Cim Real Estate Finance Trust (CMRF) 10-K 27 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) shares in Millions, $ in Billions	12 Months Ended
	Dec. 31, 2018	Mar. 14, 2019	Jun. 29, 2018
Document and Entity Information
Entity Registrant Name	COLE CREDIT PROPERTY TRUST IV, INC.
Entity Central Index Key	0001498547
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity common stock, shares outstanding (shares)		311.3
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 2.9

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Real estate assets:
Land	$ 1,172,449	$ 1,193,029
Buildings, fixtures and improvements	3,271,592	3,371,563
Intangible lease assets	554,868	589,930
Total real estate assets, at cost	4,998,909	5,154,522
Less: accumulated depreciation and amortization	(597,756)	(526,976)
Total real estate assets, net	4,401,153	4,627,546
Loans held-for-investment, net	89,762	0
Cash and cash equivalents	10,533	4,745
Restricted cash	9,141	9,098
Rents and tenant receivables, net	81,686	71,859
Due from affiliates	0	56
Derivative assets, revenue bonds, prepaid expenses and other assets	16,229	12,351
Deferred costs, net	2,087	3,034
Assets held for sale	6,780	0
Total assets	4,617,371	4,728,689
LIABILITIES AND STOCKHOLDERS’ EQUITY
Notes payable and credit facility, net	2,516,914	2,471,763
Accounts payable and accrued expenses	25,014	24,635
Due to affiliates	5,156	1,984
Intangible lease liabilities, net	36,418	45,572
Distributions payable	16,518	16,531
Deferred rental income and other liabilities	16,254	11,539
Total liabilities	2,616,274	2,572,024
Commitments and contingencies
Redeemable common stock and noncontrolling interest	184,247	186,453
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.01 par value per share; 490,000,000 shares authorized, 311,381,396 and 311,582,319 shares issued and outstanding as of December 31, 2018 and 2017, respectively	3,114	3,116
Capital in excess of par value	2,607,330	2,607,300
Accumulated distributions in excess of earnings	(804,617)	(646,834)
Accumulated other comprehensive income	11,023	6,630
Total stockholders’ equity	1,816,850	1,970,212
Total liabilities, redeemable common stock, noncontrolling interest and stockholders’ equity	$ 4,617,371	$ 4,728,689

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (shares)	10,000,000	10,000,000
Preferred stock, shares issued (shares)	0	0
Preferred stock, shares outstanding (shares)	0	0
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	490,000,000	490,000,000
Common stock, shares issued (shares)	311,381,396	311,582,319
Common stock, shares outstanding (shares)	311,381,396	311,582,319

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Rental income	$ 371,235	$ 371,929	$ 356,126
Tenant reimbursement income	58,401	52,166	51,325
Interest income	1,640	0	0
Total revenues	431,276	424,095	407,451
Operating expenses:
General and administrative	14,127	13,716	12,502
Property operating	30,267	29,777	23,176
Real estate tax	37,898	37,489	35,063
Advisory fees and expenses	43,399	44,072	41,926
Transaction-related	2,601	1,599	4,191
Depreciation and amortization	140,979	141,392	134,672
Impairment	32,975	2,855	6,737
Total operating expenses	302,246	270,900	258,267
Gain on disposition of real estate, net	6,299	17,044	2,907
Operating income	135,329	170,239	152,091
Other income (expense):
Interest expense and other, net	(97,917)	(90,688)	(79,465)
Loss recognized on equity interest remeasured to fair value	0	0	(647)
Total other income (expense)	(97,917)	(90,688)	(80,112)
Net income	37,412	79,551	71,979
Net income allocated to noncontrolling interest	134	131	137
Net income attributable to the Company	$ 37,278	$ 79,420	$ 71,842
Weighted average number of common shares outstanding:
Basic and diluted (shares)	311,478,665	311,677,149	311,863,844
Net income per common share:
Basic and diluted (USD per share)	$ 0.12	$ 0.25	$ 0.23

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 37,412	$ 79,551	$ 71,979
Other comprehensive income:
Unrealized gain (loss) on interest rate swaps	8,210	4,551	(4,422)
Amount of (gain) loss reclassified from other comprehensive income into income as interest expense and other, net	(4,305)	3,103	8,757
Total other comprehensive income	3,905	7,654	4,335
Comprehensive income	41,317	87,205	76,314
Comprehensive income allocated to noncontrolling interest	134	131	137
Comprehensive income attributable to the Company	$ 41,183	$ 87,074	$ 76,177

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Capital in Excess of Par Value	Accumulated Distributions in Excess of Earnings	Accumulated Other Comprehensive Income
Balance (shares) at Dec. 31, 2015		312,093,211
Balance at Dec. 31, 2015	$ 2,196,554	$ 3,121	$ 2,607,367	$ (408,575)	$ (5,359)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (shares)		11,234,006
Issuance of common stock	109,166	$ 112	109,054
Distributions declared on common stock — $0.625 per common share	(194,834)			(194,834)
Offering costs related to DRIP Offerings	(68)		(68)
Redemptions of common stock (shares)		(11,510,213)
Redemptions of common stock	(110,655)	$ (115)	(110,540)
Changes in redeemable common stock	1,491		1,491
Comprehensive income	76,177			71,842	4,335
Balance (shares) at Dec. 31, 2016		311,817,004
Balance at Dec. 31, 2016	2,077,831	$ 3,118	2,607,304	(531,567)	(1,024)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (shares)		10,095,437
Issuance of common stock	101,344	$ 101	101,243
Distributions declared on common stock — $0.625 per common share	(194,687)			(194,687)
Redemptions of common stock (shares)		(10,330,122)
Redemptions of common stock	(103,675)	$ (103)	(103,572)
Changes in redeemable common stock	2,325		2,325
Comprehensive income	$ 87,074			79,420	7,654
Balance (shares) at Dec. 31, 2017	311,582,319	311,582,319
Balance at Dec. 31, 2017	$ 1,970,212	$ 3,116	2,607,300	(646,834)	6,630
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (shares)		9,615,850
Issuance of common stock	91,764	$ 96	91,668
Equity-based compensation (shares)		14,008
Equity-based compensation	33		33
Distributions declared on common stock — $0.625 per common share	(194,573)			(194,573)
Redemptions of common stock (shares)		(9,830,781)
Redemptions of common stock	(93,830)	$ (98)	(93,732)
Changes in redeemable common stock	2,061		2,061
Comprehensive income	$ 41,183			37,278	3,905
Balance (shares) at Dec. 31, 2018	311,381,396	311,381,396
Balance at Dec. 31, 2018	$ 1,816,850	$ 3,114	$ 2,607,330	$ (804,617)	$ 11,023

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Stockholders' Equity [Abstract]
Distributions declared per common share (USD per share)	$ 0.625	$ 0.625	$ 0.625

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Cash flows from operating activities:
Net income	$ 37,412	$ 79,551	$ 71,979
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, net	139,330	139,253	133,549
Amortization of deferred financing costs	5,351	5,313	5,711
Amortization of fair value adjustments of mortgage notes payable assumed	(88)	(86)	(84)
Amortization and (accretion) on deferred loan fees	(268)	0	0
Equity-based compensation	33	0	0
Straight-line rental income	(8,077)	(10,082)	(11,555)
Bad debt expense	522	1,908	9
Equity in income of unconsolidated joint venture	0	0	(615)
Return on investment from unconsolidated joint venture	0	0	615
Gain on disposition of real estate assets, net	(6,299)	(17,044)	(2,907)
Impairment of real estate assets	32,975	2,855	6,737
Fair value adjustment to contingent consideration	0	(337)	(2,667)
Ineffectiveness of interest rate swaps	0	(488)	0
Write-off of deferred financing costs	46	896	0
Loss recognized on equity interest remeasured to fair value	0	0	647
Changes in assets and liabilities:
Rents and tenant receivables	(2,432)	862	(4,023)
Prepaid expenses and other assets	(833)	(67)	(884)
Accounts payable and accrued expenses	14	(192)	958
Deferred rental income and other liabilities	4,921	(70)	(4,883)
Due from affiliates	56	2	(11)
Due to affiliates	3,172	(3,349)	(280)
Net cash provided by operating activities	205,835	198,925	192,296
Cash flows from investing activities:
Investment in real estate assets and capital expenditures	(19,202)	(320,700)	(219,502)
Origination of loans held-for-investment	(89,295)	0	0
Origination fees received on loans held-for-investment	185	0	0
Investment in revenue bonds	0	(2,081)	0
Return of investment in unconsolidated joint venture	0	0	1,033
Acquisition of unconsolidated joint venture partner’s interest	0	0	(1,626)
Net proceeds from disposition of real estate assets	64,180	99,013	30,811
Payment of property escrow deposits	(1,100)	(11,472)	(5,854)
Refund of property escrow deposits	1,100	11,722	6,604
Proceeds from the settlement of insurance claims	240	132	788
Net cash used in investing activities	(43,892)	(223,386)	(187,746)
Cash flows from financing activities:
Redemptions of common stock	(93,830)	(103,675)	(110,655)
Offering costs related to DRIP Offerings	0	0	(68)
Distributions to stockholders	(102,822)	(93,310)	(85,740)
Proceeds from notes payable and credit facility	268,000	1,572,706	493,420
Repayments of notes payable and credit facility, net of swap termination payments received	(227,181)	(1,341,617)	(313,426)
Payment of loan deposits	0	(1,139)	(3,378)
Refund of loan deposits	0	1,064	3,378
Deferred financing costs paid	0	(13,228)	(3,344)
Distributions to noncontrolling interest	(279)	(291)	(269)
Earnout liability paid	0	0	(1,264)
Net cash (used in) provided by financing activities	(156,112)	20,510	(21,346)
Net increase (decrease) in cash and cash equivalents and restricted cash	5,831	(3,951)	(16,796)
Cash and cash equivalents and restricted cash, beginning of period	13,843	17,794	34,590
Cash and cash equivalents and restricted cash, end of period	19,674	13,843	17,794
Reconciliation of cash and cash equivalents and restricted cash to the consolidated balance sheets:
Cash and cash equivalents	10,533	4,745	9,754
Restricted cash	$ 9,141	$ 9,098	$ 8,040

Organization and Business

Organization and Business	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS	ORGANIZATION AND BUSINESS Cole Credit Property Trust IV, Inc. (the “Company”) is a non-exchange traded real estate investment trust (“REIT”) formed as a Maryland corporation, incorporated on July 27, 2010, that elected to be taxed, and currently qualifies, as a REIT for U.S. federal income tax purposes beginning with its taxable year ended December 31, 2012. Substantially all of the Company’s business is conducted through Cole Operating Partnership IV, LP, a Delaware limited partnership, of which the Company is the sole general partner and owns, directly or indirectly, 100% of the partnership interests. The Company is externally managed by Cole REIT Management IV, LLC, a Delaware limited liability company (“CR IV Management”) (formerly known as Cole REIT Advisors IV, LLC), an affiliate of CIM Group, LLC (“CIM”), a vertically-integrated owner and operator of real assets with multidisciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and asset management capabilities headquartered in Los Angeles, California with offices in Oakland, California; Bethesda, Maryland; Dallas, Texas; New York, New York; Chicago, Illinois; and Phoenix, Arizona. On February 1, 2018, CIM acquired CCO Group, LLC and its subsidiaries (collectively, “CCO Group”) from VEREIT Operating Partnership, L.P. (“VEREIT OP”), a subsidiary of VEREIT, Inc. (“VEREIT”) (the “Transaction”). CCO Group, LLC owns and controls CR IV Management, the Company’s advisor, and is the indirect owner of CCO Capital, LLC (“CCO Capital”), the Company’s dealer manager, and CREI Advisors, LLC (“CREI Advisors”), the Company’s property manager. CCO Group serves as the Company’s sponsor and as a sponsor to Cole Credit Property Trust V, Inc. (“CCPT V”), Cole Office & Industrial REIT (CCIT II), Inc. (“CCIT II”), Cole Office & Industrial REIT (CCIT III), Inc. (“CCIT III”), and CIM Income NAV, Inc. (formerly known as Cole Real Estate Income Strategy (Daily NAV), Inc.). On January 26, 2012 , the Company commenced its initial public offering on a “best efforts” basis of up to a maximum of $2.975 billion in shares of common stock (the “Offering”). The Company ceased issuing shares in the Offering on April 4, 2014. The Company registered $247.0 million of shares of common stock under the distribution reinvestment plan (the “DRIP”) (the “Initial DRIP Offering”), which was filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 19, 2013 and automatically became effective with the SEC upon filing. The Company ceased issuing shares under the Initial DRIP Offering effective as of June 30, 2016. The Company registered an additional $600.0 million of shares of common stock under the DRIP (the “Secondary DRIP Offering,” and together with the Initial DRIP Offering, the “DRIP Offerings,” and the DRIP Offerings collectively with the Offering, the “Offerings”), which was filed with the SEC on August 2, 2016 and automatically became effective with the SEC upon filing. The Company began to issue shares under the Secondary DRIP Offering on August 2, 2016 and will continue to issue shares under the Secondary DRIP Offering. The Company’s board of directors (the “Board”) establishes an updated estimated per share net asset value (“NAV”) of the Company’s common stock for purposes of assisting broker-dealers that participated in the Offering in meeting their customer account reporting obligations under National Association of Securities Dealers Conduct Rule 2340. Distributions are reinvested in shares of the Company’s common stock under the DRIP at the estimated per share NAV as determined by the Board. Additionally, the estimated per share NAV as determined by the Board serves as the per share NAV for purposes of the share redemption program. As of December 31, 2018, the estimated per share NAV was $9.37 per share, which was established on March 28, 2018 using a valuation date of December 31, 2017. On March 20, 2019, the Board established an updated estimated per share NAV of the Company’s common stock, using a valuation date of December 31, 2018, of $8.65 per share. Commencing on March 26, 2019, distributions are reinvested in shares of the Company’s common stock under the DRIP at a price of $8.65 per share. The Board establishes an updated per share NAV of the Company’s common stock on an annual basis, having previously established a per share NAV as of August 31, 2015, September 30, 2016, December 31, 2016 and December 31, 2017. The Company’s estimated per share NAVs are not audited or reviewed by its independent registered public accounting firm. As of December 31, 2018 , the Company had issued approximately 348.8 million shares of its common stock in the Offerings, including 50.5 million shares issued in the DRIP Offerings, for gross offering proceeds of $3.5 billion before organization and offering costs, selling commissions and dealer manager fees of $306.0 million . As of December 31, 2018 , the Company owned 890 properties, including nine properties owned through a consolidated joint venture arrangement (the “Consolidated Joint Venture”), comprising 26.5 million rentable square feet of commercial space located in 45 states. As of December 31, 2018 , the rentable square feet at these properties was 96.2% leased, including month-to-month agreements, if any.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”), in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements. Principles of Consolidation and Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries and the Consolidated Joint Venture in which the Company has a controlling financial interest. All intercompany balances and transactions have been eliminated in consolidation. The Company evaluates its relationships and investments to determine if it has variable interests. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns. If the Company determines that it has a variable interest in an entity, it evaluates whether such interest is in a variable interest entity (“VIE”). VIEs are entities where investors lack sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or where equity investors, as a group, lack one of the following characteristics: (a) the power to direct the activities that most significantly impact the entity’s economic performance, (b) the obligation to absorb the expected losses of the entity, or (c) the right to receive the expected returns of the entity. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations. For legal entities being evaluated for consolidation, the Company must first determine whether the interests that it holds and fees it receives qualify as variable interests in the entity. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns. The Company’s evaluation includes consideration of fees paid to the Company where the Company acts as a decision maker or service provider to the entity being evaluated. If the Company determines that it holds a variable interest in an entity, it evaluates whether that entity is a VIE. A VIE must be consolidated by its primary beneficiary, which is generally defined as the party who has a controlling financial interest in the VIE. The Company qualitatively assesses whether it is (or is not) the primary beneficiary of a VIE. Consideration of various factors include, but are not limited to, the Company’s ability to direct the activities that most significantly impact the entity’s economic performance and its obligation to absorb losses from or right to receive benefits of the VIE that could potentially be significant to the VIE. The Company consolidates any VIEs when the Company is determined to be the primary beneficiary of the VIE and the difference between consolidating the VIE and accounting for it using the equity method could be material to the Company’s consolidated financial statements. The Company continually evaluates the need to consolidate any VIEs based on standards set forth in GAAP as described above. As of December 31, 2018 and 2017 , the Company determined that it had a controlling interest in the Consolidated Joint Venture and therefore met the GAAP requirements for consolidation. Reclassifications In November 2018, the SEC finalized the Disclosure Update Simplification Project, which eliminated Rule 3-15(a)(1) reporting of Gain or Loss on Sale of Properties by REITs. To conform with Accounting Standards Codification (“ASC”) 360, Property, Plant, and Equipment and the SEC rule change, the Company has classified the gain on dispositions of real estate assets, net in operating income in the Company’s consolidated statements of operations. This change resulted in an increase in operating income of $17.0 million and $2.9 million during the years ended December 31, 2017 and 2016, respectively. The Company adopted ASU 2017-12, as defined in “Recent Accounting Pronouncements,” during the first quarter of fiscal year 2018. Accordingly, for the year ended December 31, 2018, the Company recorded a cumulative-effect adjustment related to eliminating the separate measurement of ineffectiveness to accumulated other comprehensive income with a corresponding adjustment to the opening balance of accumulated distributions in excess of earnings of $488,000 . Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make 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 period. Actual results could differ from those estimates. Real Estate Assets Real estate assets are stated at cost, less accumulated depreciation and amortization. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life. The estimated useful lives of the Company’s real estate assets by class are generally as follows: Buildings 40 years Site improvements 15 years Tenant improvements Lesser of useful life or lease term Intangible lease assets Lease term Recoverability of Real Estate Assets The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate assets may not be recoverable. Impairment indicators that the Company considers include, but are not limited to: bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors; a significant decrease in a property’s revenues due to lease terminations; vacancies; co-tenancy clauses; reduced lease rates; changes in anticipated holding periods; or other circumstances. When indicators of potential impairment are present, the Company assesses the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate assets to their respective fair values and recognize an impairment loss. Generally, fair value is determined using a discounted cash flow analysis and recent comparable sales transactions. During the year ended December 31, 2018 , as part of the Company’s quarterly impairment review procedures, the Company recorded impairment charges of $33.0 million related to 20 properties with revised expected holding periods and two properties with vacancies. The Company’s assessment of impairment as of December 31, 2018 was based on the most current information available to the Company, including expected holding periods. If the Company’s expected holding period for assets change, subsequent tests for impairment could result in additional impairment charges in the future. The Company can provide no assurance that material impairment charges with respect to the Company’s real estate assets will not occur in 2019 or future periods. During the year ended December 31, 2017 , the Company recorded impairment charges of $2.9 million related to four properties as a result of delinquent rental payments and two tenants who had previously filed for bankruptcy. During the year ended December 31, 2016 , two tenants filed for bankruptcy, and collectively, these tenants occupied 100% of three of the Company’s properties. The Company recorded impairment charges of $6.7 million related to the three properties during the year ended December 31, 2016 . The assumptions and uncertainties utilized in the evaluation of the impairment of real estate assets are discussed in detail in Note 3 — Fair Value Measurements. See also Note 4 — Real Estate Assets for further discussion regarding real estate investment activity. Over the next 12-24 months, the Company expects to sell a portion of its anchored shopping center portfolio and certain single tenant properties. These will be sold in pools or on a standalone basis. As of December 31, 2018 , the Company intended to sell properties with a net book value of at least $2.0 billion , subject to market conditions. Assets Held for Sale When a real estate asset is identified by the Company as held for sale, the Company will cease recording depreciation and amortization of the assets related to the property and estimate its fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount is then recorded to reflect the estimated fair value of the property, net of selling costs. As of December 31, 2018 , the Company identified one property with a carrying value of $6.8 million as held for sale, which was sold subsequent to December 31, 2018 , as discussed in Note 17 — Subsequent Events. There were no assets identified as held for sale as of December 31, 2017 . Disposition of Real Estate Assets Gains and losses from dispositions are recognized once the various criteria relating to the terms of sale and any subsequent involvement by the Company with the asset sold are met. A discontinued operation includes only the disposal of a component of an entity and represents a strategic shift that has (or will have) a major effect on an entity’s financial results. The disposition of the Company’s individual properties did not qualify for discontinued operations presentation, and thus, the results of the properties that have been sold remain in operating income, and any associated gains or losses from the disposition are included in gain on disposition of real estate, net. Allocation of Purchase Price of Real Estate Assets Upon the acquisition of real properties, the Company allocates the purchase price to acquired tangible assets, consisting of land, buildings and improvements, and to identified intangible assets and liabilities, consisting of the value of above- and below-market leases and the value of in-place leases and other intangibles, based in each case on their respective fair values. The Company utilizes independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and buildings). The information in the appraisal, along with any additional information available to the Company’s management, is used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm has no involvement in management’s allocation decisions other than providing this market information. The fair values of above- and below-market lease intangibles are recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including, for below-market leases, any bargain renewal periods. The above- and below-market lease intangibles are capitalized as intangible lease assets or liabilities, respectively. Above-market leases are amortized as a reduction to rental income over the remaining terms of the respective leases. Below-market leases are amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company expects a tenant to execute a bargain renewal option, the Company evaluates economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, the remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above- or below-market lease intangibles relating to that lease would be recorded as an adjustment to rental income. The fair values of in-place leases include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income, which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include leasing commissions, legal and other related expenses and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs, which are calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease, are capitalized as intangible lease assets and are amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed. The Company has acquired, and may continue to acquire, certain properties subject to contingent consideration arrangements that may obligate the Company to pay additional consideration to the seller based on the outcome of future events (the “Contingent Payments”). Additionally, the Company may acquire certain properties for which it funds certain contingent consideration amounts into an escrow account pending the outcome of certain future events. The outcome may result in the release of all or a portion of the escrowed funds to the Company or the seller or a combination thereof. Prior to the adoption of ASU 2017-01 (as defined below) in April 2017, contingent consideration arrangements, including amounts funded through an escrow account, were recorded upon acquisition of the respective property at their estimated fair value, and any changes to the estimated fair value subsequent to acquisition were reflected in the accompanying consolidated statements of operations in acquisition-related fees and expenses. Upon adoption of ASU 2017-01 in April 2017, contingent consideration arrangements for asset acquisitions are recognized when the contingency is resolved. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management. The Company estimates the fair value of assumed mortgage notes payable based upon indications of current market pricing for similar types of debt financing with similar maturities. Assumed mortgage notes payable are initially recorded at their estimated fair value as of the assumption date, and any difference between such estimated fair value and the mortgage note’s outstanding principal balance is amortized or accreted to interest expense over the term of the respective mortgage note payable. The determination of the fair values of the real estate assets and liabilities acquired requires the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could materially impact the Company’s results of operations. In April 2017, the Company elected to early adopt Accounting Standards Update (“ASU”) No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (“ASU 2017-01”), which clarifies the definition of a business by adding guidance to assist entities in evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Beginning in April 2017, all real estate acquisitions qualified as asset acquisitions, and as such, acquisition-related fees and certain acquisition-related expenses related to these asset acquisitions are now capitalized and allocated to tangible and intangible assets and liabilities as described above. Other acquisition-related expenses, such as advisor reimbursements, continue to be expensed as incurred and are included in transaction-related expenses on the accompanying consolidated statements of operations. Prior to the adoption of ASU 2017-01 in April 2017, all of the Company’s real estate acquisitions were accounted for as business combinations and, as such, acquisition-related expenses related to these business combination acquisitions were expensed as incurred. Prior to April 2017, acquisition-related expenses included within transaction-related expenses in the Company’s consolidated statements of operations primarily consisted of legal, deed transfer and other costs related to real estate purchase transactions, including costs incurred for deals that were not consummated. The Company expects its future acquisitions to qualify as asset acquisitions and, as such, the Company will allocate the purchase price to acquired tangible assets and identified intangible assets and liabilities on a relative fair value basis. Redeemable Noncontrolling Interest in Consolidated Joint Venture On June 27, 2014 , the Company completed the formation of the Consolidated Joint Venture. Pursuant to the joint venture agreement, the joint venture partner has a right to exercise an option (the “Option”), which became effective on June 27, 2016, whereby the Company will be required to purchase the ownership interest of the joint venture partner at fair market value. As of December 31, 2018 , the Option has not been exercised. The Company determined it had a controlling interest in the Consolidated Joint Venture and, therefore, met the GAAP requirements for consolidation. The Company recorded net income of $134,000 and paid distributions of $279,000 related to the noncontrolling interest during the year ended December 31, 2018 . The Company recorded the noncontrolling interest of $2.3 million and $2.4 million as of December 31, 2018 and December 31, 2017 , respectively, as temporary equity in the mezzanine section of the consolidated balance sheets, due to the ability to exercise the Option being outside the control of the Company. Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include cash in bank accounts, as well as investments in highly-liquid money market funds. The Company deposits cash with several high quality financial institutions. These deposits are guaranteed by the Federal Deposit Insurance Company (“FDIC”) up to an insurance limit of $250,000. At times, the Company’s cash and cash equivalents may exceed federally insured levels. Although the Company bears risk on amounts in excess of those insured by the FDIC, it has not experienced and does not anticipate any losses due to the high quality of the institutions where the deposits are held. The Company had $9.1 million in restricted cash as of both December 31, 2018 and 2017 . Included in restricted cash was $3.4 million and $3.7 million held by lenders in lockbox accounts, as of December 31, 2018 and 2017 , respectively. As part of certain debt agreements, rents from certain encumbered properties are deposited directly into a lockbox account, from which the monthly debt service payment is disbursed to the lender and the excess is disbursed to the Company. Also included in restricted cash was $5.7 million and $5.4 million held by lenders in escrow accounts for real estate taxes and other lender reserves for certain properties, in accordance with the associated lender’s loan agreement as of December 31, 2018 and 2017 , respectively. Loans Held-for-Investment The Company has acquired, and may continue to acquire loans related to real estate assets. The Company may acquire first, second and third mortgage loans, mezzanine loans, bridge loans, wraparound mortgage loans, construction mortgage loans on real property and loans on leasehold interest mortgages. The Company intends to hold the loans held-for-investment for the foreseeable future or until maturity. Loans held-for-investment are carried on the Company’s consolidated balance sheets at amortized cost, net of any allowance for loans receivable losses. Discounts or premiums and origination fees are amortized as a component of interest income using the effective interest method over the life of the respective loans. Loan acquisition fees paid to CR IV Management or its affiliates are expensed as incurred and are included in transaction-related expenses on the accompanying consolidated statements of operations. Generally, an allowance for loan losses is provided when management determines that the Company will be unable to collect any remaining amounts due under the loan agreement. The Company evaluates the collectability of its loans held-for-investment at least quarterly. The evaluation of collectability involves judgment, estimates, and a review of the ability of the borrower to make principal and interest payments and the underlying collateral. For the year ended December 31, 2018 , the Company recorded no impairment on its loans held-for-investment. Deferred Financing Costs Deferred financing costs represent commitment fees, legal fees and other costs associated with obtaining commitments for financing. These costs are amortized to interest expense over the terms of the respective financing agreements using the effective interest method. Unamortized deferred financing costs are written off when the associated debt is refinanced or repaid before maturity. The presentation of all deferred financing costs, other than those associated with the revolving loan portion of the credit facility, are classified such that the debt issuance costs related to a recognized debt liability are presented on the consolidated balance sheets as a direct deduction from the carrying amount of the related debt liability rather than as an asset. Debt issuance costs related to securing a revolving line of credit are presented as an asset and amortized ratably over the term of the line of credit arrangement. As such, the Company’s current and corresponding prior period total deferred costs, net in the accompanying consolidated balance sheets relate only to the revolving loan portion of the credit facility and the historical presentation, amortization and treatment of unamortized costs are still applicable. As of December 31, 2018 and 2017 , the Company had $2.1 million and $3.0 million , respectively, of deferred financing costs, net of accumulated amortization, related to the revolving loan portion of the credit facility. Costs incurred in seeking financing transactions that do not close are expensed in the period in which it is determined the financing will not close. Due to Affiliates CR IV Management, and certain of its affiliates, received and will continue to receive, fees, reimbursements and compensation in connection with services provided relating to the Offerings and the acquisition, management, financing and leasing of the properties of the Company. Derivative Instruments and Hedging Activities The Company accounts for its derivative instruments at fair value. Accounting for changes in the fair value of a derivative instrument depends on the intended use of the derivative instrument and the designation of the derivative instrument. The change in fair value of the derivative instrument that is designated as a hedge is recorded as other comprehensive income. The changes in fair value for derivative instruments that are not designated as hedges or that do not meet the hedge accounting criteria are recorded as a gain or loss to operations. Redeemable Common Stock Under the Company’s share redemption program, the Company’s obligation to redeem shares of its outstanding common stock is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. The Company records the maximum amount that is redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. Changes in the amount of redeemable common stock from period to period are recorded as an adjustment to capital in excess of par value. Revenue Recognition Revenue from leasing activities Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental income for the full term of each lease on a straight-line basis when earned and collectability is reasonably assured. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purpose of this calculation. The Company defers the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses are included in tenant reimbursement income in the period when such costs are incurred. Effective January 1, 2018, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), which supersedes the revenue recognition requirements in Revenue Recognition, Accounting Standards Codification Topic 605 and requires an entity to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company records revenue for real estate taxes and insurance reimbursed by its tenants on the leased properties, with offsetting expenses in real estate taxes and property operating expenses, respectively, within the consolidated statements of operations as the Company has concluded it is the primary obligor. The Company has identified its revenue streams as rental income from leasing arrangements and tenant reimbursement income, which are outside of the scope of Topic 606. The Company adopted ASU 2014-09 using the modified retrospective approach and determined it did not have a material impact on the Company’s consolidated financial statements. The Company continually reviews receivables related to rent, including any straight-line rent, and current and future operating expense reimbursements from tenants, and determines their collectability by taking into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of a receivable is uncertain, the Company will record an increase in the allowance for uncollectible accounts. As of December 31, 2018 and December 31, 2017 , the Company had an allowance for uncollectible accounts of $931,000 and $1.5 million , respectively. Revenue from lending activities Interest income is comprised of interest earned on loans and the accretion and amortization of net loan origination fees and discounts. Interest income on loans is accrued as earned. Income Taxes The Company elected to be taxed, and currently qualifies, as a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, commencing with the taxable year ended December 31, 2012. The Company will generally not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it, among other things, distributes at least 90% of its annual taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). REITs are subject to a number of other organizational and operational requirements. Even if the Company maintains its qualification for taxation as a REIT, it or its subsidiaries may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income. Earnings (Loss) and Distributions Per Share Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted income (loss) per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for each of the years ended December 31, 2018 , 2017 or 2016 . Distributions per share are calculated based on the authorized daily distribution rate. Reportable Segment The Company’s commercial real estate assets consist of income-producing necessity retail properties that are primarily single-tenant or anchored shopping centers, which are leased to creditworthy tenants under long-term net leases. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company’s management evaluates operating performance on an overall portfolio level; therefore, the Company’s properties are one reportable segment. Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by various standard setting bodies that may have an impact on the Company’s accounting and reporting. Except as otherwise stated below, the Company is currently evaluating the effect that certain new accounting requirements may have on the Company’s accounting and related reporting and disclosures in the Company’s consolidated financial statements. In February 2016, the Financial Accounting Standards Board (the “FASB”) issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). The amendments in this update require that most lease obligations be recognized as a right of use asset with a corresponding liability on the balance sheet. The guidance also requires additional qualitative and quantitative disclosures to assess the amount, timing and uncertainty of cash flows arising from leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, with early adoption permitted. The FASB has subsequently issued other related ASU, which amend ASU 2016-02 to provide transition practical expedients that an entity may elect to apply and other guidance. In July 2018, the FASB issued ASU No. 2018-11, Leases: Targeted Improvements, which provides companies with an additional transition option that would permit the application of ASU 2016-02 as of the adoption date rather than to all periods presented. The Company will use this transition option upon adoption of the new standard on January 1, 2019 and use the effective date as the date of initial application. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. The Company has finalized its assessment of its inventory of leases that will be impacted by adoption of the new guidance. The Company will elect the “package of practical expedients,” which permits the Company to not reassess under the new standard prior conclusions about lease identification, lease classification and initial direct costs. The accounting for lease components will largely be unchanged from existing GAAP and the Company will elect the practical expedient to not separate non-lease components from lease components. The Company does not expect the adoption of ASU 2016-02 to have a material impact on the accounting treatment and disclosure of the Company’s net leases, which are the primary source of the Company’s revenues. The Company does not have material leases where it is the lessee. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326) (“ASU 2016-13”). ASU 2016-13 is intended to improve financial reporting requiring more timely recognition of credit losses on loans and other financial instruments that are not accounted for at fa

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS GAAP defines fair value, establishes a framework for measuring fair value, and requires disclosures about fair value measurements. GAAP emphasizes that fair value is intended to be a market-based measurement, as opposed to a transaction-specific measurement. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. Depending on the nature of the asset or liability, various techniques and assumptions can be used to estimate the fair value. Assets and liabilities are measured using inputs from three levels of the fair value hierarchy, as follows: Level 1 — Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. An active market is defined as a market in which transactions for the assets or liabilities occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 — Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active (markets with few transactions), inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data correlation or other means (market corroborated inputs). Level 3 — Unobservable inputs, which are only used to the extent that observable inputs are not available, reflect the Company’s assumptions about the pricing of an asset or liability. The following describes the methods the Company uses to estimate the fair value of the Company’s financial assets and liabilities: Notes payable and credit facility — The fair value is estimated by discounting the expected cash flows based on estimated borrowing rates available to the Company as of the measurement date. Current and prior period liabilities’ carrying and fair values exclude net deferred financing costs. These financial instruments are valued using Level 2 inputs. As of December 31, 2018 , the estimated fair value of the Company’s debt was $2.46 billion , compared to the carrying value of $2.53 billion . The estimated fair value of the Company’s debt as of December 31, 2017 was $2.48 billion , compared to the carrying value of $2.49 billion . Derivative instruments — The Company’s derivative instruments are comprised of interest rate swaps. All derivative instruments are carried at fair value and are valued using Level 2 inputs. The fair value of these instruments is determined using interest rate market pricing models. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company’s potential nonperformance risk and the performance risk of the respective counterparties. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by the Company and its counterparties. However, as of December 31, 2018 and 2017 , the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of the Company’s derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. Contingent consideration arrangements — The contingent consideration arrangements are carried at fair value and are valued using Level 3 inputs. The fair value of additional consideration paid in connection with the acquisition of properties subject to contingent consideration arrangements is determined based on key assumptions, including, but not limited to, rental rates, discount rates and the estimated timing and probability of successfully leasing vacant space subsequent to the Company’s acquisition of certain properties. Revenue bonds — The Company’s revenue bonds were acquired in connection with the purchase of an anchored shopping center. The bonds have a 9.0% interest rate and mature on November 1, 2044. These investments are initially recognized in derivative assets, revenue bonds, prepaid expenses and other assets on the consolidated balance sheets and are subsequently measured using amortized cost. The fair value estimates of the Company’s revenue bonds are based on assumptions that management believes market participants would use in pricing, using widely accepted valuation techniques including discounted cash flow analysis. This analysis reflects the contractual terms of the bonds, including the period to maturity, and uses unobservable market-based inputs, including discount rates ranging from 7.75% to 9.0% . As a result, the Company has determined that its revenue bonds are classified in Level 3 of the fair value hierarchy. As of December 31, 2018 , the estimated fair value of the Company’s revenue bonds was $2.0 million . The Company has these investments classified as held-to-maturity securities. The Company’s investments in revenue bonds are reviewed for impairment, including the evaluation of changes in events or circumstances that may indicate that the carrying amount of the investment may not be recoverable. Loans held-for-investment — The Company’s loans held-for-investment are recorded at cost upon origination and adjusted by net loan origination fees and discounts. The Company estimates the fair value of its loans held-for-investment by performing a present value analysis for the anticipated future cash flows using an appropriate market discount rate taking into consideration the credit risk. As a result, the Company has determined that its loans held-for-investment are classified in Level 3 of the fair value hierarchy. As of December 31, 2018 , the Company determined that the estimated fair value of its loans held-for-investment was equal to its carrying value given that the loan was originated during the fourth quarter of 2018. Other financial instruments — The Company considers the carrying values of its cash and cash equivalents, restricted cash, tenant receivables, accounts payable and accrued expenses, other liabilities, due to affiliates and distributions payable to approximate their fair values because of the short period of time between their origination and their expected realization as well as their highly-liquid nature. Due to the short-term maturities of these instruments, Level 1 inputs are utilized to estimate the fair value of these financial instruments. Considerable judgment is necessary to develop estimated fair values of financial assets and liabilities. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize, or be liable for, upon disposition of the financial assets and liabilities. As of December 31, 2018 and 2017 , there have been no transfers of financial assets or liabilities between fair value hierarchy levels. Items Measured at Fair Value on a Recurring Basis In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2018 and 2017 (in thousands): Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 10,993 $ — $ 10,993 $ — Total financial assets $ 10,993 $ — $ 10,993 $ — Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 7,324 $ — $ 7,324 $ — Total financial assets $ 7,324 $ — $ 7,324 $ — Financial liabilities: Interest rate swaps $ (206 ) $ — $ (206 ) $ — Total financial liabilities $ (206 ) $ — $ (206 ) $ — The following are reconciliations of the changes in assets and liabilities with Level 3 inputs in the fair value hierarchy for the years ended December 31, 2018 and 2017 (in thousands): Revenue Bonds Beginning Balance, December 31, 2017 $ 2,067 Payments received (23 ) Ending Balance, December 31, 2018 $ 2,044 Revenue Bonds Contingent Consideration Arrangements Beginning Balance, December 31, 2016 $ — $ (337 ) Purchases, fair value adjustments and payments made: Purchases 2,081 — Fair value adjustments — 337 Payments received (14 ) — Ending Balance, December 31, 2017 $ 2,067 $ — Items Measured at Fair Value on a Non-Recurring Basis (Including Impairment Charges) Certain financial and nonfinancial assets and liabilities are measured at fair value on a nonrecurring basis and are subject to fair value adjustments in certain circumstances, such as when there is evidence of impairment. The Company’s process for identifying and recording impairment related to real estate assets and intangible assets is discussed in Note 2 — Summary of Significant Accounting Policies. As discussed in Note 4 — Real Estate Assets, during the year ended December 31, 2018 , real estate assets related to 22 properties totaling approximately 2.3 million square feet were deemed to be impaired and their carrying values were reduced to an estimated fair value of $332.4 million , resulting in impairment charges of $33.0 million . During the year ended December 31, 2017 , real estate assets related to four properties totaling approximately 33,000 square feet were deemed to be impaired and their carrying values were reduced to an estimated fair value of $4.3 million , resulting in impairment charges of $2.9 million . During the year ended December 31, 2016 , real estate assets related to three properties totaling approximately 24,000 square feet were deemed to be impaired and their carrying values were reduced to an estimated fair value of $4.7 million , resulting in impairment charges of $6.7 million . The Company estimates fair values using Level 3 inputs and using a combined income and market approach, specifically using discounted cash flow analysis and recent comparable sales transactions. The evaluation of real estate assets for potential impairment requires the Company’s management to exercise significant judgment and to make certain key assumptions, including, but not limited to, the following: (1) terminal capitalization; (2) discount rates; (3) the number of years the property will be held; (4) property operating expenses; and (5) re-leasing assumptions, including the number of months to re-lease, market rental income and required tenant improvements. There are inherent uncertainties in making these estimates such as market conditions and the future performance and sustainability of the Company’s tenants. The following table presents the impairment charges by asset class recorded during the years ended December 31, 2018 , 2017 and 2016 (in thousands): Year Ended December 31, 2018 2017 2016 Asset class impaired: Land $ 6,436 $ 725 $ 1,775 Buildings, fixtures and improvements 25,299 1,734 4,678 Intangible lease assets 1,385 396 284 Intangible lease liabilities (145 ) — — Total impairment loss $ 32,975 $ 2,855 $ 6,737

Real Estate Assets

Real Estate Assets	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
REAL ESTATE ASSETS	REAL ESTATE ASSETS 2018 Property Acquisition During the year ended December 31, 2018 , the Company acquired a 100% interest in one commercial property for an aggregate purchase price of $11.9 million (the “ 2018 Acquisition”), which includes $277,000 of external acquisition-related expenses that were capitalized in accordance with ASU 2017-01. Prior to the adoption of ASU 2017-01, costs related to property acquisitions were expensed as incurred. The Company funded the 2018 Asset Acquisition with net cash provided by operations and available borrowings. The following table summarizes the consideration transferred for the property purchased during the year ended December 31, 2018 (in thousands): 2018 Asset Acquisition Land $ 2,107 Buildings, fixtures and improvements 9,044 Acquired in-place leases and other intangibles (1) 1,392 Intangible lease liabilities (2) (638 ) Total purchase price $ 11,905 ______________________ (1) The amortization period for acquired in-place leases and other intangibles is 19.0 years. (2) The amortization period for acquired intangible lease liabilities is 19.0 years. 2018 Property Dispositions During the year ended December 31, 2018 , the Company disposed of 21 properties, consisting of 19 retail properties and two anchored shopping centers, excluding a related outparcel of land, for an aggregate gross sales price of $66.6 million , resulting in net proceeds of $49.1 million after closing costs and the repayment of the $15.0 million variable rate debt secured by one of the disposed properties and a gain of $6.3 million . During the year ended December 31, 2018 , $478,000 was incurred for disposition fees to CR IV Management or its affiliates in connection with the sale of the properties and the Company has no continuing involvement with these properties. The gain on sale of real estate is included in gain on disposition of real estate, net in the consolidated statements of operations. The disposition of these properties did not qualify to be reported as discontinued operations since the disposition did not represent a strategic shift that had a major effect on the Company’s operations and financial results. Accordingly, the operating results of these disposed properties are reflected in the Company’s results from continuing operations for all periods presented through their respective date of disposition. 2018 Impairment of Properties The Company performs quarterly impairment review procedures, primarily through continuous monitoring of events and changes in circumstances that could indicate that the carrying value of certain of its real estate assets may not be recoverable. See Note 2 — Summary of Significant Accounting Policies for a discussion of the Company’s accounting policies regarding impairment of real estate assets. During the year ended December 31, 2018 , 22 properties with a carrying value of $365.4 million were deemed to be impaired and their carrying values were reduced to an estimated fair value of $332.4 million , resulting in impairment charges of $33.0 million , which were recorded in the consolidated statements of operations. See Note 3 — Fair Value Measurements for a further discussion regarding these impairment charges. 2017 Property Acquisitions During the year ended December 31, 2017 , the Company acquired 42 commercial properties for an aggregate purchase price of $307.4 million (the “ 2017 Acquisitions”), of which 38 were determined to be asset acquisitions and four were accounted for as business combinations as they were acquired prior to the Company’s adoption of ASU 2017-01 in April 2017. The Company funded the 2017 Acquisitions with net cash provided by operations and available borrowings. The following table summarizes the consideration transferred for the properties purchased during the year ended December 31, 2017 (in thousands): 2017 Acquisitions Real estate assets: Purchase price of asset acquisitions $ 251,999 Purchase price of business combinations 55,386 Total purchase price of real estate assets acquired (1) $ 307,385 ____________________________________ (1) The weighted average amortization period for the 2017 Acquisitions was 16.9 years for acquired in-place leases and other intangibles, 13.6 years for acquired above-market leases and 8.5 years for acquired intangible lease liabilities. During the year ended December 31, 2017 , the Company acquired a 100% interest in 38 commercial properties for an aggregate purchase price of $252.0 million , which were accounted for as asset acquisitions (the “2017 Asset Acquisitions”). The aggregate purchase price includes $6.1 million of external acquisition-related expenses that were capitalized in accordance with ASU 2017-01. Prior to the adoption of ASU 2017-01, costs related to property acquisitions were expensed as incurred. The following table summarizes the purchase price allocation for the 2017 Asset Acquisitions purchased during the year ended December 31, 2017 (in thousands): 2017 Asset Acquisitions Land $ 32,919 Buildings, fixtures and improvements 177,682 Acquired in-place leases and other intangibles 39,257 Acquired above-market leases 3,624 Revenue bonds 2,081 Intangible lease liabilities (3,564 ) Total purchase price $ 251,999 During the year ended December 31, 2017 , the Company acquired a 100% interest in four commercial properties for an aggregate purchase price of $55.4 million , which were accounted for as business combinations (the “2017 Business Combination 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 allocations for the 2017 Business Combination Acquisitions purchased during the year ended December 31, 2017 (in thousands): 2017 Business Combination Acquisitions Land $ 9,873 Buildings, fixtures and improvements 41,186 Acquired in-place leases and other intangibles 5,974 Acquired above-market leases 988 Intangible lease liabilities (2,635 ) Total purchase price $ 55,386 The Company recorded revenue for the year ended December 31, 2017 of $5.1 million and net income for the year ended December 31, 2017 of $708,000 related to the 2017 Business Combination Acquisitions. In addition, the Company recorded $1.3 million of acquisition-related expenses for the year ended December 31, 2017 , which is included in transaction-related expenses on the consolidated statements of operations. The following table summarizes selected financial information of the Company as if all of the 2017 Business Combination Acquisitions were completed on January 1, 2016 for each period presented below. The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2017 and 2016 (in thousands): Year Ended December 31, 2017 2016 Pro forma basis (unaudited): Revenue $ 424,416 $ 412,883 Net income $ 80,912 $ 71,301 The unaudited pro forma information for the year ended December 31, 2017 was adjusted to exclude $1.3 million of acquisition-related fees and expenses recorded during the year ended December 31, 2017 related to the 2017 Business Combination Acquisitions. Accordingly, these costs were instead recognized in the unaudited pro forma information for the year ended December 31, 2016. The unaudited pro forma information is presented for informational purposes only and may not be indicative of what actual results of operations would have been had the transactions occurred at the beginning of 2016, nor does it purport to represent the results of future operations. 2017 Property Dispositions During the year ended December 31, 2017 , the Company disposed of 14 retail properties and one industrial property for an aggregate gross sales price of $100.6 million , resulting in net proceeds of $65.9 million after closing costs and the repayment of the $33.0 million variable rate debt secured by one of the disposed properties and a gain of $17.0 million . No disposition fees were paid to CR IV Management or its affiliates in connection with the sale of the properties and the Company has no continuing involvement with these properties. The gain on sale of real estate is included in gain (loss) on disposition of real estate, net in the consolidated statements of operations. The disposition of these properties did not qualify to be reported as discontinued operations since the disposition did not represent a strategic shift that had a major effect on the Company’s operations and financial results. Accordingly, the operating results of these disposed properties are reflected in the Company’s results from continuing operations for all periods presented through their respective date of disposition. 2017 Impairment of Properties During the year ended December 31, 2017 , four properties with a carrying value of $7.2 million were deemed to be impaired and their carrying values were reduced to an estimated fair value of $4.3 million , resulting in impairment charges of $2.9 million , which were recorded in the consolidated statements of operations. See Note 3 — Fair Value Measurements for a further discussion regarding these impairment charges. 2016 Property Acquisitions and Unconsolidated Joint Venture During the year ended December 31, 2016 , the Company acquired 15 commercial properties for an aggregate purchase price of $216.7 million (the “2016 Acquisitions”). The 2016 Acquisitions were accounted for as business combinations. The Company funded the 2016 Acquisitions with net proceeds from the DRIP Offerings and available borrowings. 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 allocations for the 2016 Acquisitions (in thousands): 2016 Acquisitions Land $ 48,317 Buildings, fixtures and improvements 149,859 Acquired in-place leases and other intangibles (1) 18,100 Acquired above-market leases (2) 3,764 Intangible lease liabilities (3) (3,388 ) Total purchase price $ 216,652 ____________________________________ (1) The weighted average amortization period for acquired in-place leases and other intangibles was 7.6 years. (2) The weighted average amortization period for acquired above-market leases was 6.0 years. (3) The weighted average amortization period for acquired intangible lease liabilities was 6.4 years. During the year ended December 31, 2016 , the Company acquired the joint venture partner’s (the “Unconsolidated Joint Venture Partner”) approximately 10% interest in a multi-tenant property comprising 176,000 rentable square feet of commercial space (the “Unconsolidated Joint Venture”). The Company has determined that this transaction qualified as a business combination to be accounted for under the acquisition method. Accordingly, the assets and liabilities of this transaction were recorded in the Company’s consolidated balance sheets at their estimated fair value as of the acquisition date. The fair value of the assets acquired, liabilities assumed and equity interests were estimated using significant assumptions consistent with the Company’s policy concerning the allocation of the purchase price of real estate assets, including current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The results of this transaction are included in the Company’s consolidated statements of operations beginning September 22, 2016. The following table summarizes the transaction related to the business combination, including the amounts recognized for assets acquired and liabilities assumed, as indicated (in thousands): September 22, 2016 Carrying value of the Company’s equity interest before business combination (1) $ 18,952 Fair value of amounts recognized for assets acquired and liabilities assumed: Land 4,535 Buildings, fixtures and improvements 11,826 Acquired in-place leases and other intangibles 1,296 Acquired above-market leases 1,130 Intangible lease liabilities (597 ) Other assets and liabilities 115 Total net assets 18,305 Loss recognized on equity interest remeasured to fair value $ (647 ) ____________________________________ (1) Includes $1.6 million of cash paid to the Unconsolidated Joint Venture Partner. The Company recorded revenue for the year ended December 31, 2016 of $10.7 million and a net loss for the year ended December 31, 2016 of $1.4 million related to the 2016 Acquisitions, as well as the acquisition of the Unconsolidated Joint Venture Partner’s approximately 10% interest in the Unconsolidated Joint Venture. The following table summarizes selected financial information of the Company as if all of the 2016 Acquisitions, as well as the acquisitions of the Unconsolidated Joint Venture Partner’s approximately 10% interest in the Unconsolidated Joint Venture, were completed on January 1, 2015 for each period presented below. The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2016 and 2015 (in thousands): Year Ended December 31, 2016 2015 Pro forma basis (unaudited): Revenue $ 418,798 $ 389,780 Net income $ 74,052 $ 64,662 The unaudited pro forma information for the year ended December 31, 2016 was adjusted to exclude $4.2 million of acquisition-related fees and expenses recorded during the year ended December 31, 2016 . Accordingly, these costs were instead recognized in the unaudited pro forma information for the year ended December 31, 2015 . The unaudited pro forma information is presented for informational purposes only and may not be indicative of what actual results of operations would have been had the transactions occurred at the beginning of 2015 , nor does it purport to represent the results of future operations. 2016 Property Dispositions During the year ended December 31, 2016 , the Company disposed of four retail properties and one anchored shopping center for an aggregate gross sales price of $31.6 million , resulting in net proceeds of $30.8 million after closing costs and a gain of $2.9 million . No disposition fees were paid to CR IV Management or its affiliates in connection with the sale of the properties and the Company has no continuing involvement with these properties. The gain on sale of real estate is included in gain (loss) on disposition of real estate, net in the consolidated statements of operations for all periods presented. The disposition of these properties did not qualify to be reported as discontinued operations since the disposition did not represent a strategic shift that had a major effect on the Company’s operations and financial results. Accordingly, the operating results of these disposed properties are reflected in the Company’s results from continuing operations for all periods presented through their respective date of disposition. 2016 Impairment of Properties During the year ended December 31, 2016 , three properties with a carrying value of $11.4 million were deemed to be impaired and their carrying values were reduced to an estimated fair value of $4.7 million , resulting in impairment charges of $6.7 million , which were recorded in the consolidated statement of operations. See Note 3 — Fair Value Measurements for a further discussion on these impairment charges. Consolidated Joint Venture As of December 31, 2018 , the Company had an interest in a Consolidated Joint Venture that owns and manages nine properties, with total assets of $50.9 million , which included $9.3 million of land, $42.0 million of buildings and improvements, and $5.6 million of intangible lease assets, net of accumulated depreciation and amortization of $6.9 million , and total liabilities of $789,000 . The Consolidated Joint Venture does not have any debt outstanding as of December 31, 2018 . The Company has the ability to control operating and financial policies of the Consolidated Joint Venture. There are restrictions on the use of these assets as the Company would generally be required to obtain the partner’s (the “Consolidated Joint Venture Partner”) approval in accordance with the joint venture agreement for any major transactions. The Company and the Consolidated Joint Venture Partner are subject to the provisions of the joint venture agreement, which includes provisions for when additional contributions may be required to fund certain cash shortfalls.

Intangible Lease Assets and Lia

Intangible Lease Assets and Liabilities	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE LEASE ASSETS AND LIABILITIES	INTANGIBLE LEASE ASSETS AND LIABILITIES Intangible lease assets and liabilities consisted of the following as of December 31, 2018 and 2017 (in thousands, except weighted average life remaining): As of December 31, 2018 2017 Intangible lease assets: In-place leases and other intangibles, net of accumulated amortization of $184,532 and $166,874, respectively (with a weighted average life remaining of 10.1 years and 10.5 years, respectively) $ 307,895 $ 355,683 Acquired above-market leases, net of accumulated amortization of $27,979 and $25,626, respectively (with a weighted average life remaining of 8.4 years and 8.7 years, respectively) 34,462 41,747 Total intangible lease assets, net $ 342,357 $ 397,430 Intangible lease liabilities: Acquired below-market leases, net of accumulated amortization of $34,732 and $31,330, respectively (with a weighted average life remaining of 7.2 years and 7.5 years, respectively) $ 36,418 $ 45,572 Amortization of the above-market leases is recorded as a reduction to rental revenue, and amortization expense for the in-place leases and other intangibles is included in depreciation and amortization in the accompanying consolidated statements of operations. Amortization of below-market leases is recorded as an increase to rental revenue in the accompanying consolidated statements of operations. The following table summarizes the amortization related to the intangible lease assets and liabilities for the years ended December 31, 2018 , 2017 , and 2016 (in thousands): Year Ended December 31, 2018 2017 2016 In-place lease and other intangible amortization $ 45,559 $ 46,602 $ 45,944 Above-market lease amortization $ 6,740 $ 7,304 $ 6,638 Below-market lease amortization $ 8,448 $ 9,503 $ 7,821 As of December 31, 2018 , the estimated amortization relating to the intangible lease assets and liabilities for each of the five succeeding fiscal years is as follows (in thousands): Amortization Year Ending December 31, In-Place Leases and Other Intangibles Above-Market Leases Below-Market Leases 2019 $ 37,322 $ 4,981 $ 7,316 2020 $ 35,164 $ 4,451 $ 6,501 2021 $ 31,862 $ 3,835 $ 4,398 2022 $ 29,990 $ 3,590 $ 3,710 2023 $ 26,868 $ 3,221 $ 2,899

Loans Held-For-Investment

Loans Held-For-Investment	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
LOANS HELD-FOR-INVESTMENT	LOANS HELD-FOR-INVESTMENT During the year ended December 31, 2018 , the Company originated four junior mezzanine loans to fund the repayment of existing construction loans, as well as additional construction costs for renovation of four condominium properties, secured by a pledge of the equity interests in the portfolio of four condominium properties (the “Junior Mezzanine Loans”). The following table details overall statistics for the Company’s loans held-for-investment as of December 31, 2018 (dollar amounts in thousands): As of December 31, 2018 Number of loans 4 Principal balance $ 89,679 Net book value $ 89,762 Weighted-average interest rate (1) 17.2 % Weighted-average maximum years to maturity (2) 2.4 ____________________________________ (1) As of December 31, 2018 , the Junior Mezzanine Loans were indexed to one-month LIBOR plus an interest rate spread of 14.85% . (2) Maximum maturity assumes all extension options are exercised by the borrower, however the Company’s loans may be repaid prior to such date. Activity relating to the Company’s loans held-for-investment portfolio was as follows (dollar amounts in thousands): Principal Balance Deferred Fees / Other Items (1) Net Book Value Beginning Balance, December 31, 2017 $ — $ — $ — Loan fundings 89,295 — 89,295 Capitalized interest (2) 384 — 384 Deferred fees and other items — (185 ) (185 ) Accretion (amortization) of fees and other items — 268 268 Ending Balance, December 31, 2018 $ 89,679 $ 83 $ 89,762 ____________________________________ (1) Other items primarily consist of purchase discounts or premiums, exit fees and deferred origination expenses. (2) Represents accrued interest on loans whose terms do not require a current cash payment of interest.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES In the normal course of business, the Company uses certain types of derivative instruments for the purpose of managing or hedging its interest rate risk. During the year ended December 31, 2018 , three of the Company’s interest rate swap agreements matured. In addition, one of the Company’s interest rate swap agreements was terminated prior to its maturity date due to the disposition of the underlying multi-tenant property. As of December 31, 2018 , the Company had seven executed interest rate swap agreements. The following table summarizes the terms of the Company’s executed interest rate swap agreements designated as hedging instruments as of December 31, 2018 and 2017 (dollar amounts in thousands): Outstanding Notional Fair Value of Assets Balance Sheet Amount as of Interest Effective Maturity December 31, December 31, Location December 31, 2018 Rates (1) Dates Dates 2018 2017 Interest Rate Swaps Derivative assets, revenue bonds, prepaid expenses and other assets (2) $ 990,066 2.55% to 3.91% 10/1/2015 to 8/15/2018 3/1/2019 to 7/1/2021 $ 10,993 $ 7,324 ____________________________________ (1) The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread as of December 31, 2018 . (2) As of December 31, 2017, two of the interest rate swaps, with an aggregate outstanding notional amount of $38.7 million , were in a liability position with an aggregate fair value balance of $206,000 and are included in deferred rental income and other liabilities in the accompanying consolidated balance sheets. Additional disclosures related to the fair value of the Company’s derivative instruments are included in Note 3 — Fair Value Measurements. The notional amount under the interest rate swap agreements is an indication of the extent of the Company’s involvement in each instrument, but does not represent exposure to credit, interest rate or market risks. Accounting for changes in the fair value of a derivative instrument depends on the intended use and designation of the derivative instrument. The Company designated the interest rate swaps as cash flow hedges in order to hedge the variability of the anticipated cash flows on its variable rate debt. The change in fair value of the derivative instruments that are designated as hedges is recorded in other comprehensive income, with a portion of the amount subsequently reclassified to interest expense as interest payments are made on the Company’s variable rate debt. For the years ended December 31, 2018 , 2017 , and 2016 , the amounts reclassified were a gain of $4.3 million , and losses of $3.1 million and $8.8 million , respectively. During the next 12 months, the Company estimates that an additional $5.9 million will be reclassified from other comprehensive income as a decrease to interest expense. The Company includes cash flows from interest rate swap agreements in cash flows provided by operating activities on its consolidated statements of cash flows, as the Company’s accounting policy is to present cash flows from hedging instruments in the same category in its consolidated statements of cash flows as the category for cash flows from the hedged items. The Company has agreements with each of its derivative counterparties that contain provisions whereby if the Company defaults on certain of its unsecured indebtedness, the Company could also be declared in default on its derivative obligations, resulting in an acceleration of payment. If the Company had breached any of these provisions, it could have been required to settle its obligations under the agreements at their aggregate termination value, inclusive of interest payments and accrued interest. As of December 31, 2018 , all derivatives were in an asset position. Therefore, there was no termination value as of December 31, 2018 . In addition, the Company is exposed to credit risk in the event of non-performance by its derivative counterparties. The Company believes it mitigates its credit risk by entering into agreements with creditworthy counterparties. The Company records credit risk valuation adjustments on its interest rate swaps based on the credit quality of the Company and the respective counterparty. There were no termination events or events of default related to the interest rate swaps as of December 31, 2018 .

Notes Payable And Credit Facili

Notes Payable And Credit Facility	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
NOTES PAYABLE AND CREDIT FACILITY	NOTES PAYABLE AND CREDIT FACILITY As of December 31, 2018 , the Company had $2.5 billion of debt outstanding, including net deferred financing costs, with a weighted average years to maturity of 3.2 years and a weighted average interest rate of 3.9% . The weighted average years to maturity is computed using the scheduled repayment date as specified in each loan agreement where applicable. The weighted average interest rate is computed using the interest rate in effect until the scheduled repayment date. Should a loan not be repaid by its scheduled repayment date, the applicable interest rate will increase as specified in the respective loan agreement. The following table summarizes the debt balances as of December 31, 2018 and 2017 , and the debt activity for the year ended December 31, 2018 (in thousands): During the Year Ended December 31, 2018 Balance as of December 31, 2017 Debt Issuances and Assumptions (1) Repayments and Modifications Accretion and (Amortization) Balance as of December 31, 2018 Fixed rate debt $ 1,217,377 $ — $ (39,211 ) $ — $ 1,178,166 Variable rate debt 20,500 — — — 20,500 Credit facility 1,251,000 268,000 (188,000 ) — 1,331,000 Total debt 2,488,877 268,000 (227,211 ) — 2,529,666 Net premiums (2) 419 — — (88 ) 331 Deferred costs - credit facility (3) (8,828 ) — — 2,097 (6,731 ) Deferred costs - fixed rate debt (8,705 ) — 46 2,307 (6,352 ) Total debt, net $ 2,471,763 $ 268,000 $ (227,165 ) $ 4,316 $ 2,516,914 ____________________________________ (1) Includes deferred financing costs incurred during the period. (2) Net premiums on mortgage notes payable were recorded upon the assumption of the respective debt instruments. Amortization of these net premiums is recorded as a reduction to interest expense over the remaining term of the respective debt instruments using the effective-interest method. (3) Deferred costs relate to the term portion of the Credit Facility (as defined below). As of December 31, 2018 , the fixed rate debt outstanding of $1.2 billion included $178.4 million of variable rate debt that is fixed through interest rate swap agreements, which has the effect of fixing the variable interest rates per annum through the maturity date of the variable rate debt. The fixed rate debt has interest rates ranging from 2.6% to 5.0% per annum. The fixed rate debt outstanding matures on various dates from September 1, 2019 through October 1, 2025 . The aggregate balance of gross real estate assets, net of gross intangible lease liabilities, securing the fixed rate debt outstanding was $2.1 billion as of December 31, 2018 . Each of the mortgage notes payable, comprising the fixed rate debt, is secured by the respective properties on which the debt was placed. As of December 31, 2018 , the variable rate debt outstanding of $20.5 million had a weighted average interest rate of 5.6% . The variable rate debt outstanding matures on February 26, 2020 . With respect to the Company’s $49.8 million of debt maturing within the next year, the Company expects to use borrowings available under the Credit Facility or enter into new financing arrangements in order to meet its debt obligations. The aggregate balance of gross real estate assets, net of gross intangible lease liabilities, securing the variable rate debt outstanding was $40.8 million as of December 31, 2018 . Credit Facility The Company has a second amended and restated unsecured credit agreement (the “Second Amended and Restated Credit Agreement”) with JPMorgan Chase Bank, N.A. as administrative agent (“JPMorgan Chase”), and the other lenders party thereto that provides for borrowings of up to $1.40 billion , which includes a $1.05 billion unsecured term loan (the “Term Loan”) and up to $350.0 million in unsecured revolving loans (the “Revolving Loans” and collectively, with the Term Loan, the “Credit Facility”). The Term Loan matures on March 15, 2022 and the Revolving Loans mature on March 15, 2021 ; however, the Company has the right to extend the maturity date of the Revolving Loans to March 15, 2022 . Depending upon the type of loan specified and overall leverage ratio, the Credit Facility bears interest at (i) the one-month, two-month, three-month or six-month LIBOR multiplied by the statutory reserve rate (the “Eurodollar Rate”) plus an interest rate spread ranging from 1.65% to 2.25% or (ii) a base rate, ranging from 0.65% to 1.25% , plus the greater of: (a) JPMorgan Chase’s Prime Rate; (b) the Federal Funds Effective Rate (as defined in the Second Amended and Restated Credit Agreement) plus 0.50% ; or (c) the one-month LIBOR multiplied by the statutory reserve rate plus 1.00% . As of December 31, 2018 , the Revolving Loans outstanding totaled $281.0 million at a weighted average interest rate of 4.2% . As of December 31, 2018 , the Term Loan outstanding totaled $1.05 billion , $811.7 million of which is subject to interest rate swap agreements (the “Swapped Term Loan”). The interest rate swap agreements had the effect of fixing the Eurodollar Rate per annum of the Swapped Term Loan at an all-in rate of 3.8% . As of December 31, 2018 , the Company had $1.33 billion outstanding under the Credit Facility at a weighted average interest rate of 4.0% and $67.2 million in unused capacity, subject to borrowing availability. The Second Amended and Restated Credit Agreement contains provisions with respect to covenants, events of default and remedies customary for facilities of this nature. In particular, the Second Amended and Restated Credit Agreement requires the Company to maintain a minimum consolidated net worth greater than or equal to the sum of (i) $2.0 billion plus (ii) 75% of the equity issued minus (iii) the aggregate amount of any redemptions or similar transaction from the date of the Second Amended and Restated Credit Agreement, a leverage ratio less than or equal to 60% , a fixed charge coverage ratio greater than 1.50 , an unsecured debt to unencumbered asset value ratio equal to or less than 60% , an unsecured debt service coverage ratio greater than 1.75 , a secured debt ratio equal to or less than 40% and the amount of secured debt that is recourse debt at no greater than 15% of total asset value. The Company believes it was in compliance with the financial covenants under the Second Amended and Restated Credit Agreement, as well as the financial covenants under the Company’s various fixed and variable rate debt agreements, as of December 31, 2018 . Maturities The following table summarizes the scheduled aggregate principal repayments for the Company’s outstanding debt as of December 31, 2018 for each of the five succeeding fiscal years and the period thereafter (in thousands): Year Ending December 31, Principal Repayments 2019 $ 49,799 2020 318,215 2021 381,603 2022 1,092,464 2023 491,375 Thereafter 196,210 Total $ 2,529,666

Supplemental Cash Flow Disclosu

Supplemental Cash Flow Disclosures	12 Months Ended
	Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW DISCLOSURES	SUPPLEMENTAL CASH FLOW DISCLOSURES Supplemental cash flow disclosures for the years ended December 31, 2018 , 2017 and 2016 are as follows (in thousands): Year Ended December 31, 2018 2017 2016 Supplemental Disclosures of Non-Cash Investing and Financing Activities: Distributions declared and unpaid $ 16,518 $ 16,531 $ 16,498 Accrued capital expenditures $ 557 $ 192 $ 675 Common stock issued through distribution reinvestment plan $ 91,764 $ 101,344 $ 109,166 Change in fair value of interest rate swaps $ 3,875 $ 7,654 $ 4,335 Contingent consideration recorded upon property acquisitions $ — $ — $ 332 Consolidation of real estate joint venture $ — $ — $ 18,305 Supplemental Cash Flow Disclosures: Interest paid $ 93,424 $ 85,140 $ 74,034 Cash paid for income taxes $ 1,475 $ 1,555 $ 1,887

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Litigation In the ordinary course of business, the Company may become subject to litigation and claims. The Company is not aware of any material pending legal proceedings, other than ordinary routine litigation incidental to the Company’s business, to which the Company is a party or of which the Company’s properties are the subject. Environmental Matters In connection with the ownership and operation of real estate, the Company may potentially be liable for costs and damages related to environmental matters. In addition, the Company may own or acquire certain properties that are subject to environmental remediation. Generally, the seller of the property, the tenant of the property and/or another third party is responsible for environmental remediation costs related to a property. Additionally, in connection with the purchase of certain properties, the respective sellers and/or tenants may agree to indemnify the Company against future remediation costs. The Company also carries environmental liability insurance on its properties that provides limited coverage for any remediation liability and/or pollution liability for third-party bodily injury and/or property damage claims for which the Company may be liable. The Company is not aware of any environmental matters which it believes are reasonably likely to have a material effect on its results of operations, financial condition or liquidity.

Related Party Transactions and

Related Party Transactions and Arrangements	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS	RELATED-PARTY TRANSACTIONS AND ARRANGEMENTS The Company has incurred fees and expenses payable to CR IV Management and certain of its affiliates in connection with the acquisition, management and disposition of its assets. Acquisition fees and expenses The Company pays CR IV Management or its affiliates acquisition fees of up to 2.0% of: (1) the contract purchase price of each property or asset the Company acquires; (2) the amount paid in respect of the development, construction or improvement of each asset the Company acquires; (3) the purchase price of any loan the Company acquires; and (4) the principal amount of any loan the Company originates. In addition, the Company reimburses CR IV Management or its affiliates for acquisition-related expenses incurred in the process of acquiring properties, so long as the total acquisition fees and expenses relating to the transaction do not exceed 6.0% of the contract purchase price, unless otherwise approved by a majority of the Board, including a majority of the Company’s independent directors, as commercially competitive, fair and reasonable to the Company. Advisory fees and expenses The Company pays CR IV Management a monthly advisory fee based upon the Company’s monthly average invested assets, which, effective January 1, 2018, is based on the estimated market value of such assets used to determine the Company’s estimated per share NAV as of December 31, 2017, as discussed in Note 1 — Organization and Business, and for those assets acquired subsequent to December 31, 2017, is based on the purchase price. The monthly advisory fee is equal to the following amounts: (1) an annualized rate of 0.75% paid on the Company’s average invested assets that are between $0 and $2.0 billion ; (2) an annualized rate of 0.70% paid on the Company’s average invested assets that are between $2.0 billion and $4.0 billion ; and (3) an annualized rate of 0.65% paid on the Company’s average invested assets that are over $4.0 billion . Operating expenses The Company reimburses CR IV Management or its affiliates for certain expenses CR IV Management or its affiliates paid or incurred in connection with the services provided to the Company, subject to the limitation that the Company will not reimburse CR IV Management or its affiliates for any amount by which the operating expenses (including the advisory fee) at the end of the four preceding fiscal quarters exceed the greater of: (1) 2.0% of average invested assets, or (2) 25.0% of net income excluding any additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of assets for that period. The Company will not reimburse CR IV Management or its affiliates for the salaries and benefits paid to personnel in connection with the services for which CR IV Management receives acquisition fees, and the Company will not reimburse CR IV Management for salaries and benefits paid to the Company’s executive officers. Disposition fees If CR IV Management or its affiliates provide a substantial amount of services (as determined by a majority of the Company’s independent directors) in connection with the sale of one or more properties (or the Company’s entire portfolio), the Company will pay CR IV Management or its affiliates a disposition fee in an amount equal to up to one-half of the real estate or brokerage commission paid by the Company to third parties on the sale of such property, not to exceed 1.0% of the contract price of the property sold; provided, however, in no event may the total disposition fees paid to CR IV Management, its affiliates and unaffiliated third parties exceed the lesser of the customary competitive real estate commission or an amount equal to 6.0% of the contract sales price. Subordinated performance fees If the Company is sold or its assets are liquidated, CR IV Management will be entitled to receive a subordinated performance fee equal to 15.0% of the net sale proceeds remaining after stockholders have received, from regular distributions plus special distributions paid from proceeds of such sale, a return of their net capital invested and an 8.0% annual cumulative, non-compounded return. Alternatively, if the Company’s shares are listed on a national securities exchange, CR IV Management will be entitled to a subordinated performance fee equal to 15.0% of the amount by which the market value of the Company’s outstanding stock plus all distributions paid by the Company prior to listing, exceeds the sum of the total amount of capital raised from stockholders and the amount of distributions necessary to generate an 8.0% annual cumulative, non-compounded return to stockholders. As an additional alternative, upon termination of the advisory agreement, CR IV Management may be entitled to a subordinated performance fee similar to the fee to which CR IV Management would have been entitled had the portfolio been liquidated (based on an independent appraised value of the portfolio) on the date of termination. During each of the years ended December 31, 2018 , 2017 and 2016 , no subordinated performance fees were incurred related to any such events. The Company recorded fees and expense reimbursements as shown in the table below for services provided by CR IV Management or its affiliates related to the services described above during the periods indicated (in thousands): Year Ended December 31, 2018 2017 2016 Acquisition fees and expenses $ 2,749 $ 6,532 $ 4,960 Disposition fees $ 478 $ — $ — Advisory fees and expenses $ 43,399 $ 44,072 $ 41,926 Operating expenses $ 5,163 $ 4,494 $ 4,119 Of the amounts shown above, $5.2 million and $2.0 million had been incurred, but not yet paid, for services provided by CR IV Management or its affiliates in connection with the acquisition, disposition and operations activities during the years ended December 31, 2018 and 2017 , respectively, and such amounts were recorded as liabilities of the Company as of such dates. Due to/from Affiliates As of December 31, 2018 and 2017 , $5.2 million and $2.0 million , respectively, had been incurred primarily for advisory fees and operating expenses by CR IV Management or its affiliates, but had not yet been reimbursed by the Company. These amounts were included in due to affiliates in the consolidated balance sheets for such periods. As of December 31, 2017 , $56,000 was due from CR IV Management or its affiliates related to amounts received by affiliates of the advisor which were due to the Company. No such amounts were due to the Company as of December 31, 2018 .

Economic Dependency

Economic Dependency	12 Months Ended
	Dec. 31, 2018
Economic Dependency [Abstract]
ECONOMIC DEPENDENCY	ECONOMIC DEPENDENCY Under various agreements, the Company has engaged and may in the future engage CR IV Management or its affiliates to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, as well as other administrative responsibilities for the Company including accounting services and stockholder relations. As a result of these relationships, the Company is dependent upon CR IV Management or its affiliates. In the event that these companies are unable to provide the Company with these services, the Company would be required to find alternative providers of these services. Services Agreement VEREIT OP, a former affiliated entity of the Company’s sponsor, is obligated to provide certain services to CCO Group and to the Company, including operational real estate support (the “Services Agreement”) through March 31, 2019 (or, if later, the date of the last government filing other than a tax filing made by the Company, CCPT V, CCIT II, CCIT III and/or CIM Income NAV with respect to its 2018 fiscal year) (the “Initial Services Term”), and is obligated to provide consulting and research services through December 31, 2023 as requested by CCO Group, LLC. The services provided by VEREIT OP during the Initial Services Term, including but not limited to any advisory, dealer manager and property management services, have been, or by March 31, 2019, will be, transitioned to, and will be provided directly by, our sponsor, advisor, dealer manager or an affiliate thereof.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY As of December 31, 2018, 2017 and 2016, the Company was authorized to issue $600.0 million of shares of common stock under the Secondary DRIP Offering. All shares of such stock have a par value of $0.01 per share. The par value of stockholder proceeds raised from the DRIP Offerings is classified as common stock, with the remainder allocated to capital in excess of par value. On August 11, 2010, the Company sold 20,000 shares of common stock, at $10.00 per share, to Cole Holdings Corporation (“CHC”). On April 5, 2013, the ownership of such shares was transferred to CREInvestments, LLC (“CREI”), an affiliate of CR IV Management. On February 7, 2014, the ownership of such shares was transferred to VEREIT OP. Upon completion of the Transaction on February 1, 2018, the ownership of such shares was transferred by VEREIT OP to CR IV Management. Pursuant to the Company’s charter, CR IV Management is prohibited from selling the 20,000 shares of the common stock that represents the initial investment in the Company for so long as CCO Group remains the Company’s sponsor; provided, however, that CR IV Management may transfer ownership of all or a portion of these 20,000 shares of the Company’s common stock to other affiliates of the Company’s sponsor. Distribution Reinvestment Plan Pursuant to the DRIP, the Company allows stockholders to elect to have their distributions reinvested in additional shares of the Company’s common stock at the most recent estimated per share NAV as determined by the Board. The Board may terminate or amend the Secondary DRIP Offering at the Company’s discretion at any time upon ten days’ prior written notice to the stockholders. During the years ended December 31, 2018 , 2017 and 2016 , approximately 9.6 million , 10.1 million and 11.2 million shares were purchased under the DRIP Offerings for approximately $91.8 million , $101.3 million and $109.2 million , respectively, which were recorded as redeemable common stock on the consolidated balance sheets. Share Redemption Program The Company’s share redemption program permits its stockholders to sell their shares back to the Company after they have held them for at least one year, subject to the significant conditions and limitations described below. The share redemption program provides that the Company will redeem shares of its common stock from requesting stockholders, subject to the terms and conditions of the share redemption program. The Company will limit the number of shares redeemed pursuant to the share redemption program as follows: (1) the Company will not redeem in excess of 5% of the weighted average number of shares outstanding during the trailing 12 months prior to the end of the fiscal quarter for which the redemptions are being paid; and (2) funding for the redemption of shares will be limited, among other things, to the net proceeds the Company receives from the sale of shares under the DRIP Offerings, net of shares redeemed to date. In an effort to accommodate redemption requests throughout the calendar year, the Company intends to limit quarterly redemptions to approximately 1.25% of the weighted average number of shares outstanding during the trailing 12 -month period ending on the last day of the fiscal quarter, and funding for redemptions for each quarter generally will be limited to the net proceeds the Company receives from the sale of shares in the respective quarter under the DRIP Offerings. In accordance with the Company’s share redemption program, the per share redemption price (other than for shares purchased pursuant to the DRIP portion of the Offering and the DRIP Offerings) will depend on the length of time the redeeming stockholder has held such shares as follows: after two years from the purchase date, 97.5% of the most recent estimated value of each share; and after three years from the purchase date, 100% of the most recent estimated value of each share. During this time period, the redemption price for shares purchased pursuant to the DRIP portion of the Offering and the DRIP Offerings will be 100% of the most recent estimated value of each share, as determined by the Board. See the discussion of the updated estimated per share NAV of the Company’s common stock effective March 26, 2019 in Note 17 — Subsequent Events. Upon receipt of a request for redemption, the Company may conduct a Uniform Commercial Code search to ensure that no liens are held against the shares. If the Company cannot purchase all shares presented for redemption in any fiscal quarter, based upon insufficient cash available and/or the limit on the number of shares the Company may redeem during any quarter or year, the Company will give priority to the redemption of deceased stockholders’ shares. The Company next will give priority to requests for full redemption of accounts with a balance of 250 shares or less at the time the Company receives the request, in order to reduce the expense of maintaining small accounts. Thereafter, the Company will honor the remaining quarterly redemption requests on a pro rata basis. Following such quarterly redemption period, the unsatisfied portion of the prior redemption request must be resubmitted, prior to the last day of the new quarter. Unfulfilled requests for redemption will not be carried over automatically to subsequent redemption periods. The Company redeems shares no later than the end of the month following the end of each fiscal quarter. Requests for redemption must be received on or prior to the end of the fiscal quarter in order for the Company to repurchase the shares in the month following the end of that fiscal quarter. The Board may amend, suspend or terminate the share redemption program at any time upon 30 days’ prior written notice to the stockholders. During the years ended December 31, 2018 , 2017 and 2016 , the Company redeemed approximately 9.8 million , 10.3 million and 11.5 million shares, respectively, under the share redemption program for $93.8 million , $103.7 million and $110.7 million , respectively. During the year ended December 31, 2018 , redemption requests relating to approximately 58.5 million shares went unfulfilled. Distributions Payable and Distribution Policy The Board authorized a daily distribution, based on 365 days in the calendar year, of $0.001711452 per share for stockholders of record as of the close of business on each day of the period commencing on January 1, 2018 and ending on June 30, 2019 . As of December 31, 2018 , the Company had distributions payable of $16.5 million . Equity-Based Compensation On August 10, 2018, the Board approved the adoption of the Cole Credit Property Trust IV, Inc. 2018 Equity Incentive Plan (the “Plan”), under which 400,000 of the Company’s common shares were reserved for issuance and share awards of 386,000 are available for future grant at December 31, 2018. Under the Plan, the Board or a committee designated by the Board has the authority to grant restricted stock awards or deferred stock awards to non-employee directors of the Company, which will further align such directors’ interests with the interests of the Company’s stockholders. The Board or committee also has the authority to determine the terms of any award granted pursuant to the Plan, including vesting schedules, restrictions and acceleration of any restrictions. The Plan may be amended or terminated by the Board at any time. The Plan expires on August 9, 2028. On October 1, 2018, the Company granted awards of approximately 3,500 restricted shares to each of the independent members of the Board (approximately 14,000 restricted shares in aggregate) under the Plan, which fully vest on October 1, 2019 based on one year of continuous service. As of December 31, 2018, none of the restricted shares had vested or been forfeited. The fair value of the Company’s share awards is determined using the Company’s NAV per share on the date of grant. Compensation expense related to these restricted shares is recognized over the vesting period. The Company recorded compensation expense of $33,000 for the year ended December 31, 2018 related to these restricted shares included in general and administrative expenses on the accompanying consolidated statement of operations. As of December 31, 2018, there was $98,000 of total unrecognized compensation expense related to shares which will be recognized ratably over the remaining period of service prior to October 1, 2019.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For federal income tax purposes, distributions to stockholders are characterized as ordinary dividends, capital gain distributions, or nondividend distributions. Nondividend distributions will reduce U.S stockholders’ basis (but not below zero) in their shares. The following table shows the character of the distributions the Company paid on a percentage basis for the years ended December 31, 2018 , 2017 and 2016 : Year Ended December 31, Character of Distributions: 2018 2017 2016 Ordinary dividends 52 % 51 % 53 % Nondividend distributions 48 % 42 % 46 % Capital gain distributions — % 7 % 1 % Total 100 % 100 % 100 % During the years ended December 31, 2018 , 2017 and 2016 , the Company incurred state and local income and franchise taxes of $1.4 million , $1.6 million , and $1.2 million , respectively, which were recorded in general and administrative expenses in the consolidated statements of operations. The Company had no unrecognized tax benefits as of or during the years ended December 31, 2018 and 2017 . Any interest and penalties related to unrecognized tax benefits would be recognized within the provision for income taxes in the accompanying consolidated statements of operations. The Company files income tax returns in the U.S. federal jurisdiction, as well as various state jurisdictions, and is subject to routine examinations by the respective tax authorities.

Operating Leases

Operating Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
OPERATING LEASES	OPERATING LEASES The Company’s real estate assets are leased to tenants under operating leases for which the terms and expirations vary. As of December 31, 2018 , the leases had a weighted-average remaining term of 9.1 years. Certain leases include provisions to extend the lease agreements, options for early termination after paying a specified penalty, rights of first refusal to purchase the property at competitive market rates, and other negotiated terms and conditions. The Company retains substantially all of the risks and benefits of ownership of the real estate assets leased to tenants. As of December 31, 2018 , the future minimum rental income from the Company’s real estate assets under non-cancelable operating leases, assuming no exercise of renewal options for the succeeding five fiscal years and thereafter, was as follows (in thousands): Year Ending December 31, Future Minimum Rental Income 2019 $ 352,699 2020 343,991 2021 327,661 2022 311,858 2023 284,510 Thereafter 1,718,650 Total $ 3,339,369 A certain amount of the Company’s rental income is from tenants with leases which are subject to contingent rent provisions. These contingent rents are subject to the tenant achieving periodic revenues in excess of specified levels. For the years ended December 31, 2018 , 2017 and 2016 , the amount of the contingent rent earned by the Company was not significant.

Quarterly Results (Unaudited)

Quarterly Results (Unaudited)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY RESULTS (UNAUDITED)	QUARTERLY RESULTS (UNAUDITED) Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2018 and 2017 (in thousands, except for per share amounts). In the opinion of management, the information for the interim periods presented includes all adjustments which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period. December 31, 2018 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 109,503 $ 107,395 $ 105,705 $ 108,673 Net income (loss) $ 19,073 $ 17,825 $ 14,905 $ (14,391 ) Net income (loss) attributable to the Company $ 19,039 $ 17,792 $ 14,872 $ (14,425 ) Basic and diluted net income (loss) per common share (1) $ 0.06 $ 0.06 $ 0.05 $ (0.05 ) ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters. December 31, 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 104,780 $ 104,504 $ 107,024 $ 107,787 Net income $ 16,251 $ 18,107 $ 29,769 $ 15,424 Net income attributable to the Company $ 16,217 $ 18,075 $ 29,736 $ 15,392 Basic and diluted net income per common share (1) $ 0.05 $ 0.06 $ 0.10 $ 0.05 ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS The following events occurred subsequent to December 31, 2018 : Redemption of Shares of Common Stock Subsequent to December 31, 2018 , the Company redeemed approximately 2.3 million shares pursuant to the Company’s share redemption program for $21.7 million (at an average price per share of $9.37 ). Management, in its discretion, limited the amount of shares redeemed for the three months ended December 31, 2018 to an amount equal to net proceeds the Company received from the sale of shares in the DRIP Offerings during the respective period. The remaining redemption requests received during the three months ended December 31, 2018 totaling approximately 16.1 million shares went unfulfilled. Property Disposition Subsequent to December 31, 2018 , the Company disposed of 33 commercial real estate property for a gross sales price of $109.1 million , resulting in proceeds of $105.8 million after closing costs and a gain of $5.0 million . In addition, $534,000 was incurred for disposition fees to CR IV Management or its affiliates in connection with the sale of the property and the Company has no continuing involvement with this property. Estimated Per Share NAV On March 20, 2019, the Board established an estimated per share NAV of the Company’s common stock as of December 31, 2018 , of $8.65 per share. Commencing on March 26, 2019, distributions will be reinvested in shares of the Company’s common stock under the Secondary DRIP Offering at a price of $8.65 per share. Pursuant to the terms of the Company’s share redemption program, commencing on March 26, 2019, the updated estimated per share NAV of $8.65 , as of December 31, 2018 , will serve as the most recent estimated value for purposes of the share redemption program going forward, until such time as the Board determines a new estimated per share NAV.

Schedule III - Real Estate Asse

Schedule III - Real Estate Assets and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate Assets and Accumulated Depreciation	Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Real Estate Held for Investment: 10Box Cost-Plus: Conway, AR $ — $ 733 $ 1,654 $ — $ 2,387 $ 67 9/5/2017 1989 Russellville, AR — 990 1,470 — 2,460 83 3/20/2017 1989 24 Hour Fitness: Beaverton, OR (h) 2,609 9,974 — 12,583 1,070 9/30/2014 2009 Fort Worth, TX (h) 1,519 7,449 — 8,968 1,041 9/27/2013 2008 Aaron’s: Hillsboro, OH (h) 279 829 — 1,108 145 8/26/2013 2013 Mountain Home, AR (h) 183 872 — 1,055 72 10/1/2015 2015 Wilmington, OH (h) 249 1,134 — 1,383 132 2/26/2015 2014 Academy Sports: Clarksville, TN (h) 1,811 6,603 — 8,414 814 6/17/2014 2014 Cookeville, TN 49,300 — 23,847 73,371 97,218 7,274 9/30/2014 2015 Douglasville, GA (h) 1,360 8,593 — 9,953 1,046 6/12/2014 2014 Flowood, MS (h) 1,534 7,864 — 9,398 1,025 6/27/2014 2014 Greenville, NC (h) 1,968 7,054 — 9,022 419 1/12/2017 2016 McDonough, GA (h) 1,846 5,626 — 7,472 735 4/24/2014 2010 Valdosta, GA 5,838 2,482 5,922 — 8,404 991 5/10/2013 2012 Advance Auto: Corydon, IN (h) 190 1,219 — 1,409 206 10/26/2012 2012 Dearborn Heights, MI (h) 385 1,090 — 1,475 146 8/30/2013 2013 Decatur, GA (h) 606 1,053 — 1,659 147 12/20/2013 2012 Lake Geneva, WI 1,062 381 1,181 — 1,562 181 2/6/2013 2012 Lawton, OK (h) 387 1,000 — 1,387 97 6/12/2015 2005 Mattoon, IL (h) 261 1,063 — 1,324 81 12/4/2015 2015 Mt. Pleasant, IA (h) 122 1,069 — 1,191 153 4/29/2014 2013 North Ridgeville, OH (h) 218 1,284 — 1,502 219 4/13/2012 2008 Rutherfordton, NC (h) 220 944 — 1,164 131 10/22/2013 2013 Starkville, MS (h) 447 756 — 1,203 140 6/29/2012 2011 Willmar, MN (h) 200 1,279 — 1,479 123 3/25/2015 2014 Albany Square: Albany, GA 4,600 1,606 7,113 373 9,092 1,153 2/26/2014 2013 Almeda Crossing: Houston, TX (h) 4,738 26,245 375 31,358 3,155 8/7/2014 2006 Applebee’s: Lithonia, GA (h) 1,234 2,613 — 3,847 313 3/28/2014 2002 Savannah, GA (h) 818 1,686 — 2,504 204 5/22/2014 2006 At Home: Kissimmee, FL (h) 2,512 5,594 — 8,106 429 9/9/2016 1992 AutoZone: Philipsburg, PA (h) 152 1,304 — 1,456 224 7/30/2012 2010 Poughkeepsie, NY (h) 699 1,356 — 2,055 123 8/20/2015 2005 Sheffield, OH — 815 — 770 1,585 74 10/15/2014 2014 Bass Pro Shops: Tallahassee, FL (h) 945 5,713 — 6,658 867 8/20/2013 2013 Beavercreek Shopping Center: Beavercreek, OH 17,200 5,504 25,178 538 31,220 3,704 10/31/2013 2013 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Bed Bath & Beyond/Golfsmith: Schaumburg, IL $ 7,300 $ 4,786 $ 6,149 $ (1,372 ) $ 9,563 $ — 3/8/2013 1997 Benihana: Golden Valley, MN (h) 1,510 2,934 — 4,444 486 8/21/2012 1980 Lauderdale by the Sea, FL (h) 2,181 2,014 — 4,195 342 8/21/2012 1971 Lombard, IL (h) 1,390 2,343 — 3,733 464 8/21/2012 1984 Woodlands, TX (h) 1,151 968 — 2,119 167 8/21/2012 2001 Big Lots: San Angelo, TX (h) 1,043 1,947 — 2,990 465 12/19/2012 2012 Waco, TX (h) 1,069 1,326 124 2,519 347 12/10/2012 2012 Biolife Plasma Services: Bellingham, WA — 2,397 6,264 — 8,661 758 11/21/2014 2014 Grandville, MI — 959 4,791 — 5,750 537 11/21/2014 2014 Loveland, CO — 651 5,645 — 6,296 620 11/21/2014 2014 Bloomington, IN — 696 3,900 — 4,596 464 6/26/2014 2014 Fort Wayne, IN — 660 3,749 — 4,409 446 6/26/2014 2013 St. Cloud, MN — 889 3,633 — 4,522 474 6/26/2014 2013 St. George, UT — 1,195 5,561 — 6,756 564 3/12/2015 2014 Waterloo, IA — 489 3,380 — 3,869 448 6/26/2014 2013 West Fargo, ND — 1,379 5,052 — 6,431 540 3/12/2015 2014 Bob Evans: Akron, OH — 447 1,537 — 1,984 81 4/28/2017 2007 Anderson, IN — 912 1,455 — 2,367 78 4/28/2017 1984 Austintown, OH — 305 1,426 — 1,731 81 4/28/2017 1995 Birch Run, MI — 733 1,192 — 1,925 66 4/28/2017 2008 Blue Ash, OH — 628 1,429 — 2,057 88 4/28/2017 1994 Chardon, OH — 333 682 — 1,015 41 4/28/2017 2003 Chillicothe, OH — 557 1,524 — 2,081 84 4/28/2017 1998 Columbus, OH — 523 1,376 — 1,899 78 4/28/2017 2003 Dayton, OH — 325 1,438 — 1,763 84 4/28/2017 1998 Eldersburg, MD — 557 876 — 1,433 47 4/28/2017 2000 Florence, KY — 496 1,876 — 2,372 107 4/28/2017 1991 Holland, MI — 314 1,367 — 1,681 77 4/28/2017 2004 Huntersville, NC — 751 657 — 1,408 36 4/28/2017 2008 Hurricane, WV — 297 1,654 — 1,951 85 4/28/2017 1993 Milford, OH — 271 1,498 — 1,769 86 4/28/2017 1987 Monroeville, PA — 1,340 848 — 2,188 44 4/28/2017 1995 Nicholasville, KY — 731 693 — 1,424 37 4/28/2017 1989 North Canton, OH — 859 1,393 — 2,252 79 4/28/2017 2006 Ripley, WV — 269 1,304 — 1,573 72 4/28/2017 1988 Tipp City, OH — 554 1,120 — 1,674 66 4/28/2017 1989 Warsaw, IN — 684 1,222 — 1,906 67 4/28/2017 1993 Bojangles: Pelham, AL (h) 219 1,216 — 1,435 149 6/30/2014 2010 Boston Commons: Springfield, MA 5,400 3,101 7,042 280 10,423 877 8/19/2014 2004 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Bottom Dollar Grocery: Ambridge, PA $ — $ 519 $ 2,985 $ — $ 3,504 $ 394 11/5/2013 2012 Brownsville Plaza: Baldwin, PA — 627 2,702 — 3,329 375 2/28/2014 2012 Bryan Crossing: Kodak, TN 4,958 863 6,523 — 7,386 756 9/9/2014 2008 Buffalo Wild Wings: Idaho Falls, ID (h) 712 1,336 — 2,048 151 7/29/2014 2008 Warrenville, IL (h) 1,208 1,420 — 2,628 275 3/28/2013 2004 Woodridge, IL (h) 1,139 1,484 — 2,623 285 3/28/2013 2005 Cabela’s: Acworth, GA (h) 4,979 18,775 — 23,754 665 9/25/2017 2014 Avon, OH (h) 2,755 10,751 — 13,506 387 9/25/2017 2016 La Vista, NE (h) 3,260 16,923 — 20,183 576 9/25/2017 2006 Sun Prairie, WI (h) 3,373 14,058 — 17,431 525 9/25/2017 2015 Caliber Collision Center: Frisco, TX (h) 1,484 2,038 — 3,522 252 9/16/2014 2014 Las Cruces, NM (h) 673 1,949 — 2,622 236 3/21/2014 2014 Midwest City, OK (h) 259 1,165 — 1,424 147 2/21/2014 2013 Denver, CO (h) 855 658 — 1,513 77 6/25/2014 1975 San Antonio, TX (h) 622 832 — 1,454 97 6/4/2014 2014 Wylie, TX (h) 816 2,690 — 3,506 299 2/10/2015 2014 Camping World: Pensacola, FL (h) 2,152 3,831 — 5,983 491 4/29/2014 2014 Canton Marketplace: Canton, GA 32,000 8,310 48,667 930 57,907 9,251 3/28/2013 2009 Carlisle Crossing: Carlisle, PA — 4,491 15,817 — 20,308 2,114 9/18/2014 2006 Canarsie Plaza: Brooklyn, NY 75,000 37,970 71,267 790 110,027 10,988 12/5/2012 2011 Century Plaza: Orlando, FL (h) 3,094 6,178 797 10,069 1,095 7/21/2014 2008 Chase: Hanover Township, NJ (h) 2,192 — — 2,192 — 12/18/2013 2012 Chestnut Square: Brevard, NC 3,727 425 5,037 92 5,554 757 6/7/2013 2008 Chili’s: Forest City, NC (h) 233 1,936 — 2,169 210 9/3/2014 2003 Coosa Town Center: Gadsden, AL (h) 3,246 7,799 — 11,045 1,135 12/20/2013 2004 Cost Plus World Market: Kansas City, MO (h) 1,378 2,396 42 3,816 536 11/13/2012 2001 Costco: Tallahassee, FL 5,146 9,497 — — 9,497 — 12/11/2012 2006 Cottonwood Commons: Albuquerque, NM 19,250 4,986 28,881 196 34,063 4,168 7/19/2013 2013 Coventry Crossing: Coventry, RI 6,000 3,462 5,899 59 9,420 901 9/12/2013 2008 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Crosspoint: Hagerstown, MD (h) $ 12,285 $ 14,359 $ (1,024 ) $ 25,620 $ 2,049 9/30/2014 2000 Crossroads Annex: Lafayette, LA (h) 1,659 7,091 — 8,750 1,025 12/4/2013 2013 Crossroads Commons: Plover, WI (h) 1,000 4,515 75 5,590 764 12/10/2013 2012 CVS: Arnold, MO (h) 2,043 2,367 — 4,410 307 12/13/2013 2013 Asheville, NC (h) 1,108 1,084 — 2,192 191 4/26/2012 1998 Austin, TX (h) 1,076 3,475 — 4,551 448 12/13/2013 2013 Bainbridge, GA (h) 444 1,682 47 2,173 292 6/27/2012 1998 Bloomington, IN (h) 1,620 2,957 — 4,577 384 12/13/2013 2012 Blue Springs, MO (h) 395 2,722 — 3,117 353 12/13/2013 2013 Bridgeton, MO (h) 2,056 2,362 — 4,418 306 12/13/2013 2013 Cartersville, GA (h) 2,547 — — 2,547 — 10/22/2012 2009 Charleston, SC (h) 869 1,009 — 1,878 179 4/26/2012 1998 Chesapeake, VA (h) 1,044 3,053 — 4,097 404 12/13/2013 2013 Chicago, IL (h) 1,832 4,255 — 6,087 616 3/20/2013 2008 Cicero, IN (h) 487 3,099 — 3,586 401 12/13/2013 2013 Corpus Christi, TX (h) 648 2,557 — 3,205 436 4/19/2012 1998 Danville, IN (h) 424 2,105 76 2,605 253 7/16/2014 1998 Eminence, KY (h) 872 2,511 — 3,383 322 12/13/2013 2013 Florence, AL $ 1,735 1,030 1,446 — 2,476 218 3/27/2013 2000 Goose Creek, SC (h) 1,022 1,980 — 3,002 254 12/13/2013 2013 Greenwood, IN (h) 912 3,549 61 4,522 489 7/11/2013 1999 Hanover Township, NJ (h) 4,746 — — 4,746 — 12/18/2013 2012 Hazlet, NJ (h) 3,047 3,610 — 6,657 466 12/13/2013 2013 Honesdale, PA (h) 1,206 3,342 — 4,548 444 12/13/2013 2013 Independence, MO (h) 359 2,242 — 2,601 292 12/13/2013 2013 Indianapolis, IN (h) 1,110 2,484 — 3,594 322 12/13/2013 2013 Irving, TX (h) 745 3,034 — 3,779 484 10/5/2012 2000 Jacksonville, FL (h) 2,182 3,817 — 5,999 438 7/16/2014 2004 Janesville, WI (h) 736 2,545 — 3,281 330 12/13/2013 2013 Katy, TX (h) 1,149 2,462 — 3,611 312 12/13/2013 2013 Lincoln, NE (h) 2,534 3,014 — 5,548 389 12/13/2013 2013 London, KY (h) 1,445 2,661 — 4,106 362 9/10/2013 2013 Middletown, NY (h) 665 5,483 — 6,148 701 12/13/2013 2013 North Wilkesboro, NC (h) 332 2,369 — 2,701 312 10/25/2013 1999 Poplar Bluff, MO (h) 1,861 2,211 — 4,072 288 12/13/2013 2013 Salem, NH (h) 3,456 2,351 — 5,807 303 11/18/2013 2013 San Antonio, TX (h) 1,893 1,848 — 3,741 243 12/13/2013 2013 Sand Springs, OK (h) 1,765 2,283 — 4,048 298 12/13/2013 2013 Santa Fe, NM (h) 2,243 4,619 — 6,862 589 12/13/2013 2013 Sedalia, MO (h) 466 2,318 — 2,784 301 12/13/2013 2013 St. John, MO (h) 1,546 2,601 — 4,147 337 12/13/2013 2013 Temple Hills, MD (h) 1,817 2,989 — 4,806 400 9/30/2013 2001 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed CVS (continued): Vineland, NJ (h) $ 813 $ 2,926 $ — $ 3,739 $ 391 12/13/2013 2010 Waynesboro, VA (h) 986 2,708 — 3,694 351 12/13/2013 2013 West Monroe, LA (h) 1,738 2,136 — 3,874 279 12/13/2013 2013 Darien Towne Center: Darien, IL $ 12,200 6,718 11,951 915 19,584 2,263 12/17/2013 1994 DaVita: Riverview, MI (h) 199 2,322 — 2,521 315 9/4/2014 2012 Decatur Commons: Decatur, AL 7,000 2,478 9,333 848 12,659 1,479 7/10/2013 2004 Deltona Commons: Deltona, FL 4,767 1,424 7,760 32 9,216 1,100 6/18/2013 2007 Dick’s PetSmart Center: Oshkosh, WI (h) 1,445 6,599 (696 ) 7,348 — 9/23/2016 2015 Dick’s Sporting Goods: Oklahoma City, OK (h) 1,198 7,838 — 9,036 1,352 12/21/2012 2012 Oklahoma City, OK 5,858 685 10,587 — 11,272 1,782 12/31/2012 2012 Dollar General: Abbeville, AL (h) 294 1,302 — 1,596 148 10/3/2014 2014 Akron, AL (h) 69 771 — 840 113 8/6/2013 2013 Akron, OH (h) 112 1,099 — 1,211 159 11/1/2013 2013 Alliance, NE (h) 97 812 — 909 136 4/9/2013 2013 Alton, TX (h) 94 922 — 1,016 106 9/5/2014 2014 Arapahoe, NE (h) 44 873 — 917 102 9/5/2014 2014 Asheville, NC (h) 379 753 — 1,132 124 6/17/2013 2013 Ashville, AL — 255 678 — 933 123 12/21/2012 2012 Atmore, AL (h) 243 858 — 1,101 113 2/25/2014 2014 Bainbridge, OH (h) 106 1,175 — 1,281 182 9/13/2013 2013 Belle, MO (h) 51 880 — 931 102 9/5/2014 2014 Berry, AL (h) 104 1,196 — 1,300 139 9/26/2014 2014 Bessemer, AL (h) 142 941 — 1,083 135 9/27/2013 2013 Bloomfield, NE (h) 50 845 — 895 92 12/16/2014 2014 Blue Rapids, KS (h) 52 880 — 932 101 10/22/2014 2014 Bluefield, WV (h) 337 686 — 1,023 77 10/15/2014 2014 Bokchito, OK (h) 59 859 — 918 148 2/27/2013 2013 Botkins, OH (h) 130 991 — 1,121 150 9/27/2013 2013 Brandon, SD (h) 292 871 — 1,163 100 10/31/2014 2014 Breaux Bridge, LA — 225 1,007 — 1,232 166 11/30/2012 2012 Broken Bow, NE (h) 91 878 — 969 116 11/1/2013 2013 Brownsville, TX — 264 943 — 1,207 147 11/30/2012 2012 Buffalo, NY (h) 122 1,099 — 1,221 118 12/5/2014 2014 Clay, AL — 305 768 — 1,073 135 2/8/2013 2012 Cleveland, TX — 158 856 — 1,014 133 11/30/2012 2012 Columbus, OH (h) 279 1,248 — 1,527 181 11/7/2013 2013 Conroe, TX — 167 946 — 1,113 148 12/18/2012 2012 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Dollar General (continued): Crystal Springs, MS (h) $ 463 $ 3,027 $ — $ 3,490 $ 350 8/6/2014 2013 Cullman, AL (h) 159 824 — 983 98 8/4/2014 2014 Decatur, IL (h) 133 986 — 1,119 117 6/18/2014 2014 Decatur, IL (h) 219 964 — 1,183 108 9/8/2014 2014 Delcambre, LA (h) 169 1,025 — 1,194 145 9/27/2013 2013 Delhi, LA (h) 301 1,033 — 1,334 148 8/9/2013 2013 Deridder, LA (h) 135 923 — 1,058 131 9/27/2013 2013 Deridder, LA (h) 176 905 — 1,081 130 8/9/2013 2013 Des Moines, IA (h) 166 943 — 1,109 137 8/9/2013 2012 Dora, AL (h) 124 935 — 1,059 108 9/26/2014 2014 Dundee, MI (h) 296 1,047 — 1,343 138 11/26/2013 2013 Edinburg, TX (h) 146 809 — 955 98 7/31/2014 2014 Eight Mile, AL (h) 110 865 — 975 106 6/23/2014 2014 Elk Point, SD (h) 97 839 — 936 99 9/22/2014 2014 Ellerslie, GA (h) 247 797 — 1,044 102 4/17/2014 2014 Eufaula, AL (h) 300 930 — 1,230 112 7/22/2014 2014 Farmington, NM (h) 175 919 — 1,094 106 8/22/2014 2014 Fort Valley, GA (h) 514 2,436 — 2,950 381 7/9/2013 2013 Fred, TX (h) 93 929 — 1,022 126 12/19/2013 2013 Fruitport, MI (h) 100 968 — 1,068 112 6/25/2014 2014 Geneva, AL $ — 204 815 — 1,019 146 12/21/2012 2012 Geraldine, AL (h) 220 1,146 — 1,366 144 5/30/2014 2014 Greenwell Springs, LA — 444 841 — 1,285 141 11/30/2012 2012 Groveport, OH — 416 813 — 1,229 137 3/15/2013 2013 Hamilton, AL (h) 208 1,024 — 1,232 116 10/16/2014 2014 Hanceville, AL — 1,232 1,488 — 2,720 280 11/21/2012 2012 Harlingen, TX (h) 144 853 — 997 105 6/20/2014 2014 Harvest, AL — 261 691 — 952 126 12/21/2012 2012 Harviell, MO (h) 50 818 — 868 107 3/31/2014 2014 Hastings, NE (h) 177 850 — 1,027 98 10/22/2014 2014 Hayneville, AL (h) 249 1,181 — 1,430 141 8/15/2014 2014 Hillsboro, OH (h) 262 956 — 1,218 105 9/25/2014 2014 Hinton, WV (h) 199 1,367 — 1,566 152 8/18/2014 2014 Homeworth, OH (h) 110 1,057 — 1,167 142 10/18/2013 2013 Houston, TX — 311 1,102 — 1,413 172 12/18/2012 2012 Houston, TX (h) 255 1,393 — 1,648 187 10/18/2013 2013 Huntsville, AL — 177 847 — 1,024 151 12/21/2012 2012 Independence, MO — 170 1,072 — 1,242 174 12/18/2012 2012 Kansas City, MO (h) 283 1,068 — 1,351 149 10/18/2013 2013 Kansas City, MO (h) 233 1,054 — 1,287 145 11/1/2013 2013 Kasson, MN (h) 138 888 — 1,026 112 8/15/2014 2014 Kearney, NE (h) 141 851 — 992 118 11/20/2013 2013 Kinston, AL — 170 718 — 888 131 12/21/2012 2012 Kolona, IA (h) 81 868 — 949 102 8/15/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Dollar General (continued): Lake Charles, LA (h) $ 146 $ 989 $ — $ 1,135 $ 142 8/9/2013 2013 Lamesa, TX (h) 75 803 — 878 97 7/31/2014 2014 Lansing, MI (h) 232 939 — 1,171 109 6/25/2014 2014 Lebanon, TN (h) 177 882 — 1,059 103 6/30/2014 2012 Leicester, NC (h) 134 800 — 934 121 6/17/2013 2013 Lima, OH $ — 156 1,040 — 1,196 164 11/30/2012 2012 Linden, AL (h) 317 746 — 1,063 112 7/11/2013 2013 Lone Jack, MO (h) 152 960 — 1,112 120 5/16/2014 2014 Los Fresnos, TX (h) 55 867 — 922 100 9/19/2014 2014 Los Lunas, NM (h) 113 857 — 970 108 5/14/2014 2014 Louisburg, KS (h) 324 936 — 1,260 115 6/25/2014 2014 Loveland, OH (h) 241 1,065 — 1,306 155 12/12/2013 2013 Lubbock, TX — 468 641 — 1,109 107 12/18/2012 2012 Manhattan, KS (h) 194 921 — 1,115 129 11/20/2013 2013 Mansfield, OH (h) 72 1,226 — 1,298 158 12/12/2013 2013 Maple Lake, MN (h) 92 893 — 985 108 10/10/2014 2014 Maynardville, TN — 238 754 — 992 139 11/30/2012 2012 Millbrook, AL (h) 320 1,175 — 1,495 142 7/22/2014 2014 Mission, TX (h) 182 858 — 1,040 99 9/5/2014 2014 Mobile, AL (h) 139 1,005 — 1,144 142 10/18/2013 2013 Mobile, AL (h) 410 1,059 — 1,469 161 6/17/2013 2013 Monroeville, OH (h) 131 1,069 — 1,200 143 10/4/2013 2013 Montgomery, AL (h) 140 909 — 1,049 103 10/24/2014 2014 Moose Lake, MN (h) 140 937 — 1,077 113 10/10/2014 2014 Moroa, IL (h) 111 921 — 1,032 109 6/26/2014 2014 Mt. Vernon, IL (h) 177 985 — 1,162 119 5/30/2014 2014 Nashville, GA — 215 2,533 — 2,748 420 3/1/2013 2013 Nashville, MI (h) 103 1,255 — 1,358 156 1/24/2014 2013 Navarre, OH (h) 153 1,005 — 1,158 137 9/27/2013 2013 Neoga, IL (h) 94 860 — 954 97 8/8/2014 2010 Ness City, KS (h) 21 860 — 881 113 3/20/2014 2014 New Philadelphia, OH (h) 129 1,100 — 1,229 149 9/27/2013 2013 New Washington, OH (h) 99 975 — 1,074 148 9/13/2013 2013 Newark, OH — 222 946 — 1,168 159 3/15/2013 2013 Nitro, WV (h) 451 1,034 — 1,485 120 6/30/2014 2013 Nixa, MO (h) 235 806 — 1,041 103 4/3/2014 2014 North Lewisburg, OH (h) 59 1,008 — 1,067 148 11/22/2013 2013 Onawa, IA (h) 176 842 — 1,018 104 6/26/2014 2014 Opelousas, LA (h) 92 947 — 1,039 132 10/4/2013 2013 Ortonville, MN (h) 113 907 — 1,020 112 9/5/2014 2014 Osceola, NE (h) 194 835 — 1,029 84 4/2/2015 2014 Oxford, AL (h) 465 783 — 1,248 113 10/18/2013 2013 Palestine, IL (h) 155 893 — 1,048 106 6/26/2014 2014 Parchment, MI (h) 168 1,162 — 1,330 134 6/25/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Dollar General (continued): Park Hill, OK (h) $ 91 $ 887 $ — $ 978 $ 143 1/4/2013 2012 Parsons, TN (h) 166 1,136 — 1,302 139 7/16/2014 2013 Phenix City, AL (h) 331 718 — 1,049 110 6/17/2013 2013 Piedmont, AL $ — 1,037 1,579 — 2,616 299 11/21/2012 2012 Pike Road, AL (h) 477 772 — 1,249 114 8/21/2013 2013 Plain City, OH (h) 187 1,097 — 1,284 144 11/26/2013 2013 Port Clinton, OH (h) 120 1,070 — 1,190 141 11/22/2013 2013 Princeton, MO (h) 155 1,159 — 1,314 132 10/10/2014 2014 Pueblo, CO (h) 144 909 — 1,053 140 1/4/2013 2012 Ragley, LA (h) 196 877 — 1,073 128 8/9/2013 2013 Rainsville, AL (h) 290 1,267 — 1,557 149 8/13/2014 2014 Ravenna, MI (h) 199 958 — 1,157 119 1/24/2014 2013 Rayne, LA — 125 910 — 1,035 149 12/18/2012 2012 Roanoke, IL (h) 93 846 — 939 103 5/16/2014 2014 Romney, IN (h) 87 827 — 914 94 7/7/2014 2011 Romulus, MI (h) 274 1,171 — 1,445 144 3/7/2014 2013 Russell, KS (h) 54 899 — 953 107 8/5/2014 2014 San Carlos, TX (h) 70 1,063 — 1,133 129 6/20/2014 2014 Seale, AL (h) 259 767 — 1,026 110 10/28/2013 2013 Seminole, AL (h) 175 829 — 1,004 124 7/15/2013 2013 Shelby, MI (h) 128 1,033 — 1,161 128 1/24/2014 2013 Slocomb, AL (h) 124 918 — 1,042 121 2/25/2014 2014 Snead, AL (h) 126 1,137 — 1,263 132 9/26/2014 2014 South Bay, FL (h) 258 1,262 — 1,520 151 5/7/2014 2013 Spring, TX (h) 277 1,132 — 1,409 154 9/30/2013 2013 Springfield, IL (h) 205 934 — 1,139 105 9/17/2014 2014 Springfield, NE (h) 172 864 — 1,036 108 5/12/2014 2014 Springfield, OH (h) 125 1,000 — 1,125 142 9/27/2013 2013 St. Louis, MO (h) 229 1,102 — 1,331 148 12/31/2013 2013 St. Louis, MO (h) 240 1,118 — 1,358 148 1/15/2014 2013 Superior, NE (h) 230 917 — 1,147 127 11/26/2013 2013 Temple, GA (h) 200 917 — 1,117 139 5/15/2013 2013 Theodore, AL (h) 248 763 — 1,011 118 5/15/2013 2013 Thibodaux, LA (h) 211 1,083 — 1,294 153 9/27/2013 2013 Toney, AL — 86 792 — 878 137 3/21/2013 2012 Topeka, KS (h) 159 873 — 1,032 93 2/25/2015 2014 Urbana, OH (h) 133 1,051 — 1,184 132 5/29/2014 2013 Volga, SD (h) 51 784 — 835 92 9/5/2014 2014 Wagener, SC (h) 477 1,169 — 1,646 128 9/16/2014 2014 Wakefield, KS (h) 78 929 — 1,007 133 9/30/2013 2013 Waterloo, IA (h) 330 908 — 1,238 101 11/5/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Dollar General (continued): Weslaco, TX (h) $ 141 $ 848 $ — $ 989 $ 98 9/5/2014 2014 Weston, MO (h) 117 1,012 — 1,129 148 7/17/2013 2013 Wetumpka, AL (h) 290 779 — 1,069 99 5/29/2014 2014 Whitehouse, OH (h) 134 1,144 — 1,278 153 10/18/2013 2013 Whitwell, TN $ — 159 1,035 — 1,194 190 11/30/2012 2012 Wilmer, AL (h) 99 775 — 874 114 8/5/2013 2013 Winsted, MN (h) 152 841 — 993 105 9/29/2014 2014 Wisner, NE (h) 37 773 — 810 97 5/12/2014 2014 Woodville, OH — 169 1,009 — 1,178 169 2/8/2013 2013 Yatesville, GA — 120 797 — 917 138 3/25/2013 2013 Dollar Tree/Petco: Humble, TX (h) 720 2,543 — 3,263 403 2/11/2013 2011 Earth Fare: Huntersville, NC 3,183 1,439 2,973 — 4,412 488 2/28/2013 2011 East Manchester Village Center: Manchester, PA 8,300 2,517 12,672 183 15,372 1,773 12/19/2013 2009 East West Commons: Austell, GA 13,000 10,094 16,034 3,844 29,972 2,251 9/30/2014 2002 Emerald Place: Greenwood, SC 6,250 2,042 9,942 — 11,984 1,471 6/28/2013 2012 Evergreen Marketplace: Evergreen Park, IL (h) 2,823 6,239 — 9,062 1,079 9/6/2013 2013 Family Center: Riverdale, UT (h) 21,716 29,454 (709 ) 50,461 4,391 2/28/2014 2008 Family Dollar: Adelanto, GA (h) 463 1,711 — 2,174 185 11/14/2014 2014 Aguila, AZ (h) 129 1,290 — 1,419 128 2/13/2015 2014 Albany, GA — 347 925 — 1,272 101 11/7/2014 2014 Apple Springs, TX — 91 804 — 895 89 11/14/2014 2014 Arkadelphia, AR (h) 113 738 — 851 75 2/12/2015 2014 Auburn, ME (h) 217 1,261 — 1,478 140 4/15/2015 2014 Bagley, MN (h) 95 1,114 — 1,209 142 6/27/2014 2014 Benavides, TX (h) 27 1,065 — 1,092 148 2/26/2014 2013 Berry, AL — 122 880 — 1,002 98 11/14/2014 2014 Bessemer, AL (h) 201 1,043 — 1,244 140 12/27/2013 2013 Broadway, VA — 213 1,153 — 1,366 132 11/7/2014 2014 Birmingham, AL (h) 500 831 — 1,331 114 12/27/2013 2013 Brooksville, FL (h) 206 791 — 997 107 12/18/2013 2013 Cascade, ID (h) 267 1,147 — 1,414 140 2/4/2014 2013 Cass Lake, MN (h) 157 1,107 — 1,264 141 6/27/2014 2013 Cathedral City, CA (h) 658 1,908 — 2,566 215 9/19/2014 2014 Charlotte, TX (h) 118 970 — 1,088 136 2/26/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Family Dollar (continued): Cheyenne, WY (h) $ 148 $ 986 $ — $ 1,134 $ 124 4/23/2014 2014 Coachella, CA (h) 450 1,634 — 2,084 208 2/19/2014 2013 Colmesneil, TX (h) 172 858 — 1,030 105 2/4/2014 2013 Comanche, TX (h) 176 1,145 — 1,321 133 8/6/2014 2014 Cordes Lakes, AZ (h) 380 1,421 — 1,801 156 9/19/2014 2014 Davenport, FL (h) 298 964 — 1,262 104 12/5/2014 2014 Davenport, IA (h) 167 918 — 1,085 101 11/25/2014 2014 Dawson, TX $ — 41 799 — 840 89 11/14/2014 2014 Deadwood, SD (h) 132 1,139 — 1,271 128 9/18/2014 2014 Des Moines, IA (h) 290 1,126 — 1,416 123 11/25/2014 2014 East Millinocket, ME (h) 161 1,004 — 1,165 121 2/26/2015 2014 Eden, TX (h) 82 903 — 985 118 2/26/2014 2013 Elizabethtown, NY (h) 107 671 — 778 83 1/31/2014 2008 Eloy, AZ (h) 86 1,587 — 1,673 170 10/24/2014 2014 Empire, CA (h) 239 1,527 — 1,766 181 6/27/2014 2014 Erwinville, LA (h) 146 765 — 911 76 7/7/2015 2015 Evans, CO (h) 201 817 — 1,018 91 9/29/2014 2014 Findlay, OH (h) 326 1,271 — 1,597 173 2/26/2014 2013 Ft. Lauderdale, FL (h) 443 1,361 — 1,804 175 12/18/2013 2013 Fort Thomas, AZ (h) 49 1,173 — 1,222 146 2/26/2014 2013 Fort Worth, TX (h) 532 1,346 — 1,878 153 9/5/2014 2014 Franklin, NH (h) 307 1,214 — 1,521 117 10/15/2015 2014 Frederica, DE (h) 392 1,164 — 1,556 113 3/6/2015 2014 Fresno, CA (h) 488 1,553 — 2,041 200 2/19/2014 2013 Garrison, TX (h) 61 1,306 — 1,367 136 12/18/2014 2014 Georgetown, KY (h) 607 905 — 1,512 101 11/21/2014 2014 Gering, NE (h) 244 913 — 1,157 106 9/26/2014 2014 Greene, ME (h) 251 940 — 1,191 112 3/25/2015 2014 Greenwood, WI (h) 154 920 — 1,074 109 6/27/2014 2013 Hawkins, TX (h) 49 1,288 — 1,337 147 9/5/2014 2014 Hempstead, TX (h) 219 943 — 1,162 99 12/18/2014 2014 Hettinger, ND (h) 214 1,077 — 1,291 148 2/26/2014 2013 Hodgenville, KY (h) 202 783 — 985 91 9/19/2014 2014 Holtville, CA (h) 317 1,609 — 1,926 205 2/19/2014 2013 Homestead, FL (h) 325 1,001 — 1,326 107 12/12/2014 2014 Homosassa, FL (h) 575 1,470 — 2,045 122 12/9/2015 2014 Immokalee, FL (h) 458 1,248 — 1,706 142 11/4/2014 2014 Indio, CA (h) 393 1,636 — 2,029 194 6/25/2014 2014 Irvington, AL (h) 217 814 — 1,031 112 12/27/2013 2013 Jacksonville, FL — 134 1,157 — 1,291 126 11/7/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Family Dollar (continued): Jay, FL (h) $ 190 $ 1,002 $ — $ 1,192 $ 139 2/25/2014 2013 Jonesboro, GA (h) 297 1,098 — 1,395 143 2/14/2014 2013 Keller, TX (h) 749 1,550 — 2,299 192 4/14/2014 2014 Kersey, CO (h) 238 904 — 1,142 112 5/29/2014 2014 Kiowa, OK (h) 193 947 — 1,140 110 9/5/2014 2014 Kissimmee, FL (h) 622 1,226 — 1,848 145 8/27/2014 2014 La Salle, CO (h) 239 890 — 1,129 99 11/4/2014 2013 LaBelle, FL (h) 268 1,037 — 1,305 141 2/28/2014 2014 Lake Elsinor, CA (h) 417 1,682 — 2,099 210 3/3/2014 2013 Lakeland, FL (h) 353 937 — 1,290 116 6/30/2014 2014 Laredo, TX (h) 302 1,039 — 1,341 117 10/3/2014 2013 Levelland, TX (h) 264 952 — 1,216 110 9/30/2014 2014 Little Rock, CA (h) 499 1,730 — 2,229 176 2/19/2015 2014 Lorain, OH (h) 320 995 — 1,315 122 6/27/2014 2014 Louisville, KY (h) 578 919 — 1,497 119 3/26/2014 2013 Louisville, KY (h) 480 934 — 1,414 115 6/4/2014 2014 Mansfield, TX (h) 849 1,189 — 2,038 155 2/26/2014 2013 Melbourne, FL (h) 362 883 — 1,245 115 2/28/2014 2014 Mertzon, TX (h) 149 995 — 1,144 124 9/19/2014 2014 Mesa, AZ (h) 627 1,468 — 2,095 179 3/31/2014 2014 Miami, FL (h) 584 1,490 — 2,074 144 2/25/2015 2014 Milo, ME (h) 138 1,122 — 1,260 130 3/19/2015 2014 Monroe, UT $ — 272 985 — 1,257 110 10/24/2014 2013 Moore Haven, FL (h) 348 1,016 — 1,364 132 5/29/2014 2014 Moulton, TX (h) 102 973 — 1,075 136 2/26/2014 2014 Naubinway, MI (h) 47 1,180 — 1,227 144 2/4/2014 2013 New Summerfield, TX (h) 230 851 — 1,081 104 6/6/2014 2014 Nicholasville, KY (h) 464 826 — 1,290 107 3/26/2014 2013 North Charleston, SC — 386 997 — 1,383 109 11/14/2014 2014 Omaha, NE (h) 86 1,427 — 1,513 143 3/2/2015 2014 Ordway, CO (h) 81 993 — 1,074 112 10/30/2014 2014 Oshkosh, WI (h) 361 815 — 1,176 107 2/25/2014 2013 Ossineke, MI (h) 85 898 — 983 108 3/14/2014 2014 Palmdale, CA (h) 372 1,822 — 2,194 180 3/30/2015 2014 Penitas, TX (h) 182 1,053 — 1,235 135 3/26/2014 2014 Pensacola, FL (h) 509 791 — 1,300 104 3/27/2014 2014 Pine Lake, GA (h) 639 897 — 1,536 108 8/26/2014 2014 Pittsfield, ME (h) 334 1,258 — 1,592 130 8/12/2015 2014 Plainview, NE (h) 112 774 — 886 100 4/25/2014 2014 Poinciana, FL (h) 501 1,186 — 1,687 135 9/19/2014 2014 Pojoaque, NM (h) 545 909 41 1,495 105 8/25/2014 2013 Posen, MI (h) 101 896 — 997 107 3/14/2014 2014 Preston, MN (h) 161 1,159 — 1,320 147 6/27/2014 2014 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Family Dollar (continued): Punta Gorda, FL (h) $ 345 $ 1,018 $ — $ 1,363 $ 83 12/17/2015 2014 Radium Springs, NM (h) 129 1,086 — 1,215 141 2/26/2014 2013 Ramah, NM (h) 217 1,105 — 1,322 135 2/4/2014 2013 Rex, GA $ — 294 1,393 — 1,687 151 11/7/2014 2014 Richmond, ME (h) 252 1,026 — 1,278 120 3/25/2015 2014 Riverside, CA (h) 736 1,558 — 2,294 192 4/4/2014 2014 Robert Lee, TX (h) 94 904 — 998 118 2/26/2014 2014 Rushford, MN (h) 163 844 — 1,007 112 6/27/2014 2014 Saginaw, MI (h) 240 956 — 1,196 108 10/30/2014 2014 San Antonio, TX — 421 951 — 1,372 113 11/14/2014 2014 San Jacinto, CA (h) 430 1,682 — 2,112 195 7/18/2014 2014 Schuyler, NE (h) 260 708 — 968 90 5/5/2014 2014 Shreveport, LA (h) 406 978 — 1,384 121 5/29/2014 2014 Shreveport, LA (h) 272 1,113 — 1,385 132 7/22/2014 2014 Shreveport, LA (h) 423 1,099 — 1,522 122 10/8/2014 2014 South Paris, ME (h) 173 1,240 — 1,413 144 2/25/2015 2014 Spring Hill, FL (h) 278 1,249 — 1,527 100 12/4/2015 2015 Spurger, TX (h) 86 905 — 991 106 9/18/2014 2014 Statesboro, GA (h) 347 800 — 1,147 107 2/14/2014 2013 Sterling City, TX (h) 78 889 — 967 117 2/26/2014 2013 Stockton, CA (h) 202 1,817 — 2,019 203 9/19/2014 2014 Taft, CA (h) 255 1,422 — 1,677 200 8/23/2013 2013 Tampa, FL (h) 563 737 — 1,300 101 12/18/2013 2013 Tampa, FL (h) 482 920 — 1,402 124 12/18/2013 2013 Tampa, FL (h) 568 1,137 — 1,705 141 7/2/2014 2014 Terra Bella, CA (h) 332 1,394 — 1,726 178 2/19/2014 2013 Topeka, KS (h) 419 1,327 — 1,746 165 4/17/2014 2014 Tucson, AZ (h) 399 1,599 — 1,998 166 1/27/2015 2014 Tyler, MN (h) 73 895 — 968 117 6/27/2014 2014 Tuscaloosa, AL (h) 534 817 — 1,351 113 12/27/2013 2013 Valdosta, GA (h) 424 849 — 1,273 111 2/26/2014 2014 Vine Grove, KY (h) 205 966 — 1,171 101 2/13/2015 2014 Waelder, TX (h) 136 788 — 924 98 6/4/2014 2014 Waldoboro, ME (h) 211 1,123 — 1,334 103 1/13/2016 2015 Wayne, OK (h) 37 937 — 974 115 6/27/2014 2014 Wild Rose, WI (h) 133 866 — 999 103 6/27/2014 2013 Fleet Pride: Birmingham, AL (h) 376 2,607 — 2,983 311 8/3/2015 2014 Flower Foods: Orlando, FL (h) 418 387 — 805 44 9/11/2014 2013 Waldorf, MD (h) 398 1,045 — 1,443 132 9/11/2014 2013 Food 4 Less: Atwater, CA (h) 1,383 5,271 4 6,658 769 11/27/2013 2002 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Fountain Square: Brookfield, WI $ — $ 6,508 $ 28,634 $ — $ 35,142 $ 1,827 1/17/2017 2006 Fourth Creek Landing: Statesville, NC 5,700 1,375 7,795 — 9,170 1,543 3/26/2013 2012 Fresenius Medical Care: West Plains, MI (h) 557 3,097 — 3,654 359 7/2/2014 2014 Fresh Market Center: Glen Ellyn, IL 4,750 2,767 6,403 (1,863 ) 7,307 — 9/30/2014 2014 Fresh Thyme: Indianapolis, IN (h) 1,087 6,019 — 7,106 738 10/31/2014 2014 Northville, MI (h) 1,598 7,796 — 9,394 660 12/21/2015 2015 Fresh Thyme & DSW: Fort Wayne, IN — 1,740 4,153 612 6,505 550 9/30/2014 1985 Gabe’s Hobby Lobby: Harrisonburg, VA (h) 2,796 7,637 — 10,433 546 9/19/2016 1972 Giant Eagle: Seven Fields, PA 7,530 1,574 13,659 — 15,233 1,637 5/7/2014 2005 Gold's Gym: Corpus Christi, TX (h) 1,498 6,346 — 7,844 996 3/6/2013 2006 Golden Corral: Garland, TX (h) 1,255 2,435 — 3,690 414 9/21/2012 2012 Houston, TX (h) 1,375 2,350 — 3,725 388 12/12/2012 2012 Victoria, TX (h) 673 2,857 — 3,530 330 6/27/2014 2013 Goodyear: Pooler, GA (h) 569 1,484 — 2,053 238 6/18/2013 2008 Harbor Town Center: Manitowoc, WI 9,750 3,568 13,209 (1,884 ) 14,893 — 4/24/2015 2005 Harps Foods: Gentry, AR — 224 2,680 — 2,904 104 10/12/2017 1994 Green Forest, AR — 96 3,163 — 3,259 98 12/14/2017 2017 Lincoln, AR — 329 3,668 — 3,997 159 7/6/2017 2017 Noel, MO — 78 885 — 963 34 9/7/2017 2014 Pocahontas, AR — 557 3,379 — 3,936 174 4/13/2017 2016 Vilonia, AR — 406 4,028 — 4,434 204 3/20/2017 2016 Haverty Furniture: Midland, TX (h) 709 1,294 — 2,003 280 8/7/2013 2012 HEB Center: Waxahachie, TX 7,000 3,465 7,952 273 11,690 1,401 6/27/2012 1997 Hickory Flat Commons: Canton, GA 9,850 4,482 13,174 164 17,820 2,221 12/18/2012 2008 Initial Costs to Company Gross Amount at Buildings, Total Which Carried Accumulated Fixtures and Adjustment At December 31, 2018 Depreciation Date Date Description (a) Encumbrances Land Improvements to Basis (b) (c) (d) (e) (e) (f) (g) Acquired Constructed Hobby Lobby: Burlington, IA (h) $ 629 $ 1,890 $ — $ 2,519 $ 176 7/30/2015 1988 Dickson City, PA $ — 1,113 7,946 (1,728 ) 7,331 166 6/30/2014 2013 Lewisville, TX (h) 2,184 8,977 — 11,161 1,264 11/26/2013 2013 Mooresville, NC (h) 869 4,249 — 5,118 907 11/30/2012 2012 Home Depot: Lincoln, NE (h) 6,339 5,937 — 12,276 513 10/22/2015 1993 North Canton, OH 7,234 2,203 12,012 — 14,215 1,958 12/20/2012 1998 Plainwell, MI (h) 521 11,905 — 12,426 1,705 5/16/2013 2002 IHOP: Rio Rancho, NM (h) 599 2,314 — 2,913 277 3/28/2014 2011 Inglewood Plaza: Inglewood, CA 12,700 9,880 14,099 — 23,979 1,638 9/12/2014 2008 Jewel-Osco Plainfield, IL (h) 2,107 9,044 — 11,151 34 11/14/2018 2001 Kirklands: Dothan, AL (h) 486 946 — 1,432 145 8/5/2014 2014 Jonesboro, AR (h) 696 1,990 — 2,686 305 11/27/2012 2012 Kohl’s: Cedar Falls, IA (h) 1,600 5,796 406 7,802 949 12/7/2012 2001 Chartlottesville, VA 8,745 3,929 12,280 —

Schedule IV - Mortgage Loans He

Schedule IV - Mortgage Loans Held On Real Estate Schedule IV - Mortgage Loans Held On Real Estate	12 Months Ended
	Dec. 31, 2018
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
Schedule IV - Mortgage Loans on Real Estate	Principal Amount of Loans Subject Final Periodic Face Carrying to Delinquent Interest Maturity Payment Prior Amount of Amount of Principal or Description Rate (a) Date Terms (b) Liens Mortgages Mortgages "Interest" Junior Mezzanine Loans: Astor — New York, New York L + 14.85% 5/9/2021 P/I N/A $ 38,756 $ 38,915 $ — 88 Lex — New York, New York L + 14.85% 5/9/2021 P/I N/A 24,961 25,102 — 90 Lex — New York, New York L + 14.85% 5/9/2021 P/I N/A 15,440 15,523 — Metro — New York, New York L + 14.85% 5/9/2021 P/I N/A 10,138 10,222 — $ 89,295 $ 89,762 $ — ____________________________________ (a) L = one month LIBOR rate. (b) P/I = principal and interest. The following table reconciles mortgage loans on real estate for the years ended December 31 (in thousands): Year Ended December 31, 2018 Balance, beginning of period $ — Additions during period: New loans 89,295 Capitalized interest 384 Accretion of fees and other items 268 Total additions $ 89,947 Less: Deductions during period: Deferred fees and other items (185 ) Total deductions (185 ) Balance, end of period $ 89,762

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Accounting	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s consolidated financial statements. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”), in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries and the Consolidated Joint Venture in which the Company has a controlling financial interest. All intercompany balances and transactions have been eliminated in consolidation. The Company evaluates its relationships and investments to determine if it has variable interests. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns. If the Company determines that it has a variable interest in an entity, it evaluates whether such interest is in a variable interest entity (“VIE”). VIEs are entities where investors lack sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or where equity investors, as a group, lack one of the following characteristics: (a) the power to direct the activities that most significantly impact the entity’s economic performance, (b) the obligation to absorb the expected losses of the entity, or (c) the right to receive the expected returns of the entity. The Company consolidates any VIEs when it is determined to be the primary beneficiary of the VIE’s operations. For legal entities being evaluated for consolidation, the Company must first determine whether the interests that it holds and fees it receives qualify as variable interests in the entity. A variable interest is an investment or other interest that will absorb portions of an entity’s expected losses or receive portions of the entity’s expected residual returns. The Company’s evaluation includes consideration of fees paid to the Company where the Company acts as a decision maker or service provider to the entity being evaluated. If the Company determines that it holds a variable interest in an entity, it evaluates whether that entity is a VIE. A VIE must be consolidated by its primary beneficiary, which is generally defined as the party who has a controlling financial interest in the VIE. The Company qualitatively assesses whether it is (or is not) the primary beneficiary of a VIE. Consideration of various factors include, but are not limited to, the Company’s ability to direct the activities that most significantly impact the entity’s economic performance and its obligation to absorb losses from or right to receive benefits of the VIE that could potentially be significant to the VIE. The Company consolidates any VIEs when the Company is determined to be the primary beneficiary of the VIE and the difference between consolidating the VIE and accounting for it using the equity method could be material to the Company’s consolidated financial statements. The Company continually evaluates the need to consolidate any VIEs based on standards set forth in GAAP as described above. As of December 31, 2018 and 2017 , the Company determined that it had a controlling interest in the Consolidated Joint Venture and therefore met the GAAP requirements for consolidation.
Reclassifications	Reclassifications In November 2018, the SEC finalized the Disclosure Update Simplification Project, which eliminated Rule 3-15(a)(1) reporting of Gain or Loss on Sale of Properties by REITs. To conform with Accounting Standards Codification (“ASC”) 360, Property, Plant, and Equipment and the SEC rule change, the Company has classified the gain on dispositions of real estate assets, net in operating income in the Company’s consolidated statements of operations. This change resulted in an increase in operating income of $17.0 million and $2.9 million during the years ended December 31, 2017 and 2016, respectively. The Company adopted ASU 2017-12, as defined in “Recent Accounting Pronouncements,” during the first quarter of fiscal year 2018. Accordingly, for the year ended December 31, 2018, the Company recorded a cumulative-effect adjustment related to eliminating the separate measurement of ineffectiveness to accumulated other comprehensive income with a corresponding adjustment to the opening balance of accumulated distributions in excess of earnings of $488,000 .
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make 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 period. Actual results could differ from those estimates.
Real Estate Assets, Recoverability of Real Estate Assets, Assets Held for Sale, and Dispositions of Real Estate Assets	Real Estate Assets Real estate assets are stated at cost, less accumulated depreciation and amortization. The Company considers the period of future benefit of each respective asset to determine the appropriate useful life. The estimated useful lives of the Company’s real estate assets by class are generally as follows: Buildings 40 years Site improvements 15 years Tenant improvements Lesser of useful life or lease term Intangible lease assets Lease term Recoverability of Real Estate Assets The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate assets may not be recoverable. Impairment indicators that the Company considers include, but are not limited to: bankruptcy or other credit concerns of a property’s major tenant, such as a history of late payments, rental concessions and other factors; a significant decrease in a property’s revenues due to lease terminations; vacancies; co-tenancy clauses; reduced lease rates; changes in anticipated holding periods; or other circumstances. When indicators of potential impairment are present, the Company assesses the recoverability of the assets by determining whether the carrying amount of the assets will be recovered through the undiscounted future cash flows expected from the use of the assets and their eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying amount, the Company will adjust the real estate assets to their respective fair values and recognize an impairment loss. Generally, fair value is determined using a discounted cash flow analysis and recent comparable sales transactions. During the year ended December 31, 2018 , as part of the Company’s quarterly impairment review procedures, the Company recorded impairment charges of $33.0 million related to 20 properties with revised expected holding periods and two properties with vacancies. The Company’s assessment of impairment as of December 31, 2018 was based on the most current information available to the Company, including expected holding periods. If the Company’s expected holding period for assets change, subsequent tests for impairment could result in additional impairment charges in the future. The Company can provide no assurance that material impairment charges with respect to the Company’s real estate assets will not occur in 2019 or future periods. During the year ended December 31, 2017 , the Company recorded impairment charges of $2.9 million related to four properties as a result of delinquent rental payments and two tenants who had previously filed for bankruptcy. During the year ended December 31, 2016 , two tenants filed for bankruptcy, and collectively, these tenants occupied 100% of three of the Company’s properties. The Company recorded impairment charges of $6.7 million related to the three properties during the year ended December 31, 2016 . The assumptions and uncertainties utilized in the evaluation of the impairment of real estate assets are discussed in detail in Note 3 — Fair Value Measurements. See also Note 4 — Real Estate Assets for further discussion regarding real estate investment activity. Over the next 12-24 months, the Company expects to sell a portion of its anchored shopping center portfolio and certain single tenant properties. These will be sold in pools or on a standalone basis. As of December 31, 2018 , the Company intended to sell properties with a net book value of at least $2.0 billion , subject to market conditions. Assets Held for Sale When a real estate asset is identified by the Company as held for sale, the Company will cease recording depreciation and amortization of the assets related to the property and estimate its fair value, net of selling costs. If, in management’s opinion, the fair value, net of selling costs, of the asset is less than the carrying amount of the asset, an adjustment to the carrying amount is then recorded to reflect the estimated fair value of the property, net of selling costs. As of December 31, 2018 , the Company identified one property with a carrying value of $6.8 million as held for sale, which was sold subsequent to December 31, 2018 , as discussed in Note 17 — Subsequent Events. There were no assets identified as held for sale as of December 31, 2017 . Disposition of Real Estate Assets Gains and losses from dispositions are recognized once the various criteria relating to the terms of sale and any subsequent involvement by the Company with the asset sold are met. A discontinued operation includes only the disposal of a component of an entity and represents a strategic shift that has (or will have) a major effect on an entity’s financial results. The disposition of the Company’s individual properties did not qualify for discontinued operations presentation, and thus, the results of the properties that have been sold remain in operating income, and any associated gains or losses from the disposition are included in gain on disposition of real estate, net.
Allocation of Purchase Price of Real Estate Assets	Allocation of Purchase Price of Real Estate Assets Upon the acquisition of real properties, the Company allocates the purchase price to acquired tangible assets, consisting of land, buildings and improvements, and to identified intangible assets and liabilities, consisting of the value of above- and below-market leases and the value of in-place leases and other intangibles, based in each case on their respective fair values. The Company utilizes independent appraisals to assist in the determination of the fair values of the tangible assets of an acquired property (which includes land and buildings). The information in the appraisal, along with any additional information available to the Company’s management, is used in estimating the amount of the purchase price that is allocated to land. Other information in the appraisal, such as building value and market rents, may be used by the Company’s management in estimating the allocation of purchase price to the building and to intangible lease assets and liabilities. The appraisal firm has no involvement in management’s allocation decisions other than providing this market information. The fair values of above- and below-market lease intangibles are recorded based on the present value (using a discount rate which reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) an estimate of fair market lease rates for the corresponding in-place leases, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease including, for below-market leases, any bargain renewal periods. The above- and below-market lease intangibles are capitalized as intangible lease assets or liabilities, respectively. Above-market leases are amortized as a reduction to rental income over the remaining terms of the respective leases. Below-market leases are amortized as an increase to rental income over the remaining terms of the respective leases, including any bargain renewal periods. In considering whether or not the Company expects a tenant to execute a bargain renewal option, the Company evaluates economic factors and certain qualitative factors at the time of acquisition, such as the financial strength of the tenant, the remaining lease term, the tenant mix of the leased property, the Company’s relationship with the tenant and the availability of competing tenant space. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above- or below-market lease intangibles relating to that lease would be recorded as an adjustment to rental income. The fair values of in-place leases include estimates of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rental and other property income, which are avoided by acquiring a property with an in-place lease. Direct costs associated with obtaining a new tenant include leasing commissions, legal and other related expenses and are estimated in part by utilizing information obtained from independent appraisals and management’s consideration of current market costs to execute a similar lease. The intangible values of opportunity costs, which are calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease, are capitalized as intangible lease assets and are amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed. The Company has acquired, and may continue to acquire, certain properties subject to contingent consideration arrangements that may obligate the Company to pay additional consideration to the seller based on the outcome of future events (the “Contingent Payments”). Additionally, the Company may acquire certain properties for which it funds certain contingent consideration amounts into an escrow account pending the outcome of certain future events. The outcome may result in the release of all or a portion of the escrowed funds to the Company or the seller or a combination thereof. Prior to the adoption of ASU 2017-01 (as defined below) in April 2017, contingent consideration arrangements, including amounts funded through an escrow account, were recorded upon acquisition of the respective property at their estimated fair value, and any changes to the estimated fair value subsequent to acquisition were reflected in the accompanying consolidated statements of operations in acquisition-related fees and expenses. Upon adoption of ASU 2017-01 in April 2017, contingent consideration arrangements for asset acquisitions are recognized when the contingency is resolved. The determination of the amount of contingent consideration arrangements is based on the probability of several possible outcomes as identified by management. The Company estimates the fair value of assumed mortgage notes payable based upon indications of current market pricing for similar types of debt financing with similar maturities. Assumed mortgage notes payable are initially recorded at their estimated fair value as of the assumption date, and any difference between such estimated fair value and the mortgage note’s outstanding principal balance is amortized or accreted to interest expense over the term of the respective mortgage note payable. The determination of the fair values of the real estate assets and liabilities acquired requires the use of significant assumptions with regard to the current market rental rates, rental growth rates, capitalization and discount rates, interest rates and other variables. The use of alternative estimates may result in a different allocation of the Company’s purchase price, which could materially impact the Company’s results of operations. In April 2017, the Company elected to early adopt Accounting Standards Update (“ASU”) No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (“ASU 2017-01”), which clarifies the definition of a business by adding guidance to assist entities in evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Beginning in April 2017, all real estate acquisitions qualified as asset acquisitions, and as such, acquisition-related fees and certain acquisition-related expenses related to these asset acquisitions are now capitalized and allocated to tangible and intangible assets and liabilities as described above. Other acquisition-related expenses, such as advisor reimbursements, continue to be expensed as incurred and are included in transaction-related expenses on the accompanying consolidated statements of operations. Prior to the adoption of ASU 2017-01 in April 2017, all of the Company’s real estate acquisitions were accounted for as business combinations and, as such, acquisition-related expenses related to these business combination acquisitions were expensed as incurred. Prior to April 2017, acquisition-related expenses included within transaction-related expenses in the Company’s consolidated statements of operations primarily consisted of legal, deed transfer and other costs related to real estate purchase transactions, including costs incurred for deals that were not consummated. The Company expects its future acquisitions to qualify as asset acquisitions and, as such, the Company will allocate the purchase price to acquired tangible assets and identified intangible assets and liabilities on a relative fair value basis.
Redeemable Noncontrolling Interest in Consolidated Joint Venture	Redeemable Noncontrolling Interest in Consolidated Joint Venture On June 27, 2014 , the Company completed the formation of the Consolidated Joint Venture. Pursuant to the joint venture agreement, the joint venture partner has a right to exercise an option (the “Option”), which became effective on June 27, 2016, whereby the Company will be required to purchase the ownership interest of the joint venture partner at fair market value. As of December 31, 2018 , the Option has not been exercised. The Company determined it had a controlling interest in the Consolidated Joint Venture and, therefore, met the GAAP requirements for consolidation. The Company recorded net income of $134,000 and paid distributions of $279,000 related to the noncontrolling interest during the year ended December 31, 2018 . The Company recorded the noncontrolling interest of $2.3 million and $2.4 million as of December 31, 2018 and December 31, 2017 , respectively, as temporary equity in the mezzanine section of the consolidated balance sheets, due to the ability to exercise the Option being outside the control of the Company.
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include cash in bank accounts, as well as investments in highly-liquid money market funds. The Company deposits cash with several high quality financial institutions. These deposits are guaranteed by the Federal Deposit Insurance Company (“FDIC”) up to an insurance limit of $250,000. At times, the Company’s cash and cash equivalents may exceed federally insured levels. Although the Company bears risk on amounts in excess of those insured by the FDIC, it has not experienced and does not anticipate any losses due to the high quality of the institutions where the deposits are held.
Loans Held-for-Investment	Loans Held-for-Investment The Company has acquired, and may continue to acquire loans related to real estate assets. The Company may acquire first, second and third mortgage loans, mezzanine loans, bridge loans, wraparound mortgage loans, construction mortgage loans on real property and loans on leasehold interest mortgages. The Company intends to hold the loans held-for-investment for the foreseeable future or until maturity. Loans held-for-investment are carried on the Company’s consolidated balance sheets at amortized cost, net of any allowance for loans receivable losses. Discounts or premiums and origination fees are amortized as a component of interest income using the effective interest method over the life of the respective loans. Loan acquisition fees paid to CR IV Management or its affiliates are expensed as incurred and are included in transaction-related expenses on the accompanying consolidated statements of operations. Generally, an allowance for loan losses is provided when management determines that the Company will be unable to collect any remaining amounts due under the loan agreement. The Company evaluates the collectability of its loans held-for-investment at least quarterly. The evaluation of collectability involves judgment, estimates, and a review of the ability of the borrower to make principal and interest payments and the underlying collateral.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs represent commitment fees, legal fees and other costs associated with obtaining commitments for financing. These costs are amortized to interest expense over the terms of the respective financing agreements using the effective interest method. Unamortized deferred financing costs are written off when the associated debt is refinanced or repaid before maturity. The presentation of all deferred financing costs, other than those associated with the revolving loan portion of the credit facility, are classified such that the debt issuance costs related to a recognized debt liability are presented on the consolidated balance sheets as a direct deduction from the carrying amount of the related debt liability rather than as an asset. Debt issuance costs related to securing a revolving line of credit are presented as an asset and amortized ratably over the term of the line of credit arrangement. As such, the Company’s current and corresponding prior period total deferred costs, net in the accompanying consolidated balance sheets relate only to the revolving loan portion of the credit facility and the historical presentation, amortization and treatment of unamortized costs are still applicable. As of December 31, 2018 and 2017 , the Company had $2.1 million and $3.0 million , respectively, of deferred financing costs, net of accumulated amortization, related to the revolving loan portion of the credit facility. Costs incurred in seeking financing transactions that do not close are expensed in the period in which it is determined the financing will not close.
Due to Affiliates	Due to Affiliates CR IV Management, and certain of its affiliates, received and will continue to receive, fees, reimbursements and compensation in connection with services provided relating to the Offerings and the acquisition, management, financing and leasing of the properties of the Company.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company accounts for its derivative instruments at fair value. Accounting for changes in the fair value of a derivative instrument depends on the intended use of the derivative instrument and the designation of the derivative instrument. The change in fair value of the derivative instrument that is designated as a hedge is recorded as other comprehensive income. The changes in fair value for derivative instruments that are not designated as hedges or that do not meet the hedge accounting criteria are recorded as a gain or loss to operations.
Redeemable Common Stock	Redeemable Common Stock Under the Company’s share redemption program, the Company’s obligation to redeem shares of its outstanding common stock is limited, among other things, to the net proceeds received by the Company from the sale of shares under the DRIP, net of shares redeemed to date. The Company records the maximum amount that is redeemable under the share redemption program as redeemable common stock outside of permanent equity in its consolidated balance sheets. Changes in the amount of redeemable common stock from period to period are recorded as an adjustment to capital in excess of par value.
Revenue Recognition	Revenue Recognition Revenue from leasing activities Certain properties have leases where minimum rental payments increase during the term of the lease. The Company records rental income for the full term of each lease on a straight-line basis when earned and collectability is reasonably assured. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purpose of this calculation. The Company defers the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. Expected reimbursements from tenants for recoverable real estate taxes and operating expenses are included in tenant reimbursement income in the period when such costs are incurred. Effective January 1, 2018, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), which supersedes the revenue recognition requirements in Revenue Recognition, Accounting Standards Codification Topic 605 and requires an entity to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company records revenue for real estate taxes and insurance reimbursed by its tenants on the leased properties, with offsetting expenses in real estate taxes and property operating expenses, respectively, within the consolidated statements of operations as the Company has concluded it is the primary obligor. The Company has identified its revenue streams as rental income from leasing arrangements and tenant reimbursement income, which are outside of the scope of Topic 606. The Company adopted ASU 2014-09 using the modified retrospective approach and determined it did not have a material impact on the Company’s consolidated financial statements. The Company continually reviews receivables related to rent, including any straight-line rent, and current and future operating expense reimbursements from tenants, and determines their collectability by taking into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of a receivable is uncertain, the Company will record an increase in the allowance for uncollectible accounts. As of December 31, 2018 and December 31, 2017 , the Company had an allowance for uncollectible accounts of $931,000 and $1.5 million , respectively. Revenue from lending activities Interest income is comprised of interest earned on loans and the accretion and amortization of net loan origination fees and discounts. Interest income on loans is accrued as earned.
Income Taxes	Income Taxes The Company elected to be taxed, and currently qualifies, as a REIT for federal income tax purposes under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, commencing with the taxable year ended December 31, 2012. The Company will generally not be subject to federal corporate income tax to the extent it distributes its taxable income to its stockholders, and so long as it, among other things, distributes at least 90% of its annual taxable income (computed without regard to the dividends paid deduction and excluding net capital gains). REITs are subject to a number of other organizational and operational requirements. Even if the Company maintains its qualification for taxation as a REIT, it or its subsidiaries may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income.
Earnings (Loss) Per Share	Earnings (Loss) and Distributions Per Share Earnings (loss) per share are calculated based on the weighted average number of common shares outstanding during each period presented. Diluted income (loss) per share considers the effect of any potentially dilutive share equivalents, of which the Company had none for each of the years ended December 31, 2018 , 2017 or 2016 .
Distributions Per Share	Distributions per share are calculated based on the authorized daily distribution rate.
Reportable Segment	Reportable Segment The Company’s commercial real estate assets consist of income-producing necessity retail properties that are primarily single-tenant or anchored shopping centers, which are leased to creditworthy tenants under long-term net leases. The commercial properties are geographically diversified throughout the United States and have similar economic characteristics. The Company’s management evaluates operating performance on an overall portfolio level; therefore, the Company’s properties are one reportable segment.
Recent Accounting Pronouncements	Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by various standard setting bodies that may have an impact on the Company’s accounting and reporting. Except as otherwise stated below, the Company is currently evaluating the effect that certain new accounting requirements may have on the Company’s accounting and related reporting and disclosures in the Company’s consolidated financial statements. In February 2016, the Financial Accounting Standards Board (the “FASB”) issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). The amendments in this update require that most lease obligations be recognized as a right of use asset with a corresponding liability on the balance sheet. The guidance also requires additional qualitative and quantitative disclosures to assess the amount, timing and uncertainty of cash flows arising from leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, with early adoption permitted. The FASB has subsequently issued other related ASU, which amend ASU 2016-02 to provide transition practical expedients that an entity may elect to apply and other guidance. In July 2018, the FASB issued ASU No. 2018-11, Leases: Targeted Improvements, which provides companies with an additional transition option that would permit the application of ASU 2016-02 as of the adoption date rather than to all periods presented. The Company will use this transition option upon adoption of the new standard on January 1, 2019 and use the effective date as the date of initial application. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. The Company has finalized its assessment of its inventory of leases that will be impacted by adoption of the new guidance. The Company will elect the “package of practical expedients,” which permits the Company to not reassess under the new standard prior conclusions about lease identification, lease classification and initial direct costs. The accounting for lease components will largely be unchanged from existing GAAP and the Company will elect the practical expedient to not separate non-lease components from lease components. The Company does not expect the adoption of ASU 2016-02 to have a material impact on the accounting treatment and disclosure of the Company’s net leases, which are the primary source of the Company’s revenues. The Company does not have material leases where it is the lessee. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326) (“ASU 2016-13”). ASU 2016-13 is intended to improve financial reporting requiring more timely recognition of credit losses on loans and other financial instruments that are not accounted for at fair value through net income, including loans held for investment, held-to-maturity debt securities, trade and other receivables, net investment in leases and other such commitments. ASU 2016-13 requires that financial assets measured at amortized cost be presented at the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis. The amendments in ASU 2016-13 require the Company to measure all expected credit losses based upon historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the financial assets and eliminates the “incurred loss” methodology under current GAAP. ASU 2016-13 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. Early adoption is permitted for fiscal years, and interim periods within those years, beginning after December 15, 2018. The Company is currently evaluating the impact this amendment will have on its consolidated financial statements. In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities (“ASU 2017-12”). The targeted amendments in this ASU are designed to help simplify certain aspects of hedge accounting and result in a more accurate portrayal of the economics of an entity’s risk management activities in its financial statements. ASU 2017-12 applies to the Company’s interest rate swaps designated as cash flow hedges. ASU 2017-12 requires all changes in the fair value of highly effective cash flow hedges to be recorded in accumulated other comprehensive income. Under GAAP, the ineffective portion of the change in fair value of cash flow hedges is recognized directly in earnings. This eliminates the requirement to separately measure and disclose ineffectiveness for qualifying cash flow hedges. ASU 2017-12 is effective for public entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. ASU 2017-12 is required to be adopted using a modified retrospective approach with early adoption permitted. The Company early adopted ASU 2017-12 during the first quarter of fiscal year 2018. Accordingly, during the year ended December 31, 2018 , the Company recorded a cumulative-effect adjustment related to eliminating the separate measurement of ineffectiveness to accumulated other comprehensive income with a corresponding adjustment to the opening balance of accumulated distributions in excess of earnings of $488,000 . In August 2018, the FASB issued ASU No. 2018-13, Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). This ASU amends and removes several disclosure requirements including the valuation processes for Level 3 fair value measurements. ASU 2018-13 also modifies some disclosure requirements and requires additional disclosures for changes in unrealized gains and losses included in other comprehensive income for recurring Level 3 fair value measurements and requires the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The provisions of ASU 2018-13 are effective January 1, 2020 using a prospective transition method for amendments effecting changes in unrealized gains and losses, significant unobservable inputs used to develop Level 3 fair value measurements and narrative description on uncertainty of measurements. The remaining provisions of the ASU are to be applied retrospectively, and early adoption is permitted. The Company is evaluating the impact of this ASU’s adoption, and does not believe this ASU will have a material impact on its consolidated financial statements. In October 2018, the FASB issued ASU No. 2018-16, Inclusion of the Secured Overnight Financing Rate (“SOFR”) Overnight Index Swap (“OIS”) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes (“ASU 2018-16”). The amendments in this ASU permit the use of the OIS rate based on SOFR as a U.S. benchmark interest rate for hedge accounting purposes. The SOFR is a volume-weighted median interest rate that is calculated daily based on overnight transactions from the prior day’s activity in specified segments of the U.S. Treasury repo market. It has been selected as the preferred replacement for the U.S. dollar London Interbank Offered Rate (“LIBOR”), which will be phased out by the end of 2021. ASU 2018-16 is effective for public entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. ASU 2018-16 is required to be adopted on a prospective basis for qualifying new or redesignated hedging relationships entered into on or after the date of adoption. The Company currently uses LIBOR as its benchmark interest rate in the Company’s interest rate swaps associated with the Company’s LIBOR-based variable rate borrowings. The Company has not entered into any new or redesignated hedging relationships on or after the date of adoption of ASU 2018-16; as such, the Company is currently evaluating the potential effect this new benchmark interest rate option will have on its consolidated financial statements.
Fair Value Measurements	The following describes the methods the Company uses to estimate the fair value of the Company’s financial assets and liabilities: Notes payable and credit facility — The fair value is estimated by discounting the expected cash flows based on estimated borrowing rates available to the Company as of the measurement date. Current and prior period liabilities’ carrying and fair values exclude net deferred financing costs. These financial instruments are valued using Level 2 inputs. As of December 31, 2018 , the estimated fair value of the Company’s debt was $2.46 billion , compared to the carrying value of $2.53 billion . The estimated fair value of the Company’s debt as of December 31, 2017 was $2.48 billion , compared to the carrying value of $2.49 billion . Derivative instruments — The Company’s derivative instruments are comprised of interest rate swaps. All derivative instruments are carried at fair value and are valued using Level 2 inputs. The fair value of these instruments is determined using interest rate market pricing models. In addition, credit valuation adjustments are incorporated into the fair values to account for the Company’s potential nonperformance risk and the performance risk of the respective counterparties. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by the Company and its counterparties. However, as of December 31, 2018 and 2017 , the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of the Company’s derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. Contingent consideration arrangements — The contingent consideration arrangements are carried at fair value and are valued using Level 3 inputs. The fair value of additional consideration paid in connection with the acquisition of properties subject to contingent consideration arrangements is determined based on key assumptions, including, but not limited to, rental rates, discount rates and the estimated timing and probability of successfully leasing vacant space subsequent to the Company’s acquisition of certain properties. Revenue bonds — The Company’s revenue bonds were acquired in connection with the purchase of an anchored shopping center. The bonds have a 9.0% interest rate and mature on November 1, 2044. These investments are initially recognized in derivative assets, revenue bonds, prepaid expenses and other assets on the consolidated balance sheets and are subsequently measured using amortized cost. The fair value estimates of the Company’s revenue bonds are based on assumptions that management believes market participants would use in pricing, using widely accepted valuation techniques including discounted cash flow analysis. This analysis reflects the contractual terms of the bonds, including the period to maturity, and uses unobservable market-based inputs, including discount rates ranging from 7.75% to 9.0% . As a result, the Company has determined that its revenue bonds are classified in Level 3 of the fair value hierarchy. As of December 31, 2018 , the estimated fair value of the Company’s revenue bonds was $2.0 million . The Company has these investments classified as held-to-maturity securities. The Company’s investments in revenue bonds are reviewed for impairment, including the evaluation of changes in events or circumstances that may indicate that the carrying amount of the investment may not be recoverable. Loans held-for-investment — The Company’s loans held-for-investment are recorded at cost upon origination and adjusted by net loan origination fees and discounts. The Company estimates the fair value of its loans held-for-investment by performing a present value analysis for the anticipated future cash flows using an appropriate market discount rate taking into consideration the credit risk. As a result, the Company has determined that its loans held-for-investment are classified in Level 3 of the fair value hierarchy. As of December 31, 2018 , the Company determined that the estimated fair value of its loans held-for-investment was equal to its carrying value given that the loan was originated during the fourth quarter of 2018. Other financial instruments — The Company considers the carrying values of its cash and cash equivalents, restricted cash, tenant receivables, accounts payable and accrued expenses, other liabilities, due to affiliates and distributions payable to approximate their fair values because of the short period of time between their origination and their expected realization as well as their highly-liquid nature. Due to the short-term maturities of these instruments, Level 1 inputs are utilized to estimate the fair value of these financial instruments. Considerable judgment is necessary to develop estimated fair values of financial assets and liabilities. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize, or be liable for, upon disposition of the financial assets and liabilities.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Estimated Useful Lives of Real Estate Assets By Class	The estimated useful lives of the Company’s real estate assets by class are generally as follows: Buildings 40 years Site improvements 15 years Tenant improvements Lesser of useful life or lease term Intangible lease assets Lease term

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis	In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis as of December 31, 2018 and 2017 (in thousands): Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 10,993 $ — $ 10,993 $ — Total financial assets $ 10,993 $ — $ 10,993 $ — Balance as of Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Interest rate swaps $ 7,324 $ — $ 7,324 $ — Total financial assets $ 7,324 $ — $ 7,324 $ — Financial liabilities: Interest rate swaps $ (206 ) $ — $ (206 ) $ — Total financial liabilities $ (206 ) $ — $ (206 ) $ —
Reconciliations of the Changes in Liabilities with Level 3 Inputs	The following are reconciliations of the changes in assets and liabilities with Level 3 inputs in the fair value hierarchy for the years ended December 31, 2018 and 2017 (in thousands): Revenue Bonds Beginning Balance, December 31, 2017 $ 2,067 Payments received (23 ) Ending Balance, December 31, 2018 $ 2,044 Revenue Bonds Contingent Consideration Arrangements Beginning Balance, December 31, 2016 $ — $ (337 ) Purchases, fair value adjustments and payments made: Purchases 2,081 — Fair value adjustments — 337 Payments received (14 ) — Ending Balance, December 31, 2017 $ 2,067 $ —
Summary of Impairment Charges by Asset Class	The following table presents the impairment charges by asset class recorded during the years ended December 31, 2018 , 2017 and 2016 (in thousands): Year Ended December 31, 2018 2017 2016 Asset class impaired: Land $ 6,436 $ 725 $ 1,775 Buildings, fixtures and improvements 25,299 1,734 4,678 Intangible lease assets 1,385 396 284 Intangible lease liabilities (145 ) — — Total impairment loss $ 32,975 $ 2,855 $ 6,737

Real Estate Assets (Tables)

Real Estate Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the purchase price allocation for the 2017 Asset Acquisitions purchased during the year ended December 31, 2017 (in thousands): 2017 Asset Acquisitions Land $ 32,919 Buildings, fixtures and improvements 177,682 Acquired in-place leases and other intangibles 39,257 Acquired above-market leases 3,624 Revenue bonds 2,081 Intangible lease liabilities (3,564 ) Total purchase price $ 251,999 The following table summarizes the consideration transferred for the properties purchased during the year ended December 31, 2017 (in thousands): 2017 Acquisitions Real estate assets: Purchase price of asset acquisitions $ 251,999 Purchase price of business combinations 55,386 Total purchase price of real estate assets acquired (1) $ 307,385 ____________________________________ (1) The weighted average amortization period for the 2017 Acquisitions was 16.9 years for acquired in-place leases and other intangibles, 13.6 years for acquired above-market leases and 8.5 years for acquired intangible lease liabilities. The following table summarizes the consideration transferred for the property purchased during the year ended December 31, 2018 (in thousands): 2018 Asset Acquisition Land $ 2,107 Buildings, fixtures and improvements 9,044 Acquired in-place leases and other intangibles (1) 1,392 Intangible lease liabilities (2) (638 ) Total purchase price $ 11,905 ______________________ (1) The amortization period for acquired in-place leases and other intangibles is 19.0 years. (2) The amortization period for acquired intangible lease liabilities is 19.0 years. The following table summarizes the purchase price allocations for the 2016 Acquisitions (in thousands): 2016 Acquisitions Land $ 48,317 Buildings, fixtures and improvements 149,859 Acquired in-place leases and other intangibles (1) 18,100 Acquired above-market leases (2) 3,764 Intangible lease liabilities (3) (3,388 ) Total purchase price $ 216,652 ____________________________________ (1) The weighted average amortization period for acquired in-place leases and other intangibles was 7.6 years. (2) The weighted average amortization period for acquired above-market leases was 6.0 years. (3) The weighted average amortization period for acquired intangible lease liabilities was 6.4 years. The following table summarizes the purchase price allocations for the 2017 Business Combination Acquisitions purchased during the year ended December 31, 2017 (in thousands): 2017 Business Combination Acquisitions Land $ 9,873 Buildings, fixtures and improvements 41,186 Acquired in-place leases and other intangibles 5,974 Acquired above-market leases 988 Intangible lease liabilities (2,635 ) Total purchase price $ 55,386 The following table summarizes the transaction related to the business combination, including the amounts recognized for assets acquired and liabilities assumed, as indicated (in thousands): September 22, 2016 Carrying value of the Company’s equity interest before business combination (1) $ 18,952 Fair value of amounts recognized for assets acquired and liabilities assumed: Land 4,535 Buildings, fixtures and improvements 11,826 Acquired in-place leases and other intangibles 1,296 Acquired above-market leases 1,130 Intangible lease liabilities (597 ) Other assets and liabilities 115 Total net assets 18,305 Loss recognized on equity interest remeasured to fair value $ (647 ) ____________________________________ (1) Includes $1.6 million of cash paid to the Unconsolidated Joint Venture Partner.
Business Acquisition, Pro Forma Information	The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2017 and 2016 (in thousands): Year Ended December 31, 2017 2016 Pro forma basis (unaudited): Revenue $ 424,416 $ 412,883 Net income $ 80,912 $ 71,301 The table below presents the Company’s estimated revenue and net income, on a pro forma basis, for the years ended December 31, 2016 and 2015 (in thousands): Year Ended December 31, 2016 2015 Pro forma basis (unaudited): Revenue $ 418,798 $ 389,780 Net income $ 74,052 $ 64,662

Intangible Lease Assets and L_2

Intangible Lease Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-lived Intangible Assets and Liabilities	Intangible lease assets and liabilities consisted of the following as of December 31, 2018 and 2017 (in thousands, except weighted average life remaining): As of December 31, 2018 2017 Intangible lease assets: In-place leases and other intangibles, net of accumulated amortization of $184,532 and $166,874, respectively (with a weighted average life remaining of 10.1 years and 10.5 years, respectively) $ 307,895 $ 355,683 Acquired above-market leases, net of accumulated amortization of $27,979 and $25,626, respectively (with a weighted average life remaining of 8.4 years and 8.7 years, respectively) 34,462 41,747 Total intangible lease assets, net $ 342,357 $ 397,430 Intangible lease liabilities: Acquired below-market leases, net of accumulated amortization of $34,732 and $31,330, respectively (with a weighted average life remaining of 7.2 years and 7.5 years, respectively) $ 36,418 $ 45,572
Schedule of amortization expense related to the intangible lease assets	The following table summarizes the amortization related to the intangible lease assets and liabilities for the years ended December 31, 2018 , 2017 , and 2016 (in thousands): Year Ended December 31, 2018 2017 2016 In-place lease and other intangible amortization $ 45,559 $ 46,602 $ 45,944 Above-market lease amortization $ 6,740 $ 7,304 $ 6,638 Below-market lease amortization $ 8,448 $ 9,503 $ 7,821
Schedule of Finite-lived Intangible Assets, Future Amortization Expense	As of December 31, 2018 , the estimated amortization relating to the intangible lease assets and liabilities for each of the five succeeding fiscal years is as follows (in thousands): Amortization Year Ending December 31, In-Place Leases and Other Intangibles Above-Market Leases Below-Market Leases 2019 $ 37,322 $ 4,981 $ 7,316 2020 $ 35,164 $ 4,451 $ 6,501 2021 $ 31,862 $ 3,835 $ 4,398 2022 $ 29,990 $ 3,590 $ 3,710 2023 $ 26,868 $ 3,221 $ 2,899

Loans Held-For-Investment (Tabl

Loans Held-For-Investment (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	The following table details overall statistics for the Company’s loans held-for-investment as of December 31, 2018 (dollar amounts in thousands): As of December 31, 2018 Number of loans 4 Principal balance $ 89,679 Net book value $ 89,762 Weighted-average interest rate (1) 17.2 % Weighted-average maximum years to maturity (2) 2.4 ____________________________________ (1) As of December 31, 2018 , the Junior Mezzanine Loans were indexed to one-month LIBOR plus an interest rate spread of 14.85% . (2) Maximum maturity assumes all extension options are exercised by the borrower, however the Company’s loans may be repaid prior to such date. Activity relating to the Company’s loans held-for-investment portfolio was as follows (dollar amounts in thousands): Principal Balance Deferred Fees / Other Items (1) Net Book Value Beginning Balance, December 31, 2017 $ — $ — $ — Loan fundings 89,295 — 89,295 Capitalized interest (2) 384 — 384 Deferred fees and other items — (185 ) (185 ) Accretion (amortization) of fees and other items — 268 268 Ending Balance, December 31, 2018 $ 89,679 $ 83 $ 89,762 ____________________________________ (1) Other items primarily consist of purchase discounts or premiums, exit fees and deferred origination expenses. (2) Represents accrued interest on loans whose terms do not require a current cash payment of interest.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table summarizes the terms of the Company’s executed interest rate swap agreements designated as hedging instruments as of December 31, 2018 and 2017 (dollar amounts in thousands): Outstanding Notional Fair Value of Assets Balance Sheet Amount as of Interest Effective Maturity December 31, December 31, Location December 31, 2018 Rates (1) Dates Dates 2018 2017 Interest Rate Swaps Derivative assets, revenue bonds, prepaid expenses and other assets (2) $ 990,066 2.55% to 3.91% 10/1/2015 to 8/15/2018 3/1/2019 to 7/1/2021 $ 10,993 $ 7,324 ____________________________________ (1) The interest rates consist of the underlying index swapped to a fixed rate and the applicable interest rate spread as of December 31, 2018 . (2) As of December 31, 2017, two of the interest rate swaps, with an aggregate outstanding notional amount of $38.7 million , were in a liability position with an aggregate fair value balance of $206,000 and are included in deferred rental income and other liabilities in the accompanying consolidated balance sheets.

Notes Payable And Credit Faci_2

Notes Payable And Credit Facility (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Debt	The following table summarizes the debt balances as of December 31, 2018 and 2017 , and the debt activity for the year ended December 31, 2018 (in thousands): During the Year Ended December 31, 2018 Balance as of December 31, 2017 Debt Issuances and Assumptions (1) Repayments and Modifications Accretion and (Amortization) Balance as of December 31, 2018 Fixed rate debt $ 1,217,377 $ — $ (39,211 ) $ — $ 1,178,166 Variable rate debt 20,500 — — — 20,500 Credit facility 1,251,000 268,000 (188,000 ) — 1,331,000 Total debt 2,488,877 268,000 (227,211 ) — 2,529,666 Net premiums (2) 419 — — (88 ) 331 Deferred costs - credit facility (3) (8,828 ) — — 2,097 (6,731 ) Deferred costs - fixed rate debt (8,705 ) — 46 2,307 (6,352 ) Total debt, net $ 2,471,763 $ 268,000 $ (227,165 ) $ 4,316 $ 2,516,914 ____________________________________ (1) Includes deferred financing costs incurred during the period. (2) Net premiums on mortgage notes payable were recorded upon the assumption of the respective debt instruments. Amortization of these net premiums is recorded as a reduction to interest expense over the remaining term of the respective debt instruments using the effective-interest method. (3) Deferred costs relate to the term portion of the Credit Facility (as defined below).
Schedule of Maturities of Long-term Debt	The following table summarizes the scheduled aggregate principal repayments for the Company’s outstanding debt as of December 31, 2018 for each of the five succeeding fiscal years and the period thereafter (in thousands): Year Ending December 31, Principal Repayments 2019 $ 49,799 2020 318,215 2021 381,603 2022 1,092,464 2023 491,375 Thereafter 196,210 Total $ 2,529,666

Supplemental Cash Flow Disclo_2

Supplemental Cash Flow Disclosures (Tables)	12 Months Ended
	Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Supplemental cash flow disclosures for the years ended December 31, 2018 , 2017 and 2016 are as follows (in thousands): Year Ended December 31, 2018 2017 2016 Supplemental Disclosures of Non-Cash Investing and Financing Activities: Distributions declared and unpaid $ 16,518 $ 16,531 $ 16,498 Accrued capital expenditures $ 557 $ 192 $ 675 Common stock issued through distribution reinvestment plan $ 91,764 $ 101,344 $ 109,166 Change in fair value of interest rate swaps $ 3,875 $ 7,654 $ 4,335 Contingent consideration recorded upon property acquisitions $ — $ — $ 332 Consolidation of real estate joint venture $ — $ — $ 18,305 Supplemental Cash Flow Disclosures: Interest paid $ 93,424 $ 85,140 $ 74,034 Cash paid for income taxes $ 1,475 $ 1,555 $ 1,887

Related-Party Transactions and

Related-Party Transactions and Arrangements - (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The Company recorded fees and expense reimbursements as shown in the table below for services provided by CR IV Management or its affiliates related to the services described above during the periods indicated (in thousands): Year Ended December 31, 2018 2017 2016 Acquisition fees and expenses $ 2,749 $ 6,532 $ 4,960 Disposition fees $ 478 $ — $ — Advisory fees and expenses $ 43,399 $ 44,072 $ 41,926 Operating expenses $ 5,163 $ 4,494 $ 4,119

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Dividends and Distributions	The following table shows the character of the distributions the Company paid on a percentage basis for the years ended December 31, 2018 , 2017 and 2016 : Year Ended December 31, Character of Distributions: 2018 2017 2016 Ordinary dividends 52 % 51 % 53 % Nondividend distributions 48 % 42 % 46 % Capital gain distributions — % 7 % 1 % Total 100 % 100 % 100 %

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	As of December 31, 2018 , the future minimum rental income from the Company’s real estate assets under non-cancelable operating leases, assuming no exercise of renewal options for the succeeding five fiscal years and thereafter, was as follows (in thousands): Year Ending December 31, Future Minimum Rental Income 2019 $ 352,699 2020 343,991 2021 327,661 2022 311,858 2023 284,510 Thereafter 1,718,650 Total $ 3,339,369

Quarterly Results (Unaudited) (

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2018 and 2017 (in thousands, except for per share amounts). In the opinion of management, the information for the interim periods presented includes all adjustments which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period. December 31, 2018 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 109,503 $ 107,395 $ 105,705 $ 108,673 Net income (loss) $ 19,073 $ 17,825 $ 14,905 $ (14,391 ) Net income (loss) attributable to the Company $ 19,039 $ 17,792 $ 14,872 $ (14,425 ) Basic and diluted net income (loss) per common share (1) $ 0.06 $ 0.06 $ 0.05 $ (0.05 ) ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters. December 31, 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ 104,780 $ 104,504 $ 107,024 $ 107,787 Net income $ 16,251 $ 18,107 $ 29,769 $ 15,424 Net income attributable to the Company $ 16,217 $ 18,075 $ 29,736 $ 15,392 Basic and diluted net income per common share (1) $ 0.05 $ 0.06 $ 0.10 $ 0.05 ____________________________________ (1) The Company calculates net income per share based on the weighted-average number of outstanding shares of common stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.

Organization and Business (Shar

Organization and Business (Shares offering) (Details) - USD ($) $ / shares in Units, shares in Millions	12 Months Ended	83 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Mar. 26, 2019	Dec. 31, 2017	Dec. 31, 2016	Aug. 02, 2016	Dec. 19, 2013	Jan. 26, 2012
Organization and business [Line Items]
NAV per share (USD per share)	$ 8.65	$ 8.65		$ 9.37
IPO
Organization and business [Line Items]
Common stock, shares authorized								$ 2,975,000,000
Shares outstanding	348.8	348.8
Proceeds from issuance of common stock		$ 3,500,000,000
Offering costs, selling commissions, and dealer management fees		$ 306,000,000
Distribution reinvestment plan
Organization and business [Line Items]
Common stock, shares authorized				$ 600,000,000	$ 600,000,000	$ 600,000,000	$ 247,000,000
Shares outstanding	50.5	50.5
CCPT IV OP
Organization and business [Line Items]
General partner partnership interest percentage	100.00%
Subsequent Event | Distribution reinvestment plan
Organization and business [Line Items]
Share price (USD per share)			$ 8.65

Organization and Business (Real

Organization and Business (Real Estate Property) (Details) ft² in Millions	Dec. 31, 2018ft²propertystates
Real Estate Properties [Line Items]
Number of owned properties	890
Rentable commercial space (sqft) | ft²	26.5
Number of states in which entity owns properties | states	45
Percentage of rentable space leased	96.20%
Consolidated Joint Venture
Real Estate Properties [Line Items]
Number of owned properties	9

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Reclassification) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jan. 01, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Operating income	$ 135,329	$ 170,239	$ 152,091
Reclassification
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Operating income		$ 17,000	$ 2,900
Accumulated Other Comprehensive Income
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				$ 488
Accumulated Other Comprehensive Income | Accounting Standards Update 2017-12
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				488
Accumulated Distributions in Excess of Earnings
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				(488)
Accumulated Distributions in Excess of Earnings | Accounting Standards Update 2017-12
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				$ (488)

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Real Estate Assets) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)tenantproperty	Dec. 31, 2016USD ($)tenantproperty
Real Estate Properties [Line Items]
Impairment | $	$ 32,975	$ 2,855	$ 6,737
Impairment of real estate, number of properties		4	3
Number of tenants that filed bankruptcy | tenant		2	2
Percentage of property occupied by tenants that filed bankruptcy (percent)			100.00%
Real estate held-for-sale | $	$ 2,000,000
Number of real estate properties held for sale (property)	1
Assets held for sale | $	$ 6,780	$ 0
Building
Real Estate Properties [Line Items]
Acquired real estate asset, useful life	40 years
Site Improvements
Real Estate Properties [Line Items]
Acquired real estate asset, useful life	15 years
Revised Expected Holding Properties
Real Estate Properties [Line Items]
Impairment of real estate, number of properties	20
Vacant
Real Estate Properties [Line Items]
Impairment of real estate, number of properties	2

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Redeemable Noncontrolling interest in Consolidated Joint Venture) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Net income (loss) allocated to noncontrolling interest	$ 134	$ 131	$ 137
Distributions to noncontrolling interest	279	291	$ 269
Equity attributable to noncontrolling interest	$ 2,300	$ 2,400

Summary of Significant Accoun_7

Summary of Significant Accounting Policies (Cash and Cash Equivalents and Restricted Cash) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 9,141	$ 9,098	$ 8,040
Restricted Lockbox Accounts
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	3,400	3,700
Escrow Deposits
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 5,700	$ 5,400

Summary of Significant Accoun_8

Summary of Significant Accounting Policies (Other Narrative) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)segmentshares	Dec. 31, 2017USD ($)shares	Dec. 31, 2016shares	Jan. 01, 2018USD ($)
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Loans receivable held-for-investment, impairments	$ 0
Deferred costs, net	2,087,000	$ 3,034,000
Allowance for doubtful accounts	$ 931,000	$ 1,500,000
Weighted average number diluted shares outstanding adjustment (shares) | shares	0	0	0
Number of reportable segments | segment	1
Accumulated Distributions in Excess of Earnings
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				$ (488,000)
Accumulated Other Comprehensive Income
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				488,000
Accounting Standards Update 2017-12 | Accumulated Distributions in Excess of Earnings
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				(488,000)
Accounting Standards Update 2017-12 | Accumulated Other Comprehensive Income
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cumulative effect of accounting changes				$ 488,000

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)ft²property	Dec. 31, 2017USD ($)ft²property	Dec. 31, 2016USD ($)ft²property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	9.00%
Number of impaired properties | property	22	4	3
Impairment of real estate, area (sqft) | ft²	2,300	33	24
Impairment of real estate, number of properties | property		4	3
Impairment	$ 32,975	$ 2,855	$ 6,737
Estimate of Fair Value Measurement | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Company's debt	2,460,000	2,480,000
Estimate of Fair Value Measurement | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value	2,000
Carrying Value | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Company's debt	2,530,000	2,490,000
Land and Building | Estimate of Fair Value Measurement | Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of real estate assets	$ 332,400	$ 4,300	$ 4,700
Discount rate | Investments | Minimum | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement input	0.0775
Discount rate | Investments | Maximum | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement input	0.090

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis) (Details) - Fair value, measurements, recurring - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial assets:
Interest rate swaps	$ 10,993	$ 7,324
Total financial assets	10,993	7,324
Financial liabilities:
Interest rate swaps		(206)
Total financial liabilities		(206)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Interest rate swaps	0	0
Total financial assets	0	0
Financial liabilities:
Interest rate swaps		0
Total financial liabilities		0
Significant Other Observable Inputs (Level 2)
Financial assets:
Interest rate swaps	10,993	7,324
Total financial assets	10,993	7,324
Financial liabilities:
Interest rate swaps		(206)
Total financial liabilities		(206)
Significant Unobservable Inputs (Level 3)
Financial assets:
Interest rate swaps	0	0
Total financial assets	$ 0	0
Financial liabilities:
Interest rate swaps		0
Total financial liabilities		$ 0

Fair Value Measurements (Liabil

Fair Value Measurements (Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue Bonds [Roll Forward]
Capitalized interest		$ 337
Contingent Consideration [Roll Forward]
Beginning balance	$ 0	(337)
Purchases		0
Fair value adjustments		337
Payments received		0
Ending balance		0
Revenue Bonds
Revenue Bonds [Roll Forward]
Beginning balance	2,067	0
Purchases / originations		2,081
Capitalized interest		0
Payments received	(23)	(14)
Ending balance	$ 2,044	2,067
Contingent Consideration [Roll Forward]
Fair value adjustments		$ 0

Fair Value Measurements (Summar

Fair Value Measurements (Summary of Impairment Charges by Asset Class) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	$ 32,975	$ 2,855	$ 6,737
Impairment of intangible lease liabilities	(145)	0	0
Acquired in-place leases
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	1,385	396	284
Land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	6,436	725	1,775
Building Fixtures and Improvements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	$ 25,299	$ 1,734	$ 4,678

Real Estate Assets (Narrative)

Real Estate Assets (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)property	Dec. 31, 2016USD ($)property
Business Acquisition [Line Items]
Total purchase price		$ 307,400
Number of properties acquired | property		42
Below market lease, weighted average useful life	7 years 2 months 12 days	7 years 6 months
Acquisition-related expenses	$ 2,601	$ 1,599	$ 4,191
2017 Acquisitions
Business Acquisition [Line Items]
Percentage of voting interests acquired and percent of assets acquired		100.00%
Number of businesses acquired (property) | property		4
Below market lease, weighted average useful life		8 years 6 months
Purchase price of business combinations		$ 55,386
Acquisition-related expenses		1,300
Revenue		5,100
Net income (loss)		$ 708
2016 Acquisitions
Business Acquisition [Line Items]
Number of businesses acquired (property) | property			15
Acquired finite-lived intangible assets, weighted average useful life			6 years 4 months 24 days
Purchase price of business combinations			$ 216,700
Acquisition-related expenses			4,200
Revenue			10,700
Net income (loss)			$ (1,400)
2018 Asset Acquisition
Business Acquisition [Line Items]
Percentage of voting interests acquired and percent of assets acquired	100.00%
Number of properties acquired | property	1
Total purchase price	$ 11,905
External acquisition-related expense	$ 277
Below market lease, weighted average useful life	19 years
2017 Asset Acquisitions
Business Acquisition [Line Items]
Percentage of voting interests acquired and percent of assets acquired		100.00%
Number of properties acquired | property		38
Total purchase price		$ 251,999
External acquisition-related expense		$ 6,100
Acquired in-place leases and other intangibles | 2017 Acquisitions
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life		16 years 10 months 23 days
Acquired in-place leases and other intangibles | 2016 Acquisitions
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life			7 years 7 months 6 days
Acquired in-place leases and other intangibles | 2018 Asset Acquisition
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life	19 years
Acquired above-market leases | 2017 Acquisitions
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life		13 years 7 months 5 days
Acquired above-market leases | 2016 Acquisitions
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life			6 years

Real Estate Assets (Schedule of

Real Estate Assets (Schedule of Recognized Identified Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Land	$ 1,172,449	$ 1,193,029
Total purchase price		307,400
2018 Asset Acquisition
Business Acquisition [Line Items]
Land	2,107
Buildings, fixtures and improvements	9,044
Acquired in-place leases and other intangibles	1,392
Intangible lease liabilities	(638)
Total purchase price	$ 11,905
2017 Asset Acquisitions
Business Acquisition [Line Items]
Land		32,919
Buildings, fixtures and improvements		177,682
Acquired in-place leases and other intangibles		39,257
Acquired above-market leases		3,624
Revenue bonds		2,081
Intangible lease liabilities		(3,564)
Total purchase price		251,999
2017 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Land		9,873
Buildings, fixtures and improvements		41,186
Intangible lease liabilities		(2,635)
Total purchase price		55,386
2016 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Land			$ 48,317
Buildings, fixtures and improvements			149,859
Intangible lease liabilities			(3,388)
Total purchase price			216,652
Acquired in-place leases and other intangibles | 2017 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired finite-lived intangible asset - leases, amount		5,974
Acquired in-place leases and other intangibles | 2016 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired finite-lived intangible asset - leases, amount			18,100
Acquired above-market leases | 2017 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired finite-lived intangible asset - leases, amount		$ 988
Acquired above-market leases | 2016 Acquisitions
Business Acquisition, Purchase Price Allocation [Abstract]
Acquired finite-lived intangible asset - leases, amount			$ 3,764

Real Estate Assets (Purchase Pr

Real Estate Assets (Purchase Price of Real Estate Investment) (Details) $ in Thousands	Dec. 31, 2017USD ($)
Business Acquisition [Line Items]
Purchase price of asset acquisitions	$ 307,400
Total purchase price of real estate assets acquired	307,385
2017 Acquisitions
Business Acquisition [Line Items]
Purchase price of business combinations	55,386
2017 Asset Acquisitions
Business Acquisition [Line Items]
Purchase price of asset acquisitions	$ 251,999

Real Estate Assets (Business Ac

Real Estate Assets (Business Acquisition, Pro Forma Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
2017 Acquisitions
Pro forma basis (unaudited)
Revenue	$ 424,416	$ 412,883
Net income	$ 80,912	71,301
2016 Acquisitions
Pro forma basis (unaudited)
Revenue		418,798	$ 389,780
Net income		$ 74,052	$ 64,662

Real Estate Assets (Property Di

Real Estate Assets (Property Dispositions) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)property	Dec. 31, 2016USD ($)propertyshopping_center
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from disposition of properties	$ 64,180,000	$ 99,013,000	$ 30,811,000
Repayments of debt	227,211,000
Gain on disposition of real estate, net	$ 6,299,000	17,044,000	2,907,000
Property Disposition 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties disposed | property	21
Aggregate gross sales price	$ 66,600,000
Proceeds from disposition of properties	49,100,000
Repayments of debt	15,000,000
Gain on disposition of real estate, net	6,300,000
Property Dispositions, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate gross sales price		100,600,000
Proceeds from disposition of properties		65,900,000
Repayments of debt		33,000,000
Gain on disposition of real estate, net		17,000,000
Property Dispositions, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate gross sales price			31,600,000
Proceeds from disposition of properties			30,800,000
Gain on disposition of real estate, net			$ 2,900,000
Affiliated entity | Disposition fee | Property Disposition 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Related party transaction, expenses from transactions with related party	$ 478,000
Affiliated entity | Disposition fee | Property Dispositions, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Related party transaction, expenses from transactions with related party		$ 0
Retail Property | Property Disposition 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties disposed | property	19
Retail Property | Property Dispositions, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties disposed | property		14
Retail Property | Property Dispositions, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties disposed | property			4
Anchored Shopping Center | Property Disposition 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties disposed | property	2
Anchored Shopping Center | Property Dispositions, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties disposed | shopping_center			1
Industrial Property | Property Dispositions, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties disposed | property		1

Real Estate Assets (Impairment

Real Estate Assets (Impairment of Property) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)property	Dec. 31, 2016USD ($)property
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Number of impaired properties | property	22	4	3
Impairment of real estate assets	$ 32,975	$ 2,855	$ 6,737
Estimate of Fair Value Measurement
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Real estate investment	332,400	4,300	4,700
Carrying Value
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Real estate investment	$ 365,400	$ 7,200	$ 11,400

Real Estate Assets (Consolidate

Real Estate Assets (Consolidated Joint Venture) (Details) $ in Thousands	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)
Business Acquisition [Line Items]
Number of owned properties | property	890
Assets	$ 4,617,371	$ 4,728,689
Real estate asset property, accumulated depreciation	597,756	526,976
Liabilities	$ 2,616,274	$ 2,572,024
Corporate Joint Venture
Business Acquisition [Line Items]
Number of owned properties | property	9
Assets	$ 50,900
Real estate asset property, accumulated depreciation	6,900
Liabilities	789
Land | Corporate Joint Venture
Business Acquisition [Line Items]
Assets	9,300
Building and Building Improvements | Corporate Joint Venture
Business Acquisition [Line Items]
Assets	42,000
Intangible Lease Assets | Corporate Joint Venture
Business Acquisition [Line Items]
Assets	$ 5,600

Real Estate Assets (Unconsolida

Real Estate Assets (Unconsolidated Joint Ventures) (Details) ft² in Thousands, $ in Thousands	Sep. 22, 2016USD ($)	Dec. 31, 2018USD ($)ft²	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)ft²
Business Acquisition [Line Items]
Rentable space (sqft) | ft²		26,500
Loss recognized on equity interest remeasured to fair value		$ 0	$ 0	$ 647
Unconsolidated Joint Venture
Business Acquisition [Line Items]
Voting interest acquired				10.00%
Rentable space (sqft) | ft²				176
Carrying value of the Company’s equity interest before business combination	$ 18,952
Land	4,535
Buildings, fixtures and improvements	11,826
Intangible lease liabilities	(597)
Other assets and liabilities	115
Purchase price of business combinations	18,305
Loss recognized on equity interest remeasured to fair value	(647)
Cash paid to Unconsolidated Joint Venture Partner	1,600
Acquired in-place leases and other intangibles | Unconsolidated Joint Venture
Business Acquisition [Line Items]
Acquired finite-lived intangible asset - leases, amount	1,296
Acquired above-market leases | Unconsolidated Joint Venture
Business Acquisition [Line Items]
Acquired finite-lived intangible asset - leases, amount	$ 1,130

Intangible Lease Assets and L_3

Intangible Lease Assets and Liabilities (Schedule of Finite-lived Intangible Assets and Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Intangible lease assets	$ 342,357	$ 397,430
Acquired below market liabilities, net	36,418	45,572
Below market lease accumulated amortization	$ 34,732	$ 31,330
Below market lease, weighted average useful life	7 years 2 months 12 days	7 years 6 months
Acquired in-place leases
Finite-Lived Intangible Assets [Line Items]
Intangible lease assets	$ 307,895	$ 355,683
Accumulated amortization of intangible lease assets	$ 184,523	$ 166,874
Useful life	10 years 1 month 6 days	10 years 6 months
Acquired above-market leases
Finite-Lived Intangible Assets [Line Items]
Intangible lease assets	$ 34,462	$ 41,747
Accumulated amortization of intangible lease assets	$ 27,979	$ 25,626
Useful life	8 years 4 months 24 days	8 years 8 months 12 days

Intangible Lease Assets and L_4

Intangible Lease Assets and Liabilities (Schedule of finite-lived intangible assets amortization expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Amortization of below-market leases	$ 8,448	$ 9,503	$ 7,821
Acquired in-place leases
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	45,559	46,602	45,944
Acquired above-market leases
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 6,740	$ 7,304	$ 6,638

Intangible Lease Assets and L_5

Intangible Lease Assets and Liabilities (Schedule of Finite-lived Intangible Assets and Liabilities, Future Amortization Expense) (Details) $ in Thousands	Dec. 31, 2018USD ($)
Below Market Lease, Amortization Income, Maturity Schedule [Abstract]
2019	$ 7,316
2020	6,501
2021	4,398
2022	3,710
2023	2,899
Acquired in-place leases
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2019	37,322
2020	35,164
2021	31,862
2022	29,990
2023	26,868
Above market leases
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2019	4,981
2020	4,451
2021	3,835
2022	3,590
2023	$ 3,221

Loans Held-For-Investment (Deta

Loans Held-For-Investment (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans	4
Principal balance	$ 89,679
Net book value	$ 89,762
Weighted-average interest rate	17.20%
Weighted-average years to maturity	2 years 4 months 9 days
One-Month LIBOR
Accounts, Notes, Loans and Financing Receivable [Line Items]
Basis spread on variable rate	14.85%

Loans Held-For-Investment Activ

Loans Held-For-Investment Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Loans Held-for-Investment [Roll Forward]
Principal balance, beginning	$ 0
Net book value, beginning	0
Loan fundings	89,295
Capitalized interest	384
Deferred fees and other items	(185)
Accretion (amortization) of fees and other items	268
Principal balance, ending	89,679
Deferred fees and other items, ending	83
Net book value, ending	$ 89,762

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Narrative) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)derivative	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Derivative [Line Items]
Amount of (gain) loss reclassified from other comprehensive income into income as interest expense and other, net | $	$ (4,305,000)	$ 3,103,000	$ 8,757,000
Interest rate cash flow hedge gain (loss) to be reclassified during next 12 months | $	$ 5,900,000
Interest Rate Swaps
Derivative [Line Items]
Number of interest rate derivatives matured | derivative	3
Derivative, number of instruments terminated | derivative	1
Derivative, number of instruments held (derivative) | derivative	7
Interest Rate Swaps | Cash flow hedging
Derivative [Line Items]
Derivative liability, event of default, termination amount | $	$ 0

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Schedule of Derivative Instruments) (Details) $ in Thousands	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)derivative
Interest Rate Swaps | Deferred Rental Income, Derivative LIabilities and Other Liabilities
Derivatives, Fair Value [Line Items]
Outstanding notional amount		$ 38,700
Number of derivative instruments in liability position | derivative		2
Derivative liability, fair value		$ 206
Cash flow hedging | Derivative assets, revenue bonds, prepaid expenses and other assets
Derivatives, Fair Value [Line Items]
Outstanding notional amount	$ 990,066
Derivative asset, fair value	$ 10,993	$ 7,324
Cash flow hedging | Derivative assets, revenue bonds, prepaid expenses and other assets | Minimum
Derivatives, Fair Value [Line Items]
Interest Rate	2.55%
Cash flow hedging | Derivative assets, revenue bonds, prepaid expenses and other assets | Maximum
Derivatives, Fair Value [Line Items]
Interest Rate	3.91%

Notes Payable And Credit Faci_3

Notes Payable And Credit Facility (Fixed rate debt) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Notes payable and credit facility, net	$ 2,516,914	$ 2,471,763
Debt, weighted average interest rate	3.90%
Debt instrument, weighted average years to maturity	3 years 2 months 12 days
Long-term debt	$ 2,529,666	2,488,877
Debt maturities within next year	49,799
Fixed rate debt
Debt Instrument [Line Items]
Long-term debt	1,178,166	1,217,377
Debt instrument, collateral amount	$ 2,100,000
Variable Rate Debt
Debt Instrument [Line Items]
Debt, weighted average interest rate	5.60%
Long-term debt	$ 20,500	$ 20,500
Debt instrument, collateral amount	$ 40,800
Minimum | Fixed rate debt
Debt Instrument [Line Items]
Stated interest rate (percentage)	2.60%
Maximum | Fixed rate debt
Debt Instrument [Line Items]
Stated interest rate (percentage)	4.98%
Interest Rate Swaps | Variable Rate Debt
Debt Instrument [Line Items]
Long-term debt	$ 178,400

Notes Payable And Credit Faci_4

Notes Payable And Credit Facility (Schedule of Debt) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	$ 2,488,877
Net premiums, beginning of the period	419
Total debt, net beginning of period	2,471,763
Debt Issuance and Assumptions	268,000
Proceeds from debt, bet of issuance costs	268,000
Repayments and Modifications	(227,211)
Repayments, Extinguishment and Assumptions of Debt, Net	(227,165)
Amortization of premium	(88)
Accretion and (Amortization)	4,316
Long-term debt, gross, ending balance	2,529,666
Net premiums, end of the period	331
Total debt, net end of period	2,516,914
Fixed rate debt
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	1,217,377
Deferred costs, beginning of period	(8,705)
Repayments and Modifications	(39,211)
Repayments and Modifications, Deferred costs	46
Amortization of deferred financing costs	2,307
Long-term debt, gross, ending balance	1,178,166
Deferred costs, end of period	(6,352)
Variable Rate Debt
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	20,500
Long-term debt, gross, ending balance	20,500
Line of Credit
Short-Term and Long-Term Debt [Roll Forward]
Long-term debt, gross, beginning balance	1,251,000
Deferred costs, beginning of period	(8,828)
Debt Issuance and Assumptions	268,000
Repayments and Modifications	(188,000)
Amortization of deferred financing costs	2,097
Long-term debt, gross, ending balance	1,331,000
Deferred costs, end of period	$ (6,731)

Notes Payable And Credit Faci_5

Notes Payable And Credit Facility (Credit Facility) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Debt, weighted average interest rate	3.90%
JPMorgan Chase Bank, N.A. | Line of Credit
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 1,400,000,000
Long-term line of credit	$ 1,330,000,000
Debt, weighted average interest rate	4.00%
Line of credit, current borrowing capacity	$ 67,200,000
Line of credit facility, covenant, minimum consolidated net worth	$ 2,000,000,000
Line of credit facility, covenant, minimum consolidated net worth, percentage of equity issuance	75.00%
Debt instrument, covenant, fixed charge coverage ratio	1.50
JPMorgan Chase Bank, N.A. | Line of Credit | Federal funds rate plus
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
JPMorgan Chase Bank, N.A. | Line of Credit | One-Month LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.00%
JPMorgan Chase Bank, N.A. | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 350,000,000
Long-term line of credit	$ 281,000,000
JPMorgan Chase Bank, N.A. | Line of Credit | Revolving Credit Facility | Interest Rate Swaps
Debt Instrument [Line Items]
Debt, weighted average interest rate	4.20%
JPMorgan Chase Bank, N.A. | Line of Credit | Term loan
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 1,050,000,000
Long-term line of credit	1,050,000,000
JPMorgan Chase Bank, N.A. | Line of Credit | Term loan | Interest Rate Swaps
Debt Instrument [Line Items]
Long-term line of credit	$ 811,700,000
Debt, weighted average interest rate	3.80%
JPMorgan Chase Bank, N.A. | Line of Credit | Minimum
Debt Instrument [Line Items]
Stated interest rate (percentage)	0.65%
Line of credit facility, covenant, unsecured debt service coverage ratio	175.00%
JPMorgan Chase Bank, N.A. | Line of Credit | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Derivative, basis spread on variable rate	1.65%
JPMorgan Chase Bank, N.A. | Line of Credit | Maximum
Debt Instrument [Line Items]
Stated interest rate (percentage)	1.25%
Line of credit facility, covenant, leverage ratio	60.00%
Debt instrument, covenant, unsecured debt to unencumbered asset value ratio	60.00%
Line of credit facility, covenant, secured debt ratio	40.00%
Line of credit facility, covenant, ratio of secured debt to total asset value	15.00%
JPMorgan Chase Bank, N.A. | Line of Credit | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Derivative, basis spread on variable rate	2.25%

Notes Payable And Credit Faci_6

Notes Payable And Credit Facility (Schedule of Maturities of Long-term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
2019	$ 49,799
2020	318,215
2021	381,603
2022	1,092,464
2023	491,375
Thereafter	196,210
Total	$ 2,529,666	$ 2,488,877

Supplemental Cash Flow Disclo_3

Supplemental Cash Flow Disclosures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Distributions declared and unpaid	$ 16,518	$ 16,531	$ 16,498
Accrued capital expenditures	557	192	675
Common stock issued through distribution reinvestment plan	91,764	101,344	109,166
Change in fair value of interest rate swaps	3,875	7,654	4,335
Contingent consideration recorded upon property acquisitions	0	0	332
Consolidation of real estate joint venture	0	0	18,305
Supplemental Cash Flow Disclosures:
Interest paid	93,424	85,140	74,034
Cash paid for income taxes	$ 1,475	$ 1,555	$ 1,887

Related Party Transactions an_2

Related Party Transactions and Arrangements (Acquisition fees and expenses) (Details) - Maximum - Advisors	Dec. 31, 2018
Acquisition Fee
Related Party Transaction [Line Items]
Expenses from transactions with related party, percent of contract price	2.00%
Acquisition fees and expenses
Related Party Transaction [Line Items]
Expenses from transactions with related party, percent of contract price	6.00%

Related Party Transactions an_3

Related Party Transactions and Arrangements (Advisory fees and expenses) (Details) - Advisors	Dec. 31, 2018USD ($)
Average invested assets between $0 to $2 billion | Advisory Fee
Related Party Transaction [Line Items]
Expense from transactions with related party, percentage of average invested assets (percent)	0.75%
Average invested assets between $2 billion to $4 billion | Advisory Fee
Related Party Transaction [Line Items]
Expense from transactions with related party, percentage of average invested assets (percent)	0.70%
Average invested assets over $4 billion | Advisory Fee
Related Party Transaction [Line Items]
Expense from transactions with related party, percentage of average invested assets (percent)	0.65%
Minimum | Average invested assets between $0 to $2 billion
Related Party Transaction [Line Items]
Average invested assets	$ 0
Minimum | Average invested assets between $2 billion to $4 billion
Related Party Transaction [Line Items]
Average invested assets	2,000,000,000
Minimum | Average invested assets over $4 billion
Related Party Transaction [Line Items]
Average invested assets	4,000,000,000
Maximum | Average invested assets between $0 to $2 billion
Related Party Transaction [Line Items]
Average invested assets	2,000,000,000
Maximum | Average invested assets between $2 billion to $4 billion
Related Party Transaction [Line Items]
Average invested assets	$ 4,000,000,000

Related Party Transactions an_4

Related Party Transactions and Arrangements (Operating expenses) (Details) - Maximum - Advisors - Operating expenses	Dec. 31, 2018
Related Party Transaction [Line Items]
Operating expense reimbursement (percent)	2.00%
Operating expense reimbursement percent of net income (percent)	25.00%

Related Party Transactions an_5

Related Party Transactions and Arrangements (Disposition fees) (Details) - Maximum - Advisors	Dec. 31, 2018
Disposition Fee for Sale of Real Estate
Related Party Transaction [Line Items]
Expenses from transactions with related party, percent of contract price	1.00%
Brokerage Commissions And Disposition Fees
Related Party Transaction [Line Items]
Expenses from transactions with related party, percent of contract price	50.00%
Expenses from transactions with related party, percent of contract price	6.00%

Related Party Transactions an_6

Related Party Transactions and Arrangements (Subordinated performance fees) (Details) - Advisors - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Cumulative noncompounded annual return (percent)	8.00%
Subordinated Performance Fees [Member]
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	$ 0	$ 0	$ 0
Subordinate Performance Fees for Listing
Related Party Transaction [Line Items]
Expense from transactions (percent)	15.00%
Subordinate Performance Fee in Event of Liquidation
Related Party Transaction [Line Items]
Expense from transactions (percent)	15.00%

Related Party Transactions an_7

Related Party Transactions and Arrangements (Schedule of related party transaction) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Due to affiliates	$ 5,156	$ 1,984
Acquisition, Disposition and Operating Activities Fees and Expenses | Advisors
Related Party Transaction [Line Items]
Due to affiliates	5,200	2,000
Acquisition fees and expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	2,749	6,532	$ 4,960
Disposition fee | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	478	0	0
Advisory fees and expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	43,399	44,072	41,926
Operating expenses | Advisors
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party	$ 5,163	$ 4,494	$ 4,119

Related Party Transactions an_8

Related Party Transactions and Arrangements (Due to/from Affiliates Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Due from affiliates	$ 0	$ 56
Affiliated entity
Related Party Transaction [Line Items]
Due to related parties	$ 5,200	$ 2,000

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Aug. 11, 2010	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Aug. 02, 2016	Dec. 19, 2013
Class of Stock [Line Items]
Common stock, par value (USD per share)		$ 0.01	$ 0.01
Common Stock
Class of Stock [Line Items]
Issuance of common stock (shares)	20,000	9,615,850	10,095,437	11,234,006
Share price (USD per share)	$ 10
Distribution reinvestment plan
Class of Stock [Line Items]
Common stock, shares authorized			$ 600	$ 600	$ 600	$ 247
Common stock, par value (USD per share)		$ 0.01

Stockholders' Equity (Distribut

Stockholders' Equity (Distribution Reinvestment Plan) (Details) - USD ($) $ in Thousands, shares in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Common stock issued through distribution reinvestment plan	$ 91,764	$ 101,344	$ 109,166
Distribution reinvestment plan
Class of Stock [Line Items]
Dividend reinvestment plan, termination notice period	10 days
Shares issued pursuant to a distribution reinvestment plan (in shares)	9.6	10.1	11.2
Common stock issued through distribution reinvestment plan	$ 91,800	$ 101,300	$ 109,200

Stockholders' Equity (Share Red

Stockholders' Equity (Share Redemption Program) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Equity, Class of Treasury Stock [Line Items]
Redemptions of common stock		$ 93,830	$ 103,675	$ 110,655
Unfulfilled redemption requests, shares	16,100,000
The Share Redemption Program
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, required holding period		1 year
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after two year (percent)		97.50%
Stock redemption program, plan redemption price per share, percentage of amount paid per share, after three year (percent)		100.00%
Stock repurchase program, termination notice period		30 days
Stock repurchased and retired during period, shares		9,800,000	10,300,000	11,500,000
Redemptions of common stock		$ 93,800	$ 103,700	$ 110,700
Unfulfilled redemption requests, shares		58,500,000
The Share Redemption Program | Maximum
Equity, Class of Treasury Stock [Line Items]
Stock redemption program, number of shares authorized to be repurchased, percentage of weighted average number of shares outstanding (percent)		5.00%
Stock repurchase program, number of shares authorized to be repurchased per quarter, prior year percentage of weighted average number of shares outstanding (percent)		1.25%
Stock redemption program, redemption priority, shares		250
The Share Redemption Program | Distribution reinvestment plan
Equity, Class of Treasury Stock [Line Items]
DRIP portion of the Offering as a percentage of most recent estimated value of each share (percent)		100.00%

Stockholders' Equity (Distrib_2

Stockholders' Equity (Distributions Payable and Distribution Policy) (Details) - USD ($) $ / shares in Units, $ in Thousands	18 Months Ended
	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Distributions payable		$ 16,518	$ 16,531	$ 16,498
Subsequent Event
Class of Stock [Line Items]
Common stock, dividends, daily amount per share authorized (USD per share)	$ 0.001711452

Stockholders' Equity (Equity-Ba

Stockholders' Equity (Equity-Based Compensation) (Details) - CCPT IV 2018 Equity Incentive Plan - USD ($) $ in Thousands	Oct. 01, 2018	Dec. 31, 2018
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance		400,000
Shares available for future grant		386,000
Restricted shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted to each of the independent members of the Board	3,500
Grants in period (shares)	14,000
Award requisite service period	1 year
Unrecognized compensation expense		$ 98
General and Administrative Expense | Restricted shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense		$ 33

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Ordinary dividends (percent)	52.00%	51.00%	53.00%
Nondividend distributions (percent)	48.00%	42.00%	46.00%
Capital gain distributions (percent)	0.00%	7.00%	1.00%
Total (percent)	100.00%	100.00%	100.00%
State and local income tax and franchise tax expense (benefit), continuing operations	$ 1,400,000	$ 1,600,000	$ 1,200,000
Unrecognized tax benefits	$ 0	$ 0

Operating Leases (Details)

Operating Leases (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Leases [Abstract]
Operating leases of lessor, weighted average remaining lease term	9 years 28 days
Future Minimum Rental Income
2019	$ 352,699
2020	343,991
2021	327,661
2022	311,858
2023	284,510
Thereafter	1,718,650
Total future minimum rental income	$ 3,339,369

Quarterly Results (Unaudited)_2

Quarterly Results (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 108,673	$ 105,705	$ 107,395	$ 109,503	$ 107,787	$ 107,024	$ 104,504	$ 104,780	$ 431,276	$ 424,095	$ 407,451
Net income (loss)	(14,391)	14,905	17,825	19,073	15,424	29,769	18,107	16,251	37,412	79,551	71,979
Net income (loss) attributable to the Company	$ (14,425)	$ 14,872	$ 17,792	$ 19,039	$ 15,392	$ 29,736	$ 18,075	$ 16,217	$ 37,278	$ 79,420	$ 71,842
Basic and diluted net income (loss) per common share (USD per share)	$ (0.05)	$ 0.05	$ 0.06	$ 0.06	$ 0.05	$ 0.10	$ 0.06	$ 0.05	$ 0.12	$ 0.25	$ 0.23

Subsequent Events - (Details)

Subsequent Events - (Details) $ / shares in Units, $ in Thousands, shares in Millions	3 Months Ended		12 Months Ended
	Mar. 26, 2019USD ($)property$ / sharesshares	Dec. 31, 2018$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)$ / shares	Dec. 31, 2016USD ($)
Subsequent Event
Redemptions of common stock			$ 93,830	$ 103,675	$ 110,655
Unfulfilled redemption requests (shares) | shares		16.1
Net proceeds from disposition of real estate assets			64,180	99,013	30,811
Gain on disposition of real estate, net			$ 6,299	$ 17,044	2,907
NAV per share (USD per share) | $ / shares		$ 8.65	$ 8.65	$ 9.37
Subsequent Event
Subsequent Event
Redemptions of common stock (shares) | shares	2.3
Redemptions of common stock	$ 21,700
Common stock average redemption price per share | $ / shares	$ 9.37
Distribution reinvestment plan | Subsequent Event
Subsequent Event
Share price (USD per share) | $ / shares	$ 8.65
Commercial Real Estate | Subsequent Event
Subsequent Event
Number of properties disposed | property	33
Aggregate gross sales price	$ 109,100
Net proceeds from disposition of real estate assets	105,800
Gain on disposition of real estate, net	5,000
Advisors | Disposition fee
Subsequent Event
Related party transaction, expenses from transactions with related party			$ 478	$ 0	0
Advisors | Disposition fee | Subsequent Event
Subsequent Event
Related party transaction, expenses from transactions with related party	$ 534
The Share Redemption Program
Subsequent Event
Redemptions of common stock			$ 93,800	$ 103,700	$ 110,700
Unfulfilled redemption requests (shares) | shares			58.5
The Share Redemption Program | Subsequent Event
Subsequent Event
Share price (USD per share) | $ / shares	$ 8.650

Schedule III - Real Estate As_2

Schedule III - Real Estate Assets and Accumulated Depreciation - 1 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	$ 334,476	$ 245,425	$ 158,805
10Box Cost-Plus: | Conway, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	733
Buildings and Improvements	1,654
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,387
Accumulated Depreciation	67
10Box Cost-Plus: | Russellville, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	990
Buildings and Improvements	1,470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,460
Accumulated Depreciation	83
24 Hour Fitness: | Beaverton, OR
Real Estate and Accumulated Depreciation [Line Items]
Land	2,609
Buildings and Improvements	9,974
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,583
Accumulated Depreciation	1,070
24 Hour Fitness: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,519
Buildings and Improvements	7,449
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,968
Accumulated Depreciation	1,041
Aaron’s: | Hillsboro, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	279
Buildings and Improvements	829
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,108
Accumulated Depreciation	145
Aaron’s: | Mountain Home, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	183
Buildings and Improvements	872
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,055
Accumulated Depreciation	72
Aaron’s: | Wilmington, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	249
Buildings and Improvements	1,134
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,383
Accumulated Depreciation	132
Academy Sports: | Clarksville, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,811
Buildings and Improvements	6,603
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,414
Accumulated Depreciation	814
Academy Sports: | Cookeville, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	49,300
Land	0
Buildings and Improvements	23,847
Total Adjustment to Basis	73,371
Gross Amount at Which Carried At December 31, 2018	97,218
Accumulated Depreciation	7,274
Academy Sports: | Douglasville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,360
Buildings and Improvements	8,593
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,953
Accumulated Depreciation	1,046
Academy Sports: | Flowood, MS
Real Estate and Accumulated Depreciation [Line Items]
Land	1,534
Buildings and Improvements	7,864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,398
Accumulated Depreciation	1,025
Academy Sports: | Greenville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,968
Buildings and Improvements	7,054
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,022
Accumulated Depreciation	419
Academy Sports: | McDonough, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,846
Buildings and Improvements	5,626
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,472
Accumulated Depreciation	735
Academy Sports: | Valdosta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,838
Land	2,482
Buildings and Improvements	5,922
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,404
Accumulated Depreciation	991
Advance Auto: | Corydon, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	190
Buildings and Improvements	1,219
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,409
Accumulated Depreciation	206
Advance Auto: | Dearborn Heights, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	385
Buildings and Improvements	1,090
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,475
Accumulated Depreciation	146
Advance Auto: | Decatur, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	606
Buildings and Improvements	1,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,659
Accumulated Depreciation	147
Advance Auto: | Lake Geneva, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,062
Land	381
Buildings and Improvements	1,181
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,562
Accumulated Depreciation	181
Advance Auto: | Lawton, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	387
Buildings and Improvements	1,000
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,387
Accumulated Depreciation	97
Advance Auto: | Mattoon, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	261
Buildings and Improvements	1,063
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,324
Accumulated Depreciation	81
Advance Auto: | Mt. Pleasant, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	122
Buildings and Improvements	1,069
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,191
Accumulated Depreciation	153
Advance Auto: | North Ridgeville, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	218
Buildings and Improvements	1,284
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,502
Accumulated Depreciation	219
Advance Auto: | Rutherfordton, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	220
Buildings and Improvements	944
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,164
Accumulated Depreciation	131
Advance Auto: | Starkville, MS
Real Estate and Accumulated Depreciation [Line Items]
Land	447
Buildings and Improvements	756
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,203
Accumulated Depreciation	140
Advance Auto: | Willmar, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	200
Buildings and Improvements	1,279
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,479
Accumulated Depreciation	123
Albany Square: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,600
Land	1,606
Buildings and Improvements	7,113
Total Adjustment to Basis	373
Gross Amount at Which Carried At December 31, 2018	9,092
Accumulated Depreciation	1,153
Almeda Crossing: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	4,738
Buildings and Improvements	26,245
Total Adjustment to Basis	375
Gross Amount at Which Carried At December 31, 2018	31,358
Accumulated Depreciation	3,155
Applebee’s: | Lithonia, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,234
Buildings and Improvements	2,613
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,847
Accumulated Depreciation	313
Applebee’s: | Savannah, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	818
Buildings and Improvements	1,686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,504
Accumulated Depreciation	204
At Home: | Kissimmee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,512
Buildings and Improvements	5,594
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,106
Accumulated Depreciation	429
AutoZone: | Philipsburg, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	152
Buildings and Improvements	1,304
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,456
Accumulated Depreciation	224
AutoZone: | Poughkeepsie, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	699
Buildings and Improvements	1,356
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,055
Accumulated Depreciation	123
AutoZone: | Sheffield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	815
Buildings and Improvements	0
Total Adjustment to Basis	770
Gross Amount at Which Carried At December 31, 2018	1,585
Accumulated Depreciation	74
Bass Pro Shops: | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	945
Buildings and Improvements	5,713
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,658
Accumulated Depreciation	867
Beavercreek Shopping Center: | Beavercreek, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	17,200
Land	5,504
Buildings and Improvements	25,178
Total Adjustment to Basis	538
Gross Amount at Which Carried At December 31, 2018	31,220
Accumulated Depreciation	3,704
Bed Bath & Beyond/Golfsmith: | Schaumburg, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,300
Land	4,786
Buildings and Improvements	6,149
Total Adjustment to Basis	(1,372)
Gross Amount at Which Carried At December 31, 2018	9,563
Accumulated Depreciation	0
Benihana: | Golden Valley, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,510
Buildings and Improvements	2,934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,444
Accumulated Depreciation	486
Benihana: | Lauderdale by the Sea, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,181
Buildings and Improvements	2,014
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,195
Accumulated Depreciation	342
Benihana: | Lombard, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,390
Buildings and Improvements	2,343
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,733
Accumulated Depreciation	464
Benihana: | Woodlands, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,151
Buildings and Improvements	968
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,119
Accumulated Depreciation	167
Big Lots: | San Angelo, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,043
Buildings and Improvements	1,947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,990
Accumulated Depreciation	465
Big Lots: | Waco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,069
Buildings and Improvements	1,326
Total Adjustment to Basis	124
Gross Amount at Which Carried At December 31, 2018	2,519
Accumulated Depreciation	347
Biolife Plasma Services: | Bellingham, WA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,397
Buildings and Improvements	6,264
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,661
Accumulated Depreciation	758
Biolife Plasma Services: | Grandville, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	959
Buildings and Improvements	4,791
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,750
Accumulated Depreciation	537
Biolife Plasma Services: | Loveland, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	651
Buildings and Improvements	5,645
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,296
Accumulated Depreciation	620
Biolife Plasma Services: | Bloomington, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	696
Buildings and Improvements	3,900
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,596
Accumulated Depreciation	464
Biolife Plasma Services: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	660
Buildings and Improvements	3,749
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,409
Accumulated Depreciation	446
Biolife Plasma Services: | St. Cloud, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	889
Buildings and Improvements	3,633
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,522
Accumulated Depreciation	474
Biolife Plasma Services: | St. George, UT
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,195
Buildings and Improvements	5,561
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,756
Accumulated Depreciation	564
Biolife Plasma Services: | Waterloo, IA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	489
Buildings and Improvements	3,380
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,869
Accumulated Depreciation	448
Biolife Plasma Services: | West Fargo, ND
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,379
Buildings and Improvements	5,052
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,431
Accumulated Depreciation	540
Bob Evans: | Akron, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	447
Buildings and Improvements	1,537
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,984
Accumulated Depreciation	81
Bob Evans: | Anderson, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	912
Buildings and Improvements	1,455
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,367
Accumulated Depreciation	78
Bob Evans: | Austintown, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	305
Buildings and Improvements	1,426
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,731
Accumulated Depreciation	81
Bob Evans: | Birch Run, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	733
Buildings and Improvements	1,192
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,925
Accumulated Depreciation	66
Bob Evans: | Blue Ash, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	628
Buildings and Improvements	1,429
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,057
Accumulated Depreciation	88
Bob Evans: | Chardon, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	333
Buildings and Improvements	682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,015
Accumulated Depreciation	41
Bob Evans: | Chillicothe, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	557
Buildings and Improvements	1,524
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,081
Accumulated Depreciation	84
Bob Evans: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	523
Buildings and Improvements	1,376
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,899
Accumulated Depreciation	78
Bob Evans: | Dayton, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	325
Buildings and Improvements	1,438
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,763
Accumulated Depreciation	84
Bob Evans: | Eldersburg, MD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	557
Buildings and Improvements	876
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,433
Accumulated Depreciation	47
Bob Evans: | Florence, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	496
Buildings and Improvements	1,876
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,372
Accumulated Depreciation	107
Bob Evans: | Holland, MI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	314
Buildings and Improvements	1,367
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,681
Accumulated Depreciation	77
Bob Evans: | Huntersville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	751
Buildings and Improvements	657
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,408
Accumulated Depreciation	36
Bob Evans: | Hurricane, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	297
Buildings and Improvements	1,654
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,951
Accumulated Depreciation	85
Bob Evans: | Milford, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	271
Buildings and Improvements	1,498
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,769
Accumulated Depreciation	86
Bob Evans: | Monroeville, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,340
Buildings and Improvements	848
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,188
Accumulated Depreciation	44
Bob Evans: | Nicholasville, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	731
Buildings and Improvements	693
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,424
Accumulated Depreciation	37
Bob Evans: | North Canton, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	859
Buildings and Improvements	1,393
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,252
Accumulated Depreciation	79
Bob Evans: | Ripley, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	269
Buildings and Improvements	1,304
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,573
Accumulated Depreciation	72
Bob Evans: | Tipp City, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	554
Buildings and Improvements	1,120
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,674
Accumulated Depreciation	66
Bob Evans: | Warsaw, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	684
Buildings and Improvements	1,222
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,906
Accumulated Depreciation	67
Bojangles: | Pelham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	219
Buildings and Improvements	1,216
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,435
Accumulated Depreciation	149
Boston Commons: | Springfield, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,400
Land	3,101
Buildings and Improvements	7,042
Total Adjustment to Basis	280
Gross Amount at Which Carried At December 31, 2018	10,423
Accumulated Depreciation	877
Bottom Dollar Grocery: | Ambridge, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	519
Buildings and Improvements	2,985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,504
Accumulated Depreciation	394
Brownsville Plaza: | Baldwin, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	627
Buildings and Improvements	2,702
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,329
Accumulated Depreciation	375
Bryan Crossing: | Kodak, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,958
Land	863
Buildings and Improvements	6,523
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,386
Accumulated Depreciation	756
Buffalo Wild Wings: | Idaho Falls, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	712
Buildings and Improvements	1,336
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,048
Accumulated Depreciation	151
Buffalo Wild Wings: | Warrenville, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,208
Buildings and Improvements	1,420
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,628
Accumulated Depreciation	275
Buffalo Wild Wings: | Woodridge, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,139
Buildings and Improvements	1,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,623
Accumulated Depreciation	285
Cabela’s: | Acworth, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,979
Buildings and Improvements	18,775
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	23,754
Accumulated Depreciation	665
Cabela’s: | Avon, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	2,755
Buildings and Improvements	10,751
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	13,506
Accumulated Depreciation	387
Cabela’s: | La Vista, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	3,260
Buildings and Improvements	16,923
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	20,183
Accumulated Depreciation	576
Cabela’s: | Sun Prairie, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	3,373
Buildings and Improvements	14,058
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	17,431
Accumulated Depreciation	525
Caliber Collision Center: | Frisco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,484
Buildings and Improvements	2,038
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,522
Accumulated Depreciation	252
Caliber Collision Center: | Las Cruces, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	673
Buildings and Improvements	1,949
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,622
Accumulated Depreciation	236
Caliber Collision Center: | Midwest City, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	1,165
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,424
Accumulated Depreciation	147
Caliber Collision Center: | Denver, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	855
Buildings and Improvements	658
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,513
Accumulated Depreciation	77
Caliber Collision Center: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	622
Buildings and Improvements	832
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,454
Accumulated Depreciation	97
Caliber Collision Center: | Wylie, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	816
Buildings and Improvements	2,690
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,506
Accumulated Depreciation	299
Camping World: | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,152
Buildings and Improvements	3,831
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,983
Canton Marketplace: | Canton, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	32,000
Land	8,310
Buildings and Improvements	48,667
Total Adjustment to Basis	930
Gross Amount at Which Carried At December 31, 2018	57,907
Accumulated Depreciation	9,251
Carlisle Crossing: | Carlisle, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,491
Buildings and Improvements	15,817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	20,308
Accumulated Depreciation	2,114
Canarsie Plaza: | Brooklyn, NY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	75,000
Land	37,970
Buildings and Improvements	71,267
Total Adjustment to Basis	790
Gross Amount at Which Carried At December 31, 2018	110,027
Accumulated Depreciation	10,988
Century Plaza: | Orlando, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,094
Buildings and Improvements	6,178
Total Adjustment to Basis	797
Gross Amount at Which Carried At December 31, 2018	10,069
Accumulated Depreciation	1,095
Chase: | Hanover Township, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	2,192
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,192
Accumulated Depreciation	0
Chestnut Square: | Brevard, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,727
Land	425
Buildings and Improvements	5,037
Total Adjustment to Basis	92
Gross Amount at Which Carried At December 31, 2018	5,554
Accumulated Depreciation	757
Chili’s: | Forest City, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	233
Buildings and Improvements	1,936
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,169
Accumulated Depreciation	210
Coosa Town Center: | Gadsden, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,246
Buildings and Improvements	7,799
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,045
Accumulated Depreciation	1,135
Cost Plus World Market: | Kansas City, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,378
Buildings and Improvements	2,396
Total Adjustment to Basis	42
Gross Amount at Which Carried At December 31, 2018	3,816
Accumulated Depreciation	536
Costco: | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,146
Land	9,497
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,497
Accumulated Depreciation	0
Cottonwood Commons: | Albuquerque, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,250
Land	4,986
Buildings and Improvements	28,881
Total Adjustment to Basis	196
Gross Amount at Which Carried At December 31, 2018	34,063
Accumulated Depreciation	4,168
Coventry Crossing: | Coventry, RI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,000
Land	3,462
Buildings and Improvements	5,899
Total Adjustment to Basis	59
Gross Amount at Which Carried At December 31, 2018	9,420
Accumulated Depreciation	901
Crosspoint: | Hagerstown, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	12,285
Buildings and Improvements	14,359
Total Adjustment to Basis	(1,024)
Gross Amount at Which Carried At December 31, 2018	25,620
Accumulated Depreciation	2,049
Crossroads Annex: | Lafayette, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,659
Buildings and Improvements	7,091
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,750
Accumulated Depreciation	1,025
Crossroads Commons: | Plover, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,000
Buildings and Improvements	4,515
Total Adjustment to Basis	75
Gross Amount at Which Carried At December 31, 2018	5,590
Accumulated Depreciation	764
CVS: | Arnold, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	2,043
Buildings and Improvements	2,367
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,410
Accumulated Depreciation	307
CVS: | Asheville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,108
Buildings and Improvements	1,084
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,192
Accumulated Depreciation	191
CVS: | Austin, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,076
Buildings and Improvements	3,475
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,551
Accumulated Depreciation	448
CVS: | Bainbridge, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	444
Buildings and Improvements	1,682
Total Adjustment to Basis	47
Gross Amount at Which Carried At December 31, 2018	2,173
Accumulated Depreciation	292
CVS: | Bloomington, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,620
Buildings and Improvements	2,957
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,577
Accumulated Depreciation	384
CVS: | Blue Springs, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	395
Buildings and Improvements	2,722
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,117
Accumulated Depreciation	353
CVS: | Bridgeton, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	2,056
Buildings and Improvements	2,362
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,418
Accumulated Depreciation	306
CVS: | Cartersville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,547
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,547
Accumulated Depreciation	0
CVS: | Charleston, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	869
Buildings and Improvements	1,009
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,878
Accumulated Depreciation	179
CVS: | Chesapeake, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,044
Buildings and Improvements	3,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,097
Accumulated Depreciation	404
CVS: | Chicago, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,832
Buildings and Improvements	4,255
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,087
Accumulated Depreciation	616
CVS: | Cicero, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	487
Buildings and Improvements	3,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,586
Accumulated Depreciation	401
CVS: | Corpus Christi, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	648
Buildings and Improvements	2,557
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,205
Accumulated Depreciation	436
CVS: | Danville, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	424
Buildings and Improvements	2,105
Total Adjustment to Basis	76
Gross Amount at Which Carried At December 31, 2018	2,605
Accumulated Depreciation	253
CVS: | Eminence, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	872
Buildings and Improvements	2,511
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,383
Accumulated Depreciation	322
CVS: | Florence, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,735
Land	1,030
Buildings and Improvements	1,446
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,476
Accumulated Depreciation	218
CVS: | Goose Creek, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,022
Buildings and Improvements	1,980
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,002
Accumulated Depreciation	254
CVS: | Greenwood, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	912
Buildings and Improvements	3,549
Total Adjustment to Basis	61
Gross Amount at Which Carried At December 31, 2018	4,522
Accumulated Depreciation	489
CVS: | Hanover Township, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	4,746
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,746
Accumulated Depreciation	0
CVS: | Hazlet, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	3,047
Buildings and Improvements	3,610
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,657
Accumulated Depreciation	466
CVS: | Honesdale, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,206
Buildings and Improvements	3,342
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,548
Accumulated Depreciation	444
CVS: | Independence, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	359
Buildings and Improvements	2,242
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,601
Accumulated Depreciation	292
CVS: | Indianapolis, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,110
Buildings and Improvements	2,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,594
Accumulated Depreciation	322
CVS: | Irving, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	745
Buildings and Improvements	3,034
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,779
Accumulated Depreciation	484
CVS: | Jacksonville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,182
Buildings and Improvements	3,817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,999
Accumulated Depreciation	438
CVS: | Janesville, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	736
Buildings and Improvements	2,545
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,281
Accumulated Depreciation	330
CVS: | Katy, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,149
Buildings and Improvements	2,462
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,611
Accumulated Depreciation	312
CVS: | Lincoln, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	2,534
Buildings and Improvements	3,014
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,548
Accumulated Depreciation	389
CVS: | London, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,445
Buildings and Improvements	2,661
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,106
Accumulated Depreciation	362
CVS: | Middletown, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	665
Buildings and Improvements	5,483
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,148
Accumulated Depreciation	701
CVS: | North Wilkesboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	332
Buildings and Improvements	2,369
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,701
Accumulated Depreciation	312
CVS: | Poplar Bluff, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,861
Buildings and Improvements	2,211
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,072
Accumulated Depreciation	288
CVS: | Salem, NH
Real Estate and Accumulated Depreciation [Line Items]
Land	3,456
Buildings and Improvements	2,351
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,807
Accumulated Depreciation	303
CVS: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,893
Buildings and Improvements	1,848
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,741
Accumulated Depreciation	243
CVS: | Sand Springs, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	1,765
Buildings and Improvements	2,283
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,048
Accumulated Depreciation	298
CVS: | Santa Fe, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	2,243
Buildings and Improvements	4,619
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,862
Accumulated Depreciation	589
CVS: | Sedalia, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	466
Buildings and Improvements	2,318
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,784
Accumulated Depreciation	301
CVS: | St. John, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,546
Buildings and Improvements	2,601
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,147
Accumulated Depreciation	337
CVS: | Temple Hills, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	1,817
Buildings and Improvements	2,989
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,806
Accumulated Depreciation	$ 400

Schedule III - Real Estate As_3

Schedule III - Real Estate Assets and Accumulated Depreciation - 2 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	$ 334,476	$ 245,425	$ 158,805
CVS: | Vineland, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	813
Buildings and Improvements	2,926
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,739
Accumulated Depreciation	391
CVS: | Waynesboro, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	986
Buildings and Improvements	2,708
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,694
Accumulated Depreciation	351
CVS: | West Monroe, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,738
Buildings and Improvements	2,136
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,874
Accumulated Depreciation	279
Darien Towne Center: | Darien, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,200
Land	6,718
Buildings and Improvements	11,951
Total Adjustment to Basis	915
Gross Amount at Which Carried At December 31, 2018	19,584
Accumulated Depreciation	2,263
DaVita: | Riverview, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	199
Buildings and Improvements	2,322
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,521
Accumulated Depreciation	315
Decatur Commons: | Decatur, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,000
Land	2,478
Buildings and Improvements	9,333
Total Adjustment to Basis	848
Gross Amount at Which Carried At December 31, 2018	12,659
Accumulated Depreciation	1,479
Deltona Commons: | Deltona, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,767
Land	1,424
Buildings and Improvements	7,760
Total Adjustment to Basis	32
Gross Amount at Which Carried At December 31, 2018	9,216
Accumulated Depreciation	1,100
Dick’s PetSmart Center: | Oshkosh, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,445
Buildings and Improvements	6,599
Total Adjustment to Basis	(696)
Gross Amount at Which Carried At December 31, 2018	7,348
Accumulated Depreciation	0
Dick’s Sporting Goods: | Oklahoma City, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	1,198
Buildings and Improvements	7,838
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,036
Accumulated Depreciation	1,352
Dick’s Sporting Goods: | Oklahoma City, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,858
Land	685
Buildings and Improvements	10,587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,272
Accumulated Depreciation	1,782
Dollar General: | Abbeville, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	294
Buildings and Improvements	1,302
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,596
Accumulated Depreciation	148
Dollar General: | Akron, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	69
Buildings and Improvements	771
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	840
Accumulated Depreciation	113
Dollar General: | Akron, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	112
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,211
Accumulated Depreciation	159
Dollar General: | Alliance, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	97
Buildings and Improvements	812
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	909
Accumulated Depreciation	136
Dollar General: | Alton, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	94
Buildings and Improvements	922
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,016
Accumulated Depreciation	106
Dollar General: | Arapahoe, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	44
Buildings and Improvements	873
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	917
Accumulated Depreciation	102
Dollar General: | Asheville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	379
Buildings and Improvements	753
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,132
Accumulated Depreciation	124
Dollar General: | Ashville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	255
Buildings and Improvements	678
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	933
Accumulated Depreciation	123
Dollar General: | Atmore, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	243
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,101
Accumulated Depreciation	113
Dollar General: | Bainbridge, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	106
Buildings and Improvements	1,175
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,281
Accumulated Depreciation	182
Dollar General: | Belle, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	51
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	931
Accumulated Depreciation	102
Dollar General: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	104
Buildings and Improvements	1,196
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,300
Accumulated Depreciation	139
Dollar General: | Bessemer, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	142
Buildings and Improvements	941
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,083
Accumulated Depreciation	135
Dollar General: | Bloomfield, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	50
Buildings and Improvements	845
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	895
Accumulated Depreciation	92
Dollar General: | Blue Rapids, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	52
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	932
Accumulated Depreciation	101
Dollar General: | Bluefield, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	337
Buildings and Improvements	686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,023
Accumulated Depreciation	77
Dollar General: | Bokchito, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	59
Buildings and Improvements	859
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	918
Accumulated Depreciation	148
Dollar General: | Botkins, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	130
Buildings and Improvements	991
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,121
Accumulated Depreciation	150
Dollar General: | Brandon, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	292
Buildings and Improvements	871
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,163
Accumulated Depreciation	100
Dollar General: | Breaux Bridge, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	225
Buildings and Improvements	1,007
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,232
Accumulated Depreciation	166
Dollar General: | Broken Bow, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	91
Buildings and Improvements	878
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	969
Accumulated Depreciation	116
Dollar General: | Brownsville, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	264
Buildings and Improvements	943
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,207
Accumulated Depreciation	147
Dollar General: | Buffalo, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	122
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,221
Accumulated Depreciation	118
Dollar General: | Clay, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	305
Buildings and Improvements	768
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,073
Accumulated Depreciation	135
Dollar General: | Cleveland, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	158
Buildings and Improvements	856
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,014
Accumulated Depreciation	133
Dollar General: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	279
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,527
Accumulated Depreciation	181
Dollar General: | Conroe, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	167
Buildings and Improvements	946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,113
Accumulated Depreciation	148
Dollar General: | Crystal Springs, MS
Real Estate and Accumulated Depreciation [Line Items]
Land	463
Buildings and Improvements	3,027
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,490
Accumulated Depreciation	350
Dollar General: | Cullman, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	159
Buildings and Improvements	824
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	983
Accumulated Depreciation	98
Dollar General: | Decatur, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	133
Buildings and Improvements	986
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,119
Accumulated Depreciation	117
Dollar General: | Decatur, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	219
Buildings and Improvements	964
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,183
Accumulated Depreciation	108
Dollar General: | Delcambre, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	169
Buildings and Improvements	1,025
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,194
Accumulated Depreciation	145
Dollar General: | Delhi, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	301
Buildings and Improvements	1,033
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,334
Accumulated Depreciation	148
Dollar General: | Deridder, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	135
Buildings and Improvements	923
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,058
Accumulated Depreciation	131
Dollar General: | Deridder, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	176
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,081
Accumulated Depreciation	130
Dollar General: | Des Moines, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	166
Buildings and Improvements	943
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,109
Accumulated Depreciation	137
Dollar General: | Dora, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	124
Buildings and Improvements	935
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,059
Accumulated Depreciation	108
Dollar General: | Dundee, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	296
Buildings and Improvements	1,047
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,343
Accumulated Depreciation	138
Dollar General: | Edinburg, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	146
Buildings and Improvements	809
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	955
Accumulated Depreciation	98
Dollar General: | Eight Mile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	110
Buildings and Improvements	865
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	975
Accumulated Depreciation	106
Dollar General: | Elk Point, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	97
Buildings and Improvements	839
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	936
Accumulated Depreciation	99
Dollar General: | Ellerslie, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	247
Buildings and Improvements	797
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,044
Accumulated Depreciation	102
Dollar General: | Eufaula, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	300
Buildings and Improvements	930
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,230
Accumulated Depreciation	112
Dollar General: | Farmington, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	175
Buildings and Improvements	919
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,094
Accumulated Depreciation	106
Dollar General: | Fort Valley, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	514
Buildings and Improvements	2,436
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,950
Accumulated Depreciation	381
Dollar General: | Fred, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	93
Buildings and Improvements	929
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,022
Accumulated Depreciation	126
Dollar General: | Fruitport, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	100
Buildings and Improvements	968
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,068
Accumulated Depreciation	112
Dollar General: | Geneva, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	204
Buildings and Improvements	815
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,019
Accumulated Depreciation	146
Dollar General: | Geraldine, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	220
Buildings and Improvements	1,146
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,366
Accumulated Depreciation	144
Dollar General: | Greenwell Springs, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	444
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,285
Accumulated Depreciation	141
Dollar General: | Groveport, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	416
Buildings and Improvements	813
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,229
Accumulated Depreciation	137
Dollar General: | Hamilton, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	208
Buildings and Improvements	1,024
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,232
Accumulated Depreciation	116
Dollar General: | Hanceville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,232
Buildings and Improvements	1,488
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,720
Accumulated Depreciation	280
Dollar General: | Harlingen, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	144
Buildings and Improvements	853
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	997
Accumulated Depreciation	105
Dollar General: | Harvest, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	261
Buildings and Improvements	691
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	952
Accumulated Depreciation	126
Dollar General: | Harviell, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	50
Buildings and Improvements	818
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	868
Accumulated Depreciation	107
Dollar General: | Hastings, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	177
Buildings and Improvements	850
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,027
Accumulated Depreciation	98
Dollar General: | Hayneville, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	249
Buildings and Improvements	1,181
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,430
Accumulated Depreciation	141
Dollar General: | Hillsboro, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	262
Buildings and Improvements	956
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,218
Accumulated Depreciation	105
Dollar General: | Hinton, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	199
Buildings and Improvements	1,367
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,566
Accumulated Depreciation	152
Dollar General: | Homeworth, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	110
Buildings and Improvements	1,057
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,167
Accumulated Depreciation	142
Dollar General: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	311
Buildings and Improvements	1,102
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,413
Accumulated Depreciation	172
Dollar General: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	255
Buildings and Improvements	1,393
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,648
Accumulated Depreciation	187
Dollar General: | Huntsville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	177
Buildings and Improvements	847
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,024
Accumulated Depreciation	151
Dollar General: | Independence, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	170
Buildings and Improvements	1,072
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,242
Accumulated Depreciation	174
Dollar General: | Kansas City, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	283
Buildings and Improvements	1,068
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,351
Accumulated Depreciation	149
Dollar General: | Kansas City, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	233
Buildings and Improvements	1,054
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,287
Accumulated Depreciation	145
Dollar General: | Kasson, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	138
Buildings and Improvements	888
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,026
Accumulated Depreciation	112
Dollar General: | Kearney, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	141
Buildings and Improvements	851
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	992
Accumulated Depreciation	118
Dollar General: | Kinston, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	170
Buildings and Improvements	718
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	888
Accumulated Depreciation	131
Dollar General: | Kolona, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	81
Buildings and Improvements	868
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	949
Accumulated Depreciation	102
Dollar General: | Lake Charles, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	146
Buildings and Improvements	989
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,135
Accumulated Depreciation	142
Dollar General: | Lamesa, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	75
Buildings and Improvements	803
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	878
Accumulated Depreciation	97
Dollar General: | Lansing, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	232
Buildings and Improvements	939
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,171
Accumulated Depreciation	109
Dollar General: | Lebanon, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	177
Buildings and Improvements	882
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,059
Accumulated Depreciation	103
Dollar General: | Leicester, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	134
Buildings and Improvements	800
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	934
Accumulated Depreciation	121
Dollar General: | Lima, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	156
Buildings and Improvements	1,040
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,196
Accumulated Depreciation	164
Dollar General: | Linden, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	317
Buildings and Improvements	746
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,063
Accumulated Depreciation	112
Dollar General: | Lone Jack, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	152
Buildings and Improvements	960
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,112
Accumulated Depreciation	120
Dollar General: | Los Fresnos, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	55
Buildings and Improvements	867
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	922
Accumulated Depreciation	100
Dollar General: | Los Lunas, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	113
Buildings and Improvements	857
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	970
Accumulated Depreciation	108
Dollar General: | Louisburg, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	324
Buildings and Improvements	936
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,260
Accumulated Depreciation	115
Dollar General: | Loveland, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	241
Buildings and Improvements	1,065
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,306
Accumulated Depreciation	155
Dollar General: | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	468
Buildings and Improvements	641
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,109
Accumulated Depreciation	107
Dollar General: | Manhattan, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	194
Buildings and Improvements	921
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,115
Accumulated Depreciation	129
Dollar General: | Mansfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	72
Buildings and Improvements	1,226
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,298
Accumulated Depreciation	158
Dollar General: | Maple Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	92
Buildings and Improvements	893
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	985
Accumulated Depreciation	108
Dollar General: | Maynardville, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	238
Buildings and Improvements	754
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	992
Accumulated Depreciation	139
Dollar General: | Millbrook, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	320
Buildings and Improvements	1,175
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,495
Accumulated Depreciation	142
Dollar General: | Mission, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	182
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,040
Accumulated Depreciation	99
Dollar General: | Mobile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	139
Buildings and Improvements	1,005
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,144
Accumulated Depreciation	142
Dollar General: | Mobile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	410
Buildings and Improvements	1,059
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,469
Accumulated Depreciation	161
Dollar General: | Monroeville, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	131
Buildings and Improvements	1,069
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,200
Accumulated Depreciation	143
Dollar General: | Montgomery, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	140
Buildings and Improvements	909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,049
Accumulated Depreciation	103
Dollar General: | Moose Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	140
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,077
Accumulated Depreciation	113
Dollar General: | Moroa, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	111
Buildings and Improvements	921
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,032
Accumulated Depreciation	109
Dollar General: | Mt. Vernon, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	177
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,162
Accumulated Depreciation	119
Dollar General: | Nashville, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	215
Buildings and Improvements	2,533
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,748
Accumulated Depreciation	420
Dollar General: | Nashville, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	103
Buildings and Improvements	1,255
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,358
Accumulated Depreciation	156
Dollar General: | Navarre, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	153
Buildings and Improvements	1,005
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,158
Accumulated Depreciation	137
Dollar General: | Neoga, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	94
Buildings and Improvements	860
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	954
Accumulated Depreciation	97
Dollar General: | Ness City, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	21
Buildings and Improvements	860
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	881
Accumulated Depreciation	113
Dollar General: | New Philadelphia, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	129
Buildings and Improvements	1,100
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,229
Accumulated Depreciation	149
Dollar General: | New Washington, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	99
Buildings and Improvements	975
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,074
Accumulated Depreciation	148
Dollar General: | Newark, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	222
Buildings and Improvements	946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,168
Accumulated Depreciation	159
Dollar General: | Nitro, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	451
Buildings and Improvements	1,034
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,485
Accumulated Depreciation	120
Dollar General: | Nixa, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	235
Buildings and Improvements	806
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,041
Accumulated Depreciation	103
Dollar General: | North Lewisburg, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	59
Buildings and Improvements	1,008
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,067
Accumulated Depreciation	148
Dollar General: | Onawa, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	176
Buildings and Improvements	842
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,018
Accumulated Depreciation	104
Dollar General: | Opelousas, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	92
Buildings and Improvements	947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,039
Accumulated Depreciation	132
Dollar General: | Ortonville, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	113
Buildings and Improvements	907
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,020
Accumulated Depreciation	112
Dollar General: | Osceola, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	194
Buildings and Improvements	835
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,029
Accumulated Depreciation	84
Dollar General: | Oxford, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	465
Buildings and Improvements	783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,248
Accumulated Depreciation	113
Dollar General: | Palestine, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	155
Buildings and Improvements	893
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,048
Accumulated Depreciation	106
Dollar General: | Parchment, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	168
Buildings and Improvements	1,162
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,330
Accumulated Depreciation	$ 134

Schedule III - Real Estate As_4

Schedule III - Real Estate Assets and Accumulated Depreciation - 3 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	$ 334,476	$ 245,425	$ 158,805
Dollar General: | Park Hill, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	91
Buildings and Improvements	887
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	978
Accumulated Depreciation	143
Dollar General: | Parsons, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	166
Buildings and Improvements	1,136
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,302
Accumulated Depreciation	139
Dollar General: | Phenix City, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	331
Buildings and Improvements	718
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,049
Accumulated Depreciation	110
Dollar General: | Piedmont, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,037
Buildings and Improvements	1,579
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,616
Accumulated Depreciation	299
Dollar General: | Pike Road, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	477
Buildings and Improvements	772
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,249
Accumulated Depreciation	114
Dollar General: | Plain City, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	187
Buildings and Improvements	1,097
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,284
Accumulated Depreciation	144
Dollar General: | Port Clinton, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	120
Buildings and Improvements	1,070
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,190
Accumulated Depreciation	141
Dollar General: | Princeton, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	155
Buildings and Improvements	1,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,314
Accumulated Depreciation	132
Dollar General: | Pueblo, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	144
Buildings and Improvements	909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,053
Accumulated Depreciation	140
Dollar General: | Ragley, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	196
Buildings and Improvements	877
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,073
Accumulated Depreciation	128
Dollar General: | Rainsville, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	290
Buildings and Improvements	1,267
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,557
Accumulated Depreciation	149
Dollar General: | Ravenna, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	199
Buildings and Improvements	958
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,157
Accumulated Depreciation	119
Dollar General: | Rayne, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	125
Buildings and Improvements	910
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,035
Accumulated Depreciation	149
Dollar General: | Roanoke, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	93
Buildings and Improvements	846
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	939
Accumulated Depreciation	103
Dollar General: | Romney, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	87
Buildings and Improvements	827
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	914
Accumulated Depreciation	94
Dollar General: | Romulus, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	274
Buildings and Improvements	1,171
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,445
Accumulated Depreciation	144
Dollar General: | Russell, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	54
Buildings and Improvements	899
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	953
Accumulated Depreciation	107
Dollar General: | San Carlos, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	70
Buildings and Improvements	1,063
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,133
Accumulated Depreciation	129
Dollar General: | Seale, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	767
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,026
Accumulated Depreciation	110
Dollar General: | Seminole, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	175
Buildings and Improvements	829
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,004
Accumulated Depreciation	124
Dollar General: | Shelby, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	128
Buildings and Improvements	1,033
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,161
Accumulated Depreciation	128
Dollar General: | Slocomb, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	124
Buildings and Improvements	918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,042
Accumulated Depreciation	121
Dollar General: | Snead, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	126
Buildings and Improvements	1,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,263
Accumulated Depreciation	132
Dollar General: | South Bay, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	258
Buildings and Improvements	1,262
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,520
Accumulated Depreciation	151
Dollar General: | Spring, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	277
Buildings and Improvements	1,132
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,409
Accumulated Depreciation	154
Dollar General: | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	205
Buildings and Improvements	934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,139
Accumulated Depreciation	105
Dollar General: | Springfield, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	172
Buildings and Improvements	864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,036
Accumulated Depreciation	108
Dollar General: | Springfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	125
Buildings and Improvements	1,000
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,125
Accumulated Depreciation	142
Dollar General: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	229
Buildings and Improvements	1,102
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,331
Accumulated Depreciation	148
Dollar General: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	240
Buildings and Improvements	1,118
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,358
Accumulated Depreciation	148
Dollar General: | Superior, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	230
Buildings and Improvements	917
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,147
Accumulated Depreciation	127
Dollar General: | Temple, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	200
Buildings and Improvements	917
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,117
Accumulated Depreciation	139
Dollar General: | Theodore, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	248
Buildings and Improvements	763
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,011
Accumulated Depreciation	118
Dollar General: | Thibodaux, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	211
Buildings and Improvements	1,083
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,294
Accumulated Depreciation	153
Dollar General: | Toney, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	86
Buildings and Improvements	792
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	878
Accumulated Depreciation	137
Dollar General: | Topeka, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	159
Buildings and Improvements	873
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,032
Accumulated Depreciation	93
Dollar General: | Urbana, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	133
Buildings and Improvements	1,051
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,184
Accumulated Depreciation	132
Dollar General: | Volga, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	51
Buildings and Improvements	784
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	835
Accumulated Depreciation	92
Dollar General: | Wagener, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	477
Buildings and Improvements	1,169
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,646
Accumulated Depreciation	128
Dollar General: | Wakefield, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	78
Buildings and Improvements	929
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,007
Accumulated Depreciation	133
Dollar General: | Waterloo, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	330
Buildings and Improvements	908
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,238
Accumulated Depreciation	101
Dollar General: | Weslaco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	141
Buildings and Improvements	848
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	989
Accumulated Depreciation	98
Dollar General: | Weston, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	117
Buildings and Improvements	1,012
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,129
Accumulated Depreciation	148
Dollar General: | Wetumpka, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	290
Buildings and Improvements	779
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,069
Accumulated Depreciation	99
Dollar General: | Whitehouse, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	134
Buildings and Improvements	1,144
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,278
Accumulated Depreciation	153
Dollar General: | Whitwell, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	159
Buildings and Improvements	1,035
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,194
Accumulated Depreciation	190
Dollar General: | Wilmer, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	99
Buildings and Improvements	775
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	874
Accumulated Depreciation	114
Dollar General: | Winsted, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	152
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	993
Accumulated Depreciation	105
Dollar General: | Wisner, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	37
Buildings and Improvements	773
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	810
Accumulated Depreciation	97
Dollar General: | Woodville, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	169
Buildings and Improvements	1,009
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,178
Accumulated Depreciation	169
Dollar General: | Yatesville, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	120
Buildings and Improvements	797
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	917
Accumulated Depreciation	138
Dollar General: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	104
Buildings and Improvements	1,196
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,300
Accumulated Depreciation	139
Dollar Tree/Petco: | Humble, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	720
Buildings and Improvements	2,543
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,263
Accumulated Depreciation	403
Earth Fare: | Huntersville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,183
Land	1,439
Buildings and Improvements	2,973
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,412
Accumulated Depreciation	488
East Manchester Village Center: | Manchester, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,300
Land	2,517
Buildings and Improvements	12,672
Total Adjustment to Basis	183
Gross Amount at Which Carried At December 31, 2018	15,372
Accumulated Depreciation	1,773
East West Commons: | Austell, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	13,000
Land	10,094
Buildings and Improvements	16,034
Total Adjustment to Basis	3,844
Gross Amount at Which Carried At December 31, 2018	29,972
Accumulated Depreciation	2,251
Emerald Place: | Greenwood, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,250
Land	2,042
Buildings and Improvements	9,942
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,984
Accumulated Depreciation	1,471
Evergreen Marketplace: | Evergreen Park, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,823
Buildings and Improvements	6,239
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,062
Accumulated Depreciation	1,079
Family Center: | Riverdale, UT
Real Estate and Accumulated Depreciation [Line Items]
Land	21,716
Buildings and Improvements	29,454
Total Adjustment to Basis	(709)
Gross Amount at Which Carried At December 31, 2018	50,461
Accumulated Depreciation	4,391
Family Dollar: | Topeka, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	419
Buildings and Improvements	1,327
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,746
Accumulated Depreciation	165
Family Dollar: | Adelanto, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	463
Buildings and Improvements	1,711
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,174
Accumulated Depreciation	185
Family Dollar: | Aguila, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	129
Buildings and Improvements	1,290
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,419
Accumulated Depreciation	128
Family Dollar: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	347
Buildings and Improvements	925
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,272
Accumulated Depreciation	101
Family Dollar: | Apple Springs, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	91
Buildings and Improvements	804
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	895
Accumulated Depreciation	89
Family Dollar: | Arkadelphia, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	113
Buildings and Improvements	738
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	851
Accumulated Depreciation	75
Family Dollar: | Auburn, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	1,261
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,478
Accumulated Depreciation	140
Family Dollar: | Bagley, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	95
Buildings and Improvements	1,114
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,209
Accumulated Depreciation	142
Family Dollar: | Benavides, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	27
Buildings and Improvements	1,065
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,092
Accumulated Depreciation	148
Family Dollar: | Berry, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	122
Buildings and Improvements	880
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,002
Accumulated Depreciation	98
Family Dollar: | Bessemer, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	201
Buildings and Improvements	1,043
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,244
Accumulated Depreciation	140
Family Dollar: | Broadway, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	213
Buildings and Improvements	1,153
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,366
Accumulated Depreciation	132
Family Dollar: | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	500
Buildings and Improvements	831
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,331
Accumulated Depreciation	114
Family Dollar: | Brooksville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	206
Buildings and Improvements	791
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	997
Accumulated Depreciation	107
Family Dollar: | Cascade, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	267
Buildings and Improvements	1,147
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,414
Accumulated Depreciation	140
Family Dollar: | Cass Lake, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	157
Buildings and Improvements	1,107
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,264
Accumulated Depreciation	141
Family Dollar: | Cathedral City, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	658
Buildings and Improvements	1,908
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,566
Accumulated Depreciation	215
Family Dollar: | Charlotte, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	118
Buildings and Improvements	970
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,088
Accumulated Depreciation	136
Family Dollar: | Cheyenne, WY
Real Estate and Accumulated Depreciation [Line Items]
Land	148
Buildings and Improvements	986
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,134
Accumulated Depreciation	124
Family Dollar: | Coachella, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	450
Buildings and Improvements	1,634
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,084
Accumulated Depreciation	208
Family Dollar: | Colmesneil, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	172
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,030
Accumulated Depreciation	105
Family Dollar: | Comanche, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	176
Buildings and Improvements	1,145
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,321
Accumulated Depreciation	133
Family Dollar: | Cordes Lakes, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	380
Buildings and Improvements	1,421
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,801
Accumulated Depreciation	156
Family Dollar: | Davenport, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	298
Buildings and Improvements	964
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,262
Accumulated Depreciation	104
Family Dollar: | Davenport, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	167
Buildings and Improvements	918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,085
Accumulated Depreciation	101
Family Dollar: | Dawson, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	41
Buildings and Improvements	799
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	840
Accumulated Depreciation	89
Family Dollar: | Deadwood, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	132
Buildings and Improvements	1,139
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,271
Accumulated Depreciation	128
Family Dollar: | Des Moines, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	290
Buildings and Improvements	1,126
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,416
Accumulated Depreciation	123
Family Dollar: | East Millinocket, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	161
Buildings and Improvements	1,004
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,165
Accumulated Depreciation	121
Family Dollar: | Eden, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	82
Buildings and Improvements	903
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	985
Accumulated Depreciation	118
Family Dollar: | Elizabethtown, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	107
Buildings and Improvements	671
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	778
Accumulated Depreciation	83
Family Dollar: | Eloy, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	86
Buildings and Improvements	1,587
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,673
Accumulated Depreciation	170
Family Dollar: | Empire, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	239
Buildings and Improvements	1,527
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,766
Accumulated Depreciation	181
Family Dollar: | Erwinville, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	146
Buildings and Improvements	765
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	911
Accumulated Depreciation	76
Family Dollar: | Evans, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	201
Buildings and Improvements	817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,018
Accumulated Depreciation	91
Family Dollar: | Findlay, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	326
Buildings and Improvements	1,271
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,597
Accumulated Depreciation	173
Family Dollar: | Ft. Lauderdale, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	443
Buildings and Improvements	1,361
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,804
Accumulated Depreciation	175
Family Dollar: | Fort Thomas, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	49
Buildings and Improvements	1,173
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,222
Accumulated Depreciation	146
Family Dollar: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	532
Buildings and Improvements	1,346
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,878
Accumulated Depreciation	153
Family Dollar: | Franklin, NH
Real Estate and Accumulated Depreciation [Line Items]
Land	307
Buildings and Improvements	1,214
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,521
Accumulated Depreciation	117
Family Dollar: | Frederica, DE
Real Estate and Accumulated Depreciation [Line Items]
Land	392
Buildings and Improvements	1,164
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,556
Accumulated Depreciation	113
Family Dollar: | Fresno, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	488
Buildings and Improvements	1,553
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,041
Accumulated Depreciation	200
Family Dollar: | Garrison, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	61
Buildings and Improvements	1,306
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,367
Accumulated Depreciation	136
Family Dollar: | Georgetown, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	607
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,512
Accumulated Depreciation	101
Family Dollar: | Gering, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	244
Buildings and Improvements	913
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,157
Accumulated Depreciation	106
Family Dollar: | Greene, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	251
Buildings and Improvements	940
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,191
Accumulated Depreciation	112
Family Dollar: | Greenwood, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	154
Buildings and Improvements	920
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,074
Accumulated Depreciation	109
Family Dollar: | Hawkins, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	49
Buildings and Improvements	1,288
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,337
Accumulated Depreciation	147
Family Dollar: | Hempstead, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	219
Buildings and Improvements	943
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,162
Accumulated Depreciation	99
Family Dollar: | Hettinger, ND
Real Estate and Accumulated Depreciation [Line Items]
Land	214
Buildings and Improvements	1,077
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,291
Accumulated Depreciation	148
Family Dollar: | Hodgenville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	202
Buildings and Improvements	783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	985
Accumulated Depreciation	91
Family Dollar: | Holtville, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	317
Buildings and Improvements	1,609
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,926
Accumulated Depreciation	205
Family Dollar: | Homestead, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	325
Buildings and Improvements	1,001
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,326
Accumulated Depreciation	107
Family Dollar: | Homosassa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	575
Buildings and Improvements	1,470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,045
Accumulated Depreciation	122
Family Dollar: | Immokalee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	458
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,706
Accumulated Depreciation	142
Family Dollar: | Indio, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	393
Buildings and Improvements	1,636
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,029
Accumulated Depreciation	194
Family Dollar: | Irvington, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	814
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,031
Accumulated Depreciation	112
Family Dollar: | Jacksonville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	134
Buildings and Improvements	1,157
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,291
Accumulated Depreciation	$ 126

Schedule III - Real Estate As_5

Schedule III - Real Estate Assets and Accumulated Depreciation - 4 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	$ 334,476	$ 245,425	$ 158,805
Family Dollar: | Jay, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	190
Buildings and Improvements	1,002
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,192
Accumulated Depreciation	139
Family Dollar: | Jonesboro, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	297
Buildings and Improvements	1,098
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,395
Accumulated Depreciation	143
Family Dollar: | Keller, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	749
Buildings and Improvements	1,550
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,299
Accumulated Depreciation	192
Family Dollar: | Kersey, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	238
Buildings and Improvements	904
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,142
Accumulated Depreciation	112
Family Dollar: | Kiowa, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	193
Buildings and Improvements	947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,140
Accumulated Depreciation	110
Family Dollar: | Kissimmee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	622
Buildings and Improvements	1,226
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,848
Accumulated Depreciation	145
Family Dollar: | La Salle, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	239
Buildings and Improvements	890
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,129
Accumulated Depreciation	99
Family Dollar: | LaBelle, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	268
Buildings and Improvements	1,037
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,305
Accumulated Depreciation	141
Family Dollar: | Lake Elsinor, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	417
Buildings and Improvements	1,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,099
Accumulated Depreciation	210
Family Dollar: | Lakeland, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	353
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,290
Accumulated Depreciation	116
Family Dollar: | Laredo, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	302
Buildings and Improvements	1,039
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,341
Accumulated Depreciation	117
Family Dollar: | Levelland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	264
Buildings and Improvements	952
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,216
Accumulated Depreciation	110
Family Dollar: | Little Rock, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	499
Buildings and Improvements	1,730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,229
Accumulated Depreciation	176
Family Dollar: | Lorain, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	320
Buildings and Improvements	995
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,315
Accumulated Depreciation	122
Family Dollar: | Louisville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	578
Buildings and Improvements	919
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,497
Accumulated Depreciation	119
Family Dollar: | Louisville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	480
Buildings and Improvements	934
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,414
Accumulated Depreciation	115
Family Dollar: | Mansfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	849
Buildings and Improvements	1,189
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,038
Accumulated Depreciation	155
Family Dollar: | Melbourne, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	362
Buildings and Improvements	883
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,245
Accumulated Depreciation	115
Family Dollar: | Mertzon, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	149
Buildings and Improvements	995
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,144
Accumulated Depreciation	124
Family Dollar: | Mesa, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	627
Buildings and Improvements	1,468
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,095
Accumulated Depreciation	179
Family Dollar: | Miami, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	584
Buildings and Improvements	1,490
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,074
Accumulated Depreciation	144
Family Dollar: | Milo, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	138
Buildings and Improvements	1,122
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,260
Accumulated Depreciation	130
Family Dollar: | Monroe, UT
Real Estate and Accumulated Depreciation [Line Items]
Land	272
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,257
Accumulated Depreciation	110
Family Dollar: | Moore Haven, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	348
Buildings and Improvements	1,016
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,364
Accumulated Depreciation	132
Family Dollar: | Moulton, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	102
Buildings and Improvements	973
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,075
Accumulated Depreciation	136
Family Dollar: | Naubinway, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	47
Buildings and Improvements	1,180
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,227
Accumulated Depreciation	144
Family Dollar: | New Summerfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	230
Buildings and Improvements	851
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,081
Accumulated Depreciation	104
Family Dollar: | Nicholasville, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	464
Buildings and Improvements	826
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,290
Accumulated Depreciation	107
Family Dollar: | North Charleston, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	386
Buildings and Improvements	997
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,383
Accumulated Depreciation	109
Family Dollar: | Omaha, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	86
Buildings and Improvements	1,427
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,513
Accumulated Depreciation	143
Family Dollar: | Ordway, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	81
Buildings and Improvements	993
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,074
Accumulated Depreciation	112
Family Dollar: | Oshkosh, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	361
Buildings and Improvements	815
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,176
Accumulated Depreciation	107
Family Dollar: | Ossineke, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	85
Buildings and Improvements	898
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	983
Accumulated Depreciation	108
Family Dollar: | Palmdale, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	372
Buildings and Improvements	1,822
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,194
Accumulated Depreciation	180
Family Dollar: | Penitas, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	182
Buildings and Improvements	1,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,235
Accumulated Depreciation	135
Family Dollar: | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	509
Buildings and Improvements	791
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,300
Accumulated Depreciation	104
Family Dollar: | Pine Lake, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	639
Buildings and Improvements	897
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,536
Accumulated Depreciation	108
Family Dollar: | Pittsfield, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	334
Buildings and Improvements	1,258
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,592
Accumulated Depreciation	130
Family Dollar: | Plainview, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	112
Buildings and Improvements	774
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	886
Accumulated Depreciation	100
Family Dollar: | Poinciana, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	501
Buildings and Improvements	1,186
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,687
Accumulated Depreciation	135
Family Dollar: | Pojoaque, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	545
Buildings and Improvements	909
Total Adjustment to Basis	41
Gross Amount at Which Carried At December 31, 2018	1,495
Accumulated Depreciation	105
Family Dollar: | Posen, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	101
Buildings and Improvements	896
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	997
Accumulated Depreciation	107
Family Dollar: | Preston, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	161
Buildings and Improvements	1,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,320
Accumulated Depreciation	147
Family Dollar: | Punta Gorda, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	345
Buildings and Improvements	1,018
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,363
Accumulated Depreciation	83
Family Dollar: | Radium Springs, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	129
Buildings and Improvements	1,086
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,215
Accumulated Depreciation	141
Family Dollar: | Ramah, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	1,105
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,322
Accumulated Depreciation	135
Family Dollar: | Rex, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	294
Buildings and Improvements	1,393
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,687
Accumulated Depreciation	151
Family Dollar: | Richmond, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	252
Buildings and Improvements	1,026
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,278
Accumulated Depreciation	120
Family Dollar: | Riverside, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	736
Buildings and Improvements	1,558
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,294
Accumulated Depreciation	192
Family Dollar: | Robert Lee, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	94
Buildings and Improvements	904
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	998
Accumulated Depreciation	118
Family Dollar: | Rushford, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	163
Buildings and Improvements	844
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,007
Accumulated Depreciation	112
Family Dollar: | Saginaw, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	240
Buildings and Improvements	956
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,196
Accumulated Depreciation	108
Family Dollar: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	421
Buildings and Improvements	951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,372
Accumulated Depreciation	113
Family Dollar: | San Jacinto, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	430
Buildings and Improvements	1,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,112
Accumulated Depreciation	195
Family Dollar: | Schuyler, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	260
Buildings and Improvements	708
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	968
Accumulated Depreciation	90
Family Dollar: | Shreveport, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	406
Buildings and Improvements	978
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,384
Accumulated Depreciation	121
Family Dollar: | Shreveport, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	272
Buildings and Improvements	1,113
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,385
Accumulated Depreciation	132
Family Dollar: | Shreveport, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	423
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,522
Accumulated Depreciation	122
Family Dollar: | South Paris, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	173
Buildings and Improvements	1,240
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,413
Accumulated Depreciation	144
Family Dollar: | Spring Hill, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	278
Buildings and Improvements	1,249
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,527
Accumulated Depreciation	100
Family Dollar: | Spurger, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	86
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	991
Accumulated Depreciation	106
Family Dollar: | Statesboro, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	347
Buildings and Improvements	800
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,147
Accumulated Depreciation	107
Family Dollar: | Sterling City, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	78
Buildings and Improvements	889
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	967
Accumulated Depreciation	117
Family Dollar: | Stockton, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	202
Buildings and Improvements	1,817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,019
Accumulated Depreciation	203
Family Dollar: | Taft, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	255
Buildings and Improvements	1,422
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,677
Accumulated Depreciation	200
Family Dollar: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	563
Buildings and Improvements	737
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,300
Accumulated Depreciation	101
Family Dollar: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	482
Buildings and Improvements	920
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,402
Accumulated Depreciation	124
Family Dollar: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	568
Buildings and Improvements	1,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,705
Accumulated Depreciation	141
Family Dollar: | Terra Bella, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	332
Buildings and Improvements	1,394
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,726
Accumulated Depreciation	178
Family Dollar: | Topeka, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	419
Buildings and Improvements	1,327
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,746
Accumulated Depreciation	165
Family Dollar: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	399
Buildings and Improvements	1,599
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,998
Accumulated Depreciation	166
Family Dollar: | Tyler, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	73
Buildings and Improvements	895
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	968
Accumulated Depreciation	117
Family Dollar: | Tuscaloosa, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	534
Buildings and Improvements	817
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,351
Accumulated Depreciation	113
Family Dollar: | Valdosta, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	424
Buildings and Improvements	849
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,273
Accumulated Depreciation	111
Family Dollar: | Vine Grove, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	205
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,171
Accumulated Depreciation	101
Family Dollar: | Waelder, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	136
Buildings and Improvements	788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	924
Accumulated Depreciation	98
Family Dollar: | Waldoboro, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	211
Buildings and Improvements	1,123
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,334
Accumulated Depreciation	103
Family Dollar: | Wayne, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	37
Buildings and Improvements	937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	974
Accumulated Depreciation	115
Family Dollar: | Wild Rose, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	133
Buildings and Improvements	866
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	999
Accumulated Depreciation	103
Fleet Pride: | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	376
Buildings and Improvements	2,607
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,983
Accumulated Depreciation	311
Flower Foods: | Orlando, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	418
Buildings and Improvements	387
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	805
Accumulated Depreciation	44
Flower Foods: | Waldorf, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	398
Buildings and Improvements	1,045
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,443
Accumulated Depreciation	132
Food 4 Less: | Atwater, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,383
Buildings and Improvements	5,271
Total Adjustment to Basis	4
Gross Amount at Which Carried At December 31, 2018	6,658
Accumulated Depreciation	769
Fountain Square: | Brookfield, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	6,508
Buildings and Improvements	28,634
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	35,142
Accumulated Depreciation	1,827
Fourth Creek Landing: | Statesville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,700
Land	1,375
Buildings and Improvements	7,795
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,170
Accumulated Depreciation	1,543
Fresenius Medical Care: | West Plains, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	557
Buildings and Improvements	3,097
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,654
Accumulated Depreciation	359
Fresh Market Center: | Glen Ellyn, IL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,750
Land	2,767
Buildings and Improvements	6,403
Total Adjustment to Basis	(1,863)
Gross Amount at Which Carried At December 31, 2018	7,307
Accumulated Depreciation	0
Fresh Thyme: | Indianapolis, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,087
Buildings and Improvements	6,019
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,106
Accumulated Depreciation	738
Fresh Thyme: | Northville, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,598
Buildings and Improvements	7,796
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,394
Accumulated Depreciation	660
Fresh Thyme & DSW: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,740
Buildings and Improvements	4,153
Total Adjustment to Basis	612
Gross Amount at Which Carried At December 31, 2018	6,505
Accumulated Depreciation	550
Gabe’s Hobby Lobby: | Harrisonburg, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,796
Buildings and Improvements	7,637
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	10,433
Accumulated Depreciation	546
Giant Eagle: | Seven Fields, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,530
Land	1,574
Buildings and Improvements	13,659
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	15,233
Accumulated Depreciation	1,637
Gold's Gym: | Corpus Christi, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,498
Buildings and Improvements	6,346
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,844
Accumulated Depreciation	996
Golden Corral: | Garland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,255
Buildings and Improvements	2,435
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,690
Accumulated Depreciation	414
Golden Corral: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,375
Buildings and Improvements	2,350
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,725
Accumulated Depreciation	388
Golden Corral: | Victoria, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	673
Buildings and Improvements	2,857
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,530
Accumulated Depreciation	330
Goodyear: | Pooler, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	569
Buildings and Improvements	1,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,053
Accumulated Depreciation	238
Harbor Town Center: | Manitowoc, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,750
Land	3,568
Buildings and Improvements	13,209
Total Adjustment to Basis	(1,884)
Gross Amount at Which Carried At December 31, 2018	14,893
Accumulated Depreciation	0
Harps Foods: | Gentry, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	224
Buildings and Improvements	2,680
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,904
Accumulated Depreciation	104
Harps Foods: | Green Forest, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	96
Buildings and Improvements	3,163
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,259
Accumulated Depreciation	98
Harps Foods: | Lincoln, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	329
Buildings and Improvements	3,668
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,997
Accumulated Depreciation	159
Harps Foods: | Noel, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	78
Buildings and Improvements	885
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	963
Accumulated Depreciation	34
Harps Foods: | Pocahontas, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	557
Buildings and Improvements	3,379
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,936
Accumulated Depreciation	174
Harps Foods: | Vilonia, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	406
Buildings and Improvements	4,028
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,434
Accumulated Depreciation	204
Haverty Furniture: | Midland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	709
Buildings and Improvements	1,294
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,003
Accumulated Depreciation	280
HEB Center: | Waxahachie, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,000
Land	3,465
Buildings and Improvements	7,952
Total Adjustment to Basis	273
Gross Amount at Which Carried At December 31, 2018	11,690
Accumulated Depreciation	1,401
Hickory Flat Commons: | Canton, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,850
Land	4,482
Buildings and Improvements	13,174
Total Adjustment to Basis	164
Gross Amount at Which Carried At December 31, 2018	17,820
Accumulated Depreciation	2,221
Hobby Lobby: | Burlington, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	629
Buildings and Improvements	1,890
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,519
Accumulated Depreciation	176
Hobby Lobby: | Dickson City, PA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,113
Buildings and Improvements	7,946
Total Adjustment to Basis	(1,728)
Gross Amount at Which Carried At December 31, 2018	7,331
Accumulated Depreciation	166
Hobby Lobby: | Lewisville, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	2,184
Buildings and Improvements	8,977
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,161
Accumulated Depreciation	1,264
Hobby Lobby: | Mooresville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	869
Buildings and Improvements	4,249
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,118
Accumulated Depreciation	907
Home Depot: | Lincoln, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	6,339
Buildings and Improvements	5,937
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,276
Accumulated Depreciation	513
Home Depot: | North Canton, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,234
Land	2,203
Buildings and Improvements	12,012
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	14,215
Accumulated Depreciation	1,958
Home Depot: | Plainwell, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	521
Buildings and Improvements	11,905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,426
Accumulated Depreciation	1,705
IHOP: | Rio Rancho, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	599
Buildings and Improvements	2,314
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,913
Accumulated Depreciation	277
Inglewood Plaza: | Inglewood, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,700
Land	9,880
Buildings and Improvements	14,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	23,979
Accumulated Depreciation	1,638
Jewel-Osco | Plainfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,107
Buildings and Improvements	9,044
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,151
Accumulated Depreciation	34
Kirklands: | Dothan, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	486
Buildings and Improvements	946
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,432
Accumulated Depreciation	145
Kirklands: | Jonesboro, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	696
Buildings and Improvements	1,990
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,686
Accumulated Depreciation	305
Kohl’s: | Cedar Falls, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,600
Buildings and Improvements	5,796
Total Adjustment to Basis	406
Gross Amount at Which Carried At December 31, 2018	7,802
Accumulated Depreciation	949
Kohl’s: | Chartlottesville, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,745
Land	3,929
Buildings and Improvements	12,280
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	16,209
Accumulated Depreciation	1,420
Kohl’s: | Easton, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	2,962
Buildings and Improvements	2,661
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,623
Accumulated Depreciation	202
Kohl’s: | Hutchinson, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	3,290
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,290
Accumulated Depreciation	0
Kroger: | Shelton, WA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,180
Buildings and Improvements	11,040
Total Adjustment to Basis	7
Gross Amount at Which Carried At December 31, 2018	12,227
Accumulated Depreciation	1,509
Kroger: | Whitehall, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,066
Land	581
Buildings and Improvements	6,628
Total Adjustment to Basis	224
Gross Amount at Which Carried At December 31, 2018	7,433
Accumulated Depreciation	971
Kum & Go: | Bentonville, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	916
Buildings and Improvements	1,864
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,780
Accumulated Depreciation	276
Kum & Go: | Conway, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	510
Buildings and Improvements	2,577
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,087
Accumulated Depreciation	297
Kum & Go: | Fairfield, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	422
Buildings and Improvements	1,913
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,335
Accumulated Depreciation	285
Kum & Go: | Mount Vernon, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	708
Buildings and Improvements	1,756
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,464
Accumulated Depreciation	261
Kum & Go: | Urbandale, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	722
Buildings and Improvements	1,658
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,380
Accumulated Depreciation	248
LA Fitness: | Mesa, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,353
Buildings and Improvements	7,730
Total Adjustment to Basis	20
Gross Amount at Which Carried At December 31, 2018	9,103
Accumulated Depreciation	1,222
LA Fitness: | Riverside, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,557
Buildings and Improvements	9,951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,508
Accumulated Depreciation	1,440
LA Fitness: | Garland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	2,005
Buildings and Improvements	6,861
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,866
Accumulated Depreciation	907
LA Fitness: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	5,764
Buildings and Improvements	5,994
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,758
Accumulated Depreciation	843
LA Fitness: | Bloomfield Township, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,287
Buildings and Improvements	10,075
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,362
Accumulated Depreciation	1,573
LA Fitness: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	1,013
Buildings and Improvements	6,734
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,747
Accumulated Depreciation	688
LA Fitness: | New Lenox, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,965
Buildings and Improvements	6,257
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,222
Accumulated Depreciation	497
LA Fitness: | Ocoee, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,173
Buildings and Improvements	6,876
Total Adjustment to Basis	231
Gross Amount at Which Carried At December 31, 2018	8,280
Accumulated Depreciation	1,029
Lafayette Pavilions: | Lafayette, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	7,632
Buildings and Improvements	42,497
Total Adjustment to Basis	6,057
Gross Amount at Which Carried At December 31, 2018	56,186
Accumulated Depreciation	$ 5,416

Schedule III - Real Estate As_6

Schedule III - Real Estate Assets and Accumulated Depreciation - 5 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	$ 334,476	$ 245,425	$ 158,805
Logan’s Roadhouse: | Bristol, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	991
Buildings and Improvements	2,560
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,551
Accumulated Depreciation	424
Logan’s Roadhouse: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	868
Buildings and Improvements	2,698
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,566
Accumulated Depreciation	323
Logan’s Roadhouse: | Lancaster, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,203
Buildings and Improvements	1,620
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,823
Accumulated Depreciation	273
Logan’s Roadhouse: | Martinsburg, WV
Real Estate and Accumulated Depreciation [Line Items]
Land	925
Buildings and Improvements	2,183
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,108
Accumulated Depreciation	289
Logan’s Roadhouse: | Opelika, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	836
Buildings and Improvements	1,508
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,344
Accumulated Depreciation	257
Logan’s Roadhouse: | Sanford, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,031
Buildings and Improvements	1,807
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,838
Accumulated Depreciation	306
Logan’s Roadhouse: | Troy, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	992
Buildings and Improvements	1,577
Total Adjustment to Basis	(1,383)
Gross Amount at Which Carried At December 31, 2018	1,186
Accumulated Depreciation	46
Longhorn Steakhouse: | Chesterfield, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	2,695
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,695
Accumulated Depreciation	0
Lord Salisbury Center: | Salisbury, MD
Real Estate and Accumulated Depreciation [Line Items]
Land	6,949
Buildings and Improvements	12,179
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	19,128
Accumulated Depreciation	1,426
Lowe’s: | Adrian, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,604
Buildings and Improvements	5,036
Total Adjustment to Basis	30
Gross Amount at Which Carried At December 31, 2018	7,670
Accumulated Depreciation	922
Lowe’s: | Alpharetta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,300
Land	7,979
Buildings and Improvements	9,630
Total Adjustment to Basis	403
Gross Amount at Which Carried At December 31, 2018	18,012
Accumulated Depreciation	1,022
Lowe’s: | Asheboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,098
Buildings and Improvements	6,722
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,820
Accumulated Depreciation	824
Lowe’s: | Cincinnati, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	14,092
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	14,092
Accumulated Depreciation	0
Lowe’s: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,964
Land	3,943
Buildings and Improvements	6,353
Total Adjustment to Basis	750
Gross Amount at Which Carried At December 31, 2018	11,046
Accumulated Depreciation	1,058
Lowe’s: | Covington, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,648
Land	10,233
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	10,233
Accumulated Depreciation	0
Lowe’s: | Hilliard, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,859
Land	5,474
Buildings and Improvements	6,288
Total Adjustment to Basis	20
Gross Amount at Which Carried At December 31, 2018	11,782
Accumulated Depreciation	679
Lowe’s: | Lilburn, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,500
Land	8,817
Buildings and Improvements	9,380
Total Adjustment to Basis	385
Gross Amount at Which Carried At December 31, 2018	18,582
Accumulated Depreciation	990
Lowe’s: | Mansfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	873
Buildings and Improvements	8,256
Total Adjustment to Basis	26
Gross Amount at Which Carried At December 31, 2018	9,155
Accumulated Depreciation	1,033
Lowe’s: | Marietta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,000
Land	7,471
Buildings and Improvements	8,404
Total Adjustment to Basis	392
Gross Amount at Which Carried At December 31, 2018	16,267
Accumulated Depreciation	900
Lowe’s: | Oxford, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,668
Buildings and Improvements	7,622
Total Adjustment to Basis	369
Gross Amount at Which Carried At December 31, 2018	9,659
Accumulated Depreciation	1,324
Lowe’s: | Tuscaloosa, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	4,908
Buildings and Improvements	4,786
Total Adjustment to Basis	9
Gross Amount at Which Carried At December 31, 2018	9,703
Accumulated Depreciation	712
Lowe’s: | Woodstock, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,200
Land	7,316
Buildings and Improvements	8,879
Total Adjustment to Basis	392
Gross Amount at Which Carried At December 31, 2018	16,587
Accumulated Depreciation	949
Lowe’s: | Zanesville, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	2,161
Buildings and Improvements	8,375
Total Adjustment to Basis	298
Gross Amount at Which Carried At December 31, 2018	10,834
Accumulated Depreciation	1,159
Market Heights Shopping Center: | Harker Heights, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	47,000
Land	12,888
Buildings and Improvements	64,105
Total Adjustment to Basis	641
Gross Amount at Which Carried At December 31, 2018	77,634
Accumulated Depreciation	10,214
Marketplace at the Lakes: | West Covina, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,300
Land	10,020
Buildings and Improvements	8,664
Total Adjustment to Basis	12
Gross Amount at Which Carried At December 31, 2018	18,696
Accumulated Depreciation	2,403
Matteson Center: | Matteson, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,243
Buildings and Improvements	17,427
Total Adjustment to Basis	(2,736)
Gross Amount at Which Carried At December 31, 2018	15,934
Accumulated Depreciation	0
Mattress Firm: | Cincinnati, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	323
Buildings and Improvements	966
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,289
Accumulated Depreciation	115
Mattress Firm: | Ashtabula, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	301
Buildings and Improvements	1,965
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,266
Accumulated Depreciation	159
Mattress Firm: | Augusta, ME
Real Estate and Accumulated Depreciation [Line Items]
Land	723
Buildings and Improvements	1,354
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,077
Accumulated Depreciation	195
Mattress Firm: | Brunswick, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	343
Buildings and Improvements	1,040
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,383
Accumulated Depreciation	157
Mattress Firm: | Huber Heights, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	854
Buildings and Improvements	903
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,757
Accumulated Depreciation	111
Mattress Firm: | Jonesboro, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	729
Buildings and Improvements	1,194
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,923
Accumulated Depreciation	252
Mattress Firm: | Lakeland, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	1,107
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,366
Accumulated Depreciation	144
Mattress Firm: | Martinsville, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	259
Buildings and Improvements	1,510
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,769
Accumulated Depreciation	154
Mattress Firm: | Middletown, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	142
Buildings and Improvements	1,384
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,526
Accumulated Depreciation	128
Mattress Firm: | New Bern, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	340
Buildings and Improvements	1,436
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,776
Accumulated Depreciation	164
Mattress Firm: | Pineville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,557
Buildings and Improvements	1,198
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,755
Accumulated Depreciation	226
Mattress Firm: | Port Charlotte, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	382
Buildings and Improvements	1,211
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,593
Accumulated Depreciation	143
Mattress Firm: | Thomasville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	694
Buildings and Improvements	1,469
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,163
Accumulated Depreciation	117
Mattress Firm & Aspen Dental: | Vienna, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	774
Buildings and Improvements	2,466
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,240
Accumulated Depreciation	356
Mattress Firm & Five Guys: | Muskegon, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	813
Buildings and Improvements	1,766
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,579
Accumulated Depreciation	205
McAlister’s Deli: | Lawton, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	805
Buildings and Improvements	1,057
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,862
Accumulated Depreciation	136
McAlister’s Deli: | Port Arthur, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	379
Buildings and Improvements	1,146
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,525
Accumulated Depreciation	166
McGowin Park: | Mobile, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	42,765
Land	2,243
Buildings and Improvements	69,357
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	71,600
Accumulated Depreciation	3,775
Melody Mountain: | Ashland, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,376
Land	1,286
Buildings and Improvements	9,879
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,165
Accumulated Depreciation	871
Men’s Wearhouse: | Fort Wayne, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	421
Buildings and Improvements	2,125
Total Adjustment to Basis	78
Gross Amount at Which Carried At December 31, 2018	2,624
Accumulated Depreciation	154
Merchants Tire & Auto: | Wake Forest, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	782
Buildings and Improvements	1,730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,512
Accumulated Depreciation	150
Michael’s: | Bowling Green, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	587
Buildings and Improvements	1,992
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,579
Accumulated Depreciation	378
Mister Car Wash: | Athens, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	383
Buildings and Improvements	1,150
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,533
Accumulated Depreciation	43
Mister Car Wash: | Decatur, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	257
Buildings and Improvements	559
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	816
Accumulated Depreciation	23
Mister Car Wash: | Decatur, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	486
Buildings and Improvements	1,253
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,739
Accumulated Depreciation	54
Mister Car Wash: | Decatur, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	359
Buildings and Improvements	1,152
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,511
Accumulated Depreciation	49
Mister Car Wash: | Hartselle, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	360
Buildings and Improvements	569
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	929
Accumulated Depreciation	24
Mister Car Wash: | Madison, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	562
Buildings and Improvements	1,139
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,701
Accumulated Depreciation	49
Morganton Heights: | Morganton, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	22,800
Land	7,032
Buildings and Improvements	29,763
Total Adjustment to Basis	30
Gross Amount at Which Carried At December 31, 2018	36,825
Accumulated Depreciation	4,393
National Tire & Battery: | Cedar Hill, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	469
Buildings and Improvements	1,951
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,420
Accumulated Depreciation	302
National Tire & Battery: | Cypress, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	910
Buildings and Improvements	2,224
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,134
Accumulated Depreciation	207
National Tire & Battery: | Flower Mound, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	779
Buildings and Improvements	2,449
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,228
Accumulated Depreciation	218
National Tire & Battery: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	936
Buildings and Improvements	1,234
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,170
Accumulated Depreciation	176
National Tire & Battery: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	730
Buildings and Improvements	2,309
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,039
Accumulated Depreciation	206
National Tire & Battery: | Frisco, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	844
Buildings and Improvements	1,608
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,452
Accumulated Depreciation	228
National Tire & Battery: | Montgomery, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	516
Buildings and Improvements	2,494
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,010
Accumulated Depreciation	387
National Tire & Battery: | North Richland Hills, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	513
Buildings and Improvements	2,579
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,092
Accumulated Depreciation	236
National Tire & Battery: | Pasadena, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	908
Buildings and Improvements	2,307
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,215
Accumulated Depreciation	214
National Tire & Battery: | Pearland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,016
Buildings and Improvements	2,040
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,056
Accumulated Depreciation	185
National Tire & Battery: | Plano, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,292
Buildings and Improvements	2,197
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,489
Accumulated Depreciation	199
National Tire & Battery: | Tomball, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	838
Buildings and Improvements	2,229
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,067
Accumulated Depreciation	201
Native Wings: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	821
Buildings and Improvements	2,682
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,503
Accumulated Depreciation	318
Natural Grocers: | Denton, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,326
Buildings and Improvements	3,134
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,460
Accumulated Depreciation	455
Natural Grocers: | Idaho Falls, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	833
Buildings and Improvements	2,316
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,149
Accumulated Depreciation	299
Natural Grocers: | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,093
Buildings and Improvements	3,621
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,714
Accumulated Depreciation	532
Nordstrom Rack: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,880
Land	3,371
Buildings and Improvements	6,402
Total Adjustment to Basis	(980)
Gross Amount at Which Carried At December 31, 2018	8,793
Accumulated Depreciation	317
North Logan Commons: | Loganville, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,535
Buildings and Improvements	11,826
Total Adjustment to Basis	28
Gross Amount at Which Carried At December 31, 2018	16,389
Accumulated Depreciation	1,124
Northwest Plaza: | Tampa, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,816
Buildings and Improvements	4,834
Total Adjustment to Basis	(6,650)
Gross Amount at Which Carried At December 31, 2018	0
Accumulated Depreciation	0
O’Reilly Auto Parts: | Brownfield, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	22
Buildings and Improvements	835
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	857
Accumulated Depreciation	148
O’Reilly Auto Parts: | Clayton, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	501
Buildings and Improvements	945
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,446
Accumulated Depreciation	72
O’Reilly Auto Parts: | Columbus, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	260
Buildings and Improvements	757
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,017
Accumulated Depreciation	127
O’Reilly Auto Parts: | Lamesa, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	64
Buildings and Improvements	608
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	672
Accumulated Depreciation	63
O’Reilly Auto Parts: | Stanley, ND
Real Estate and Accumulated Depreciation [Line Items]
Land	323
Buildings and Improvements	662
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	985
Accumulated Depreciation	74
Owensboro Towne Center: | Owensboro, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,027
Land	3,807
Buildings and Improvements	16,259
Total Adjustment to Basis	788
Gross Amount at Which Carried At December 31, 2018	20,854
Accumulated Depreciation	1,450
Park Place: | Enterprise, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,505
Land	931
Buildings and Improvements	8,595
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	9,526
Accumulated Depreciation	1,203
Parkway Centre South: | Grove City, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,250
Land	7,027
Buildings and Improvements	18,223
Total Adjustment to Basis	(2,893)
Gross Amount at Which Carried At December 31, 2018	22,357
Accumulated Depreciation	0
Pecanland Plaza: | Monroe, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,206
Buildings and Improvements	18,957
Total Adjustment to Basis	(2,410)
Gross Amount at Which Carried At December 31, 2018	18,753
Accumulated Depreciation	0
Pep Boys: | Clermont, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	799
Buildings and Improvements	1,993
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,792
Accumulated Depreciation	301
Pep Boys: | Oviedo, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	669
Buildings and Improvements	2,172
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,841
Accumulated Depreciation	312
PetSmart: | Baton Rouge, LA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,509
Land	651
Buildings and Improvements	2,968
Total Adjustment to Basis	113
Gross Amount at Which Carried At December 31, 2018	3,732
Accumulated Depreciation	568
PetSmart: | Commerce Township, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	539
Buildings and Improvements	1,960
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,499
Accumulated Depreciation	385
PetSmart: | East Peoria, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	997
Buildings and Improvements	3,345
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,342
Accumulated Depreciation	374
PetSmart: | Eden Prairie, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,279
Buildings and Improvements	2,030
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,309
Accumulated Depreciation	306
PetSmart: | Edmond, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	816
Buildings and Improvements	3,266
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,082
Accumulated Depreciation	518
PetSmart: | North Fayette Township, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,615
Buildings and Improvements	1,503
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,118
Accumulated Depreciation	254
PetSmart: | Overland Park, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	2,025
Buildings and Improvements	2,181
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,206
Accumulated Depreciation	309
PetSmart: | Taylor, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	331
Buildings and Improvements	2,438
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,769
Accumulated Depreciation	456
PetSmart: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,114
Buildings and Improvements	2,771
Total Adjustment to Basis	98
Gross Amount at Which Carried At December 31, 2018	3,983
Accumulated Depreciation	460
PetSmart: | Wilkesboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	447
Buildings and Improvements	1,710
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,157
Accumulated Depreciation	309
PetSmart/Old Navy: | Reynoldsburg, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,658
Land	1,295
Buildings and Improvements	4,077
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,372
Accumulated Depreciation	737
Pick ’n Save: | Pewaukee, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,323
Buildings and Improvements	6,761
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,084
Accumulated Depreciation	894
Pick ’n Save: | Sheboygan, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,003
Buildings and Improvements	10,695
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,698
Accumulated Depreciation	1,777
Pick ’n Save: | South Milwaukee, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	1,126
Buildings and Improvements	5,706
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,832
Accumulated Depreciation	760
Plainfield Plaza: | Plainfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,167
Buildings and Improvements	14,788
Total Adjustment to Basis	(2,385)
Gross Amount at Which Carried At December 31, 2018	15,570
Accumulated Depreciation	0
Plaza San Mateo: | Albuquerque, NM
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,950
Land	2,867
Buildings and Improvements	11,582
Total Adjustment to Basis	(1,913)
Gross Amount at Which Carried At December 31, 2018	12,536
Accumulated Depreciation	0
Popeyes: | Independence, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	333
Buildings and Improvements	680
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,013
Accumulated Depreciation	80
Poplar Springs Plaza: | Duncan, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,000
Land	1,862
Buildings and Improvements	5,277
Total Adjustment to Basis	478
Gross Amount at Which Carried At December 31, 2018	7,617
Accumulated Depreciation	924
Price Chopper: | Gardner, MA
Real Estate and Accumulated Depreciation [Line Items]
Land	858
Buildings and Improvements	12,171
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	13,029
Accumulated Depreciation	1,346
Quick Chek: | Kingston, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	831
Buildings and Improvements	5,783
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,614
Accumulated Depreciation	832
Quick Chek: | Lake Katrine, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,507
Buildings and Improvements	4,569
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,076
Accumulated Depreciation	643
Quick Chek: | Middletown, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,335
Buildings and Improvements	5,732
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,067
Accumulated Depreciation	824
Quick Chek: | Middletown, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,297
Buildings and Improvements	5,963
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,260
Accumulated Depreciation	856
Quick Chek: | Middletown, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,437
Buildings and Improvements	4,656
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,093
Accumulated Depreciation	673
Quick Chek: | Sagerties, NY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,242
Buildings and Improvements	5,372
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,614
Accumulated Depreciation	774
Raising Cane’s: | Beaumont, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	839
Buildings and Improvements	1,288
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,127
Accumulated Depreciation	155
Raising Cane’s: | Phoenix, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	761
Buildings and Improvements	1,972
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,733
Accumulated Depreciation	236
Raising Cane’s: | Wichita Falls, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	426
Buildings and Improvements	1,947
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,373
Accumulated Depreciation	232
Rite Aid: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	854
Buildings and Improvements	2,281
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,135
Accumulated Depreciation	310
Rite Aid: | Jenison, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	438
Buildings and Improvements	1,491
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,929
Accumulated Depreciation	192
Rocky River Promenade: | Mooresville, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,989
Land	2,446
Buildings and Improvements	3,159
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,605
Accumulated Depreciation	381
Rolling Acres Plaza: | Lady Lake, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,930
Land	7,540
Buildings and Improvements	26,839
Total Adjustment to Basis	(4,093)
Gross Amount at Which Carried At December 31, 2018	30,286
Accumulated Depreciation	0
Ross: | Fort Worth, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,273
Buildings and Improvements	3,157
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,430
Accumulated Depreciation	556
Rushmore Crossing: | Rapid City, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	23,067
Land	7,066
Buildings and Improvements	33,019
Total Adjustment to Basis	229
Gross Amount at Which Carried At December 31, 2018	40,314
Accumulated Depreciation	5,589
Rushmore Crossing: | Rapid City, SD
Real Estate and Accumulated Depreciation [Line Items]
Land	883
Buildings and Improvements	4,128
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,011
Accumulated Depreciation	776
Sherwin-Williams: | Macon, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	59
Buildings and Improvements	659
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	718
Accumulated Depreciation	64
Shippensburg Market Place: | Shippensburg, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,917
Buildings and Improvements	9,263
Total Adjustment to Basis	(2,600)
Gross Amount at Which Carried At December 31, 2018	8,580
Accumulated Depreciation	$ 0

Schedule III - Real Estate As_7

Schedule III - Real Estate Assets and Accumulated Depreciation - 6 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	$ 334,476	$ 245,425	$ 158,805
Shopko: | Ballard, UT
Real Estate and Accumulated Depreciation [Line Items]
Land	334
Buildings and Improvements	2,865
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,199
Accumulated Depreciation	216
Shopko: | Broken Bow, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	244
Buildings and Improvements	1,733
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,977
Accumulated Depreciation	231
Shopko: | Cherokee, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	217
Buildings and Improvements	3,326
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,543
Accumulated Depreciation	264
Shopko: | Cokato, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	358
Buildings and Improvements	3,229
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,587
Accumulated Depreciation	277
Shopko: | Valentine, NE
Real Estate and Accumulated Depreciation [Line Items]
Land	395
Buildings and Improvements	3,549
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,944
Accumulated Depreciation	475
Shopko: | Webster City, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	656
Buildings and Improvements	2,868
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,524
Accumulated Depreciation	216
Shoppes at Lake Andrew: | Melbourne, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	3,924
Buildings and Improvements	16,840
Total Adjustment to Basis	21
Gross Amount at Which Carried At December 31, 2018	20,785
Accumulated Depreciation	2,539
Shoppes at Stroud: | Stroud Township, PA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,754
Buildings and Improvements	22,614
Total Adjustment to Basis	(2,620)
Gross Amount at Which Carried At December 31, 2018	23,748
Accumulated Depreciation	0
Sleepy’s: | Burlington, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	393
Buildings and Improvements	1,648
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,041
Accumulated Depreciation	159
Sleepy’s: | Joliet, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	287
Buildings and Improvements	1,552
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,839
Accumulated Depreciation	152
Southwest Plaza: | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	2,992
Buildings and Improvements	48,935
Total Adjustment to Basis	(10,543)
Gross Amount at Which Carried At December 31, 2018	41,384
Accumulated Depreciation	0
Spinx: | Simpsonville, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	591
Buildings and Improvements	969
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,560
Accumulated Depreciation	145
Springfield Commons: | Springfield, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,250
Land	3,745
Buildings and Improvements	15,049
Total Adjustment to Basis	187
Gross Amount at Which Carried At December 31, 2018	18,981
Accumulated Depreciation	1,635
Sprouts: | Bixby, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	1,320
Buildings and Improvements	7,117
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,437
Accumulated Depreciation	1,000
Staples: | Plainfield, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	400
Buildings and Improvements	2,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,499
Accumulated Depreciation	221
Stoneridge Village: | Jefferson City, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,500
Land	1,830
Buildings and Improvements	9,351
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,181
Accumulated Depreciation	1,321
Stop & Shop: | Brockton, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,241
Land	4,259
Buildings and Improvements	13,285
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	17,544
Accumulated Depreciation	1,477
Stripes: | Brownsville, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	210
Buildings and Improvements	2,386
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,596
Accumulated Depreciation	445
Stripes: | Brownwood, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	484
Buildings and Improvements	3,086
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,570
Accumulated Depreciation	555
Stripes: | McAllen, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	604
Buildings and Improvements	1,909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,513
Accumulated Depreciation	413
Stripes: | Midland, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	620
Buildings and Improvements	5,551
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,171
Accumulated Depreciation	924
Stripes: | Odessa, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	569
Buildings and Improvements	4,940
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,509
Accumulated Depreciation	818
Summerfield Crossing: | Riverview, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,310
Land	6,130
Buildings and Improvements	6,753
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,883
Accumulated Depreciation	1,022
Sunbelt Rentals: | Canton, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	147
Buildings and Improvements	1,679
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,826
Accumulated Depreciation	299
Sunbelt Rentals: | Houston, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	535
Buildings and Improvements	1,664
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,199
Accumulated Depreciation	202
Sunoco: | Cocoa, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	625
Buildings and Improvements	1,062
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,687
Accumulated Depreciation	153
Sunoco: | Mangonia Park, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	689
Buildings and Improvements	600
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,289
Accumulated Depreciation	86
Sunoco: | Merritt Island, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	610
Buildings and Improvements	1,123
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,733
Accumulated Depreciation	161
Sunoco: | Palm Beach Gardens, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,050
Buildings and Improvements	2,667
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,717
Accumulated Depreciation	381
Sunoco: | Palm City, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	667
Buildings and Improvements	1,698
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,365
Accumulated Depreciation	244
Sunoco: | Palm Springs, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	580
Buildings and Improvements	1,907
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,487
Accumulated Depreciation	273
Sunoco: | Sebastian, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	490
Buildings and Improvements	2,128
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,618
Accumulated Depreciation	305
Sunoco: | Titusville, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	626
Buildings and Improvements	2,534
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,160
Accumulated Depreciation	363
Sunoco: | West Palm Beach, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	637
Buildings and Improvements	443
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,080
Accumulated Depreciation	64
Sutters Creek: | Rocky Mount, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Land	1,458
Buildings and Improvements	2,616
Total Adjustment to Basis	282
Gross Amount at Which Carried At December 31, 2018	4,356
Accumulated Depreciation	427
Target Center: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,450
Land	3,234
Buildings and Improvements	7,297
Total Adjustment to Basis	(1,026)
Gross Amount at Which Carried At December 31, 2018	9,505
Accumulated Depreciation	0
Terrell Mill Village: | Marietta, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,500
Land	3,079
Buildings and Improvements	11,185
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	14,264
Accumulated Depreciation	1,606
TGI Friday’s: | Chesapeake, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,217
Buildings and Improvements	1,388
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,605
Accumulated Depreciation	168
TGI Friday’s: | Wilmington, DE
Real Estate and Accumulated Depreciation [Line Items]
Land	1,685
Buildings and Improvements	969
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,654
Accumulated Depreciation	119
The Center at Hobbs Brook: | Sturbridge, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,500
Land	11,241
Buildings and Improvements	29,152
Total Adjustment to Basis	918
Gross Amount at Which Carried At December 31, 2018	41,311
Accumulated Depreciation	2,614
The Market at Clifty Crossing: | Columbus, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	2,669
Buildings and Improvements	16,308
Total Adjustment to Basis	104
Gross Amount at Which Carried At December 31, 2018	19,081
Accumulated Depreciation	3,524
The Market at Polaris: | Columbus, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	11,828
Buildings and Improvements	41,702
Total Adjustment to Basis	(14,124)
Gross Amount at Which Carried At December 31, 2018	39,406
Accumulated Depreciation	0
The Marquis: | Williamsburg, VA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,556
Land	2,615
Buildings and Improvements	11,406
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	14,021
Accumulated Depreciation	1,980
The Plant: | San Jose, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	123,000
Land	67,596
Buildings and Improvements	108,203
Total Adjustment to Basis	401
Gross Amount at Which Carried At December 31, 2018	176,200
Accumulated Depreciation	18,402
The Ridge at Turtle Creek: | Hattiesburg, MS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,900
Land	2,749
Buildings and Improvements	12,434
Total Adjustment to Basis	(2,974)
Gross Amount at Which Carried At December 31, 2018	12,209
Accumulated Depreciation	0
Tilted Kilt: | Killeen, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	1,378
Buildings and Improvements	1,508
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,886
Accumulated Depreciation	175
Tire Kingdom: | Bluffton, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	645
Buildings and Improvements	1,688
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,333
Accumulated Depreciation	146
Tire Kingdom: | Summerville, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,208
Buildings and Improvements	1,233
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,441
Accumulated Depreciation	111
Tire Kingdom: | Tarpon Springs, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	427
Buildings and Improvements	1,458
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,885
Accumulated Depreciation	231
Tire Kingdom & Starbucks: | Mount Pleasant, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,400
Land	1,291
Buildings and Improvements	3,149
Total Adjustment to Basis	(502)
Gross Amount at Which Carried At December 31, 2018	3,938
Accumulated Depreciation	0
TJ Maxx/Dollar Tree: | Oxford, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	641
Buildings and Improvements	2,673
Total Adjustment to Basis	90
Gross Amount at Which Carried At December 31, 2018	3,404
Accumulated Depreciation	497
Tractor Supply: | Ashland, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	500
Buildings and Improvements	2,696
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,196
Accumulated Depreciation	367
Tractor Supply: | Augusta, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	407
Buildings and Improvements	2,315
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,722
Accumulated Depreciation	306
Tractor Supply: | Cambridge, MN
Real Estate and Accumulated Depreciation [Line Items]
Land	807
Buildings and Improvements	1,272
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,079
Accumulated Depreciation	259
Tractor Supply: | Canon City, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	597
Buildings and Improvements	2,527
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,124
Accumulated Depreciation	387
Tractor Supply: | Fortuna, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	568
Buildings and Improvements	3,819
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,387
Accumulated Depreciation	468
Tractor Supply: | Lumberton, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	611
Buildings and Improvements	2,007
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,618
Accumulated Depreciation	323
Tractor Supply: | Marion, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	1,536
Buildings and Improvements	1,099
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,635
Accumulated Depreciation	157
Tractor Supply: | Monticello, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	448
Buildings and Improvements	1,916
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,364
Accumulated Depreciation	305
Tractor Supply: | Newnan, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,182
Buildings and Improvements	1,950
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,132
Accumulated Depreciation	325
Tractor Supply: | South Hill, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	630
Buildings and Improvements	2,179
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,809
Accumulated Depreciation	327
Tractor Supply: | Spencer, WV
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,659
Land	455
Buildings and Improvements	2,188
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,643
Accumulated Depreciation	384
Tractor Supply: | Stuttgart, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,543
Land	47
Buildings and Improvements	2,519
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,566
Accumulated Depreciation	381
Tractor Supply: | Weaverville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	867
Buildings and Improvements	3,138
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,005
Accumulated Depreciation	453
Tractor Supply: | Woodward, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	446
Buildings and Improvements	1,973
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,419
Accumulated Depreciation	289
Trader Joe’s: | Columbia, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,308
Buildings and Improvements	2,597
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,905
Accumulated Depreciation	441
Trader Joe’s: | Asheville, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,770
Buildings and Improvements	3,766
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,536
Accumulated Depreciation	538
Trader Joe’s: | Wilmington, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,016
Buildings and Improvements	2,519
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,535
Accumulated Depreciation	463
Turfway Crossing: | Florence, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,480
Land	2,261
Buildings and Improvements	10,323
Total Adjustment to Basis	418
Gross Amount at Which Carried At December 31, 2018	13,002
Accumulated Depreciation	1,520
Ulta Salon: | Albany, GA
Real Estate and Accumulated Depreciation [Line Items]
Land	441
Buildings and Improvements	1,757
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,198
Accumulated Depreciation	219
Ulta Salon: | Greeley, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	596
Buildings and Improvements	2,035
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,631
Accumulated Depreciation	206
United Oil: | Alhambra, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,032
Land	3,026
Buildings and Improvements	751
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,777
Accumulated Depreciation	81
United Oil: | Bellflower, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	755
Land	1,312
Buildings and Improvements	576
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,888
Accumulated Depreciation	62
United Oil: | Bellflower, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,246
Buildings and Improvements	788
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,034
Accumulated Depreciation	85
United Oil: | Brea, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,393
Buildings and Improvements	658
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,051
Accumulated Depreciation	71
United Oil: | Burbank, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,193
Land	3,474
Buildings and Improvements	594
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,068
Accumulated Depreciation	64
United Oil: | Burbank, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,484
Land	1,750
Buildings and Improvements	574
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,324
Accumulated Depreciation	62
United Oil: | Chino, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,167
Land	1,449
Buildings and Improvements	730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,179
Accumulated Depreciation	79
United Oil: | Compton, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	805
Land	992
Buildings and Improvements	460
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,452
Accumulated Depreciation	50
United Oil: | El Cajon, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,533
Buildings and Improvements	568
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,101
Accumulated Depreciation	61
United Oil: | El Cajon, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,225
Buildings and Improvements	368
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,593
Accumulated Depreciation	40
United Oil: | El Monte, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	766
Buildings and Improvements	510
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,276
Accumulated Depreciation	55
United Oil: | Escondido, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,107
Land	678
Buildings and Improvements	470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,148
Accumulated Depreciation	51
United Oil: | Escondido, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,514
Buildings and Improvements	1,062
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,576
Accumulated Depreciation	115
United Oil: | Fountain Valley, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,459
Land	1,809
Buildings and Improvements	806
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,615
Accumulated Depreciation	87
United Oil: | Glendale, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,871
Buildings and Improvements	795
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,666
Accumulated Depreciation	86
United Oil: | Inglewood, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,809
Buildings and Improvements	878
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,687
Accumulated Depreciation	95
United Oil: | La Habra, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,971
Buildings and Improvements	571
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,542
Accumulated Depreciation	61
United Oil: | Lawndale, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,462
Buildings and Improvements	862
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,324
Accumulated Depreciation	93
United Oil: | Long Beach, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,061
Land	974
Buildings and Improvements	772
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,746
Accumulated Depreciation	83
United Oil: | Long Beach, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,778
Buildings and Improvements	883
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,661
Accumulated Depreciation	95
United Oil: | Long Beach, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,288
Land	1,972
Buildings and Improvements	643
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,615
Accumulated Depreciation	69
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,334
Buildings and Improvements	717
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,051
Accumulated Depreciation	77
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,552
Buildings and Improvements	1,242
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,794
Accumulated Depreciation	134
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,745
Buildings and Improvements	669
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,414
Accumulated Depreciation	$ 72

Schedule III - Real Estate As_8

Schedule III - Real Estate Assets and Accumulated Depreciation - 7 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	334,476	$ 245,425	$ 158,805
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,923
Land	3,823
Buildings and Improvements	825
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,648
Accumulated Depreciation	89
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,930
Buildings and Improvements	428
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,358
Accumulated Depreciation	46
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,590
Land	1,710
Buildings and Improvements	905
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,615
Accumulated Depreciation	98
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,927
Buildings and Improvements	1,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,411
Accumulated Depreciation	160
United Oil: | Los Angeles, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,182
Buildings and Improvements	701
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,883
Accumulated Depreciation	76
United Oil: | Lynwood, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,640
Land	2,386
Buildings and Improvements	737
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,123
Accumulated Depreciation	79
United Oil: | Menifee, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,284
Land	2,853
Buildings and Improvements	924
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,777
Accumulated Depreciation	100
United Oil: | Monrovia, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,660
Land	2,365
Buildings and Improvements	686
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,051
Accumulated Depreciation	74
United Oil: | Norco, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,852
Buildings and Improvements	1,489
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,341
Accumulated Depreciation	161
United Oil: | Norco, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,424
Land	1,869
Buildings and Improvements	891
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,760
Accumulated Depreciation	96
United Oil: | North Hollywood, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,998
Land	4,663
Buildings and Improvements	858
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,521
Accumulated Depreciation	92
United Oil: | Oceanside, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,264
Land	2,163
Buildings and Improvements	1,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,411
Accumulated Depreciation	135
United Oil: | Paramount, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	664
Land	1,301
Buildings and Improvements	1,024
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,325
Accumulated Depreciation	111
United Oil: | Pomona, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,273
Land	1,740
Buildings and Improvements	730
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,470
Accumulated Depreciation	79
United Oil: | Poway, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	3,072
Buildings and Improvements	705
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,777
Accumulated Depreciation	76
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,977
Buildings and Improvements	1,448
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,425
Accumulated Depreciation	156
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,877
Buildings and Improvements	883
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,760
Accumulated Depreciation	95
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,038
Land	1,215
Buildings and Improvements	841
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,056
Accumulated Depreciation	91
United Oil: | San Diego, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,824
Buildings and Improvements	382
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,206
Accumulated Depreciation	42
United Oil: | San Pedro, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,655
Land	2,086
Buildings and Improvements	675
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,761
Accumulated Depreciation	73
United Oil: | Santa Clarita, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	4,787
Buildings and Improvements	733
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,520
Accumulated Depreciation	79
United Oil: | Sun City, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,136
Buildings and Improvements	1,421
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,557
Accumulated Depreciation	153
United Oil: | Valley Center, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,284
Land	2,680
Buildings and Improvements	1,606
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,286
Accumulated Depreciation	173
United Oil: | Van Nuys, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,284
Land	2,439
Buildings and Improvements	902
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,341
Accumulated Depreciation	97
United Oil: | Van Nuys, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,152
Land	1,786
Buildings and Improvements	684
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,470
Accumulated Depreciation	74
United Oil: | Van Nuys, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,681
Land	3,980
Buildings and Improvements	741
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,721
Accumulated Depreciation	80
United Oil: | Vista, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,063
Buildings and Improvements	334
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,397
Accumulated Depreciation	36
United Oil: | Vista, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	2,028
Buildings and Improvements	418
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,446
Accumulated Depreciation	45
United Oil: | Whittier, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,629
Buildings and Improvements	985
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,614
Accumulated Depreciation	106
United Oil: | Wilmington, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,680
Land	1,615
Buildings and Improvements	1,145
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,760
Accumulated Depreciation	123
United Oil: | Woodland Hills, CA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,159
Land	4,946
Buildings and Improvements	647
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,593
Accumulated Depreciation	70
University Marketplace: | Marion, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,050
Land	850
Buildings and Improvements	6,722
Total Adjustment to Basis	121
Gross Amount at Which Carried At December 31, 2018	7,693
Accumulated Depreciation	1,339
Vacant: | Appleton, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	895
Buildings and Improvements	1,026
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,921
Accumulated Depreciation	97
Vacant: | Georgetown, KY
Real Estate and Accumulated Depreciation [Line Items]
Land	1,048
Buildings and Improvements	1,452
Total Adjustment to Basis	(1,800)
Gross Amount at Which Carried At December 31, 2018	700
Accumulated Depreciation	0
Vacant: | Greenville, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	672
Buildings and Improvements	1,737
Total Adjustment to Basis	(1,405)
Gross Amount at Which Carried At December 31, 2018	1,004
Accumulated Depreciation	21
Vacant: | Nampa, ID
Real Estate and Accumulated Depreciation [Line Items]
Land	449
Buildings and Improvements	2,213
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,662
Accumulated Depreciation	278
Vacant: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances		0
Land		1,254
Buildings and Improvements		3,354
Total Adjustment to Basis		(3,409)
Gross Amount at Which Carried At December 31, 2018		1,199
Accumulated Depreciation		$ 22
Vacant: | Waukesha, WI
Real Estate and Accumulated Depreciation [Line Items]
Land	3,408
Buildings and Improvements	12,918
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	16,326
Accumulated Depreciation	1,402
Vacant: | Danville, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	274
Buildings and Improvements	1,514
Total Adjustment to Basis	(1,062)
Gross Amount at Which Carried At December 31, 2018	726
Accumulated Depreciation	0
Vacant: | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Accumulated Depreciation	491
Ventura Place: | Albuquerque, NM
Real Estate and Accumulated Depreciation [Line Items]
Land	5,203
Buildings and Improvements	7,998
Total Adjustment to Basis	72
Gross Amount at Which Carried At December 31, 2018	13,273
Accumulated Depreciation	940
Village at Hereford Farms: | Grovetown, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,250
Land	1,222
Buildings and Improvements	5,912
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,134
Accumulated Depreciation	688
Waite Park Center: | Waite Park, MN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,441
Land	2,576
Buildings and Improvements	15,484
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	18,060
Accumulated Depreciation	883
Wal-Mart: | Anderson, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,424
Buildings and Improvements	9,719
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	12,143
Accumulated Depreciation	763
Wal-Mart: | Florence, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	2,013
Buildings and Improvements	9,225
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,238
Accumulated Depreciation	721
Wal-Mart: | Perry, GA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,095
Land	2,270
Buildings and Improvements	11,053
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	13,323
Accumulated Depreciation	1,737
Wal-Mart: | Summerville, SC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,300
Land	2,410
Buildings and Improvements	2,098
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,508
Accumulated Depreciation	193
Wal-Mart: | Tallahassee, FL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,157
Land	14,823
Buildings and Improvements	0
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	14,823
Accumulated Depreciation	0
Wal-Mart: | York, SC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,913
Buildings and Improvements	11,410
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	13,323
Accumulated Depreciation	1,782
Walgreens: | Andover, KS
Real Estate and Accumulated Depreciation [Line Items]
Land	630
Buildings and Improvements	3,057
Total Adjustment to Basis	9
Gross Amount at Which Carried At December 31, 2018	3,696
Accumulated Depreciation	469
Walgreens: | Arkadelphia, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,225
Land	787
Buildings and Improvements	4,626
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,413
Accumulated Depreciation	483
Walgreens: | Austintown, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	637
Buildings and Improvements	4,173
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,810
Accumulated Depreciation	568
Walgreens: | Bartlett, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,150
Land	1,086
Buildings and Improvements	4,321
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,407
Accumulated Depreciation	473
Walgreens: | Bartlett, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,150
Land	799
Buildings and Improvements	4,608
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,407
Accumulated Depreciation	503
Walgreens: | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	985
Buildings and Improvements	4,938
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,923
Accumulated Depreciation	718
Walgreens: | Birmingham, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,300
Land	738
Buildings and Improvements	4,844
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,582
Accumulated Depreciation	528
Walgreens: | Blair, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,466
Land	335
Buildings and Improvements	3,544
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,879
Accumulated Depreciation	603
Walgreens: | Chicopee, MA
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,894
Land	2,094
Buildings and Improvements	4,945
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,039
Accumulated Depreciation	523
Walgreens: | Colerain Township, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,200
Land	1,991
Buildings and Improvements	3,470
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,461
Accumulated Depreciation	369
Walgreens: | Connelly Springs, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,349
Buildings and Improvements	3,628
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,977
Accumulated Depreciation	506
Walgreens: | Cullman, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,542
Land	1,292
Buildings and Improvements	3,779
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,071
Accumulated Depreciation	573
Walgreens: | Danville, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	989
Buildings and Improvements	4,547
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,536
Accumulated Depreciation	735
Walgreens: | Dearborn Heights, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	2,236
Buildings and Improvements	3,411
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,647
Accumulated Depreciation	481
Walgreens: | Decatur, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,625
Land	631
Buildings and Improvements	4,161
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,792
Accumulated Depreciation	454
Walgreens: | Dyersburg, TN
Real Estate and Accumulated Depreciation [Line Items]
Land	555
Buildings and Improvements	4,088
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,643
Accumulated Depreciation	480
Walgreens: | East Chicago, IN
Real Estate and Accumulated Depreciation [Line Items]
Land	331
Buildings and Improvements	5,242
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,573
Accumulated Depreciation	576
Walgreens: | Enterprise, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,575
Land	839
Buildings and Improvements	3,844
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,683
Accumulated Depreciation	422
Walgreens: | Evansville, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,040
Land	812
Buildings and Improvements	4,439
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,251
Accumulated Depreciation	488
Walgreens: | Florence, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,125
Land	1,086
Buildings and Improvements	4,206
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,292
Accumulated Depreciation	446
Walgreens: | Forrest City, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,825
Land	643
Buildings and Improvements	5,287
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,930
Accumulated Depreciation	576
Walgreens: | Fort Madison, IA
Real Estate and Accumulated Depreciation [Line Items]
Land	514
Buildings and Improvements	3,723
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,237
Accumulated Depreciation	508
Walgreens: | Franklin, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,200
Land	1,457
Buildings and Improvements	4,075
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,532
Accumulated Depreciation	447
Walgreens: | Fraser, MI
Real Estate and Accumulated Depreciation [Line Items]
Land	518
Buildings and Improvements	4,525
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,043
Accumulated Depreciation	544
Walgreens: | Hickory, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	1,100
Buildings and Improvements	4,241
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,341
Accumulated Depreciation	647
Walgreens: | Hobart, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,875
Land	594
Buildings and Improvements	4,526
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,120
Accumulated Depreciation	492
Walgreens: | Huntsville, AL
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,273
Land	1,931
Buildings and Improvements	2,457
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,388
Accumulated Depreciation	394
Walgreens: | Kannapolis, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,966
Land	1,480
Buildings and Improvements	5,031
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,511
Accumulated Depreciation	718
Walgreens: | Knoxville, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,725
Land	1,139
Buildings and Improvements	3,750
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,889
Accumulated Depreciation	410
Walgreens: | Las Vegas, NV
Real Estate and Accumulated Depreciation [Line Items]
Land	2,325
Buildings and Improvements	3,262
Total Adjustment to Basis	70
Gross Amount at Which Carried At December 31, 2018	5,657
Accumulated Depreciation	453
Walgreens: | Lawton, OK
Real Estate and Accumulated Depreciation [Line Items]
Land	860
Buildings and Improvements	2,539
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	3,399
Accumulated Depreciation	359
Walgreens: | Little Rock, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	548
Buildings and Improvements	4,676
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,224
Accumulated Depreciation	533
Walgreens: | Little Rock, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,100
Land	1,115
Buildings and Improvements	4,248
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,363
Accumulated Depreciation	465
Walgreens: | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	565
Buildings and Improvements	3,257
Total Adjustment to Basis	102
Gross Amount at Which Carried At December 31, 2018	3,924
Accumulated Depreciation	517
Walgreens: | Lubbock, TX
Real Estate and Accumulated Depreciation [Line Items]
Land	531
Buildings and Improvements	2,951
Total Adjustment to Basis	101
Gross Amount at Which Carried At December 31, 2018	3,583
Accumulated Depreciation	465
Walgreens: | Malvern, AR
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,165
Land	1,007
Buildings and Improvements	4,325
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,332
Accumulated Depreciation	452
Walgreens: | Memphis, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,775
Land	776
Buildings and Improvements	4,166
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,942
Accumulated Depreciation	455
Walgreens: | Metropolis, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	284
Buildings and Improvements	4,991
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,275
Accumulated Depreciation	548
Walgreens: | Michigan City, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,200
Land	567
Buildings and Improvements	3,615
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,182
Accumulated Depreciation	401
Walgreens: | Mobile, AL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,603
Buildings and Improvements	3,161
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,764
Accumulated Depreciation	425
Walgreens: | Mount Washington, KY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,125
Land	545
Buildings and Improvements	4,825
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,370
Accumulated Depreciation	525
Walgreens: | Oakland, TN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,750
Land	689
Buildings and Improvements	4,226
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,915
Accumulated Depreciation	459
Walgreens: | Oklahoma City, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,950
Land	1,356
Buildings and Improvements	3,869
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,225
Accumulated Depreciation	433
Walgreens: | Olathe, KS
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,230
Land	1,266
Buildings and Improvements	4,047
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,313
Accumulated Depreciation	441
Walgreens: | Phoenix, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	2,216
Buildings and Improvements	1,830
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,046
Accumulated Depreciation	285
Walgreens: | Pine Bluff, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	248
Buildings and Improvements	5,229
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,477
Accumulated Depreciation	713
Walgreens: | Ralston, NE
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,265
Land	967
Buildings and Improvements	4,620
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,587
Accumulated Depreciation	504
Walgreens: | River Falls, WI
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,200
Land	634
Buildings and Improvements	5,137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,771
Accumulated Depreciation	555
Walgreens: | Sacramento, CA
Real Estate and Accumulated Depreciation [Line Items]
Land	324
Buildings and Improvements	2,669
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,993
Accumulated Depreciation	318
Walgreens: | Sioux Falls, SD
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,625
Land	1,138
Buildings and Improvements	3,784
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,922
Accumulated Depreciation	416
Walgreens: | Springdale, AR
Real Estate and Accumulated Depreciation [Line Items]
Land	1,172
Buildings and Improvements	4,509
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,681
Accumulated Depreciation	599
Walgreens: | Springfield, IL
Real Estate and Accumulated Depreciation [Line Items]
Land	830
Buildings and Improvements	3,619
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,449
Accumulated Depreciation	617
Walgreens: | St. Charles, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,600
Land	1,644
Buildings and Improvements	4,364
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,008
Accumulated Depreciation	478
Walgreens: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,600
Land	1,432
Buildings and Improvements	4,556
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,988
Accumulated Depreciation	499
Walgreens: | St. Louis, MO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,790
Land	1,414
Buildings and Improvements	4,622
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,036
Accumulated Depreciation	505
Walgreens: | Suffolk, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,261
Buildings and Improvements	3,461
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,722
Accumulated Depreciation	620
Walgreens: | Sun City, AZ
Real Estate and Accumulated Depreciation [Line Items]
Land	837
Buildings and Improvements	2,484
Total Adjustment to Basis	7
Gross Amount at Which Carried At December 31, 2018	3,328
Accumulated Depreciation	309
Walgreens: | Tarboro, NC
Real Estate and Accumulated Depreciation [Line Items]
Land	755
Buildings and Improvements	3,634
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,389
Accumulated Depreciation	408
Walgreens: | Toledo, OH
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,325
Land	1,993
Buildings and Improvements	3,445
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,438
Accumulated Depreciation	383
Walgreens: | Troy, OH
Real Estate and Accumulated Depreciation [Line Items]
Land	547
Buildings and Improvements	4,076
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,623
Accumulated Depreciation	457
Walgreens: | Tulsa, OK
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,350
Land	1,078
Buildings and Improvements	3,453
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,531
Accumulated Depreciation	381
Walgreens/KeyBank: | Newburgh, NY
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,000
Land	3,280
Buildings and Improvements	5,441
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	8,721
Accumulated Depreciation	720
Wallace Commons: | Salisbury, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,590
Land	3,265
Buildings and Improvements	8,058
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	11,323
Accumulated Depreciation	1,271
Wallace Commons II: | Salisbury, NC
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,012
Land	2,231
Buildings and Improvements	8,479
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	10,710
Accumulated Depreciation	1,162
Warrenton Highlands: | Warrenton, OR
Real Estate and Accumulated Depreciation [Line Items]
Land	2,139
Buildings and Improvements	5,774
Total Adjustment to Basis	138
Gross Amount at Which Carried At December 31, 2018	8,051
Accumulated Depreciation	1,080
Waterford South Park: | Clarksville, IN
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,200
Land	2,946
Buildings and Improvements	8,564
Total Adjustment to Basis	45
Gross Amount at Which Carried At December 31, 2018	11,555
Accumulated Depreciation	1,565
Wawa: | Cape May, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,576
Buildings and Improvements	5,790
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,366
Accumulated Depreciation	955
Wawa: | Galloway, NJ
Real Estate and Accumulated Depreciation [Line Items]
Land	1,724
Buildings and Improvements	6,105
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	7,829
Accumulated Depreciation	1,005
Wendy's: | Grafton, VA
Real Estate and Accumulated Depreciation [Line Items]
Land	539
Buildings and Improvements	894
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,433
Accumulated Depreciation	106
Wendy's: | Westminster, CO
Real Estate and Accumulated Depreciation [Line Items]
Land	596
Buildings and Improvements	1,108
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,704
Accumulated Depreciation	131
West Marine: | Panama City, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	676
Buildings and Improvements	2,219
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	2,895
Accumulated Depreciation	259
West Marine: | Pensacola, FL
Real Estate and Accumulated Depreciation [Line Items]
Land	1,107
Buildings and Improvements	3,398
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,505
Accumulated Depreciation	$ 392

Schedule III - Real Estate As_9

Schedule III - Real Estate Assets and Accumulated Depreciation - 8 (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,198,666
Land	1,182,345
Buildings and Improvements	3,238,953
Total Adjustment to Basis	22,743
Gross Amount at Which Carried At December 31, 2018	4,444,041	$ 4,564,592	$ 4,370,629	$ 4,185,605
Accumulated Depreciation	385,245	$ 334,476	$ 245,425	$ 158,805
Western Refining, Inc: | Benson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	566
Land	186
Buildings and Improvements	510
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	696
Accumulated Depreciation	50
Western Refining, Inc: | Bisbee, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	399
Land	89
Buildings and Improvements	137
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	226
Accumulated Depreciation	29
Western Refining, Inc: | Coolidge, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	472
Land	578
Buildings and Improvements	283
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	861
Accumulated Depreciation	45
Western Refining, Inc: | Douglas, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	913
Land	136
Buildings and Improvements	1,080
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,216
Accumulated Depreciation	107
Western Refining, Inc: | Douglas, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	718
Land	89
Buildings and Improvements	385
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	474
Accumulated Depreciation	54
Western Refining, Inc: | Florence, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	446
Land	363
Buildings and Improvements	338
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	701
Accumulated Depreciation	43
Western Refining, Inc: | Globe, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,264
Land	572
Buildings and Improvements	311
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	883
Accumulated Depreciation	59
Western Refining, Inc: | Hereford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,531
Land	303
Buildings and Improvements	879
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,182
Accumulated Depreciation	93
Western Refining, Inc: | Marana, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,458
Land	389
Buildings and Improvements	493
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	882
Accumulated Depreciation	56
Western Refining, Inc: | Pearce, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	750
Land	116
Buildings and Improvements	380
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	496
Accumulated Depreciation	48
Western Refining, Inc: | Pima, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,196
Land	372
Buildings and Improvements	362
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	734
Accumulated Depreciation	53
Western Refining, Inc: | Safford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,054
Land	77
Buildings and Improvements	281
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	358
Accumulated Depreciation	28
Western Refining, Inc: | Safford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,169
Land	204
Buildings and Improvements	299
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	503
Accumulated Depreciation	38
Western Refining, Inc: | Safford, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,280
Land	107
Buildings and Improvements	408
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	515
Accumulated Depreciation	40
Western Refining, Inc: | Sierra Vista, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	488
Land	87
Buildings and Improvements	723
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	810
Accumulated Depreciation	80
Western Refining, Inc: | Thatcher, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,180
Land	140
Buildings and Improvements	561
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	701
Accumulated Depreciation	64
Western Refining, Inc: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	524
Land	569
Buildings and Improvements	453
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,022
Accumulated Depreciation	54
Western Refining, Inc: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	603
Land	473
Buildings and Improvements	388
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	861
Accumulated Depreciation	61
Western Refining, Inc: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	582
Land	263
Buildings and Improvements	170
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	433
Accumulated Depreciation	25
Western Refining, Inc: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	666
Land	770
Buildings and Improvements	332
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,102
Accumulated Depreciation	42
Western Refining, Inc: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	571
Land	333
Buildings and Improvements	167
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	500
Accumulated Depreciation	17
Western Refining, Inc: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,190
Land	397
Buildings and Improvements	542
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	939
Accumulated Depreciation	61
Western Refining, Inc: | Tucson, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	523
Land	525
Buildings and Improvements	606
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	1,131
Accumulated Depreciation	69
Western Refining, Inc: | Winkelman, AZ
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	953
Land	287
Buildings and Improvements	403
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	690
Accumulated Depreciation	50
Westover Market: | San Antonio, TX
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,200
Land	2,705
Buildings and Improvements	7,959
Total Adjustment to Basis	(1,985)
Gross Amount at Which Carried At December 31, 2018	8,679
Accumulated Depreciation	0
Whole Foods Center: | Fort Collins, CO
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,500
Land	2,664
Buildings and Improvements	17,166
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	19,830
Accumulated Depreciation	2,096
Winn-Dixie: | Baton Rouge, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	1,782
Buildings and Improvements	3,776
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	5,558
Accumulated Depreciation	442
Winn-Dixie: | Walker, LA
Real Estate and Accumulated Depreciation [Line Items]
Land	900
Buildings and Improvements	3,909
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	4,809
Accumulated Depreciation	456
Woods Supermarket: | Sunrise Beach, MO
Real Estate and Accumulated Depreciation [Line Items]
Land	1,044
Buildings and Improvements	5,005
Total Adjustment to Basis	0
Gross Amount at Which Carried At December 31, 2018	6,049
Accumulated Depreciation	$ 682

Schedule III - Real Estate A_10

Schedule III - Real Estate Assets and Accumulated Depreciation (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance, beginning of period	$ 4,564,592	$ 4,370,629	$ 4,185,605
Additions
Acquisitions	11,151	261,660	198,176
Joint Venture Purchased	0	0	16,361
Improvements	6,135	13,708	3,827
Adjustment to basis	0	0	962
Total additions	17,286	275,368	219,326
Less: Deductions
Cost of real estate sold	61,891	78,700	27,144
Adjustment to basis	0	0	51
Other (including provisions for impairment of real estate assets)	75,946	2,705	7,107
Total deductions	137,837	81,405	34,302
Balance, end of period	4,444,041	4,564,592	4,370,629
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance, beginning of period	334,476	245,425	158,805
Additions
Acquisitions - Depreciation expense for building, acquisitions costs and tenant improvements acquired	92,998	93,170	88,202
Improvements - Depreciation expense for tenant improvements and building equipment	2,481	1,679	586
Total additions	95,479	94,849	88,788
Deductions
Cost of real estate sold	6,901	5,552	1,514
Other (including provisions for impairment of real estate assets)	37,809	246	654
Total deductions	44,710	5,798	2,168
Balance, end of period	385,245	334,476	$ 245,425
Property, plant and equipment, land and real estate assets, net tax basis	5,100,000
Gross intangible lease assets	$ 554,868	$ 589,930
Building
Deductions
Acquired real estate asset, useful life	40 years
Tenant Improvements
Deductions
Acquired real estate asset, useful life	15 years
Retail Property
Deductions
Number of properties owned | property	814
Anchored Shopping Center
Deductions
Number of properties owned | property	72
Industrial Property
Deductions
Number of properties owned | property	4
JPMorgan Chase Bank, N.A. | Line of Credit
Deductions
Long-term line of credit	$ 1,330,000
Intangible Lease Assets
Deductions
Gross intangible lease assets	554,900
Accumulated amortization of intangible lease assets	$ 212,500

Schedule IV - Mortgage Loans _2

Schedule IV - Mortgage Loans Held On Real Estate Schedule IV - Mortgage Loans on Real Estate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Face amount of Mortgages	$ 89,295
Carrying Amount of Mortgages	89,762	$ 0
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
Astor — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Face amount of Mortgages	38,756
Carrying Amount of Mortgages	38,915
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
88 Lex — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Face amount of Mortgages	24,961
Carrying Amount of Mortgages	25,102
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
90 Lex — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Face amount of Mortgages	15,440
Carrying Amount of Mortgages	15,523
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
Metro — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Face amount of Mortgages	10,138
Carrying Amount of Mortgages	10,222
Principal Amount of Loans Subject to Delinquent Principal or Interest	$ 0
One-Month LIBOR | Astor — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Basis spread on interest rate	14.85%
One-Month LIBOR | 88 Lex — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Basis spread on interest rate	14.85%
One-Month LIBOR | 90 Lex — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Basis spread on interest rate	14.85%
One-Month LIBOR | Metro — New York, New York
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Basis spread on interest rate	14.85%

Schedule IV - Mortgage Loans _3

Schedule IV - Mortgage Loans Held On Real Estate Schedule IV - Movement in Mortgage Loans on Real Estate (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]
Balance, beginning of period	$ 0
Additions during period:
New loans	89,295
Capitalized interest	384
Accretion of fees and other items	268
Total additions	89,947
Less: Deductions during period:
Deferred fees and other items	(185)
Total deductions	(185)
Balance, end of period	$ 89,762