due May 2034 | Secured Debt | ||
Debt Instrument [Line Items] | ||
Origination Date | 2009-04 | |
Maturity Date | 2034-05 | |
Debt instrument, interest rate | 6.88% | |
Mortgages and notes payable | $ 1,751 |
Mortgages and Notes Payable -_2
Mortgages and Notes Payable - Summary of Mortgages and Notes Payable (Parenthetical) (Detail) | 12 Months Ended |
Dec. 31, 2019 | |
Debt Instrument [Line Items] | |
Term of note | 119 months |
Commercial Mortgage Rate | |
Debt Instrument [Line Items] | |
Term of note | 5 years |
Mortgages and Notes Payable - A
Mortgages and Notes Payable - Additional Information (Detail) $ in Thousands | Dec. 31, 2019USD ($) |
Debt Disclosure [Abstract] | |
Investment in rental property pledges as collateral | $ 178,670 |
Mortgages and Notes Payable -_3
Mortgages and Notes Payable - Summary of Extinguished Mortgages (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019USD ($)Mortgage | Dec. 31, 2018USD ($)Mortgage | Dec. 31, 2017USD ($)Mortgage | |
Debt Disclosure [Abstract] | |||
Number of mortgages | Mortgage | 4 | 2 | 7 |
Outstanding balance of mortgages | $ | $ 13,905 | $ 6,666 | $ 48,108 |
Mortgages and Notes Payable -_4
Mortgages and Notes Payable - Summary of Cost Extinguished Mortgages (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Secured Debt | |||
Debt Instrument [Line Items] | |||
Cost of mortgage extinguishment | $ 842 | $ 101 | $ 1,596 |
Mortgages and Notes Payable -_5
Mortgages and Notes Payable - Schedule of Estimated Future Principal Payments (Detail) $ in Thousands | Dec. 31, 2019USD ($) |
Debt Disclosure [Abstract] | |
2020 | $ 303,210 |
2021 | 18,028 |
2022 | 200,230 |
2023 | 273,356 |
2024 | 192,287 |
Thereafter | 1,002,340 |
Long-term Debt | $ 1,989,451 |
Interest Rate Swaps - Summary o
Interest Rate Swaps - Summary of Interest-rate Swap Agreements (Detail) - Interest Rate Swap - USD ($) | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Derivative [Line Items] | ||
Fair Value | $ (21,560,000) | $ 15,813,000 |
Bank of America | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Nov. 30, 2023 | |
Derivative, Fixed rate | 2.80% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,136,000) | (411,000) |
Bank of Montreal One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jul. 31, 2024 | |
Derivative, Fixed rate | 1.16% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 40,000,000 | |
Fair Value | $ 740,000 | 2,702,000 |
Bank of Montreal Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jan. 31, 2025 | |
Derivative, Fixed rate | 1.91% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (402,000) | 769,000 |
Bank of Montreal Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jul. 31, 2025 | |
Derivative, Fixed rate | 2.32% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (970,000) | 222,000 |
Bank of Montreal Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jan. 31, 2026 | |
Derivative, Fixed rate | 1.92% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (448,000) | 915,000 |
Bank of Montreal Five | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jan. 31, 2026 | |
Derivative, Fixed rate | 2.05% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 40,000,000 | |
Fair Value | $ (1,014,000) | 1,130,000 |
Bank of Montreal Six | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2026 | |
Derivative, Fixed rate | 2.33% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 10,000,000 | |
Fair Value | $ (460,000) | 132,000 |
Bank of Montreal Seven | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2026 | |
Derivative, Fixed rate | 1.99% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (577,000) | |
Bank of Montreal Eight | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2027 | |
Derivative, Fixed rate | 2.37% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,306,000) | 355,000 |
Bank of Montreal Nine | ||
Derivative [Line Items] | ||
Derivative, Maturity date | May 31, 2029 | |
Derivative, Fixed rate | 2.09% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (799,000) | |
Capital One, National Association One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2021 | |
Derivative, Fixed rate | 1.05% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ 143,000 | 605,000 |
Capital One, National Association Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2024 | |
Derivative, Fixed rate | 1.58% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ 10,000 | 727,000 |
Capital One, National Association Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jan. 31, 2026 | |
Derivative, Fixed rate | 2.08% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 35,000,000 | |
Fair Value | $ (911,000) | 930,000 |
Capital One, National Association Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Apr. 30, 2026 | |
Derivative, Fixed rate | 2.68% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ (944,000) | (189,000) |
Capital One, National Association Five | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jul. 31, 2026 | |
Derivative, Fixed rate | 1.32% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 35,000,000 | |
Fair Value | $ 720,000 | 2,877,000 |
Capital One, National Association Six | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2027 | |
Derivative, Fixed rate | 2.37% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,278,000) | 345,000 |
M&T Bank | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Aug. 31, 2021 | |
Derivative, Fixed rate | 1.02% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 4,912,000 | 5,051,000 |
Fair Value | $ 41,000 | 177,000 |
M&T Bank One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Sep. 30, 2022 | |
Derivative, Fixed rate | 2.83% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (862,000) | (362,000) |
M&T Bank Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Nov. 30, 2023 | |
Derivative, Fixed rate | 2.65% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,038,000) | (254,000) |
Regions Bank | ||
Derivative [Line Items] | ||
Derivative, Maturity date | May 31, 2020 | |
Derivative, Fixed rate | 2.12% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 50,000,000 | |
Fair Value | $ (104,000) | 271,000 |
Regions Bank One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2023 | |
Derivative, Fixed rate | 1.18% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ 376,000 | 1,484,000 |
Regions Bank Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | May 31, 2029 | |
Derivative, Fixed rate | 2.11% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (827,000) | |
Regions Bank Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jun. 30, 2029 | |
Derivative, Fixed rate | 2.03% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (651,000) | |
Sun Trust Bank One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Apr. 30, 2024 | |
Derivative, Fixed rate | 1.99% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (451,000) | 554,000 |
Sun Trust Bank Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Apr. 30, 2025 | |
Derivative, Fixed rate | 2.20% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (781,000) | 382,000 |
Sun Trust Bank Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jul. 31, 2025 | |
Derivative, Fixed rate | 1.99% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (524,000) | 728,000 |
Sun Trust Bank Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Dec. 31, 2025 | |
Derivative, Fixed rate | 2.30% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (993,000) | 299,000 |
Sun Trust Bank Five | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jan. 31, 2026 | |
Derivative, Fixed rate | 1.93% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (458,000) | 903,000 |
U.S. Bank National Association | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jun. 30, 2029 | |
Derivative, Fixed rate | 2.03% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (681,000) | |
U S Bank National Association One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Aug. 31, 2029 | |
Derivative, Fixed rate | 1.35% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ 881,000 | |
Wells Fargo Bank One | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Feb. 28, 2021 | |
Derivative, Fixed rate | 2.39% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 35,000,000 | |
Fair Value | $ (302,000) | 59,000 |
Wells Fargo Bank Two | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Oct. 31, 2024 | |
Derivative, Fixed rate | 2.72% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 15,000,000 | |
Fair Value | $ (795,000) | (222,000) |
Wells Fargo Bank Three | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Apr. 30, 2027 | |
Derivative, Fixed rate | 2.72% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 25,000,000 | |
Fair Value | $ (1,845,000) | (382,000) |
Wells Fargo Bank Four | ||
Derivative [Line Items] | ||
Derivative, Maturity date | Jan. 31, 2028 | |
Derivative, Fixed rate | 2.37% | |
Variable Rate Index | one-month LIBOR | |
Notional Amount | $ 75,000,000 | |
Fair Value | $ (3,914,000) | $ 1,067,000 |
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, 2019 | Dec. 31, 2018 | |
Derivative [Line Items] | ||
Notional Amount | $ 4,912,000 | $ 5,051,000 |
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, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Derivative [Line Items] | |||
Total Interest Expense Presented in the Consolidated Statements of Income and Comprehensive Income | $ 72,534 | $ 52,855 | $ 34,751 |
Interest Rate Swap | |||
Derivative [Line Items] | |||
Amount of (Loss) Gain Recognized in Accumulated Other Comprehensive (Loss) Income | $ (37,372) | $ 10,584 | $ 4,166 |
Reclassification from Accumulated Other Comprehensive (Loss) Income, Location | Interest expense | Interest expense | Interest expense |
Reclassification from Accumulated Other Comprehensive (Loss) Income, Amount of (Loss) | $ 1,492 | $ 910 | $ 5,099 |
Total Interest Expense Presented in the Consolidated Statements of Income and Comprehensive Income | $ 72,534 | $ 52,855 | $ 34,751 |
Interest Rate Swaps - Additiona
Interest Rate Swaps - Additional Information (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2019USD ($) | |
Derivative Instrument Detail [Abstract] | |
Interest rate swaps expected to be reclassified - (loss) | $ (3,959) |
Non-Controlling Interests - Add
Non-Controlling Interests - Additional Information (Detail) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Minority Interest [Line Items] | |||
Properties contributed as part of UPREIT transactions, value | $ 0 | $ 15,797 | $ 10,498 |
Properties contributed as part of UPREIT transactions, value, net of debt assumed | $ 128,746 | $ 128,746 | |
OP units, issued | 1,737 | 1,737 | |
OP units, outstanding | 1,737 | 1,737 | |
Broadstone Net Lease, LLC | |||
Minority Interest [Line Items] | |||
Percentage of economic interests owned by non-controlling interests | 6.30% | 7.30% | 7.60% |
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, 2018 | Dec. 31, 2017 | |
Minority Interest [Line Items] | ||
OP Units exchanged | 8 | 37 |
Common Stock | ||
Minority Interest [Line Items] | ||
Shares of common stock received | 8 | 37 |
Additional Paid-in Capital | ||
Minority Interest [Line Items] | ||
Value of shares/units exchanged | $ 684 | $ 2,986 |
Credit Risk Concentrations - Ad
Credit Risk Concentrations - Additional Information (Detail) - customer | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
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 | 18.00% | 19.00% | 20.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution One | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 62.00% | 26.00% | 27.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution Two | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 16.00% | 23.00% | 17.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution Three | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 10.00% | 14.00% | 13.00% |
Mortgages and Notes Payable | Credit Availability Concentration Risk | Financial Institution Four | |||
Concentration Risk [Line Items] | |||
Concentrations risk percentage | 11.00% | 11.00% |
Equity - Additional Information
Equity - Additional Information (Detail) - $ / shares | Jan. 10, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 |
Equity [Line Items] | ||||
Capital stock, shares authorized | 100,000,000 | |||
Common stock, shares authorized | 80,000,000 | 80,000,000 | ||
Common stock, par value | $ 0.001 | $ 0.001 | ||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | ||
Preferred stock, par value | $ 0.001 | $ 0.001 | ||
Common stock, voting rights | one vote per share | |||
Preferred stock, shares issued | 0 | 0 | ||
Preferred stock, shares outstanding | 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 | |||
Common stock, shares issued | 26,001,000 | 22,014,000 | ||
Distribution Reinvestment Plan | ||||
Equity [Line Items] | ||||
Percentage of shares in value offered | 98.00% | |||
Common stock, shares issued | 3,005,000 | 2,233,000 | 1,592,000 | |
Subsequent Event | ||||
Equity [Line Items] | ||||
Share redemption program termination effective date | Feb. 10, 2020 | |||
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% |
Equity - Summary of Redemptions
Equity - Summary of Redemptions (Detail) shares in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019USD ($)Stockholdershares | Dec. 31, 2018USD ($)Stockholdershares | Dec. 31, 2017USD ($)Stockholdershares | |
Equity [Abstract] | |||
Number of redemptions requested | Stockholder | 96 | 50 | 32 |
Number of shares | shares | 652 | 127 | 119 |
Aggregate redemption price | $ | $ 54,599 | $ 10,304 | $ 9,439 |
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, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Basic earnings: | |||||||||||
Net earnings attributable to Broadstone Net Lease, Inc. | $ 25,934 | $ 23,388 | $ 16,134 | $ 13,938 | $ 13,561 | $ 21,267 | $ 16,974 | $ 17,573 | $ 79,394 | $ 69,375 | $ 54,799 |
Diluted earnings: | |||||||||||
Net earnings attributable to Broadstone Net Lease, Inc. | 25,934 | 23,388 | 16,134 | 13,938 | 13,561 | 21,267 | 16,974 | 17,573 | 79,394 | 69,375 | 54,799 |
Net earnings attributable to non-controlling interests | $ 1,778 | $ 1,650 | $ 1,208 | $ 1,084 | $ 1,099 | $ 1,797 | $ 1,412 | $ 1,422 | 5,720 | 5,730 | 4,756 |
Net income (loss) attributable to parent, Diluted | $ 85,114 | $ 75,105 | $ 59,555 | ||||||||
Basic and diluted weighted average shares outstanding: | |||||||||||
Weighted average number of common shares outstanding used in basic earnings per share | 25,735 | 24,642 | 23,204 | 22,335 | 21,416 | 20,554 | 19,829 | 19,167 | 23,979 | 20,242 | 17,084 |
Effects of convertible OP Units | 1,737 | 1,668 | 1,483 | ||||||||
Weighted average number of common shares outstanding used in diluted earnings per share | 27,472 | 26,379 | 24,941 | 24,072 | 23,154 | 22,291 | 21,478 | 20,719 | 25,716 | 21,910 | 18,567 |
Basic and diluted net earnings per common share | $ 1.01 | $ 0.95 | $ 0.70 | $ 0.62 | $ 0.63 | $ 1.03 | $ 0.86 | $ 0.92 | $ 3.31 | $ 3.43 | $ 3.21 |
Income Taxes - Schedule of Dist
Income Taxes - Schedule of Distributions Characterized as Ordinary Dividends Capital Gain and Nontaxable (Detail) | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Income Tax Disclosure [Abstract] | |||
Ordinary dividends | 43.00% | 55.00% | 51.00% |
Capital gain distributions | 8.00% | 8.00% | |
Return of capital distributions | 49.00% | 37.00% | 49.00% |
Percentage of distributions paid to stockholders | 100.00% | 100.00% | 100.00% |
Supplemental Cash Flow Disclo_2
Supplemental Cash Flow Disclosures - Additional Information (Detail) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Jan. 01, 2019 | |
Supplemental Cash Flow Elements [Line Items] | |||||
Cash paid for interest | $ 76,379 | $ 44,697 | $ 32,429 | ||
State income, franchise and foreign taxes paid | 2,131 | $ 947 | $ 655 | ||
Issuance of OP units, number of units | 194 | 161 | |||
OP units issued in exchange of property contributed in UPREIT transactions | 0 | $ 15,797 | $ 12,913 | ||
Cancellation shares of common stock, shares | 9 | ||||
Common stock cancelled, values | $ 748 | ||||
Settlement of outstanding receivable with common stock | 748 | ||||
Dividend declared and accrued but not yet paid | 12,162 | 10,111 | 8,449 | ||
Lease liabilities | 1,209 | ||||
Payments for tenant improvements | $ 2,517 | 0 | $ 2,777 | $ 1,730 | |
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 | ||||
Distribution Reinvestment Plan | |||||
Supplemental Cash Flow Elements [Line Items] | |||||
Issuance of shares of common stock, shares | 753 | 622 | 499 | ||
Common stock issued | $ 63,020 | $ 50,826 | $ 38,848 |
Commitments and Contingencies -
Commitments and Contingencies - Additional Information (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019USD ($)Agreement | Dec. 31, 2018USD ($)Agreement | Dec. 31, 2017USD ($)Agreement | |
Loss Contingencies [Line Items] | |||
Number of lease agreements assumed in acquisitions | Agreement | 6 | 6 | 6 |
Tenant improvement allowances in acquisitions | $ 2,517 | $ 0 | $ 2,777 |
Minimum | |||
Loss Contingencies [Line Items] | |||
Non-cancellable operating leases term | 2034 | ||
Maximum | |||
Loss Contingencies [Line Items] | |||
Maximum aggregate amount | $ 12,300 | ||
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, 2019 | Dec. 31, 2018 |
Accounts Payable And Other Liabilities | ||
Loss Contingencies [Line Items] | ||
Tenant improvement allowances | $ 2,706 | $ 2,125 |
Commitments and Contingencies_3
Commitments and Contingencies - Summary of Total Lease Costs Associated with Operating Leases (Detail) - Property and Operating Expense - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Lessee Lease Description [Line Items] | ||
Operating lease costs | $ 139 | $ 59 |
Variable lease costs | 46 | 23 |
Total lease costs | $ 185 | $ 82 |
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, 2019 | Dec. 31, 2018 | |
Cash Flow Operating Activities Lessee [Abstract] | ||
Operating lease payments | $ 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) $ in Thousands | Dec. 31, 2019USD ($) |
Commitments And Contingencies Disclosure [Abstract] | |
2020 | $ 114 |
2021 | 114 |
2022 | 116 |
2023 | 118 |
2024 | 119 |
Thereafter | 2,411 |
Total undiscounted cash flows | 2,992 |
Less imputed interest | (1,783) |
Lease liabilities | $ 1,209 |
Subsequent Events - Additional
Subsequent Events - Additional Information (Detail) | Feb. 28, 2020USD ($)TrancheRenewalOption$ / shares | Feb. 13, 2020USD ($) | Feb. 07, 2020USD ($)SeniorExecutive$ / shares | Jan. 01, 2020USD ($) | Feb. 27, 2020USD ($)Property | Feb. 15, 2020USD ($) | Dec. 31, 2019USD ($) | Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) |
Subsequent Event [Line Items] | |||||||||
Aggregate carrying value | $ 138,845,000 | $ 43,492,000 | $ 50,339,000 | ||||||
Aggregate sale price | 176,486,000 | 57,402,000 | 66,532,000 | ||||||
Gain on sale of real estate | 29,914,000 | 10,496,000 | 12,992,000 | ||||||
Repayment of borrowing | 377,900,000 | 475,500,000 | 323,000,000 | ||||||
Carrying amount of debt | 1,989,451,000 | 1,450,551,000 | |||||||
Real Estate | |||||||||
Subsequent Event [Line Items] | |||||||||
Additional sales expenses | 7,727,000 | 3,414,000 | 3,201,000 | ||||||
Gain on sale of real estate | $ 29,914,000 | $ 10,496,000 | $ 12,992,000 | ||||||
Subsequent Event | |||||||||
Subsequent Event [Line Items] | |||||||||
Cash distributions paid to stockholders | $ 24,398,000 | ||||||||
Monthly distribution approved per OP units | $ / shares | $ 0.44 | ||||||||
Number of properties sold | Property | 8 | ||||||||
Aggregate carrying value | $ 24,918,000 | ||||||||
Aggregate sale price | 32,273,000 | ||||||||
Repayment of borrowing | $ 11,000,000 | ||||||||
Senior executives entered into employment agreements | SeniorExecutive | 4 | ||||||||
Maximum tax liability | $ 10,000,000 | ||||||||
Subsequent Event | Chairman and Member of Board of Directors | CAHA | |||||||||
Subsequent Event [Line Items] | |||||||||
Ownership percentage | 1.60% | ||||||||
Lease expiry date | Aug. 31, 2023 | ||||||||
Number of renewal options | RenewalOption | 2 | ||||||||
Lease renewal term | 5 years | ||||||||
Annual rent | $ 547,000 | ||||||||
Percentage increase in annual rent | 2.00% | ||||||||
Subsequent Event | Merger Agreement | |||||||||
Subsequent Event [Line Items] | |||||||||
Base consideration payable | $ 209,500,000 | ||||||||
Assumption of debt | 90,500,000 | ||||||||
Additional consideration payable | $ 75,000,000 | ||||||||
Number of tranches | Tranche | 4 | ||||||||
Price per share or unit | $ / shares | $ 85 | ||||||||
Subsequent Event | Merger Agreement | Manager | Repurchase of Outstanding Common Shares | |||||||||
Subsequent Event [Line Items] | |||||||||
Price per share or unit | $ / shares | $ 85 | ||||||||
Subsequent Event | Merger Agreement | Tranche One | |||||||||
Subsequent Event [Line Items] | |||||||||
Additional consideration payable | $ 10,000,000 | ||||||||
Subsequent Event | Merger Agreement | Tranche Two | |||||||||
Subsequent Event [Line Items] | |||||||||
Additional consideration payable | 15,000,000 | ||||||||
Subsequent Event | Merger Agreement | Tranche Three | |||||||||
Subsequent Event [Line Items] | |||||||||
Additional consideration payable | 25,000,000 | ||||||||
Subsequent Event | Merger Agreement | Tranche Four | |||||||||
Subsequent Event [Line Items] | |||||||||
Additional consideration payable | $ 25,000,000 | ||||||||
Subsequent Event | Property Management Agreement and Asset Management Agreement | Merger Agreement | |||||||||
Subsequent Event [Line Items] | |||||||||
Termination fees | 0 | ||||||||
Subsequent Event | Commercial Mortgage Rate | |||||||||
Subsequent Event [Line Items] | |||||||||
Principal payments on mortgages | $ 541,000 | ||||||||
Subsequent Event | Swingline Revolver | |||||||||
Subsequent Event [Line Items] | |||||||||
Carrying amount of debt | $ 117,000,000 | ||||||||
Subsequent Event | 2022 Unsecured Term Loan | |||||||||
Subsequent Event [Line Items] | |||||||||
Debt instrument, face amount | $ 60,000,000 | ||||||||
Subsequent Event | 2022 Unsecured Term Loan | LIBOR | |||||||||
Subsequent Event [Line Items] | |||||||||
Basis spread on variable rate | 1.25% | ||||||||
Subsequent Event | Real Estate | |||||||||
Subsequent Event [Line Items] | |||||||||
Additional sales expenses | 1,370,000 | ||||||||
Gain on sale of real estate | $ 5,985,000 | ||||||||
Subsequent Event | Minimum | 2022 Unsecured Term Loan | LIBOR | |||||||||
Subsequent Event [Line Items] | |||||||||
Basis spread on variable rate | 0.85% | ||||||||
Subsequent Event | Maximum | 2022 Unsecured Term Loan | LIBOR | |||||||||
Subsequent Event [Line Items] | |||||||||
Basis spread on variable rate | 1.65% |
Subsequent Events - Summary of
Subsequent Events - Summary of Earnout Tranches, Applicable VWAP of REIT Share and AFFO Per Share, and Applicable Earnout Periods (Detail) - Merger Agreement - USD ($) | Feb. 28, 2020 | Dec. 31, 2019 |
Subsequent Event | ||
Subsequent Event [Line Items] | ||
Earnout Tranche | $ 75,000,000 | |
Tranche One | Subsequent Event | ||
Subsequent Event [Line Items] | ||
Earnout Tranche | $ 10,000,000 | |
Tranche One | If the Company has completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The two-year period beginning on the earlier of (i) the IPO closing date or (ii) December 31, 2020. | |
Tranche One | If the Company has completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
VWAP of a REIT Share | $ 90 | |
Tranche One | If the Company has not completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The two-year period consisting of the calendar years ended December 31, 2020 and December 31, 2021. | |
Tranche One | If the Company has not completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
AFFO per Share | $ 5.85 | |
Tranche Two | Subsequent Event | ||
Subsequent Event [Line Items] | ||
Earnout Tranche | $ 15,000,000 | |
Tranche Two | If the Company has completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The two-year period beginning on the earlier of (i) the IPO closing date or (ii) December 31, 2020. | |
Tranche Two | If the Company has completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
VWAP of a REIT Share | $ 95 | |
Tranche Two | If the Company has not completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The two-year period consisting of the calendar years ended December 31, 2020 and December 31, 2021. | |
Tranche Two | If the Company has not completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
AFFO per Share | $ 5.95 | |
Tranche Three | Subsequent Event | ||
Subsequent Event [Line Items] | ||
Earnout Tranche | $ 25,000,000 | |
Tranche Three | If the Company has completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The four-year period beginning on the date that is exactly one year after the earnout period begins for the first and second tranches above. | |
Tranche Three | If the Company has completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
VWAP of a REIT Share | $ 97.50 | |
Tranche Three | If the Company has not completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The four-year period consisting of the calendar years ended December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. | |
Tranche Three | If the Company has not completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
AFFO per Share | $ 6.30 | |
Tranche Four | Subsequent Event | ||
Subsequent Event [Line Items] | ||
Earnout Tranche | $ 25,000,000 | |
Tranche Four | If the Company has completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The four-year period beginning on the date that is exactly one year after the earnout period begins for the first and second tranches above. | |
Tranche Four | If the Company has completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
VWAP of a REIT Share | $ 100 | |
Tranche Four | If the Company has not completed an IPO | ||
Subsequent Event [Line Items] | ||
Applicable Earnout Period | The four-year period consisting of the calendar years ended December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. | |
Tranche Four | If the Company has not completed an IPO | Subsequent Event | ||
Subsequent Event [Line Items] | ||
AFFO per Share | $ 6.70 |
Subsequent Events - Summary o_2
Subsequent Events - Summary of Earnout Tranches, Applicable VWAP of REIT Share and AFFO Per Share, and Applicable Earnout Periods (Parenthetical) (Detail) | Feb. 28, 2020$ / shares |
Merger Agreement | Subsequent Event | |
Subsequent Event [Line Items] | |
Price per share or unit | $ 85 |
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, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Quarterly Financial Data [Abstract] | |||||||||||
Lease revenues | $ 84,931 | $ 76,401 | $ 69,053 | $ 68,430 | $ 63,094 | $ 61,764 | $ 57,032 | $ 55,589 | $ 298,815 | $ 237,479 | $ 181,563 |
Net income | 27,712 | 25,038 | 17,342 | 15,022 | 14,660 | 23,064 | 18,386 | 18,995 | 85,114 | 75,105 | 59,555 |
Net income attributable to non-controlling interests | (1,778) | (1,650) | (1,208) | (1,084) | (1,099) | (1,797) | (1,412) | (1,422) | (5,720) | (5,730) | (4,756) |
Net income attributable to Broadstone Net Lease, Inc. | $ 25,934 | $ 23,388 | $ 16,134 | $ 13,938 | $ 13,561 | $ 21,267 | $ 16,974 | $ 17,573 | $ 79,394 | $ 69,375 | $ 54,799 |
Basic and diluted | $ 1.01 | $ 0.95 | $ 0.70 | $ 0.62 | $ 0.63 | $ 1.03 | $ 0.86 | $ 0.92 | $ 3.31 | $ 3.43 | $ 3.21 |
Weighted average number of common shares outstanding | |||||||||||
Basic | 25,735 | 24,642 | 23,204 | 22,335 | 21,416 | 20,554 | 19,829 | 19,167 | 23,979 | 20,242 | 17,084 |
Diluted | 27,472 | 26,379 | 24,941 | 24,072 | 23,154 | 22,291 | 21,478 | 20,719 | 25,716 | 21,910 | 18,567 |
Schedule III - Real Estate As_2
Schedule III - Real Estate Assets and Accumulated Depreciation (Detail) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 112,151 | |||
Initial Costs to Company, Land | 548,209 | |||
Initial Costs to Company, Buildings and Improvements | 3,092,062 | |||
Costs Capitalized Subsequent to Acquisition, Land | 702 | |||
Costs Capitalized Subsequent to Acquisition, Improvements | 45,471 | |||
Gross Amount at Which Carried at Close of Period, Land | 548,911 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,137,533 | |||
Total | 3,686,444 | $ 2,848,735 | $ 2,334,524 | $ 1,743,403 |
Accumulated Depreciation | 271,044 | $ 206,989 | $ 148,383 | $ 105,703 |
Industrial Property [Member] | Becker | MN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | 750 | |||
Initial Costs to Company, Land | 921 | |||
Initial Costs to Company, Buildings and Improvements | 4,540 | |||
Gross Amount at Which Carried at Close of Period, Land | 921 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,540 | |||
Total | 5,461 | |||
Accumulated Depreciation | $ 1,544 | |||
Date of Construction | 2000 | |||
Date Acquired | 2008 | |||
Industrial Property [Member] | Becker | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Becker | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
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 | $ 1,412 | |||
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 | INDIANA | ||||
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 | $ 850 | |||
Date of Construction | 1960 | |||
Date Acquired | 2011 | |||
Industrial Property [Member] | New Haven | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | New Haven | INDIANA | 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 | $ 2,009 | |||
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 | $ 3,140 | |||
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 | $ 10,888 | |||
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 | $ 4,607 | |||
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 | TEXAS | ||||
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 | $ 296 | |||
Date of Construction | 2008 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Kilgore | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Kilgore | TEXAS | 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 | $ 7,788 | |||
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 | $ 6,073 | |||
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 | OHIO | ||||
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 | $ 569 | |||
Date of Construction | 1985 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Huber Heights | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Huber Heights | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Eastlake | OHIO | ||||
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 | $ 713 | |||
Date of Construction | 1981 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Eastlake | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Eastlake | OHIO | 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 | $ 195 | |||
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 | $ 271 | |||
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 | SOUTH CAROLINA | ||||
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 | $ 895 | |||
Date of Construction | 1999 | |||
Date Acquired | 2012 | |||
Industrial Property [Member] | Rock Hill | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Rock Hill | SOUTH CAROLINA | 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 | $ 550 | |||
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 | $ 154 | |||
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 | $ 5,318 | |||
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] | Norton Shores | MICHIGAN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 198 | |||
Initial Costs to Company, Buildings and Improvements | 2,932 | |||
Gross Amount at Which Carried at Close of Period, Land | 198 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,932 | |||
Total | 3,130 | |||
Accumulated Depreciation | $ 493 | |||
Date of Construction | 2002 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Norton Shores | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Norton Shores | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | ||||
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 | $ 559 | |||
Date of Construction | 1985 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | ||||
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 | 3 | |||
Gross Amount at Which Carried at Close of Period, Land | 454 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,892 | |||
Total | 7,346 | |||
Accumulated Depreciation | $ 1,429 | |||
Date of Construction | 2012 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | ||||
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 | $ 553 | |||
Date of Construction | 1978 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 257 | |||
Initial Costs to Company, Buildings and Improvements | 655 | |||
Gross Amount at Which Carried at Close of Period, Land | 257 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 655 | |||
Total | 912 | |||
Accumulated Depreciation | $ 154 | |||
Date of Construction | 2005 | |||
Date Acquired | 2013 | |||
Industrial Property [Member] | Muskegon | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Muskegon | MICHIGAN | 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 | $ 2,921 | |||
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 | MN | ||||
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 | $ 3,735 | |||
Date of Construction | 2014 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Shakopee | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Shakopee | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Houston | TEXAS | ||||
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 | $ 575 | |||
Date of Construction | 1972 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Houston | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Houston | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Winona | MN | ||||
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 | $ 1,143 | |||
Date of Construction | 2008 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Winona | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Winona | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Winona | MN | ||||
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 | $ 639 | |||
Date of Construction | 2008 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Winona | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Winona | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Mt. Pleasant | TEXAS | ||||
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 | $ 915 | |||
Date of Construction | 1994 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Mt. Pleasant | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Mt. Pleasant | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Madill | OK | ||||
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 | $ 916 | |||
Date of Construction | 1999 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Madill | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Madill | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Madill | OK | ||||
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 | $ 316 | |||
Date of Construction | 1972 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Madill | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Madill | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Madill | OK | ||||
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 | $ 279 | |||
Date of Construction | 1977 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Madill | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Madill | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Willis Point | TEXAS | ||||
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 | $ 472 | |||
Date of Construction | 2003 / 2008 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Willis Point | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Willis Point | TEXAS | 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 | $ 593 | |||
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 | $ 588 | |||
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 | OK | ||||
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 | $ 313 | |||
Date of Construction | 2013 | |||
Date Acquired | 2014 | |||
Industrial Property [Member] | Kingston | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Kingston | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Odessa | TEXAS | ||||
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 | $ 522 | |||
Date of Construction | 2012 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Odessa | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Odessa | TEXAS | 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 | $ 1,310 | |||
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 | $ 2,525 | |||
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 | MN | ||||
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 | $ 796 | |||
Date of Construction | 2008 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Elk River | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Elk River | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Elk River | MN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 477 | |||
Initial Costs to Company, Buildings and Improvements | 2,517 | |||
Gross Amount at Which Carried at Close of Period, Land | 477 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,517 | |||
Total | 2,994 | |||
Accumulated Depreciation | $ 406 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Elk River | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Elk River | MN | 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 | $ 1,086 | |||
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] | 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 | $ 1,247 | |||
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] | 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 | $ 1,303 | |||
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 | SOUTH CAROLINA | ||||
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 | $ 388 | |||
Date of Construction | 1978 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Greer | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Greer | SOUTH CAROLINA | 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 | $ 1,310 | |||
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 | TEXAS | ||||
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 | $ 590 | |||
Date of Construction | 1996 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Katy | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Katy | TEXAS | 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 | $ 1,428 | |||
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 | TEXAS | ||||
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 | $ 437 | |||
Date of Construction | 1991 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Euless | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Euless | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Jacksonville | TEXAS | ||||
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 | $ 432 | |||
Date of Construction | 1974 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Jacksonville | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Jacksonville | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Lima | OHIO | ||||
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 | $ 2,563 | |||
Date of Construction | 2009 | |||
Date Acquired | 2015 | |||
Industrial Property [Member] | Lima | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Lima | OHIO | 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 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,181 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 13,130 | |||
Total | 14,311 | |||
Accumulated Depreciation | $ 1,853 | |||
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 | $ 737 | |||
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 | MN | ||||
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 | $ 2,045 | |||
Date of Construction | 1999 | |||
Date Acquired | 2016 | |||
Industrial Property [Member] | St. Cloud | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | St. Cloud | MN | 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 | $ 1,144 | |||
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 | $ 721 | |||
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 | $ 121 | |||
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 | $ 147 | |||
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 | $ 145 | |||
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 | $ 36 | |||
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 | $ 496 | |||
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 | $ 199 | |||
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 | 2 | |||
Gross Amount at Which Carried at Close of Period, Land | 342 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 52,746 | |||
Total | 53,088 | |||
Accumulated Depreciation | $ 3,661 | |||
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 | NEVADA | ||||
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 | $ 709 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Las Vegas | NEVADA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Las Vegas | NEVADA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Walker | LOUISIANA | ||||
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 | $ 1,966 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Industrial Property [Member] | Walker | LOUISIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Walker | LOUISIANA | 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 | $ 518 | |||
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 | $ 462 | |||
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 | $ 942 | |||
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 | $ 1,286 | |||
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 | $ 980 | |||
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 | $ 203 | |||
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 | $ 193 | |||
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 | $ 274 | |||
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 | OHIO | ||||
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 | $ 1,537 | |||
Date of Construction | 2012 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Lordstown | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Lordstown | OHIO | 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 | $ 20,318 | |||
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 | $ 1,427 | |||
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 | $ 377 | |||
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 | $ 334 | |||
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 | MN | ||||
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 | $ 86 | |||
Date of Construction | 1973 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Fridley | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Fridley | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Burnsville | MN | ||||
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 | $ 94 | |||
Date of Construction | 1973 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Burnsville | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Burnsville | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | North Canton | OHIO | ||||
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 | $ 297 | |||
Date of Construction | 1988 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | North Canton | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | North Canton | OHIO | 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 | $ 383 | |||
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 | MICHIGAN | ||||
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 | $ 248 | |||
Date of Construction | 2018 | |||
Date Acquired | 2018 | |||
Industrial Property [Member] | Novi | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Novi | MICHIGAN | 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 | $ 209 | |||
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 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,828 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,367 | |||
Total | 22,195 | |||
Accumulated Depreciation | $ 629 | |||
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 | $ 49,065 | |||
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 | $ 1,289 | |||
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 | NEW YORK | ||||
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 | $ 98 | |||
Date of Construction | 1985 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Liverpool | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Liverpool | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Liverpool | NEW YORK | ||||
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 | $ 59 | |||
Date of Construction | 2001 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Liverpool | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Liverpool | NEW YORK | 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 | $ 120 | |||
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 | TEXAS | ||||
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 | $ 364 | |||
Date of Construction | 2003 / 2017 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Dallas | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Dallas | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Plano | TEXAS | ||||
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 | $ 368 | |||
Date of Construction | 1983 / 1986 / 2016 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Plano | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Plano | TEXAS | 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 | $ 347 | |||
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 | BC | ||||
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 | $ 334 | |||
Date of Construction | 2000 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Abbotsford | BC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Abbotsford | BC | 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 | $ 497 | |||
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 | $ 240 | |||
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 | $ 217 | |||
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 | TEXAS | ||||
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 | $ 118 | |||
Date of Construction | 1970 / 1980 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Irving | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Irving | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Sherman | TEXAS | ||||
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 | $ 215 | |||
Date of Construction | 1979 / 1992 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Sherman | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Sherman | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Phoenix | AZ | ||||
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 | $ 510 | |||
Date of Construction | 1988 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Phoenix | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Phoenix | AZ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Chandler | AZ | ||||
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 | $ 274 | |||
Date of Construction | 2008 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Chandler | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Chandler | AZ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Prescott | AZ | ||||
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 | $ 21 | |||
Date of Construction | 2003 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Prescott | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Prescott | AZ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Forest Park | OHIO | ||||
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 | $ 260 | |||
Date of Construction | 2001 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Forest Park | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Forest Park | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Industrial Property [Member] | Omaha | NE | ||||
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 | $ 161 | |||
Date of Construction | 1965 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Omaha | NE | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Omaha | NE | 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 | $ 98 | |||
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 | $ 127 | |||
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 | $ 194 | |||
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 | $ 234 | |||
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 | $ 113 | |||
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 | $ 6,271 | |||
Initial Costs to Company, Buildings and Improvements | 15,269 | |||
Gross Amount at Which Carried at Close of Period, Land | 6,271 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 15,269 | |||
Total | 21,540 | |||
Accumulated Depreciation | $ 160 | |||
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 | OK | ||||
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 | $ 319 | |||
Date of Construction | 1997 / 2002 / 2006 | |||
Date Acquired | 2019 | |||
Industrial Property [Member] | Enid | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Industrial Property [Member] | Enid | OK | 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 | $ 426 | |||
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 | $ 95 | |||
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 | |||
Gross Amount at Which Carried at Close of Period, Land | 750 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,373 | |||
Total | 6,123 | |||
Accumulated Depreciation | $ 18 | |||
Date of Construction | 1998 | |||
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 | |||
Healthcare Properties | Houston | TEXAS | ||||
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 | $ 1,053 | |||
Date of Construction | 1980 | |||
Date Acquired | 2008 | |||
Healthcare Properties | Houston | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Houston | TEXAS | 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 | $ 652 | |||
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 | $ 395 | |||
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 | 962 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,086 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 19,513 | |||
Total | 20,599 | |||
Accumulated Depreciation | $ 1,230 | |||
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 | Rockford | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 216 | |||
Initial Costs to Company, Buildings and Improvements | 1,225 | |||
Gross Amount at Which Carried at Close of Period, Land | 216 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,225 | |||
Total | 1,441 | |||
Accumulated Depreciation | $ 413 | |||
Date of Construction | 1993 | |||
Date Acquired | 2008 | |||
Healthcare Properties | Rockford | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Rockford | IL | 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 | $ 443 | |||
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 | Loves Park | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 544 | |||
Initial Costs to Company, Land | 190 | |||
Initial Costs to Company, Buildings and Improvements | 890 | |||
Gross Amount at Which Carried at Close of Period, Land | 190 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 890 | |||
Total | 1,080 | |||
Accumulated Depreciation | $ 305 | |||
Date of Construction | 1982 | |||
Date Acquired | 2010 | |||
Healthcare Properties | Loves Park | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Loves 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 | $ 889 | |||
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 | Pooler | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 272 | |||
Initial Costs to Company, Buildings and Improvements | 1,089 | |||
Gross Amount at Which Carried at Close of Period, Land | 272 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,089 | |||
Total | 1,361 | |||
Accumulated Depreciation | $ 339 | |||
Date of Construction | 1990 | |||
Date Acquired | 2009 | |||
Healthcare Properties | Pooler | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Pooler | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Houston | TEXAS | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 2,022 | |||
Initial Costs to Company, Buildings and Improvements | 6,065 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,022 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,065 | |||
Total | 8,087 | |||
Accumulated Depreciation | $ 1,742 | |||
Date of Construction | 2002 | |||
Date Acquired | 2010 | |||
Healthcare Properties | Houston | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Houston | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Greece | NEW YORK | ||||
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 | 3,272 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,391 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 33,714 | |||
Total | 35,105 | |||
Accumulated Depreciation | $ 8,354 | |||
Date of Construction | 2011 | |||
Date Acquired | 2010 | |||
Healthcare Properties | Greece | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Greece | NEW YORK | 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 | $ 863 | |||
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 | $ 1,018 | |||
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 | $ 733 | |||
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 | $ 496 | |||
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 | Ada | OK | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 293 | |||
Initial Costs to Company, Buildings and Improvements | 1,172 | |||
Gross Amount at Which Carried at Close of Period, Land | 293 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,172 | |||
Total | 1,465 | |||
Accumulated Depreciation | $ 299 | |||
Date of Construction | 2011 | |||
Date Acquired | 2011 | |||
Healthcare Properties | Ada | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Ada | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Sapulpa | OK | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 510 | |||
Initial Costs to Company, Buildings and Improvements | 1,271 | |||
Gross Amount at Which Carried at Close of Period, Land | 510 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,271 | |||
Total | 1,781 | |||
Accumulated Depreciation | $ 282 | |||
Date of Construction | 2011 | |||
Date Acquired | 2012 | |||
Healthcare Properties | Sapulpa | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Sapulpa | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | McAlester | OK | ||||
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 | $ 350 | |||
Date of Construction | 2012 | |||
Date Acquired | 2012 | |||
Healthcare Properties | McAlester | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | McAlester | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Weatherford | OK | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 357 | |||
Initial Costs to Company, Buildings and Improvements | 1,419 | |||
Gross Amount at Which Carried at Close of Period, Land | 357 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,419 | |||
Total | 1,776 | |||
Accumulated Depreciation | $ 310 | |||
Date of Construction | 2012 | |||
Date Acquired | 2012 | |||
Healthcare Properties | Weatherford | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Weatherford | OK | 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 | $ 2,896 | |||
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 | 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 | $ 788 | |||
Date of Construction | 1998 | |||
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 | Sarasota | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,253 | |||
Initial Costs to Company, Buildings and Improvements | 4,758 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,253 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,758 | |||
Total | 6,011 | |||
Accumulated Depreciation | $ 963 | |||
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 | 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 | $ 802 | |||
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 | $ 136 | |||
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 | $ 904 | |||
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 | $ 2,031 | |||
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 | $ 1,548 | |||
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 | $ 1,292 | |||
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 | $ 1,406 | |||
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 | AZ | ||||
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 | $ 639 | |||
Date of Construction | 2013 | |||
Date Acquired | 2013 | |||
Healthcare Properties | Goodyear | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Goodyear | AZ | 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 | $ 502 | |||
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 | $ 255 | |||
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 | TEXAS | ||||
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 | $ 775 | |||
Date of Construction | 2009 | |||
Date Acquired | 2014 | |||
Healthcare Properties | Kingwood | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Kingwood | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Lubbock | TEXAS | ||||
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 | $ 934 | |||
Date of Construction | 2001 | |||
Date Acquired | 2014 | |||
Healthcare Properties | Lubbock | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Lubbock | TEXAS | 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 | $ 811 | |||
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 | $ 928 | |||
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 | $ 1,075 | |||
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 | MICHIGAN | ||||
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 | $ 485 | |||
Date of Construction | 2007 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Hudsonville | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Hudsonville | MICHIGAN | 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 | $ 567 | |||
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 | $ 361 | |||
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 | $ 557 | |||
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 | $ 59 | |||
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 | $ 168 | |||
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 | TEXAS | ||||
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 | $ 222 | |||
Date of Construction | 2002 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Houston | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Houston | TEXAS | 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 | $ 615 | |||
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 | $ 117 | |||
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 | $ 276 | |||
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 | $ 339 | |||
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 | $ 256 | |||
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 | AZ | ||||
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 | $ 1,950 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Healthcare Properties | Tempe | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tempe | AZ | 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 | $ 1,682 | |||
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 | $ 5,797 | |||
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 | OHIO | ||||
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 | $ 1,212 | |||
Date of Construction | 1979 | |||
Date Acquired | 2016 | |||
Healthcare Properties | Worthington | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Worthington | OHIO | 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 | $ 474 | |||
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 | OHIO | ||||
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 | $ 423 | |||
Date of Construction | 1996 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Copley | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Copley | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Cleveland | OHIO | ||||
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 | $ 201 | |||
Date of Construction | 2007 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Cleveland | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Cleveland | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Girard | OHIO | ||||
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 | $ 96 | |||
Date of Construction | 2003 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Girard | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Girard | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Moraine (Dayton) | OHIO | ||||
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 | $ 241 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Moraine (Dayton) | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Moraine (Dayton) | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Commerce Township | MICHIGAN | ||||
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 | $ 142 | |||
Date of Construction | 2007 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Commerce Township | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Commerce Township | MICHIGAN | 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 | $ 1,742 | |||
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 | Modesto | 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 | $ 405 | |||
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 | Clinton Township | MICHIGAN | ||||
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 | $ 530 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Clinton Township | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Clinton Township | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Westland | MICHIGAN | ||||
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 | 14 | |||
Gross Amount at Which Carried at Close of Period, Land | 394 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 6,120 | |||
Total | 6,514 | |||
Accumulated Depreciation | $ 462 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Westland | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Westland | MICHIGAN | 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 | $ 269 | |||
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 | $ 227 | |||
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 | $ 203 | |||
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 | $ 394 | |||
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 | $ 90 | |||
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 | $ 36 | |||
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 | $ 475 | |||
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 | $ 253 | |||
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 | $ 496 | |||
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 | $ 299 | |||
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 | $ 4,913 | |||
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 | $ 503 | |||
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 | AZ | ||||
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 | $ 306 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Mesa | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Mesa | AZ | 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 | 3 | |||
Gross Amount at Which Carried at Close of Period, Land | 987 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 11,360 | |||
Total | 12,347 | |||
Accumulated Depreciation | $ 653 | |||
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 | $ 133 | |||
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 | LOUISIANA | ||||
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 | $ 194 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Prairieville | LOUISIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Prairieville | LOUISIANA | 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 | $ 285 | |||
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 | OK | ||||
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 | $ 184 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Healthcare Properties | Tulsa | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Tulsa | OK | 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 | $ 105 | |||
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 | $ 92 | |||
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 | $ 520 | |||
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 | $ 147 | |||
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 | $ 193 | |||
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 | $ 119 | |||
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 | MICHIGAN | ||||
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 | $ 54 | |||
Date of Construction | 1998 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Warren | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Warren | MICHIGAN | 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 | $ 127 | |||
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 | 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 | $ 73 | |||
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 | 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 | $ 350 | |||
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 | 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 | $ 113 | |||
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 | Ann Arbor | MICHIGAN | ||||
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 | $ 19 | |||
Date of Construction | 1954 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Ann Arbor | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Ann Arbor | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Southfield | MICHIGAN | ||||
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 | $ 413 | |||
Date of Construction | 2004 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Southfield | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Southfield | MICHIGAN | 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 | $ 29 | |||
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 | Arlington | TEXAS | ||||
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 | $ 454 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Arlington | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Arlington | TEXAS | 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 | $ 157 | |||
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 | 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 | $ 113 | |||
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 | 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 | $ 59 | |||
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 | 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 | $ 110 | |||
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 | 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 | $ 8 | |||
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 | 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 | $ 152 | |||
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 | 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 | $ 171 | |||
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 | 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 | 1 | |||
Gross Amount at Which Carried at Close of Period, Land | 124 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,218 | |||
Total | 2,342 | |||
Accumulated Depreciation | $ 62 | |||
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 | 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 | $ 447 | |||
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 | 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 | $ 130 | |||
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 | 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 | $ 89 | |||
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 | Spartanburg | SOUTH CAROLINA | ||||
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 | $ 117 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Spartanburg | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Spartanburg | SOUTH CAROLINA | 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 | |||
Gross Amount at Which Carried at Close of Period, Land | 831 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,977 | |||
Total | 4,808 | |||
Accumulated Depreciation | $ 120 | |||
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 | $ 102 | |||
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 | $ 107 | |||
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 | $ 86 | |||
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 | MICHIGAN | ||||
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 | $ 78 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Wayland | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Wayland | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Johnson City | NEW YORK | ||||
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 | $ 137 | |||
Date of Construction | 1970 | |||
Date Acquired | 2018 | |||
Healthcare Properties | Johnson City | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Johnson City | NEW YORK | 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 | $ 149 | |||
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 | $ 62 | |||
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 | $ 34 | |||
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 | $ 48 | |||
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 | $ 43 | |||
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 | MN | ||||
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 | $ 43 | |||
Date of Construction | 1999 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Hibbing | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Hibbing | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Healthcare Properties | Duluth | MN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 241 | |||
Initial Costs to Company, Buildings and Improvements | 2,195 | |||
Gross Amount at Which Carried at Close of Period, Land | 241 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,195 | |||
Total | 2,436 | |||
Accumulated Depreciation | $ 26 | |||
Date of Construction | 2003 | |||
Date Acquired | 2019 | |||
Healthcare Properties | Duluth | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | Duluth | MN | 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 | $ 108 | |||
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 | $ 54 | |||
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 | $ 48 | |||
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 | LOUISIANA | ||||
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 | $ 20 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Healthcare Properties | New Orleans | LOUISIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Healthcare Properties | New Orleans | LOUISIANA | 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 | $ 116 | |||
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 | 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 | $ 160 | |||
Date of Construction | 1971 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Raleigh | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Raleigh | NC | 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 | $ 231 | |||
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 | OHIO | ||||
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 | $ 31 | |||
Date of Construction | 1995 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Columbus | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Columbus | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Katy | TEXAS | ||||
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 | $ 222 | |||
Date of Construction | 1995 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Katy | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Katy | TEXAS | 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 | $ 537 | |||
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 | $ 235 | |||
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 | Lima | OHIO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 69 | |||
Initial Costs to Company, Buildings and Improvements | 3,813 | |||
Gross Amount at Which Carried at Close of Period, Land | 69 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,813 | |||
Total | 3,882 | |||
Accumulated Depreciation | $ 428 | |||
Date of Construction | 2009 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Lima | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lima | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Portage | MICHIGAN | ||||
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 | $ 174 | |||
Date of Construction | 1981 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Portage | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Portage | MICHIGAN | 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 | $ 217 | |||
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 | NEVADA | ||||
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 | $ 235 | |||
Date of Construction | 2002 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Las Vegas | NEVADA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Las Vegas | NEVADA | 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 | $ 353 | |||
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 | 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 | $ 71 | |||
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 | $ 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 | $ 52 | |||
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 | 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 | $ 250 | |||
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 | 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 | $ 470 | |||
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 | 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 | $ 73 | |||
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 | 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 | $ 268 | |||
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 | 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 | $ 359 | |||
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 | $ 241 | |||
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 | $ 347 | |||
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 | McAlester | OK | ||||
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 | $ 261 | |||
Date of Construction | 2006 | |||
Date Acquired | 2014 | |||
Restaurant Properties | McAlester | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | McAlester | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 196 | |||
Date of Construction | 1966 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Virginia Beach | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Virginia Beach | VA | 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 | $ 410 | |||
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 | $ 342 | |||
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 | 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 | $ 113 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Charlotte | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Charlotte | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Tulsa | OK | ||||
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 | $ 446 | |||
Date of Construction | 1987 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Tulsa | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Tulsa | OK | 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 | $ 192 | |||
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 | $ 197 | |||
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 | $ 104 | |||
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 | Augusta | GA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 270 | |||
Initial Costs to Company, Buildings and Improvements | 1,108 | |||
Gross Amount at Which Carried at Close of Period, Land | 270 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,108 | |||
Total | 1,378 | |||
Accumulated Depreciation | $ 406 | |||
Date of Construction | 1992 | |||
Date Acquired | 2007 | |||
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 | Pensacola | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 207 | |||
Initial Costs to Company, Buildings and Improvements | 1,595 | |||
Gross Amount at Which Carried at Close of Period, Land | 207 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,595 | |||
Total | 1,802 | |||
Accumulated Depreciation | $ 580 | |||
Date of Construction | 1998 | |||
Date Acquired | 2007 | |||
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 | La Porte | TEXAS | ||||
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 | $ 378 | |||
Date of Construction | 1996 | |||
Date Acquired | 2009 | |||
Restaurant Properties | La Porte | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | La Porte | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Rowlett | TEXAS | ||||
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 | $ 273 | |||
Date of Construction | 1997 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Rowlett | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Rowlett | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Norman | OK | ||||
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 | $ 317 | |||
Date of Construction | 1991 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Norman | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Norman | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OK | ||||
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 | $ 205 | |||
Date of Construction | 2001 | |||
Date Acquired | 2009 | |||
Restaurant Properties | Oklahoma City | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OK | 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 | $ 90 | |||
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 | $ 100 | |||
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 | $ 96 | |||
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 | $ 100 | |||
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 | 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 | $ 97 | |||
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 | 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 | $ 97 | |||
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 | 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 | $ 302 | |||
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 | 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 | $ 328 | |||
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 | $ 392 | |||
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 | $ 294 | |||
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 | $ 354 | |||
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 | $ 271 | |||
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 | $ 244 | |||
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 | MN | ||||
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 | $ 562 | |||
Date of Construction | 1994 | |||
Date Acquired | 2011 | |||
Restaurant Properties | Mankato | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mankato | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Saint Paul | MN | ||||
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 | $ 505 | |||
Date of Construction | 1994 | |||
Date Acquired | 2011 | |||
Restaurant Properties | Saint Paul | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Saint Paul | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Jackson | MICHIGAN | ||||
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 | $ 283 | |||
Date of Construction | 1996 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Jackson | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Jackson | MICHIGAN | 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 | $ 288 | |||
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 | $ 192 | |||
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 | $ 228 | |||
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 | 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 | $ 205 | |||
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 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,258 | |||
Total | $ 1,258 | |||
Date of Construction | 1976 | |||
Date Acquired | 2015 | |||
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 | $ 180 | |||
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 | $ 199 | |||
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 | $ 278 | |||
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 | $ 313 | |||
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 | $ 244 | |||
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 | $ 175 | |||
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 | $ 276 | |||
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 | $ 218 | |||
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 | $ 259 | |||
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 | $ 300 | |||
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 | $ 330 | |||
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 | $ 367 | |||
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 | Marietta | OHIO | ||||
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 | $ 293 | |||
Date of Construction | 2007 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Marietta | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Marietta | OHIO | 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 | $ 83 | |||
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 | Pomeroy | OHIO | ||||
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 | $ 269 | |||
Date of Construction | 1997 | |||
Date Acquired | 2012 | |||
Restaurant Properties | Pomeroy | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Pomeroy | OHIO | 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 | $ 292 | |||
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 | 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 | $ 304 | |||
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 | 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 | $ 192 | |||
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 | 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 | $ 216 | |||
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 | 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 | $ 135 | |||
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 | 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 | $ 277 | |||
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 | 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 | $ 373 | |||
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 | 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 | $ 365 | |||
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 | 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 | $ 247 | |||
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 | 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 | $ 416 | |||
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 | $ 179 | |||
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 | $ 298 | |||
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 | Saint Petersburg | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 233 | |||
Initial Costs to Company, Buildings and Improvements | 1,440 | |||
Gross Amount at Which Carried at Close of Period, Land | 233 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,440 | |||
Total | 1,673 | |||
Accumulated Depreciation | $ 258 | |||
Date of Construction | 1988 | |||
Date Acquired | 2013 | |||
Restaurant Properties | Saint Petersburg | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Saint Petersburg | FL | 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 | $ 351 | |||
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 | $ 332 | |||
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 | OK | ||||
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 | $ 216 | |||
Date of Construction | 1975 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Moore | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Moore | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Del City | OK | ||||
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 | $ 227 | |||
Date of Construction | 1980 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Del City | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Del City | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OK | ||||
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 | $ 189 | |||
Date of Construction | 1977 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Oklahoma City | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OK | ||||
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 | $ 196 | |||
Date of Construction | 2003 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Oklahoma City | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Mustang | OK | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 70 | |||
Initial Costs to Company, Buildings and Improvements | 1,722 | |||
Gross Amount at Which Carried at Close of Period, Land | 70 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,722 | |||
Total | 1,792 | |||
Accumulated Depreciation | $ 288 | |||
Date of Construction | 2004 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Mustang | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mustang | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Fort Worth | TEXAS | ||||
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 | $ 160 | |||
Date of Construction | 2003 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Fort Worth | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Fort Worth | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Kearney | NE | ||||
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 | $ 213 | |||
Date of Construction | 1982 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Kearney | NE | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Kearney | NE | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Kearney | NE | ||||
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 | $ 219 | |||
Date of Construction | 1991 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Kearney | NE | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Kearney | NE | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Grand Island | NE | ||||
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 | NE | ||||
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 | $ 234 | |||
Date of Construction | 1986 | |||
Date Acquired | 2014 | |||
Restaurant Properties | Ogallala | NE | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Ogallala | NE | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Oklahoma City | OK | ||||
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 | $ 135 | |||
Date of Construction | 1970 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Oklahoma City | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oklahoma City | OK | 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 | $ 163 | |||
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 | $ 134 | |||
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 | $ 117 | |||
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 | $ 142 | |||
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 | $ 153 | |||
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 | 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 | $ 261 | |||
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 | 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 | $ 209 | |||
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 | 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 | 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 | $ 80 | |||
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 | 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 | $ 347 | |||
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 | $ 483 | |||
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 | 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 | $ 486 | |||
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 | 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 | $ 388 | |||
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 | 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 | $ 209 | |||
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 | 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 | $ 252 | |||
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 | $ 283 | |||
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 | 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 | $ 207 | |||
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 | $ 243 | |||
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 | $ 204 | |||
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 | $ 247 | |||
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 | $ 264 | |||
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 | $ 304 | |||
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 | $ 216 | |||
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 | $ 244 | |||
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 | $ 40 | |||
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 | $ 221 | |||
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 | $ 223 | |||
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 | $ 261 | |||
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 | $ 303 | |||
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 | $ 256 | |||
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 | $ 284 | |||
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 | $ 267 | |||
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 | $ 49 | |||
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 | $ 223 | |||
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 | $ 225 | |||
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 | $ 271 | |||
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 | 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 | $ 198 | |||
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 | 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 | $ 240 | |||
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 | 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 | $ 232 | |||
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 | $ 224 | |||
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 | $ 234 | |||
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 | 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 | $ 236 | |||
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 | 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 | $ 171 | |||
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 | 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 | $ 242 | |||
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 | 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 | $ 246 | |||
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 | 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 | $ 215 | |||
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 | Appleton | WI | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 34 | |||
Initial Costs to Company, Buildings and Improvements | 575 | |||
Gross Amount at Which Carried at Close of Period, Land | 34 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 575 | |||
Total | 609 | |||
Accumulated Depreciation | $ 73 | |||
Date of Construction | 1996 | |||
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 | 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 | $ 297 | |||
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 | 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 | $ 219 | |||
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 | 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 | $ 289 | |||
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 | 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 | $ 405 | |||
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 | Norman | OK | ||||
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 | $ 441 | |||
Date of Construction | 1982 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Norman | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Norman | OK | 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 | $ 411 | |||
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 | 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 | $ 486 | |||
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 | 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 | $ 428 | |||
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 | $ 351 | |||
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 | $ 351 | |||
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 | $ 379 | |||
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 | $ 393 | |||
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 | $ 419 | |||
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 | MN | ||||
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 | $ 400 | |||
Date of Construction | 2006 | |||
Date Acquired | 2015 | |||
Restaurant Properties | Oakdale | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oakdale | MN | 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 | $ 429 | |||
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 | Maplewood | MN | ||||
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 | $ 213 | |||
Date of Construction | 1983 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Maplewood | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Maplewood | MN | 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 | $ 302 | |||
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 | 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 | $ 358 | |||
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 | Lafayette | INDIANA | ||||
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 | $ 363 | |||
Date of Construction | 2012 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Lafayette | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lafayette | INDIANA | 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 | $ 450 | |||
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 | St. Mary's | OHIO | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 56 | |||
Initial Costs to Company, Buildings and Improvements | 3,997 | |||
Gross Amount at Which Carried at Close of Period, Land | 56 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 3,997 | |||
Total | 4,053 | |||
Accumulated Depreciation | $ 451 | |||
Date of Construction | 2011 | |||
Date Acquired | 2016 | |||
Restaurant Properties | St. Mary's | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | St. Mary's | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Round Rock | TEXAS | ||||
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 | $ 420 | |||
Date of Construction | 1984 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Round Rock | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Round Rock | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Austin | TEXAS | ||||
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 | $ 577 | |||
Date of Construction | 1998 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Austin | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Austin | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Austin | TEXAS | ||||
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 | $ 807 | |||
Date of Construction | 2006 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Austin | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Austin | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Austin | TEXAS | ||||
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 | $ 799 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Austin | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Austin | TEXAS | 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 | $ 251 | |||
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 | $ 228 | |||
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 | 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 | $ 263 | |||
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 | 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 | $ 255 | |||
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 | $ 249 | |||
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 | Bloomington | INDIANA | ||||
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 | $ 252 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Bloomington | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Bloomington | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Kokomo | INDIANA | ||||
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 | $ 269 | |||
Date of Construction | 1995 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Kokomo | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Kokomo | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Clarkston | MICHIGAN | ||||
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 | $ 302 | |||
Date of Construction | 1997 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Clarkston | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Clarkston | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Madison Heights | MICHIGAN | ||||
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 | $ 271 | |||
Date of Construction | 1995 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Madison Heights | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Madison Heights | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Brighton | MICHIGAN | ||||
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 | $ 297 | |||
Date of Construction | 1998 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Brighton | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Brighton | MICHIGAN | 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 | $ 306 | |||
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 | $ 252 | |||
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 | $ 248 | |||
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 | Harrisburg | PA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 735 | |||
Initial Costs to Company, Buildings and Improvements | 2,340 | |||
Gross Amount at Which Carried at Close of Period, Land | 735 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,340 | |||
Total | 3,075 | |||
Accumulated Depreciation | $ 238 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Harrisburg | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Harrisburg | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Beaumont | TEXAS | ||||
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 | $ 315 | |||
Date of Construction | 1996 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Beaumont | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Beaumont | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Desoto | TEXAS | ||||
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 | $ 264 | |||
Date of Construction | 1999 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Desoto | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Desoto | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lewisville | TEXAS | ||||
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 | $ 258 | |||
Date of Construction | 1994 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Lewisville | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lewisville | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Webster | TEXAS | ||||
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 | $ 267 | |||
Date of Construction | 1995 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Webster | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Webster | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 278 | |||
Date of Construction | 1998 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Harrisonburg | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Harrisonburg | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 293 | |||
Date of Construction | 1997 | |||
Date Acquired | 2016 | |||
Restaurant Properties | Beckley | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Beckley | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Brook Park | OHIO | ||||
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 | $ 155 | |||
Date of Construction | 2000 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Brook Park | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Brook Park | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Terre Haute | INDIANA | ||||
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 | $ 151 | |||
Date of Construction | 1984 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Terre Haute | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Terre Haute | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 159 | |||
Date of Construction | 1984 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Harmarville | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Harmarville | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Youngstown | OHIO | ||||
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 | $ 158 | |||
Date of Construction | 1983 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Youngstown | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Youngstown | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 146 | |||
Date of Construction | 2004 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Mars | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mars | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Lafayette | INDIANA | ||||
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 | $ 141 | |||
Date of Construction | 1976 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Lafayette | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Lafayette | INDIANA | 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 | $ 366 | |||
Initial Costs to Company, Buildings and Improvements | 1,505 | |||
Gross Amount at Which Carried at Close of Period, Land | 366 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,505 | |||
Total | 1,871 | |||
Accumulated Depreciation | $ 144 | |||
Date of Construction | 1983 | |||
Date Acquired | 2017 | |||
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 | Cincinnati | OHIO | ||||
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 | $ 140 | |||
Date of Construction | 1988 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Cincinnati | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cincinnati | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Delaware | OHIO | ||||
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 | $ 145 | |||
Date of Construction | 1987 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Delaware | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Delaware | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Wadsworth | OHIO | ||||
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 | $ 148 | |||
Date of Construction | 1989 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Wadsworth | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Wadsworth | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 195 | |||
Date of Construction | 1997 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Fort Wright | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Fort Wright | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Akron | OHIO | ||||
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 | $ 171 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Akron | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Akron | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Mt. Vernon | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 68 | |||
Initial Costs to Company, Buildings and Improvements | 1,849 | |||
Gross Amount at Which Carried at Close of Period, Land | 68 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,849 | |||
Total | 1,917 | |||
Accumulated Depreciation | $ 164 | |||
Date of Construction | 2001 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Mt. Vernon | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Mt. Vernon | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 158 | |||
Date of Construction | 2003 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Maysville | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Maysville | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 142 | |||
Date of Construction | 2004 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Parkersburg | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Parkersburg | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 143 | |||
Date of Construction | 2004 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Chesterton | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Chesterton | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 136 | |||
Date of Construction | 2005 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Huntington | WV | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Huntington | WV | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Amelia | OHIO | ||||
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 | $ 140 | |||
Date of Construction | 2006 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Amelia | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Amelia | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Bellefontaine | OHIO | ||||
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 | $ 159 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Bellefontaine | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Bellefontaine | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Logan | OHIO | ||||
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 | $ 178 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Logan | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Logan | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Harrison | OHIO | ||||
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 | $ 133 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Harrison | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Harrison | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Upper Sandusky | OHIO | ||||
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 | $ 103 | |||
Date of Construction | 1994 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Upper Sandusky | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Upper Sandusky | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 116 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Oak Ridge | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Oak Ridge | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 120 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Restaurant Properties | Alcoa | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Alcoa | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 60 | |||
Date of Construction | 1974 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Salisbury | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Salisbury | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 88 | |||
Date of Construction | 1975 | |||
Date Acquired | 2018 | |||
Restaurant Properties | High Point | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | High Point | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 157 | |||
Date of Construction | 1970 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Fayetteville | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Fayetteville | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | 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 | $ 67 | |||
Date of Construction | 1991 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Gastonia | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Gastonia | NC | 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 | $ 64 | |||
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 | Greenville | SOUTH CAROLINA | ||||
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 | $ 145 | |||
Date of Construction | 1973 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Greenville | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Greenville | SOUTH CAROLINA | 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 | $ 125 | |||
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 | $ 123 | |||
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 | 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 | $ 163 | |||
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 | 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 | $ 224 | |||
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 | Louisville | 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 | $ 135 | |||
Date of Construction | 1966 | |||
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 | 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 | $ 179 | |||
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 | Matthews | NC | ||||
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 | $ 53 | |||
Date of Construction | 2013 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Matthews | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Matthews | NC | 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 | $ 49 | |||
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 | 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 | $ 126 | |||
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 | 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 | $ 39 | |||
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 | 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 | $ 105 | |||
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 | 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 | $ 50 | |||
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 | 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 | $ 84 | |||
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 | 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 | $ 105 | |||
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 | 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 | $ 81 | |||
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 | 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 | $ 73 | |||
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 | Cincinnati | OHIO | ||||
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 | $ 46 | |||
Date of Construction | 1987 | |||
Date Acquired | 2018 | |||
Restaurant Properties | Cincinnati | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cincinnati | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Cincinnati | OHIO | ||||
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 | $ 35 | |||
Date of Construction | 1987 | |||
Date Acquired | 2019 | |||
Restaurant Properties | Cincinnati | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Cincinnati | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Restaurant Properties | Hamilton | OHIO | ||||
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 | $ 8 | |||
Date of Construction | 2004 | |||
Date Acquired | 2019 | |||
Restaurant Properties | Hamilton | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Restaurant Properties | Hamilton | OHIO | 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 | $ 32 | |||
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 | |||
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 | $ 69 | |||
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 | TEXAS | ||||
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 | $ 712 | |||
Date of Construction | 2008 | |||
Date Acquired | 2014 | |||
Office Properties | Mt. Pleasant | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Mt. Pleasant | TEXAS | 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 | $ 1,130 | |||
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 | $ 1,063 | |||
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 | TEXAS | ||||
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 | $ 1,135 | |||
Date of Construction | 1999 | |||
Date Acquired | 2018 | |||
Office Properties | Carrollton | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Carrollton | TEXAS | 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 | 1,727 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,534 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 26,760 | |||
Total | 28,294 | |||
Accumulated Depreciation | $ 377 | |||
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 | TEXAS | ||||
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 | $ 3,830 | |||
Date of Construction | 1984 | |||
Date Acquired | 2016 | |||
Office Properties | Austin | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Office Properties | Austin | TEXAS | 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 | $ 1,988 | |||
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 | |||
Office Properties | Rochester | NEW YORK | ||||
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 | $ 2,709 | |||
Date of Construction | 2001 | |||
Date Acquired | 2010 | |||
Office Properties | Rochester | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Rochester | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Groveport | OHIO | ||||
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 | $ 1,004 | |||
Date of Construction | 1979 | |||
Date Acquired | 2014 | |||
Office Properties | Groveport | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Groveport | OHIO | 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 | $ 3,482 | |||
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 | $ 803 | |||
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 | $ 2,992 | |||
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 | 54 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,806 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 8,780 | |||
Total | 11,586 | |||
Accumulated Depreciation | $ 939 | |||
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 | NEW YORK | ||||
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 | $ 2,171 | |||
Date of Construction | 1975 | |||
Date Acquired | 2017 | |||
Office Properties | Pittsford | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Pittsford | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Office Properties | Troy | MICHIGAN | ||||
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 | $ 1,168 | |||
Date of Construction | 1984 | |||
Date Acquired | 2017 | |||
Office Properties | Troy | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Office Properties | Troy | MICHIGAN | 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 | $ 288 | |||
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 | |||
Retail Properties | 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 | $ 362 | |||
Date of Construction | 1995 | |||
Date Acquired | 2017 | |||
Retail Properties | Oshkosh | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Oshkosh | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Mt. Pleasant | TEXAS | ||||
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 | $ 258 | |||
Date of Construction | 1972 | |||
Date Acquired | 2014 | |||
Retail Properties | Mt. Pleasant | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Mt. Pleasant | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Madill | OK | ||||
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 | $ 111 | |||
Date of Construction | 1993 | |||
Date Acquired | 2014 | |||
Retail Properties | Madill | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Madill | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Columbus | MN | ||||
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 | $ 83 | |||
Date of Construction | 1983 | |||
Date Acquired | 2017 | |||
Retail Properties | Columbus | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Columbus | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 345 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Retail Properties | Jacksonville | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Jacksonville | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 607 | |||
Date of Construction | 1992 | |||
Date Acquired | 2017 | |||
Retail Properties | Green Bay | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Green Bay | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Novi | MICHIGAN | ||||
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 | $ 1,038 | |||
Date of Construction | 1985 | |||
Date Acquired | 2017 | |||
Retail Properties | Novi | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Novi | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 365 | |||
Date of Construction | 1949 | |||
Date Acquired | 2016 | |||
Retail Properties | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Dallas | TEXAS | ||||
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 | $ 101 | |||
Date of Construction | 1984 | |||
Date Acquired | 2014 | |||
Retail Properties | Dallas | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Dallas | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Clinton Township | MICHIGAN | ||||
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 | $ 759 | |||
Date of Construction | 1987 | |||
Date Acquired | 2017 | |||
Retail Properties | Clinton Township | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Clinton Township | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Hickory | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 850 | |||
Initial Costs to Company, Buildings and Improvements | 1,984 | |||
Gross Amount at Which Carried at Close of Period, Land | 850 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 1,984 | |||
Total | 2,834 | |||
Accumulated Depreciation | $ 527 | |||
Date of Construction | 1985 | |||
Date Acquired | 2010 | |||
Retail Properties | Hickory | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Hickory | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Tulsa | OK | ||||
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 | $ 311 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Retail Properties | Tulsa | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Tulsa | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Warren | MICHIGAN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 158 | |||
Initial Costs to Company, Buildings and Improvements | 5,394 | |||
Gross Amount at Which Carried at Close of Period, Land | 158 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,394 | |||
Total | 5,552 | |||
Accumulated Depreciation | $ 426 | |||
Date of Construction | 1991 | |||
Date Acquired | 2017 | |||
Retail Properties | Warren | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Warren | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 84 | |||
Date of Construction | 1973 | |||
Date Acquired | 2016 | |||
Retail Properties | Henderson | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Henderson | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Lexington | SOUTH CAROLINA | ||||
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 | $ 41 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Retail Properties | Lexington | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Lexington | SOUTH CAROLINA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Fort Worth | TEXAS | ||||
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 | $ 109 | |||
Date of Construction | 1980 | |||
Date Acquired | 2014 | |||
Retail Properties | Fort Worth | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Fort Worth | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 104 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Properties | Sheffield | MASSACHUSETTS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Sheffield | MASSACHUSETTS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 219 | |||
Date of Construction | 1993 | |||
Date Acquired | 2017 | |||
Retail Properties | Manitowoc | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Manitowoc | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 322 | |||
Date of Construction | 2008 | |||
Date Acquired | 2017 | |||
Retail Properties | Wichita | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Wichita | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 82 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Properties | Harrisburg | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Harrisburg | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Cincinnati | OHIO | ||||
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 | $ 75 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Cincinnati | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Cincinnati | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 319 | |||
Date of Construction | 1993 | |||
Date Acquired | 2017 | |||
Retail Properties | Alcoa | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Alcoa | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 30 | |||
Date of Construction | 2002 | |||
Date Acquired | 2017 | |||
Retail Properties | Louisville | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Louisville | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 683 | |||
Date of Construction | 1991 | |||
Date Acquired | 2013 | |||
Retail Properties | Palmdale | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Palmdale | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 418 | |||
Date of Construction | 2006 | |||
Date Acquired | 2013 | |||
Retail Properties | Palmdale | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Palmdale | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 831 | |||
Date of Construction | 1991 | |||
Date Acquired | 2013 | |||
Retail Properties | Palmdale | CA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Palmdale | CA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 231 | |||
Date of Construction | 1909 | |||
Date Acquired | 2016 | |||
Retail Properties | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Wichita Falls | TEXAS | ||||
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 | $ 41 | |||
Date of Construction | 1995 | |||
Date Acquired | 2014 | |||
Retail Properties | Wichita Falls | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Wichita Falls | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Lytle | TEXAS | ||||
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 | $ 127 | |||
Date of Construction | 2008 | |||
Date Acquired | 2015 | |||
Retail Properties | Lytle | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Lytle | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | New Caney | TEXAS | ||||
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 | $ 122 | |||
Date of Construction | 1972 | |||
Date Acquired | 2015 | |||
Retail Properties | New Caney | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | New Caney | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 70 | |||
Date of Construction | 1978 | |||
Date Acquired | 2016 | |||
Retail Properties | Central City | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Central City | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 63 | |||
Date of Construction | 1972 | |||
Date Acquired | 2016 | |||
Retail Properties | Owensboro | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Owensboro | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 Properties | 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 | $ 236 | |||
Date of Construction | 1940 | |||
Date Acquired | 2016 | |||
Retail Properties | Sikeston | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Sikeston | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 211 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Properties | Marion | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Marion | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Marion | NEW YORK | ||||
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 | $ 95 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Retail Properties | Marion | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Marion | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 122 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Properties | Kennett | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Kennett | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 191 | |||
Date of Construction | 1970 | |||
Date Acquired | 2016 | |||
Retail Properties | Poplar Bluff | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Poplar Bluff | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 63 | |||
Date of Construction | 1988 | |||
Date Acquired | 2016 | |||
Retail Properties | Cape Girardeau | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Cape Girardeau | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 310 | |||
Date of Construction | 1978 | |||
Date Acquired | 2016 | |||
Retail Properties | Scott City | MO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Scott City | MO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 369 | |||
Date of Construction | 1966 | |||
Date Acquired | 2016 | |||
Retail Properties | Blytheville | AR | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Blytheville | AR | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 427 | |||
Date of Construction | 1961 | |||
Date Acquired | 2016 | |||
Retail Properties | Clarksville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Clarksville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Owensboro One | 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 | $ 81 | |||
Date of Construction | 1976 | |||
Date Acquired | 2016 | |||
Retail Properties | Owensboro One | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Owensboro One | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 57 | |||
Date of Construction | 2001 | |||
Date Acquired | 2016 | |||
Retail Properties | Evansville | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Evansville | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 162 | |||
Date of Construction | 2005 | |||
Date Acquired | 2016 | |||
Retail Properties | Haubstadt | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Haubstadt | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 176 | |||
Date of Construction | 1978 | |||
Date Acquired | 2016 | |||
Retail Properties | Otterbein | INDIANA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Otterbein | INDIANA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Ithaca | MICHIGAN | ||||
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 | $ 294 | |||
Date of Construction | 2015 | |||
Date Acquired | 2016 | |||
Retail Properties | Ithaca | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Ithaca | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 360 | |||
Date of Construction | 2014 | |||
Date Acquired | 2016 | |||
Retail Properties | Gillette | WYOMING | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Gillette | WYOMING | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Lansing | MICHIGAN | ||||
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 | $ 1,097 | |||
Date of Construction | 1999 | |||
Date Acquired | 2017 | |||
Retail Properties | Lansing | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Lansing | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Flint | MICHIGAN | ||||
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 | $ 632 | |||
Date of Construction | 1977 | |||
Date Acquired | 2017 | |||
Retail Properties | Flint | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Flint | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Chesterfield | MICHIGAN | ||||
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 | $ 796 | |||
Date of Construction | 2003 | |||
Date Acquired | 2017 | |||
Retail Properties | Chesterfield | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Chesterfield | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Traverse City | MICHIGAN | ||||
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 | $ 671 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Retail Properties | Traverse City | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Traverse City | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Grandville | MICHIGAN | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 339 | |||
Initial Costs to Company, Buildings and Improvements | 4,368 | |||
Gross Amount at Which Carried at Close of Period, Land | 339 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 4,368 | |||
Total | 4,707 | |||
Accumulated Depreciation | $ 356 | |||
Date of Construction | 2002 | |||
Date Acquired | 2017 | |||
Retail Properties | Grandville | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Grandville | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Grand Rapids | MICHIGAN | ||||
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 | $ 87 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Grand Rapids | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Grand Rapids | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | San Antonio | TEXAS | ||||
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 | $ 102 | |||
Date of Construction | 1998 | |||
Date Acquired | 2017 | |||
Retail Properties | San Antonio | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | San Antonio | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Selma | TEXAS | ||||
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 | $ 86 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Retail Properties | Selma | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Selma | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 69 | |||
Date of Construction | 1997 | |||
Date Acquired | 2017 | |||
Retail Properties | Linwood | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Linwood | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Vinton | TEXAS | ||||
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 | $ 52 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Retail Properties | Vinton | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Vinton | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 61 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Retail Properties | Dunn | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Dunn | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | San Marcos | TEXAS | ||||
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 | $ 83 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Retail Properties | San Marcos | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | San Marcos | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 219 | |||
Date of Construction | 2002 | |||
Date Acquired | 2017 | |||
Retail Properties | Sheboygan | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Sheboygan | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 56 | |||
Date of Construction | 2006 | |||
Date Acquired | 2017 | |||
Retail Properties | Fond Du Lac | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Fond Du Lac | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 372 | |||
Date of Construction | 2007 | |||
Date Acquired | 2017 | |||
Retail Properties | Boynton Beach | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Boynton Beach | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 246 | |||
Date of Construction | 1999 | |||
Date Acquired | 2017 | |||
Retail Properties | Jacksonville | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Jacksonville | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 338 | |||
Date of Construction | 2009 | |||
Date Acquired | 2017 | |||
Retail Properties | Miami Gardens | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Miami Gardens | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 456 | |||
Date of Construction | 2006 | |||
Date Acquired | 2017 | |||
Retail Properties | Orange Park | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Orange Park | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 325 | |||
Date of Construction | 2005 | |||
Date Acquired | 2017 | |||
Retail Properties | Milton | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Milton | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Wichita | 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 | $ 184 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Retail Properties | Wichita | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Wichita | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Wichita | 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 | $ 185 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Retail Properties | Wichita | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Wichita | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Wichita | 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 | $ 166 | |||
Date of Construction | 2008 | |||
Date Acquired | 2018 | |||
Retail Properties | Wichita | KS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Wichita | KS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Texarkana | TEXAS | ||||
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 | $ 224 | |||
Date of Construction | 2016 | |||
Date Acquired | 2018 | |||
Retail Properties | Texarkana | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Texarkana | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 234 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Retail Properties | Pace | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 7 years | |||
Retail Properties | Pace | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Hoosick Falls | NEW YORK | ||||
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 | $ 120 | |||
Date of Construction | 2012 | |||
Date Acquired | 2017 | |||
Retail Properties | Hoosick Falls | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Hoosick Falls | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Hadley | NEW YORK | ||||
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 | $ 123 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Hadley | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Hadley | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Cairo | NEW YORK | ||||
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 | $ 110 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Cairo | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Cairo | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Bridgewater | NEW YORK | ||||
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 | $ 112 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Bridgewater | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Bridgewater | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Valatie | NEW YORK | ||||
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 | $ 118 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Valatie | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Valatie | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Wurtsboro | NEW YORK | ||||
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 | $ 120 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Wurtsboro | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Wurtsboro | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Ellenburg Center | NEW YORK | ||||
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 | $ 112 | |||
Date of Construction | 2014 | |||
Date Acquired | 2017 | |||
Retail Properties | Ellenburg Center | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Ellenburg Center | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Oswego | NEW YORK | ||||
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 | $ 112 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Properties | Oswego | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Oswego | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | San Antonio | TEXAS | ||||
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 | $ 27 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | San Antonio | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | San Antonio | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Dayton | OHIO | ||||
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 | $ 85 | |||
Date of Construction | 2013 | |||
Date Acquired | 2017 | |||
Retail Properties | Dayton | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Dayton | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | West Alexandria | OHIO | ||||
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 | $ 73 | |||
Date of Construction | 2011 | |||
Date Acquired | 2017 | |||
Retail Properties | West Alexandria | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | West Alexandria | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Cedar Hill | TEXAS | ||||
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 | $ 112 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Properties | Cedar Hill | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Cedar Hill | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 136 | |||
Date of Construction | 2017 | |||
Date Acquired | 2017 | |||
Retail Properties | Bear | Delaware | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Bear | Delaware | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 213 | |||
Date of Construction | 2016 | |||
Date Acquired | 2017 | |||
Retail Properties | Smyrna | Delaware | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Smyrna | Delaware | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 262 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Retail Properties | North Fort Myers | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | North Fort Myers | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Downers Grove | IL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 1,919 | |||
Initial Costs to Company, Buildings and Improvements | 16,366 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,919 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 16,366 | |||
Total | 18,285 | |||
Accumulated Depreciation | $ 693 | |||
Date of Construction | 1974 | |||
Date Acquired | 2018 | |||
Retail Properties | Downers Grove | IL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Downers Grove | IL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Benzonia | MICHIGAN | ||||
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 | $ 139 | |||
Date of Construction | 2014 | |||
Date Acquired | 2018 | |||
Retail Properties | Benzonia | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Benzonia | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Flushing | MICHIGAN | ||||
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 | $ 137 | |||
Date of Construction | 2014 | |||
Date Acquired | 2018 | |||
Retail Properties | Flushing | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Flushing | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Anderson | SOUTH CAROLINA | ||||
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 | $ 157 | |||
Date of Construction | 2008 | |||
Date Acquired | 2018 | |||
Retail Properties | Anderson | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Anderson | SOUTH CAROLINA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 149 | |||
Date of Construction | 2005 | |||
Date Acquired | 2018 | |||
Retail Properties | Elizabethton | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Elizabethton | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 152 | |||
Date of Construction | 2003 | |||
Date Acquired | 2018 | |||
Retail Properties | Greeneville | TN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Greeneville | TN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Jacksonville | 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 | $ 26 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Jacksonville | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Jacksonville | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Lexington | SOUTH CAROLINA | ||||
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 | $ 32 | |||
Date of Construction | 2015 | |||
Date Acquired | 2018 | |||
Retail Properties | Lexington | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Lexington | SOUTH CAROLINA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Orangeburg | SOUTH CAROLINA | ||||
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 | $ 140 | |||
Date of Construction | 2006 | |||
Date Acquired | 2018 | |||
Retail Properties | Orangeburg | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Orangeburg | SOUTH CAROLINA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | West Columbia | SOUTH CAROLINA | ||||
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 | $ 46 | |||
Date of Construction | 2016 | |||
Date Acquired | 2018 | |||
Retail Properties | West Columbia | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | West Columbia | SOUTH CAROLINA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Big Spring | TEXAS | ||||
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 | $ 72 | |||
Date of Construction | 2008 | |||
Date Acquired | 2018 | |||
Retail Properties | Big Spring | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Big Spring | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Cuero | TEXAS | ||||
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 | $ 75 | |||
Date of Construction | 2010 | |||
Date Acquired | 2018 | |||
Retail Properties | Cuero | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Cuero | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 19 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Berry | AL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Berry | AL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 24 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Albany | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Albany | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 32 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Rex | GA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Rex | GA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | North Charleston | SOUTH CAROLINA | ||||
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 | $ 28 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | North Charleston | SOUTH CAROLINA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | North Charleston | SOUTH CAROLINA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Apple Springs | TEXAS | ||||
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 | $ 19 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Apple Springs | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Apple Springs | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Dawson | TEXAS | ||||
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 | $ 19 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Dawson | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Dawson | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 26 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Monroe | UT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Monroe | UT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 27 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Broadway | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Broadway | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Tyler | MN | ||||
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 | $ 20 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Tyler | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Tyler | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Tyler | TEXAS | ||||
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 | $ 24 | |||
Date of Construction | 2006 / 2016 | |||
Date Acquired | 2019 | |||
Retail Properties | Tyler | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Tyler | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Preston | MN | ||||
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 | $ 28 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Preston | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Preston | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Rushford | MN | ||||
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 | $ 21 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Rushford | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Rushford | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Lorain | OHIO | ||||
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 | $ 30 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Lorain | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Lorain | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Bagley | MN | ||||
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 | $ 27 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Bagley | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Bagley | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 23 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Retail Properties | Greenwood | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Greenwood | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Cass Lake | MN | ||||
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 | $ 29 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Retail Properties | Cass Lake | MN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Cass Lake | MN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 20 | |||
Date of Construction | 2013 | |||
Date Acquired | 2019 | |||
Retail Properties | Wild Rose | WI | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Wild Rose | WI | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Comanche | TEXAS | ||||
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 | $ 29 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Comanche | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Comanche | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Levelland | TEXAS | ||||
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 | $ 26 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Levelland | TEXAS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Levelland | TEXAS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Saginaw | MICHIGAN | ||||
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 | $ 29 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Saginaw | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Saginaw | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 30 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Des Moines | IOWA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Des Moines | IOWA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 32 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Georgetown | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Georgetown | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 24 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Davenport | IOWA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Davenport | IOWA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Grand Ledge | MICHIGAN | ||||
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 | $ 49 | |||
Date of Construction | 2002 | |||
Date Acquired | 2019 | |||
Retail Properties | Grand Ledge | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Grand Ledge | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Lansing | MICHIGAN | ||||
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 | $ 49 | |||
Date of Construction | 2011 | |||
Date Acquired | 2019 | |||
Retail Properties | Lansing | MICHIGAN | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Lansing | MICHIGAN | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 52 | |||
Date of Construction | 2011 | |||
Date Acquired | 2019 | |||
Retail Properties | Williamsburg | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Williamsburg | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Buckeye | AZ | ||||
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 | $ 22 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Buckeye | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Buckeye | AZ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | Tucson | AZ | ||||
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 | $ 12 | |||
Date of Construction | 2014 | |||
Date Acquired | 2019 | |||
Retail Properties | Tucson | AZ | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Tucson | AZ | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 18 | |||
Date of Construction | 2012 | |||
Date Acquired | 2019 | |||
Retail Properties | Laurel | MS | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Laurel | MS | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Retail Properties | 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 | $ 11 | |||
Date of Construction | 2012 | |||
Date Acquired | 2019 | |||
Retail Properties | Edgewood | NM | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Retail Properties | Edgewood | NM | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | Columbus | OHIO | ||||
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 | $ 20 | |||
Date of Construction | 1981 | |||
Date Acquired | 2013 | |||
Other | Columbus | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Columbus | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | Pittsburg | 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 | $ 67 | |||
Date of Construction | 1989 | |||
Date Acquired | 2013 | |||
Other | Pittsburg | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Pittsburg | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | Norman | OK | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 68 | |||
Initial Costs to Company, Buildings and Improvements | 5,358 | |||
Gross Amount at Which Carried at Close of Period, Land | 68 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 5,358 | |||
Total | 5,426 | |||
Accumulated Depreciation | $ 671 | |||
Date of Construction | 1965 | |||
Date Acquired | 2016 | |||
Other | Norman | OK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Norman | OK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 27 years 6 months | |||
Other | Lexington | KY | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 28 | |||
Initial Costs to Company, Buildings and Improvements | 2,605 | |||
Gross Amount at Which Carried at Close of Period, Land | 28 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 2,605 | |||
Total | 2,633 | |||
Accumulated Depreciation | $ 206 | |||
Date of Construction | 1985 | |||
Date Acquired | 2017 | |||
Other | Lexington | KY | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Lexington | KY | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 27 years 6 months | |||
Other | Tallahassee | FL | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 74 | |||
Initial Costs to Company, Buildings and Improvements | 7,476 | |||
Gross Amount at Which Carried at Close of Period, Land | 74 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 7,476 | |||
Total | 7,550 | |||
Accumulated Depreciation | $ 586 | |||
Date of Construction | 2015 | |||
Date Acquired | 2017 | |||
Other | Tallahassee | FL | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Tallahassee | FL | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 27 years 6 months | |||
Other | Cincinnati | OHIO | ||||
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 | $ 56 | |||
Date of Construction | 1976 | |||
Date Acquired | 2013 | |||
Other | Cincinnati | OHIO | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Cincinnati | OHIO | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | 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 | $ 56 | |||
Date of Construction | 1986 | |||
Date Acquired | 2013 | |||
Other | White Marsh | MD | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | White Marsh | MD | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | 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 | $ 47 | |||
Date of Construction | 1986 | |||
Date Acquired | 2013 | |||
Other | Manassas | VA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Manassas | VA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | 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 | $ 14 | |||
Date of Construction | 1960 | |||
Date Acquired | 2013 | |||
Other | Morrisville | NC | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Morrisville | NC | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | 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 | $ 33 | |||
Date of Construction | 1984 | |||
Date Acquired | 2013 | |||
Other | Aston | PA | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Aston | PA | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | Windsor | CONNECTICUT | ||||
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 | $ 66 | |||
Date of Construction | 1986 | |||
Date Acquired | 2013 | |||
Other | Windsor | CONNECTICUT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Windsor | CONNECTICUT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | Greenwich | CONNECTICUT | ||||
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 | $ 204 | |||
Date of Construction | 1967 | |||
Date Acquired | 2014 | |||
Other | Greenwich | CONNECTICUT | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Greenwich | CONNECTICUT | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 39 years | |||
Other | Sterling | VA | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Encumbrance | $ 17,885 | |||
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 | |||
Other | Oneonta | NEW YORK | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Initial Costs to Company, Land | $ 23 | |||
Initial Costs to Company, Buildings and Improvements | 838 | |||
Gross Amount at Which Carried at Close of Period, Land | 23 | |||
Gross Amount at Which Carried at Close of Period, Buildings and Improvements | 838 | |||
Total | 861 | |||
Accumulated Depreciation | $ 67 | |||
Date of Construction | 1893 | |||
Date Acquired | 2017 | |||
Other | Oneonta | NEW YORK | Minimum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 15 years | |||
Other | Oneonta | NEW YORK | Maximum | ||||
Real Estate And Accumulated Depreciation [Line Items] | ||||
Life on Which Depreciation is Computed (Years) | 27 years 6 months |
Schedule III - Real Estate As_3
Schedule III - Real Estate Assets and Accumulated Depreciation (Parenthetical) (Detail) $ in Thousands | Dec. 31, 2019USD ($) |
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, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |||
Balance, beginning of period | $ 2,848,735 | $ 2,334,524 | $ 1,743,403 |
Acquisitions and building improvements | 984,760 | 568,036 | 640,961 |
Dispositions | (143,688) | (51,950) | (47,181) |
Impairment | (3,363) | (1,875) | (2,659) |
Balance, end of period | $ 3,686,444 | $ 2,848,735 | $ 2,334,524 |
Schedule III - Change in Accumu
Schedule III - Change in Accumulated Depreciation (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |||
Balance, beginning of period | $ 206,989 | $ 148,383 | $ 105,703 |
Acquisitions and building improvements | 83,797 | 66,156 | 49,832 |
Dispositions | (19,317) | (7,376) | (6,942) |
Impairment | (425) | (174) | (210) |
Balance, end of period | $ 271,044 | $ 206,989 | $ 148,383 |