Sila Realty Trust (SILA) 10-K 22 Mar 19 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Mar. 18, 2019	Jun. 30, 2018
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Registrant Name	Carter Validus Mission Critical REIT II, Inc.
Entity Central Index Key	0001567925
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Class A shares [Member]
Entity Public Float			$ 817,657
Entity Common Stock, Shares Outstanding		82,362
Class I shares [Member]
Entity Public Float			89,143
Entity Common Stock, Shares Outstanding		12,476
Class T shares [Member]
Entity Public Float			361,698
Entity Common Stock, Shares Outstanding		38,167
Class T2 shares [Member]
Entity Public Float			$ 13,523
Entity Common Stock, Shares Outstanding		3,424

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Real estate:
Land	$ 246,790	$ 223,277
Buildings and improvements, less accumulated depreciation of $84,594 and $45,789, respectively	1,426,942	1,250,794
Construction in progress	0	31,334
Total real estate, net	1,673,732	1,505,405
Cash and cash equivalents	68,360	74,803
Acquired intangible assets, less accumulated amortization of $42,081 and $22,162, respectively	154,204	150,554
Other assets, net	67,533	47,182
Total assets	1,963,829	1,777,944
Liabilities:
Notes payable, net of deferred financing costs of $3,441 and $4,393, respectively	464,345	463,742
Credit facility, net of deferred financing costs of $2,489 and $601, respectively	352,511	219,399
Accounts payable due to affiliates	12,427	15,249
Accounts payable and other liabilities	29,555	27,709
Intangible lease liabilities, less accumulated amortization of $7,592 and $2,760, respectively	57,606	61,294
Total liabilities	916,444	787,393
Stockholders’ equity:
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized; none issued and outstanding
Common stock, $0.01 par value per share, 500,000,000 shares authorized; 143,412,353 and 126,559,834 shares issued, respectively; 136,466,242 and 124,327,777 shares outstanding, respectively	1,364	1,243
Additional paid-in capital	1,192,340	1,084,905
Accumulated distributions in excess of earnings	(152,421)	(99,309)
Accumulated other comprehensive income	6,100	3,710
Total stockholders’ equity	1,047,383	990,549
Noncontrolling interests	2	2
Total equity	1,047,385	990,551
Total liabilities and stockholders’ equity	$ 1,963,829	$ 1,777,944

CONSOLIDATED BALANCE SHEETS (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Buildings and improvements, accumulated depreciation	$ 84,594	$ 45,789
Acquired intangible assets, accumulated amortization	42,081	22,162
Notes payable, deferred financing costs	3,441	4,393
Credit facility, deferred financing costs	2,489	601
Intangible lease liabilities, accumulated amortization	$ 7,592	$ 2,760
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	143,412,353	126,559,834
Common stock, shares outstanding (in shares)	136,466,242	124,327,777

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenue:
Rental and parking revenue	$ 152,975	$ 106,168	$ 49,821
Tenant reimbursement revenue	24,357	18,927	6,610
Total revenue	177,332	125,095	56,431
Expenses:
Rental and parking expenses	37,327	26,096	8,164
General and administrative expenses	5,396	4,069	3,105
Acquisition related expenses	0	0	5,339
Asset management fees	13,114	9,963	4,925
Depreciation and amortization	58,258	41,133	19,211
Total expenses	114,095	81,261	40,744
Income from operations	63,237	43,834	15,687
Interest and other expense, net	34,364	22,555	4,390
Net income attributable to common stockholders	28,873	21,279	11,297
Other comprehensive income:
Unrealized income on interest rate swaps, net	2,390	2,870	840
Comprehensive income attributable to common stockholders	$ 31,263	$ 24,149	$ 12,137
Weighted average number of common shares outstanding:
Basic (in shares)	131,040,645	101,714,148	66,991,294
Diluted (in shares)	131,064,388	101,731,944	67,007,124
Net income per common share attributable to common stockholders:
Basic (in dollars per share)	$ 0.22	$ 0.21	$ 0.17
Diluted (in dollars per share)	$ 0.22	$ 0.21	$ 0.17

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Distributions in Excess of Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Total Stockholders’ Equity [Member]	Noncontrolling Interests [Member]
Balance, (in shares) at Dec. 31, 2015		48,457,191
Balance, at Dec. 31, 2015	$ 400,336	$ 485	$ 425,910	$ (26,061)	$ 0	$ 400,334	$ 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (in shares)		32,201,892
Issuance of common stock	314,836	$ 321	314,515			314,836	0
Issuance of common stock under the distribution reinvestment plan (in shares)		2,413,899
Issuance of common stock under the distribution reinvestment plan	22,889	$ 24	22,865			22,889	0
Vesting of restricted common stock (in shares)		4,500
Vesting of restricted common stock	58		58			58	0
Commissions on sale of common stock and related dealer manager fees	(24,546)		(24,546)			(24,546)	0
Distribution and servicing fees	(6,213)		(6,213)			(6,213)	0
Other offering costs	(5,619)		(5,619)			(5,619)	0
Repurchase of common stock (in shares)		(333,194)
Repurchase of common stock	(3,114)	$ (3)	(3,111)			(3,114)	0
Distributions declared to common stockholders	(42,336)			(42,336)		(42,336)	0
Other comprehensive income	840				840	840	0
Net income	11,297			11,297		11,297	0
Balance, (in shares) at Dec. 31, 2016		82,744,288
Balance, at Dec. 31, 2016	668,428	$ 827	723,859	(57,100)	840	668,426	2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (in shares)		39,920,746
Issuance of common stock	386,091	$ 399	385,692			386,091	0
Issuance of common stock under the distribution reinvestment plan (in shares)		3,536,813
Issuance of common stock under the distribution reinvestment plan	32,264	$ 35	32,229			32,264	0
Vesting of restricted common stock (in shares)		6,750
Vesting of restricted common stock	76		76			76	0
Commissions on sale of common stock and related dealer manager fees	(22,713)		(22,713)			(22,713)	0
Distribution and servicing fees	(9,617)		(9,617)			(9,617)	0
Other offering costs	(7,480)		(7,480)			(7,480)	0
Repurchase of common stock (in shares)		(1,880,820)
Repurchase of common stock	(17,159)	$ (18)	(17,141)			(17,159)	0
Distributions declared to common stockholders	(63,488)			(63,488)		(63,488)	0
Other comprehensive income	2,870				2,870	2,870	0
Net income	$ 21,279			21,279		21,279	0
Balance, (in shares) at Dec. 31, 2017	124,327,777	124,327,777
Balance, at Dec. 31, 2017	$ 990,551	$ 1,243	1,084,905	(99,309)	3,710	990,549	2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (in shares)		12,376,366
Issuance of common stock	118,605	$ 124	118,481			118,605	0
Issuance of common stock under the distribution reinvestment plan (in shares)		4,453,653
Issuance of common stock under the distribution reinvestment plan	40,938	$ 44	40,894			40,938	0
Vesting of restricted common stock (in shares)		9,000
Vesting of restricted common stock	90		90			90	0
Commissions on sale of common stock and related dealer manager fees	(4,836)		(4,836)			(4,836)	0
Distribution and servicing fees	(368)		(368)			(368)	0
Other offering costs	(3,643)		(3,643)			(3,643)	0
Repurchase of common stock (in shares)		(4,700,554)
Repurchase of common stock	(43,230)	$ (47)	(43,183)			(43,230)	0
Distributions declared to common stockholders	(81,985)			(81,985)		(81,985)	0
Other comprehensive income	2,390				2,390	2,390	0
Net income	$ 28,873			28,873		28,873	0
Balance, (in shares) at Dec. 31, 2018	136,466,242	136,466,242
Balance, at Dec. 31, 2018	$ 1,047,385	$ 1,364	$ 1,192,340	$ (152,421)	$ 6,100	$ 1,047,383	$ 2

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 28,873	$ 21,279	$ 11,297
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	58,258	41,133	19,211
Amortization of deferred financing costs	2,810	2,612	1,061
Amortization of above-market leases	552	309	36
Amortization of intangible lease liabilities	(4,832)	(2,126)	(536)
Straight-line rent	(13,364)	(10,596)	(6,263)
Stock-based compensation	90	76	58
Ineffectiveness of interest rate swaps	98	(58)	(144)
Changes in operating assets and liabilities:
Accounts payable and other liabilities	5,151	5,385	1,307
Accounts payable due to affiliates	413	645	531
Other assets	(3,838)	(6,832)	(1,583)
Net cash provided by operating activities	74,211	51,827	24,975
Cash flows from investing activities:
Investment in real estate	(217,332)	(604,372)	(535,447)
Capital expenditures	(15,583)	(32,511)	(8,253)
Real estate deposits, net	100	190	153
Net cash used in investing activities	(232,815)	(636,693)	(543,547)
Cash flows from financing activities:
Proceeds from issuance of common stock	118,605	386,091	314,836
Proceeds from notes payable	0	309,452	152,990
Payments on notes payable	(349)	(43)	0
Proceeds from credit facility	155,000	240,000	240,000
Payments on credit facility	(20,000)	(240,000)	(110,000)
Payments of deferred financing costs	(4,958)	(3,564)	(4,133)
Repurchases of common stock	(43,230)	(17,159)	(3,114)
Offering costs on issuance of common stock	(12,388)	(32,079)	(30,628)
Distributions to stockholders	(40,296)	(28,994)	(17,659)
Net cash provided by financing activities	152,384	613,704	542,292
Net change in cash, cash equivalents and restricted cash	(6,220)	28,838	23,720
Cash, cash equivalents and restricted cash - Beginning of year	85,747	56,909	33,189
Cash, cash equivalents and restricted cash - End of year	79,527	85,747	56,909
Supplemental cash flow disclosure:
Interest paid, net of interest capitalized of $1,179, $2,137 and $524, respectively	32,503	20,867	3,341
Supplemental disclosure of non-cash transactions:
Common stock issued through distribution reinvestment plan	40,938	32,264	22,889
Distribution and servicing fees accrued during the period	0	7,626	5,750
Liabilities assumed at acquisition	0	6,551	1,236
Accrued capital expenditures	$ 0	$ 2,643	$ 4,221

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (PARENTHETICAL) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Cash Flows [Abstract]
Interest capitalized	$ 1,179	$ 2,137	$ 524

Organization and Business Opera

Organization and Business Operations	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business Operations	Organization and Business Operations Carter Validus Mission Critical REIT II, Inc., or the Company, is a Maryland corporation that was formed on January 11, 2013. The Company elected, and currently qualifies, to be taxed as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes. Substantially all of the Company’s business is conducted through Carter Validus Operating Partnership II, LP, a Delaware limited partnership, or the Operating Partnership, formed on January 10, 2013. The Company is the sole general partner of the Operating Partnership and Carter Validus Advisors II, LLC, or the Advisor, is the special limited partner of the Operating Partnership. The Company commenced the initial public offering of $2,350,000,000 in shares of common stock, or the Initial Offering, consisting of up to $2,250,000,000 in shares in its primary offering and up to $100,000,000 in shares of common stock to be made available pursuant to the Company’s distribution reinvestment plan, or the DRIP, on May 29, 2014 pursuant to a Registration Statement on Form S-11 filed with the SEC. The Company ceased offering shares of common stock pursuant to the Initial Offering on November 24, 2017. At the completion of the Initial Offering, the Company had accepted investors' subscriptions for and issued approximately 125,095,000 shares of Class A, Class I and Class T common stock, including shares of common stock issued pursuant to the DRIP, resulting in gross proceeds of $1,223,803,000 . On October 13, 2017, the Company filed a Registration Statement on Form S-3 to register 10,893,246 shares of common stock under the DRIP for a proposed maximum offering price of $100,000,000 in shares of common stock, or the DRIP Offering. The Company will continue to issue shares of common stock under the DRIP Offering until such time as the Company sells all of the shares registered for sale under the DRIP Offering, unless the Company files a new registration statement with the U.S. Securities and Exchange Commission, or the SEC, or the DRIP Offering is terminated by the Company's board of directors. On November 27, 2017, the Company commenced its follow-on offering of up to $1,000,000,000 in shares of common stock, or the Offering, and collectively with the Initial Offering and the DRIP Offering, or the Offerings. On March 14, 2018, the Company ceased offering shares of Class T common stock in the Offering and began offering shares of Class T2 common stock on March 15, 2018. The Company continues to offer shares of Class T common stock in the DRIP Offering. The Company ceased offering shares of common stock pursuant to the Offering on November 27, 2018. At the completion of the Offering, the Company had accepted investors' subscriptions for and issued approximately 13,491,000 shares of Class A, Class I, Class T and Class T2 common stock resulting in gross proceeds of $129,308,000 . The Company deregistered the remaining $870,692,000 of shares of Class A, Class I, Class T and Class T2 common stock. Substantially all of the Company’s business is managed by the Advisor. Carter Validus Real Estate Management Services II, LLC, or the Property Manager, an affiliate of the Advisor, serves as the Company’s property manager. The Advisor and the Property Manager have received, and will continue to receive, fees for services related to the Company's acquisition and operational stages. The Advisor will also be eligible to receive fees during the Company's liquidation stage. SC Distributors, LLC, an affiliate of the Advisor, or the Dealer Manager, served as the dealer manager of the Initial Offering and the Offering. The Dealer Manager has received fees for services related to both, the Initial Offering and the Offering. The Company continues to pay the Dealer Manager a distribution and servicing fee with respect to its Class T and T2 shares that were sold in the Company's Initial Offering and Offering. The Company was formed to invest primarily in quality income-producing commercial real estate, with a focus on data centers and healthcare properties, preferably with long-term net leases to creditworthy tenants, as well as to make other real estate-related investments that relate to such property types, which may include equity or debt interests, including securities, in other real estate entities. The Company also may originate or invest in real estate-related notes receivable. As of December 31, 2018 , the Company owned 62 real estate investments, consisting of 85 properties. Except as the context otherwise requires, “we,” “our,” “us,” and the “Company” refer to Carter Validus Mission Critical REIT II, Inc., the Operating Partnership and all wholly-owned subsidiaries.

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. Such consolidated financial statements and the accompanying notes thereto are the representation of management. These accounting policies conform to accounting principles generally accepted in the United States of America, or GAAP, in all material respects, and have been consistently applied in preparing the consolidated financial statements. Principles of Consolidation and Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company, the Operating Partnership, and all wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of the consolidated financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash equivalents may include cash and short-term investments. Short-term investments are stated at cost, which approximates fair value. Restricted Cash Restricted cash consists of restricted cash held in escrow and restricted bank deposits. Restricted cash held in escrow includes cash held in escrow accounts for capital improvements for certain properties as well as cash held by lenders in escrow accounts for tenant and capital improvements, repairs and maintenance and other lender reserves for certain properties, in accordance with the respective lender’s loan agreement. Restricted cash held in escrow is reported in other assets, net in the accompanying consolidated balance sheets . Restricted bank deposits consist of tenant receipts for certain properties which are required to be deposited into lender-controlled accounts in accordance with the respective lender's loan agreement. Restricted bank deposits are reported in other assets, net in the accompanying consolidated balance sheets . See Note 6—"Other Assets, Net" . On April 1, 2017, the Company adopted Accounting Standards Update, or ASU, 2016-18, Restricted Cash , or ASU 2016-18. ASU 2016-18 requires that a statement of cash flows explain the change during a reporting period in the total of cash, cash equivalents and restricted cash. This ASU states that transfers between cash, cash equivalents and restricted cash are not part of the Company’s operating, investing and financing activities. Therefore, restricted cash should be included with cash and cash equivalents when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows. The following table presents a reconciliation of the beginning of year and end of year cash, cash equivalents and restricted cash reported within the consolidated balance sheets to the totals shown in the consolidated statements of cash flows (amounts in thousands): For the Year Ended Beginning of year: 2018 2017 2016 Cash and cash equivalents 74,803 50,446 31,262 Restricted cash 10,944 6,463 1,927 Cash, cash equivalents and restricted cash $ 85,747 $ 56,909 $ 33,189 End of year: Cash and cash equivalents 68,360 74,803 50,446 Restricted cash 11,167 10,944 6,463 Cash, cash equivalents and restricted cash $ 79,527 $ 85,747 $ 56,909 Deferred Financing Costs Deferred financing costs are loan fees, legal fees and other third-party costs associated with obtaining financing. These costs are amortized over the terms of the respective financing agreements using the effective interest method. Unamortized deferred financing costs are generally expensed when the associated debt is refinanced or repaid before maturity unless specific rules are met that would allow for the carryover of such costs to the refinanced debt. Costs incurred in seeking financing transactions that do not close are expensed in the period in which it is determined that the financing will not close. Deferred financing costs are recorded as a reduction of the related debt on the accompanying consolidated balance sheets. Deferred financing costs related to a revolving line of credit are recorded in other assets, net, on the accompanying consolidated balance sheets. Investment in Real Estate Real estate costs related to the acquisition, development, construction and improvement of properties are capitalized. Repair and maintenance costs are expensed as incurred and significant replacements and betterments are capitalized. Repair and maintenance costs include all costs that do not extend the useful life of the real estate asset. The Company considers the period of future benefit of an asset in determining the appropriate useful life. Real estate assets, other than land, are depreciated or amortized on a straight-line basis over each asset’s useful life. The Company anticipates the estimated useful lives of its assets by class as follows: Buildings and improvements 15 – 40 years Tenant improvements Shorter of lease term or expected useful life Furniture, fixtures, and equipment 3 – 10 years Allocation of Purchase Price of Real Estate Upon the acquisition of real properties, the Company evaluates whether the acquisition is a business combination or an asset acquisition. For both business combinations and asset acquisitions we allocate the purchase price of properties to acquired tangible assets, consisting of land, buildings and improvements, and acquired intangible assets and liabilities, consisting of the value of above-market and below-market leases and the value of in-place leases. For asset acquisitions, the Company capitalizes transaction costs and allocates the purchase price using a relative fair value method allocating all accumulated costs. For business combinations, the Company expenses transaction costs associated as incurred and allocates the purchase price based on the estimated fair value of each separately identifiable asset and liability. The fair values of the tangible assets of an acquired property (which includes land, buildings and improvements) are determined by valuing the property as if it were vacant, and the “as-if-vacant” value is then allocated to land and buildings and improvements based on management’s determination of the relative fair value of these assets. Management determines the as-if-vacant fair value of a property using methods similar to those used by independent appraisers. Factors considered by management in performing these analyses include an estimate of carrying costs during the expected lease-up periods considering current market conditions and costs to execute similar leases, including leasing commissions and other related costs. In estimating carrying costs, management includes real estate taxes, insurance, and other operating expenses during the expected lease-up periods based on current market conditions. The fair values of above-market and below-market in-place leases are recorded based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) an estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining non-cancelable term of the lease including any fixed rate bargain renewal periods, with respect to a below-market lease. The above-market and below-market lease values are capitalized as intangible lease assets or liabilities. Above-market lease values are amortized as an adjustment of rental income over the remaining terms of the respective leases. Below-market leases are amortized as an adjustment of rental income over the remaining terms of the respective leases, including any fixed rate bargain renewal periods. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above-market and below-market in-place lease values related to that lease would be recorded as an adjustment to rental income. The fair values of in-place leases include an estimate of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rentals that are avoided by acquiring an in-place lease. Direct costs associated with obtaining a new tenant include commissions, tenant improvements, and other direct costs and are estimated based on management’s consideration of current market costs to execute a similar lease. The value of opportunity costs is calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. These lease intangibles are amortized to expense over the remaining terms 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. Acquisition Fees and Expenses Acquisition fees and expenses associated with the acquisition of properties determined to be business combinations are expensed as incurred, including investment transactions that are no longer under consideration, and are included in acquisition related expenses in the accompanying consolidated statements of comprehensive income . Acquisition fees and expenses associated with transactions determined to be asset acquisitions are capitalized in real estate, net in the accompanying consolidated balance sheets. Impairment of Long Lived Assets The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate and related intangible assets may not be recoverable. When indicators of potential impairment suggest that the carrying value of real estate and related intangible assets may not be recoverable, the Company assesses the recoverability of the assets by estimating whether the Company will recover the carrying value of the asset through its undiscounted future cash flows and its eventual disposition. If, based on this analysis, the Company does not believe that it will be able to recover the carrying value of the asset, the Company will record an impairment loss to the extent that the carrying value exceeds the estimated fair value of the asset. No impairment loss has been recorded to date. When developing estimates of expected future cash flows, the Company makes certain assumptions regarding future market rental income amounts subsequent to the expiration of current lease arrangements, property operating expenses, terminal capitalization and discount rates, the number of months it takes to re-lease the property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in the future cash flow analysis could result in a different determination of the property’s future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the carrying value of the real estate and related assets. Fair Value ASC 820, Fair Value Measurements and Disclosures , or ASC 820, defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosures about fair value measurements. ASC 820 emphasizes that fair value is intended to be a market-based measurement, as opposed to a transaction-specific measurement. Fair value is defined by ASC 820 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. 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 other than quoted prices for similar assets and liabilities in active markets 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, 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 used to estimate the fair value of the Company’s financial assets and liabilities: Cash and cash equivalents, restricted cash, tenant receivables, property escrow deposits, prepaid and other assets, accounts payable and accrued liabilities —The Company considered the carrying values of these financial instruments, assets and liabilities, to approximate fair value because of the short period of time between origination of the instruments and their expected realization. Notes payable—Fixed Rate —The fair value is estimated by discounting the expected cash flows on notes payable at current rates at which management believes similar loans would be made considering the terms and conditions of the loan and prevailing market interest rates. Secured credit facility—Fixed Rate —The fair value is estimated by discounting the expected cash flows on the fixed rate secured credit facility at current rates at which management believes similar borrowings would be made considering the terms and conditions of the borrowings and prevailing market interest rates. Secured credit facility—Variable Rate —The carrying value of the variable rate secured credit facility approximates fair value as the interest is calculated at the London Interbank Offered Rate, plus an applicable margin. The interest rate resets to market on a monthly basis. The fair value of the Company's variable rate secured credit facility is estimated based on the interest rates currently offered to the Company by financial institutions. Derivative instruments —The Company’s derivative instruments consist of interest rate swaps. These swaps are carried at fair value to comply with the provisions of ASC 820. The fair value of these instruments is determined using interest rate market pricing models. The Company incorporated credit valuation adjustments to appropriately reflect the Company’s nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. 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 on disposition of the financial assets and liabilities. Revenue Recognition, Tenant Receivables and Allowance for Uncollectible Accounts Effective January 1, 2018, the Company recognizes non-rental related revenue in accordance with Accounting Standards Codification, or ASC, 606, Revenue from Contracts with Customers , or ASC 606. The core principle of ASC 606 is that an entity should recognize revenue to depict 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. A five-step transactional analysis is required to determine how and when to recognize revenue. Non-rental revenue, subject to ASC 606, is immaterial to the Company's financial statements. The Company has identified its revenue streams as rental income from leasing arrangements and tenant reimbursement revenue, which are outside the scope of ASC 606. The majority of the Company's revenue is derived from rental revenue which is accounted for in accordance with ASC 840, Leases . In accordance with ASC 840, Leases , minimum rental revenue is recognized on a straight-line basis over the term of the related lease (including rent holidays). Differences between rental income recognized and amounts contractually due under the lease agreements are credited or charged to straight-line rent receivable or straight-line rent liability, as applicable. Tenant reimbursement revenue, which is comprised of additional amounts recoverable from tenants for common area maintenance expenses and certain other recoverable expenses, is recognized when the services are provided and the performance obligations are satisfied. Tenant receivables and unbilled straight-line rent receivables are carried net of the allowances for uncollectible current tenant receivables and unbilled deferred rent. An allowance will be maintained for estimated losses resulting from the inability of certain tenants to meet the contractual obligations under their lease agreements. The Company also maintains an allowance for straight-line rent receivables arising from the straight-lining of rents. The Company’s determination of the adequacy of these allowances is based primarily upon evaluations of historical loss experience, the tenant’s financial condition, security deposits, letters of credit, lease guarantees and current economic conditions and other relevant factors. As of December 31, 2018 , the Company did no t have an allowance for uncollectible tenant receivables. Tenant leases may be net leases in which the total operating expenses are recoverable, modified gross leases in which some of the operating expenses are recoverable or gross leases in which no expenses are recoverable (gross leases represent only a small portion of the Company's total leases). The contractual amounts due under gross lease arrangements are not allocated between the rental and expense reimbursement components. The aggregate revenue earned under gross leases is presented in rental and parking revenue on the consolidated statements of comprehensive income . Earnings Per Share The Company calculates basic earnings per share by dividing net income attributable to common stockholders for the period by the weighted average shares of its common stock outstanding for that period. Diluted earnings per share are computed based on the weighted average number of shares outstanding and all potentially dilutive securities. Shares of non-vested restricted common stock give rise to potentially dilutive shares of common stock. For the years ended December 31, 2018 , 2017 and 2016 , diluted earnings per share reflected the effect of approximately 24,000 , 18,000 and 16,000 shares, respectively, of non-vested shares of restricted common stock that were outstanding as of such period. Reportable Segments ASC, 280, Segment Reporting , establishes standards for reporting financial and descriptive information about an enterprise’s reportable segments. As of December 31, 2018 and 2017 , the Company operated through two reportable business segments­— real estate investments in data centers and healthcare. With the continued expansion of the Company’s portfolio, segregation of the Company’s operations into two reporting segments is useful in assessing the performance of the Company’s business in the same way that management reviews performance and makes operating decisions. See Note 11—"Segment Reporting" for further discussion on the reportable segments of the Company. Derivative Instruments and Hedging Activities As required by ASC 815, Derivatives and Hedging , or ASC 815, the Company records all derivative instruments as assets and liabilities in the statement of financial position at fair value. The accounting for changes in the fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and further, on the type of hedging relationship. For those derivative instruments that are designated and qualify as hedging instruments, a company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge or a hedge of a net investment in a foreign operation. For derivative instruments not designated as hedging instruments, the income or loss is recognized in the consolidated statements of comprehensive income during the current period. The Company is exposed to variability in expected future cash flows that are attributable to interest rate changes in the normal course of business. The Company’s primary strategy in entering into derivative contracts is to add stability to future cash flows by managing its exposure to interest rate movements. The Company utilizes derivative instruments, including interest rate swaps, to effectively convert some its variable rate debt to fixed rate debt. The Company does not enter into derivative instruments for speculative purposes. In accordance with ASC 815, the Company designates interest rate swap contracts as cash flow hedges of floating-rate borrowings. For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the income or loss on the derivative instrument is reported as a component of other comprehensive income in the consolidated statements of comprehensive income and reclassified into earnings in the same line item associated with the forecasted transaction and the same period during which the hedged transaction affects earnings. The ineffective portion of the income or loss on the derivative instrument is recognized in the consolidated statements of comprehensive income during the current period. In accordance with the fair value measurement guidance ASU 2011-04, Fair Value Measurement , the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. Concentration of Credit Risk and Significant Leases As of December 31, 2018 , the Company had cash on deposit, including restricted cash, in certain financial institutions that had deposits in excess of current federally insured levels. The Company limits its cash investments to financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits. To date, the Company has experienced no loss or lack of access to cash in its accounts. As of December 31, 2018 , the Company owned real estate investments in 42 metropolitan statistical areas, or MSAs, two of which accounted for 10.0% or more of revenue. Real estate investments located in the Atlanta-Sandy Springs-Roswell, Georgia MSA and the Houston-The Woodlands-Sugar Land, Texas MSA accounted for 16.8% and 10.0% , respectively, of revenue for the year ended December 31, 2018 . As of December 31, 2018 , the Company had no exposure to tenant concentration that accounted for 10.0% or more of revenue for the year ended December 31, 2018 . Stockholders’ Equity The Company’s charter authorized the issuance of up to 600,000,000 shares of stock, consisting of 175,000,000 shares of Class A common stock, 75,000,000 shares of Class I common stock, 175,000,000 shares of Class T common stock and 75,000,000 shares of Class T2 common stock, $0.01 par value per share, and 100,000,000 shares of preferred stock, $0.01 par value per share. Other than the different fees with respect to each class and the payment of a distribution and servicing fee out of amounts otherwise distributable to Class T stockholders and Class T2 stockholders, Class A shares, Class I and Class T and Class T2 shares have identical rights and privileges, such as identical voting rights. The Company terminated the Offering on November 27, 2018. The net proceeds from the sale of the four classes of shares in the Offering were commingled for investment purposes and all earnings from all of the investments proportionally accrue to each share regardless of the class. As of December 31, 2018 , the Company had 143,412,353 shares of Class A, Class I, Class T and Class T2 common stock issued and 136,466,242 shares of Class A, Class I, Class T and Class T2 common stock outstanding, and no shares of preferred stock issued and outstanding. As of December 31, 2017 , the Company had 126,559,834 shares of Class A, Class I and Class T common stock issued and 124,327,777 shares of Class A, Class I and Class T common stock outstanding, and no shares of preferred stock issued and outstanding. The charter authorizes the Company’s board of directors, without stockholder approval, to designate and issue one or more classes or series of preferred stock and to set or change the voting, conversion or other rights, preferences, restrictions, limitations as to dividends or other distributions and qualification or terms or conditions of repurchase of each class of stock so issued. Share Repurchase Program The Company’s share repurchase program allows for repurchases of shares of the Company’s common stock when certain criteria are met. The share repurchase program provides that all repurchases during any calendar year, including those redeemable upon death or a Qualifying Disability of a stockholder, are limited to those that can be funded with equivalent proceeds raised from the DRIP Offering during the prior calendar year and other operating funds, if any, as the board of directors, in its sole discretion, may reserve for this purpose. Repurchases of shares of the Company’s common stock are at the sole discretion of the Company’s board of directors, provided, however, that the Company will limit the number of shares repurchased during any calendar year to 5.0% of the number of shares of common stock outstanding as of December 31 st of the previous calendar year. In addition, the Company’s board of directors, in its sole discretion, may suspend (in whole or in part) the share repurchase program at any time, and may amend, reduce, terminate or otherwise change the share repurchase program upon 30 days' prior notice to the Company’s stockholders for any reason it deems appropriate. During the year ended December 31, 2018, the board of directors of the Company approved and adopted the Fourth Amended and Restated Share Repurchase Program, or the Amended & Restated SRP, which was effective on August 29, 2018. The Amended & Restated SRP provides, among other things, that the Company will repurchase shares on a quarterly, instead of monthly basis. Subsequently, the board of directors of the Company approved and adopted the Fifth Amended and Restated Share Repurchase Program clarifying the definition "Repurchase Date". See Part II, Item 5. "Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities" for more information on the Amended & Restated SRP. During the year ended December 31, 2018 , the Company repurchased, in accordance with the Amended & Restated SRP, 4,700,554 Class A shares, Class I shares and Class T shares of common stock ( 4,117,566 Class A shares, 71,180 Class I shares and 511,808 Class T shares), or 3.80% of shares outstanding as of December 31, 2017 , for an aggregate purchase price of approximately $43,230,000 (an average of $9.20 per share). During the year ended December 31, 2017 , the Company repurchased 1,880,820 Class A shares, Class I shares and Class T shares of common stock ( 1,793,424 Class A shares, 5,457 Class I shares and 81,939 Class T shares) of common stock, or 2.27% of shares outstanding as of December 31, 2016 , for an aggregate purchase price of approximately $17,159,000 (an average of $9.12 per share). Distribution Policy and Distributions Payable In order to maintain its status as a REIT, the Company is required to make distributions each taxable year equal to at least 90% of its REIT taxable income, computed without regard to the dividends paid deduction and excluding capital gains. To the extent funds are available, the Company intends to continue to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of the applicable record dates. Distributions are payable to stockholders from legally available funds therefor. The Company declared distributions per share of common stock in the amounts of $0.63 and $0.62 for the years ended December 31, 2018 and 2017 , respectively. As of December 31, 2018 , the Company had distributions payable of approximately $7,317,000 . Of these distributions payable, approximately $3,715,000 was paid in cash and approximately $3,602,000 was reinvested in shares of common stock pursuant to the DRIP on January 2, 2019. Distributions to stockholders are determined by the board of directors of the Company and are dependent upon a number of factors relating to the Company, including funds available for the payment of distributions, financial condition, the timing of property acquisitions, capital expenditure requirements, and annual distribution requirements in order to maintain the Company’s status as a REIT under the Code. See Note 21—"Subsequent Events" for further discussion. Income Taxes The Company currently qualifies and is taxed as a REIT under Sections 856 through 860 of the Code. Accordingly, it will generally not be subject to corporate U.S. federal or state income tax to the extent that it makes qualifying distributions to stockholders, and provided it satisfies, on a continuing basis, through actual investment and operating results, the REIT requirements, including certain asset, income, distribution and stock ownership tests. If the Company fails to qualify as a REIT, and does not qualify for certain statutory relief provisions, it would be subject to U.S. federal, state and local income taxes and may be precluded from qualifying as a REIT for the subsequent four taxable years following the year in which it lost its REIT qualification, unless the Internal Revenue Service grants the Company relief under certain statutory provisions. Accordingly, failure to qualify as a REIT could have a material adverse impact on the results of operations and amounts available for distribution to stockholders. The dividends paid deduction of a REIT for qualifying dividends paid to its stockholders is computed using the Company’s taxable income as opposed to net income reported in the consolidated financial statements. Taxable income, generally, will differ from net income reported in the consolidated financial statements because the determination of taxable income is based on tax provisions and not financial accounting principles. The Company has concluded that there was no impact related to uncertain tax provisions from results of operations of the Company for the years ended December 31, 2018 , 2017 and 2016 . The United States of America is the jurisdiction for the Company, and the earliest tax year subject to examination will be 2015. Recently Issued Accounting Pronouncements On May 28, 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , or ASU 2014-09. The pronouncement was issued to clarify the principles for recognizing revenue and to develop a common revenue standard and disclosure requirements. The pronouncement is effective for reporting periods beginning after December 15, 2017. On February 25, 2016, the FASB released ASU 2016-02, Leases (Topic 842) . Upon adoption of ASU 2016-02 in 2019, as discussed below, the Company will be required to separate lease contracts into lease and non-lease components, whereby the non-lease components would be subject to ASU 2014-09. The Company adopted the provisions of ASU 2014-09 effective January 1, 2018, using the modified retrospective approach. Property rental revenue is accounted for in accordance with ASC 840, Leases . The Company's rental revenue consists of (i) contractual revenues from leases recognized on a straight-line basis over the term of the respective lease; (ii) parking revenue; and (iii) the reimbursements of the tenants' share of real estate taxes, insurance and other operating expenses. The Company determined that the revenue recognition from parking revenue will be generally consistent with prior recognition methods, and therefore did not have material changes to the

Real Estate Investments

Real Estate Investments	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Real Estate Investments	Real Estate Investments During the year ended December 31, 2018 , the Company purchased nine real estate investments, consisting of 15 properties, all of which were determined to be asset acquisitions. Upon the acquisition of the real estate properties determined to be asset acquisitions, the Company allocated the purchase price of the real estate properties to acquired tangible assets, consisting of land, buildings and improvements, tenant improvements, and acquired intangible assets and liabilities, based on a relative fair value method allocating all accumulated costs. The following table summarizes the consideration transferred for the properties acquired during the year ended December 31, 2018 : Property Description Date Acquired Ownership Percentage Purchase Price (amounts in thousands) Rancho Cordova Data Center Portfolio (1) 03/14/2018 100% $ 52,087 Carrollton Healthcare Facility 04/27/2018 100% 8,699 Oceans Katy Behavioral Health Hospital 06/08/2018 100% 15,715 San Jose Data Center 06/13/2018 100% 50,408 Indianola Healthcare Facilities Portfolio (2) 09/26/2018 100% 14,471 Canton Data Center 10/03/2018 100% 9,686 Benton Hot Springs Healthcare Facilities Portfolio (3) 10/17/2018 100% 31,245 Clive Healthcare Facility 11/26/2018 100% 24,541 Valdosta Healthcare Facilities Portfolio (4) 11/28/2018 100% 10,480 Total $ 217,332 (1) The Rancho Cordova Data Center Portfolio consists of two properties. (2) The Indianola Healthcare Facilities Portfolio consists of two properties. (3) The Benton Hot Springs Healthcare Facilities Portfolio consists of four properties. (4) The Valdosta Healthcare Facilities Portfolio consists of two properties. The following table summarizes the Company's allocation of the real estate acquisitions during the year ended December 31, 2018 , (amounts in thousands): Total Land $ 23,510 Buildings and improvements 165,984 In-place leases 21,908 Tenant improvements 5,834 Ground leasehold assets 754 Above market leases 907 Total assets acquired 218,897 Below market leases (1,565 ) Total liabilities acquired (1,565 ) Net assets acquired $ 217,332 Acquisition fees and costs associated with transactions determined to be asset acquisitions are capitalized. The Company capitalized acquisition fees and costs of approximately $6,011,000 related to properties acquired during the year ended December 31, 2018 , which are included in the Company's allocation of the real estate acquisitions presented above. The total amount of all acquisition fees and costs is limited to 6.0% of the contract purchase price of a property. The contract purchase price is the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a property exclusive of acquisition fees and costs. For the year ended December 31, 2018 , acquisition fees and costs did not exceed 6.0% of the contract purchase price of the Company's acquisitions during such period.

Acquired Intangible Assets, Net

Acquired Intangible Assets, Net	12 Months Ended
	Dec. 31, 2018
Finite-Lived Intangible Assets, Net [Abstract]
Acquired Intangible Assets, Net	Acquired Intangible Assets, Net Acquired intangible assets, net, consisted of the following as of December 31, 2018 and 2017 (amounts in thousands, except weighted average life amounts): December 31, 2018 December 31, 2017 In-place leases, net of accumulated amortization of $41,143 and $21,776, respectively (with a weighted average remaining life of 10.1 years and 11.0 years, respectively) $ 151,135 $ 148,594 Above-market leases, net of accumulated amortization of $899 and $358, respectively (with a weighted average remaining life of 5.1 years and 2.8 years, respectively) 1,710 1,344 Ground lease assets, net of accumulated amortization of $39 and $28, respectively (with a weighted average remaining life of 83.5 years and 65.8 years, respectively) 1,359 616 $ 154,204 $ 150,554 The aggregate weighted average remaining life of the acquired intangible assets was 10.6 years and 11.2 years as of December 31, 2018 and December 31, 2017 , respectively. Amortization of the acquired intangible assets for the years ended December 31, 2018 , 2017 and 2016 was $19,919,000 , $14,167,000 and $5,987,000 , respectively. Amortization of the above-market leases is recorded as an adjustment to rental and parking revenue, amortization of the in-place leases is included in depreciation and amortization, and amortization of the ground lease interests is included in rental and parking expenses in the accompanying consolidated statements of comprehensive income . Estimated amortization expense on the acquired intangible assets as of December 31, 2018 , and for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 20,472 2020 18,267 2021 17,470 2022 15,064 2023 13,669 Thereafter 69,262 $ 154,204

Intangible Lease Liabilities, N

Intangible Lease Liabilities, Net	12 Months Ended
	Dec. 31, 2018
Intangible Lease Liabilities, Net [Abstract]
Intangible Lease Liabilities, Net	Intangible Lease Liabilities, Net Intangible lease liabilities, net, consisted of the following as of December 31, 2018 and 2017 (amounts in thousands, except weighted average life amounts): December 31, 2018 December 31, 2017 Below-market leases, net of accumulated amortization of $7,592 and $2,760, respectively (with a weighted average remaining life of 17.6 years and 18.7 years, respectively) $ 57,606 $ 61,294 $ 57,606 $ 61,294 Amortization of below-market leases for the years ended December 31, 2018 , 2017 and 2016 was $4,832,000 , $2,126,000 and $536,000 , respectively. Amortization of below-market leases is recorded as an adjustment to rental and parking revenue in the accompanying consolidated statements of comprehensive income . Estimated amortization of the below-market leases as of December 31, 2018 , for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 4,927 2020 4,871 2021 4,843 2022 3,752 2023 3,091 Thereafter 36,122 $ 57,606

Other Assets, Net

Other Assets, Net	12 Months Ended
	Dec. 31, 2018
Other Assets [Abstract]
Other Assets, Net	Other Assets, Net Other assets, net, consisted of the following as of December 31, 2018 and 2017 (amounts in thousands): December 31, 2018 December 31, 2017 Deferred financing costs, related to the revolver portion of the secured credit facility, net of accumulated amortization of $4,686 and $3,426, respectively $ 3,053 $ 1,850 Real estate escrow deposits — 100 Restricted cash 11,167 10,944 Tenant receivables 6,080 4,916 Straight-line rent receivable 32,685 19,321 Prepaid and other assets 8,344 6,117 Derivative assets 6,204 3,934 $ 67,533 $ 47,182 Amortization of deferred financing costs related to the revolver portion of the secured credit facility for the years ended December 31, 2018 , 2017 and 2016 was $1,260,000 , $1,637,000 and $987,000 , respectively, which was recorded as interest expense in the accompanying consolidated statements of comprehensive income .

Accounts Payable and Other Liab

Accounts Payable and Other Liabilities	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Accounts Payable and Other Liabilities	Accounts Payable and Other Liabilities Accounts payable and other liabilities, as of December 31, 2018 and 2017 , consisted of the following (amounts in thousands): December 31, 2018 December 31, 2017 Accounts payable and accrued expenses $ 9,188 $ 13,220 Accrued interest expense 3,219 2,410 Accrued property taxes 2,309 1,532 Distributions payable to stockholders 7,317 6,566 Tenant deposits 875 682 Deferred rental income 6,647 3,277 Derivative liabilities — 22 $ 29,555 $ 27,709

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2018
Notes Payable [Abstract]
Notes Payable	Notes Payable The Company had $467,786,000 principal outstanding in notes payable collateralized by real estate properties as of December 31, 2018 . As of December 31, 2018 , the notes payable weighted average interest rate was 4.4% . The following table summarizes the notes payable balances as of December 31, 2018 and 2017 (amounts in thousands): Interest Rates December 31, 2018 December 31, 2017 Range Weighted Maturity Date Fixed rate notes payable $ 220,351 $ 220,436 4.0% - 4.8% 4.3% 12/11/2021 - 07/01/2027 Variable rate notes payable fixed through interest rate swaps 247,435 247,699 3.7% - 5.1% 4.6% 10/28/2021 - 11/16/2022 Total notes payable, principal amount outstanding $ 467,786 $ 468,135 Unamortized deferred financing costs related to notes payable (3,441 ) (4,393 ) Total notes payable, net of deferred financing costs $ 464,345 $ 463,742 The Company did not enter into any notes payable during the year ended December 31, 2018. The principal payments due on the notes payable as of December 31, 2018 , for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Total Amount 2019 $ 1,937 2020 4,530 2021 155,207 2022 164,971 2023 2,712 Thereafter 138,429 $ 467,786

Credit Facility

Credit Facility	12 Months Ended
	Dec. 31, 2018
Line of Credit Facility [Abstract]
Credit Facility	Credit Facility The Company's outstanding secured credit facility as of December 31, 2018 and 2017 consisted of the following (amounts in thousands): December 31, 2018 December 31, 2017 Variable rate revolving line of credit $ 105,000 $ 120,000 Variable rate term loan fixed through interest rate swaps 100,000 100,000 Variable rate term loan 150,000 — Total secured credit facility, principal amount outstanding 355,000 220,000 Unamortized deferred financing costs related to the term loan secured credit facility (2,489 ) (601 ) Total secured credit facility, net of deferred financing costs $ 352,511 $ 219,399 Significant activities regarding the secured credit facility during the year ended December 31, 2018 include: • On April 27, 2018, the Operating Partnership and certain of the Company’s subsidiaries entered into the Third Amended and Restated Credit Agreement (the "A&R Credit Agreement") to add seven new lenders and to increase the maximum commitments available under the secured credit facility from $425,000,000 to an aggregate of up to $700,000,000 , consisting of a $450,000,000 revolving line of credit, with a maturity date of April 27, 2022 , subject to the Operating Partnership's right for one , 12 -month extension period, and a $250,000,000 term loan, with a maturity date of April 27, 2023 . In connection with the A&R Credit Agreement, the Company converted $150,000,000 of the outstanding balance on its revolving line of credit into $150,000,000 outstanding on its term loan. The annual interest rate payable under the secured credit facility was decreased to, at the Operating Partnership's option, either (a) the London Interbank Offered Rate, plus an applicable margin ranging from 1.75% to 2.25% , which is determined based on the overall leverage of the Operating Partnership; or (b) a base rate, which means, for any day, a fluctuating rate per annum equal to the prime rate for such day, plus an applicable margin ranging from 0.75% to 1.25% , which is determined based on the overall leverage of the Operating Partnership. • During the year ended December 31, 2018 , the Company drew $155,000,000 to fund the acquisition of five real estate investments and repaid $20,000,000 on its secured credit facility. • On January 29, 2019, the Company amended the secured credit facility agreement by adding beneficial ownership provisions, modifying certain definitions related to change of control and consolidated total secured debt and clarifying certain covenants related to restrictions on indebtedness and restrictions on liens. The principal payments due on the secured credit facility as of December 31, 2018 , for each of the next five years ending December 31, are as follows (amounts in thousands): Year Amount 2019 $ — 2020 — 2021 — 2022 105,000 2023 250,000 $ 355,000 The proceeds of loans made under the secured credit facility may be used to finance the acquisitions of real estate investments, for tenant improvements and leasing commissions with respect to real estate, for repayment of indebtedness, for capital expenditures with respect to real estate, and for general corporate and working capital purposes. The secured credit facility can be increased to $1,000,000,000 , subject to certain conditions. In addition to interest, the Operating Partnership is required to pay a fee on the unused portion of the lenders’ commitments under the secured credit facility at a per annum rate equal to 0.25% if the average daily amount outstanding under the secured credit facility is less than 50% of the lenders’ commitments or 0.15% if the average daily amount outstanding under the secured credit facility is greater than or equal to 50% of the lenders’ commitments. The unused fee is payable quarterly in arrears. As of December 31, 2018 , the interest rate on the variable rate portion of the secured credit facility was 4.5% and the interest rate on the variable rate fixed through interest rate swap portion of the secured credit facility was 3.8% . The actual amount of credit available under the secured credit facility is a function of certain loan-to-cost, loan-to-value and debt service coverage ratios contained in the secured credit facility agreement. The amount of credit available under the secured credit facility will be a maximum principal amount of the value of the assets that are included in the pool availability. The obligations of the Operating Partnership with respect to the secured credit facility agreement are guaranteed by the Company, including but not limited to, the payment of any outstanding indebtedness under the secured credit facility agreement and all terms, conditions and covenants of the secured credit facility agreement, as further discussed below. The secured credit facility agreement contains various affirmative and negative covenants that are customary for credit facilities and transactions of this type, including limitations on the incurrence of debt by the Operating Partnership and its subsidiaries that own properties that serve as collateral for the secured credit facility, limitations on the nature of the Operating Partnership’s business, and limitations on distributions by the Company, the Operating Partnership and its subsidiaries. The secured credit facility agreement imposes the following financial covenants, which are specifically defined in the secured credit facility agreement, on the Operating Partnership: (a) maximum ratio of indebtedness to gross asset value; (b) minimum ratio of adjusted consolidated earnings before interest, taxes, depreciation and amortization to consolidated fixed charges; (c) minimum tangible net worth; (d) minimum liquidity thresholds; (e) minimum weighted average remaining lease term of properties in the collateral pool; and (f) minimum number of properties in the collateral pool. The Company was in compliance with all financial covenant requirements at December 31, 2018 .

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 no direct employees. Substantially all of the Company's business is managed by the Advisor. The employees of the Advisor and other affiliates provide services to the Company related to acquisitions, property management, asset management, accounting, investor relations, and all other administrative services. Organization and Offering Expenses The Company reimburses the Advisor and its affiliates for organization and offering expenses it incurs on the Company’s behalf, but only to the extent the reimbursement did not cause the selling commissions, dealer manager fees, distribution and servicing fees and other organization and offering expenses to exceed 15.0% of the gross proceeds of the Company's Initial Offering or Offering, respectively. Other offering costs, which are offering expenses other than selling commissions, dealer manager fees and distribution and servicing fees, associated with the Company's Initial Offering and Offering, which terminated on November 24, 2017 and November 27, 2018, respectively, were approximately 2.0% and 2.5% of the gross proceeds, respectively. As of December 31, 2018 , the Company reimbursed the Advisor and its affiliates approximately $19,192,000 in other offering costs. As of December 31, 2018 , since inception, the Company paid approximately $542,000 to an affiliate of the Dealer Manager in other offering costs. Other organization expenses are expensed as incurred and offering costs are charged to stockholders’ equity as incurred. Selling Commissions, Dealer Manager Fees and Distribution and Servicing Fees Through the termination of the Offering on November 27, 2018, the Company paid the Dealer Manager selling commissions and dealer manager fees in connection with the purchase of shares of certain classes of common stock. The Company continues to pay the Dealer Manager a distribution and servicing fee with respect to its Class T and T2 shares that were sold in the Company's Initial Offering and Offering. See Part III, Item 13. "Certain Relationships and Related Transactions, and Director Independence" for more information on distribution and servicing fees. All selling commissions were expected to be re-allowed to participating broker-dealers. The dealer manager fee could be partially re-allowed to participating broker-dealers. No selling commissions, dealer manager fees and distribution and servicing fees are paid in connection with purchases of shares of any class made pursuant to the DRIP. Class A Shares Through the termination of the Offering, the Company paid the Dealer Manager selling commissions of up to 7.0% of the gross offering proceeds per Class A share. In addition, the Company paid the Dealer Manager a dealer manager fee of up to 3.0% of gross offering proceeds from the sale of Class A shares. Class I Shares The Company did not pay selling commissions with respect to Class I shares. Through the termination of the Offering, the Dealer Manager may have received up to 2.0% of the gross offering proceeds from the sale of Class I shares as a dealer manager fee, of which 1.0% was funded by the Advisor without reimbursement from the Company. The 1.0% of the dealer manager fee paid from offering proceeds was waived in the event an investor purchased Class I shares through a registered investment advisor that was not affiliated with a broker dealer. Class T Shares The Company paid the Dealer Manager selling commissions of up to 3.0% of the gross offering proceeds per Class T share. In addition, the Company paid the Dealer Manager a dealer manager fee up to 3.0% of gross offering proceeds from the sale of Class T shares. The Company ceased offering Class T shares in the Offering on March 14, 2018. Beginning on March 15, 2018, the Company offered Class T2 shares in the Offering, as described below. Class T2 Shares Through the termination of the Offering, the Company paid the Dealer Manager selling commissions of up to 3.0% of gross offering proceeds per Class T2 share. In addition, the Company paid the Dealer Manager a dealer manager fee of up to 2.5% of gross offering proceeds from the sale of Class T2 shares. Acquisition Fees and Expenses The Company pays to the Advisor 2.0% of the contract purchase price of each property or asset acquired. In addition, the Company reimburses the Advisor for acquisition expenses incurred in connection with the selection and acquisition of properties or real estate-related investments (including expenses relating to potential investments that the Company does not close), such as legal fees and expenses, costs of real estate due diligence, appraisals, non-refundable option payments on properties not acquired, travel and communications expenses, accounting fees and expenses and title insurance premiums, whether or not the property was acquired. Since the Company's formation through December 31, 2018, the Company reimbursed the Advisor approximately 0.01% of the aggregate purchase price all of properties acquired. Acquisition fees and expenses associated with the acquisition of properties determined to be business combinations are expensed as incurred, including investment transactions that are no longer under consideration, and are included in acquisition related expenses in the accompanying consolidated statements of comprehensive income. Acquisition fees and expenses associated with transactions determined to be an asset acquisition are capitalized in real estate, net, in the accompanying consolidated balance sheets. Asset Management Fees The Company pays to the Advisor an asset management fee calculated on a monthly basis in an amount equal to 1/12th of 0.75% of aggregate asset value, which is payable monthly in arrears. Property Management Fees In connection with the rental, leasing, operation and management of the Company’s properties, the Company pays the Property Manager and its affiliates aggregate fees equal to 3.0% of gross revenues from the properties managed, or property management fees. The Company reimburses the Property Manager and its affiliates for property-level expenses that any of them pay or incur on the Company’s behalf, including certain salaries, bonuses and benefits of persons employed by the Property Manager and its affiliates except for the salaries, bonuses and benefits of persons who also serve as one of its executive officers. The Property Manager and its affiliates may subcontract the performance of their duties to third parties and pay all or a portion of the property management fee to the third parties with whom they contract for these services. If the Company contracts directly with third parties for such services, it will pay them customary market fees and may pay the Property Manager an oversight fee equal to 1.0% of the gross revenues of the properties managed. In no event will the Company pay the Property Manager or any affiliate both a property management fee and an oversight fee with respect to any particular property. Property Management fees are recorded in rental and parking expenses in the accompanying consolidated statements of comprehensive income. Operating Expenses The Company reimburses the Advisor for all operating expenses it paid or incurred in connection with the services provided to the Company, subject to certain limitations. Expenses in excess of the operating expenses in the four immediately preceding quarters that exceed the greater of (a) 2.0% of average invested assets or (b) 25% of net income, subject to certain adjustments, will not be reimbursed unless the independent directors determine such excess expenses are justified. The Company will not reimburse the Advisor for personnel costs in connection with services for which the Advisor receives an acquisition fee or a disposition fee. Operating expenses incurred on the Company’s behalf are recorded in general and administrative expenses in the accompanying consolidated statements of comprehensive income. On May 15, 2017, the Advisor employed Gael Ragone, who is the daughter of John E. Carter, the chairman of the Company's board of directors, as Vice President of Product Management of Carter Validus Advisors II, LLC. Effective June 18, 2018, Ms. Ragone is no longer employed by the Advisor. The Company directly reimbursed the Advisor any amounts of Ms. Ragone's salary that were allocated to the Company. For the years ended December 31, 2018 and 2017 , the Advisor allocated approximately $69,000 and $98,000 , respectively, which is included in other offering costs in the accompanying consolidated balance sheets . Leasing Commission Fees The Company also pays the Property Manager a separate fee for the initial lease-up, leasing-up of newly constructed properties or re-leasing to existing tenants. Leasing commission fees are capitalized in other assets, net, in the accompanying consolidated balance sheets and amortized over the term of the related lease. Construction Management Fees For acting as general contractor and/or construction manager to supervise or coordinate projects or to provide major repairs or rehabilitation on our properties, the Company may pay the Property Manager up to 5.0% of the cost of the projects, repairs and/or rehabilitation, as applicable, or construction management fees. Construction management fees are capitalized in real estate, net, in the accompanying consolidated balance sheets. Disposition Fees The Company will pay its Advisor, or its affiliates, if it provides a substantial amount of services (as determined by a majority of the Company’s independent directors) in connection with the sale of properties, a disposition fee, equal to the lesser of 1.0% of the contract sales price and one-half of the total brokerage commission paid if a third party broker is also involved, without exceeding the lesser of 6.0% of the contract sales price or a reasonable, customary and competitive real estate commission. As of December 31, 2018, the Company had no t incurred any disposition fees to the Advisor or its affiliates. Subordinated Participation in Net Sale Proceeds Upon the sale of the Company, the Advisor will receive 15% of the remaining net sale proceeds after return of capital contributions plus payment to investors of a 6.0% annual cumulative, non-compounded return on the capital contributed by investors, or the subordinated participation in net sale proceeds. As of December 31, 2018, the Company had no t incurred any subordinated participation in net sale proceeds to the Advisor or its affiliates. Subordinated Incentive Listing Fee Upon the listing of the Company’s shares on a national securities exchange, the Advisor will receive 15% of the amount by which the sum of the Company’s adjusted market value plus distributions exceeds the sum of the aggregate capital contributed by investors plus an amount equal to a 6.0% annual cumulative, non-compounded return to investors, or the subordinated incentive listing fee. As of December 31, 2018, the Company had no t incurred any subordinated incentive listing fees to the Advisor or its affiliates. Subordinated Distribution Upon Termination Fee Upon termination or non-renewal of the advisory agreement, with or without cause, the Advisor will be entitled to receive subordinated termination fees from the Operating Partnership equal to 15% of the amount by which the sum of the Company’s adjusted market value plus distributions exceeds the sum of the aggregate capital contributed by investors plus an amount equal to an annual 6.0% cumulative, non-compounded return to investors. In addition, the Advisor may elect to defer its right to receive a subordinated termination fee upon termination until either shares of the Company’s common stock are listed and traded on a national securities exchange or another liquidity event occurs. As of December 31, 2018, the Company had no t incurred any subordinated termination fees to the Advisor or its affiliates. The following table details amounts incurred and payable to affiliates in connection with the Company's operations-related services and services related to the Offerings as described above for the years ended December 31, 2018, 2017 and 2016 and as of December 31, 2018 and 2017 (amounts in thousands): For the Year Ended As of December 31, Fee Entity 2018 2017 2016 2018 2017 Other offering costs reimbursement Carter Validus Advisors II, LLC and its affiliates $ 2,154 $ 4,704 $ 4,428 $ 89 $ 167 Selling commissions and dealer manager fees SC Distributors, LLC 4,836 22,713 24,546 — — Distribution and servicing fees SC Distributors, LLC 368 9,617 6,213 10,218 13,376 Acquisition fees Carter Validus Advisors II, LLC and its affiliates 4,226 11,936 11,515 32 5 Asset management fees Carter Validus Advisors II, LLC and its affiliates 13,114 9,963 4,925 1,182 1,017 Property management fees Carter Validus Real Estate Management Services II, LLC 4,391 3,249 1,473 420 463 Operating expense reimbursement Carter Validus Advisors II, LLC and its affiliates 1,804 1,543 1,257 421 182 Leasing commission fees Carter Validus Real Estate Management Services II, LLC 497 907 — 25 — Construction management fees Carter Validus Real Estate Management Services II, LLC 243 719 754 40 39 Total $ 31,633 $ 65,351 $ 55,111 $ 12,427 $ 15,249

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting Management reviews the performance of individual properties and aggregates individual properties based on operating criteria into two reportable segments—commercial real estate investments in data centers and healthcare, and makes operating decisions based on these two reportable segments. The Company’s commercial real estate investments in data centers and healthcare are based on certain underwriting assumptions and operating criteria, which are different for data centers and healthcare. The Company evaluates performance based on net operating income of the individual properties in each segment. Net operating income, a non-GAAP financial measure, is defined as total revenues, less rental and parking expenses, which excludes depreciation and amortization, general and administrative expenses, acquisition related expenses, asset management fees and interest and other expense, net. The Company believes that segment net operating income serves as a useful supplement to net income (loss) because it allows investors and management to measure unlevered property-level operating results and to compare operating results to the operating results of other real estate companies between periods on a consistent basis. Segment net operating income should not be considered as an alternative to net income (loss) determined in accordance with GAAP as an indicator of financial performance, and accordingly, the Company believes that in order to facilitate a clear understanding of the consolidated historical operating results, segment net operating income should be examined in conjunction with net income (loss) as presented in the accompanying consolidated financial statements and data included elsewhere in this Annual Report on Form 10-K . Non-segment assets primarily consist of corporate assets, including cash and cash equivalents, real estate and escrow deposits, deferred financing costs attributable to the revolving line of credit portion of the Company's secured credit facility and other assets not attributable to individual properties. Summary information for the reportable segments during the years ended December 31, 2018 , 2017 and 2016 , is as follows (amounts in thousands): Data Centers Healthcare For the Year Ended Revenue: Rental, parking and tenant reimbursement revenue $ 103,226 $ 74,106 $ 177,332 Expenses: Rental and parking expenses (27,289 ) (10,038 ) (37,327 ) Segment net operating income $ 75,937 $ 64,068 140,005 Expenses: General and administrative expenses (5,396 ) Asset management fees (13,114 ) Depreciation and amortization (58,258 ) Income from operations 63,237 Interest and other expense, net (34,364 ) Net income attributable to common stockholders $ 28,873 Data Centers Healthcare For the Year Ended Revenue: Rental, parking and tenant reimbursement revenue $ 62,377 $ 62,718 $ 125,095 Expenses: Rental and parking expenses (17,571 ) (8,525 ) (26,096 ) Segment net operating income $ 44,806 $ 54,193 98,999 Expenses: General and administrative expenses (4,069 ) Asset management fees (9,963 ) Depreciation and amortization (41,133 ) Income from operations 43,834 Interest and other expense, net (22,555 ) Net income attributable to common stockholders $ 21,279 Data Centers Healthcare For the Year Ended Revenue: Rental, parking and tenant reimbursement revenue $ 12,929 $ 43,502 $ 56,431 Expenses: Rental and parking expenses (2,509 ) (5,655 ) (8,164 ) Segment net operating income $ 10,420 $ 37,847 48,267 Expenses: General and administrative expenses (3,105 ) Acquisition related expenses (5,339 ) Asset management fees (4,925 ) Depreciation and amortization (19,211 ) Income from operations 15,687 Interest and other expense, net (4,390 ) Net income attributable to common stockholders $ 11,297 There were no intersegment sales or transfers during the years ended December 31, 2018 , 2017 and 2016 . Assets by each reportable segment as of December 31, 2018 and December 31, 2017 are as follows (amounts in thousands): December 31, 2018 December 31, 2017 Assets by segment: Data centers $ 1,001,357 $ 909,477 Healthcare 900,114 813,742 All other 62,358 54,725 Total assets $ 1,963,829 $ 1,777,944 Capital additions and acquisitions by reportable segments for the years ended December 31, 2018 , 2017 and 2016 are as follows (amounts in thousands): For the Year Ended 2018 2017 2016 Capital additions and acquisitions by segment: Data centers $ 114,944 $ 472,438 $ 314,030 Healthcare 117,971 164,445 229,670 Total capital additions and acquisitions $ 232,915 $ 636,883 $ 543,700

Future Minimum Rent

Future Minimum Rent	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Future Minimum Rent	Future Minimum Rent Rental Income The Company’s real estate properties are leased to tenants under operating leases with varying terms. Typically, the leases have provisions to extend the terms of the lease agreements. The Company retains substantially all of the risks and benefits of ownership of the real estate properties leased to tenants. The future minimum rent to be received from the Company’s investment in real estate properties under non-cancelable operating leases, including optional renewal periods for which exercise is reasonably assured, as of December 31, 2018 , for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 145,109 2020 146,826 2021 149,142 2022 144,560 2023 141,915 Thereafter 1,005,017 $ 1,732,569 Rental Expense The Company has three ground lease obligations that generally require fixed annual rental payments and may also include escalation clauses and renewal options. The ground lease payments associated with one of the ground leases is paid directly by the tenant, therefore, the future minimum rent obligations are excluded from the table below. The future minimum rent obligations under non-cancelable ground leases as of December 31, 2018 , for each of the next five years ended December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 123 2020 123 2021 123 2022 123 2023 123 Thereafter 2,246 $ 2,861

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Notes payable—Fixed Rate —The estimated fair value of notes payable — fixed rate measured using observable inputs from similar liabilities (Level 2) was approximately $214,282,000 and $211,011,000 as of December 31, 2018 and December 31, 2017 , respectively, as compared to the outstanding principal of $220,351,000 and $220,436,000 as of December 31, 2018 and December 31, 2017 , respectively. The estimated fair value of notes payable — variable rate fixed through interest rate swap agreements (Level 2) was approximately $241,739,000 and $243,812,000 as of December 31, 2018 and December 31, 2017 , respectively, as compared to the outstanding principal of $247,435,000 and $247,699,000 as of December 31, 2018 and December 31, 2017 , respectively. Secured credit facility —The outstanding principal of the secured credit facility—variable was $255,000,000 and $120,000,000 , which approximated its fair value as of December 31, 2018 and December 31, 2017 , respectively. The fair value of the Company's variable rate secured credit facility is estimated based on the interest rates currently offered to the Company by financial institutions. The estimated fair value of the secured credit facility—variable rate fixed through interest rate swap agreements (Level 2) was approximately $96,146,000 and $98,593,000 as of December 31, 2018 and December 31, 2017 , respectively, as compared to the outstanding principal of $100,000,000 and $100,000,000 as of December 31, 2018 and December 31, 2017 , respectively. Derivative instruments —Considerable judgment is necessary to develop estimated fair values of financial instruments. Accordingly, the estimates presented herein are not necessarily indicative of the amount the Company could realize, or be liable for, on disposition of the financial instruments. The Company has determined that the majority of the inputs used to value its interest rate swaps fall within Level 2 of the fair value hierarchy. The credit valuation adjustments associated with these instruments utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by the Company and the respective counterparty. However, as of December 31, 2018 , the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions, and has determined that the credit valuation adjustments are not significant to the overall valuation of its interest rate swaps. As a result, the Company determined that its interest rate swaps valuation is classified in Level 2 of the fair value hierarchy. 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 (amounts in thousands): December 31, 2018 Fair Value Hierarchy Quoted Prices in Active Significant Other Significant Total Fair Assets: Derivative assets $ — $ 6,204 $ — $ 6,204 Total assets at fair value $ — $ 6,204 $ — $ 6,204 December 31, 2017 Fair Value Hierarchy Quoted Prices in Active Significant Other Significant Total Fair Assets: Derivative assets $ — $ 3,934 $ — $ 3,934 Total assets at fair value $ — $ 3,934 $ — $ 3,934 Liabilities: Derivative liabilities $ — $ 22 $ — $ 22 Total liabilities at fair value $ — $ 22 $ — $ 22

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 Cash Flow Hedges of Interest Rate Risk The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish these objectives, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed rate payments over the life of the agreements without exchange of the underlying notional amount. The effective portion of changes in the fair value of derivatives designated, and that qualify, as cash flow hedges is recorded in accumulated other comprehensive income in the accompanying consolidated statements of stockholders' equity and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. During the years ended December 31, 2018 , 2017 and 2016 , the Company's derivative instruments were used to hedge the variable cash flows associated with variable rate debt. The ineffective portion of changes in fair value of the derivatives are recognized directly in earnings. During the year ended December 31, 2018, the Company recognized a loss of $98,000 and during the years ended December 31, 2017 and 2016 , the Company recognized a gain of $58,000 and $144,000 respectively, due to ineffectiveness of its hedges of interest rate risk, which was recorded in interest and other expense, net, in the accompanying consolidated statements of comprehensive income . Amounts reported in accumulated other comprehensive income related to the derivative will be reclassified to interest and other expense, net as interest payments are made on the Company’s variable rate debt. During the next twelve months, the Company estimates that an additional $2,738,000 will be reclassified from accumulated other comprehensive income as a decrease to interest and other expense, net. See Note 13—"Fair Value" for a further discussion of the fair value of the Company’s derivative instruments. The following table summarizes the notional amount and fair value of the Company’s derivative instruments (amounts in thousands): Derivatives Balance Effective Maturity December 31, 2018 December 31, 2017 Outstanding Fair Value of Outstanding Fair Value of Asset (Liability) Asset (Liability) Interest rate swaps Other assets, net/Accounts 07/01/2016 to 12/22/2020 to $ 347,435 $ 6,204 $ — $ 347,699 $ 3,934 $ (22 ) The notional amount under the agreements is an indication of the extent of the Company’s involvement in the instruments at the time, 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 to hedge the variability of the anticipated cash flows on its variable rate secured credit facility and notes payable. The change in fair value of the effective portion of the derivative instruments that are designated as hedges is recorded in other comprehensive income (loss) in the accompanying consolidated statements of comprehensive income . The table below summarizes the amount of income recognized on the interest rate derivatives designated as cash flow hedges for the years ended December 31, 2018 , 2017 and 2016 (amounts in thousands): Derivatives in Cash Flow Hedging Relationships Amount of Income Recognized Location of Income (Loss) Amount of Income (Loss) For the Year Ended December 31, 2018 Interest rate swaps $ 3,208 Interest and other expense, net $ 818 Total $ 3,208 $ 818 For the Year Ended December 31, 2017 Interest rate swaps $ 1,484 Interest and other expense, net $ (1,386 ) Total $ 1,484 $ (1,386 ) For the Year Ended December 31, 2016 Interest rate swaps $ 744 Interest and other expense, net $ (96 ) Total $ 744 $ (96 ) Credit Risk-Related Contingent Features T he Company has agreements with each of its derivative counterparties that contain a provision where if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligations. The Company records credit risk valuation adjustments on its interest rate swaps based on the respective credit quality of the Company and the counterparty. The Company believes it mitigates its credit risk by entering into agreements with creditworthy counterparties. As of December 31, 2018 , there were no derivatives in a net liability position. As of December 31, 2018 , there were no termination events or events of default related to the interest rate swaps. Tabular Disclosure Offsetting Derivatives The Company has elected not to offset derivative positions in its consolidated financial statements. The following tables present the effect on the Company’s financial position had the Company made the election to offset its derivative positions as of December 31, 2018 and 2017 (amounts in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Balance Sheet Gross Gross Amounts Net Amounts of Financial Instruments Cash Collateral Net December 31, 2018 $ 6,204 $ — $ 6,204 $ — $ — $ 6,204 December 31, 2017 $ 3,934 $ — $ 3,934 $ — $ — $ 3,934 Offsetting of Derivative Liabilities Gross Amounts Not Offset in the Balance Sheet Gross Gross Amounts Net Amounts of Financial Instruments Cash Collateral Net December 31, 2018 $ — $ — $ — $ — $ — $ — December 31, 2017 $ 22 $ — $ 22 $ — $ — $ 22 The Company reports derivatives in the accompanying consolidated balance sheets as other assets, net, and accounts payable and other liabilities.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income The following table presents a rollforward of amounts recognized in accumulated other comprehensive income by component for the years ended December 31, 2018 , 2017 and 2016 (amounts in thousands): Unrealized Income on Derivative Balance as of December 31, 2016 $ 840 Other comprehensive income before reclassification 1,484 Amount of loss reclassified from accumulated other comprehensive income to net income (effective portion) 1,386 Other comprehensive income 2,870 Balance as of December 31, 2017 $ 3,710 Other comprehensive income before reclassification 3,208 Amount of income reclassified from accumulated other comprehensive income to net income (effective portion) (818 ) Other comprehensive income 2,390 Balance as of December 31, 2018 $ 6,100 The following table presents reclassifications out of accumulated other comprehensive income for the years ended December 31, 2018 , 2017 and 2016 (amounts in thousands): Details about Accumulated Other Amounts Reclassified from Affected Line Items in the Consolidated Statements of Comprehensive Income For the Year Ended 2018 2017 2016 Interest rate swap contracts $ (818 ) $ 1,386 $ 96 Interest and other expense, net

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Stock-based Compensation On May 6, 2014, the Company adopted the Carter Validus Mission Critical REIT II, Inc. 2014 Restricted Share Plan, or the Incentive Plan, pursuant to which the Company has the power and authority to grant restricted or deferred stock awards to persons eligible under the Incentive Plan. The Company authorized and reserved 300,000 shares of its Class A shares for issuance under the Incentive Plan, subject to certain adjustments. Subject to certain limited exceptions, restricted stock may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of and is subject to forfeiture within the vesting period. Restricted stock awards generally vest ratably over four years. The Company uses the straight-line method to recognize expenses for service awards with graded vesting. Restricted stock awards are entitled to receive dividends during the vesting period. In addition to the ratable amortization of fair value over the vesting period, dividends paid on unvested shares of restricted stock which are not expected to vest are charged to compensation expense in the period paid. On July 20, 2018, the Company granted an aggregate of 9,000 shares of restricted Class A common stock to its independent directors in connection with their re-election to the board of directors of the Company. Additionally, on July 24, 2018, the Company granted 3,000 restricted shares of Class A common stock in connection with the election of a new independent board member. The fair value of each share of restricted common stock was estimated at the date of grant at $9.18 per share. The restricted stock awards vest over a period of four years. The awards are amortized using the straight-line method over four years. As of December 31, 2018 and 2017 , there was $192,000 and $173,000 , respectively, of total unrecognized compensation expense related to nonvested shares of the Company’s restricted Class A common stock. This expense is expected to be recognized over a remaining weighted average period of 1.76 years . This expected expense does not include the impact of any future stock-based compensation awards. As of December 31, 2018 and 2017 , the fair value of the nonvested shares of restricted Class A common stock was $235,875 and $206,550 , respectively. A summary of the status of the nonvested shares of restricted Class A common stock as of December 31, 2017 and the changes for the year ended December 31, 2018 is presented below: Restricted Stock Shares Nonvested at December 31, 2017 22,500 Vested (9,000 ) Granted 12,000 Nonvested at December 31, 2018 25,500 Stock-based compensation expense for the years ended December 31, 2018 , 2017 and 2016 was approximately $90,000 , $76,000 and $58,000 , respectively, which is reported in general and administrative costs in the accompanying consolidated statements of comprehensive income .

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes As a REIT, the Company generally will not be subject to U.S. federal income tax on taxable income that it distributes to the stockholders. For U.S. federal income tax purposes, distributions to stockholders are characterized as either ordinary dividends, capital gain distributions, or nontaxable distributions. Nontaxable distributions will reduce U.S. stockholders’ respective bases in their shares. The following table shows the character of distributions the Company paid on a percentage basis during the years ended December 31, 2018 , 2017 and 2016 : For the Year Ended December 31, Character of Class A Distributions: 2018 2017 2016 Ordinary dividends 41.38 % 36.49 % 34.23 % Nontaxable distributions 58.62 % 63.51 % 65.77 % Total 100.00 % 100.00 % 100.00 % For the Year Ended December 31, Character of Class I Distributions: 2018 2017 2016 Ordinary dividends 41.38 % 36.49 % — % Nontaxable distributions 58.62 % 63.51 % — % Total 100.00 % 100.00 % — % For the Year Ended December 31, Character of Class T Distributions: 2018 2017 2016 Ordinary dividends 33.01 % 25.93 % 23.07 % Nontaxable distributions 66.99 % 74.07 % 76.93 % Total 100.00 % 100.00 % 100.00 % For the Year Ended December 31, Character of Class T2 Distributions: 2018 2017 2016 Ordinary dividends 33.01 % — % — % Nontaxable distributions 66.99 % — % — % Total 100.00 % — % — % The Company is subject to certain state and local income taxes on income, property or net worth in some jurisdictions, and in certain circumstances may also be subject to federal excise tax on undistributed income. Texas, Tennessee and Massachusetts are the major state and local tax jurisdictions for the Company. The Company applies the rules under ASC 740-10, Accounting for Uncertainty in Income Taxes , for uncertain tax positions using a “more likely than not” recognition threshold for tax positions. Pursuant to these rules, the financial statement effects of a tax position are initially recognized when it is more likely than not, based on the technical merits of the tax position, that such a position will be sustained upon examination by the relevant tax authorities. If the tax benefit meets the “more likely than not” threshold, the measurement of the tax benefit will be based on the Company's estimate of the ultimate tax benefit to be sustained if audited by the taxing authority. The Company concluded there was no impact related to uncertain tax positions from the results of the operations of the Company for the years ended December 31, 2018 , 2017 and 2016 . The earliest tax year subject to examination is 2015. The Company’s policy is to recognize accrued interest related to unrecognized tax benefits as a component of interest expense and penalties related to unrecognized tax benefits as a component of general and administrative expenses. From inception through December 31, 2018 , the Company has not recognized any interest expense or penalties related to unrecognized tax benefits.

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 or claims. As of December 31, 2018 , there were, and currently there are, no material pending legal proceedings to which the Company is a party.

Economic Dependency

Economic Dependency	12 Months Ended
	Dec. 31, 2018
Economic Dependency [Abstract]
Economic Dependency	Economic Dependency The Company is dependent on the Advisor and its affiliates for certain services that are essential to the Company, including the identification, evaluation, negotiation, purchase and disposition of real estate investments and other investments; the management of the daily operations of the Company’s real estate portfolio; and other general and administrative responsibilities. In the event that the Advisor and its affiliates are unable to provide the respective services, the Company will be required to obtain such services from other sources.

Selected Quarterly Financial Da

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Data (Unaudited)	Selected Quarterly Financial Data (Unaudited) Presented in the following table is a summary of the unaudited quarterly financial information for the years ended December 31, 2018 and 2017 . The Company believes that all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts stated below to present fairly, and in accordance with GAAP, the selected quarterly information (amounts in thousands, except shares and per share data): 2018 Fourth Third Second First Total revenue $ 46,569 $ 45,518 $ 43,950 $ 41,295 Total expenses (30,627 ) (28,863 ) (28,556 ) (26,049 ) Income from operations 15,942 16,655 15,394 15,246 Interest and other expense, net (9,476 ) (8,938 ) (8,208 ) (7,742 ) Net income attributable to common stockholders $ 6,466 $ 7,717 $ 7,186 $ 7,504 Net income per common share attributable to common stockholders: Basic $ 0.05 $ 0.06 $ 0.06 $ 0.06 Diluted $ 0.05 $ 0.06 $ 0.06 $ 0.06 Weighted average number of common shares outstanding: Basic 135,271,638 132,467,127 129,926,130 126,384,346 Diluted 135,297,138 132,491,755 129,948,432 126,401,940 2017 Fourth Third Second First Total revenue $ 37,266 $ 36,205 $ 27,602 $ 24,022 Total expenses (23,926 ) (23,980 ) (17,888 ) (15,467 ) Income from operations 13,340 12,225 9,714 8,555 Interest and other expense, net (6,932 ) (6,786 ) (5,073 ) (3,764 ) Net income attributable to common stockholders $ 6,408 $ 5,439 $ 4,641 $ 4,791 Net income per common share attributable to common stockholders: Basic $ 0.05 $ 0.05 $ 0.05 $ 0.06 Diluted $ 0.05 $ 0.05 $ 0.05 $ 0.06 Weighted average number of common shares outstanding: Basic 119,651,271 105,388,118 94,910,818 86,482,927 Diluted 119,666,234 105,405,297 94,925,665 86,499,543

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Distributions Paid to Stockholders Class A Shares On January 2, 2019 , the Company paid aggregate distributions of approximately $4,613,000 to Class A stockholders ( $2,432,000 in cash and $2,181,000 in shares of the Company’s Class A common stock pursuant to the DRIP), which related to distributions declared for each day in the period from December 1, 2018 through December 31, 2018 . On February 1, 2019 , the Company paid aggregate distributions of approximately $4,594,000 to Class A stockholders ( $2,439,000 in cash and $2,155,000 in shares of the Company’s Class A common stock pursuant to the DRIP), which related to distributions declared for each day in the period from January 1, 2019 through January 31, 2019 . On March 1, 2019 , the Company paid aggregate distributions of approximately $4,146,000 to Class A stockholders ( $2,205,000 in cash and $1,941,000 in shares of the Company’s Class A common stock pursuant to the DRIP), which related to distributions declared for each day in the period from February 1, 2019 through February 28, 2019 . Class I Shares On January 2, 2019 , the Company paid aggregate distributions of approximately $698,000 to Class I stockholders ( $404,000 in cash and $294,000 in shares of the Company’s Class I common stock pursuant to the DRIP), which related to distributions declared for each day in the period from December 1, 2018 through December 31, 2018 . On February 1, 2019 , the Company paid aggregate distributions of approximately $696,000 to Class I stockholders ( $404,000 in cash and $292,000 in shares of the Company’s Class I common stock pursuant to the DRIP), which related to distributions declared for each day in the period from January 1, 2019 through January 31, 2019 . On March 1, 2019 , the Company paid aggregate distributions of approximately $628,000 to Class I stockholders ( $365,000 in cash and $263,000 in shares of the Company’s Class I common stock pursuant to the DRIP), which related to distributions declared for each day in the period from February 1, 2019 through February 28, 2019 . Class T Shares On January 2, 2019 , the Company paid aggregate distributions of approximately $1,842,000 to Class T stockholders ( $810,000 in cash and $1,032,000 in shares of the Company's Class T common stock pursuant to the DRIP), which related to distributions declared for each day in the period from December 1, 2018 through December 31, 2018 . On February 1, 2019 , the Company paid aggregate distributions of approximately $1,840,000 to Class T stockholders ( $813,000 in cash and $1,027,000 in shares of the Company's Class T common stock pursuant to the DRIP), which related to distributions declared for each day in the period from January 1, 2019 through January 31, 2019 . On March 1, 2019 , the Company paid aggregate distributions of approximately $1,665,000 to Class T stockholders ( $740,000 in cash and $925,000 in shares of the Company's Class T common stock pursuant to the DRIP), which related to distributions declared for each day in the period from February 1, 2019 through February 28, 2019 . Class T2 Shares On January 2, 2019 , the Company paid aggregate distributions of approximately $164,000 to Class T2 stockholders ( $69,000 in cash and $95,000 in shares of the Company's Class T2 common stock pursuant to the DRIP), which related to distributions declared for each day in the period from December 1, 2018 through December 31, 2018 . On February 1, 2019 , the Company paid aggregate distributions of approximately $165,000 to Class T2 stockholders ( $70,000 in cash and $95,000 in shares of the Company's Class T2 common stock pursuant to the DRIP), which related to distributions declared for each day in the period from January 1, 2019 through January 31, 2019 . On March 1, 2019 , the Company paid aggregate distributions of approximately $149,000 to Class T2 stockholders ( $63,000 in cash and $86,000 in shares of the Company's Class T2 common stock pursuant to the DRIP), which related to distributions declared for each day in the period from February 1, 2019 through February 28, 2019 . Distributions Authorized Class A Shares On February 26, 2019 , the board of directors of the Company approved and authorized a daily distribution to the Company’s Class A stockholders of record as of the close of business on each day of the period commencing on March 1, 2019 and ending on May 31, 2019. The distributions will be calculated based on 365 days in the calendar year and will be equal to $0.001802170 per share of Class A common stock, which will be equal to an annualized distribution rate of 6.40% , assuming a purchase price of $10.278 per Class A share. The distributions declared for each record date in March 2019, April 2019 and May 2019 will be paid in April 2019, May 2019 and June 2019, respectively. The distributions will be payable to stockholders from legally available funds therefor. Class I Shares On February 26, 2019 , the board of directors of the Company approved and authorized a daily distribution to the Company’s Class I stockholders of record as of the close of business on each day of the period commencing on March 1, 2019 and ending on May 31, 2019. The distributions will be calculated based on 365 days in the calendar year and will be equal to $0.001802170 per share of Class I common stock, which will be equal to an annualized distribution rate of 7.04% , assuming a purchase price of $9.343 per Class I share. The distributions declared for each record date in March 2019, April 2019 and May 2019 will be paid in April 2019, May 2019 and June 2019, respectively. The distributions will be payable to stockholders from legally available funds therefor. Class T Shares On February 26, 2019 , the board of directors of the Company approved and authorized a daily distribution to the Company’s Class T stockholders of record as of the close of business on each day of the period commencing on March 1, 2019 and ending on May 31, 2019. The distributions will be calculated based on 365 days in the calendar year and will be equal to $0.001561644 per share of Class T common stock, which will be equal to an annualized distribution rate of 5.79% , assuming a purchase price of $9.840 per Class T share. The distributions declared for each record date in March 2019, April 2019 and May 2019 will be paid in April 2019, May 2019 and June 2019, respectively. The distributions will be payable to stockholders from legally available funds therefor. Class T2 Shares On February 26, 2019 , the board of directors of the Company approved and authorized a daily distribution to the Company’s Class T2 stockholders of record as of the close of business on each day of the period commencing on March 1, 2019 and ending on May 31, 2019. The distributions will be calculated based on 365 days in the calendar year and will be equal to $0.001561644 per share of Class T2 common stock, which will be equal to an annualized distribution rate of 5.82% , assuming a purchase price of $9.788 per Class T2 share. The distributions declared for each record date in March 2019, April 2019 and May 2019 will be paid in April 2019, May 2019 and June 2019, respectively. The distributions will be payable to stockholders from legally available funds therefor.

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	CARTER VALIDUS MISSION CRITICAL REIT II, INC. SCHEDULE III REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION December 31, 2018 (in thousands) Initial Cost Cost Gross Amount Property Description Location Encumbrances Land Buildings and Land Buildings and Total Accumulated Year Date Cy Fair Surgical Center Houston, TX $ — (a) $ 762 $ 2,970 $ 106 $ 762 $ 3,076 $ 3,838 $ 448 1993 07/31/2014 Mercy Healthcare Facility Cincinnati, OH — (a) 356 3,167 40 356 3,207 3,563 405 2001 10/29/2014 Winston-Salem, NC IMF Winston-Salem, NC — (a) 684 4,903 — 684 4,903 5,587 590 2004 12/17/2014 New England Sinai Medical Center Stoughton, MA — (a) 4,049 19,991 1,870 4,049 21,861 25,910 2,332 1967/1973 (d) 12/23/2014 Baylor Surgical Hospital at Fort Worth Fort Worth, TX — (a) 8,297 35,615 — 8,297 35,615 43,912 3,774 2014 12/31/2014 Baylor Surgical Hospital Integrated Medical Facility Fort Worth, TX — (a) 367 1,587 164 367 1,751 2,118 318 2014 12/31/2014 Winter Haven Healthcare Facility Winter Haven, FL — — 2,805 — — 2,805 2,805 308 2009 01/27/2015 Heartland Rehabilitation Hospital Overland Park, KS — (a) 1,558 20,549 — 1,558 20,549 22,107 2,093 2014 02/17/2015 Indianapolis Data Center Indianapolis, IN — (a) 524 6,422 37 524 6,459 6,983 617 2000 (e) 04/01/2015 Clarion IMF Clarion, PA — (a) 462 5,377 — 462 5,377 5,839 644 2012 06/01/2015 Post Acute Webster Rehabilitation Hospital Webster, TX — (a) 1,858 20,140 — 1,858 20,140 21,998 1,870 2015 06/05/2015 Eagan Data Center Eagan, MN — (a) 768 5,037 — 768 5,037 5,805 550 1998 (f) 06/29/2015 Houston Surgical Hospital and LTACH Houston, TX — (a) 8,329 36,297 — 8,329 36,297 44,626 3,598 1950 (g) 06/30/2015 KMO IMF - Cincinnati I Cincinnati, OH — (a) 1,812 24,382 — 1,812 24,382 26,194 2,473 1959 (h) 07/22/2015 KMO IMF - Cincinnati II Cincinnati, OH — (a) 446 10,239 4 446 10,243 10,689 942 2014 07/22/2015 KMO IMF - Florence Florence, KY — (a) 650 9,919 1 650 9,920 10,570 909 2014 07/22/2015 KMO IMF - Augusta Augusta, ME — (a) 556 14,401 — 556 14,401 14,957 1,409 2010 07/22/2015 KMO IMF - Oakland Oakland, ME — (a) 229 5,416 — 229 5,416 5,645 573 2003 07/22/2015 Reading Surgical Hospital Wyomissing, PA — (a) 1,504 20,193 — 1,504 20,193 21,697 1,887 2007 07/24/2015 Post Acute Warm Springs Specialty Hospital of Luling Luling, TX — (a) 824 7,530 — 824 7,530 8,354 700 2002 07/30/2015 Minnetonka Data Center Minnetonka, MN — (a) 2,085 15,099 205 2,085 15,304 17,389 1,807 1985 08/28/2015 Nebraska Healthcare Facility Omaha, NE — (a) 1,259 9,796 — 1,259 9,796 11,055 826 2014 10/14/2015 Heritage Park - Sherman I Sherman, TX — (a) 1,679 23,926 — 1,679 23,926 25,605 1,943 2005 (i) 11/20/2015 Heritage Park - Sherman II Sherman, TX — (a) 214 3,209 — 214 3,209 3,423 263 2005 11/20/2015 Baylor Surgery Center at Fort Worth Fort Worth, TX — (a) 3,120 9,312 — 3,120 9,312 12,432 745 1998 (j) 12/23/2015 HPI - Oklahoma City I Oklahoma City, OK 22,500 4,626 30,509 — 4,626 30,509 35,135 2,520 1985 (k) 12/29/2015 HPI - Oklahoma City II Oklahoma City, OK — (a) 991 8,366 — 991 8,366 9,357 735 1994 (l) 12/29/2015 Waco Data Center Waco, TX — (a) 873 8,233 — 873 8,233 9,106 634 1956 (m) 12/30/2015 HPI - Edmond Edmond, OK — (a) 796 3,199 — 796 3,199 3,995 278 2002 01/20/2016 HPI - Oklahoma City III Oklahoma City, OK — (a) 368 2,344 — 368 2,344 2,712 204 2007 01/27/2016 Initial Cost Cost Gross Amount Property Description Location Encumbrances Land Buildings and Land Buildings and Total Accumulated Year Date HPI - Oklahoma City IV Oklahoma City, OK — (a) 452 1,081 — 452 1,081 1,533 97 2006 01/27/2016 Alpharetta Data Center III Alpharetta, GA — 3,395 11,081 25 3,395 11,106 14,501 885 1999 02/02/2016 Flint Data Center Flint, MI — (a) 111 7,001 — 111 7,001 7,112 545 1987 02/02/2016 HPI - Newcastle Newcastle, OK — (a) 412 1,173 — 412 1,173 1,585 102 1995 (n) 02/03/2016 HPI - Oklahoma City V Oklahoma City, OK — (a) 541 12,445 — 541 12,445 12,986 1,055 2008 02/11/2016 Vibra Rehabilitation Hospital Rancho Mirage, CA — 2,724 7,626 29,842 2,726 37,466 40,192 351 2018 03/01/2016 HPI - Oklahoma City VI Oklahoma City, OK — (a) 896 3,684 — 896 3,684 4,580 312 2007 03/07/2016 Tennessee Data Center Franklin, TN — (a) 6,624 10,971 135 6,624 11,106 17,730 836 2015 03/31/2016 HPI - Oklahoma City VII Oklahoma City, OK 25,000 3,203 32,380 — 3,203 32,380 35,583 2,160 2016 06/22/2016 Post Acute Las Vegas Rehabilitation Hospital Las Vegas, NV — 2,614 639 22,089 2,895 22,447 25,342 617 2017 06/24/2016 Somerset Data Center Somerset, NJ — (a) 906 10,466 — 906 10,466 11,372 769 1973 (o) 06/29/2016 Integris Lakeside Women's Hospital Oklahoma City, OK — (a) 2,002 15,384 — 2,002 15,384 17,386 1,012 1997 (p) 06/30/2016 AT&T Hawthorne Data Center Hawthorne, CA 39,749 16,498 57,312 — 16,498 57,312 73,810 3,340 1963 (q) 09/27/2016 McLean I McLean, VA 23,460 31,554 4,930 330 31,554 5,260 36,814 311 1966 (r) 10/17/2016 McLean II McLean, VA 27,540 20,392 22,727 105 20,392 22,832 43,224 1,294 1991 (s) 10/17/2016 Select Medical Rehabilitation Facility Marlton, NJ 31,790 — 57,154 5 — 57,159 57,159 3,038 1995 11/01/2016 Andover Data Center II Andover, MA — (a) 6,566 28,072 511 6,566 28,583 35,149 1,695 2000 11/08/2016 Grand Rapids Healthcare Facility Grand Rapids, MI 30,450 2,533 39,487 43 2,533 39,530 42,063 2,628 2008 12/07/2016 Corpus Christi Surgery Center Corpus Christi, TX — 975 4,963 462 1,002 5,398 6,400 296 1992 12/22/2016 Chicago Data Center II Downers Grove, IL — (a) 1,329 29,940 (545 ) 1,358 29,366 30,724 1,528 1987 (t) 12/28/2016 Blythewood Data Center Blythewood, SC — (a) 612 17,714 27 634 17,719 18,353 909 1983 12/29/2016 Tempe Data Center Tempe, AZ — (a) 2,997 11,991 92 2,997 12,083 15,080 613 1977 (u) 01/26/2017 Aurora Healthcare Facility Aurora, IL — (a) 973 9,632 — 973 9,632 10,605 466 2002 03/30/2017 Norwalk Data Center Norwalk, CT 34,200 10,125 43,360 53 10,125 43,413 53,538 1,986 2013 03/30/2017 Texas Rehab - Austin Austin, TX 20,881 1,368 32,039 — 1,368 32,039 33,407 1,545 2012 03/31/2017 Texas Rehab - Allen Allen, TX 13,150 857 20,582 — 857 20,582 21,439 993 2007 03/31/2017 Texas Rehab - Beaumont Beaumont, TX 5,869 946 8,372 — 946 8,372 9,318 406 1991 03/31/2017 Texas Rehab - San Antonio San Antonio, TX 10,500 1,813 11,706 — 1,813 11,706 13,519 489 1985/1992 06/29/2017 Charlotte Data Center II Charlotte, NC — (a) 372 17,131 2,917 372 20,048 20,420 717 1989 (v) 05/15/2017 250 Williams Atlanta Data Center Atlanta, GA 116,200 19,159 129,778 1,792 19,159 131,570 150,729 7,293 1989 (w) 06/15/2017 Sunnyvale Data Center Sunnyvale, CA — (a) 10,013 24,709 — 10,013 24,709 34,722 980 1992 (x) 06/28/2017 Cincinnati Data Center Cincinnati, OH — (a) 1,556 8,966 — 1,556 8,966 10,522 386 1985 (y) 06/30/2017 Silverdale Healthcare Facility Silverdale, WA — (a) 1,530 7,506 15 1,530 7,521 9,051 314 2005 08/25/2017 Silverdale Healthcare Facility II Silverdale, WA — (a) 1,542 4,981 — 1,542 4,981 6,523 216 2007 09/20/2017 King of Prussia Data Center King of Prussia, PA 12,239 1,015 17,413 — 1,015 17,413 18,428 581 1960 (z) 09/28/2017 Tempe Data Center II Tempe, AZ — (a) — 15,803 — — 15,803 15,803 534 1998 09/29/2017 Houston Data Center Houston, TX 48,607 10,082 101,051 — 10,082 101,051 111,133 2,884 2013 11/16/2017 Saginaw Healthcare Facility Saginaw, MI — (a) 1,251 15,878 — 1,251 15,878 17,129 586 2002 12/21/2017 Initial Cost Cost Gross Amount Property Description Location Encumbrances Land Buildings and Land Buildings and Total Accumulated Year Date Elgin Data Center Elgin, IL 5,651 1,067 7,861 (421 ) 1,067 7,440 8,507 210 2000 12/22/2017 Oklahoma City Data Center Oklahoma City, OK — (a) 1,868 44,253 — 1,868 44,253 46,121 1,185 2008/2016 12/27/2017 Rancho Cordova Data Center I Rancho Cordova, CA — (a) 1,760 32,109 — 1,760 32,109 33,869 647 1982 (aa) 03/14/2018 Rancho Cordova Data Center II Rancho Cordova, CA — (a) 1,943 10,340 — 1,943 10,340 12,283 213 1984 (ab) 03/14/2018 Carrollton Healthcare Facility Carrollton, TX — (a) 1,995 5,870 — 1,995 5,870 7,865 115 2015 04/27/2018 Oceans Katy Behavioral Health Hospital Katy, TX — (a) 1,443 12,114 — 1,443 12,114 13,557 170 2015 06/08/2018 San Jose Data Center San Jose, CA — (a) 12,205 34,309 — 12,205 34,309 46,514 477 1999 (ac) 06/13/2018 Indianola Healthcare I Indianola, IA — (a) 330 5,698 — 330 5,698 6,028 45 2014 09/26/2018 Indianola Healthcare II Indianola, IA — (a) 709 6,061 — 709 6,061 6,770 50 2011 09/26/2018 Canton Data Center Canton, OH — (a) 345 8,268 — 345 8,268 8,613 45 2008 10/03/2018 Benton Healthcare I (Benton) Benton, AR — (a) — 19,048 — — 19,048 19,048 108 1992/1999 10/17/2018 Benton Healthcare II (Bryant) Bryant, AR — (a) 930 3,539 — 930 3,539 4,469 22 1995 10/17/2018 Benton Healthcare III (Benton) Benton, AR — (a) — 1,647 — — 1,647 1,647 10 1983 10/17/2018 Benton Healthcare IV (Hot Springs) Hot Springs, AR — (a) 384 2,077 — 384 2,077 2,461 13 2009 10/17/2018 Clive Healthcare Facility Clive, IA — (a) 336 22,332 — 336 22,332 22,668 87 2008 11/26/2018 Valdosta Healthcare I Valdosta, GA — (a) 659 5,626 — 659 5,626 6,285 22 2004 11/28/2018 Valdosta Healthcare II Valdosta, GA — (a) 471 2,780 — 471 2,780 3,251 11 1992 11/28/2018 $ 467,786 $ 246,429 $ 1,451,993 $ 59,904 $ 246,790 $ 1,511,536 $ 1,758,326 $ 84,594 (a) Property collateralized under the secured credit facility. As of December 31, 2018 , 64 commercial properties were collateralized under the secured credit facility and the Company had $355,000,000 aggregate principal amount outstanding thereunder. (b) The aggregated cost for federal income tax purposes is approximately $1,641,512,000 (unaudited). (c) The Company’s assets are depreciated or amortized using the straight-line method over the useful lives of the assets by class. Generally, buildings and improvements are depreciated over 15 - 40 years and tenant improvements are depreciated over the shorter of lease term or expected useful life. (d) The New England Sinai Medical Center consists of two buildings and was renovated beginning in 1997 . (e) The Indianapolis Data Center was renovated in 2014 . (f) The Eagan Data Center was renovated in 2015 . (g) Houston Surgical Hospital and LTACH was renovated in 2005 and 2008 . (h) KMO IMF - Cincinnati I was renovated in 1970 and 2013 . (i) Heritage Park - Sherman I was renovated in 2010 . (j) Baylor Surgery Center at Fort Worth was renovated in 2007 and 2015 . (k) HPI - Oklahoma City I was renovated in 1998 and 2003 . (l) HPI - Oklahoma City II was renovated in 1999 . (m) The Waco Data Center was renovated in 2009 . (n) HPI - Newcastle was renovated in 1999 . (o) The Somerset Data Center was renovated in 2006 . (p) The Integris Lakeside Women's Hospital was renovated in 2008 . (q) The AT&T Hawthorne Data Center was renovated in 1983 and 2001 . (r) McLean I was renovated in 1998 . (s) McLean II was renovated in 1998 . (t) The Chicago Data Center II was renovated in 2016 . (u) The Tempe Data Center was renovated in 1983 , 2008 and 2011 . (v) The Charlotte Data Center II was renovated in 2016 . (w) The 250 Williams Atlanta Data Center was renovated in 2007 . (x) The Sunnyvale Data Center was renovated in 1998 . (y) The Cincinnati Data Center was renovated in 2001 . (z) The King of Prussia Data Center was renovated in 1997 . (aa) The Rancho Cordova Data Center I was renovated in 2008 and 2010 . (ab) The Rancho Cordova Data Center II was renovated in 2012 . (ac) The San Jose Data Center was renovated in 2005 . CARTER VALIDUS MISSION CRITICAL REIT II, INC. SCHEDULE III REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION (CONTINUED) December 31, 2018 (in thousands) 2018 2017 2016 Real Estate Balance at beginning of year $ 1,551,194 $ 915,521 $ 415,776 Additions: Acquisitions 195,328 601,546 487,276 Improvements 11,804 34,127 12,469 Balance at end of year $ 1,758,326 $ 1,551,194 $ 915,521 Accumulated Depreciation Balance at beginning of year $ (45,789 ) $ (18,521 ) $ (5,262 ) Depreciation (38,805 ) (27,268 ) (13,259 ) Balance at end of year $ (84,594 ) $ (45,789 ) $ (18,521 )

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
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, the Operating Partnership, and all wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash equivalents may include cash and short-term investments. Short-term investments are stated at cost, which approximates fair value.
Restricted Cash	Restricted Cash Restricted cash consists of restricted cash held in escrow and restricted bank deposits. Restricted cash held in escrow includes cash held in escrow accounts for capital improvements for certain properties as well as cash held by lenders in escrow accounts for tenant and capital improvements, repairs and maintenance and other lender reserves for certain properties, in accordance with the respective lender’s loan agreement. Restricted cash held in escrow is reported in other assets, net in the accompanying consolidated balance sheets . Restricted bank deposits consist of tenant receipts for certain properties which are required to be deposited into lender-controlled accounts in accordance with the respective lender's loan agreement. Restricted bank deposits are reported in other assets, net in the accompanying consolidated balance sheets . See Note 6—"Other Assets, Net" . On April 1, 2017, the Company adopted Accounting Standards Update, or ASU, 2016-18, Restricted Cash , or ASU 2016-18. ASU 2016-18 requires that a statement of cash flows explain the change during a reporting period in the total of cash, cash equivalents and restricted cash. This ASU states that transfers between cash, cash equivalents and restricted cash are not part of the Company’s operating, investing and financing activities. Therefore, restricted cash should be included with cash and cash equivalents when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs are loan fees, legal fees and other third-party costs associated with obtaining financing. These costs are amortized over the terms of the respective financing agreements using the effective interest method. Unamortized deferred financing costs are generally expensed when the associated debt is refinanced or repaid before maturity unless specific rules are met that would allow for the carryover of such costs to the refinanced debt. Costs incurred in seeking financing transactions that do not close are expensed in the period in which it is determined that the financing will not close. Deferred financing costs are recorded as a reduction of the related debt on the accompanying consolidated balance sheets. Deferred financing costs related to a revolving line of credit are recorded in other assets, net, on the accompanying consolidated balance sheets.
Investment in Real Estate	Investment in Real Estate Real estate costs related to the acquisition, development, construction and improvement of properties are capitalized. Repair and maintenance costs are expensed as incurred and significant replacements and betterments are capitalized. Repair and maintenance costs include all costs that do not extend the useful life of the real estate asset. The Company considers the period of future benefit of an asset in determining the appropriate useful life. Real estate assets, other than land, are depreciated or amortized on a straight-line basis over each asset’s useful life. The Company anticipates the estimated useful lives of its assets by class as follows: Buildings and improvements 15 – 40 years Tenant improvements Shorter of lease term or expected useful life Furniture, fixtures, and equipment 3 – 10 years
Allocation of Purchase Price of Real Estate	Allocation of Purchase Price of Real Estate Upon the acquisition of real properties, the Company evaluates whether the acquisition is a business combination or an asset acquisition. For both business combinations and asset acquisitions we allocate the purchase price of properties to acquired tangible assets, consisting of land, buildings and improvements, and acquired intangible assets and liabilities, consisting of the value of above-market and below-market leases and the value of in-place leases. For asset acquisitions, the Company capitalizes transaction costs and allocates the purchase price using a relative fair value method allocating all accumulated costs. For business combinations, the Company expenses transaction costs associated as incurred and allocates the purchase price based on the estimated fair value of each separately identifiable asset and liability. The fair values of the tangible assets of an acquired property (which includes land, buildings and improvements) are determined by valuing the property as if it were vacant, and the “as-if-vacant” value is then allocated to land and buildings and improvements based on management’s determination of the relative fair value of these assets. Management determines the as-if-vacant fair value of a property using methods similar to those used by independent appraisers. Factors considered by management in performing these analyses include an estimate of carrying costs during the expected lease-up periods considering current market conditions and costs to execute similar leases, including leasing commissions and other related costs. In estimating carrying costs, management includes real estate taxes, insurance, and other operating expenses during the expected lease-up periods based on current market conditions. The fair values of above-market and below-market in-place leases are recorded based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) an estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining non-cancelable term of the lease including any fixed rate bargain renewal periods, with respect to a below-market lease. The above-market and below-market lease values are capitalized as intangible lease assets or liabilities. Above-market lease values are amortized as an adjustment of rental income over the remaining terms of the respective leases. Below-market leases are amortized as an adjustment of rental income over the remaining terms of the respective leases, including any fixed rate bargain renewal periods. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above-market and below-market in-place lease values related to that lease would be recorded as an adjustment to rental income. The fair values of in-place leases include an estimate of direct costs associated with obtaining a new tenant and opportunity costs associated with lost rentals that are avoided by acquiring an in-place lease. Direct costs associated with obtaining a new tenant include commissions, tenant improvements, and other direct costs and are estimated based on management’s consideration of current market costs to execute a similar lease. The value of opportunity costs is calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. These lease intangibles are amortized to expense over the remaining terms 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.
Acquisition Fees and Expenses	Acquisition Fees and Expenses Acquisition fees and expenses associated with the acquisition of properties determined to be business combinations are expensed as incurred, including investment transactions that are no longer under consideration, and are included in acquisition related expenses in the accompanying consolidated statements of comprehensive income . Acquisition fees and expenses associated with transactions determined to be asset acquisitions are capitalized in real estate, net in the accompanying consolidated balance sheets.
Impairment of Long Lived Assets	Impairment of Long Lived Assets The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of its real estate and related intangible assets may not be recoverable. When indicators of potential impairment suggest that the carrying value of real estate and related intangible assets may not be recoverable, the Company assesses the recoverability of the assets by estimating whether the Company will recover the carrying value of the asset through its undiscounted future cash flows and its eventual disposition. If, based on this analysis, the Company does not believe that it will be able to recover the carrying value of the asset, the Company will record an impairment loss to the extent that the carrying value exceeds the estimated fair value of the asset. No impairment loss has been recorded to date. When developing estimates of expected future cash flows, the Company makes certain assumptions regarding future market rental income amounts subsequent to the expiration of current lease arrangements, property operating expenses, terminal capitalization and discount rates, the number of months it takes to re-lease the property, required tenant improvements and the number of years the property will be held for investment. The use of alternative assumptions in the future cash flow analysis could result in a different determination of the property’s future cash flows and a different conclusion regarding the existence of an impairment, the extent of such loss, if any, as well as the carrying value of the real estate and related assets.
Fair Value	Fair Value ASC 820, Fair Value Measurements and Disclosures , or ASC 820, defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosures about fair value measurements. ASC 820 emphasizes that fair value is intended to be a market-based measurement, as opposed to a transaction-specific measurement. Fair value is defined by ASC 820 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. 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 other than quoted prices for similar assets and liabilities in active markets 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, 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 used to estimate the fair value of the Company’s financial assets and liabilities: Cash and cash equivalents, restricted cash, tenant receivables, property escrow deposits, prepaid and other assets, accounts payable and accrued liabilities —The Company considered the carrying values of these financial instruments, assets and liabilities, to approximate fair value because of the short period of time between origination of the instruments and their expected realization. Notes payable—Fixed Rate —The fair value is estimated by discounting the expected cash flows on notes payable at current rates at which management believes similar loans would be made considering the terms and conditions of the loan and prevailing market interest rates. Secured credit facility—Fixed Rate —The fair value is estimated by discounting the expected cash flows on the fixed rate secured credit facility at current rates at which management believes similar borrowings would be made considering the terms and conditions of the borrowings and prevailing market interest rates. Secured credit facility—Variable Rate —The carrying value of the variable rate secured credit facility approximates fair value as the interest is calculated at the London Interbank Offered Rate, plus an applicable margin. The interest rate resets to market on a monthly basis. The fair value of the Company's variable rate secured credit facility is estimated based on the interest rates currently offered to the Company by financial institutions. Derivative instruments —The Company’s derivative instruments consist of interest rate swaps. These swaps are carried at fair value to comply with the provisions of ASC 820. The fair value of these instruments is determined using interest rate market pricing models. The Company incorporated credit valuation adjustments to appropriately reflect the Company’s nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. 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 on disposition of the financial assets and liabilities.
Revenue Recognition, Tenant Receivables and Allowance for Uncollectible Accounts	Revenue Recognition, Tenant Receivables and Allowance for Uncollectible Accounts Effective January 1, 2018, the Company recognizes non-rental related revenue in accordance with Accounting Standards Codification, or ASC, 606, Revenue from Contracts with Customers , or ASC 606. The core principle of ASC 606 is that an entity should recognize revenue to depict 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. A five-step transactional analysis is required to determine how and when to recognize revenue. Non-rental revenue, subject to ASC 606, is immaterial to the Company's financial statements. The Company has identified its revenue streams as rental income from leasing arrangements and tenant reimbursement revenue, which are outside the scope of ASC 606. The majority of the Company's revenue is derived from rental revenue which is accounted for in accordance with ASC 840, Leases . In accordance with ASC 840, Leases , minimum rental revenue is recognized on a straight-line basis over the term of the related lease (including rent holidays). Differences between rental income recognized and amounts contractually due under the lease agreements are credited or charged to straight-line rent receivable or straight-line rent liability, as applicable. Tenant reimbursement revenue, which is comprised of additional amounts recoverable from tenants for common area maintenance expenses and certain other recoverable expenses, is recognized when the services are provided and the performance obligations are satisfied. Tenant receivables and unbilled straight-line rent receivables are carried net of the allowances for uncollectible current tenant receivables and unbilled deferred rent. An allowance will be maintained for estimated losses resulting from the inability of certain tenants to meet the contractual obligations under their lease agreements. The Company also maintains an allowance for straight-line rent receivables arising from the straight-lining of rents. The Company’s determination of the adequacy of these allowances is based primarily upon evaluations of historical loss experience, the tenant’s financial condition, security deposits, letters of credit, lease guarantees and current economic conditions and other relevant factors. As of December 31, 2018 , the Company did no t have an allowance for uncollectible tenant receivables. Tenant leases may be net leases in which the total operating expenses are recoverable, modified gross leases in which some of the operating expenses are recoverable or gross leases in which no expenses are recoverable (gross leases represent only a small portion of the Company's total leases). The contractual amounts due under gross lease arrangements are not allocated between the rental and expense reimbursement components. The aggregate revenue earned under gross leases is presented in rental and parking revenue on the consolidated statements of comprehensive income .
Earnings Per Share	Earnings Per Share The Company calculates basic earnings per share by dividing net income attributable to common stockholders for the period by the weighted average shares of its common stock outstanding for that period. Diluted earnings per share are computed based on the weighted average number of shares outstanding and all potentially dilutive securities. Shares of non-vested restricted common stock give rise to potentially dilutive shares of common stock. For the years ended December 31, 2018 , 2017 and 2016 , diluted earnings per share reflected the effect of approximately 24,000 , 18,000 and 16,000 shares, respectively, of non-vested shares of restricted common stock that were outstanding as of such period.
Reportable Segments	Reportable Segments ASC, 280, Segment Reporting , establishes standards for reporting financial and descriptive information about an enterprise’s reportable segments. As of December 31, 2018 and 2017 , the Company operated through two reportable business segments­— real estate investments in data centers and healthcare. With the continued expansion of the Company’s portfolio, segregation of the Company’s operations into two reporting segments is useful in assessing the performance of the Company’s business in the same way that management reviews performance and makes operating decisions. See Note 11—"Segment Reporting" for further discussion on the reportable segments of the Company.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities As required by ASC 815, Derivatives and Hedging , or ASC 815, the Company records all derivative instruments as assets and liabilities in the statement of financial position at fair value. The accounting for changes in the fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and further, on the type of hedging relationship. For those derivative instruments that are designated and qualify as hedging instruments, a company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge or a hedge of a net investment in a foreign operation. For derivative instruments not designated as hedging instruments, the income or loss is recognized in the consolidated statements of comprehensive income during the current period. The Company is exposed to variability in expected future cash flows that are attributable to interest rate changes in the normal course of business. The Company’s primary strategy in entering into derivative contracts is to add stability to future cash flows by managing its exposure to interest rate movements. The Company utilizes derivative instruments, including interest rate swaps, to effectively convert some its variable rate debt to fixed rate debt. The Company does not enter into derivative instruments for speculative purposes. In accordance with ASC 815, the Company designates interest rate swap contracts as cash flow hedges of floating-rate borrowings. For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the income or loss on the derivative instrument is reported as a component of other comprehensive income in the consolidated statements of comprehensive income and reclassified into earnings in the same line item associated with the forecasted transaction and the same period during which the hedged transaction affects earnings. The ineffective portion of the income or loss on the derivative instrument is recognized in the consolidated statements of comprehensive income during the current period. In accordance with the fair value measurement guidance ASU 2011-04, Fair Value Measurement , the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio.
Concentration of Credit Risk and Significant Leases	Concentration of Credit Risk and Significant Leases As of December 31, 2018 , the Company had cash on deposit, including restricted cash, in certain financial institutions that had deposits in excess of current federally insured levels. The Company limits its cash investments to financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits. To date, the Company has experienced no loss or lack of access to cash in its accounts. As of December 31, 2018 , the Company owned real estate investments in 42 metropolitan statistical areas, or MSAs, two of which accounted for 10.0% or more of revenue. Real estate investments located in the Atlanta-Sandy Springs-Roswell, Georgia MSA and the Houston-The Woodlands-Sugar Land, Texas MSA accounted for 16.8% and 10.0% , respectively, of revenue for the year ended December 31, 2018 . As of December 31, 2018 , the Company had no exposure to tenant concentration that accounted for 10.0% or more of revenue for the year ended December 31, 2018 .
Stockholders' Equity	Stockholders’ Equity The Company’s charter authorized the issuance of up to 600,000,000 shares of stock, consisting of 175,000,000 shares of Class A common stock, 75,000,000 shares of Class I common stock, 175,000,000 shares of Class T common stock and 75,000,000 shares of Class T2 common stock, $0.01 par value per share, and 100,000,000 shares of preferred stock, $0.01 par value per share. Other than the different fees with respect to each class and the payment of a distribution and servicing fee out of amounts otherwise distributable to Class T stockholders and Class T2 stockholders, Class A shares, Class I and Class T and Class T2 shares have identical rights and privileges, such as identical voting rights. The Company terminated the Offering on November 27, 2018. The net proceeds from the sale of the four classes of shares in the Offering were commingled for investment purposes and all earnings from all of the investments proportionally accrue to each share regardless of the class. As of December 31, 2018 , the Company had 143,412,353 shares of Class A, Class I, Class T and Class T2 common stock issued and 136,466,242 shares of Class A, Class I, Class T and Class T2 common stock outstanding, and no shares of preferred stock issued and outstanding. As of December 31, 2017 , the Company had 126,559,834 shares of Class A, Class I and Class T common stock issued and 124,327,777 shares of Class A, Class I and Class T common stock outstanding, and no shares of preferred stock issued and outstanding. The charter authorizes the Company’s board of directors, without stockholder approval, to designate and issue one or more classes or series of preferred stock and to set or change the voting, conversion or other rights, preferences, restrictions, limitations as to dividends or other distributions and qualification or terms or conditions of repurchase of each class of stock so issued.
Share Repurchase Program	Share Repurchase Program The Company’s share repurchase program allows for repurchases of shares of the Company’s common stock when certain criteria are met. The share repurchase program provides that all repurchases during any calendar year, including those redeemable upon death or a Qualifying Disability of a stockholder, are limited to those that can be funded with equivalent proceeds raised from the DRIP Offering during the prior calendar year and other operating funds, if any, as the board of directors, in its sole discretion, may reserve for this purpose. Repurchases of shares of the Company’s common stock are at the sole discretion of the Company’s board of directors, provided, however, that the Company will limit the number of shares repurchased during any calendar year to 5.0% of the number of shares of common stock outstanding as of December 31 st of the previous calendar year. In addition, the Company’s board of directors, in its sole discretion, may suspend (in whole or in part) the share repurchase program at any time, and may amend, reduce, terminate or otherwise change the share repurchase program upon 30 days' prior notice to the Company’s stockholders for any reason it deems appropriate. During the year ended December 31, 2018, the board of directors of the Company approved and adopted the Fourth Amended and Restated Share Repurchase Program, or the Amended & Restated SRP, which was effective on August 29, 2018. The Amended & Restated SRP provides, among other things, that the Company will repurchase shares on a quarterly, instead of monthly basis. Subsequently, the board of directors of the Company approved and adopted the Fifth Amended and Restated Share Repurchase Program clarifying the definition "Repurchase Date". See Part II, Item 5. "Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities" for more information on the Amended & Restated SRP. During the year ended December 31, 2018 , the Company repurchased, in accordance with the Amended & Restated SRP, 4,700,554 Class A shares, Class I shares and Class T shares of common stock ( 4,117,566 Class A shares, 71,180 Class I shares and 511,808 Class T shares), or 3.80% of shares outstanding as of December 31, 2017 , for an aggregate purchase price of approximately $43,230,000 (an average of $9.20 per share). During the year ended December 31, 2017 , the Company repurchased 1,880,820 Class A shares, Class I shares and Class T shares of common stock ( 1,793,424 Class A shares, 5,457 Class I shares and 81,939 Class T shares) of common stock, or 2.27% of shares outstanding as of December 31, 2016 , for an aggregate purchase price of approximately $17,159,000 (an average of $9.12 per share).
Distribution Policy and Distributions Payable	Distribution Policy and Distributions Payable In order to maintain its status as a REIT, the Company is required to make distributions each taxable year equal to at least 90% of its REIT taxable income, computed without regard to the dividends paid deduction and excluding capital gains. To the extent funds are available, the Company intends to continue to pay regular distributions to stockholders. Distributions are paid to stockholders of record as of the applicable record dates. Distributions are payable to stockholders from legally available funds therefor. The Company declared distributions per share of common stock in the amounts of $0.63 and $0.62 for the years ended December 31, 2018 and 2017 , respectively. As of December 31, 2018 , the Company had distributions payable of approximately $7,317,000 . Of these distributions payable, approximately $3,715,000 was paid in cash and approximately $3,602,000 was reinvested in shares of common stock pursuant to the DRIP on January 2, 2019. Distributions to stockholders are determined by the board of directors of the Company and are dependent upon a number of factors relating to the Company, including funds available for the payment of distributions, financial condition, the timing of property acquisitions, capital expenditure requirements, and annual distribution requirements in order to maintain the Company’s status as a REIT under the Code. See Note 21—"Subsequent Events" for further discussion.
Income Taxes	Income Taxes The Company currently qualifies and is taxed as a REIT under Sections 856 through 860 of the Code. Accordingly, it will generally not be subject to corporate U.S. federal or state income tax to the extent that it makes qualifying distributions to stockholders, and provided it satisfies, on a continuing basis, through actual investment and operating results, the REIT requirements, including certain asset, income, distribution and stock ownership tests. If the Company fails to qualify as a REIT, and does not qualify for certain statutory relief provisions, it would be subject to U.S. federal, state and local income taxes and may be precluded from qualifying as a REIT for the subsequent four taxable years following the year in which it lost its REIT qualification, unless the Internal Revenue Service grants the Company relief under certain statutory provisions. Accordingly, failure to qualify as a REIT could have a material adverse impact on the results of operations and amounts available for distribution to stockholders. The dividends paid deduction of a REIT for qualifying dividends paid to its stockholders is computed using the Company’s taxable income as opposed to net income reported in the consolidated financial statements. Taxable income, generally, will differ from net income reported in the consolidated financial statements because the determination of taxable income is based on tax provisions and not financial accounting principles. The Company has concluded that there was no impact related to uncertain tax provisions from results of operations of the Company for the years ended December 31, 2018 , 2017 and 2016 . The United States of America is the jurisdiction for the Company, and the earliest tax year subject to examination will be 2015.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements On May 28, 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , or ASU 2014-09. The pronouncement was issued to clarify the principles for recognizing revenue and to develop a common revenue standard and disclosure requirements. The pronouncement is effective for reporting periods beginning after December 15, 2017. On February 25, 2016, the FASB released ASU 2016-02, Leases (Topic 842) . Upon adoption of ASU 2016-02 in 2019, as discussed below, the Company will be required to separate lease contracts into lease and non-lease components, whereby the non-lease components would be subject to ASU 2014-09. The Company adopted the provisions of ASU 2014-09 effective January 1, 2018, using the modified retrospective approach. Property rental revenue is accounted for in accordance with ASC 840, Leases . The Company's rental revenue consists of (i) contractual revenues from leases recognized on a straight-line basis over the term of the respective lease; (ii) parking revenue; and (iii) the reimbursements of the tenants' share of real estate taxes, insurance and other operating expenses. The Company determined that the revenue recognition from parking revenue will be generally consistent with prior recognition methods, and therefore did not have material changes to the consolidated financial statements as a result of adoption. For the year ended December 31, 2018, parking revenue was 1.43% of consolidated revenue. The Company evaluated the revenue recognition for its contracts within this scope under the previous accounting standards and under ASU 2014-09 and concluded that there were no changes to the consolidated financial statements as a result of adoption. On February 23, 2017, the FASB issued ASU 2017-05, Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Non-financial Assets, ASC 610-20, or ASU 2017-05. ASU 2017-05 clarifies the scope of asset derecognition guidance and accounting for partial sales of non-financial assets. Partial sales of non-financial assets include transactions in which the seller retains an equity interest in the entity that owns the assets or has an equity interest in the buyer. ASU 2017-05 provides guidance on how entities should recognize sales, including partial sales, of non-financial assets (and in-substance non-financial assets) to non-customers. ASU 2017-05 requires the seller to recognize a full gain or loss in a partial sale of non-financial assets, to the extent control is not retained. Any noncontrolling interest retained by the seller would, accordingly, be measured at fair value. ASU 2017-05 was effective for fiscal years beginning after December 15, 2017, including interim reporting periods within those fiscal years. The Company adopted ASU 2017-05 effective January 1, 2018. The Company has not disposed of any real estate properties, therefore, the adoption of ASU 2017-05 has no impact on the Company's consolidated financial statements. On February 25, 2016, the FASB established Topic 842, Leases , by issuing ASU 2016-02. ASU 2016-02 establishes the principles to increase the transparency about the assets and liabilities arising from leases. ASU 2016-02 results in a more faithful representation of the rights and obligations arising from leases by requiring lessees to recognize the lease assets and lease liabilities that arise from leases in the consolidated balance sheet and to disclose qualitative and quantitative information about lease transactions and aligns lessor accounting and sale leaseback transactions guidance more closely to comparable guidance in ASC 606, and ASC 610-20. Under ASU 2016-02, a lessee is required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. The Company is a lessee on three ground leases, which will result in the recognition of a right-of-use asset and lease liability upon the adoption of ASU 2016-02. On July 30, 2018, the FASB issued ASU 2018-11, Targeted Improvements , to simplify the guidance by allowing lessors to elect a practical expedient to not separate non-lease components from a lease, which would provide the Company with the option of not bifurcating certain common area maintenance recoveries as a non-lease component. As a result of electing this practical expedient, the Company will no longer present rental revenue and tenant reimbursement revenue separately in the consolidated statement of comprehensive income beginning on January 1, 2019. In addition, the Company is planning to elect the package of practical expedients, which permits the Company to not reassess (1) whether any expired or existing contracts are or contain leases, (2) the lease classification for any expired or existing leases, and (3) any initial direct costs for any existing leases as of the effective date. The Company is not planning to elect the hindsight practical expedient, which permits entities to use hindsight in determining the lease term and assessing impairment. On December 10, 2018, the FASB issued ASU 2018-20, Narrow-Scope Improvements for Lessors, that allows lessors to make an accounting policy election not to evaluate whether real estate taxes and other similar taxes imposed by a governmental authority on a specific lease revenue-producing transaction are the primary obligation of the lessor as owner of the underlying leased asset. A lessor that makes this election will exclude these taxes from the measurement of lease revenue and the associated expense. The amendment also requires lessors to (1) exclude lessor costs paid directly by lessees to third parties on the lessor’s behalf from variable payments and therefore variable lease revenue and (2) include lessor costs that are paid by the lessor and reimbursed by the lessee in the measurement of variable lease revenue and the associated expense. The Company will adopt ASU 2018-20 beginning with its Quarterly Report on Form 10-Q for the three months ending March 31, 2019. Based on current estimates the Company anticipates recognizing operating lease liabilities for its ground leases, with a corresponding right-of-use asset, of less than 1.0% of total liabilities and total assets. In addition to the recording a right-of-use asset and lease liability upon adoption, the Company will reclassify the below-market ground lease intangibles from the acquired intangible assets, net, to the beginning right-of-use assets. Future ground leases entered into or acquired subsequent to the adoption date may be classified as operating or financing leases, based on specific classification criteria. Finance leases would result in a slightly accelerated impact to earnings, using the effective interest method, and different classification of the expense. The Company expects to adopt the new standard on January 1, 2019, using a modified retrospective approach. 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. With the adoption of ASU 2016-02, lessor accounting remains largely unchanged, apart from the narrower scope of initial direct costs that can be capitalized. The new standard will result in certain indirect leasing costs, such as legal costs related to lease negotiations, being expensed as general and administrative expenses in the consolidated statements of comprehensive income (loss) rather than capitalized. Previous capitalization of indirect leasing costs was less than 1.0% of total assets as of December 31, 2018. On June 16, 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses , or ASU 2016-13. ASU 2016-13 requires more timely recording 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 in current GAAP. ASU 2016-13 is effective for fiscal years, and interim periods within, beginning after December 15, 2019. Early adoption is permitted for fiscal years, and interim periods within, beginning after December 15, 2018. The Company is in the process of evaluating the impact ASU 2016-13 will have on the Company’s condensed consolidated financial statements. The Company believes that certain financial statements' accounts may be impacted by the adoption of ASU 2016-13, including allowances for doubtful accounts with respect to accounts receivable and straight-line rent receivable. As of December 31, 2018, there were no allowances for doubtful accounts recorded in the Company's condensed consolidated financial statements. On August 17, 2018, the SEC issued a final rule, SEC Final Rule Release No. 33-10532, Disclosure Update and Simplification , that amends certain of its disclosure requirements that have become redundant, duplicative, overlapping, outdated or superseded, in light of other SEC disclosure requirements or GAAP. For filings on Form 10-Q, the final rule, among other items, extends to interim periods the annual requirement to disclose changes in stockholders’ equity. As amended by the final rule, entities must analyze changes in stockholders’ equity, in the form of a reconciliation, for the then current and comparative year-to-date interim periods, with subtotals for each interim period. The final rule becomes effective on November 5, 2018. The SEC staff said it would not object to a registrant waiting to comply with the new interim disclosure requirement until the filing of its Form 10-Q for the first quarter beginning after the effective date of the rule. As a result, the Company will apply these changes in the presentation of stockholders’ equity beginning with its Quarterly Report on Form 10-Q for the three months ended March 31, 2019. The Company has determined this final rule will not have a material impact on the Company's financial condition, results of operations or financial statement disclosures. On August 28, 2017, the FASB issued ASU 2017-12, Targeted Improvements to Accounting for Hedging Activities , or ASU 2017-12. The objectives of ASU 2017-12 are to (i) improve the transparency and understandability of information conveyed to financial statement users about an entity’s risk management activities by better aligning the entity’s financial reporting for hedging relationships with those risk management activities and (ii) reduce the complexity of and simplify the application of hedge accounting by preparers. ASU 2017-12 is effective for fiscal years beginning after December 15, 2018, and interim periods therein. Early adoption is permitted. Upon adoption of ASU 2017-12 on January 1, 2019, the cumulative ineffectiveness previously recognized on existing cash flow hedges is immaterial to the Company's consolidated financial statements and will be adjusted and removed from beginning retained earnings and placed in accumulated other comprehensive income. On August 28, 2018, the FASB issued ASU 2018-13, Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement , or ASU 2018-13. ASU 2018-13 removes certain disclosure requirements, including the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timing of transfers between the levels and the valuation processes for Level 3 fair value measurements. ASU 2018-13 also adds certain disclosure requirements, including the requirement to disclose the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, and interim periods therein. Early adoption is permitted. The Company is in the process of evaluating the impact that ASU 2018-13 will have on the Company's consolidated financial statements.
Reclassifications	Reclassifications Certain prior period amounts have been reclassified to conform to the current financial statement presentation, with no effect on the Company’s consolidated financial position or results of operations.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Reconciliation of Cash, Cash Equivalents and Restricted Cash	The following table presents a reconciliation of the beginning of year and end of year cash, cash equivalents and restricted cash reported within the consolidated balance sheets to the totals shown in the consolidated statements of cash flows (amounts in thousands): For the Year Ended Beginning of year: 2018 2017 2016 Cash and cash equivalents 74,803 50,446 31,262 Restricted cash 10,944 6,463 1,927 Cash, cash equivalents and restricted cash $ 85,747 $ 56,909 $ 33,189 End of year: Cash and cash equivalents 68,360 74,803 50,446 Restricted cash 11,167 10,944 6,463 Cash, cash equivalents and restricted cash $ 79,527 $ 85,747 $ 56,909
Schedule of Estimated Useful Lives of Assets by Class	The Company anticipates the estimated useful lives of its assets by class as follows: Buildings and improvements 15 – 40 years Tenant improvements Shorter of lease term or expected useful life Furniture, fixtures, and equipment 3 – 10 years

Real Estate Investments (Tables

Real Estate Investments (Tables)	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Schedule of Consideration Transferred for Properties Acquired	The following table summarizes the consideration transferred for the properties acquired during the year ended December 31, 2018 : Property Description Date Acquired Ownership Percentage Purchase Price (amounts in thousands) Rancho Cordova Data Center Portfolio (1) 03/14/2018 100% $ 52,087 Carrollton Healthcare Facility 04/27/2018 100% 8,699 Oceans Katy Behavioral Health Hospital 06/08/2018 100% 15,715 San Jose Data Center 06/13/2018 100% 50,408 Indianola Healthcare Facilities Portfolio (2) 09/26/2018 100% 14,471 Canton Data Center 10/03/2018 100% 9,686 Benton Hot Springs Healthcare Facilities Portfolio (3) 10/17/2018 100% 31,245 Clive Healthcare Facility 11/26/2018 100% 24,541 Valdosta Healthcare Facilities Portfolio (4) 11/28/2018 100% 10,480 Total $ 217,332 (1) The Rancho Cordova Data Center Portfolio consists of two properties. (2) The Indianola Healthcare Facilities Portfolio consists of two properties. (3) The Benton Hot Springs Healthcare Facilities Portfolio consists of four properties. (4) The Valdosta Healthcare Facilities Portfolio consists of two properties.
Schedule of Allocation of Acquisitions	The following table summarizes the Company's allocation of the real estate acquisitions during the year ended December 31, 2018 , (amounts in thousands): Total Land $ 23,510 Buildings and improvements 165,984 In-place leases 21,908 Tenant improvements 5,834 Ground leasehold assets 754 Above market leases 907 Total assets acquired 218,897 Below market leases (1,565 ) Total liabilities acquired (1,565 ) Net assets acquired $ 217,332

Acquired Intangible Assets, N_2

Acquired Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Finite-Lived Intangible Assets, Net [Abstract]
Schedule of Acquired Intangible Assets, Net	Acquired intangible assets, net, consisted of the following as of December 31, 2018 and 2017 (amounts in thousands, except weighted average life amounts): December 31, 2018 December 31, 2017 In-place leases, net of accumulated amortization of $41,143 and $21,776, respectively (with a weighted average remaining life of 10.1 years and 11.0 years, respectively) $ 151,135 $ 148,594 Above-market leases, net of accumulated amortization of $899 and $358, respectively (with a weighted average remaining life of 5.1 years and 2.8 years, respectively) 1,710 1,344 Ground lease assets, net of accumulated amortization of $39 and $28, respectively (with a weighted average remaining life of 83.5 years and 65.8 years, respectively) 1,359 616 $ 154,204 $ 150,554
Schedule of Estimated Future Amortization Expense of Acquired Intangible Assets	Estimated amortization expense on the acquired intangible assets as of December 31, 2018 , and for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 20,472 2020 18,267 2021 17,470 2022 15,064 2023 13,669 Thereafter 69,262 $ 154,204

Intangible Lease Liabilities,_2

Intangible Lease Liabilities, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Intangible Lease Liabilities, Net [Abstract]
Schedule of Intangible Lease Liabilities, Net	Intangible lease liabilities, net, consisted of the following as of December 31, 2018 and 2017 (amounts in thousands, except weighted average life amounts): December 31, 2018 December 31, 2017 Below-market leases, net of accumulated amortization of $7,592 and $2,760, respectively (with a weighted average remaining life of 17.6 years and 18.7 years, respectively) $ 57,606 $ 61,294 $ 57,606 $ 61,294
Schedule of Estimated Future Amortization Income of Below-Market Leases	Estimated amortization of the below-market leases as of December 31, 2018 , for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 4,927 2020 4,871 2021 4,843 2022 3,752 2023 3,091 Thereafter 36,122 $ 57,606

Other Assets, Net (Tables)

Other Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Other Assets [Abstract]
Schedule of Other Assets, Net	Other assets, net, consisted of the following as of December 31, 2018 and 2017 (amounts in thousands): December 31, 2018 December 31, 2017 Deferred financing costs, related to the revolver portion of the secured credit facility, net of accumulated amortization of $4,686 and $3,426, respectively $ 3,053 $ 1,850 Real estate escrow deposits — 100 Restricted cash 11,167 10,944 Tenant receivables 6,080 4,916 Straight-line rent receivable 32,685 19,321 Prepaid and other assets 8,344 6,117 Derivative assets 6,204 3,934 $ 67,533 $ 47,182

Accounts Payable and Other Li_2

Accounts Payable and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Other Liabilities	Accounts payable and other liabilities, as of December 31, 2018 and 2017 , consisted of the following (amounts in thousands): December 31, 2018 December 31, 2017 Accounts payable and accrued expenses $ 9,188 $ 13,220 Accrued interest expense 3,219 2,410 Accrued property taxes 2,309 1,532 Distributions payable to stockholders 7,317 6,566 Tenant deposits 875 682 Deferred rental income 6,647 3,277 Derivative liabilities — 22 $ 29,555 $ 27,709

Notes Payable (Tables)

Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Instrument [Line Items]
Schedule of Notes Payable	The following table summarizes the notes payable balances as of December 31, 2018 and 2017 (amounts in thousands): Interest Rates December 31, 2018 December 31, 2017 Range Weighted Maturity Date Fixed rate notes payable $ 220,351 $ 220,436 4.0% - 4.8% 4.3% 12/11/2021 - 07/01/2027 Variable rate notes payable fixed through interest rate swaps 247,435 247,699 3.7% - 5.1% 4.6% 10/28/2021 - 11/16/2022 Total notes payable, principal amount outstanding $ 467,786 $ 468,135 Unamortized deferred financing costs related to notes payable (3,441 ) (4,393 ) Total notes payable, net of deferred financing costs $ 464,345 $ 463,742
Notes Payable [Member]
Debt Instrument [Line Items]
Schedule of Future Principal Payments Due on Notes Payable	The principal payments due on the notes payable as of December 31, 2018 , for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Total Amount 2019 $ 1,937 2020 4,530 2021 155,207 2022 164,971 2023 2,712 Thereafter 138,429 $ 467,786

Credit Facility (Tables)

Credit Facility (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Instrument [Line Items]
Schedule of Secured Credit Facility	The Company's outstanding secured credit facility as of December 31, 2018 and 2017 consisted of the following (amounts in thousands): December 31, 2018 December 31, 2017 Variable rate revolving line of credit $ 105,000 $ 120,000 Variable rate term loan fixed through interest rate swaps 100,000 100,000 Variable rate term loan 150,000 — Total secured credit facility, principal amount outstanding 355,000 220,000 Unamortized deferred financing costs related to the term loan secured credit facility (2,489 ) (601 ) Total secured credit facility, net of deferred financing costs $ 352,511 $ 219,399
Secured Credit Facility [Member]
Debt Instrument [Line Items]
Schedule of Future Principal Payments Due on Secured Credit Facility	The principal payments due on the secured credit facility as of December 31, 2018 , for each of the next five years ending December 31, are as follows (amounts in thousands): Year Amount 2019 $ — 2020 — 2021 — 2022 105,000 2023 250,000 $ 355,000

Related-Party Transactions an_2

Related-Party Transactions and Arrangements (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following table details amounts incurred and payable to affiliates in connection with the Company's operations-related services and services related to the Offerings as described above for the years ended December 31, 2018, 2017 and 2016 and as of December 31, 2018 and 2017 (amounts in thousands): For the Year Ended As of December 31, Fee Entity 2018 2017 2016 2018 2017 Other offering costs reimbursement Carter Validus Advisors II, LLC and its affiliates $ 2,154 $ 4,704 $ 4,428 $ 89 $ 167 Selling commissions and dealer manager fees SC Distributors, LLC 4,836 22,713 24,546 — — Distribution and servicing fees SC Distributors, LLC 368 9,617 6,213 10,218 13,376 Acquisition fees Carter Validus Advisors II, LLC and its affiliates 4,226 11,936 11,515 32 5 Asset management fees Carter Validus Advisors II, LLC and its affiliates 13,114 9,963 4,925 1,182 1,017 Property management fees Carter Validus Real Estate Management Services II, LLC 4,391 3,249 1,473 420 463 Operating expense reimbursement Carter Validus Advisors II, LLC and its affiliates 1,804 1,543 1,257 421 182 Leasing commission fees Carter Validus Real Estate Management Services II, LLC 497 907 — 25 — Construction management fees Carter Validus Real Estate Management Services II, LLC 243 719 754 40 39 Total $ 31,633 $ 65,351 $ 55,111 $ 12,427 $ 15,249

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of Information for Reportable Segments	Summary information for the reportable segments during the years ended December 31, 2018 , 2017 and 2016 , is as follows (amounts in thousands): Data Centers Healthcare For the Year Ended Revenue: Rental, parking and tenant reimbursement revenue $ 103,226 $ 74,106 $ 177,332 Expenses: Rental and parking expenses (27,289 ) (10,038 ) (37,327 ) Segment net operating income $ 75,937 $ 64,068 140,005 Expenses: General and administrative expenses (5,396 ) Asset management fees (13,114 ) Depreciation and amortization (58,258 ) Income from operations 63,237 Interest and other expense, net (34,364 ) Net income attributable to common stockholders $ 28,873 Data Centers Healthcare For the Year Ended Revenue: Rental, parking and tenant reimbursement revenue $ 62,377 $ 62,718 $ 125,095 Expenses: Rental and parking expenses (17,571 ) (8,525 ) (26,096 ) Segment net operating income $ 44,806 $ 54,193 98,999 Expenses: General and administrative expenses (4,069 ) Asset management fees (9,963 ) Depreciation and amortization (41,133 ) Income from operations 43,834 Interest and other expense, net (22,555 ) Net income attributable to common stockholders $ 21,279 Data Centers Healthcare For the Year Ended Revenue: Rental, parking and tenant reimbursement revenue $ 12,929 $ 43,502 $ 56,431 Expenses: Rental and parking expenses (2,509 ) (5,655 ) (8,164 ) Segment net operating income $ 10,420 $ 37,847 48,267 Expenses: General and administrative expenses (3,105 ) Acquisition related expenses (5,339 ) Asset management fees (4,925 ) Depreciation and amortization (19,211 ) Income from operations 15,687 Interest and other expense, net (4,390 ) Net income attributable to common stockholders $ 11,297
Schedule of Assets by Reportable Segments	Assets by each reportable segment as of December 31, 2018 and December 31, 2017 are as follows (amounts in thousands): December 31, 2018 December 31, 2017 Assets by segment: Data centers $ 1,001,357 $ 909,477 Healthcare 900,114 813,742 All other 62,358 54,725 Total assets $ 1,963,829 $ 1,777,944
Schedule of Capital Additions and Acquisitions by Reportable Segments	Capital additions and acquisitions by reportable segments for the years ended December 31, 2018 , 2017 and 2016 are as follows (amounts in thousands): For the Year Ended 2018 2017 2016 Capital additions and acquisitions by segment: Data centers $ 114,944 $ 472,438 $ 314,030 Healthcare 117,971 164,445 229,670 Total capital additions and acquisitions $ 232,915 $ 636,883 $ 543,700

Future Minimum Rent (Tables)

Future Minimum Rent (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Schedule of Future Minimum Rental Income from Non-Cancelable Operating Leases	The future minimum rent to be received from the Company’s investment in real estate properties under non-cancelable operating leases, including optional renewal periods for which exercise is reasonably assured, as of December 31, 2018 , for each of the next five years ending December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 145,109 2020 146,826 2021 149,142 2022 144,560 2023 141,915 Thereafter 1,005,017 $ 1,732,569
Schedule of Future Minimum Rental Payments Under Non-Cancelable Ground Leases	The future minimum rent obligations under non-cancelable ground leases as of December 31, 2018 , for each of the next five years ended December 31 and thereafter, are as follows (amounts in thousands): Year Amount 2019 $ 123 2020 123 2021 123 2022 123 2023 123 Thereafter 2,246 $ 2,861

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	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 (amounts in thousands): December 31, 2018 Fair Value Hierarchy Quoted Prices in Active Significant Other Significant Total Fair Assets: Derivative assets $ — $ 6,204 $ — $ 6,204 Total assets at fair value $ — $ 6,204 $ — $ 6,204 December 31, 2017 Fair Value Hierarchy Quoted Prices in Active Significant Other Significant Total Fair Assets: Derivative assets $ — $ 3,934 $ — $ 3,934 Total assets at fair value $ — $ 3,934 $ — $ 3,934 Liabilities: Derivative liabilities $ — $ 22 $ — $ 22 Total liabilities at fair value $ — $ 22 $ — $ 22

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 the Notional Amount and Fair Value of Derivative Instruments	The following table summarizes the notional amount and fair value of the Company’s derivative instruments (amounts in thousands): Derivatives Balance Effective Maturity December 31, 2018 December 31, 2017 Outstanding Fair Value of Outstanding Fair Value of Asset (Liability) Asset (Liability) Interest rate swaps Other assets, net/Accounts 07/01/2016 to 12/22/2020 to $ 347,435 $ 6,204 $ — $ 347,699 $ 3,934 $ (22 )
Schedule of Income and Losses Recognized on Derivative Instruments	The table below summarizes the amount of income recognized on the interest rate derivatives designated as cash flow hedges for the years ended December 31, 2018 , 2017 and 2016 (amounts in thousands): Derivatives in Cash Flow Hedging Relationships Amount of Income Recognized Location of Income (Loss) Amount of Income (Loss) For the Year Ended December 31, 2018 Interest rate swaps $ 3,208 Interest and other expense, net $ 818 Total $ 3,208 $ 818 For the Year Ended December 31, 2017 Interest rate swaps $ 1,484 Interest and other expense, net $ (1,386 ) Total $ 1,484 $ (1,386 ) For the Year Ended December 31, 2016 Interest rate swaps $ 744 Interest and other expense, net $ (96 ) Total $ 744 $ (96 )
Schedule of Offsetting of Derivative Assets	The following tables present the effect on the Company’s financial position had the Company made the election to offset its derivative positions as of December 31, 2018 and 2017 (amounts in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Balance Sheet Gross Gross Amounts Net Amounts of Financial Instruments Cash Collateral Net December 31, 2018 $ 6,204 $ — $ 6,204 $ — $ — $ 6,204 December 31, 2017 $ 3,934 $ — $ 3,934 $ — $ — $ 3,934
Schedule of Offsetting of Derivative Liabilities	Offsetting of Derivative Liabilities Gross Amounts Not Offset in the Balance Sheet Gross Gross Amounts Net Amounts of Financial Instruments Cash Collateral Net December 31, 2018 $ — $ — $ — $ — $ — $ — December 31, 2017 $ 22 $ — $ 22 $ — $ — $ 22

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Amounts Recognized in Accumulated Other Comprehensive Income	The following table presents a rollforward of amounts recognized in accumulated other comprehensive income by component for the years ended December 31, 2018 , 2017 and 2016 (amounts in thousands): Unrealized Income on Derivative Balance as of December 31, 2016 $ 840 Other comprehensive income before reclassification 1,484 Amount of loss reclassified from accumulated other comprehensive income to net income (effective portion) 1,386 Other comprehensive income 2,870 Balance as of December 31, 2017 $ 3,710 Other comprehensive income before reclassification 3,208 Amount of income reclassified from accumulated other comprehensive income to net income (effective portion) (818 ) Other comprehensive income 2,390 Balance as of December 31, 2018 $ 6,100
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income	The following table presents reclassifications out of accumulated other comprehensive income for the years ended December 31, 2018 , 2017 and 2016 (amounts in thousands): Details about Accumulated Other Amounts Reclassified from Affected Line Items in the Consolidated Statements of Comprehensive Income For the Year Ended 2018 2017 2016 Interest rate swap contracts $ (818 ) $ 1,386 $ 96 Interest and other expense, net

Stock-based Compensation (Table

Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Nonvested Shares of Restricted Common Stock Activity	A summary of the status of the nonvested shares of restricted Class A common stock as of December 31, 2017 and the changes for the year ended December 31, 2018 is presented below: Restricted Stock Shares Nonvested at December 31, 2017 22,500 Vested (9,000 ) Granted 12,000 Nonvested at December 31, 2018 25,500

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Characterization of Distributions Paid to Stockholders	The following table shows the character of distributions the Company paid on a percentage basis during the years ended December 31, 2018 , 2017 and 2016 : For the Year Ended December 31, Character of Class A Distributions: 2018 2017 2016 Ordinary dividends 41.38 % 36.49 % 34.23 % Nontaxable distributions 58.62 % 63.51 % 65.77 % Total 100.00 % 100.00 % 100.00 % For the Year Ended December 31, Character of Class I Distributions: 2018 2017 2016 Ordinary dividends 41.38 % 36.49 % — % Nontaxable distributions 58.62 % 63.51 % — % Total 100.00 % 100.00 % — % For the Year Ended December 31, Character of Class T Distributions: 2018 2017 2016 Ordinary dividends 33.01 % 25.93 % 23.07 % Nontaxable distributions 66.99 % 74.07 % 76.93 % Total 100.00 % 100.00 % 100.00 % For the Year Ended December 31, Character of Class T2 Distributions: 2018 2017 2016 Ordinary dividends 33.01 % — % — % Nontaxable distributions 66.99 % — % — % Total 100.00 % — % — %

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Schedule of Selected Quarterly Financial Data (Unaudited)	The Company believes that all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts stated below to present fairly, and in accordance with GAAP, the selected quarterly information (amounts in thousands, except shares and per share data): 2018 Fourth Third Second First Total revenue $ 46,569 $ 45,518 $ 43,950 $ 41,295 Total expenses (30,627 ) (28,863 ) (28,556 ) (26,049 ) Income from operations 15,942 16,655 15,394 15,246 Interest and other expense, net (9,476 ) (8,938 ) (8,208 ) (7,742 ) Net income attributable to common stockholders $ 6,466 $ 7,717 $ 7,186 $ 7,504 Net income per common share attributable to common stockholders: Basic $ 0.05 $ 0.06 $ 0.06 $ 0.06 Diluted $ 0.05 $ 0.06 $ 0.06 $ 0.06 Weighted average number of common shares outstanding: Basic 135,271,638 132,467,127 129,926,130 126,384,346 Diluted 135,297,138 132,491,755 129,948,432 126,401,940 2017 Fourth Third Second First Total revenue $ 37,266 $ 36,205 $ 27,602 $ 24,022 Total expenses (23,926 ) (23,980 ) (17,888 ) (15,467 ) Income from operations 13,340 12,225 9,714 8,555 Interest and other expense, net (6,932 ) (6,786 ) (5,073 ) (3,764 ) Net income attributable to common stockholders $ 6,408 $ 5,439 $ 4,641 $ 4,791 Net income per common share attributable to common stockholders: Basic $ 0.05 $ 0.05 $ 0.05 $ 0.06 Diluted $ 0.05 $ 0.05 $ 0.05 $ 0.06 Weighted average number of common shares outstanding: Basic 119,651,271 105,388,118 94,910,818 86,482,927 Diluted 119,666,234 105,405,297 94,925,665 86,499,543

Organization and Business Ope_2

Organization and Business Operations (Details)	Nov. 27, 2018USD ($)shares	Nov. 24, 2017USD ($)shares	Dec. 31, 2018USD ($)real_estate_investmentpropertyshares	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Organization and Business Operations [Line Items]
Common stock offering, gross proceeds raised			$ 118,605,000	$ 386,091,000	$ 314,836,000
Number of real estate investments owned | real_estate_investment			62
Number of properties owned | property			85
Initial Offering [Member]
Organization and Business Operations [Line Items]
Common stock offering including DRIP, value		$ 2,350,000,000
Common stock offering, value		2,250,000,000
Common stock offering pursuant to DRIP, value		$ 100,000,000
Initial Offering [Member] | Class A, I and T shares [Member]
Organization and Business Operations [Line Items]
Common stock offering including DRIP, shares issued | shares		125,095,000
Common stock offering including DRIP, gross proceeds raised		$ 1,223,803,000
DRIP Offering [Member]
Organization and Business Operations [Line Items]
Common stock offering pursuant to DRIP, value			$ 100,000,000
Common stock offering pursuant to DRIP, shares registered | shares			10,893,246
Follow-On Offering [Member]
Organization and Business Operations [Line Items]
Common stock offering, value	$ 1,000,000,000
Follow-On Offering [Member] | Class A, I, T and T2 shares [Member]
Organization and Business Operations [Line Items]
Common stock offering, shares issued | shares	13,491,000
Common stock offering, gross proceeds raised	$ 129,308,000
Common stock offering, value deregistered	$ 870,692,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Narrative) (Details)	Jan. 02, 2019USD ($)	Dec. 31, 2018USD ($)metropolitanleaseclasstenant$ / sharesshares	Dec. 31, 2018USD ($)metropolitanleaseclasssegmenttenant$ / sharesshares	Dec. 31, 2017USD ($)segment$ / sharesshares	Dec. 31, 2016USD ($)shares	Jan. 01, 2019	Dec. 31, 2015shares
Summary of Significant Accounting Policies [Line Items]
Impairment losses on real estate and related intangible assets		$ 0
Allowance for uncollectible tenant receivables		$ 0	$ 0
Diluted earnings per share outstanding adjustment (in shares) | shares			24,000	18,000	16,000
Number of reportable business segments | segment			2	2
Number of metropolitan statistical areas with owned real estate investments | metropolitan		42	42
Shares authorized | shares		600,000,000	600,000,000
Common stock, shares authorized (in shares) | shares		500,000,000	500,000,000	500,000,000
Common stock, par value (in dollars per share) | $ / shares		$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares) | shares		100,000,000	100,000,000	100,000,000
Preferred stock, par value (in dollars per share) | $ / shares		$ 0.01	$ 0.01	$ 0.01
Number of classes of common stock | class		4	4
Common stock, shares issued (in shares) | shares		143,412,353	143,412,353	126,559,834
Common stock, shares outstanding (in shares) | shares		136,466,242	136,466,242	124,327,777
Preferred stock, shares issued (in shares) | shares		0	0	0
Preferred stock, shares outstanding (in shares) | shares		0	0	0
Minimum number of classes or series of preferred stock the board of directors can issue without stockholder approval | class			1
Maximum number of shares available for repurchase during any calendar year, as percentage of common stock outstanding at end of prior year			5.00%
Period of notice required for changes to share repurchase program			30 days
Repurchase of common stock, percentage			3.80%	2.27%
Repurchase of common stock			$ 43,230,000	$ 17,159,000	$ 3,114,000
Distributions declared per common share (in dollars per share) | $ / shares			$ 0.63	$ 0.62
Distributions payable		$ 7,317,000	$ 7,317,000	$ 6,566,000
Distributions paid in cash			40,296,000	28,994,000	17,659,000
Common stock issued through distribution reinvestment plan			40,938,000	32,264,000	22,889,000
Impact related to uncertain tax positions from the results of operations			$ 0	$ 0	$ 0
Parking revenue (% of total revenue)		1.43%	1.43%
Number of ground leases | lease		3	3
Capitalization of indirect leasing costs (less than) (% of total assets)		1.00%	1.00%
Accounting Standards Update 2016-02 [Member] | Scenario, Forecast [Member]
Summary of Significant Accounting Policies [Line Items]
Operating lease, liability (less than) (% of total liabilities)						1.00%
Operating lease, right-of-use asset (less than) (% of total assets)						1.00%
December 1, 2018 To December 31, 2018 [Member] | Subsequent Event [Member]
Summary of Significant Accounting Policies [Line Items]
Distributions paid in cash	$ 3,715,000
Common stock issued through distribution reinvestment plan	3,602,000
Common Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Common stock, shares outstanding (in shares) | shares		136,466,242	136,466,242	124,327,777	82,744,288		48,457,191
Repurchase of common stock (in shares) | shares			4,700,554	1,880,820	333,194
Repurchase of common stock			$ 47,000	$ 18,000	$ 3,000
Common stock issued through distribution reinvestment plan			$ 44,000	$ 35,000	$ 24,000
Class A shares [Member]
Summary of Significant Accounting Policies [Line Items]
Common stock, shares authorized (in shares) | shares		175,000,000	175,000,000
Class A shares [Member] | December 1, 2018 To December 31, 2018 [Member] | Subsequent Event [Member]
Summary of Significant Accounting Policies [Line Items]
Distributions paid in cash	2,432,000
Common stock issued through distribution reinvestment plan	2,181,000
Class A shares [Member] | Common Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Repurchase of common stock (in shares) | shares			4,117,566	1,793,424
Class I shares [Member]
Summary of Significant Accounting Policies [Line Items]
Common stock, shares authorized (in shares) | shares		75,000,000	75,000,000
Class I shares [Member] | December 1, 2018 To December 31, 2018 [Member] | Subsequent Event [Member]
Summary of Significant Accounting Policies [Line Items]
Distributions paid in cash	404,000
Common stock issued through distribution reinvestment plan	294,000
Class I shares [Member] | Common Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Repurchase of common stock (in shares) | shares			71,180	5,457
Class T shares [Member]
Summary of Significant Accounting Policies [Line Items]
Common stock, shares authorized (in shares) | shares		175,000,000	175,000,000
Class T shares [Member] | December 1, 2018 To December 31, 2018 [Member] | Subsequent Event [Member]
Summary of Significant Accounting Policies [Line Items]
Distributions paid in cash	810,000
Common stock issued through distribution reinvestment plan	1,032,000
Class T shares [Member] | Common Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Repurchase of common stock (in shares) | shares			511,808	81,939
Class T2 shares [Member]
Summary of Significant Accounting Policies [Line Items]
Common stock, shares authorized (in shares) | shares		75,000,000	75,000,000
Class T2 shares [Member] | December 1, 2018 To December 31, 2018 [Member] | Subsequent Event [Member]
Summary of Significant Accounting Policies [Line Items]
Distributions paid in cash	69,000
Common stock issued through distribution reinvestment plan	$ 95,000
Class A, I, T and T2 shares [Member]
Summary of Significant Accounting Policies [Line Items]
Common stock, par value (in dollars per share) | $ / shares		$ 0.01	$ 0.01
Class A, I and T shares [Member] | Common Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Repurchase of common stock (in shares) | shares			4,700,554	1,880,820
Repurchase of common stock			$ 43,230,000	$ 17,159,000
Repurchase of common stock, average price per share (in dollars per share) | $ / shares			$ 9.20	$ 9.12
Revenue [Member] | Geographic Concentration Risk [Member]
Summary of Significant Accounting Policies [Line Items]
Number of metropolitan statistical areas with owned real estate investments | metropolitan		2	2
Revenue [Member] | Geographic Concentration Risk [Member] | Atlanta-Sandy Springs-Roswell, Georgia MSA [Member]
Summary of Significant Accounting Policies [Line Items]
Concentration risk, percentage			16.80%
Revenue [Member] | Geographic Concentration Risk [Member] | Houston-The Woodlands-Sugar Land, Texas MSA [Member]
Summary of Significant Accounting Policies [Line Items]
Concentration risk, percentage			10.00%
Revenue [Member] | Customer Concentration Risk [Member]
Summary of Significant Accounting Policies [Line Items]
Number of tenants | tenant		0	0

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Reconciliation of Cash, Cash Equivalents and Restricted Cash) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Cash and cash equivalents	$ 68,360	$ 74,803	$ 50,446	$ 31,262
Restricted cash	11,167	10,944	6,463	1,927
Cash, cash equivalents and restricted cash	$ 79,527	$ 85,747	$ 56,909	$ 33,189

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Schedule of Estimated Useful Lives of Assets by Class) (Details)	12 Months Ended
	Dec. 31, 2018
Building and improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Building and improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	40 years
Furniture, fixtures, and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Furniture, fixtures, and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years

Real Estate Investments (Narrat

Real Estate Investments (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)real_estate_investmentproperty
Real Estate Properties [Line Items]
Number of real estate investments purchased | real_estate_investment	9
Number of real estate properties purchased | property	15
Acquisition fees and expenses capitalized | $	$ 6,011
Maximum [Member]
Real Estate Properties [Line Items]
Acquisition fee and expense reimbursement, as percentage of purchase price of properties	6.00%

Real Estate Investments (Schedu

Real Estate Investments (Schedule of Consideration Transferred for Properties Acquired) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)property	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Asset Acquisitions [Line Items]
Purchase Price	$ 217,332	$ 604,372	$ 535,447
Number of properties owned | property	85
Rancho Cordova Data Center Portfolio [Member]
Asset Acquisitions [Line Items]
Date Acquired	Mar. 14, 2018
Ownership Percentage	100.00%
Purchase Price	$ 52,087
Number of properties owned | property	2
Carrollton Healthcare Facility [Member]
Asset Acquisitions [Line Items]
Date Acquired	Apr. 27, 2018
Ownership Percentage	100.00%
Purchase Price	$ 8,699
Oceans Katy Behavioral Health Hospital [Member]
Asset Acquisitions [Line Items]
Date Acquired	Jun. 8, 2018
Ownership Percentage	100.00%
Purchase Price	$ 15,715
San Jose Data Center [Member]
Asset Acquisitions [Line Items]
Date Acquired	Jun. 13, 2018
Ownership Percentage	100.00%
Purchase Price	$ 50,408
Indianola Healthcare Facilities Portfolio [Member]
Asset Acquisitions [Line Items]
Date Acquired	Sep. 26, 2018
Ownership Percentage	100.00%
Purchase Price	$ 14,471
Number of properties owned | property	2
Canton Data Center [Member]
Asset Acquisitions [Line Items]
Date Acquired	Oct. 3, 2018
Ownership Percentage	100.00%
Purchase Price	$ 9,686
Benton Hot Springs Healthcare Facilities Portfolio [Member]
Asset Acquisitions [Line Items]
Date Acquired	Oct. 17, 2018
Ownership Percentage	100.00%
Purchase Price	$ 31,245
Number of properties owned | property	4
Clive Healthcare Facility [Member]
Asset Acquisitions [Line Items]
Date Acquired	Nov. 26, 2018
Ownership Percentage	100.00%
Purchase Price	$ 24,541
Valdosta Healthcare Facilities Portfolio [Member]
Asset Acquisitions [Line Items]
Date Acquired	Nov. 28, 2018
Ownership Percentage	100.00%
Purchase Price	$ 10,480
Number of properties owned | property	2

Real Estate Investments (Sche_2

Real Estate Investments (Schedule of Allocation of Acquisitions) (Details) $ in Thousands	Dec. 31, 2018USD ($)
Real Estate [Abstract]
Land	$ 23,510
Buildings and improvements	165,984
In-place leases	21,908
Tenant improvements	5,834
Ground leasehold assets	754
Above market leases	907
Total assets acquired	218,897
Below market leases	(1,565)
Total liabilities acquired	(1,565)
Net assets acquired	$ 217,332

Acquired Intangible Assets, N_3

Acquired Intangible Assets, Net (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Depreciation and amortization	$ 58,258	$ 41,133	$ 19,211
In-place leases, Above-market leases and Ground lease assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Depreciation and amortization	$ 19,919	$ 14,167	$ 5,987

Acquired Intangible Assets, N_4

Acquired Intangible Assets, Net (Schedule of Acquired Intangible Assets, Net) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Acquired Finite-Lived Intangible Assets [Line Items]
Acquired intangible asset, net of accumulated amortization	$ 154,204	$ 150,554
Acquired intangible asset, accumulated amortization	$ 42,081	$ 22,162
Acquired intangible asset, weighted average remaining life	10 years 7 months 6 days	11 years 2 months 12 days
In-place leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquired intangible asset, net of accumulated amortization	$ 151,135	$ 148,594
Acquired intangible asset, accumulated amortization	$ 41,143	$ 21,776
Acquired intangible asset, weighted average remaining life	10 years 1 month 6 days	11 years
Above-market leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquired intangible asset, net of accumulated amortization	$ 1,710	$ 1,344
Acquired intangible asset, accumulated amortization	$ 899	$ 358
Acquired intangible asset, weighted average remaining life	5 years 1 month 6 days	2 years 9 months 18 days
Ground lease assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquired intangible asset, net of accumulated amortization	$ 1,359	$ 616
Acquired intangible asset, accumulated amortization	$ 39	$ 28
Acquired intangible asset, weighted average remaining life	83 years 6 months	65 years 9 months 18 days

Acquired Intangible Assets, N_5

Acquired Intangible Assets, Net (Schedule of Estimated Future Amortization Expense of Acquired Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2019	$ 20,472
2020	18,267
2021	17,470
2022	15,064
2023	13,669
Thereafter	69,262
Total	$ 154,204	$ 150,554

Intangible Lease Liabilities,_3

Intangible Lease Liabilities, Net (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Intangible Lease Liabilities, Net [Abstract]
Amortization of below-market leases	$ 4,832	$ 2,126	$ 536

Intangible Lease Liabilities,_4

Intangible Lease Liabilities, Net (Schedule of Intangible Lease Liabilities, Net) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Intangible Lease Liabilities, Net [Abstract]
Below-market leases, net of accumulated amortization of $7,592 and $2,760, respectively (with a weighted average remaining life of 17.6 years and 18.7 years, respectively)	$ 57,606	$ 61,294
Below-market leases, accumulated amortization	$ 7,592	$ 2,760
Below market leases, weighted average remaining life	17 years 7 months 6 days	18 years 8 months 12 days

Intangible Lease Liabilities,_5

Intangible Lease Liabilities, Net (Schedule of Estimated Future Amortization Income of Below-Market Leases) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Below Market Lease, Net, Amortization Income, Fiscal Year Maturity [Abstract]
2019	$ 4,927
2020	4,871
2021	4,843
2022	3,752
2023	3,091
Thereafter	36,122
Total	$ 57,606	$ 61,294

Other Assets, Net (Narrative) (

Other Assets, Net (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Assets [Abstract]
Amortization of deferred financing costs related to the revolver portion of the secured credit facility	$ 1,260	$ 1,637	$ 987

Other Assets, Net (Schedule of

Other Assets, Net (Schedule of Other Assets, Net) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Other Assets [Abstract]
Deferred financing costs, related to the revolver portion of the secured credit facility, net of accumulated amortization of $4,686 and $3,426, respectively	$ 3,053	$ 1,850
Real estate escrow deposits	0	100
Restricted cash	11,167	10,944	$ 6,463	$ 1,927
Tenant receivables	6,080	4,916
Straight-line rent receivable	32,685	19,321
Prepaid and other assets	8,344	6,117
Derivative assets	6,204	3,934
Total other assets, net	67,533	47,182
Deferred financing costs, related to the revolver portion of the secured credit facility, accumulated amortization	$ 4,686	$ 3,426

Accounts Payable and Other Li_3

Accounts Payable and Other Liabilities (Schedule of Accounts Payable and Other Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Accounts payable and accrued expenses	$ 9,188	$ 13,220
Accrued interest expense	3,219	2,410
Accrued property taxes	2,309	1,532
Distributions payable to stockholders	7,317	6,566
Tenant deposits	875	682
Deferred rental income	6,647	3,277
Derivative liabilities	0	22
Total accounts payable and other liabilities	$ 29,555	$ 27,709

Notes Payable (Narrative) (Deta

Notes Payable (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Notes payable, principal amount outstanding	$ 467,786	$ 468,135
Notes Payable [Member]
Debt Instrument [Line Items]
Weighted Average Interest Rate	4.40%

Notes Payable (Schedule of Note

Notes Payable (Schedule of Notes Payable) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Notes payable, principal amount outstanding	$ 467,786	$ 468,135
Unamortized deferred financing costs related to notes payable	(3,441)	(4,393)
Notes payable, net of deferred financing costs	464,345	463,742
Fixed Rate [Member]
Debt Instrument [Line Items]
Notes payable, principal amount outstanding	$ 220,351	220,436
Weighted Average Interest Rate	4.30%
Fixed Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest Rate	4.00%
Maturity Date	Dec. 11, 2021
Fixed Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Interest Rate	4.80%
Maturity Date	Jul. 1, 2027
Variable Rate, Subject To Interest Rate Swap [Member]
Debt Instrument [Line Items]
Notes payable, principal amount outstanding	$ 247,435	$ 247,699
Weighted Average Interest Rate	4.60%
Variable Rate, Subject To Interest Rate Swap [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest Rate	3.70%
Maturity Date	Oct. 28, 2021
Variable Rate, Subject To Interest Rate Swap [Member] | Maximum [Member]
Debt Instrument [Line Items]
Interest Rate	5.10%
Maturity Date	Nov. 16, 2022

Notes Payable (Schedule of Futu

Notes Payable (Schedule of Future Principal Payments Due on Notes Payable) (Details) - Notes Payable [Member] $ in Thousands	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
2019	$ 1,937
2020	4,530
2021	155,207
2022	164,971
2023	2,712
Thereafter	138,429
Total	$ 467,786

Credit Facility (Narrative) (De

Credit Facility (Narrative) (Details)	8 Months Ended	12 Months Ended
	Dec. 31, 2018USD ($)extensionlender	Dec. 31, 2018USD ($)real_estate_investment	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Apr. 26, 2018USD ($)
Line of Credit Facility [Line Items]
Credit facility, number of lenders added | lender	7
Credit facility, maximum commitments available	$ 700,000,000	$ 700,000,000			$ 425,000,000
Credit facility, outstanding principal balance	355,000,000	355,000,000	$ 220,000,000
Credit facility, draws		$ 155,000,000	240,000,000	$ 240,000,000
Number of real estate investments purchased | real_estate_investment		9
Credit facility, repayments		$ 20,000,000	240,000,000	$ 110,000,000
Credit facility, maximum commitments available after available increase	$ 1,000,000,000	$ 1,000,000,000
Credit facility, threshold percentage for unused portion of lenders' commitments		50.00%
Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Number of real estate investments purchased | real_estate_investment		5
Minimum [Member]
Line of Credit Facility [Line Items]
Credit facility, unused portion, commitment fee percentage		0.15%
Maximum [Member]
Line of Credit Facility [Line Items]
Credit facility, unused portion, commitment fee percentage		0.25%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Credit facility, basis spread on variable rate	1.75%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Credit facility, basis spread on variable rate	2.25%
Base Rate [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Credit facility, basis spread on variable rate	0.75%
Base Rate [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Credit facility, basis spread on variable rate	1.25%
Variable Rate [Member]
Line of Credit Facility [Line Items]
Credit facility, outstanding principal balance	$ 255,000,000	$ 255,000,000	120,000,000
Variable Rate [Member] | Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest Rate	4.50%	4.50%
Variable Rate, Subject To Interest Rate Swap [Member]
Line of Credit Facility [Line Items]
Credit facility, outstanding principal balance	$ 100,000,000	$ 100,000,000	100,000,000
Variable Rate, Subject To Interest Rate Swap [Member] | Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest Rate	3.80%	3.80%
Variable Rate, Subject To Interest Rate Swap [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest Rate	3.70%	3.70%
Variable Rate, Subject To Interest Rate Swap [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest Rate	5.10%	5.10%
Revolving Line of Credit [Member]
Line of Credit Facility [Line Items]
Credit facility, maximum commitments available	$ 450,000,000	$ 450,000,000
Credit facility, maturity date	Apr. 27, 2022
Credit facility, number of maturity extension periods | extension	1
Credit facility, extension period	12 months
Credit facility, outstanding principal balance					$ 150,000,000
Revolving Line of Credit [Member] | Variable Rate [Member]
Line of Credit Facility [Line Items]
Credit facility, outstanding principal balance	$ 105,000,000	105,000,000	120,000,000
Term Loan [Member]
Line of Credit Facility [Line Items]
Credit facility, maximum commitments available	$ 250,000,000	250,000,000
Credit facility, maturity date	Apr. 27, 2023
Term Loan [Member] | Variable Rate [Member]
Line of Credit Facility [Line Items]
Credit facility, outstanding principal balance	$ 150,000,000	150,000,000	0
Term Loan [Member] | Variable Rate, Subject To Interest Rate Swap [Member]
Line of Credit Facility [Line Items]
Credit facility, outstanding principal balance	$ 100,000,000	$ 100,000,000	$ 100,000,000

Credit Facility (Schedule of Se

Credit Facility (Schedule of Secured Credit Facility) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Apr. 26, 2018	Dec. 31, 2017
Line of Credit Facility [Line Items]
Secured credit facility, principal amount outstanding	$ 355,000		$ 220,000
Unamortized deferred financing costs related to the term loan secured credit facility	(2,489)		(601)
Secured credit facility, net of deferred financing costs	352,511		219,399
Revolving Line of Credit [Member]
Line of Credit Facility [Line Items]
Secured credit facility, principal amount outstanding		$ 150,000
Variable Rate [Member]
Line of Credit Facility [Line Items]
Secured credit facility, principal amount outstanding	255,000		120,000
Variable Rate [Member] | Revolving Line of Credit [Member]
Line of Credit Facility [Line Items]
Secured credit facility, principal amount outstanding	105,000		120,000
Variable Rate [Member] | Term Loan [Member]
Line of Credit Facility [Line Items]
Secured credit facility, principal amount outstanding	150,000		0
Variable Rate Debt, Subject To Interest Rate Swap [Member]
Line of Credit Facility [Line Items]
Secured credit facility, principal amount outstanding	100,000		100,000
Variable Rate Debt, Subject To Interest Rate Swap [Member] | Term Loan [Member]
Line of Credit Facility [Line Items]
Secured credit facility, principal amount outstanding	$ 100,000		$ 100,000

Credit Facility (Schedule of Fu

Credit Facility (Schedule of Future Principal Payments Due on Secured Credit Facility) (Details) - Secured Credit Facility [Member] $ in Thousands	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
2019	$ 0
2020	0
2021	0
2022	105,000
2023	250,000
Total	$ 355,000

Related-Party Transactions an_3

Related-Party Transactions and Arrangements (Narrative) (Details)	Dec. 31, 2018USD ($)employee	Nov. 27, 2018	Nov. 24, 2017	Mar. 14, 2018	Dec. 31, 2018employee	Nov. 27, 2018	Dec. 31, 2018USD ($)employee	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Related Party Transaction [Line Items]
Number of employees | employee	0				0		0
Payments of offering costs							$ 12,388,000	$ 32,079,000	$ 30,628,000
Expenses incurred from transactions with related party							$ 31,633,000	65,351,000	55,111,000
Annual cumulative, non-compounded return on capital threshold to investors							6.00%
Maximum [Member]
Related Party Transaction [Line Items]
Disposition fee (% of contract sales price)							6.00%
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member]
Related Party Transaction [Line Items]
Acquisition fee (% of contract purchase price of each property or asset acquired)							2.00%
Acquisition expenses reimbursed (% of purchase price of each property or real estate-related investment)	0.01%
Subordinated participation in net sale proceeds, percentage							15.00%
Subordinated incentive listing fee, percentage							15.00%
Subordinated termination fee, percentage							15.00%
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Other Offering Costs [Member]
Related Party Transaction [Line Items]
Payments of offering costs	$ 19,192,000
Expenses incurred from transactions with related party							$ 2,154,000	4,704,000	$ 4,428,000
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Disposition Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred from transactions with related party	0
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Subordinated Participation In Net Sale Proceeds [Member]
Related Party Transaction [Line Items]
Expenses incurred from transactions with related party	0
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Subordinated Incentive Listing Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred from transactions with related party	0
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Subordinated Termination Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred from transactions with related party	0
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Disposition fee (% of contract sales price)							1.00%
Disposition fee (% of third party brokerage commission)							50.00%
Affiliate of Dealer Manager [Member] | Other Offering Costs [Member]
Related Party Transaction [Line Items]
Payments of offering costs	$ 542,000
SC Distributors, LLC [Member] | Class I shares [Member]
Related Party Transaction [Line Items]
Dealer manager fee (% of gross offering proceeds)						1.00%
Dealer manager fee funded by advisor (% of gross offering proceeds)						1.00%
SC Distributors, LLC [Member] | Maximum [Member] | Class A shares [Member]
Related Party Transaction [Line Items]
Selling commission (% of gross offering proceeds)						7.00%
Dealer manager fee (% of gross offering proceeds)						3.00%
SC Distributors, LLC [Member] | Maximum [Member] | Class I shares [Member]
Related Party Transaction [Line Items]
Dealer manager fee (% of gross offering proceeds)						2.00%
SC Distributors, LLC [Member] | Maximum [Member] | Class T shares [Member]
Related Party Transaction [Line Items]
Selling commission (% of gross offering proceeds)				3.00%
Dealer manager fee (% of gross offering proceeds)				3.00%
SC Distributors, LLC [Member] | Maximum [Member] | Class T2 shares [Member]
Related Party Transaction [Line Items]
Selling commission (% of gross offering proceeds)					3.00%
Dealer manager fee (% of gross offering proceeds)					2.50%
Carter Validus Real Estate Management Services II, LLC [Member]
Related Party Transaction [Line Items]
Property management fee (% of gross revenues from properties managed)							3.00%
Oversight fee (% of gross revenues from properties managed)							1.00%
Construction management fee (% of project costs)							5.00%
Carter Validus Advisors II, LLC [Member]
Related Party Transaction [Line Items]
Monthly asset management fee (% of aggregate asset value)							0.0625%
Carter Validus Advisors II, LLC [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Operating expense reimbursement (% of average invested assets)							2.00%
Operating expense reimbursement ( % of net income)							25.00%
Vice President of Product Management of Carter Validus Advisors II, LLC [Member] | Other Offering Costs [Member]
Related Party Transaction [Line Items]
Expenses incurred from transactions with related party							$ 69,000	$ 98,000
Initial Offering and Follow-On Offering [Member] | Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Organization and offering expenses (% of gross offering proceeds)							15.00%
Initial Offering [Member] | Carter Validus Advisors II, LLC And/Or Its Affiliates [Member]
Related Party Transaction [Line Items]
Other offering costs reimbursed (% of gross offering proceeds)			2.00%
Follow-On Offering [Member] | Carter Validus Advisors II, LLC And/Or Its Affiliates [Member]
Related Party Transaction [Line Items]
Other offering costs reimbursed (% of gross offering proceeds)		2.50%

Related-Party Transactions an_4

Related-Party Transactions and Arrangements (Schedule of Related Party Transactions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Incurred	$ 31,633	$ 65,351	$ 55,111
Payable	12,427	15,249
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Other Offering Costs Reimbursement [Member]
Related Party Transaction [Line Items]
Incurred	2,154	4,704	4,428
Payable	89	167
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Acquisition Fees [Member]
Related Party Transaction [Line Items]
Incurred	4,226	11,936	11,515
Payable	32	5
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Asset Management Fees [Member]
Related Party Transaction [Line Items]
Incurred	13,114	9,963	4,925
Payable	1,182	1,017
Carter Validus Advisors II, LLC And/Or Its Affiliates [Member] | Operating Expense Reimbursement [Member]
Related Party Transaction [Line Items]
Incurred	1,804	1,543	1,257
Payable	421	182
SC Distributors, LLC [Member] | Selling Commissions and Dealer Manager Fees [Member]
Related Party Transaction [Line Items]
Incurred	4,836	22,713	24,546
Payable	0	0
SC Distributors, LLC [Member] | Distribution and Servicing Fees [Member]
Related Party Transaction [Line Items]
Incurred	368	9,617	6,213
Payable	10,218	13,376
Carter Validus Real Estate Management Services II, LLC [Member] | Property Management Fees [Member]
Related Party Transaction [Line Items]
Incurred	4,391	3,249	1,473
Payable	420	463
Carter Validus Real Estate Management Services II, LLC [Member] | Leasing Commission Fees [Member]
Related Party Transaction [Line Items]
Incurred	497	907	0
Payable	25	0
Carter Validus Real Estate Management Services II, LLC [Member] | Construction Management Fees [Member]
Related Party Transaction [Line Items]
Incurred	243	719	$ 754
Payable	$ 40	$ 39

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details)	3 Months Ended								12 Months Ended
	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)segment	Dec. 31, 2017USD ($)segment	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of reportable business segments | segment									2	2
Rental, parking and tenant reimbursement revenue	$ 46,569,000	$ 45,518,000	$ 43,950,000	$ 41,295,000	$ 37,266,000	$ 36,205,000	$ 27,602,000	$ 24,022,000	$ 177,332,000	$ 125,095,000	$ 56,431,000
Intersegment Elimination [Member]
Segment Reporting Information [Line Items]
Rental, parking and tenant reimbursement revenue									$ 0	$ 0	$ 0

Segment Reporting (Schedule of

Segment Reporting (Schedule of Information for Reportable Segments) (Details) - USD ($) $ 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
Segment Reporting Information [Line Items]
Rental, parking and tenant reimbursement revenue	$ 46,569	$ 45,518	$ 43,950	$ 41,295	$ 37,266	$ 36,205	$ 27,602	$ 24,022	$ 177,332	$ 125,095	$ 56,431
Rental and parking expenses									(37,327)	(26,096)	(8,164)
Income from operations	15,942	16,655	15,394	15,246	13,340	12,225	9,714	8,555	63,237	43,834	15,687
General and administrative expenses									(5,396)	(4,069)	(3,105)
Acquisition related expenses									0	0	(5,339)
Asset management fees									(13,114)	(9,963)	(4,925)
Depreciation and amortization									(58,258)	(41,133)	(19,211)
Interest and other expense, net	(9,476)	(8,938)	(8,208)	(7,742)	(6,932)	(6,786)	(5,073)	(3,764)	(34,364)	(22,555)	(4,390)
Net income attributable to common stockholders	$ 6,466	$ 7,717	$ 7,186	$ 7,504	$ 6,408	$ 5,439	$ 4,641	$ 4,791	28,873	21,279	11,297
Operating Segments [Member]
Segment Reporting Information [Line Items]
Rental, parking and tenant reimbursement revenue									177,332	125,095	56,431
Rental and parking expenses									(37,327)	(26,096)	(8,164)
Income from operations									140,005	98,999	48,267
Operating Segments [Member] | Data Centers [Member]
Segment Reporting Information [Line Items]
Rental, parking and tenant reimbursement revenue									103,226	62,377	12,929
Rental and parking expenses									(27,289)	(17,571)	(2,509)
Income from operations									75,937	44,806	10,420
Operating Segments [Member] | Healthcare [Member]
Segment Reporting Information [Line Items]
Rental, parking and tenant reimbursement revenue									74,106	62,718	43,502
Rental and parking expenses									(10,038)	(8,525)	(5,655)
Income from operations									$ 64,068	$ 54,193	$ 37,847

Segment Reporting (Schedule o_2

Segment Reporting (Schedule of Assets by Reportable Segments) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets by segment [Line Items]
Total assets	$ 1,963,829	$ 1,777,944
Operating Segments [Member] | Data Centers [Member]
Assets by segment [Line Items]
Total assets	1,001,357	909,477
Operating Segments [Member] | Healthcare [Member]
Assets by segment [Line Items]
Total assets	900,114	813,742
All Other [Member]
Assets by segment [Line Items]
Total assets	$ 62,358	$ 54,725

Segment Reporting (Schedule o_3

Segment Reporting (Schedule of Capital Additions and Acquisitions by Reportable Segments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Capital additions and acquisitions by segment [Line Items]
Total capital additions and acquisitions	$ 232,915	$ 636,883	$ 543,700
Operating Segments [Member] | Data Centers [Member]
Capital additions and acquisitions by segment [Line Items]
Total capital additions and acquisitions	114,944	472,438	314,030
Operating Segments [Member] | Healthcare [Member]
Capital additions and acquisitions by segment [Line Items]
Total capital additions and acquisitions	$ 117,971	$ 164,445	$ 229,670

Future Minimum Rent (Schedule o

Future Minimum Rent (Schedule of Future Minimum Rental Income from Non-Cancelable Operating Leases) (Details) $ in Thousands	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 145,109
2020	146,826
2021	149,142
2022	144,560
2023	141,915
Thereafter	1,005,017
Total	$ 1,732,569

Future Minimum Rent (Schedule_2

Future Minimum Rent (Schedule of Future Minimum Rental Payments Under Non-Cancelable Ground Leases) (Details) $ in Thousands	Dec. 31, 2018USD ($)lease
Leases [Abstract]
Number of ground leases | lease	3
Number of ground leases paid directly by the tenant | lease	1
2019	$ 123
2020	123
2021	123
2022	123
2023	123
Thereafter	2,246
Total	$ 2,861

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fair Value [Line Items]
Notes payable, principal amount outstanding	$ 467,786	$ 468,135
Secured credit facility, principal amount outstanding	355,000	220,000
Fixed Rate [Member]
Fair Value [Line Items]
Notes payable, principal amount outstanding	220,351	220,436
Variable Rate, Subject To Interest Rate Swap [Member]
Fair Value [Line Items]
Notes payable, principal amount outstanding	247,435	247,699
Secured credit facility, principal amount outstanding	100,000	100,000
Variable Rate [Member]
Fair Value [Line Items]
Secured credit facility, principal amount outstanding	255,000	120,000
Estimate of Fair Value Measurement [Member] | Significant Other Observable Inputs (Level 2) [Member] | Fixed Rate [Member]
Fair Value [Line Items]
Notes payable, fair value disclosure	214,282	211,011
Estimate of Fair Value Measurement [Member] | Significant Other Observable Inputs (Level 2) [Member] | Variable Rate, Subject To Interest Rate Swap [Member]
Fair Value [Line Items]
Notes payable, fair value disclosure	241,739	243,812
Secured credit facility, fair value disclosure	$ 96,146	$ 98,593

Fair Value (Schedule of Fair Va

Fair Value (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets:
Derivative assets	$ 6,204	$ 3,934
Liabilities:
Derivative liabilities	0	22
Recurring basis [Member]
Assets:
Derivative assets	6,204	3,934
Total assets at fair value	6,204	3,934
Liabilities:
Derivative liabilities		22
Total liabilities at fair value		22
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring basis [Member]
Assets:
Derivative assets	0	0
Total assets at fair value	0	0
Liabilities:
Derivative liabilities		0
Total liabilities at fair value		0
Significant Other Observable Inputs (Level 2) [Member] | Recurring basis [Member]
Assets:
Derivative assets	6,204	3,934
Total assets at fair value	6,204	3,934
Liabilities:
Derivative liabilities		22
Total liabilities at fair value		22
Significant Unobservable Inputs (Level 3) [Member] | Recurring basis [Member]
Assets:
Derivative assets	0	0
Total assets at fair value	$ 0	0
Liabilities:
Derivative liabilities		0
Total liabilities at fair value		$ 0

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Income (loss) recognized due to ineffectiveness of hedges of interest rate risk	$ (98,000)	$ 58,000	$ 144,000
Additional amount expected to be reclassified from AOCI into earnings during next twelve months	2,738,000
Derivatives in a net liability position	$ 0

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Schedule of the Notional Amount and Fair Value of Derivative Instruments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Derivatives, Fair Value [Line Items]
Fair Value of Asset	$ 6,204	$ 3,934
Fair Value of (Liability)	0	(22)
Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Outstanding Notional Amount	$ 347,435	347,699
Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member] | Minimum [Member]
Derivatives, Fair Value [Line Items]
Effective Dates	Jul. 1, 2016
Maturity Dates	Dec. 22, 2020
Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member] | Maximum [Member]
Derivatives, Fair Value [Line Items]
Effective Dates	Nov. 16, 2017
Maturity Dates	Nov. 16, 2022
Other Assets, Net [Member] | Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Fair Value of Asset	$ 6,204	3,934
Accounts Payable and Other Liabilities [Member] | Interest Rate Swaps [Member] | Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Fair Value of (Liability)	$ 0	$ (22)

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities (Schedule of Income and Losses Recognized on Derivative Instruments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Income Recognized in OCI on Derivative (Effective Portion)	$ 3,208	$ 1,484	$ 744
Amount of Income (Loss) Reclassified From Accumulated Other Comprehensive Income to Net Income (Effective Portion)	818	(1,386)	(96)
Interest Rate Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Income Recognized in OCI on Derivative (Effective Portion)	3,208	1,484	744
Interest Rate Swaps [Member] | Interest and Other Expense, Net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Income (Loss) Reclassified From Accumulated Other Comprehensive Income to Net Income (Effective Portion)	$ 818	$ (1,386)	$ (96)

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities (Schedule of Offsetting of Derivative Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross Amounts of Recognized Assets	$ 6,204	$ 3,934
Gross Amounts Offset in the Balance Sheet	0	0
Net Amounts of Assets Presented in the Balance Sheet	6,204	3,934
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments Collateral	0	0
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	0	0
Net Amount	$ 6,204	$ 3,934

Derivative Instruments and He_7

Derivative Instruments and Hedging Activities (Schedule of Offsetting of Derivative Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross Amounts of Recognized Liabilities	$ 0	$ 22
Gross Amounts Offset in the Balance Sheet	0	0
Net Amounts of Liabilities Presented in the Balance Sheet	0	22
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments Collateral	0	0
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	0	0
Net Amount	$ 0	$ 22

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Schedule of Amounts Recognized in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 990,549
Ending Balance	1,047,383	$ 990,549
Unrealized Income on Derivative Instruments [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	3,710	840
Other comprehensive income before reclassification	3,208	1,484
Amount of (income) loss reclassified from accumulated other comprehensive income to net income (effective portion)	(818)	1,386
Other comprehensive income	2,390	2,870
Ending Balance	$ 6,100	$ 3,710

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Schedule of Reclassifications Out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ 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
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest and other expense, net	$ 9,476	$ 8,938	$ 8,208	$ 7,742	$ 6,932	$ 6,786	$ 5,073	$ 3,764	$ 34,364	$ 22,555	$ 4,390
Interest Rate Swaps [Member] | Unrealized Income on Derivative Instruments [Member] | Amounts Reclassified from Accumulated Other Comprehensive Income to Net Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest and other expense, net									$ (818)	$ 1,386	$ 96

Stock-based Compensation (Narra

Stock-based Compensation (Narrative) (Details) - Class A shares [Member] - 2014 Restricted Share Plan [Member] - Restricted Stock [Member] - USD ($)	Jul. 24, 2018	Jul. 20, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of authorized and reserved shares of common stock under plan			300,000
Award vesting period under plan			4 years
Number of shares awarded to independent board members upon re-election	3,000	9,000	12,000
Grant date fair value, per share (in dollars per share)			$ 9.18
Unrecognized compensation expense			$ 192,000	$ 173,000
Unrecognized compensation expense, weighted average period of recognition			1 year 9 months 4 days
Fair value of nonvested shares of restricted common stock			$ 235,875	206,550
Stock-based compensation expense			$ 90,000	$ 76,000	$ 58,000

Stock-based Compensation (Sched

Stock-based Compensation (Schedule of Nonvested Shares of Restricted Common Stock Activity) (Details) - Class A shares [Member] - 2014 Restricted Share Plan [Member] - Restricted Stock [Member] - shares	Jul. 24, 2018	Jul. 20, 2018	Dec. 31, 2018
Summary of Restricted Common Stock Activity, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)			22,500
Vested (in shares)			(9,000)
Granted (in shares)	3,000	9,000	12,000
Ending balance (in shares)			25,500

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Impact related to uncertain tax positions from the results of operations		$ 0	$ 0	$ 0
Interest expense or penalties related to unrecognized tax benefits	$ 0

Income Taxes (Schedule of Chara

Income Taxes (Schedule of Characterization of Distributions Paid to Stockholders) (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Class A shares [Member]
Income Taxes [Line Items]
Ordinary dividends (as a percent)	41.38%	36.49%	34.23%
Nontaxable distributions (as a percent)	58.62%	63.51%	65.77%
Total (as a percent)	100.00%	100.00%	100.00%
Class I shares [Member]
Income Taxes [Line Items]
Ordinary dividends (as a percent)	41.38%	36.49%	0.00%
Nontaxable distributions (as a percent)	58.62%	63.51%	0.00%
Total (as a percent)	100.00%	100.00%	0.00%
Class T shares [Member]
Income Taxes [Line Items]
Ordinary dividends (as a percent)	33.01%	25.93%	23.07%
Nontaxable distributions (as a percent)	66.99%	74.07%	76.93%
Total (as a percent)	100.00%	100.00%	100.00%
Class T2 shares [Member]
Income Taxes [Line Items]
Ordinary dividends (as a percent)	33.01%	0.00%	0.00%
Nontaxable distributions (as a percent)	66.99%	0.00%	0.00%
Total (as a percent)	100.00%	0.00%	0.00%

Commitments and Contingencies (

Commitments and Contingencies (Details)	Dec. 31, 2018case
Commitments and Contingencies Disclosure [Abstract]
Number of pending legal proceedings to which the Company is a party	0

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Unaudited) (Schedule of Selected Quarterly Financial Data (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
Selected Quarterly Financial Information [Abstract]
Total revenue	$ 46,569	$ 45,518	$ 43,950	$ 41,295	$ 37,266	$ 36,205	$ 27,602	$ 24,022	$ 177,332	$ 125,095	$ 56,431
Total expenses	(30,627)	(28,863)	(28,556)	(26,049)	(23,926)	(23,980)	(17,888)	(15,467)	(114,095)	(81,261)	(40,744)
Income from operations	15,942	16,655	15,394	15,246	13,340	12,225	9,714	8,555	63,237	43,834	15,687
Interest and other expense, net	(9,476)	(8,938)	(8,208)	(7,742)	(6,932)	(6,786)	(5,073)	(3,764)	(34,364)	(22,555)	(4,390)
Net income attributable to common stockholders	$ 6,466	$ 7,717	$ 7,186	$ 7,504	$ 6,408	$ 5,439	$ 4,641	$ 4,791	$ 28,873	$ 21,279	$ 11,297
Net income per common share attributable to common stockholders:
Basic (in dollars per share)	$ 0.05	$ 0.06	$ 0.06	$ 0.06	$ 0.05	$ 0.05	$ 0.05	$ 0.06	$ 0.22	$ 0.21	$ 0.17
Diluted (in dollars per share)	$ 0.05	$ 0.06	$ 0.06	$ 0.06	$ 0.05	$ 0.05	$ 0.05	$ 0.06	$ 0.22	$ 0.21	$ 0.17
Weighted average number of common shares outstanding:
Basic (in shares)	135,271,638	132,467,127	129,926,130	126,384,346	119,651,271	105,388,118	94,910,818	86,482,927	131,040,645	101,714,148	66,991,294
Diluted (in shares)	135,297,138	132,491,755	129,948,432	126,401,940	119,666,234	105,405,297	94,925,665	86,499,543	131,064,388	101,731,944	67,007,124

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands	Mar. 01, 2019	Feb. 26, 2019	Feb. 01, 2019	Jan. 02, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Subsequent Event [Line Items]
Distributions paid in cash					$ 40,296	$ 28,994	$ 17,659
Common stock issued through distribution reinvestment plan					$ 40,938	$ 32,264	$ 22,889
Distributions declared per common share (in dollars per share)					$ 0.63	$ 0.62
Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member]
Subsequent Event [Line Items]
Distributions paid in cash				$ 3,715
Common stock issued through distribution reinvestment plan				3,602
Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class A shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid				4,613
Distributions paid in cash				2,432
Common stock issued through distribution reinvestment plan				2,181
Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class I shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid				698
Distributions paid in cash				404
Common stock issued through distribution reinvestment plan				294
Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class T shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid				1,842
Distributions paid in cash				810
Common stock issued through distribution reinvestment plan				1,032
Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class T2 shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid				164
Distributions paid in cash				69
Common stock issued through distribution reinvestment plan				$ 95
Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class A shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid			$ 4,594
Distributions paid in cash			2,439
Common stock issued through distribution reinvestment plan			2,155
Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class I shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid			696
Distributions paid in cash			404
Common stock issued through distribution reinvestment plan			292
Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class T shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid			1,840
Distributions paid in cash			813
Common stock issued through distribution reinvestment plan			1,027
Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class T2 shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid			165
Distributions paid in cash			70
Common stock issued through distribution reinvestment plan			$ 95
Subsequent Event [Member] | February 1, 2019 To February 28, 2019 [Member] | Class A shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid	$ 4,146
Distributions paid in cash	2,205
Common stock issued through distribution reinvestment plan	1,941
Subsequent Event [Member] | February 1, 2019 To February 28, 2019 [Member] | Class I shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid	628
Distributions paid in cash	365
Common stock issued through distribution reinvestment plan	263
Subsequent Event [Member] | February 1, 2019 To February 28, 2019 [Member] | Class T shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid	1,665
Distributions paid in cash	740
Common stock issued through distribution reinvestment plan	925
Subsequent Event [Member] | February 1, 2019 To February 28, 2019 [Member] | Class T2 shares [Member]
Subsequent Event [Line Items]
Aggregate distributions paid	149
Distributions paid in cash	63
Common stock issued through distribution reinvestment plan	$ 86
Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class A shares [Member]
Subsequent Event [Line Items]
Number of days, distribution calculation		365 days
Distributions declared per common share (in dollars per share)		$ 0.001802170
Annualized distribution rate		6.40%
Purchase price (in dollars per share)		$ 10.278
Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class I shares [Member]
Subsequent Event [Line Items]
Number of days, distribution calculation		365 days
Distributions declared per common share (in dollars per share)		$ 0.001802170
Annualized distribution rate		7.04%
Purchase price (in dollars per share)		$ 9.343
Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class T shares [Member]
Subsequent Event [Line Items]
Number of days, distribution calculation		365 days
Distributions declared per common share (in dollars per share)		$ 0.001561644
Annualized distribution rate		5.79%
Purchase price (in dollars per share)		$ 9.840
Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class T2 shares [Member]
Subsequent Event [Line Items]
Number of days, distribution calculation		365 days
Distributions declared per common share (in dollars per share)		$ 0.001561644
Annualized distribution rate		5.82%
Purchase price (in dollars per share)		$ 9.788

SCHEDULE III - REAL ESTATE AS_2

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION (SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 467,786
Initial Cost, Land	246,429
Initial Cost, Buildings and Improvements	1,451,993
Cost Capitalized Subsequent to Acquisition	59,904
Gross Amount Carried at Close of Period, Land	246,790
Gross Amount Carried at Close of Period, Buildings and Improvements	1,511,536
Gross Amount Carried at Close of Period, Total	1,758,326	$ 1,551,194	$ 915,521	$ 415,776
Accumulated Depreciation	84,594	$ 45,789	$ 18,521	$ 5,262
Cy Fair Surgical Center [Member] | Houston, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	762
Initial Cost, Buildings and Improvements	2,970
Cost Capitalized Subsequent to Acquisition	106
Gross Amount Carried at Close of Period, Land	762
Gross Amount Carried at Close of Period, Buildings and Improvements	3,076
Gross Amount Carried at Close of Period, Total	3,838
Accumulated Depreciation	448
Mercy Healthcare Facility [Member] | Cincinnati, OH [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	356
Initial Cost, Buildings and Improvements	3,167
Cost Capitalized Subsequent to Acquisition	40
Gross Amount Carried at Close of Period, Land	356
Gross Amount Carried at Close of Period, Buildings and Improvements	3,207
Gross Amount Carried at Close of Period, Total	3,563
Accumulated Depreciation	405
Winston-Salem, NC IMF [Member] | Winston-Salem, NC [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	684
Initial Cost, Buildings and Improvements	4,903
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	684
Gross Amount Carried at Close of Period, Buildings and Improvements	4,903
Gross Amount Carried at Close of Period, Total	5,587
Accumulated Depreciation	590
New England Sinai Medical Center [Member] | Stoughton, MA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	4,049
Initial Cost, Buildings and Improvements	19,991
Cost Capitalized Subsequent to Acquisition	1,870
Gross Amount Carried at Close of Period, Land	4,049
Gross Amount Carried at Close of Period, Buildings and Improvements	21,861
Gross Amount Carried at Close of Period, Total	25,910
Accumulated Depreciation	2,332
Baylor Surgical Hospital at Fort Worth [Member] | Fort Worth, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	8,297
Initial Cost, Buildings and Improvements	35,615
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	8,297
Gross Amount Carried at Close of Period, Buildings and Improvements	35,615
Gross Amount Carried at Close of Period, Total	43,912
Accumulated Depreciation	3,774
Baylor Surgical Hospital Integrated Medical Facility [Member] | Fort Worth, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	367
Initial Cost, Buildings and Improvements	1,587
Cost Capitalized Subsequent to Acquisition	164
Gross Amount Carried at Close of Period, Land	367
Gross Amount Carried at Close of Period, Buildings and Improvements	1,751
Gross Amount Carried at Close of Period, Total	2,118
Accumulated Depreciation	318
Winter Haven Healthcare Facility [Member] | Winter Haven, FL [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	0
Initial Cost, Buildings and Improvements	2,805
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Buildings and Improvements	2,805
Gross Amount Carried at Close of Period, Total	2,805
Accumulated Depreciation	308
Heartland Rehabilitation Hospital [Member] | Overland Park, KS [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,558
Initial Cost, Buildings and Improvements	20,549
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,558
Gross Amount Carried at Close of Period, Buildings and Improvements	20,549
Gross Amount Carried at Close of Period, Total	22,107
Accumulated Depreciation	2,093
Indianapolis Data Center [Member] | Indianapolis, IN [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	524
Initial Cost, Buildings and Improvements	6,422
Cost Capitalized Subsequent to Acquisition	37
Gross Amount Carried at Close of Period, Land	524
Gross Amount Carried at Close of Period, Buildings and Improvements	6,459
Gross Amount Carried at Close of Period, Total	6,983
Accumulated Depreciation	617
Clarion IMF [Member] | Clarion, PA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	462
Initial Cost, Buildings and Improvements	5,377
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	462
Gross Amount Carried at Close of Period, Buildings and Improvements	5,377
Gross Amount Carried at Close of Period, Total	5,839
Accumulated Depreciation	644
Post Acute Webster Rehabilitation Hospital [Member] | Webster, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,858
Initial Cost, Buildings and Improvements	20,140
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,858
Gross Amount Carried at Close of Period, Buildings and Improvements	20,140
Gross Amount Carried at Close of Period, Total	21,998
Accumulated Depreciation	1,870
Eagan Data Center [Member] | Eagan, MN [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	768
Initial Cost, Buildings and Improvements	5,037
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	768
Gross Amount Carried at Close of Period, Buildings and Improvements	5,037
Gross Amount Carried at Close of Period, Total	5,805
Accumulated Depreciation	550
Houston Surgical Hospital and LTACH [Member] | Houston, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	8,329
Initial Cost, Buildings and Improvements	36,297
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	8,329
Gross Amount Carried at Close of Period, Buildings and Improvements	36,297
Gross Amount Carried at Close of Period, Total	44,626
Accumulated Depreciation	3,598
KMO IMF - Cincinnati I [Member] | Cincinnati, OH [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,812
Initial Cost, Buildings and Improvements	24,382
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,812
Gross Amount Carried at Close of Period, Buildings and Improvements	24,382
Gross Amount Carried at Close of Period, Total	26,194
Accumulated Depreciation	2,473
KMO IMF - Cincinnati II [Member] | Cincinnati, OH [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	446
Initial Cost, Buildings and Improvements	10,239
Cost Capitalized Subsequent to Acquisition	4
Gross Amount Carried at Close of Period, Land	446
Gross Amount Carried at Close of Period, Buildings and Improvements	10,243
Gross Amount Carried at Close of Period, Total	10,689
Accumulated Depreciation	942
KMO IMF - Florence [Member] | Florence, KY [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	650
Initial Cost, Buildings and Improvements	9,919
Cost Capitalized Subsequent to Acquisition	1
Gross Amount Carried at Close of Period, Land	650
Gross Amount Carried at Close of Period, Buildings and Improvements	9,920
Gross Amount Carried at Close of Period, Total	10,570
Accumulated Depreciation	909
KMO IMF - Augusta [Member] | Augusta, ME [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	556
Initial Cost, Buildings and Improvements	14,401
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	556
Gross Amount Carried at Close of Period, Buildings and Improvements	14,401
Gross Amount Carried at Close of Period, Total	14,957
Accumulated Depreciation	1,409
KMO IMF - Oakland [Member] | Oakland, ME [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	229
Initial Cost, Buildings and Improvements	5,416
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	229
Gross Amount Carried at Close of Period, Buildings and Improvements	5,416
Gross Amount Carried at Close of Period, Total	5,645
Accumulated Depreciation	573
Reading Surgical Hospital [Member] | Wyomissing, PA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,504
Initial Cost, Buildings and Improvements	20,193
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,504
Gross Amount Carried at Close of Period, Buildings and Improvements	20,193
Gross Amount Carried at Close of Period, Total	21,697
Accumulated Depreciation	1,887
Post Acute Warm Springs Specialty Hospital of Luling [Member] | Luling, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	824
Initial Cost, Buildings and Improvements	7,530
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	824
Gross Amount Carried at Close of Period, Buildings and Improvements	7,530
Gross Amount Carried at Close of Period, Total	8,354
Accumulated Depreciation	700
Minnetonka Data Center [Member] | Minnetonka, MN [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	2,085
Initial Cost, Buildings and Improvements	15,099
Cost Capitalized Subsequent to Acquisition	205
Gross Amount Carried at Close of Period, Land	2,085
Gross Amount Carried at Close of Period, Buildings and Improvements	15,304
Gross Amount Carried at Close of Period, Total	17,389
Accumulated Depreciation	1,807
Nebraska Healthcare Facility [Member] | Omaha, NE [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,259
Initial Cost, Buildings and Improvements	9,796
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,259
Gross Amount Carried at Close of Period, Buildings and Improvements	9,796
Gross Amount Carried at Close of Period, Total	11,055
Accumulated Depreciation	826
Heritage Park - Sherman I [Member] | Sherman, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,679
Initial Cost, Buildings and Improvements	23,926
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,679
Gross Amount Carried at Close of Period, Buildings and Improvements	23,926
Gross Amount Carried at Close of Period, Total	25,605
Accumulated Depreciation	1,943
Heritage Park - Sherman II [Member] | Sherman, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	214
Initial Cost, Buildings and Improvements	3,209
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	214
Gross Amount Carried at Close of Period, Buildings and Improvements	3,209
Gross Amount Carried at Close of Period, Total	3,423
Accumulated Depreciation	263
Baylor Surgery Center at Fort Worth [Member] | Fort Worth, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	3,120
Initial Cost, Buildings and Improvements	9,312
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	3,120
Gross Amount Carried at Close of Period, Buildings and Improvements	9,312
Gross Amount Carried at Close of Period, Total	12,432
Accumulated Depreciation	745
HPI - Oklahoma City I [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	22,500
Initial Cost, Land	4,626
Initial Cost, Buildings and Improvements	30,509
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	4,626
Gross Amount Carried at Close of Period, Buildings and Improvements	30,509
Gross Amount Carried at Close of Period, Total	35,135
Accumulated Depreciation	2,520
HPI - Oklahoma City II [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	991
Initial Cost, Buildings and Improvements	8,366
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	991
Gross Amount Carried at Close of Period, Buildings and Improvements	8,366
Gross Amount Carried at Close of Period, Total	9,357
Accumulated Depreciation	735
Waco Data Center [Member] | Waco, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	873
Initial Cost, Buildings and Improvements	8,233
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	873
Gross Amount Carried at Close of Period, Buildings and Improvements	8,233
Gross Amount Carried at Close of Period, Total	9,106
Accumulated Depreciation	634
HPI - Edmond [Member] | Edmond, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	796
Initial Cost, Buildings and Improvements	3,199
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	796
Gross Amount Carried at Close of Period, Buildings and Improvements	3,199
Gross Amount Carried at Close of Period, Total	3,995
Accumulated Depreciation	278
HPI - Oklahoma City III [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	368
Initial Cost, Buildings and Improvements	2,344
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	368
Gross Amount Carried at Close of Period, Buildings and Improvements	2,344
Gross Amount Carried at Close of Period, Total	2,712
Accumulated Depreciation	204
HPI - Oklahoma City IV [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	452
Initial Cost, Buildings and Improvements	1,081
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	452
Gross Amount Carried at Close of Period, Buildings and Improvements	1,081
Gross Amount Carried at Close of Period, Total	1,533
Accumulated Depreciation	97
Alpharetta Data Center III [Member] | Alpharetta, GA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	3,395
Initial Cost, Buildings and Improvements	11,081
Cost Capitalized Subsequent to Acquisition	25
Gross Amount Carried at Close of Period, Land	3,395
Gross Amount Carried at Close of Period, Buildings and Improvements	11,106
Gross Amount Carried at Close of Period, Total	14,501
Accumulated Depreciation	885
Flint Data Center [Member] | Flint, MI [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	111
Initial Cost, Buildings and Improvements	7,001
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	111
Gross Amount Carried at Close of Period, Buildings and Improvements	7,001
Gross Amount Carried at Close of Period, Total	7,112
Accumulated Depreciation	545
HPI - Newcastle [Member] | Newcastle, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	412
Initial Cost, Buildings and Improvements	1,173
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	412
Gross Amount Carried at Close of Period, Buildings and Improvements	1,173
Gross Amount Carried at Close of Period, Total	1,585
Accumulated Depreciation	102
HPI - Oklahoma City V [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	541
Initial Cost, Buildings and Improvements	12,445
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	541
Gross Amount Carried at Close of Period, Buildings and Improvements	12,445
Gross Amount Carried at Close of Period, Total	12,986
Accumulated Depreciation	1,055
Vibra Rehabilitation Hospital [Member] | Rancho Mirage, CA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	2,724
Initial Cost, Buildings and Improvements	7,626
Cost Capitalized Subsequent to Acquisition	29,842
Gross Amount Carried at Close of Period, Land	2,726
Gross Amount Carried at Close of Period, Buildings and Improvements	37,466
Gross Amount Carried at Close of Period, Total	40,192
Accumulated Depreciation	351
HPI - Oklahoma City VI [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	896
Initial Cost, Buildings and Improvements	3,684
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	896
Gross Amount Carried at Close of Period, Buildings and Improvements	3,684
Gross Amount Carried at Close of Period, Total	4,580
Accumulated Depreciation	312
Tennessee Data Center [Member] | Franklin, TN [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	6,624
Initial Cost, Buildings and Improvements	10,971
Cost Capitalized Subsequent to Acquisition	135
Gross Amount Carried at Close of Period, Land	6,624
Gross Amount Carried at Close of Period, Buildings and Improvements	11,106
Gross Amount Carried at Close of Period, Total	17,730
Accumulated Depreciation	836
HPI - Oklahoma City VII [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	25,000
Initial Cost, Land	3,203
Initial Cost, Buildings and Improvements	32,380
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	3,203
Gross Amount Carried at Close of Period, Buildings and Improvements	32,380
Gross Amount Carried at Close of Period, Total	35,583
Accumulated Depreciation	2,160
Post Acute Las Vegas Rehabilitation Hospital [Member] | Las Vegas, NV [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	2,614
Initial Cost, Buildings and Improvements	639
Cost Capitalized Subsequent to Acquisition	22,089
Gross Amount Carried at Close of Period, Land	2,895
Gross Amount Carried at Close of Period, Buildings and Improvements	22,447
Gross Amount Carried at Close of Period, Total	25,342
Accumulated Depreciation	617
Somerset Data Center [Member] | Somerset, NJ [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	906
Initial Cost, Buildings and Improvements	10,466
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	906
Gross Amount Carried at Close of Period, Buildings and Improvements	10,466
Gross Amount Carried at Close of Period, Total	11,372
Accumulated Depreciation	769
Integris Lakeside Women's Hospital [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	2,002
Initial Cost, Buildings and Improvements	15,384
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	2,002
Gross Amount Carried at Close of Period, Buildings and Improvements	15,384
Gross Amount Carried at Close of Period, Total	17,386
Accumulated Depreciation	1,012
AT&T Hawthorne Data Center [Member] | Hawthorne, CA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	39,749
Initial Cost, Land	16,498
Initial Cost, Buildings and Improvements	57,312
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	16,498
Gross Amount Carried at Close of Period, Buildings and Improvements	57,312
Gross Amount Carried at Close of Period, Total	73,810
Accumulated Depreciation	3,340
McLean I [Member] | McLean, VA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	23,460
Initial Cost, Land	31,554
Initial Cost, Buildings and Improvements	4,930
Cost Capitalized Subsequent to Acquisition	330
Gross Amount Carried at Close of Period, Land	31,554
Gross Amount Carried at Close of Period, Buildings and Improvements	5,260
Gross Amount Carried at Close of Period, Total	36,814
Accumulated Depreciation	311
McLean II [Member] | McLean, VA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	27,540
Initial Cost, Land	20,392
Initial Cost, Buildings and Improvements	22,727
Cost Capitalized Subsequent to Acquisition	105
Gross Amount Carried at Close of Period, Land	20,392
Gross Amount Carried at Close of Period, Buildings and Improvements	22,832
Gross Amount Carried at Close of Period, Total	43,224
Accumulated Depreciation	1,294
Select Medical Rehabilitation Facility [Member] | Marlton, NJ [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	31,790
Initial Cost, Land	0
Initial Cost, Buildings and Improvements	57,154
Cost Capitalized Subsequent to Acquisition	5
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Buildings and Improvements	57,159
Gross Amount Carried at Close of Period, Total	57,159
Accumulated Depreciation	3,038
Andover Data Center II [Member] | Andover, MA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	6,566
Initial Cost, Buildings and Improvements	28,072
Cost Capitalized Subsequent to Acquisition	511
Gross Amount Carried at Close of Period, Land	6,566
Gross Amount Carried at Close of Period, Buildings and Improvements	28,583
Gross Amount Carried at Close of Period, Total	35,149
Accumulated Depreciation	1,695
Grand Rapids Healthcare Facility [Member] | Grand Rapids, MI [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	30,450
Initial Cost, Land	2,533
Initial Cost, Buildings and Improvements	39,487
Cost Capitalized Subsequent to Acquisition	43
Gross Amount Carried at Close of Period, Land	2,533
Gross Amount Carried at Close of Period, Buildings and Improvements	39,530
Gross Amount Carried at Close of Period, Total	42,063
Accumulated Depreciation	2,628
Corpus Christi Surgery Center [Member] | Corpus Christi, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	975
Initial Cost, Buildings and Improvements	4,963
Cost Capitalized Subsequent to Acquisition	462
Gross Amount Carried at Close of Period, Land	1,002
Gross Amount Carried at Close of Period, Buildings and Improvements	5,398
Gross Amount Carried at Close of Period, Total	6,400
Accumulated Depreciation	296
Chicago Data Center II [Member] | Downers Grove, IL [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,329
Initial Cost, Buildings and Improvements	29,940
Cost Capitalized Subsequent to Acquisition	(545)
Gross Amount Carried at Close of Period, Land	1,358
Gross Amount Carried at Close of Period, Buildings and Improvements	29,366
Gross Amount Carried at Close of Period, Total	30,724
Accumulated Depreciation	1,528
Blythewood Data Center [Member] | Blythewood, SC [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	612
Initial Cost, Buildings and Improvements	17,714
Cost Capitalized Subsequent to Acquisition	27
Gross Amount Carried at Close of Period, Land	634
Gross Amount Carried at Close of Period, Buildings and Improvements	17,719
Gross Amount Carried at Close of Period, Total	18,353
Accumulated Depreciation	909
Tempe Data Center [Member] | Tempe, AZ [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	2,997
Initial Cost, Buildings and Improvements	11,991
Cost Capitalized Subsequent to Acquisition	92
Gross Amount Carried at Close of Period, Land	2,997
Gross Amount Carried at Close of Period, Buildings and Improvements	12,083
Gross Amount Carried at Close of Period, Total	15,080
Accumulated Depreciation	613
Aurora Healthcare Facility [Member] | Aurora, IL [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	973
Initial Cost, Buildings and Improvements	9,632
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	973
Gross Amount Carried at Close of Period, Buildings and Improvements	9,632
Gross Amount Carried at Close of Period, Total	10,605
Accumulated Depreciation	466
Norwalk Data Center [Member] | Norwalk, CT [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	34,200
Initial Cost, Land	10,125
Initial Cost, Buildings and Improvements	43,360
Cost Capitalized Subsequent to Acquisition	53
Gross Amount Carried at Close of Period, Land	10,125
Gross Amount Carried at Close of Period, Buildings and Improvements	43,413
Gross Amount Carried at Close of Period, Total	53,538
Accumulated Depreciation	1,986
Texas Rehab - Austin [Member] | Austin, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	20,881
Initial Cost, Land	1,368
Initial Cost, Buildings and Improvements	32,039
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,368
Gross Amount Carried at Close of Period, Buildings and Improvements	32,039
Gross Amount Carried at Close of Period, Total	33,407
Accumulated Depreciation	1,545
Texas Rehab - Allen [Member] | Allen, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	13,150
Initial Cost, Land	857
Initial Cost, Buildings and Improvements	20,582
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	857
Gross Amount Carried at Close of Period, Buildings and Improvements	20,582
Gross Amount Carried at Close of Period, Total	21,439
Accumulated Depreciation	993
Texas Rehab - Beaumont [Member] | Beaumont, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,869
Initial Cost, Land	946
Initial Cost, Buildings and Improvements	8,372
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	946
Gross Amount Carried at Close of Period, Buildings and Improvements	8,372
Gross Amount Carried at Close of Period, Total	9,318
Accumulated Depreciation	406
Texas Rehab - San Antonio [Member] | San Antonio, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,500
Initial Cost, Land	1,813
Initial Cost, Buildings and Improvements	11,706
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,813
Gross Amount Carried at Close of Period, Buildings and Improvements	11,706
Gross Amount Carried at Close of Period, Total	13,519
Accumulated Depreciation	489
Charlotte Data Center II [Member] | Charlotte, NC [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	372
Initial Cost, Buildings and Improvements	17,131
Cost Capitalized Subsequent to Acquisition	2,917
Gross Amount Carried at Close of Period, Land	372
Gross Amount Carried at Close of Period, Buildings and Improvements	20,048
Gross Amount Carried at Close of Period, Total	20,420
Accumulated Depreciation	717
250 Williams Atlanta Data Center [Member] | Atlanta, GA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	116,200
Initial Cost, Land	19,159
Initial Cost, Buildings and Improvements	129,778
Cost Capitalized Subsequent to Acquisition	1,792
Gross Amount Carried at Close of Period, Land	19,159
Gross Amount Carried at Close of Period, Buildings and Improvements	131,570
Gross Amount Carried at Close of Period, Total	150,729
Accumulated Depreciation	7,293
Sunnyvale Data Center [Member] | Sunnyvale, CA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	10,013
Initial Cost, Buildings and Improvements	24,709
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	10,013
Gross Amount Carried at Close of Period, Buildings and Improvements	24,709
Gross Amount Carried at Close of Period, Total	34,722
Accumulated Depreciation	980
Cincinnati Data Center [Member] | Cincinnati, OH [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,556
Initial Cost, Buildings and Improvements	8,966
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,556
Gross Amount Carried at Close of Period, Buildings and Improvements	8,966
Gross Amount Carried at Close of Period, Total	10,522
Accumulated Depreciation	386
Silverdale Healthcare Facility [Member] | Silverdale, WA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,530
Initial Cost, Buildings and Improvements	7,506
Cost Capitalized Subsequent to Acquisition	15
Gross Amount Carried at Close of Period, Land	1,530
Gross Amount Carried at Close of Period, Buildings and Improvements	7,521
Gross Amount Carried at Close of Period, Total	9,051
Accumulated Depreciation	314
Silverdale Healthcare Facility II [Member] | Silverdale, WA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,542
Initial Cost, Buildings and Improvements	4,981
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,542
Gross Amount Carried at Close of Period, Buildings and Improvements	4,981
Gross Amount Carried at Close of Period, Total	6,523
Accumulated Depreciation	216
King of Prussia Data Center [Member] | King of Prussia, PA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,239
Initial Cost, Land	1,015
Initial Cost, Buildings and Improvements	17,413
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,015
Gross Amount Carried at Close of Period, Buildings and Improvements	17,413
Gross Amount Carried at Close of Period, Total	18,428
Accumulated Depreciation	581
Tempe Data Center II [Member] | Tempe, AZ [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	0
Initial Cost, Buildings and Improvements	15,803
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Buildings and Improvements	15,803
Gross Amount Carried at Close of Period, Total	15,803
Accumulated Depreciation	534
Houston Data Center [Member] | Houston, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	48,607
Initial Cost, Land	10,082
Initial Cost, Buildings and Improvements	101,051
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	10,082
Gross Amount Carried at Close of Period, Buildings and Improvements	101,051
Gross Amount Carried at Close of Period, Total	111,133
Accumulated Depreciation	2,884
Saginaw Healthcare Facility [Member] | Saginaw, MI [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,251
Initial Cost, Buildings and Improvements	15,878
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,251
Gross Amount Carried at Close of Period, Buildings and Improvements	15,878
Gross Amount Carried at Close of Period, Total	17,129
Accumulated Depreciation	586
Elgin Data Center [Member] | Elgin, IL [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,651
Initial Cost, Land	1,067
Initial Cost, Buildings and Improvements	7,861
Cost Capitalized Subsequent to Acquisition	(421)
Gross Amount Carried at Close of Period, Land	1,067
Gross Amount Carried at Close of Period, Buildings and Improvements	7,440
Gross Amount Carried at Close of Period, Total	8,507
Accumulated Depreciation	210
Oklahoma City Data Center [Member] | Oklahoma City, OK [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,868
Initial Cost, Buildings and Improvements	44,253
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,868
Gross Amount Carried at Close of Period, Buildings and Improvements	44,253
Gross Amount Carried at Close of Period, Total	46,121
Accumulated Depreciation	1,185
Rancho Cordova Data Center I [Member] | Rancho Cordova, CA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,760
Initial Cost, Buildings and Improvements	32,109
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,760
Gross Amount Carried at Close of Period, Buildings and Improvements	32,109
Gross Amount Carried at Close of Period, Total	33,869
Accumulated Depreciation	647
Rancho Cordova Data Center II [Member] | Rancho Cordova, CA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,943
Initial Cost, Buildings and Improvements	10,340
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,943
Gross Amount Carried at Close of Period, Buildings and Improvements	10,340
Gross Amount Carried at Close of Period, Total	12,283
Accumulated Depreciation	213
Carrollton Healthcare Facility [Member] | Carrollton, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,995
Initial Cost, Buildings and Improvements	5,870
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,995
Gross Amount Carried at Close of Period, Buildings and Improvements	5,870
Gross Amount Carried at Close of Period, Total	7,865
Accumulated Depreciation	115
Oceans Katy Behavioral Health Hospital [Member] | Katy, TX [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	1,443
Initial Cost, Buildings and Improvements	12,114
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	1,443
Gross Amount Carried at Close of Period, Buildings and Improvements	12,114
Gross Amount Carried at Close of Period, Total	13,557
Accumulated Depreciation	170
San Jose Data Center [Member] | San Jose, CA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	12,205
Initial Cost, Buildings and Improvements	34,309
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	12,205
Gross Amount Carried at Close of Period, Buildings and Improvements	34,309
Gross Amount Carried at Close of Period, Total	46,514
Accumulated Depreciation	477
Indianola Healthcare I [Member] | Indianola, IA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	330
Initial Cost, Buildings and Improvements	5,698
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	330
Gross Amount Carried at Close of Period, Buildings and Improvements	5,698
Gross Amount Carried at Close of Period, Total	6,028
Accumulated Depreciation	45
Indianola Healthcare II [Member] | Indianola, IA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	709
Initial Cost, Buildings and Improvements	6,061
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	709
Gross Amount Carried at Close of Period, Buildings and Improvements	6,061
Gross Amount Carried at Close of Period, Total	6,770
Accumulated Depreciation	50
Canton Data Center [Member] | Canton, OH [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	345
Initial Cost, Buildings and Improvements	8,268
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	345
Gross Amount Carried at Close of Period, Buildings and Improvements	8,268
Gross Amount Carried at Close of Period, Total	8,613
Accumulated Depreciation	45
Benton Healthcare I (Benton) [Member] | Benton, AR [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	0
Initial Cost, Buildings and Improvements	19,048
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Buildings and Improvements	19,048
Gross Amount Carried at Close of Period, Total	19,048
Accumulated Depreciation	108
Benton Healthcare II (Bryant) [Member] | Bryant, AR [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	930
Initial Cost, Buildings and Improvements	3,539
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	930
Gross Amount Carried at Close of Period, Buildings and Improvements	3,539
Gross Amount Carried at Close of Period, Total	4,469
Accumulated Depreciation	22
Benton Healthcare III (Benton) [Member] | Benton, AR [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	0
Initial Cost, Buildings and Improvements	1,647
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	0
Gross Amount Carried at Close of Period, Buildings and Improvements	1,647
Gross Amount Carried at Close of Period, Total	1,647
Accumulated Depreciation	10
Benton Healthcare IV (Hot Springs) [Member] | Hot Springs, AR [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	384
Initial Cost, Buildings and Improvements	2,077
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	384
Gross Amount Carried at Close of Period, Buildings and Improvements	2,077
Gross Amount Carried at Close of Period, Total	2,461
Accumulated Depreciation	13
Clive Healthcare Facility [Member] | Clive, IA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	336
Initial Cost, Buildings and Improvements	22,332
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	336
Gross Amount Carried at Close of Period, Buildings and Improvements	22,332
Gross Amount Carried at Close of Period, Total	22,668
Accumulated Depreciation	87
Valdosta Healthcare I [Member] | Valdosta, GA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	659
Initial Cost, Buildings and Improvements	5,626
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	659
Gross Amount Carried at Close of Period, Buildings and Improvements	5,626
Gross Amount Carried at Close of Period, Total	6,285
Accumulated Depreciation	22
Valdosta Healthcare II [Member] | Valdosta, GA [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost, Land	471
Initial Cost, Buildings and Improvements	2,780
Cost Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period, Land	471
Gross Amount Carried at Close of Period, Buildings and Improvements	2,780
Gross Amount Carried at Close of Period, Total	3,251
Accumulated Depreciation	$ 11

SCHEDULE III - REAL ESTATE AS_3

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION (SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION - NARRATIVE) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)propertybuilding	Dec. 31, 2017USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Number of properties collateralized under line of credit facility | property	64
Secured credit facility, principal amount outstanding	$ 355,000	$ 220,000
Aggregated cost for federal income tax purposes	$ 1,641,512
New England Sinai Medical Center [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Number of buildings | building	2
Building and improvements [Member] | Minimum [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Life used for depreciation	15 years
Building and improvements [Member] | Maximum [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Life used for depreciation	40 years

SCHEDULE III - REAL ESTATE AS_4

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION (SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION - ROLLFORWARD) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]
Balance at beginning of year	$ 1,551,194	$ 915,521	$ 415,776
Acquisitions	195,328	601,546	487,276
Improvements	11,804	34,127	12,469
Balance at end of year	1,758,326	1,551,194	915,521
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward]
Balance at beginning of year	(45,789)	(18,521)	(5,262)
Depreciation	(38,805)	(27,268)	(13,259)
Balance at end of year	$ (84,594)	$ (45,789)	$ (18,521)