Document and Entity Information
Document and Entity Information - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Mar. 24, 2020 | |
Document Information [Line Items] | ||
Document Type | 10-K | |
Amendment Flag | false | |
Document Period End Date | Dec. 31, 2019 | |
Document Fiscal Year Focus | 2019 | |
Document Fiscal Period Focus | FY | |
Entity Registrant Name | Blackstone Real Estate Income Trust, Inc. | |
Entity Address, City or Town | New York | |
Entity Address, State or Province | NY | |
Entity Central Index Key | 0001662972 | |
Current Fiscal Year End Date | --12-31 | |
Entity Well-known Seasoned Issuer | No | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | No | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | false | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Public Float | $ 0 | |
Entity File Number | 000-55931 | |
Entity Tax Identification Number | 81-0696966 | |
Entity Address, Address Line One | 345 Park Avenue | |
Entity Address, Postal Zip Code | 10154 | |
City Area Code | 212 | |
Local Phone Number | 583-5000 | |
Document Annual Report | true | |
Document Transition Report | false | |
Entity Incorporation, State or Country Code | MD | |
Documents Incorporated by Reference | Part III of this annual report on Form 10-K incorporates information by reference from the registrant’s definitive proxy statement with respect to its 2020 annual meeting of stockholders to be filed with the Securities and Exchange Commission within 120 days after the close of the registrant’s fiscal year | |
Class S Shares [Member] | ||
Document Information [Line Items] | ||
Entity Common Stock, Shares Outstanding | 631,993,567 | |
Title of each class | Common Stock, $0.01 par value per share | |
Class I Shares [Member] | ||
Document Information [Line Items] | ||
Entity Common Stock, Shares Outstanding | 801,713,070 | |
Title of each class | Common Stock, $0.01 par value per share | |
Class D Shares [Member] | ||
Document Information [Line Items] | ||
Entity Common Stock, Shares Outstanding | 99,322,077 | |
Title of each class | Common Stock, $0.01 par value per share | |
Class T Shares [Member] | ||
Document Information [Line Items] | ||
Entity Common Stock, Shares Outstanding | 44,797,961 | |
Title of each class | Common Stock, $0.01 par value per share |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Assets | ||
Investments in real estate, net | $ 26,326,868 | $ 10,259,687 |
Real estate debt investments | 4,523,260 | 2,259,913 |
Cash and cash equivalents | 204,269 | 68,089 |
Restricted cash | 905,433 | 238,524 |
Other assets | 1,079,993 | 410,945 |
Total assets | 33,039,823 | 13,237,158 |
Liabilities and Equity | ||
Mortgage notes, term loans, and secured revolving credit facilities, net | 16,929,659 | 6,833,269 |
Repurchase agreements | 3,092,137 | 1,713,723 |
Due to affiliates | 690,143 | 301,581 |
Accounts payable, accrued expenses, and other liabilities | 1,692,087 | 464,398 |
Total liabilities | 22,404,026 | 9,312,971 |
Commitments and contingencies | ||
Redeemable non-controlling interests | 21,149 | 9,233 |
Equity | ||
Preferred stock, $0.01 par value per share, 100,000 shares authorized; no shares issued and outstanding as of December 31, 2019 and 2018 | ||
Additional paid-in capital | 11,716,721 | 4,327,444 |
Accumulated deficit and cumulative distributions | (1,422,885) | (587,548) |
Total stockholders' equity | 10,305,132 | 3,744,286 |
Non-controlling interests attributable to third party joint ventures | 157,795 | 75,592 |
Non-controlling interests attributable to BREIT OP unitholders | 151,721 | 95,076 |
Total equity | 10,614,648 | 3,914,954 |
Total liabilities and equity | 33,039,823 | 13,237,158 |
Class S Shares [Member] | ||
Equity | ||
Common stock value | 5,308 | 2,770 |
Class T Shares [Member] | ||
Equity | ||
Common stock value | 398 | 233 |
Class D Shares [Member] | ||
Equity | ||
Common stock value | 847 | 304 |
Class I Shares [Member] | ||
Equity | ||
Common stock value | $ 4,743 | $ 1,083 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2019 | Dec. 31, 2018 |
Preferred Stock, Par Value | $ 0.01 | $ 0.01 |
Preferred stock, authorized shares | 100,000,000 | 100,000,000 |
Preferred stock, issued | 0 | 0 |
Preferred stock, outstanding | 0 | 0 |
Common stock, shares outstanding | 1,129,516,000 | 438,938,000 |
Class S Shares [Member] | ||
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Common stock, shares authorized | 1,000,000,000 | 1,000,000,000 |
Common stock, shares issued | 530,813,000 | 276,989,000 |
Common stock, shares outstanding | 530,813,000 | 276,989,000 |
Class I Shares [Member] | ||
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Common stock, shares authorized | 1,000,000,000 | 1,000,000,000 |
Common stock, shares issued | 474,279,000 | 108,261,000 |
Common stock, shares outstanding | 474,279,000 | 108,261,000 |
Class T Shares [Member] | ||
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 39,767,000 | 23,313,000 |
Common stock, shares outstanding | 39,767,000 | 23,313,000 |
Class D Shares [Member] | ||
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 84,657,000 | 30,375,000 |
Common stock, shares outstanding | 84,657,000 | 30,375,000 |
Consolidated Statements of Oper
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Revenues | |||
Total revenues | $ 1,686,272 | $ 723,258 | $ 157,932 |
Expenses | |||
Operating expenses | 774,676 | 340,341 | 71,532 |
General and administrative | 18,170 | 10,982 | 7,692 |
Management fee | 108,115 | 42,659 | 8,867 |
Performance participation allocation | 141,396 | 37,484 | 16,974 |
Depreciation and amortization | 824,039 | 406,295 | 121,793 |
Total expenses | 1,866,396 | 837,761 | 226,858 |
Other income (expense) | |||
Income from investments in real estate debt | 213,062 | 55,323 | 17,749 |
Net gain on dispositions of real estate | 35,035 | 0 | |
Interest income | 3,041 | 410 | 454 |
Interest expense | (487,517) | (233,184) | (36,884) |
Other income (expense) | 2,260 | 489 | 57 |
Total other income (expense) | (234,119) | (176,962) | (18,624) |
Net loss | (414,243) | (291,465) | (87,550) |
Net loss attributable to non-controlling interests in third party joint ventures | 5,671 | 6,188 | 1,292 |
Net loss attributable to non-controlling interests in BREIT OP | 6,801 | 4,221 | |
Net loss attributable to BREIT stockholders | $ (401,771) | $ (281,056) | $ (86,258) |
Net loss per share of common stock — basic and diluted | $ (0.54) | $ (0.91) | $ (0.90) |
Weighted-average shares of common stock outstanding, basic and diluted | 748,841 | 309,686 | 95,586 |
Rental [Member] | |||
Revenues | |||
Total revenues | $ 1,201,613 | $ 558,664 | $ 121,381 |
Expenses | |||
Operating expenses | 469,966 | 243,093 | 51,115 |
Hotel [Member] | |||
Revenues | |||
Total revenues | 432,892 | 138,433 | 29,916 |
Expenses | |||
Operating expenses | 304,710 | 97,248 | 20,417 |
Other Revenue [Member] | |||
Revenues | |||
Total revenues | $ 51,767 | $ 26,161 | $ 6,635 |
Consolidated Statement of Chang
Consolidated Statement of Changes in Equity - USD ($) $ in Thousands | Total | Third Party Joint Ventures [Member] | Class I Shares [Member] | Common Stock [Member]Class S Shares [Member] | Common Stock [Member]Class I Shares [Member] | Common Stock [Member]Class T Shares [Member] | Common Stock [Member]Class D Shares [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit and Cumulative Distributions [Member] | Total Stockholders' Equity [Member] | Non-controlling Interests [Member]Third Party Joint Ventures [Member] | Non-controlling Interests [Member]BREIT OP Unitholders [Member] |
Beginning Balance at Dec. 31, 2016 | $ 85 | $ 200 | $ (115) | $ 85 | ||||||||
Common stock issued | 1,725,955 | $ 1,283 | $ 302 | $ 56 | $ 40 | 1,724,274 | 1,725,955 | |||||
Offering costs | (132,691) | (132,691) | (132,691) | |||||||||
Distribution reinvestment | 25,527 | 18 | 6 | 25,503 | 25,527 | |||||||
Common stock/units repurchased | (669) | (1) | (668) | (669) | ||||||||
Amortization of restricted stock grants | 102 | 102 | 102 | |||||||||
Net loss | (87,550) | (86,258) | (86,258) | $ (1,292) | ||||||||
Distributions declared on common stock | (46,260) | (46,260) | (46,260) | |||||||||
Contributions from non-controlling interests | 25,336 | 25,336 | ||||||||||
Distributions to non-controlling interests | (196) | (196) | ||||||||||
Ending Balance at Dec. 31, 2017 | 1,509,639 | 1,301 | 307 | 56 | 40 | 1,616,720 | (132,633) | 1,485,791 | 23,848 | |||
Common stock issued | 2,848,663 | 1,428 | 778 | 174 | 261 | 2,846,022 | 2,848,663 | |||||
Offering costs | (178,833) | (178,833) | (178,833) | |||||||||
Distribution reinvestment | 101,985 | 63 | 24 | 4 | 4 | 101,890 | 101,985 | |||||
Common stock/units repurchased | (56,427) | (22) | (28) | (1) | (1) | (56,375) | (56,427) | |||||
Amortization of restricted stock grants | 214 | 2 | 212 | 214 | ||||||||
Net loss | (290,430) | (281,056) | (281,056) | (6,188) | $ (3,186) | |||||||
Distributions declared on common stock | (173,859) | (173,859) | (173,859) | |||||||||
Contributions from non-controlling interests | 147,593 | 47,615 | 99,978 | |||||||||
Acquired non-controlling interests | 12,802 | 12,802 | ||||||||||
Distributions to non-controlling interests | (4,201) | (2,485) | (1,716) | |||||||||
Allocation to redeemable non-controlling interests | (2,192) | $ (2,200) | (2,192) | (2,192) | ||||||||
Ending Balance at Dec. 31, 2018 | 3,914,954 | 2,770 | 1,083 | 233 | 304 | 4,327,444 | (587,548) | 3,744,286 | 75,592 | 95,076 | ||
Common stock issued | 7,709,170 | 2,485 | 3,712 | 167 | 531 | 7,702,275 | 7,709,170 | |||||
Offering costs | (315,523) | (315,523) | (315,523) | |||||||||
Distribution reinvestment | 245,335 | 121 | 74 | 9 | 16 | 245,115 | 245,335 | |||||
Common stock/units repurchased | (237,087) | $ (700) | (68) | (130) | (11) | (4) | (236,156) | (236,369) | (718) | |||
Amortization of restricted stock grants | 2,400 | 4 | 396 | 400 | 2,000 | |||||||
Net loss | (412,580) | (401,771) | (401,771) | (4,416) | (6,393) | |||||||
Distributions declared on common stock | (433,566) | (433,566) | (433,566) | |||||||||
Contributions from non-controlling interests | 178,957 | 109,196 | 69,761 | |||||||||
Distributions to non-controlling interests | (30,582) | (22,577) | (8,005) | |||||||||
Allocation to redeemable non-controlling interests | (6,830) | $ (6,800) | (6,830) | (6,830) | ||||||||
Ending Balance at Dec. 31, 2019 | $ 10,614,648 | $ 5,308 | $ 4,743 | $ 398 | $ 847 | $ 11,716,721 | $ (1,422,885) | $ 10,305,132 | $ 157,795 | $ 151,721 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity (Parenthetical) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Statement Of Stockholders Equity [Abstract] | |||
Distributions declared on common stock per share | $ 0.6363 | $ 0.6286 | $ 0.4782 |
Net loss allocated to redeemable non-controlling interest | $ 1,663 | $ 1,035 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Cash flows from operating activities: | |||
Net loss | $ (414,243) | $ (291,465) | $ (87,550) |
Adjustments to reconcile net loss to net cash provided by operating activities: | |||
Management fee | 108,115 | 42,659 | 8,867 |
Performance participation allocation | 141,396 | 37,484 | 16,974 |
Depreciation and amortization | 824,039 | 406,295 | 121,793 |
Net gain on dispositions of real estate | (35,035) | 0 | |
Unrealized gain (loss) on changes in fair value of financial instruments | (47,651) | 24,746 | (2,366) |
Other items | (8,812) | 5,495 | 228 |
Change in assets and liabilities: | |||
(Increase) / decrease in other assets | (117,527) | (67,540) | (19,002) |
Increase / (decrease) in due to affiliates | 3,893 | 2,099 | 3,833 |
Increase / (decrease) in accounts payable, accrued expenses, and other liabilities | 146,752 | 92,909 | 29,508 |
Net cash provided by operating activities | 600,927 | 252,682 | 72,285 |
Cash flows from investing activities: | |||
Acquisitions of real estate | (15,669,598) | (7,005,983) | (3,393,674) |
Capital improvements to real estate | (199,768) | (102,273) | (9,953) |
Proceeds from dispositions of real estate | 79,118 | 0 | |
Pre-acquisition costs | (8,331) | (5,166) | |
Purchase of real estate debt | (2,944,340) | (1,561,772) | (930,147) |
Proceeds from sale or settlement of real estate debt | 739,591 | 193,932 | 16,596 |
Net cash used in investing activities | (17,994,997) | (8,484,427) | (4,322,344) |
Cash flows from financing activities: | |||
Proceeds from issuance of common stock | 7,431,641 | 2,701,651 | 1,718,992 |
Offering costs paid | (77,156) | (44,066) | (22,293) |
Subscriptions received in advance | 796,729 | 166,542 | 107,576 |
Repurchase of common stock | (75,279) | (49,466) | (669) |
Repurchase of management fee shares | (114,843) | 0 | |
Redemption of redeemable non-controlling interest | (35,435) | (8,400) | 0 |
Redemption of affiliate service provider incentive compensation awards | (718) | 0 | |
Borrowings from mortgage notes, term loans, and secured revolving credit facilities | 17,399,268 | 7,318,059 | 2,174,030 |
Repayments from mortgage notes, term loans, and secured revolving credit facilities | (8,328,912) | (2,767,093) | (247,570) |
Borrowings under repurchase agreements | 1,831,464 | 1,156,189 | 695,419 |
Settlement of repurchase agreements | (453,050) | (125,314) | (12,571) |
Borrowings from affiliate line of credit | 2,105,500 | 1,239,400 | 1,089,350 |
Repayments on affiliate line of credit | (2,105,500) | (1,244,650) | (1,084,100) |
Borrowings from unsecured revolving credit facilities | 240,000 | 0 | |
Repayments on unsecured revolving credit facilities | (240,000) | 0 | |
Payment of deferred financing costs | (116,126) | (46,634) | (22,949) |
Contributions from non-controlling interests | 132,852 | 147,593 | 25,586 |
Distributions to non-controlling interests | (39,607) | (4,413) | (196) |
Distributions | (153,669) | (58,769) | (13,017) |
Net cash provided by financing activities | 18,197,159 | 8,380,629 | 4,407,588 |
Net change in cash and cash equivalents and restricted cash | 803,089 | 148,884 | 157,529 |
Cash and cash equivalents and restricted cash, beginning of year | 306,613 | 157,729 | 200 |
Cash and cash equivalents and restricted cash, end of year | 1,109,702 | 306,613 | 157,729 |
Reconciliation of cash and cash equivalents and restricted cash to the consolidated balance sheets: | |||
Cash and cash equivalents | 204,269 | 68,089 | 31,166 |
Restricted cash | 905,433 | 238,524 | 126,563 |
Cash and cash equivalents and restricted cash, end of year | 1,109,702 | 306,613 | 157,729 |
Supplemental disclosures: | |||
Interest paid | 461,354 | 208,042 | 27,073 |
Non-cash investing and financing activities: | |||
Assumption of mortgage notes in conjunction with acquisitions of real estate | 1,202,713 | 208,480 | 199,365 |
Assumption of other liabilities in conjunction with acquisitions of real estate | 71,784 | 66,525 | 23,008 |
Issuance of BREIT OP units as consideration for acquisitions of real estate | 64,698 | ||
Recognition of financing lease liability | 56,008 | ||
Assumed operating ground lease liabilities | 50,612 | ||
Acquired non-controlling interests | 12,802 | ||
Accrued capital expenditures and acquisition related costs | 17,589 | 2,452 | 2,109 |
Contributions from non-controlling interests | 2,520 | ||
Accrued distributions | 34,849 | 13,644 | 7,716 |
Accrued stockholder servicing fee due to affiliate | 240,043 | 136,420 | 102,076 |
Accrued offering costs due to affiliate | 8,322 | ||
Redeemable non-controlling interest issued as settlement of performance participation allocation | 37,484 | 16,974 | |
Exchange of redeemable non-controlling interest for Class I shares | 11,620 | ||
Allocation to redeemable non-controlling interest | 6,830 | 2,192 | |
Distribution reinvestment | 245,335 | 101,985 | $ 25,527 |
Accrued common stock repurchases | 46,247 | $ 6,961 | |
Payable for investments in real estate debt | 362 | ||
Issuance of BREIT OP units as settlement of affiliate incentive compensation awards | $ 4,714 |
Organization and Business Purpo
Organization and Business Purpose | 12 Months Ended |
Dec. 31, 2019 | |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | |
Organization and Business Purpose | 1. Organization and Business Purpose Blackstone Real Estate Income Trust, Inc. (“BREIT” or the “Company”) invests primarily in stabilized income-oriented commercial real estate in the United States and, to a lesser extent, in real estate debt. The Company is the sole general partner of BREIT Operating Partnership, L.P., a Delaware limited partnership (“BREIT OP”). BREIT Special Limited Partner L.P. (the “Special Limited Partner”), a wholly-owned subsidiary of The Blackstone Group Inc. (together with its affiliates, “Blackstone”), owns a special limited partner interest in BREIT OP. Substantially all of the Company’s business is conducted through BREIT OP. The Company and BREIT OP are externally managed by BX REIT Advisors L.L.C. (the “Adviser”). The Adviser is part of the real estate group of Blackstone, a leading global investment manager, which serves as the Company’s sponsor. The Company was formed on November 16, 2015 as a Maryland corporation and qualifies as a real estate investment trust (“REIT”) for U.S. federal income tax purposes. As of December 31, 2019, the Company had received net proceeds of $12.4 billion from selling shares in the Offering, as defined below, and selling unregistered shares of the Company’s common stock. The Company had registered with the Securities and Exchange Commission (the “SEC”) an offering of up to $5.0 billion in shares of common stock (the “Initial Offering”) and accepted gross offering proceeds of $4.9 billion during the period January 1, 2017 to January 1, 2019. The Company subsequently registered with the SEC a follow-on offering of up to $12.0 billion in shares of common stock, consisting of up to $10.0 billion in shares in its primary offering and up to $2.0 billion in shares pursuant to its distribution reinvestment plan (the “Current Offering” and with the Initial Offering, the “Offering”). The Company intends to sell any combination of four classes of shares of its common stock, with a dollar value up to the maximum aggregate amount of the Current Offering. The share classes have different upfront selling commissions, dealer manager fees and ongoing stockholder servicing fees. The Company intends to continue selling shares on a monthly basis. As of December 31, 2019, the Company owned 1,054 properties and had 203 positions in real estate debt. The Company currently operates in eight reportable segments: Industrial, Multifamily, Net Lease, Hotel, Retail, Office, and Other Properties, and Real Estate Debt. Multifamily includes various forms of rental housing including apartments, student housing and manufactured housing. Other Properties includes self-storage properties. Net Lease includes the real estate assets of The Bellagio Las Vegas (“Bellagio”). Financial results by segment are reported in Note 13 — Segment Reporting. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2019 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | 2. Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and include the accounts of the Company, the subsidiaries and joint ventures in which it has a controlling interest. For consolidated joint ventures, the non-controlling partner’s share of the assets, liabilities and operations of the joint ventures is included in non-controlling interests as equity of the Company. The non-controlling partner’s interest is generally computed as the joint venture partner’s ownership percentage. Certain of the joint ventures made by the Company provide the other partner a profits interest based on certain internal rate of return hurdles being achieved. Any profits interest due to the other partner is reported within non-controlling interests. All intercompany balances and transactions have been eliminated in consolidation. The Company consolidates partially owned entities, in which it has a controlling financial interest. In determining whether the Company has a controlling financial interest in a partially owned entity and the requirement to consolidate the accounts of that entity, the Company considers whether the entity is a variable interest entity (“VIE”) and whether it is the primary beneficiary. The Company is the primary beneficiary of a VIE when it has (i) the power to direct the most significant activities impacting the economic performance of the VIE and (ii) the obligation to absorb losses or receive benefits significant to the VIE. BREIT OP and each of the Company’s joint ventures are considered to be a VIE. The Company consolidates these entities because it has the ability to direct the most significant activities of the entities such as purchases, dispositions, financings, budgets, and overall operating plans. As of December 31, 2019, the total assets and liabilities of the Company’s consolidated VIEs, excluding BREIT OP, were $9.5 billion and $6.6 billion, respectively, compared to $2.8 billion and $1.9 billion as of December 31, 2018. Such amounts are included on the Company’s Consolidated Balance Sheets. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates. Investments in Real Estate In accordance with the guidance for business combinations, the Company determines whether the acquisition of a property qualifies as a business combination, which requires that the assets acquired and liabilities assumed constitute a business. If the property acquired does not constitute a business, the Company accounts for the transaction as an asset acquisition. The guidance for business combinations states that when substantially all of the fair value of the gross assets to be acquired is concentrated in a single identifiable asset or group of similar identifiable assets, the asset or set of assets is not a business. All property acquisitions to date have been accounted for as asset acquisitions. Whether the acquisition of a property acquired is considered a business combination or asset acquisition, the Company recognizes the identifiable assets acquired, the liabilities assumed, and any non-controlling interest in the acquired entity. In addition, for transactions that are business combinations, the Company evaluates the existence of goodwill or a gain from a bargain purchase. The Company expenses acquisition-related costs associated with business combinations as they are incurred. The Company capitalizes acquisition-related costs associated with asset acquisitions. Upon acquisition of a property, the Company assesses the fair value of acquired tangible and intangible assets (including land, buildings, tenant improvements, “above-market” and “below-market” leases, acquired in-place leases, other identified intangible assets and assumed liabilities) and allocates the purchase price to the acquired assets and assumed liabilities. The Company assesses and considers fair value based on estimated cash flow projections that utilize discount and/or capitalization rates that it deems appropriate, as well as other available market information. Estimates of future cash flows are based on a number of factors including the historical operating results, known and anticipated trends, and market and economic conditions. The fair value of the tangible assets of an acquired property considers the value of the property as if it were vacant. The Company also considers an allocation of purchase price of other acquired intangibles, including acquired in-place leases that may have a customer relationship intangible value, including (but not limited to) the nature and extent of the existing relationship with the tenants, the tenants’ credit quality and expectations of lease renewals. Based on its acquisitions to date, the Company’s allocation to customer relationship intangible assets has not been material. The Company records acquired above-market and below-market leases at their fair values (using a discount rate which reflects the risks associated with the leases acquired) equal to the difference between (1) the contractual amounts to be paid pursuant to each in-place lease and (2) management’s estimate of fair market lease rates for each corresponding in-place lease, measured over a period equal to the remaining term of the lease for above-market leases and the initial term plus the term of any below-market fixed rate renewal options for below-market leases. Other intangible assets acquired include amounts for in-place lease values that are based on the Company’s evaluation of the specific characteristics of each tenant’s lease. Factors to be considered include estimates of carrying costs during hypothetical expected lease-up periods considering current market conditions, and costs to execute similar leases. In estimating carrying costs, the Company includes real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods, depending on local market conditions. In estimating costs to execute similar leases, the Company considers leasing commissions, legal and other related expenses. Intangible assets and intangible liabilities are recorded as a component of Other Assets and Accounts Payable, Accrued Expenses, and Other Liabilities, respectively, on the Company’s Consolidated Balance Sheets. The amortization of acquired above-market and below-market leases is recorded as an adjustment to Rental Revenue on the Company’s Consolidated Statements of Operations. The amortization of in-place leases is recorded as an adjustment to Depreciation and Amortization Expense on the Company’s Consolidated Statements of Operations. The amortization of below-market and pre-paid ground leases are recorded as an adjustment to Rental Property Operating or Hotel Operating Expenses, as applicable, on the Company’s Consolidated Statements of Operations. The cost of buildings and improvements includes the purchase price of the Company’s properties and any acquisition-related costs, along with any subsequent improvements to such properties. The Company’s investments in real estate are stated at cost and are generally depreciated on a straight-line basis over the estimated useful lives of the assets as follows: Description Depreciable Life Building 30 - 42 years Building- and land improvements 10 years Furniture, fixtures and equipment 1 - 10 years Lease intangibles Over lease term Significant improvements to properties are capitalized. When assets are sold or retired, their costs and related accumulated depreciation are removed from the accounts with the resulting gains or losses reflected in net income or loss for the period. Repairs and maintenance are expensed to operations as incurred and are included in Rental Property Operating and Hotel Operating Expenses on the Company’s Consolidated Statements of Operations. The Company’s management reviews its real estate properties for impairment each quarter or when there is an event or change in circumstances that indicates an impaired value. If the carrying amount of the real estate investment is no longer recoverable and exceeds the fair value of such investment, an impairment loss is recognized. The impairment loss is recognized based on the excess of the carrying amount of the asset over its fair value. The evaluation of anticipated future cash flows is highly subjective and is based in part on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results. Since cash flows on real estate properties considered to be “long-lived assets to be held and used” are considered on an undiscounted basis to determine whether an asset has been impaired, the Company’s strategy of holding properties over the long term directly decreases the likelihood of recording an impairment loss. If the Company’s strategy changes or market conditions otherwise dictate an earlier sale date, an impairment loss may be recognized and such loss could be material to the Company’s results. If the Company determines that an impairment has occurred, the affected assets must be reduced to their fair value, less cost to sell. During the periods presented, no such impairment occurred. Assets Held for Sale The Company classifies the assets and liabilities related to its real estate investments as held for sale when a sale is probable to occur within one year. The Company considers a sale to be probable when a binding contract has been executed, the buyer has posted a non-refundable deposit, and there are limited contingencies to closing. The Company classifies held for sale assets and liabilities at the lower of depreciated cost or fair value less closing costs. Held for sale assets and liabilities are presented within other assets and other liabilities on the Company’s Consolidated Balance Sheets. Refer to Note 3 and Note 9 for additional details. Investments in Real Estate Debt The Company’s investments in real estate debt consists of securities and loans. The Company has elected to classify its securities as trading securities and carry such investments at estimated fair value. As such, the resulting unrealized gains and losses are recorded as a component of Income from Real Estate Debt on the Company’s Consolidated Statements of Operations. The Company elected the fair value option (“FVO”) for its investments in loans. As such, any unrealized gains or losses on its investments in loans are recorded as a component of Income from Real Estate Debt on the Consolidated Statements of Operations. Interest income from the Company’s investments in real estate debt is recognized over the life of each investment using the effective interest method and is recorded on the accrual basis. Recognition of premiums and discounts associated with these investments is deferred and recorded over the term of the investment as an adjustment to yield. Such items are recorded as components of Investments in Real Estate Debt on the Company’s Consolidated Statements of Operations. Cash and Cash Equivalents Cash and cash equivalents represent cash held in banks, cash on hand, and liquid investments with original maturities of three months or less. The Company may have bank balances in excess of federally insured amounts; however, the Company deposits its cash and cash equivalents with high credit-quality institutions to minimize credit risk. Restricted Cash As of December 31, 2019 and December 31, 2018, Deferred Charges The Company’s deferred charges include financing and leasing costs. Deferred financing costs include legal, structuring, and other loan costs incurred by the Company for its financing agreements. Deferred financing costs related to the Company’s mortgage notes and term loans are recorded as an offset to the related liability and amortized over the term of the applicable financing instruments. Deferred financing costs related to the Company’s revolving credit facilities and affiliate line of credit are recorded as a component of Other Assets on the Company’s Consolidated Balance Sheets and amortized over the term of the applicable financing agreements. Deferred leasing costs incurred in connection with new leases, which consist primarily of brokerage and legal fees, are recorded as a component of Other Assets on the Company’s Consolidated Balance Sheets and amortized over the life of the related lease. Revenue Recognition The Company’s sources of revenue and the related revenue recognition policies are as follows: Rental revenue — primarily consists of base rent and tenant reimbursement income arising from tenant leases at the Company’s industrial, multifamily, net lease, office, retail and other properties. Base rent is recognized on a straight-line basis over the life of the lease, including any rent steps or abatement provisions. The Company begins to recognize revenue upon the acquisition of the related property or when a tenant takes possession of the leased space. Tenant reimbursement income primarily consists of amounts due from tenants for costs related to common area maintenance, real estate taxes, and other recoverable costs included in lease agreements. Hotel revenue — consists of income from the Company’s hotel properties. Hotel revenue consists primarily of room revenue and food and beverage revenue. Room revenue is recognized when the related room is occupied and other hotel revenue is recognized when the service is rendered. Organization and Offering Costs Organization costs are expensed as incurred and recorded as a component of General and Administrative Expense on the Company’s Consolidated Statements of Operations and offering costs are charged to equity as such amounts are incurred. The Adviser agreed to advance $10.2 million of certain organization and offering costs on behalf of the Company (including legal, marketing and fulfillment, regulatory, due diligence, administrative, accounting, tax, transfer agent and other expenses attributable to the Company’s organization, but excluding upfront selling commissions, dealer manager fees and stockholder servicing fees) through December 31, 2017. Such costs are being reimbursed to the Adviser pro rata over 60 months beginning January 1, 2018. For the years ended December 31, 2019 and 2018, the Company reimbursed $2.0 million and $2.0 million, respectively, to the Adviser for such costs. Blackstone Advisory Partners L.P. (the “Dealer Manager”), a registered broker-dealer affiliated with the Adviser, serves as the dealer manager for the Offering. The Dealer Manager is entitled to receive selling commissions and dealer manager fees based on the transaction price of each applicable class of shares sold in the Offering. The Dealer Manager is also entitled to receive a stockholder servicing fee of 0.85%, 0.85% and 0.25% per annum of the aggregate net asset value (“NAV”) of the Company’s outstanding Class S shares, Class T shares, and Class D shares, respectively. There is no stockholder servicing fee with respect to Class I shares. The following table details the selling commissions, dealer manager fees, and stockholder servicing fees for each applicable share class as of December 31, 2019: Class S Shares Class I Shares Class T Shares Class D Shares Selling commissions and dealer manager fees (% of transaction price) up to 3.5% — up to 3.5% up to 1.5% Stockholder servicing fee (% of NAV) 0.85% — 0.85% 0.25% For Class S shares sold in the Offering (other than as part of the Company’s distribution reinvestment plan), investors will pay upfront selling commissions of up to 3.5% of the transaction price. For Class T shares sold in the Offering (other than as part of the Company’s distribution reinvestment plan), investors will pay upfront selling commissions of up to 3.0% of the transaction price and upfront dealer manager fees of 0.5% of the transaction price, however such amounts may vary at certain participating broker-dealers, provided that the sum will not exceed 3.5% of the transaction price. For Class D shares sold in the Offering (other than as part of the Company’s distribution reinvestment plan), investors will pay upfront selling commissions of up to 1.5% of the transaction price. The Dealer Manager is entitled to receive stockholder servicing fees of 0.85% per annum of the aggregate NAV for Class S shares and Class T shares. For Class T shares such stockholder servicing fee includes, an advisor stockholder servicing fee of 0.65% per annum, and a dealer stockholder servicing fee of 0.20% per annum, of the aggregate NAV for the Class T shares, however, with respect to Class T shares sold through certain participating broker-dealers, the advisor stockholder servicing fee and the dealer stockholder servicing fee may be other amounts, provided that the sum of such fees will always equal 0.85% per annum of the NAV of such shares. For Class D shares, a stockholder servicing fee equal to 0.25% per annum of the aggregate NAV for the Class D shares. The Dealer Manager has entered into agreements with the selected dealers distributing the Company’s shares in the Offering, which provide, among other things, for the re-allowance of the full amount of the selling commissions and dealer manager fees and all of the stockholder servicing fees received by the Dealer Manager to such selected dealers. Through December 31, 2019, the Dealer Manager had not retained any upfront selling commissions, dealer manager, or stockholder servicing fees. Income Taxes The Company qualifies to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), for U.S. federal income tax purposes. The Company generally will not be subject to federal corporate income tax to the extent it distributes 100% of its taxable income to its stockholders. REITs are subject to a number of other organization and operational requirements. Even if the Company qualifies for taxation as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income. The Company leases its hotel investments to wholly-owned taxable REIT subsidiaries (“TRSs”). The TRSs are subject to taxation at the federal, state and local levels, as applicable. Revenues related to the hotels’ operations such as room revenue, food and beverage revenue and other revenue are recorded in the TRS along any with corresponding expenses. The Company accounts for applicable income taxes by utilizing the asset and liability method. As such, the Company records deferred tax assets and liabilities for the future tax consequences resulting from the difference between the carrying value of existing assets and liabilities and their respective tax basis. A valuation allowance for deferred tax assets is provided if the Company believes all or some portion of the deferred tax asset may not be realized. During the years ended December 31, 2019, 2018 and 2017 the Company recorded a net tax benefit of $0.9 million, $0.6 million and $0.3 million, respectively, within Other Income on the Company’s Consolidated Statements of Operations. The deferred benefit for the years ended December 31, 2019, 2018 and 2017 is $3.1 million, $1.5 million and $0.3 million, respectively. The current expense for the years ended December 31, 2019 and 2018 is $2.2 million and $ 0.9 million, respectively. There was no such tax expense for the year ended December 31, 2017. As of December 31, 2019, 2018 and 2017, the Company recorded a deferred tax asset of $4.9 million, $1.8 million, and $0.3 million, respectively, due to its hotel investments within Other Assets on the Company’s Consolidated Balance Sheets. Fair Value Measurements Under normal market conditions, the fair value of an investment is the amount that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). Additionally, there is a hierarchal framework that prioritizes and ranks the level of market price observability used in measuring investments at fair value. Market price observability is impacted by a number of factors, including the type of investment and the characteristics specific to the investment and the state of the marketplace, including the existence and transparency of transactions between market participants. Investments with readily available actively quoted prices or for which fair value can be measured from actively quoted prices generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value. Investments measured and reported at fair value are classified and disclosed in one of the following levels within the fair value hierarchy: Level 1 — quoted prices are available in active markets for identical investments as of the measurement date. The Company does not adjust the quoted price for these investments. Level 2 — quoted prices are available in markets that are not active or model inputs are based on inputs that are either directly or indirectly observable as of the measurement date. Level 3 — pricing inputs are unobservable and include instances where there is minimal, if any, market activity for the investment. These inputs require significant judgment or estimation by management or third parties when determining fair value and generally represent anything that does not meet the criteria of Levels 1 and 2. Due to the inherent uncertainty of these estimates, these values may differ materially from the values that would have been used had a ready market for these investments existed. Valuation of assets measured at fair value The Company’s investments in real estate debt are reported at fair value. As of December 31, 2019 and 2018, the Company’s investments in real estate debt consisted of commercial mortgage-backed securities (“CMBS”), residential mortgage-backed securities (“RMBS”), which are mortgage-related fixed income securities, corporate bonds, and term private mezzanine loans of real estate-related companies. The Company generally determines the fair value of its real estate debt by generally utilizing third-party pricing service providers and broker-dealer quotations on the basis of last available bid price. In determining the fair value of a particular investment, pricing service providers may use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models to determine the reported price. The pricing service providers’ internal models for securities such as real estate debt generally consider the attributes applicable to a particular class of the security (e.g., credit rating, seniority), current market data, and estimated cash flows for each class and incorporate deal collateral performance such as prepayment speeds and default rates, as available. Certain of the Company’s investments in real estate debt, such as mortgages or mezzanine loans, are unlikely to have readily available market quotations. In such cases, the Company will generally determine the initial value based on the acquisition price of such investment if acquired by the Company or the par value of such investment if originated by the Company. Following the initial measurement, the Company will determine fair value by utilizing or reviewing certain of the following (i) market yield data, (ii) discounted cash flow modeling, (iii) collateral asset performance, (iv) local or macro real estate performance, (v) capital market conditions, (vi) debt yield or loan-to-value ratios and (vii) borrower financial condition and performance. As of December 31, 2019 and 2018, the Company’s $4.5 billion and $2.3 billion, respectively, of investments in real estate debt were classified as Level 2. Valuation of liabilities not measured at fair value As of December 31, 2019, the fair value of the Company’s mortgage notes, term loans, and secured revolving credit facilities, repurchase agreements, and unsecured revolving credit facilities were approximately $54.9 million above carrying value. As of December 31, 2018, the fair value of the Company’s mortgage notes, term loans, and revolving credit facilities, repurchase agreements, and affiliate line of credit were approximately $6.9 million below carrying value. Fair value of the Company’s indebtedness is estimated by modeling the cash flows required by the Company’s debt agreements and discounting them back to the present value using the appropriate discount rate. Additionally, the Company considers current market rates and conditions by evaluating similar borrowing agreements with comparable loan-to-value ratios and credit profiles. The inputs used in determining the fair value of the Company’s indebtedness are considered Level 3. Earnings Per Share Basic net loss per share of common stock is determined by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. All classes of common stock are allocated net income/(loss) at the same rate per share and receive the same gross distribution per share. The restricted stock grants of Class I shares held by our directors are considered to be participating securities because they contain non-forfeitable rights to distributions. The impact of these restricted stock grants on basic and diluted earnings per common share (“EPS”) has been calculated using the two-class method whereby earnings are allocated to the restricted stock grants based on dividends declared and the restricted stocks’ participation rights in undistributed earnings. As of December 31, 2019 and 2018, the effects of the two-class method on basic and diluted EPS were not material to the Company’s consolidated financial statements. Stock-Based Compensation The Company’s stock-based compensation consists of incentive compensation awards issued to certain employees of affiliate portfolio company service providers. Such awards vest over the life of the awards and stock-based compensation expense is recognized for these awards in net income on a straight-line basis over the applicable vesting period of the award, based on the value of the awards at grant. Refer to Note 11 for additional information. Recent Accounting Pronouncements In On January 1, 2019, the Company adopted ASU 2016-02, “Leases,” and all related amendments (codified in Accounting Standards Codification Topic 842 (“Topic 842”)). Certain of the Company’s investments in real estate are subject to ground leases, for which lease liabilities and corresponding right-of-use (“ROU”) assets were recognized as a result of adoption. The Company calculated the amount of the lease liabilities and ROU assets by taking the present value of the remaining lease payments, and adjusted the ROU assets for any existing straight-line ground rent liabilities and acquired ground lease intangibles. The Company’s estimated incremental borrowing rate of a loan with a similar term as the corresponding ground leases was used as the discount rate, which was determined to be approximately 7.0%. Considerable judgment and assumptions were required to estimate the Company’s incremental borrowing rate which was determined by considering the Company’s credit quality, ground lease duration, and debt yields observed in the market. Three of the Company’s existing ground leases were classified as operating leases, and upon adoption the Company recognized operating lease liabilities and corresponding ROU assets of $31.3 million. The Company’s existing below-market ground lease intangible asset of $4.5 million, above-market ground lease intangible liability of $4.6 million, and straight-line ground rent liability of $1.2 million were reclassified as of January 1, 2019 to be presented net of the operating ROU assets. In addition, the Company’s existing prepaid ground lease intangible asset of $15.7 million was reclassified as of January 1, 2019 to be presented along with the operating ROU assets. The lease liabilities are included as a component of Accounts Payable, Accrued Expenses, and Other Liabilities and the related ROU assets are recorded as a component of Investments in Real Estate, Net on the Company’s Consolidated Balance Sheet. Refer to Note 3, Note 9 and Note 12 for additional information. In transition, the Company elected the package of practical expedients to not reassess (i) whether existing arrangements are or contain a lease, (ii) the classification of an operating or financing lease in a period prior to adoption, and (iii) any initial direct costs for existing leases. Additionally, the Company elected to not use hindsight and carried forward its lease term assumptions when adopting Topic 842 and did not recognize lease liabilities and lease assets for leases with a term of 12 months or less. The Company applied ASU 2016-02 as of the effective date of January 1, 2019, and there was no impact to retained earnings as a result of the Company’s adoption. The adoption of ASU 2016-02 for leases in which the Company is lessor did not have a material impact on the Company’s consolidated financial statements. The Company elected to not separate non-lease components from lease components and presented lease related revenues as a single line item, net of bad debt expense on the Company’s Consolidated Statement of Operations. Prior to the adoption of ASU 2016-02, the Company separated lease related revenue between “rental revenue” and “tenant reimbursement income” and bad debt expense as a component of “rental property operating” expense. As a result of adoption, the Company reclassified the prior period balances of “tenant reimbursement income” to “rental revenue” to conform to the current period presentation. The Company did not reclassify the prior period balance of bad debt expense on its consolidated statement of operations. The operating lease income presented in “rental revenue” for the years ended December 31, 2018 and 2017 includes $64.1 million and $11.0 million, respectively, previously classified as “tenant reimbursement income,” which was determined under the standard in effect prior to the Company’s adoption of ASU 2016-02. Refer to Note 12 for additional information. |
Investments in Real Estate
Investments in Real Estate | 12 Months Ended |
Dec. 31, 2019 | |
Real Estate [Abstract] | |
Investments in Real Estate | 3. Investments in Real Estate Investments in real estate, net consisted of the following ($ in thousands): December 31, 2019 December 31, 2018 Building and building improvements $ 20,950,147 $ 8,389,864 Land and land improvements 5,639,678 1,961,977 Furniture, fixtures and equipment 377,645 182,418 Right of use asset - operating leases (1) 114,011 — Right of use asset - financing leases (1) 56,008 — Total 27,137,489 10,534,259 Accumulated depreciation and amortization (810,621 ) (274,572 ) Investments in real estate, net $ 26,326,868 $ 10,259,687 (1) During the year ended December 31, 2019, the Company acquired interests in 53 real estate investments, which were comprised of 443 industrial, 78 multifamily, 34 hotel, 21 self-storage, four retail, one office and one net lease property. The following table provides further details of the properties acquired during the year ended December 31, 2019 ($ in thousands): Segment and Investment Number of Transactions Number of Properties Sq. Feet (in thousands)/ Units/ Keys (1) Purchase Price (2) Industrial: Jupiter 12 Industrial Portfolio 1 316 63,965 sq. ft. $ 5,466,697 Other industrial properties 8 127 12,927 sq. ft. 1,118,566 Total Industrial properties 9 443 76,892 sq. ft. 6,585,263 Multifamily: Roman Multifamily Portfolio 1 14 3,743 units 857,540 Other multifamily properties 31 64 19,576 units 3,679,446 Total Multifamily properties 32 78 23,319 units 4,536,986 Net Lease: Bellagio 1 1 8,507 sq. ft. 4,265,530 Total Net Lease properties 1 1 8,507 sq. ft. 4,265,530 Hotel properties 5 34 5,826 keys 1,053,166 Retail properties 4 4 750 sq. ft. 282,072 Office properties 1 1 228 sq. ft. 123,348 Other properties 1 21 1,347 sq. ft. 150,703 Total Investments in Real Estate 53 582 $ 16,997,068 (1) Multifamily includes various forms of rental housing such as apartments, manufactured and student housing. Multifamily units include manufactured housing sites and student housing beds. (2) Purchase price is inclusive of acquisition-related costs. During the year ended December 31, 2018, the Company acquired interests in 32 real estate investments, which were comprised of 270 industrial, 73 multifamily, 15 hotel, and one retail property. The following table provides details of the properties acquired during the year ended December 31, 2018 ($ in thousands): Segment and Investment Number of Transactions Number of Properties Sq. Feet (in thousands)/ Unit (1) Purchase Price (2) Industrial: Canyon Industrial Portfolio 1 146 21,719 sq. ft. $ 1,837,213 Meridian Industrial Portfolio 1 106 14,011 sq. ft. 962,979 Other industrial properties 4 18 5,563 sq. ft. 539,195 Total Industrial 6 270 41,293 sq. ft. 3,339,387 Multifamily: EdR Student Housing Portfolio 1 20 10,610 units 1,230,857 Wave Multifamily Portfolio 1 6 2,199 units 423,135 Other multifamily properties 16 47 10,515 units 1,302,232 Total Multifamily 18 73 23,324 units 2,956,224 Hotel: JW Marriott San Antonio Hill Country Resort 1 1 1,002 keys 604,323 Other hotel properties 6 14 1,780 keys 359,135 Total Hotel 7 15 2,782 keys 963,458 Retail properties 1 1 91 sq. ft. 34,738 Total Investments in Real Estate 32 359 $ 7,293,807 (1) Multifamily includes various forms of rental housing such as apartments, manufactured and student housing. Multifamily units include manufactured housing sites and student housing beds. (2) Purchase price is inclusive of acquisition-related costs. The following table summarizes the purchase price allocation for the properties acquired during the year ended December 31, 2019 ($ in thousands): Jupiter 12 Industrial Portfolio Bellagio Roman Multifamily Portfolio All Other Total Building $ 4,380,115 $ 2,760,936 $ 714,941 $ 4,677,934 $ 12,533,926 Land and land improvements 781,578 1,453,421 110,206 1,358,583 3,703,788 Furniture, fixtures and equipment — 46,091 8,538 112,401 167,030 In-place lease intangibles 346,492 — 23,855 264,521 634,868 Above-market lease intangibles 14,105 — — 6,794 20,899 Below-market (1) 15,985 — — — 15,985 Below-market lease intangibles (71,578 ) — — (33,917 ) (105,495 ) Other — 5,082 — 20,985 26,067 Total purchase price $ 5,466,697 $ 4,265,530 $ 857,540 $ 6,407,301 $ 16,997,068 Assumed mortgage notes (2) 703,853 — 237,981 260,879 1,202,713 Net purchase price $ 4,762,844 $ 4,265,530 $ 619,559 $ 6,146,422 $ 15,794,355 (1) The below-market ground lease value was recorded as a component of the right of use asset – operating leases on the Condensed Consolidated Balance Sheet. Refer to Note 12 for additional details on the Company’s leases. (2) Refer to Note 6 for additional details on the Company’s mortgage notes. The weighted-average amortization periods for the acquired in-place lease intangibles, above-market lease intangibles, and below-market lease intangibles of the properties acquired during the year ended December 31, 2019 were 3, 6, and 6 The following table summarizes the purchase price allocation for the properties acquired during the year ended December 31, 2018 ($ in thousands): Canyon Industrial Portfolio EdR Student Housing Portfolio Meridian Industrial Portfolio JW Marriott San Antonio Hill Country Resort Wave Multifamily Portfolio All Other Total Building and building improvements $ 1,362,916 $ 1,034,732 $ 736,302 $ 474,529 $ 323,954 $ 1,563,496 $ 5,495,929 Land and land improvements 376,762 138,249 165,881 84,218 82,686 535,141 1,382,937 Furniture, fixtures and equipment — 11,072 — 39,979 5,252 42,667 98,970 In-place lease intangibles 109,031 51,583 64,623 597 11,243 103,387 340,464 Above-market lease intangibles 8,459 — 2,862 — — 3,775 15,096 Below-market ground lease (1) — — 793 — — — 793 Below-market lease intangibles (19,955 ) (122 ) (13,604 ) — — (13,853 ) (47,534 ) Above-market ground lease — (4,657 ) — — — — (4,657 ) Other — — 6,122 5,000 — 687 11,809 Total purchase price $ 1,837,213 $ 1,230,857 $ 962,979 $ 604,323 $ 423,135 $ 2,235,300 $ 7,293,807 Assumed mortgage notes (2) — 46,070 11,190 — — 151,220 208,480 Non-controlling interest — 12,802 — — — - 12,802 Net purchase price $ 1,837,213 $ 1,171,985 $ 951,789 $ 604,323 $ 423,135 $ 2,084,080 $ 7,072,525 (1) Refer to Note 6 for additional details on the Company’s mortgage notes. The weighted-average amortization periods for the acquired in-place lease intangibles, above-market lease intangibles, below-market ground lease intangibles, below-market lease intangibles, and above-market ground lease intangibles of the properties acquired during the year ended December 31, 2018 were 4, 5, 65, 7 and 86 years, respectively. Dispositions During the year ended December 31, 2019, the Company sold three properties across three separate transactions which resulted in a net gain of $35.0 million which was recorded within Net Gain on Dispositions of Real Estate on the Company’s Consolidated Statements of Operations. Properties Held for Sale As of December 31, 2019, six properties were classified as held for sale. Subsequent to December 31, 2019, one property was sold. The sale of the remaining five properties is expected to close in the first or second quarter of 2020. The following table is a summary of the assets and liabilities of the Company’s properties classified as held for sale ($ in thousands): Assets: December 31, 2019 Investments in real estate, net $ 141,344 Other assets 2,035 Total assets $ 143,379 Liabilities: Mortgage notes, term loans, and secured revolving credit facilities, net $ 104,314 Other liabilities 4,097 Total liabilities $ 108,411 |
Intangibles
Intangibles | 12 Months Ended |
Dec. 31, 2019 | |
Goodwill And Intangible Assets Disclosure [Abstract] | |
Intangibles | 4. Intangibles The gross carrying amount and accumulated amortization of the Company’s intangible assets and liabilities consisted of the following ($ in thousands): December 31, 2019 December 31, 2018 Intangible assets: In-place lease intangibles $ 811,254 $ 354,261 Above-market lease intangibles 42,483 21,626 Prepaid ground lease intangibles — 16,114 Below-market ground lease intangibles — 5,415 Other 26,400 5,676 Total intangible assets 880,137 403,092 Accumulated amortization: In-place lease amortization (200,629 ) (104,745 ) Above-market lease amortization (10,977 ) (4,903 ) Prepaid ground lease amortization — (378 ) Below-market ground lease amortization — (162 ) Other (3,189 ) (246 ) Total accumulated amortization (214,795 ) (110,434 ) Intangible assets, net $ 665,342 $ 292,658 Intangible liabilities: Below-market lease intangibles $ 167,032 $ 62,199 Above-market ground lease intangibles — 4,657 Total intangible liabilities 167,032 66,856 Accumulated amortization: Below-market lease amortization (30,078 ) (11,132 ) Above-market ground lease amortization — (15 ) Total accumulated amortization (30,078 ) (11,147 ) Intangible liabilities, net $ 136,954 $ 55,709 The estimated future amortization on the Company’s intangibles for each of the next five years and thereafter as of December 31, 2019 is as follows ($ in thousands): In-place Lease Intangibles Above-market Lease Intangibles Below-market Lease Intangibles 2020 $ 212,672 $ 8,242 $ (30,025 ) 2021 128,309 7,296 (26,403 ) 2022 88,947 5,707 (21,074 ) 2023 60,529 3,423 (17,174 ) 2024 39,089 2,280 (13,853 ) Thereafter 81,079 4,558 (28,425 ) $ 610,625 $ 31,506 $ (136,954 ) |
Investments in Real Estate Debt
Investments in Real Estate Debt | 12 Months Ended |
Dec. 31, 2019 | |
Investment In Real Estate And Loans [Abstract] | |
Investments in Real Estate Debt | 5. Investments in Real Estate Debt The following tables detail the Company’s investments in real estate debt ($ in thousands): December 31, 2019 Number of Positions Credit Rating (1) Collateral (2) Weighted Average Coupon (3) Weighted Average Maturity Date (4) Face Amount/ Notional (5) Cost Basis Fair Value CMBS - Floating: 43 BB Hospitality, Industrial, Multifamily, Office, Other, Diversified L+2.82% 1/24/2025 $ 996,720 $ 994,189 $ 997,022 30 BBB Hospitality, Industrial, Multifamily, Office, Other L+2.29% 3/24/2025 746,053 743,664 745,510 23 B Hospitality, Industrial, Multifamily, Office L+3.36% 12/8/2024 608,775 607,367 608,826 9 A Hospitality, Industrial, Office, Retail, Diversified L+2.04% 11/14/2024 318,881 318,117 319,227 1 AA Office L+4.25% 9/9/2020 8,257 8,332 8,277 16 Other Hospitality, Multifamily L+2.62% 7/2/2025 228,394 227,887 228,090 122 2,899,556 2,906,952 CMBS - Fixed: 11 BB Hospitality, Multifamily, Office, Diversified 3.8% 3/19/2028 297,379 283,944 282,977 7 B Hospitality, Multifamily, Office, Diversified 4.3% 1/27/2026 169,039 166,167 166,085 14 BBB Hospitality, Multifamily, Diversified 4.0% 1/22/2027 143,559 140,855 144,390 11 Other Hospitality, Multifamily, Office, Diversified 4.6% 11/7/2027 240,761 238,437 238,518 43 829,403 831,970 Corporate Bonds: 8 BB Hospitality, Multifamily, Diversified 5.1% 4/15/2027 221,986 220,757 230,006 4 B Hospitality, Multifamily, Other 5.9% 6/29/2026 54,316 55,739 58,105 12 276,496 288,111 CMBS - Zero Coupon: 1 BB Multifamily N/A 4/8/2025 27,273 20,590 20,866 3 Other Multifamily N/A 4/24/2027 208,817 106,629 115,161 4 127,219 136,027 RMBS - Fixed: 8 BB Multifamily 4.0% 9/13/2028 25,528 25,534 25,482 1 B Multifamily 6.3% 5/16/2027 3,787 3,972 3,966 9 29,506 29,448 CMBS - Interest Only: 2 AAA Multifamily 0.1% 6/12/2026 1,799,254 9,554 9,550 1 BBB Multifamily 0.1% 1/21/2028 225,803 1,372 1,371 1 A Multifamily 0.1% 5/19/2025 194,399 914 913 1 Other Multifamily 4.5% 12/17/2026 42,024 11,724 11,713 5 23,564 23,547 195 Total real estate securities 4,185,744 4,216,055 Term Loans: 5 B Hospitality, Industrial L+3.71% 1/8/2025 73,952 73,364 72,605 1 BB Diversified L+2.75% 5/15/2026 54,155 53,916 54,290 1 Other Multifamily L+1.70% 2/6/2022 47,132 46,186 46,234 7 173,466 173,129 Mezzanine Loans: 1 Other Hospitality L+6.86% 12/15/2024 134,750 134,078 134,076 8 Total real estate loans 307,544 307,205 203 Total real estate debt $ 4,493,288 $ 4,523,260 December 31, 2018 Number of Positions Credit Rating (1) Collateral (2) Weighted Average Coupon (3) Weighted Average Maturity Date (4) Face Amount/ Notional (5) Cost Basis Fair Value CMBS: 38 BB Hospitality, Industrial, Multifamily, Office, Retail L+2.83% 9/4/2024 $ 941,240 $ 939,742 $ 930,411 26 BBB Hospitality, Industrial, Multifamily, Office L+2.15% 11/18/2024 578,771 576,601 571,171 21 B Hospitality, Multifamily, Office L+3.56% 9/19/2024 496,383 495,095 490,019 3 A Hospitality, Industrial, Retail L+1.81% 3/10/2023 89,165 89,184 88,358 7 Other Multifamily L+1.99% 6/13/2026 35,442 34,876 34,951 95 2,135,498 2,114,910 CMBS - Interest Only: 2 AAA Multifamily 0.1% 3/12/2027 1,802,581 9,959 9,957 1 BBB Multifamily 0.1% 5/25/2028 225,802 1,414 1,415 1 A Multifamily 0.1% 7/25/2025 194,399 1,001 1,001 4 12,374 12,373 CMBS - Zero Coupon: 2 Other Multifamily N/A 3/2/2027 166,793 80,892 81,875 Corporate Bond: 1 BB Hospitality 6.5% 9/15/2026 52,652 52,652 50,755 102 Total real estate debt $ 2,281,416 $ 2,259,913 (1) AAA represents credit ratings of AAA and AAA-, A represents credit ratings of A+, A, and A-, BBB represents credit ratings of BBB+, BBB, and BBB-, BB represents credit ratings of BB+, BB, and BB-, and B represents credit ratings of B+, B, and B-. Other consists of investments that, as of December 31, 2019 and December 31, 2018, were either not ratable or have not been submitted to rating agencies. (2) Multifamily real estate debt is collateralized by various forms of rental housing including single-family homes and apartments. (3) The term “L” refers to the one-month U.S. dollar-denominated London Interbank Offer Rate (“LIBOR”). As of December 31, 2019, one-month LIBOR was equal to 1.8%. (4) Weighted average maturity date is based on the fully extended maturity date of the instrument or, in the case of CMBS and RMBS, the underlying collateral. (5) Represents notional amount for interest only positions. The Company’s investments in real estate debt included CMBS and loans collateralized by properties owned by Blackstone-advised investment vehicles and CMBS collateralized by loans originated or acquired by Blackstone-advised investment vehicles. The following table details the Company’s affiliate real estate debt positions ($ in thousands): Fair Value Interest Income Year Ended December 31, Year Ended December 31, 2019 2018 2019 2018 2017 CMBS collateralized by properties $ 1,418,056 $ 919,392 $ 52,562 $ 38,581 $ 8,917 CMBS collateralized by a loan 155,978 163,404 7,993 5,423 1,310 Loans collateralized by properties 134,076 — — — — Total $ 1,708,110 $ 1,082,796 $ 60,555 $ 44,004 $ 10,227 Such CMBS were purchased in fully or over-subscribed offerings. Each investment in such CMBS by Blackstone and its affiliates (including the Company) represented a minority participation in any individual tranche. The Company acquired its minority participation interests from third-party investment banks on market terms negotiated by the majority third-party investors. Blackstone and its affiliates (including the Company) will forgo all non-economic rights (including voting rights) in such CMBS as long as the Blackstone-advised investment vehicles either own the properties collateralizing, loans underlying, or have an interest in a different part of the capital structure related to such CMBS. The Company’s investments in real estate debt also included $186.8 million of CMBS collateralized by pools of commercial real estate debt, a portion of which included certain of the Company’s mortgage notes. The Company recognized $6.9 million and $0.7 million of interest income related to such CMBS during the years ended December 31, 2019 and 2018, respectively. There was no interest income related to such CMBS during the year ended December 31, 2017. As described in Note 2, the Company classifies its investments in real estate debt securities as trading and has elected the FVO for its investments in loans. As such, the Company records these investments at fair value in Real Estate Debt on the Company’s Consolidated Balance Sheets. During the years ended December 31, 2019, 2018, and 2017, the Company recorded an unrealized gain of $51.5 million, an unrealized loss of $24.7 million and an unrealized gain of $2.4 million, respectively, as a component of Income From Real Estate Debt in the Company’s Consolidated Statements of Operations. During the years ended December 31, 2019 and 2018, certain of the Company’s CMBS investments were fully or partially repaid and the Company recorded a realized gain of $2.1 million and $194 thousand, respectively, as a component of Income From Real Estate Debt on the Company’s Consolidated Statements of Operations. During the year ended December 31, 2019, the Company sold 18 securities which resulted in a $5.2 million gain on the Company’s Consolidated Statements of Operations. During the year ended December 31, 2018, the Company sold one security which resulted in a $7 thousand gain on the Company’s Consolidated Statements of Operations. The Company did not sell any positions during 2017. |
Mortgage Notes, Term Loans, and
Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities | 12 Months Ended |
Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |
Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities | 6. Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities The following is a summary of the mortgage notes, term loans, and secured revolving credit facilities secured by the Company’s properties ($ in thousands): Principal Balance Outstanding (3) Indebtedness Weighted Average Interest Rate (1) Weighted Average Maturity Date (2) Maximum Facility Size December 31, 2019 December 31, 2018 Fixed rate Fixed rate mortgages 3.80% 6/2/2027 N/A $ 12,424,717 $ 4,782,326 Mezzanine loan 5.85% 4/5/2025 N/A 195,878 200,000 Total fixed rate loans 3.83% 5/21/2027 12,620,595 4,982,326 Variable rate Floating rate mortgages L+1.71% 11/24/2025 N/A 1,826,435 675,116 Variable rate term loans L+1.58% 3/25/2024 N/A 1,533,561 603,500 Variable rate secured revolving credit facilities L+1.54% 6/17/2025 $ 2,233,020 1,063,837 624,200 Total variable rate loans L+1.63% 3/19/2025 4,423,833 1,902,816 Total loans secured by the Company's properties 3.74% 7/30/2027 17,044,428 6,885,142 Premium on assumed debt, net 10,794 1,673 Deferred financing costs, net (125,563 ) (53,546 ) Mortgage notes, term loans, and secured revolving credit facilities, net $ 16,929,659 $ 6,833,269 (1) The term “L” refers to the one-month LIBOR. As of December 31, 2019, one-month LIBOR was 1.8%. (2) For loans where the Company, at its sole discretion, has extension options, the maximum maturity date has been assumed. (3) The majority of the Company’s mortgages contain yield or spread maintenance provisions. The following table presents the future principal payments due under the Company’s mortgage notes, term loans, and secured revolving credit facilities as of December 31, 2019 ($ in thousands): Year Amount 2020 $ 99,749 2021 49,771 2022 721,116 2023 491,015 2024 3,439,512 Thereafter 12,243,265 Total $ 17,044,428 |
Repurchase Agreements
Repurchase Agreements | 12 Months Ended |
Dec. 31, 2019 | |
Disclosure Of Repurchase Agreements [Abstract] | |
Repurchase Agreements | 7. Repurchase Agreements T he Company has entered into master repurchase agreements with Citigroup Global Markets Inc. (the “Citi MRA”), Royal Bank of Canada (the “RBC MRA”), Bank of America Merrill Lynch (the “BAML MRA”), Morgan Stanley Bank, N.A. (the “MS MRA”), MUFG Securities EMEA PLC (the “MUFG MRA”), HSBC Bank USA, National Association (the “HSBC MRA”), and Barclays Bank PLC (the “Barclays MRA”) to provide the Company with additional financing capacity secured by certain of the Company’s investments in real estate debt. The terms of the Citi MRA, RBC MRA, BAML MRA, MS MRA, MUFG MRA, and HSBC MRA provide the lenders the ability to determine the size and terms of the financing provided based upon the particular collateral pledged by the Company from time-to-time. The Barclays MRA has a maximum facility size of $750.0 million and repurchase agreements under the Barclays MRA have longer dated maturity compared to the Company’s other master repurchase agreements. Additionally, the Barclays MRA contains specific spread and advance rate provisions based on the rating of the underlying real estate debt securities. The Company is in compliance with all financial covenants of the Barclays MRA. The following tables are a summary of the Company’s repurchase agreements ($ in thousands): December 31, 2019 Facility Weighted Average Maturity Date (1) Security Interests Collateral Assets (2) Outstanding Balance Prepayment Provisions RBC MRA 6/23/2020 CMBS/Corporate bonds $ 1,980,951 $ 1,561,642 None Barclays MRA 9/29/2021 CMBS 981,652 750,000 None MS MRA 2/1/2020 CMBS 636,734 508,510 None Citi MRA 1/14/2020 CMBS/Corporate bonds 266,406 205,762 None MUFG MRA 4/30/2020 CMBS 86,332 62,561 None BAML MRA 1/24/2020 CMBS/Corporate bonds 4,807 3,662 None $ 3,956,882 $ 3,092,137 December 31, 2018 Facility Weighted Average Maturity Date (1) Security Interests Collateral Assets (2) Outstanding Balance Prepayment Provisions Barclays MRA 9/29/2021 CMBS/Corporate bonds $ 989,059 $ 750,000 None RBC MRA 6/18/2019 CMBS 794,917 650,018 None Citi MRA 1/13/2019 CMBS 193,372 154,736 None MS MRA 1/15/2019 CMBS 173,050 146,569 None MUFG MRA 4/30/2020 CMBS 15,266 12,400 None $ 2,165,664 $ 1,713,723 (1) Subsequent to year end, the Company rolled its repurchase agreement contracts expiring in January and February 2020 into new contracts. (2) Represents the fair value of the Company’s investments in real estate debt that serve as collateral. The weighted average interest rate of our repurchase agreements was 2.95% (L+1.26%) and 3.96% (L+1.42%) for the year ended December 31, 2019 and 2018, respectively. The term “L” refers to the one-month, three-month or six-month U.S. dollar-denominated London Interbank Offer Rate (“LIBOR”). |
Unsecured Revolving Credit Faci
Unsecured Revolving Credit Facilities | 12 Months Ended |
Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |
Unsecured Revolving Credit Facilities | 8. Unsecured Revolving Credit Facilities On January 23, 2017, the Company entered into an unsecured, uncommitted line of credit (the “Line of Credit”) up to a maximum amount of $250 million with Blackstone Holdings Finance Co. L.L.C. (“Lender”), an affiliate of Blackstone. Effective January 15, 2020, the capacity of the Line of Credit was decreased to $150 million. The Line of Credit expires on January 22, 2021, and may be extended for up to 12 months, subject to Lender approval. The interest rate is the then-current rate offered by a third-party lender, or, if no such rate is available, LIBOR plus 2.50%. Interest under the Line of Credit is determined based on a one-month U.S. dollar-denominated LIBOR, which was 1.8% and 2.5% as of December 31, 2019 and 2018, respectively. Each advance under the Line of Credit is repayable on the earliest of (i) the expiration of the Line of Credit, (ii) Lender’s demand and (iii) the date on which the Adviser no longer acts as the Company’s investment adviser, provided that the Company will have 180 days to make such repayment in the cases of clauses (i) and (ii) and 45 days to make such repayment in the case of clause (iii). To the extent the Company has not repaid all loans and other obligations under the Line of Credit when repayment is required, the Company is obligated to apply the net cash proceeds from the Offering and any sale or other disposition of assets to the repayment of such loans and other obligations; provided that the Company will be permitted to (x) make payments to fulfill any repurchase requests pursuant to the Company’s share repurchase plan, (y) use funds to close any acquisition of property that the Company committed to prior to receiving a demand notice and (z) make quarterly distributions to the Company’s stockholders at per share levels consistent with the immediately preceding fiscal quarter and as otherwise required for the Company to maintain its REIT status. As of December 31, 2019 and 2018, the Company had no outstanding balance under the Line of Credit. The Company is party to an unsecured line of credit with multiple banks. The line of credit expires on February 22, 2023 and may be extended for one year. Interest under the line of credit is determined based on one-month U.S. dollar-denominated LIBOR plus 2.50%. As of December 31, 2019, the capacity of the unsecured line of credit was $900 million. As of December 31, 2019, the Company had a $30 million letter of credit outstanding, which reduced the available capacity of the unsecured line of credit to $870 million. |
Other Assets and Other Liabilit
Other Assets and Other Liabilities | 12 Months Ended |
Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |
Other Assets and Other Liabilities | 9. Other Assets and Other Liabilities The following table summarizes the components of other assets ($ in thousands): December 31, 2019 December 31, 2018 Real estate intangibles, net $ 665,342 $ 292,658 Held for sale assets 143,379 — Receivables 101,106 45,799 Straight-line rent receivable 38,287 10,337 Deferred leasing costs, net 28,792 7,621 Deferred financing costs, net 28,494 5,822 Prepaid expenses 28,334 10,746 Pre-acquisition costs 9,861 15,361 Other 36,398 22,601 Total $ 1,079,993 $ 410,945 The following table summarizes the components of accounts payable, accrued expenses and other liabilities ($ in thousands): December 31, 2019 December 31, 2018 Subscriptions received in advance $ 796,729 $ 166,542 Intangible liabilities, net 136,954 55,709 Accounts payable and accrued expenses 126,565 53,247 Held for sale liabilities 108,411 — Real estate taxes payable 100,767 56,555 Prepaid rental income 87,479 29,112 Right of use lease liability - operating leases 82,880 — Right of use lease liability - financing leases 56,758 — Distribution payable 56,210 21,360 Accrued interest expense 50,279 24,432 Tenant security deposits 46,533 23,493 Other 42,522 33,948 Total $ 1,692,087 $ 464,398 |
Equity and Redeemable Non-contr
Equity and Redeemable Non-controlling Interest | 12 Months Ended |
Dec. 31, 2019 | |
Equity [Abstract] | |
Equity and Redeemable Non-controlling Interest | 10. Equity and Redeemable Non-controlling Interest Authorized Capital The Company is authorized to issue preferred stock and four classes of common stock consisting of Class S shares, Class I shares, Class T shares, and Class D shares. The Company’s board of directors has the ability to establish the preferences and rights of each class or series of preferred stock, without stockholder approval, and as such, it may afford the holders of any series or class of preferred stock preferences, powers and rights senior to the rights of holders of common stock. The differences among the common share classes relate to upfront selling commissions, dealer manager fees and ongoing stockholder servicing fees. See Note 2 for a further description of such items. Other than the differences in upfront selling commissions, dealer manager fees and ongoing stockholder servicing fees, each class of common stock has the same economic and voting rights. As of December 31, 2019, the Company had authority to issue 3,100,000,000 shares, consisting of the following: Classification Number of Shares (in thousands) Par Value Preferred Stock 100,000 $ 0.01 Class S Shares 1,000,000 $ 0.01 Class I Shares 1,000,000 $ 0.01 Class T Shares 500,000 $ 0.01 Class D Shares 500,000 $ 0.01 Total 3,100,000 Common Stock The following tables detail the movement in the Company’s outstanding shares of common stock (in thousands): Class S Class I Class T Class D Total January 1, 2017 — 20 — — 20 Common stock issued 128,277 30,146 5,600 3,931 167,954 Distribution reinvestment 1,834 578 25 24 2,461 Common stock repurchased (26 ) (41 ) — — (67 ) Independent directors' restricted stock grant (1) — 16 — — 16 December 31, 2017 130,085 30,719 5,625 3,955 170,384 Common stock issued 142,828 77,964 17,379 26,112 264,283 Distribution reinvestment 6,266 2,394 385 434 9,479 Common stock repurchased (2,190 ) (2,853 ) (76 ) (126 ) (5,245 ) Independent directors' restricted stock grant (1) — 37 — — 37 December 31, 2018 276,989 108,261 23,313 30,375 438,938 Common stock issued 248,497 371,562 16,650 53,107 689,816 Distribution reinvestment 12,156 7,356 899 1,590 22,001 Common stock repurchased (6,829 ) (12,936 ) (1,095 ) (415 ) (21,275 ) Independent directors' restricted stock grant (1) — 36 — — 36 December 31, 2019 530,813 474,279 39,767 84,657 1,129,516 (1) The directors’ restricted stock grants represented an aggregate $0.4 million, $0.4 million and $0.1 million of the annual compensation paid to the independent directors for the years ended December 31, 2019, 2018, and 2017, respectively. Each grant is amortized over the one-year service period of such grant. Share Repurchase Plan The Company has adopted a share repurchase plan whereby, subject to certain limitations, stockholders may request on a monthly basis that the Company repurchases all or any portion of their shares. Should repurchase requests, in the Company’s judgment, place an undue burden on its liquidity, adversely affect its operations or risk having an adverse impact on the Company as a whole, or should the Company otherwise determine that investing its liquid assets in real properties or other illiquid investments rather than repurchasing its shares is in the best interests of the Company as a whole, then the Company may choose to repurchase fewer shares than have been requested to be repurchased, or none at all. Further, the Company’s board of directors may modify, suspend or terminate the Company’s share repurchase plan if it deems such action to be in the Company’s best interest and the best interest of its stockholders. In the event that the Company determines to repurchase some but not all of the shares submitted for repurchase during any month, shares repurchased at the end of the month will be repurchased on a pro rata basis. For the years ended December 31, 2019, 2018, and 2017, the Company repurchased shares for $236.4 million, $56.4 million, and $0.7 million, respectively. The Company had no unfulfilled repurchase requests during the years ended December 31, 2019, 2018 and 2017. Distributions The Company generally intends to distribute substantially all of its taxable income, which does not necessarily equal net income as calculated in accordance with GAAP, to its stockholders each year to comply with the REIT provisions of the Internal Revenue Code. Each class of our common stock receives the same gross distribution per share. The net distribution varies for each class based on the applicable stockholder servicing fee, which is deducted from the monthly distribution per share and paid directly to the applicable distributor. The following table details the aggregate distributions declared for each applicable class of common stock: Year Ended December 31, 2019 Class S Class I Class T Class D Gross distributions declared per share of common stock $ 0.6363 $ 0.6363 $ 0.6363 $ 0.6363 Stockholder servicing fee per share of common stock (0.0951 ) — (0.0935 ) (0.0276 ) Net distributions declared per share of common stock $ 0.5412 $ 0.6363 $ 0.5428 $ 0.6087 Year Ended December 31, 2018 Class S Class I Class T Class D Gross distributions declared per share of common stock $ 0.6286 $ 0.6286 $ 0.6286 $ 0.6286 Stockholder servicing fee per share of common stock (0.0917 ) — (0.0902 ) (0.0267 ) Net distributions declared per share of common stock $ 0.5369 $ 0.6286 $ 0.5384 $ 0.6019 Year Ended December 31, 2017 Class S Class I Class T Class D Gross distributions declared per share of common stock (1) $ 0.4782 $ 0.4782 $ 0.3567 $ 0.4008 Stockholder servicing fee per share of common stock (0.0823 ) — (0.0511 ) (0.0173 ) Net distributions declared per share of common stock $ 0.3959 $ 0.4782 $ 0.3056 $ 0.3835 (1) The Company did not sell any Class D or Class T shares prior to May 2017 and June 2017, respectively, thus no distributions were declared for Class D or Class T prior to such date. Distributions for the year ended December 31, 2019 were characterized, for federal income tax purposes, as 8.75% ordinary income, 1.17% capital gains and 90.08% return of capital. Of the 8.75%, 8.60% and 0.15% of the distributions paid in 2019 were non-qualified and qualified, respectively. Distributions for the year ended December 31, 2018 were characterized, for federal income tax purposes, as 3.11% ordinary income and 96.89% return of capital. Of the 3.11%, 0.51% and 2.60% of the distributions paid in 2018 were non-qualified and qualified, respectively. Distributions for the year ended December 31, 2017, were characterized, for federal income tax purposes, as 34.15% ordinary income and 65.85% return of capital. Of the 34.15%, 32.55% and 1.60% of the distributions paid in 2017 were non-qualified and qualified, respectively. Redeemable Non-controlling Interest In connection with its performance participation interest, the Special Limited Partner holds Class I units in BREIT OP. See Note 11 for further details of the Special Limited Partner’s performance participation interest. Because the Special Limited Partner has the ability to redeem its Class I units for Class I shares in the Company or cash, at the election of the Special Limited Partner, the Company has classified these Class I units as Redeemable Non-controlling Interest in mezzanine equity on the Company’s Consolidated Balance Sheets. The following table summarizes the redeemable non-controlling interest activity related to the Special Limited Partner for the years ended December 31, 2019 and 2018 ($ in thousands): December 31, 2019 December 31, 2018 Balance at the beginning of the year $ 9,233 $ 250 Settlement of performance participation allocation 37,484 16,974 Conversion to Class I shares (11,620 ) — Repurchases (35,435 ) (8,400 ) GAAP income allocation (408 ) (1,035 ) Distributions (652 ) (748 ) Fair value allocation 1,670 2,192 Balance at the end of the year $ 272 $ 9,233 In addition to the Special Limited Partner’s interest noted above, certain of the Company’s third party joint ventures also have a redeemable non-controlling interest in such joint ventures. As of December 31, 2019, $20.9 million related to such third party joint ventures was included in Redeemable Non-controlling Interests on the Company’s Consolidated Balance Sheets. The Redeemable Non-controlling Interests are recorded at the greater of their carrying amount, adjusted for their share of the allocation of income or loss and distributions, or their redemption value, which is equivalent to fair value, of such interests at the end of each measurement period. As the redemption value was greater than the adjusted carrying value for certain of the non-controlling interests at December 31, 2019 and 2018, the Company recorded an allocation adjustment of $6.8 million and $2.2 million, respectively, between Additional Paid-in Capital and Redeemable Non-controlling Interest. Non-controlling Interests - BREIT OP unitholders On July 27, 2018, the Company entered into an Amended and Restated Limited Partnership Agreement (the “A&R OP Agreement”) for BREIT OP. The A&R OP Agreement amended the limited partnership agreement governing BREIT OP to provide for a new class of units (“Class B Units”) of BREIT OP, among other changes. Class B Units are available to certain suitable investors in private placements generally utilizing a “draw-down” structure. Class B Units are sold at their NAV per unit, which will equal the NAV per Class I unit of BREIT OP and will generally correspond to the NAV per share of the Company’s Class I shares. Class B Units are subject to the same fees and expenses of Class I Units and do not have any preferential rights relative to the Company’s interest in BREIT OP, nor are they exchangeable for any shares of the Company’s common stock. Holders of the Class B Units have a right to redeem their units for cash in a manner similar to the ability of the Company’s stockholders to have their shares repurchased under the Company’s share repurchase plan. Class B Unit redemptions are subject to similar limitations as share repurchases under the Company’s share repurchase plan, namely the early repurchase deduction and caps on monthly and quarterly repurchases (calculated on an aggregate basis with shares of the Company’s common stock submitted for repurchase for the applicable period). The redemption rights of the Class B unitholders do not affect the terms of the Company’s share repurchase plan. Class B Units have the same limited voting rights as the other BREIT OP units and such rights do not affect the Company’s exclusive power, as general partner of BREIT OP, to manage and conduct the business of BREIT OP. During the years ended December 31, 2019 and 2018, BREIT OP received $0 and $100 million in Class B Units subscriptions from an entity advised by Blackstone Insurance Solutions . As of December 31, 2019 and 2018, there were 9,268,500 Class B Units outstanding. Class B Units subscriptions are recorded as a component of Non-controlling Interests on the Company’s Consolidated Balance Sheets. |
Related Party Transactions
Related Party Transactions | 12 Months Ended |
Dec. 31, 2019 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | 11. Related Party Transactions Due to Affiliates The following table details the components of due to affiliates ($ in thousands): December 31, 2019 December 31, 2018 Accrued stockholder servicing fee (1) $ 478,539 $ 238,496 Performance participation allocation 141,396 37,484 Accrued management fees 13,873 5,124 Advanced organization and offering costs 6,136 8,181 Accrued affiliate service provider expenses 6,037 3,115 Accrued affiliate incentive compensation awards — 4,714 Other 44,162 4,467 Total $ 690,143 $ 301,581 (1) The Company accrues the full amount of the future stockholder servicing fees payable to the Dealer Manager for Class S, Class T, and Class D shares up to the 8.75% of gross proceeds limit at the time such shares are sold. As of December 31, 2019 and 2018, the Company accrued $478.5 million and $238.5 million, respectively, of stockholder servicing fees payable to the Dealer Manager related to the Class S, Class T, and Class D shares sold. The Dealer Manager has entered into agreements with the selected dealers distributing the Company’s shares in the Offering, which provide, among other things, for the re-allowance of the full amount of the selling commissions and dealer manager fee and all or a portion of the stockholder servicing fees received by the Dealer Manager to such selected dealers. Performance Participation Allocation The Special Limited Partner holds a performance participation interest in BREIT OP that entitles it to receive an allocation of BREIT OP’s total return to its capital account. Total return is defined as distributions paid or accrued plus the change in NAV. Under the BREIT OP agreement, the annual total return will be allocated solely to the Special Limited Partner after the other unit holders have received a total return of 5% (after recouping any loss carryforward amount) and such allocation will continue until the allocation between the Special Limited Partner and all other unit holders is equal to 12.5% and 87.5%, respectively. Thereafter, the Special Limited Partner will receive an allocation of 12.5% of the annual total return. The allocation of the performance participation interest is ultimately determined at the end of each calendar year and will be paid in cash or Class I units of BREIT OP, at the election of the Special Limited Partner. During the years ended December 31, 2019, 2018 and 2017, the Company recognized $141.4 million, $37.5 million and $17.0 million, respectively, of Performance Participation Allocation Expense in the Company’s Consolidated Statement of Operations. In January 2020 the Company issued approximately 11.7 million Class I units and 0.7 million Class B units in BREIT OP to the Special Limited Partner as payment for the 2019 performance participation allocation. Such units were issued at the NAV per unit as of December 31, 2019. Subsequent to the Class I units and Class B units being issued, 7.3 million of such units were redeemed for $83.6 million and 0.8 million of such units were exchanged for unregistered Class I shares in the Company. In January 2019, the Company issued approximately 3.5 million Class I units in BREIT OP to the Special Limited Partner as payment for the 2018 performance participation allocation. Such Class I units were issued at the NAV per unit as of December 31, 2018. Subsequent to the Class I units being issued, 0.4 million of such units were redeemed for $4.3 million and 1.1 million of such units were exchanged for unregistered Class I shares in the Company. In January 2018, the Company issued approximately 1.6 million Class I units in BREIT OP to the Special Limited Partner as payment for the 2017 performance participation allocation. Such Class I units were issued at the NAV per unit as of December 31, 2017. In June 2018, the Special Limited Partner redeemed 0.8 million Class I units in BREIT OP for $8.4 million based on the NAV of the Class I units at May 31, 2018. As of December 31, 2019, Blackstone and its employees, including the Company’s executive officers, continue to own an aggregate of $72.9 million worth of shares of the Company and Class I units of BREIT OP. Management Fee The Adviser is entitled to an annual management fee equal to 1.25% of the Company’s NAV, payable monthly, as compensation for the services it provides to the Company. The management fee can be paid, at the Adviser’s election, in cash, shares of common stock, or BREIT OP units. The Adviser has elected to receive the management fee in shares of the Company’s common stock to date. During the years ended December 31, 2019, 2018, and 2017, the Company incurred management fees of $108.1 million, $42.7 million, and $8.9 million, respectively. In accordance with the advisory agreement between the Company, BREIT OP and the Adviser, the Adviser waived the management fee for the period January 1, 2017 to June 30, 2017. The Company issued 8,424,263, 3,845,338, and 664,411 unregistered Class I shares to the Adviser as payment for the 2019, 2018 and 2017 management fees, respectively, and also had a payable of $13.9 million and $5.1 million related to management fees as of December 31, 2019 and 2018, respectively, which is included in Due to Affiliates on the Company’s Consolidated Balance Sheets. During January 2020, 2019, and 2018, the Adviser was issued 1,211,870, 474,552 and 180,215, respectively, unregistered Class I shares as payment for the management fee accrued as of December 31, 2019, 2018 and 2017. The shares issued to the Adviser for payment of the management fee were issued at the applicable NAV per share at the end of each month for which the fee was earned. During 2019, the Adviser submitted 10,297,777 Class I shares for an aggregate repurchase price of $114.8 million. During 2018, the Adviser submitted 1,828,163 Class I shares for an aggregate repurchase price of $19.8 million. Accrued affiliate service provider expenses and incentive compensation awards The Company has engaged BRE Hotels and Resorts (“BRE”), a portfolio company controlled by a Blackstone-advised fund, to provide, as applicable, operational services (including, without limitation, property management), corporate support services (including, without limitation, accounting, legal and tax) and transaction support services for the Company’s hotel properties. The Company has engaged LivCor, LLC (“LivCor”), a portfolio company owned by a Blackstone-advised fund, to provide, as applicable, operational services (including, without limitation, property management and construction management), corporate support services (including, without limitation, accounting, information technology, legal, tax and human resources) and transaction support services for the Company’s multifamily properties. For the year ended December 31, 2017, the Company engaged Equity Office Management, L.L.C. (“EOM”), a portfolio company owned by Blackstone-advised funds, to provide, as applicable, operational services (including, without limitation, property management, leasing, and construction management), corporate support services (including, without limitation, accounting, information technology, legal, tax and human resources) and transaction support services for the Company’s office and industrial properties. Beginning January 1, 2018, the Company engaged Gateway Industrial Properties L.L.C. (“Gateway”), a portfolio company owned by a Blackstone-advised fund, to provide the services that EOM had previously provided to the Company’s industrial properties. Beginning March 2019, the Company engaged Link Industrial Properties LLC (“Link”), a portfolio company owned by a Blackstone-advised fund, to provide the services that Gateway had previously provided to the Company’s industrial properties. The Company has engaged ShopCore Properties TRS Management LLC (“ShopCore”), a portfolio company owned by a Blackstone-advised fund, to provide, as applicable, operational services (including, without limitation, property management, construction management and leasing services), corporate support services (including, without limitation, accounting, information technology, legal, tax and human resources) and transaction support services for the Company’s retail properties. The Company has engaged Revantage Corporate Services, LLC (“Revantage”), a portfolio company owned by a Blackstone-advised fund, to provide, as applicable, corporate support services (including, without limitation, accounting, legal, tax, treasury, valuation services, information technology and data management), and transaction support services to certain of the Company’s investments directly. The Company issued incentive compensation awards to certain employees of the affiliate portfolio company service providers described above on January 1, 2019 that entitles them to receive an allocation of total return over a certain hurdle amount, as determined by the Company. The value of the award at January 1, 2019 was $8.0 million and will be amortized over the four year service period. As of December 31, 2019, the total unrecognized compensation cost relating to the portfolio company incentive compensation awards was $6.0 million and is expected to be recognized over a period of 3 years from December 31, 2019. The 2018 portfolio company incentive compensation awards of $4.7 million became payable on December 31, 2018 and, in January 2019, the Company issued approximately 0.4 million of fully vested Class I units in BREIT OP to certain employees of such companies. During the year ended December 31, 2019, certain employees of affiliate portfolio company service providers submitted 64,393 Class I units issued as part of the 2018 incentive compensation awards for repurchase resulting in a total repurchase of $0.7 million. None of Blackstone, the Adviser, or the affiliate portfolio company service providers receive any incentive compensation from the aforementioned arrangements. The following table details the amounts incurred for such providers during the years ended December 31, 2019, 2018, and 2017 ($ in thousands): Affiliate Service Provider Expenses Portfolio Company Incentive Compensation Awards For the Year Ended December 31, For the Year Ended December 31, 2019 2018 2017 2019 2018 2017 Link $ 19,332 $ — $ — $ 1,042 $ — $ — LivCor 18,464 7,885 1,279 308 2,708 — BRE 7,250 940 116 624 640 — Gateway 2,524 5,495 — — 1,295 — ShopCore 1,715 1,334 240 26 71 — Revantage 1,295 649 — — — — EOM 104 — 881 — — — Total $ 50,684 $ 16,303 $ 2,516 $ 2,000 $ 4,714 $ — Affiliate service provider expenses and portfolio company incentive compensation awards are included as a component of Rental Property Operating and Hotel Operating expense, as applicable, in the Company’s Consolidated Statements of Operations. The following table details the transaction support service fees incurred for such providers ($ in thousands): For the Year Ended December 31, 2019 2018 Link $ 3,460 $ — LivCor 2,990 1,491 ShopCore 610 252 EOM 30 — Gateway 27 215 Revantage — 9 Total $ 7,117 $ 1,967 Transaction support service fees were capitalized to Investments in Real Estate on the Company’s Consolidated Balance Sheets. Neither Blackstone nor the Adviser receives any fees from the aforementioned arrangements. Other As of December 31, 2019 and 2018, the Adviser had advanced $2.0 million and $1.1 million, respectively, of expenses on the Company’s behalf for general corporate expenses provided by unaffiliated third parties. Additionally, as of December 31, 2019 and 2018, the Company had $42.1 million and $3.4 million, respectively, of accrued repurchases of Class I shares due to the Adviser. During the years ended December 31, 2019, 2018, and 2017, the Company engaged an affiliate of the Adviser to perform certain internal audit and compliance functions. For the years ended December 31, 2019, 2018, and 2017, the Company had incurred $40,000, $40,000 and $30,000, respectively, of fees for such services. Affiliate Title Service Provider Blackstone owns Lexington National Land Services (“LNLS”), a title agent company. LNLS acts as an agent for one or more underwriters in issuing title policies and/or providing support services in connection with investments by the Company, Blackstone and their affiliates and related parties and third parties. LNLS focuses on transactions in rate-regulated states where the cost of title insurance is non-negotiable. LNLS will not perform services in non-regulated states for the Company, unless (i) in the context of a portfolio transaction that includes properties in rate-regulated states, (ii) as part of a syndicate of title insurance companies where the rate is negotiated by other insurers or their agents, (iii) when a third party is paying all or a material portion of the premium or (iv) when providing only support services to the underwriter. LNLS earns fees, which would have otherwise been paid to third parties, by providing title agency services and facilitating placement of title insurance with underwriters. Blackstone receives distributions from LNLS in connection with investments by the Company based on its equity interest in LNLS. In each case, there will be no related offset to the Company. During the years ended December 31, 2019 and 2018, the Company paid LNLS $14.8 million and $4.6 million, respectively, for title services related to 43 and 16 investments, respectively, and such costs were capitalized to Investments in Real Estate or recorded as deferred financing costs, which is a reduction to Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities on the Company’s Consolidated Balance Sheets. Other As of December 31, 2019, the Company had a receivable of $3.6 million from Livcor, L.L.C. and such amount is included in Other Assets on the Company’s Consolidated Balance Sheets. As of December 31, 2019, the Company had a receivable of $7.8 million from funds affiliated with the Adviser for post-closing settlements related to the Jupiter 12 Industrial Portfolio acquisition. Such amount is included in Other Assets on the Company’s Consolidated Balance Sheets. |
Leases
Leases | 12 Months Ended |
Dec. 31, 2019 | |
Leases [Abstract] | |
Leases | 12. Leases Lessee Certain of the Company’s investments in real estate are subject to ground leases. The Company’s ground leases are classified as either operating leases or financing leases based on the characteristics of each lease. As of December 31, 2019, the Company had 15 ground leases classified as operating and two ground leases classified as financing. Each of the Company’s ground leases were acquired as part of the acquisition of real estate and no incremental costs were incurred for such ground leases. The Company’s ground leases are non-cancelable, and two of the Company’s operating leases contain renewal options for additional 99 and 10 year terms. The following table presents the future lease payments due under the Company’s ground leases as of December 31, 2019 ($ in thousands): Operating Leases Financing Leases 2020 $ 3,916 $ 2,991 2021 3,977 3,081 2022 4,088 3,174 2023 4,127 3,269 2024 4,180 3,367 Thereafter 603,041 330,544 Total undiscounted future lease payments 623,329 346,426 Difference between undiscounted cash flows and discounted cash flows (540,449 ) (289,668 ) Total lease liability $ 82,880 $ 56,758 The Company utilized its incremental borrowing rate, which was between 5% and 7%, to determine its lease liabilities. As of December 31, 2019, the weighted average remaining lease term of the Company’s operating leases and financing leases was 57 years and 77 years, respectively. The following table presents the future lease payments due under the Company’s ground leases as of December 31, 2018, prior to the adoption of ASU 2016-02 ($ in thousands): Year Future Commitments 2019 $ 1,470 2020 1,508 2021 1,547 2022 1,586 2023 1,622 Thereafter 460,055 Total $ 467,788 Payments under the Company’s ground leases primarily contain fixed payment components that may include periodic increases fixed to an index or periodic fixed percentage escalations. One of the Company’s ground leases contains a variable component based on a percentage of revenue. The following table summarizes the fixed and variable components of the Company’s operating leases ($ in thousands): For the Year Ended December 31, 2019 2018 2017 Fixed ground rent expense $ 2,042 $ 256 $ 160 Variable ground rent expense 81 420 132 Total cash portion of ground rent expense 2,123 676 292 Non-cash ground rent expense 4,892 1,458 151 Total operating lease costs $ 7,015 $ 2,134 $ 443 The following table summarizes the fixed and variable components of the Company’s financing leases ($ in thousands): For the Year Ended December 31, 2019 2018 2017 Interest on lease liabilities $ 2,228 $ — $ — Amortization of right-of-use assets 748 — — Total financing lease costs $ 2,976 $ — $ — Lease costs recognized during the prior periods are presented under the standard in effect prior to the Company’s adoption of ASU 2016-02. Lessor The Company’s rental revenue primarily consists of rent earned from operating leases at the Company’s multifamily, industrial, retail, office, net lease and other properties. Leases at the Company’s industrial, retail, and office properties generally include a fixed base rent and certain leases also contain a variable component. The variable component of the Company’s operating leases at its industrial, retail, and office properties primarily consist of the reimbursement of operating expenses such as real estate taxes, insurance, and common area maintenance costs. Rental revenue from the Company’s lease at the Bellagio consists of a fixed annual rent that escalates annually throughout the term of the lease and the tenant is generally responsible for all property-related expenses, including taxes, insurance and maintenance. The Company assessed the classification of the Bellagio lease and determined the lease was an operating lease. The Company’s assessment included the consideration of the present value of the lease payments over the lease term and the residual value of the assets under the lease. Leases at the Company’s industrial, retail, office, and net lease properties are generally longer term and may contain extension and termination options at the lessee’s election. Rental revenue earned from leases at the Company’s multifamily properties primarily consist of a fixed base rent and certain leases contain a variable component that allows for the pass-through of certain operating expenses such as utilities. Leases at the Company’s multifamily and other properties are short term in nature, generally not greater than 12 months in length. The following table details the components of operating lease income from leases in which the Company is the lessor ($ in thousands): For the Year Ended December 31, 2019 2018 2017 Fixed lease payments $ 1,073,562 $ 494,519 $ 110,429 Variable lease payments 128,051 64,145 10,952 Rental revenue $ 1,201,613 $ 558,664 $ 121,381 The following table presents the future minimum rents the Company expects to receive for its industrial, retail, office and net lease properties as of December 31, 2019 ($ in thousands). Leases at the Company’s multifamily and self-storage properties are short term, generally 12 months or less, and are not included. Year Future Minimum Rents 2020 $ 834,551 2021 779,973 2022 698,106 2023 609,287 2024 530,915 Thereafter 9,366,852 Total $ 12,819,684 The following table presents the future minimum rents the Company expects to receive for its industrial and retail properties as of December 31, 2018, prior to the adoption of ASU 2016-02 ($ in thousands): Year Future Minimum Rents 2019 $ 238,043 2020 215,327 2021 185,419 2022 144,186 2023 102,609 Thereafter 285,981 Total $ 1,171,565 |
Segment Reporting
Segment Reporting | 12 Months Ended |
Dec. 31, 2019 | |
Segment Reporting [Abstract] | |
Segment Reporting | 13. Segment Reporting The Company operates in eight reportable segments: Industrial properties, Multifamily properties, Net Lease properties, Hotel properties, Retail properties, Office properties, Other properties and Real Estate Debt. The Company allocates resources and evaluates results based on the performance of each segment individually. The Company believes that Segment Net Operating Income is the key performance metric that captures the unique operating characteristics of each segment. The following table sets forth the total assets by segment ($ in thousands): December 31, 2019 December 31, 2018 Industrial $ 10,564,172 $ 3,966,796 Multifamily 9,695,916 5,396,457 Net Lease 4,271,196 — Hotel 2,427,554 1,268,992 Retail 419,198 136,273 Office 138,912 — Other Properties 145,411 — Real estate debt 4,565,385 2,281,033 Other (Corporate) 812,079 187,607 Total assets $ 33,039,823 $ 13,237,158 The following table sets forth the financial results by segment for the year ended December 31, 2019 ($ in thousands): Industrial Multifamily Net Lease Hotel Retail Office Other Properties Real Estate Debt Total Revenues: Rental revenue $ 461,939 $ 673,173 $ 42,317 $ — $ 15,869 $ 2,124 $ 6,191 $ — $ 1,201,613 Hotel revenue — — — 432,892 — — — — 432,892 Other revenue 2,312 39,340 — 8,858 398 81 778 — 51,767 Total revenues 464,251 712,513 42,317 441,750 16,267 2,205 6,969 — 1,686,272 Expenses: Rental property operating 137,401 322,773 — — 5,539 799 3,454 — 469,966 Hotel operating — — — 304,710 — — — — 304,710 Total expenses 137,401 322,773 — 304,710 5,539 799 3,454 — 774,676 Income from real estate debt — — — — — — — 213,062 213,062 Segment net operating income $ 326,850 $ 389,740 $ 42,317 $ 137,040 $ 10,728 $ 1,406 $ 3,515 $ 213,062 $ 1,124,658 Depreciation and amortization $ (291,940 ) $ (427,209 ) $ (14,858 ) $ (72,765 ) $ (8,640 ) $ (1,253 ) $ (7,374 ) $ — $ (824,039 ) Other income (expense): General and administrative (18,170 ) Management fee (108,115 ) Performance participation allocation (141,396 ) Net gain on dispositions of real estate 35,035 Interest income 3,041 Interest expense (487,517 ) Other income (expense) 2,260 Net loss $ (414,243 ) Net loss attributable to non-controlling interests in third party joint ventures $ 5,671 Net loss attributable to non-controlling interests in BREIT OP 6,801 Net loss attributable to BREIT stockholders $ (401,771 ) The following table sets forth the financial results by segment for the year ended December 31, 2018 ($ in thousands): Industrial Multifamily Hotel Retail Real Estate Debt Total Revenues: Rental revenue $ 203,084 $ 345,619 $ — $ 9,961 $ — $ 558,664 Hotel revenue — — 138,433 — — 138,433 Other revenue 578 22,945 2,485 153 — 26,161 Total revenues 203,662 368,564 140,918 10,114 — 723,258 Expenses: Rental property operating 62,824 176,800 — 3,469 — 243,093 Hotel operating — — 97,248 — — 97,248 Total expenses 62,824 176,800 97,248 3,469 — 340,341 Income from real estate debt — — — — 55,323 55,323 Segment net operating income $ 140,838 $ 191,764 $ 43,670 $ 6,645 $ 55,323 $ 438,240 Depreciation and amortization $ (116,206 ) $ (257,201 ) $ (27,944 ) $ (4,944 ) $ — $ (406,295 ) Other income (expense): General and administrative (10,982 ) Management fee (42,659 ) Performance participation allocation (37,484 ) Interest income 410 Interest expense (233,184 ) Other income (expense) 489 Net loss $ (291,465 ) Net loss attributable to non-controlling interests in third party joint ventures $ 6,188 Net loss attributable to non-controlling interests in BREIT OP 4,221 Net loss attributable to BREIT stockholders $ (281,056 ) The following table sets forth the financial results by segment for the year ended December 31, 2017 ($ in thousands): Industrial Multifamily Hotel Retail Real Estate Debt Total Revenues: Rental revenue $ 30,846 $ 86,322 $ — $ 4,213 $ — $ 121,381 Hotel revenue — — 29,916 — — 29,916 Other revenue 12 6,589 — 34 — 6,635 Total revenues 30,858 92,911 29,916 4,247 — 157,932 Expenses: Rental property operating 9,265 40,831 — 1,019 — 51,115 Hotel operating — — 20,417 — — 20,417 Total expenses 9,265 40,831 20,417 1,019 — 71,532 Income from real estate debt — — — — 17,749 17,749 Segment net operating income $ 21,593 $ 52,080 $ 9,499 $ 3,228 $ 17,749 $ 104,149 Depreciation and amortization $ (17,063 ) $ (96,732 ) $ (6,071 ) $ (1,927 ) $ — $ (121,793 ) Other income (expense): General and administrative (7,692 ) Management fee (8,867 ) Performance participation allocation (16,974 ) Interest income 454 Interest expense (36,884 ) Other income (expense) 57 Net loss $ (87,550 ) Net loss attributable to non-controlling interests in third party joint ventures $ 1,292 Net loss attributable to non-controlling interests in BREIT OP — Net loss attributable to BREIT stockholders $ (86,258 ) |
Commitments and Contingencies
Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2019 | |
Commitments And Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | 14. Commitments and Contingencies From time to time, the Company may be involved in various claims and legal actions arising in the ordinary course of business. For the years ended December 31, 2019 and 2018, the Company was not involved in any material legal proceedings. |
Quarterly Financial Information
Quarterly Financial Information (Unaudited) | 12 Months Ended |
Dec. 31, 2019 | |
Quarterly Financial Information Disclosure [Abstract] | |
Quarterly Financial Information (Unaudited) | 15. Quarterly Financial Information (Unaudited) The following tables present the Company’s quarterly results ($ in thousands, except per share data): 2019 March 31 June 30 September 30 December 31 Total revenues $ 297,091 $ 354,308 $ 438,033 $ 596,840 Net loss (50,096 ) (52,784 ) (126,494 ) (184,869 ) Net loss attributable to BREIT stockholders (46,846 ) (50,704 ) (123,171 ) (181,050 ) Net loss per share (0.10 ) (0.08 ) (0.15 ) (0.17 ) 2018 March 31 June 30 September 30 December 31 Total revenues $ 109,684 $ 152,226 $ 200,162 $ 261,186 Net loss (49,638 ) (51,944 ) (58,763 ) (131,120 ) Net loss attributable to BREIT stockholders (47,548 ) (50,482 ) (57,667 ) (125,359 ) Net loss per share (0.23 ) (0.19 ) (0.17 ) (0.30 ) 2017 March 31 June 30 September 30 December 31 Total revenues $ 2,444 $ 28,339 $ 48,904 $ 78,245 Net loss (1,267 ) (16,701 ) (31,847 ) (37,735 ) Net loss attributable to BREIT stockholders (1,267 ) (16,701 ) (31,725 ) (36,565 ) Net loss per share (0.03 ) (0.22 ) (0.28 ) (0.24 ) |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2019 | |
Subsequent Events [Abstract] | |
Subsequent Events | 16. Subsequent Events MGM Grand and Mandalay Bay Real Estate Subsequent to December 31, 2019, we closed a transaction to form a new joint venture with MGM Growth Properties LLC (“MGP”) to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay for $4.6 billion. MGP owns 50.1% of the joint venture, and we own 49.9%. At closing, we entered into a long-term triple net master lease with MGM Resorts International (“MGM”) which benefits from a full corporate guarantee of rent payments by MGM. Acquisitions Subsequent to December 31, 2019, the Company acquired an aggregate of $2.7 billion of real estate (not including the MGM Grand and Mandalay Bay transaction described above) across eight separate transactions, exclusive of closing costs. The acquisitions were related to multifamily, industrial, and retail properties. Subsequent to December 31, 2019, the Company purchased an aggregate of $482.1 million of real estate debt. Proceeds from the Issuance of Common Stock As of March 24, 2020, the Company had sold an aggregate of 1,588,293,255 shares of its common stock (consisting of 643,054,511 Class S shares, 798,498,578 Class I shares, 46,710,253 Class T shares, and 100,029,913 Class D shares) in the Offering and otherwise resulting in net proceeds of $17.5 billion to the Company as payment for such shares. Coronavirus Outbreak Subsequent to December 31, 2019, there was a global outbreak of a new strain of coronavirus, COVID-19 which continues to adversely impact global commercial activity and has contributed to significant volatility in financial markets. The global impact of the outbreak has been rapidly evolving, and as cases of the virus have continued to be identified in additional countries, many countries have reacted by instituting quarantines and restrictions on travel, and limiting hours of operations of non-essential offices and retail centers. Such actions are creating disruption in global supply chains, and adversely impacting a number of industries, such as transportation, hospitality and entertainment. The outbreak could have a continued adverse impact on economic and market conditions and trigger a period of global economic slowdown. The rapid development and fluidity of this situation precludes any prediction as to the ultimate adverse impact of the novel coronavirus. Nevertheless, the novel coronavirus presents material uncertainty and risk with respect to the Company’s performance and financial results, such as the potential negative impact to occupancy at its properties, the potential closure of certain of its hotel assets, financing arrangements, increased costs of operations, decrease in values of its investments in Real Estate Debt, changes in law and/or regulation, and uncertainty regarding government and regulatory policy. The Company is unable to estimate the impact the novel coronavirus will have on its financial results at this time. |
Real Estate and Accumulated Dep
Real Estate and Accumulated Depreciation | 12 Months Ended |
Dec. 31, 2019 | |
Real Estate And Accumulated Depreciation Disclosure [Abstract] | |
Real Estate and Accumulated Depreciation | Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Industrial Properties: Cold Storage Warehouse Stockton, CA (A) $ 14,488 $ 50,262 $ — $ — $ 14,488 $ 50,262 $ 64,750 $ (2,891 ) 2018 Cold Storage Warehouse Union City, CA (A) 6,785 46,830 — 39 6,785 46,869 53,654 (2,151 ) 2018 Cold Storage Warehouse Aberdeen, MD (A) 5,789 38,820 — — 5,789 38,820 44,609 (2,006 ) 2018 Cold Storage Warehouse Atlanta, GA (A) 3,134 30,130 — 1,528 3,134 31,658 34,792 (1,829 ) 2018 Cold Storage Warehouse Austin, TX (A) 3,132 19,010 — 2,532 3,132 21,542 24,674 (894 ) 2018 Cold Storage Warehouse Stockton, CA (A) 2,287 15,817 — — 2,287 15,817 18,104 (891 ) 2018 Powered Shell Warehouse Ashburn, VA 25,563 12,796 24,209 — — 12,796 24,209 37,005 (326 ) 2019 Powered Shell Warehouse Ashburn, VA 25,561 12,555 23,343 — — 12,555 23,343 35,898 (316 ) 2019 Powered Shell Warehouse Ashburn, VA 18,676 12,475 23,205 — — 12,475 23,205 35,680 (314 ) 2019 Powered Shell Warehouse Manassas, VA 25,347 4,807 36,314 — — 4,807 36,314 41,121 (491 ) 2019 Powered Shell Warehouse Manassas, VA 17,378 3,342 25,131 — — 3,342 25,131 28,473 (341 ) 2019 Powered Shell Warehouse Manassas, VA 23,739 4,842 36,535 — — 4,842 36,535 41,377 (494 ) 2019 Powered Shell Warehouse Manassas, VA 17,336 3,184 23,956 — — 3,184 23,956 27,140 (325 ) 2019 Powered Shell Warehouse Sterling, VA 24,270 12,955 23,239 — — 12,955 23,239 36,194 (43 ) 2019 Powered Shell Warehouse Sterling, VA 24,630 12,999 23,318 — — 12,999 23,318 36,317 (43 ) 2019 Warehouse Stockton, CA (B) 10,079 21,240 — 482 10,079 21,722 31,801 (2,538 ) 2017 Warehouse Alpharetta, GA (B) 998 7,705 — 17 998 7,722 8,720 (600 ) 2017 Warehouse Lithia Springs, GA (B) 1,105 8,687 — — 1,105 8,687 9,792 (792 ) 2017 Warehouse Austell, GA (B) 5,344 97,862 — 1,343 5,344 99,205 104,549 (8,439 ) 2017 Warehouse Austell, GA (B) 1,336 5,478 — 171 1,336 5,649 6,985 (596 ) 2017 Warehouse Austell, GA (B) 1,342 5,761 — 174 1,342 5,935 7,277 (649 ) 2017 Warehouse Lombard, IL (B) 483 3,489 — 46 483 3,535 4,018 (299 ) 2017 Warehouse Glendale Heights, IL (B) — — — — — — — — 2017 Warehouse Carol Stream, IL (B) 1,184 4,511 — — 1,184 4,511 5,695 (415 ) 2017 Warehouse Elgin, IL (B) 620 2,733 — 74 620 2,807 3,427 (260 ) 2017 Warehouse Romeoville, IL (B) — — — — — — — — 2017 Warehouse Elgin, IL (B) 1,118 5,172 — 41 1,118 5,213 6,331 (418 ) 2017 Warehouse Libertyville, IL (B) 850 4,340 — 63 850 4,403 5,253 (435 ) 2017 Warehouse Carol Stream, IL (B) 757 6,727 — — 757 6,727 7,484 (543 ) 2017 Warehouse Addison, IL (B) 858 5,683 — 1,995 858 7,678 8,536 (527 ) 2017 Warehouse Carol Stream, IL (B) 837 5,902 — 25 837 5,927 6,764 (506 ) 2017 Warehouse Bensenville, IL (B) 1,001 7,908 — 303 1,001 8,211 9,212 (655 ) 2017 Warehouse Glendale Heights, IL (B) 416 2,837 — — 416 2,837 3,253 (249 ) 2017 Warehouse Roselle, IL (B) 1,166 6,812 — — 1,166 6,812 7,978 (601 ) 2017 Warehouse Hanover Park, IL (B) 1,090 5,342 — — 1,090 5,342 6,432 (498 ) 2017 Warehouse Bolingbrook, IL (B) 1,892 4,023 — 65 1,892 4,088 5,980 (408 ) 2017 Warehouse Bolingbrook, IL (B) 2,313 9,953 — 135 2,313 10,088 12,401 (918 ) 2017 Warehouse Romeoville, IL (B) 860 4,193 — — 860 4,193 5,053 (336 ) 2017 Warehouse Houston, TX (B) 632 2,404 — 40 632 2,444 3,076 (213 ) 2017 Warehouse Houston, TX (B) 707 4,911 — — 707 4,911 5,618 (430 ) 2017 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Mechanicsburg, PA (B) 1,467 21,649 — — 1,467 21,649 23,116 (1,804 ) 2017 Warehouse Middletown, PA (B) 866 12,492 — — 866 12,492 13,358 (1,016 ) 2017 Warehouse Mechanicsburg, PA (B) 399 2,984 — 5 399 2,989 3,388 (310 ) 2017 Warehouse Grand Prairie, TX (B) 1,027 5,762 — — 1,027 5,762 6,789 (587 ) 2017 Warehouse Dallas, TX (B) 863 4,453 — 366 863 4,819 5,682 (435 ) 2017 Warehouse Grand Prairie, TX (B) 1,052 6,266 — 30 1,052 6,296 7,348 (608 ) 2017 Warehouse Orlando, FL (B) 937 5,149 — 20 937 5,169 6,106 (453 ) 2017 Warehouse Orlando, FL (B) 590 4,064 — — 590 4,064 4,654 (320 ) 2017 Warehouse Houston, TX (B) 1,662 11,944 — 196 1,662 12,140 13,802 (1,002 ) 2017 Warehouse Houston, TX (B) 1,645 12,220 — 74 1,645 12,294 13,939 (971 ) 2017 Warehouse Houston, TX (B) 1,294 8,167 — 27 1,294 8,194 9,488 (658 ) 2017 Warehouse Houston, TX (B) 1,149 5,722 — — 1,149 5,722 6,871 (505 ) 2017 Warehouse Houston, TX (B) 1,178 7,461 — 237 1,178 7,698 8,876 (613 ) 2017 Warehouse Allen, TX (B) 807 5,147 — 19 807 5,166 5,973 (506 ) 2017 Warehouse Allen, TX (B) 743 4,645 — 148 743 4,793 5,536 (443 ) 2017 Warehouse Allen, TX (B) 924 5,866 — — 924 5,866 6,790 (551 ) 2017 Warehouse Fairfield, NJ (A) 1,232 2,755 — 3 1,232 2,758 3,990 (239 ) 2017 Warehouse Fairfield, NJ (A) 1,767 4,676 — 62 1,767 4,738 6,505 (352 ) 2017 Warehouse Fairfield, NJ (A) 3,223 4,180 — 6 3,223 4,186 7,409 (396 ) 2017 Warehouse Fairfield, NJ (A) 1,093 4,074 — 23 1,093 4,097 5,190 (306 ) 2017 Warehouse Fairfield, NJ (A) 1,101 1,674 — 59 1,101 1,733 2,834 (142 ) 2017 Warehouse Fairfield, NJ (A) 1,170 1,900 — 5 1,170 1,905 3,075 (164 ) 2017 Warehouse Fairfield, NJ (A) 4,219 5,936 — 33 4,219 5,969 10,188 (438 ) 2017 Warehouse Fairfield, NJ (A) 4,725 6,013 — 7 4,725 6,020 10,745 (456 ) 2017 Warehouse Fairfield, NJ (A) 2,131 2,408 — 6 2,131 2,414 4,545 (207 ) 2017 Warehouse Fairfield, NJ (A) 4,194 8,677 — 7 4,194 8,684 12,878 (655 ) 2017 Warehouse Fairfield, NJ (A) 843 1,375 — 8 843 1,383 2,226 (128 ) 2017 Warehouse Marietta, GA (C) 1,604 5,329 — 146 1,604 5,475 7,079 (232 ) 2018 Warehouse Orlando, FL (C) 3,052 15,804 — 119 3,052 15,923 18,975 (552 ) 2018 Warehouse Jacksonville, FL (C) 2,658 13,081 — — 2,658 13,081 15,739 (476 ) 2018 Warehouse Olive Branch, MS (C) 2,111 8,074 — — 2,111 8,074 10,185 (312 ) 2018 Warehouse Charlotte, NC (C) 404 1,747 — 517 404 2,264 2,668 (74 ) 2018 Warehouse Jacksonville, FL (C) 1,676 4,982 — — 1,676 4,982 6,658 (204 ) 2018 Warehouse Jacksonville, FL (C) 2,735 9,996 — 1,348 2,735 11,344 14,079 (387 ) 2018 Warehouse Marietta, GA (C) 1,348 4,339 — — 1,348 4,339 5,687 (176 ) 2018 Warehouse Roswell, GA (A) 1,422 7,407 — — 1,422 7,407 8,829 (348 ) 2018 Warehouse Marietta, GA (C) 968 4,017 — — 968 4,017 4,985 (148 ) 2018 Warehouse Miami, FL (C) 930 200 — 403 930 603 1,533 (15 ) 2018 Warehouse Miami, FL (C) 1,703 4,155 — 7 1,703 4,162 5,865 (136 ) 2018 Warehouse Miami, FL (C) 5,879 18,428 — 3,949 5,879 22,377 28,256 (705 ) 2018 Warehouse Orlando, FL (C) 4,120 19,411 — — 4,120 19,411 23,531 (690 ) 2018 Warehouse Orlando, FL (C) 1,628 7,773 — — 1,628 7,773 9,401 (261 ) 2018 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse La Vergne, TN (C) 2,857 11,214 — 144 2,857 11,358 14,215 (447 ) 2018 Warehouse Miami, FL (C) 2,398 5,742 — 64 2,398 5,806 8,204 (192 ) 2018 Warehouse Miami, FL (C) 2,461 6,351 — 21 2,461 6,372 8,833 (209 ) 2018 Warehouse Miami, FL (C) 3,011 6,953 — 57 3,011 7,010 10,021 (234 ) 2018 Warehouse Miami, FL (C) 1,628 3,619 — 5 1,628 3,624 5,252 (123 ) 2018 Warehouse Miami, FL (C) 2,260 4,504 — 407 2,260 4,911 7,171 (156 ) 2018 Warehouse Orlando, FL (C) 1,819 6,452 — 721 1,819 7,173 8,992 (267 ) 2018 Warehouse La Vergne, TN (C) 5,425 19,245 — — 5,425 19,245 24,670 (955 ) 2018 Warehouse Memphis, TN (A) 1,100 3,028 — — 1,100 3,028 4,128 (140 ) 2018 Warehouse Memphis, TN (A) 626 2,620 — — 626 2,620 3,246 (97 ) 2018 Warehouse Memphis, TN (A) 1,182 5,431 — — 1,182 5,431 6,613 (207 ) 2018 Warehouse Memphis, TN (A) 339 696 — — 339 696 1,035 (33 ) 2018 Warehouse Tampa, FL (C) 2,110 8,670 — 20 2,110 8,690 10,800 (331 ) 2018 Warehouse Jacksonville, FL (C) 868 10,261 — — 868 10,261 11,129 (334 ) 2018 Warehouse Winston-Salem, NC (A) 954 4,952 — — 954 4,952 5,906 (195 ) 2018 Warehouse Orlando, FL (C) 4,894 18,533 — — 4,894 18,533 23,427 (666 ) 2018 Warehouse Newport News, VA (C) 1,085 6,140 — — 1,085 6,140 7,225 (223 ) 2018 Warehouse Port Wentworth, GA (C) 380 16,575 — 451 380 17,026 17,406 (520 ) 2018 Warehouse Hampton, VA (C) 2,064 12,393 — — 2,064 12,393 14,457 (462 ) 2018 Warehouse Port Wentworth, GA 26,594 6,739 23,769 — 5,681 6,739 29,450 36,189 (910 ) 2018 Warehouse Memphis, TN (C) 2,533 5,951 — — 2,533 5,951 8,484 (314 ) 2018 Warehouse Memphis, TN (C) 299 749 — — 299 749 1,048 (36 ) 2018 Warehouse Memphis, TN (C) 1,445 3,940 — — 1,445 3,940 5,385 (193 ) 2018 Warehouse Memphis, TN (C) 371 799 — — 371 799 1,170 (40 ) 2018 Warehouse Memphis, TN (C) 1,793 2,170 — — 1,793 2,170 3,963 (140 ) 2018 Warehouse Orlando, FL (C) 4,241 13,551 — 163 4,241 13,714 17,955 (522 ) 2018 Warehouse Winston-Salem, NC (A) 510 3,338 — — 510 3,338 3,848 (121 ) 2018 Warehouse Winston-Salem, NC (A) 441 1,361 — 10 441 1,371 1,812 (68 ) 2018 Warehouse Winston-Salem, NC (A) 857 6,272 — — 857 6,272 7,129 (230 ) 2018 Warehouse Atlanta, GA (A) 1,284 6,592 — — 1,284 6,592 7,876 (257 ) 2018 Warehouse Atlanta, GA (A) 1,096 9,351 — 18 1,096 9,369 10,465 (324 ) 2018 Warehouse Charlotte, NC (C) 689 3,167 — — 689 3,167 3,856 (125 ) 2018 Warehouse Wesley Chapel, FL (A) 1,566 2,284 — 123 1,566 2,407 3,973 (130 ) 2018 Warehouse Wesley Chapel, FL (A) 277 3,914 — — 277 3,914 4,191 (136 ) 2018 Warehouse Wesley Chapel, FL (A) 228 9,235 — — 228 9,235 9,463 (288 ) 2018 Warehouse Davenport, FL (C) 3,560 14,868 — 129 3,560 14,997 18,557 (511 ) 2018 Warehouse Davenport, FL (C) 4,763 22,356 — — 4,763 22,356 27,119 (793 ) 2018 Warehouse Davenport, FL (C) 1,454 8,874 — 792 1,454 9,666 11,120 (407 ) 2018 Warehouse Orlando, FL (C) 1,549 5,482 — 9 1,549 5,491 7,040 (187 ) 2018 Warehouse Wesley Chapel, FL (A) 1,283 5,023 — — 1,283 5,023 6,306 (191 ) 2018 Warehouse Wesley Chapel, FL (A) 1,757 8,021 — — 1,757 8,021 9,778 (313 ) 2018 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Orlando, FL (C) 1,444 4,115 — 41 1,444 4,156 5,600 (145 ) 2018 Warehouse Orlando, FL (C) 1,549 2,334 — — 1,549 2,334 3,883 (93 ) 2018 Warehouse Richmond, VA (A) 888 6,888 — 352 888 7,240 8,128 (255 ) 2018 Warehouse Richmond, VA (A) 3,413 21,839 — — 3,413 21,839 25,252 (804 ) 2018 Warehouse Memphis, TN (C) 1,777 4,785 — — 1,777 4,785 6,562 (219 ) 2018 Warehouse Memphis, TN (C) 1,360 4,721 — — 1,360 4,721 6,081 (195 ) 2018 Warehouse Memphis, TN (C) 1,289 5,579 — — 1,289 5,579 6,868 (237 ) 2018 Warehouse Memphis, TN (C) 1,323 4,540 — — 1,323 4,540 5,863 (195 ) 2018 Warehouse Memphis, TN (C) 1,649 5,985 — — 1,649 5,985 7,634 (249 ) 2018 Warehouse Piedmont, SC (C) 1,165 4,802 — 9 1,165 4,811 5,976 (196 ) 2018 Warehouse Rural Hall, NC (C) 1,226 8,023 — 1,184 1,226 9,207 10,433 (339 ) 2018 Warehouse Raleigh, NC (C) 915 5,603 — 21 915 5,624 6,539 (203 ) 2018 Warehouse Raleigh, NC (C) 749 6,459 — — 749 6,459 7,208 (234 ) 2018 Warehouse Charlotte, NC (C) 437 1,577 — 64 437 1,641 2,078 (78 ) 2018 Warehouse Rural Hall, NC (C) 1,432 8,694 — — 1,432 8,694 10,126 (339 ) 2018 Warehouse Sandston, VA (C) 1,799 9,087 — 125 1,799 9,212 11,011 (357 ) 2018 Warehouse Charlotte, NC (C) 302 3,195 — — 302 3,195 3,497 (106 ) 2018 Warehouse Memphis, TN (C) 2,312 5,978 — 52 2,312 6,030 8,342 (279 ) 2018 Warehouse Richmond, VA (A) 515 5,380 — 19 515 5,399 5,914 (253 ) 2018 Warehouse Rural Hall, NC (C) 1,971 9,903 — — 1,971 9,903 11,874 (401 ) 2018 Warehouse Memphis, TN (C) 2,207 6,846 — 51 2,207 6,897 9,104 (306 ) 2018 Warehouse Sandston, VA (C) 897 3,903 — — 897 3,903 4,800 (153 ) 2018 Warehouse Norcross, GA (C) 973 5,466 — — 973 5,466 6,439 (205 ) 2018 Warehouse Rural Hall, NC (C) 416 2,489 — — 416 2,489 2,905 (103 ) 2018 Warehouse Jacksonville, FL (C) 1,163 5,239 — — 1,163 5,239 6,402 (195 ) 2018 Warehouse Norcross, GA (C) 748 4,333 — — 748 4,333 5,081 (166 ) 2018 Warehouse Norcross, GA (C) 674 2,730 — — 674 2,730 3,404 (115 ) 2018 Warehouse Norcross, GA (C) 840 4,012 — — 840 4,012 4,852 (156 ) 2018 Warehouse Charlotte, NC (C) 389 2,574 — 15 389 2,589 2,978 (95 ) 2018 Warehouse Louisville, KY (A) 3,607 10,097 — 1,334 3,607 11,431 15,038 (450 ) 2018 Warehouse Norcross, GA (A) 1,074 4,347 — — 1,074 4,347 5,421 (199 ) 2018 Warehouse Norcross, GA (A) 368 2,026 — 2 368 2,028 2,396 (79 ) 2018 Warehouse Norcross, GA (A) 336 1,763 — — 336 1,763 2,099 (74 ) 2018 Warehouse Memphis, TN — 2,757 5,480 — — 2,757 5,480 8,237 (281 ) 2018 Warehouse Norcross, GA (A) 733 4,521 — 25 733 4,546 5,279 (164 ) 2018 Warehouse Norcross, GA (A) 562 2,308 — — 562 2,308 2,870 (97 ) 2018 Warehouse Norcross, GA (A) 397 2,235 — — 397 2,235 2,632 (99 ) 2018 Warehouse Norcross, GA (A) 429 2,046 — 4 429 2,050 2,479 (89 ) 2018 Warehouse Norcross, GA (A) 563 875 — 83 563 958 1,521 (56 ) 2018 Warehouse Memphis, TN (A) 2,060 6,344 — 507 2,060 6,851 8,911 (343 ) 2018 Warehouse Memphis, TN (A) 1,839 8,067 — — 1,839 8,067 9,906 (399 ) 2018 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Memphis, TN (A) 2,110 5,437 — — 2,110 5,437 7,547 (305 ) 2018 Warehouse Memphis, TN (A) 1,168 7,233 — 53 1,168 7,286 8,454 (277 ) 2018 Warehouse Charlotte, NC (C) 601 3,495 — — 601 3,495 4,096 (130 ) 2018 Warehouse Richmond, VA (C) 1,464 11,053 — — 1,464 11,053 12,517 (403 ) 2018 Warehouse Kissimmee, FL (C) 212 9,857 — — 212 9,857 10,069 (330 ) 2018 Warehouse Jacksonville, FL (C) 2,505 15,947 — — 2,505 15,947 18,452 (578 ) 2018 Warehouse Orlando, FL (C) 3,684 18,694 — — 3,684 18,694 22,378 (705 ) 2018 Warehouse Jacksonville, FL (C) 610 4,613 — — 610 4,613 5,223 (163 ) 2018 Warehouse Miami, FL (C) 954 2,593 — 10 954 2,603 3,557 (86 ) 2018 Warehouse Tucker, GA (D) 879 3,391 — — 879 3,391 4,270 (131 ) 2018 Warehouse Conyers, GA (D) 634 4,435 — — 634 4,435 5,069 (158 ) 2018 Warehouse Tucker, GA (D) 505 3,056 — 5 505 3,061 3,566 (111 ) 2018 Warehouse Atlanta, GA (D) 418 4,462 — — 418 4,462 4,880 (154 ) 2018 Warehouse Atlanta, GA (D) 634 6,064 — — 634 6,064 6,698 (204 ) 2018 Warehouse Tucker, GA (D) 1,199 3,713 — 230 1,199 3,943 5,142 (158 ) 2018 Warehouse Tucker, GA (D) 762 3,039 — — 762 3,039 3,801 (101 ) 2018 Warehouse Tucker, GA (D) 1,167 4,070 — — 1,167 4,070 5,237 (153 ) 2018 Warehouse Stockton, CA (D) 11,025 73,084 — — 11,025 73,084 84,109 (2,653 ) 2017 Warehouse Mechanicsburg, PA (D) 1,184 10,393 — 858 1,184 11,251 12,435 (358 ) 2019 Warehouse Roseville State, MN (D) 1,174 5,598 — — 1,174 5,598 6,772 (136 ) 2019 Warehouse New Brighton, MN (D) 1,828 5,281 — 77 1,828 5,358 7,186 (158 ) 2019 Warehouse St. Paul, MN (D) 2,780 4,330 — — 2,780 4,330 7,110 (120 ) 2019 Warehouse New Brighton, MN (D) 2,088 6,555 — — 2,088 6,555 8,643 (194 ) 2019 Warehouse New Brighton, MN (D) 1,231 4,252 — — 1,231 4,252 5,483 (106 ) 2019 Warehouse New Brighton, MN (D) 1,385 5,934 — — 1,385 5,934 7,319 (346 ) 2019 Warehouse New Brighton, MN (D) 2,062 6,553 — 18 2,062 6,571 8,633 (160 ) 2019 Warehouse New Brighton, MN (D) 431 1,927 — — 431 1,927 2,358 (58 ) 2019 Warehouse New Brighton, MN (D) 362 4,054 — — 362 4,054 4,416 (105 ) 2019 Warehouse New Brighton, MN (D) 1,611 3,909 — 130 1,611 4,039 5,650 (117 ) 2019 Warehouse New Brighton, MN (D) 1,111 2,811 — — 1,111 2,811 3,922 (77 ) 2019 Warehouse New Brighton, MN (D) 790 2,478 — — 790 2,478 3,268 (67 ) 2019 Warehouse New Brighton, MN (D) 664 2,690 — — 664 2,690 3,354 (64 ) 2019 Warehouse New Brighton, MN (D) 537 1,508 — — 537 1,508 2,045 (36 ) 2019 Warehouse Golden Valley, MN (D) 1,466 10,577 — 40 1,466 10,617 12,083 (275 ) 2019 Warehouse Golden Valley, MN (D) 2,176 1,789 — — 2,176 1,789 3,965 (76 ) 2019 Warehouse Brooklyn Park, MN (D) 2,616 10,434 — 39 2,616 10,473 13,089 (302 ) 2019 Warehouse Minneapolis, MN (D) 2,721 9,283 — 36 2,721 9,319 12,040 (215 ) 2019 Warehouse Brooklyn Park, MN (D) 1,505 3,969 — — 1,505 3,969 5,474 (111 ) 2019 Warehouse Crystal, MN (D) 1,859 6,354 — — 1,859 6,354 8,213 (179 ) 2019 Warehouse Brooklyn Center, MN (D) 1,679 4,694 — — 1,679 4,694 6,373 (125 ) 2019 Warehouse Minneapolis, MN (D) 4,010 10,777 — 54 4,010 10,831 14,841 (272 ) 2019 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Blaine, MN (D) 4,514 3,456 — — 4,514 3,456 7,970 (110 ) 2019 Warehouse Blaine, MN (D) 2,378 2,723 — — 2,378 2,723 5,101 (77 ) 2019 Warehouse Fridley, MN (D) 2,043 5,005 — — 2,043 5,005 7,048 (146 ) 2019 Warehouse Burnsville, MN (D) 1,729 3,780 — — 1,729 3,780 5,509 (107 ) 2019 Warehouse Burnsville, MN (D) 1,935 6,614 — — 1,935 6,614 8,549 (176 ) 2019 Warehouse Eagan, MN (D) 1,942 7,544 — 36 1,942 7,580 9,522 (168 ) 2019 Warehouse Burnsville, MN (D) 1,094 3,017 — — 1,094 3,017 4,111 (80 ) 2019 Warehouse Burnsville, MN (D) 1,196 2,762 — — 1,196 2,762 3,958 (83 ) 2019 Warehouse Eagan, MN (D) 1,302 4,099 — — 1,302 4,099 5,401 (117 ) 2019 Warehouse Eagan, MN (D) 2,296 7,344 — 19 2,296 7,363 9,659 (197 ) 2019 Warehouse Eagan, MN (D) 2,121 4,488 — 6 2,121 4,494 6,615 (122 ) 2019 Warehouse Eagan, MN (D) 1,558 5,259 — — 1,558 5,259 6,817 (139 ) 2019 Warehouse Groveport, OH (E) 4,606 43,877 — 203 4,606 44,080 48,686 (2,773 ) 2018 Warehouse Plainfield, IN (E) 4,956 30,461 — 203 4,956 30,664 35,620 (1,708 ) 2018 Warehouse Addison, IL (E) 6,603 32,142 — 615 6,603 32,757 39,360 (1,979 ) 2018 Warehouse Crest Hill, IL (E) 5,957 32,388 — 2,394 5,957 34,782 40,739 (2,069 ) 2018 Warehouse Landover, MD (E) 9,479 24,030 — 1,227 9,479 25,257 34,736 (1,474 ) 2018 Warehouse Northlake, TX (E) 3,898 34,109 — 203 3,898 34,312 38,210 (1,935 ) 2018 Warehouse Glen Rock, PA (E) 6,792 28,003 — — 6,792 28,003 34,795 (1,917 ) 2018 Warehouse Niles, IL (E) 11,223 16,678 — — 11,223 16,678 27,901 (988 ) 2018 Warehouse Davenport, FL (E) 3,126 22,481 — 78 3,126 22,559 25,685 (1,446 ) 2018 Warehouse Clayton, FL (E) — — — — — — — — 2018 Warehouse Englewood, CO (E) 7,097 17,420 — — 7,097 17,420 24,517 (1,195 ) 2018 Warehouse Englewood, CO (E) 6,948 17,281 — 1 6,948 17,282 24,230 (1,182 ) 2018 Warehouse Greenwood, IN (E) 2,174 21,869 — 42 2,174 21,911 24,085 (1,385 ) 2018 Warehouse Hodgkins, IL (E) 7,040 21,744 — — 7,040 21,744 28,784 (1,152 ) 2018 Warehouse Lithia Springs, GA (E) 5,594 18,685 — 27 5,594 18,712 24,306 (1,142 ) 2018 Warehouse Englewood, CO (E) 6,282 15,371 — 95 6,282 15,466 21,748 (1,012 ) 2018 Warehouse Ontario, CA (E) 5,766 16,688 — 112 5,766 16,800 22,566 (955 ) 2018 Warehouse Puyallup, WA (E) 3,611 18,207 — — 3,611 18,207 21,818 (987 ) 2018 Warehouse Carson, CA (E) 15,959 7,447 — — 15,959 7,447 23,406 (475 ) 2018 Warehouse Naperville, IL (E) 4,125 17,768 — — 4,125 17,768 21,893 (1,144 ) 2018 Warehouse Coppell, TX (E) 1,841 14,694 — 1,829 1,841 16,523 18,364 (1,571 ) 2018 Warehouse Austell, GA (E) 2,598 17,964 — 505 2,598 18,469 21,067 (1,029 ) 2018 Warehouse Winchester, VA (E) 3,347 17,763 — 140 3,347 17,903 21,250 (992 ) 2018 Warehouse Hatfield, PA (E) 2,431 16,102 — 150 2,431 16,252 18,683 (895 ) 2018 Warehouse Lebanon, IN (E) 2,273 18,491 — 1,198 2,273 19,689 21,962 (1,109 ) 2018 Warehouse Rancho Cucamonga, CA (E) 4,962 13,018 — 54 4,962 13,072 18,034 (756 ) 2018 Warehouse San Bernardino, CA (E) 7,363 10,063 — — 7,363 10,063 17,426 (577 ) 2018 Warehouse Mahwah, NJ (E) 3,672 11,139 — — 3,672 11,139 14,811 (667 ) 2018 Warehouse Irving, TX (E) 3,858 14,623 — 23 3,858 14,646 18,504 (858 ) 2018 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Somerset, NJ (E) 11,100 5,044 — — 11,100 5,044 16,144 (641 ) 2018 Warehouse Tampa, FL (E) 2,558 18,601 — — 2,558 18,601 21,159 (1,022 ) 2018 Warehouse Houston, TX (E) 1,918 14,391 — 414 1,918 14,805 16,723 (900 ) 2018 Warehouse Logan Township, NJ (E) 3,713 13,206 — — 3,713 13,206 16,919 (937 ) 2018 Warehouse Groveport, OH (E) 2,455 14,574 — 1,326 2,455 15,900 18,355 (946 ) 2018 Warehouse Sunrise, FL (E) 6,916 10,491 — 946 6,916 11,437 18,353 (681 ) 2018 Warehouse Mahwah, NJ (E) 3,647 11,882 — — 3,647 11,882 15,529 (682 ) 2018 Warehouse Winchester, VA (E) 1,830 15,296 — — 1,830 15,296 17,126 (944 ) 2018 Warehouse Fairburn, GA (E) 1,034 15,747 — — 1,034 15,747 16,781 (1,061 ) 2018 Warehouse West Chicago, IL (E) 3,055 12,863 — 303 3,055 13,166 16,221 (800 ) 2018 Warehouse Rialto, CA (E) 4,538 10,073 — — 4,538 10,073 14,611 (591 ) 2018 Warehouse Grand Prairie, TX (E) 2,915 13,886 — 1,496 2,915 15,382 18,297 (734 ) 2018 Warehouse Mahwah, NJ (E) 4,226 9,939 — — 4,226 9,939 14,165 (737 ) 2018 Warehouse Tampa, FL (E) 3,171 11,017 — — 3,171 11,017 14,188 (624 ) 2018 Warehouse Grand Prairie, TX (E) 2,868 12,244 — — 2,868 12,244 15,112 (713 ) 2018 Warehouse Irving, TX (E) 2,663 7,457 — 13 2,663 7,470 10,133 (465 ) 2018 Warehouse Fort Worth, TX (E) 1,744 11,298 — — 1,744 11,298 13,042 (673 ) 2018 Warehouse West Chicago, IL (E) 3,091 6,985 — 558 3,091 7,543 10,634 (635 ) 2018 Warehouse Alsip, IL (E) 3,375 10,713 — 774 3,375 11,487 14,862 (664 ) 2018 Warehouse Plano, TX (E) 1,640 10,542 — — 1,640 10,542 12,182 (623 ) 2018 Warehouse Mahwah, NJ (E) 4,357 8,369 — — 4,357 8,369 12,726 (634 ) 2018 Warehouse Elkridge, MD (E) 2,165 9,448 — 263 2,165 9,711 11,876 (539 ) 2018 Warehouse Naperville, IL (E) 2,959 8,247 — 374 2,959 8,621 11,580 (703 ) 2018 Warehouse Chicago, IL (E) 1,292 9,416 — — 1,292 9,416 10,708 (533 ) 2018 Warehouse Simi Valley, CA (E) 3,450 7,390 — 487 3,450 7,877 11,327 (489 ) 2018 Warehouse West Chicago, IL (E) 2,631 6,142 — — 2,631 6,142 8,773 (457 ) 2018 Warehouse Dallas, TX (E) 2,874 8,296 — — 2,874 8,296 11,170 (587 ) 2018 Warehouse Arlington Heights, IL (E) 1,957 8,373 — 100 1,957 8,473 10,430 (455 ) 2018 Warehouse Tacoma, WA (E) 2,380 10,368 — — 2,380 10,368 12,748 (611 ) 2018 Warehouse Elkridge, MD (E) 1,873 9,918 — 246 1,873 10,164 12,037 (749 ) 2018 Warehouse Oakland, NJ (E) 1,725 8,336 — — 1,725 8,336 10,061 (491 ) 2018 Warehouse Aurora, CO (E) 2,185 8,706 — 14 2,185 8,720 10,905 (582 ) 2018 Warehouse Devens, MA (E) 2,520 8,604 — — 2,520 8,604 11,124 (654 ) 2018 Warehouse St. Charles, IL (E) 2,255 7,559 — — 2,255 7,559 9,814 (581 ) 2018 Warehouse Exton, PA (E) 2,946 7,647 — — 2,946 7,647 10,593 (549 ) 2018 Warehouse Carrollton, TX (E) 1,382 9,429 — — 1,382 9,429 10,811 (569 ) 2018 Warehouse Denver, CO (E) 2,212 9,525 — 69 2,212 9,594 11,806 (572 ) 2018 Warehouse Phoenix, AZ (E) 3,406 7,520 — 68 3,406 7,588 10,994 (540 ) 2018 Warehouse Landover, MD (E) 2,848 6,215 — 106 2,848 6,321 9,169 (449 ) 2018 Warehouse San Bernardino, CA (E) 5,325 6,349 — — 5,325 6,349 11,674 (448 ) 2018 Warehouse Franklin Park, IL (E) 3,254 7,017 — 103 3,254 7,120 10,374 (400 ) 2018 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Landover, MD (E) 2,790 6,526 — 81 2,790 6,607 9,397 (448 ) 2018 Warehouse Houston, TX (E) 1,207 8,299 — 812 1,207 9,111 10,318 (560 ) 2018 Warehouse Charlotte, NC (E) 1,465 9,055 — 331 1,465 9,386 10,851 (545 ) 2018 Warehouse Houston, TX (E) 1,481 8,418 — 2,308 1,481 10,726 12,207 (546 ) 2018 Warehouse Farmers Branch, TX (E) 1,328 8,774 — — 1,328 8,774 10,102 (543 ) 2018 Warehouse Batavia, IL (E) 1,407 8,221 — 60 1,407 8,281 9,688 (610 ) 2018 Warehouse Houston, TX (E) 1,179 7,848 — 785 1,179 8,633 9,812 (468 ) 2018 Warehouse Houston, TX (E) 1,204 8,334 — 751 1,204 9,085 10,289 (540 ) 2018 Warehouse Farmers Branch, TX (E) 1,174 7,951 — — 1,174 7,951 9,125 (539 ) 2018 Warehouse Erlanger, KY (E) 1,431 7,595 — 145 1,431 7,740 9,171 (506 ) 2018 Warehouse Grand Prairie, TX (E) 1,582 8,328 — 174 1,582 8,502 10,084 (524 ) 2018 Warehouse Upper Chichester, PA (E) 1,746 6,924 — 25 1,746 6,949 8,695 (427 ) 2018 Warehouse Baltimore, MD (E) 1,001 6,016 — 4 1,001 6,020 7,021 (411 ) 2018 Warehouse Federal Way, WA (E) 2,687 6,465 — 401 2,687 6,866 9,553 (440 ) 2018 Warehouse Carrollton, TX (E) 1,336 7,407 — — 1,336 7,407 8,743 (434 ) 2018 Warehouse San Diego, CA (E) 3,284 6,130 — — 3,284 6,130 9,414 (343 ) 2018 Warehouse Mahwah, NJ (E) 2,812 5,786 — — 2,812 5,786 8,598 (420 ) 2018 Warehouse Houston, TX (E) 1,163 6,738 — — 1,163 6,738 7,901 (432 ) 2018 Warehouse Erlanger, KY (E) 925 5,934 — 158 925 6,092 7,017 (407 ) 2018 Warehouse Baltimore, MD (E) 1,259 6,430 — — 1,259 6,430 7,689 (423 ) 2018 Warehouse Auburn, WA (E) 1,991 6,873 — — 1,991 6,873 8,864 (391 ) 2018 Warehouse Largo, FL (E) 2,052 5,554 — — 2,052 5,554 7,606 (398 ) 2018 Warehouse Mechanicsburg, PA (E) 1,257 5,981 — — 1,257 5,981 7,238 (390 ) 2018 Warehouse Annapolis Junction, MD (E) 1,227 5,022 — 1,141 1,227 6,163 7,390 (523 ) 2018 Warehouse San Bernardino, CA (E) 2,023 5,767 — — 2,023 5,767 7,790 (355 ) 2018 Warehouse Frederick, MD (E) 1,008 5,549 — — 1,008 5,549 6,557 (310 ) 2018 Warehouse Elk Grove Village, IL (E) 3,150 3,193 — 10 3,150 3,203 6,353 (223 ) 2018 Warehouse Sanford, FL (E) 1,137 5,628 — — 1,137 5,628 6,765 (349 ) 2018 Warehouse Erlanger, KY (E) 855 5,671 — 80 855 5,751 6,606 (354 ) 2018 Warehouse Carrollton, TX (E) 956 5,467 — — 956 5,467 6,423 (389 ) 2018 Warehouse Aurora, CO (E) 1,116 5,455 — — 1,116 5,455 6,571 (357 ) 2018 Warehouse Coppell, TX (E) 799 4,848 — 1,800 799 6,648 7,447 (498 ) 2018 Warehouse Lakewood, WA (E) 618 6,264 — — 618 6,264 6,882 (362 ) 2018 Warehouse Wood Dale, IL (E) 2,460 3,404 — — 2,460 3,404 5,864 (214 ) 2018 Warehouse Addison, TX (E) 928 5,880 — — 928 5,880 6,808 (413 ) 2018 Warehouse Gurnee, IL (E) 954 4,418 — 449 954 4,867 5,821 (301 ) 2018 Warehouse Aurora, CO (E) 1,135 4,788 — — 1,135 4,788 5,923 (302 ) 2018 Warehouse Sanford, FL (E) 893 5,053 — — 893 5,053 5,946 (325 ) 2018 Warehouse Baltimore, MD (E) 905 4,454 — 334 905 4,788 5,693 (339 ) 2018 Warehouse Dallas, TX (E) 1,432 4,942 — — 1,432 4,942 6,374 (376 ) 2018 Warehouse Wood Dale, IL (E) 2,312 3,814 — — 2,312 3,814 6,126 (242 ) 2018 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Baltimore, MD (E) 957 4,398 — 48 957 4,446 5,403 (360 ) 2018 Warehouse Simi Valley, CA (E) 1,558 4,273 — — 1,558 4,273 5,831 (259 ) 2018 Warehouse Baltimore, MD (E) 913 3,281 — — 913 3,281 4,194 (240 ) 2018 Warehouse Erlanger, KY (E) 798 4,821 — 23 798 4,844 5,642 (295 ) 2018 Warehouse San Bernardino, CA (E) 1,686 3,826 — 90 1,686 3,916 5,602 (248 ) 2018 Warehouse Erlanger, KY (E) 628 5,117 — 143 628 5,260 5,888 (330 ) 2018 Warehouse Houston, TX (E) 1,022 3,917 — 34 1,022 3,951 4,973 (262 ) 2018 Warehouse Grand Prairie, TX (E) 1,606 3,708 — 118 1,606 3,826 5,432 (276 ) 2018 Warehouse Fort Lauderdale, FL (E) 1,347 3,889 — 98 1,347 3,987 5,334 (230 ) 2018 Warehouse Garland, TX (E) 907 4,097 — — 907 4,097 5,004 (267 ) 2018 Warehouse Houston, TX (E) 1,045 3,795 — — 1,045 3,795 4,840 (228 ) 2018 Warehouse Rosedale, MD (E) 1,214 3,140 — 12 1,214 3,152 4,366 (206 ) 2018 Warehouse Itasca, IL (E) 981 3,751 — — 981 3,751 4,732 (226 ) 2018 Warehouse Clearwater, FL (E) 1,357 3,355 — — 1,357 3,355 4,712 (209 ) 2018 Warehouse Tampa, FL (E) 787 3,584 — — 787 3,584 4,371 (252 ) 2018 Warehouse San Diego, CA (E) 1,749 3,260 — 325 1,749 3,585 5,334 (212 ) 2018 Warehouse Elk Grove Village, IL (E) 1,696 2,831 — — 1,696 2,831 4,527 (190 ) 2018 Warehouse Wood Dale, IL (E) 1,796 2,784 — 125 1,796 2,909 4,705 (202 ) 2018 Warehouse Fort Worth, TX (E) 691 4,545 — — 691 4,545 5,236 (333 ) 2018 Warehouse Suwanee, GA (E) 305 4,057 — 255 305 4,312 4,617 (262 ) 2018 Warehouse Baltimore, MD (E) 705 2,828 — 80 705 2,908 3,613 (197 ) 2018 Warehouse West Chicago, IL (E) 1,308 2,906 — — 1,308 2,906 4,214 (241 ) 2018 Warehouse San Bernardino, CA (E) 1,513 2,665 — 179 1,513 2,844 4,357 (186 ) 2018 Warehouse West Chester, PA (E) 769 2,626 — — 769 2,626 3,395 (163 ) 2018 Warehouse Suwanee, GA (E) 271 3,484 — — 271 3,484 3,755 (206 ) 2018 Warehouse Frederick, MD (E) 593 3,222 — 32 593 3,254 3,847 (213 ) 2018 Warehouse Frederick, MD (E) 425 2,522 — 584 425 3,106 3,531 (232 ) 2018 Warehouse Frederick, MD (E) 441 2,526 — 85 441 2,611 3,052 (160 ) 2018 Warehouse Dallas, TX (E) 903 2,774 — — 903 2,774 3,677 (179 ) 2018 Warehouse Dallas, TX (E) 757 2,352 — — 757 2,352 3,109 (153 ) 2018 Warehouse Simi Valley, CA (E) 813 2,740 — 14 813 2,754 3,567 (164 ) 2018 Warehouse Erlanger, KY (E) 278 2,001 — 47 278 2,048 2,326 (126 ) 2018 Warehouse West Chicago, IL (E) 719 2,247 — — 719 2,247 2,966 (150 ) 2018 Warehouse Dallas, TX (E) 800 2,484 — 24 800 2,508 3,308 (161 ) 2018 Warehouse Erlanger, KY (E) 323 2,586 — 22 323 2,608 2,931 (166 ) 2018 Warehouse Jacksonville, FL (B) 3,056 20,161 — 44 3,056 20,205 23,261 (1,201 ) 2017 Warehouse Jonesboro, GA (B) 2,804 14,537 — — 2,804 14,537 17,341 (1,111 ) 2017 Warehouse La Vergne, TN (B) 3,574 16,037 — 210 3,574 16,247 19,821 (1,264 ) 2017 Warehouse Jacksonville, FL (B) 2,261 15,933 — — 2,261 15,933 18,194 (1,058 ) 2017 Warehouse Jacksonville, FL (B) 3,291 22,985 — 29 3,291 23,014 26,305 (1,559 ) 2017 Warehouse Aurora, IL (B) 17,424 43,812 — — 17,424 43,812 61,236 (3,071 ) 2018 Warehouse Aurora, IL (B) 8,455 34,026 — — 8,455 34,026 42,481 (2,169 ) 2018 Warehouse Aurora, IL (B) 10,116 23,150 — — 10,116 23,150 33,266 (1,793 ) 2018 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amounts at which Carried at the Close of Period Description Location Encumbrances Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Land and Land Improvements Building and Building Improvements Total Accumulated Depreciation (1) Year Acquired Warehouse Hebron, KY (F) 1,551 10,318 — — 1,551 10,318 11,869 (112 ) 2019 Warehouse Hebron, KY (F) 1,106 4,903 — — 1,106 4,903 6,009 (62 ) 2019 Warehouse Hebron, KY (F) 2,056 7,744 — — 2,056 7,744 9,800 (159 ) 2019 Warehouse Hebron, KY (F) 1,181 9,455 — — 1,181 9,455 10,636 (137 ) 2019 Warehouse Cincinnati, OH (F) 2,937 27,172 — — 2,937 27,172 30,109 (292 ) 2019 Warehouse Cincinnati, OH (F) 1,114 8,004 — — 1,114 8,004 9,118 (89 ) 2019 Warehouse West Chester, OH (F) 947 5,888 — — 947 5,888 6,835 (76 ) 2019 Warehouse West Chester, OH (F) 812 3,623 — 38 812 3,661 4,473 (50 ) 2019 Warehouse Grove City, OH (F) 1,532 14,716 — — 1,532 14,716 16,248 (176 ) 2019 Warehouse Grove City, OH (F) 1,364 10,919 — — 1,364 10,919 12,283 (168 ) 2019 Warehouse Grove City, OH (F) 1,501 11,155 — — 1,501 11,155 12,656 (164 ) 2019 Warehouse Indianapolis, IN (F) 1,775 5,410 — — 1,775 5,410 7,185 (101 ) 2019 Warehouse Indianapolis, IN (F) 2,828 10,418 — — 2,828 10,418 13,246 (176 ) 2019 Warehouse Indianapolis, IN (F) 3,613 15,816 — — 3,613 15,816 19,429 (247 ) 2019 Warehouse Indianapolis, IN (F) 1,904 5,350 — — 1,904 5,350 |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2019 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and include the accounts of the Company, the subsidiaries and joint ventures in which it has a controlling interest. For consolidated joint ventures, the non-controlling partner’s share of the assets, liabilities and operations of the joint ventures is included in non-controlling interests as equity of the Company. The non-controlling partner’s interest is generally computed as the joint venture partner’s ownership percentage. Certain of the joint ventures made by the Company provide the other partner a profits interest based on certain internal rate of return hurdles being achieved. Any profits interest due to the other partner is reported within non-controlling interests. All intercompany balances and transactions have been eliminated in consolidation. The Company consolidates partially owned entities, in which it has a controlling financial interest. In determining whether the Company has a controlling financial interest in a partially owned entity and the requirement to consolidate the accounts of that entity, the Company considers whether the entity is a variable interest entity (“VIE”) and whether it is the primary beneficiary. The Company is the primary beneficiary of a VIE when it has (i) the power to direct the most significant activities impacting the economic performance of the VIE and (ii) the obligation to absorb losses or receive benefits significant to the VIE. BREIT OP and each of the Company’s joint ventures are considered to be a VIE. The Company consolidates these entities because it has the ability to direct the most significant activities of the entities such as purchases, dispositions, financings, budgets, and overall operating plans. As of December 31, 2019, the total assets and liabilities of the Company’s consolidated VIEs, excluding BREIT OP, were $9.5 billion and $6.6 billion, respectively, compared to $2.8 billion and $1.9 billion as of December 31, 2018. Such amounts are included on the Company’s Consolidated Balance Sheets. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates. |
Investments in Real Estate | Investments in Real Estate In accordance with the guidance for business combinations, the Company determines whether the acquisition of a property qualifies as a business combination, which requires that the assets acquired and liabilities assumed constitute a business. If the property acquired does not constitute a business, the Company accounts for the transaction as an asset acquisition. The guidance for business combinations states that when substantially all of the fair value of the gross assets to be acquired is concentrated in a single identifiable asset or group of similar identifiable assets, the asset or set of assets is not a business. All property acquisitions to date have been accounted for as asset acquisitions. Whether the acquisition of a property acquired is considered a business combination or asset acquisition, the Company recognizes the identifiable assets acquired, the liabilities assumed, and any non-controlling interest in the acquired entity. In addition, for transactions that are business combinations, the Company evaluates the existence of goodwill or a gain from a bargain purchase. The Company expenses acquisition-related costs associated with business combinations as they are incurred. The Company capitalizes acquisition-related costs associated with asset acquisitions. Upon acquisition of a property, the Company assesses the fair value of acquired tangible and intangible assets (including land, buildings, tenant improvements, “above-market” and “below-market” leases, acquired in-place leases, other identified intangible assets and assumed liabilities) and allocates the purchase price to the acquired assets and assumed liabilities. The Company assesses and considers fair value based on estimated cash flow projections that utilize discount and/or capitalization rates that it deems appropriate, as well as other available market information. Estimates of future cash flows are based on a number of factors including the historical operating results, known and anticipated trends, and market and economic conditions. The fair value of the tangible assets of an acquired property considers the value of the property as if it were vacant. The Company also considers an allocation of purchase price of other acquired intangibles, including acquired in-place leases that may have a customer relationship intangible value, including (but not limited to) the nature and extent of the existing relationship with the tenants, the tenants’ credit quality and expectations of lease renewals. Based on its acquisitions to date, the Company’s allocation to customer relationship intangible assets has not been material. The Company records acquired above-market and below-market leases at their fair values (using a discount rate which reflects the risks associated with the leases acquired) equal to the difference between (1) the contractual amounts to be paid pursuant to each in-place lease and (2) management’s estimate of fair market lease rates for each corresponding in-place lease, measured over a period equal to the remaining term of the lease for above-market leases and the initial term plus the term of any below-market fixed rate renewal options for below-market leases. Other intangible assets acquired include amounts for in-place lease values that are based on the Company’s evaluation of the specific characteristics of each tenant’s lease. Factors to be considered include estimates of carrying costs during hypothetical expected lease-up periods considering current market conditions, and costs to execute similar leases. In estimating carrying costs, the Company includes real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods, depending on local market conditions. In estimating costs to execute similar leases, the Company considers leasing commissions, legal and other related expenses. Intangible assets and intangible liabilities are recorded as a component of Other Assets and Accounts Payable, Accrued Expenses, and Other Liabilities, respectively, on the Company’s Consolidated Balance Sheets. The amortization of acquired above-market and below-market leases is recorded as an adjustment to Rental Revenue on the Company’s Consolidated Statements of Operations. The amortization of in-place leases is recorded as an adjustment to Depreciation and Amortization Expense on the Company’s Consolidated Statements of Operations. The amortization of below-market and pre-paid ground leases are recorded as an adjustment to Rental Property Operating or Hotel Operating Expenses, as applicable, on the Company’s Consolidated Statements of Operations. The cost of buildings and improvements includes the purchase price of the Company’s properties and any acquisition-related costs, along with any subsequent improvements to such properties. The Company’s investments in real estate are stated at cost and are generally depreciated on a straight-line basis over the estimated useful lives of the assets as follows: Description Depreciable Life Building 30 - 42 years Building- and land improvements 10 years Furniture, fixtures and equipment 1 - 10 years Lease intangibles Over lease term Significant improvements to properties are capitalized. When assets are sold or retired, their costs and related accumulated depreciation are removed from the accounts with the resulting gains or losses reflected in net income or loss for the period. Repairs and maintenance are expensed to operations as incurred and are included in Rental Property Operating and Hotel Operating Expenses on the Company’s Consolidated Statements of Operations. The Company’s management reviews its real estate properties for impairment each quarter or when there is an event or change in circumstances that indicates an impaired value. If the carrying amount of the real estate investment is no longer recoverable and exceeds the fair value of such investment, an impairment loss is recognized. The impairment loss is recognized based on the excess of the carrying amount of the asset over its fair value. The evaluation of anticipated future cash flows is highly subjective and is based in part on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results. Since cash flows on real estate properties considered to be “long-lived assets to be held and used” are considered on an undiscounted basis to determine whether an asset has been impaired, the Company’s strategy of holding properties over the long term directly decreases the likelihood of recording an impairment loss. If the Company’s strategy changes or market conditions otherwise dictate an earlier sale date, an impairment loss may be recognized and such loss could be material to the Company’s results. If the Company determines that an impairment has occurred, the affected assets must be reduced to their fair value, less cost to sell. During the periods presented, no such impairment occurred. |
Assets Held for Sale | Assets Held for Sale The Company classifies the assets and liabilities related to its real estate investments as held for sale when a sale is probable to occur within one year. The Company considers a sale to be probable when a binding contract has been executed, the buyer has posted a non-refundable deposit, and there are limited contingencies to closing. The Company classifies held for sale assets and liabilities at the lower of depreciated cost or fair value less closing costs. Held for sale assets and liabilities are presented within other assets and other liabilities on the Company’s Consolidated Balance Sheets. Refer to Note 3 and Note 9 for additional details. |
Investments in Real Estate Debt | Investments in Real Estate Debt The Company’s investments in real estate debt consists of securities and loans. The Company has elected to classify its securities as trading securities and carry such investments at estimated fair value. As such, the resulting unrealized gains and losses are recorded as a component of Income from Real Estate Debt on the Company’s Consolidated Statements of Operations. The Company elected the fair value option (“FVO”) for its investments in loans. As such, any unrealized gains or losses on its investments in loans are recorded as a component of Income from Real Estate Debt on the Consolidated Statements of Operations. Interest income from the Company’s investments in real estate debt is recognized over the life of each investment using the effective interest method and is recorded on the accrual basis. Recognition of premiums and discounts associated with these investments is deferred and recorded over the term of the investment as an adjustment to yield. Such items are recorded as components of Investments in Real Estate Debt on the Company’s Consolidated Statements of Operations. |
Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents represent cash held in banks, cash on hand, and liquid investments with original maturities of three months or less. The Company may have bank balances in excess of federally insured amounts; however, the Company deposits its cash and cash equivalents with high credit-quality institutions to minimize credit risk. |
Restricted Cash | Restricted Cash As of December 31, 2019 and December 31, 2018, |
Deferred Charges | Deferred Charges The Company’s deferred charges include financing and leasing costs. Deferred financing costs include legal, structuring, and other loan costs incurred by the Company for its financing agreements. Deferred financing costs related to the Company’s mortgage notes and term loans are recorded as an offset to the related liability and amortized over the term of the applicable financing instruments. Deferred financing costs related to the Company’s revolving credit facilities and affiliate line of credit are recorded as a component of Other Assets on the Company’s Consolidated Balance Sheets and amortized over the term of the applicable financing agreements. Deferred leasing costs incurred in connection with new leases, which consist primarily of brokerage and legal fees, are recorded as a component of Other Assets on the Company’s Consolidated Balance Sheets and amortized over the life of the related lease. |
Revenue Recognition | Revenue Recognition The Company’s sources of revenue and the related revenue recognition policies are as follows: Rental revenue — primarily consists of base rent and tenant reimbursement income arising from tenant leases at the Company’s industrial, multifamily, net lease, office, retail and other properties. Base rent is recognized on a straight-line basis over the life of the lease, including any rent steps or abatement provisions. The Company begins to recognize revenue upon the acquisition of the related property or when a tenant takes possession of the leased space. Tenant reimbursement income primarily consists of amounts due from tenants for costs related to common area maintenance, real estate taxes, and other recoverable costs included in lease agreements. Hotel revenue — consists of income from the Company’s hotel properties. Hotel revenue consists primarily of room revenue and food and beverage revenue. Room revenue is recognized when the related room is occupied and other hotel revenue is recognized when the service is rendered. |
Organization and Offering Costs | Organization and Offering Costs Organization costs are expensed as incurred and recorded as a component of General and Administrative Expense on the Company’s Consolidated Statements of Operations and offering costs are charged to equity as such amounts are incurred. The Adviser agreed to advance $10.2 million of certain organization and offering costs on behalf of the Company (including legal, marketing and fulfillment, regulatory, due diligence, administrative, accounting, tax, transfer agent and other expenses attributable to the Company’s organization, but excluding upfront selling commissions, dealer manager fees and stockholder servicing fees) through December 31, 2017. Such costs are being reimbursed to the Adviser pro rata over 60 months beginning January 1, 2018. For the years ended December 31, 2019 and 2018, the Company reimbursed $2.0 million and $2.0 million, respectively, to the Adviser for such costs. Blackstone Advisory Partners L.P. (the “Dealer Manager”), a registered broker-dealer affiliated with the Adviser, serves as the dealer manager for the Offering. The Dealer Manager is entitled to receive selling commissions and dealer manager fees based on the transaction price of each applicable class of shares sold in the Offering. The Dealer Manager is also entitled to receive a stockholder servicing fee of 0.85%, 0.85% and 0.25% per annum of the aggregate net asset value (“NAV”) of the Company’s outstanding Class S shares, Class T shares, and Class D shares, respectively. There is no stockholder servicing fee with respect to Class I shares. The following table details the selling commissions, dealer manager fees, and stockholder servicing fees for each applicable share class as of December 31, 2019: Class S Shares Class I Shares Class T Shares Class D Shares Selling commissions and dealer manager fees (% of transaction price) up to 3.5% — up to 3.5% up to 1.5% Stockholder servicing fee (% of NAV) 0.85% — 0.85% 0.25% For Class S shares sold in the Offering (other than as part of the Company’s distribution reinvestment plan), investors will pay upfront selling commissions of up to 3.5% of the transaction price. For Class T shares sold in the Offering (other than as part of the Company’s distribution reinvestment plan), investors will pay upfront selling commissions of up to 3.0% of the transaction price and upfront dealer manager fees of 0.5% of the transaction price, however such amounts may vary at certain participating broker-dealers, provided that the sum will not exceed 3.5% of the transaction price. For Class D shares sold in the Offering (other than as part of the Company’s distribution reinvestment plan), investors will pay upfront selling commissions of up to 1.5% of the transaction price. The Dealer Manager is entitled to receive stockholder servicing fees of 0.85% per annum of the aggregate NAV for Class S shares and Class T shares. For Class T shares such stockholder servicing fee includes, an advisor stockholder servicing fee of 0.65% per annum, and a dealer stockholder servicing fee of 0.20% per annum, of the aggregate NAV for the Class T shares, however, with respect to Class T shares sold through certain participating broker-dealers, the advisor stockholder servicing fee and the dealer stockholder servicing fee may be other amounts, provided that the sum of such fees will always equal 0.85% per annum of the NAV of such shares. For Class D shares, a stockholder servicing fee equal to 0.25% per annum of the aggregate NAV for the Class D shares. The Dealer Manager has entered into agreements with the selected dealers distributing the Company’s shares in the Offering, which provide, among other things, for the re-allowance of the full amount of the selling commissions and dealer manager fees and all of the stockholder servicing fees received by the Dealer Manager to such selected dealers. Through December 31, 2019, the Dealer Manager had not retained any upfront selling commissions, dealer manager, or stockholder servicing fees. |
Income Taxes | Income Taxes The Company qualifies to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), for U.S. federal income tax purposes. The Company generally will not be subject to federal corporate income tax to the extent it distributes 100% of its taxable income to its stockholders. REITs are subject to a number of other organization and operational requirements. Even if the Company qualifies for taxation as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income. The Company leases its hotel investments to wholly-owned taxable REIT subsidiaries (“TRSs”). The TRSs are subject to taxation at the federal, state and local levels, as applicable. Revenues related to the hotels’ operations such as room revenue, food and beverage revenue and other revenue are recorded in the TRS along any with corresponding expenses. The Company accounts for applicable income taxes by utilizing the asset and liability method. As such, the Company records deferred tax assets and liabilities for the future tax consequences resulting from the difference between the carrying value of existing assets and liabilities and their respective tax basis. A valuation allowance for deferred tax assets is provided if the Company believes all or some portion of the deferred tax asset may not be realized. During the years ended December 31, 2019, 2018 and 2017 the Company recorded a net tax benefit of $0.9 million, $0.6 million and $0.3 million, respectively, within Other Income on the Company’s Consolidated Statements of Operations. The deferred benefit for the years ended December 31, 2019, 2018 and 2017 is $3.1 million, $1.5 million and $0.3 million, respectively. The current expense for the years ended December 31, 2019 and 2018 is $2.2 million and $ 0.9 million, respectively. There was no such tax expense for the year ended December 31, 2017. As of December 31, 2019, 2018 and 2017, the Company recorded a deferred tax asset of $4.9 million, $1.8 million, and $0.3 million, respectively, due to its hotel investments within Other Assets on the Company’s Consolidated Balance Sheets. |
Fair Value Measurements | Fair Value Measurements Under normal market conditions, the fair value of an investment is the amount that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). Additionally, there is a hierarchal framework that prioritizes and ranks the level of market price observability used in measuring investments at fair value. Market price observability is impacted by a number of factors, including the type of investment and the characteristics specific to the investment and the state of the marketplace, including the existence and transparency of transactions between market participants. Investments with readily available actively quoted prices or for which fair value can be measured from actively quoted prices generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value. Investments measured and reported at fair value are classified and disclosed in one of the following levels within the fair value hierarchy: Level 1 — quoted prices are available in active markets for identical investments as of the measurement date. The Company does not adjust the quoted price for these investments. Level 2 — quoted prices are available in markets that are not active or model inputs are based on inputs that are either directly or indirectly observable as of the measurement date. Level 3 — pricing inputs are unobservable and include instances where there is minimal, if any, market activity for the investment. These inputs require significant judgment or estimation by management or third parties when determining fair value and generally represent anything that does not meet the criteria of Levels 1 and 2. Due to the inherent uncertainty of these estimates, these values may differ materially from the values that would have been used had a ready market for these investments existed. Valuation of assets measured at fair value The Company’s investments in real estate debt are reported at fair value. As of December 31, 2019 and 2018, the Company’s investments in real estate debt consisted of commercial mortgage-backed securities (“CMBS”), residential mortgage-backed securities (“RMBS”), which are mortgage-related fixed income securities, corporate bonds, and term private mezzanine loans of real estate-related companies. The Company generally determines the fair value of its real estate debt by generally utilizing third-party pricing service providers and broker-dealer quotations on the basis of last available bid price. In determining the fair value of a particular investment, pricing service providers may use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models to determine the reported price. The pricing service providers’ internal models for securities such as real estate debt generally consider the attributes applicable to a particular class of the security (e.g., credit rating, seniority), current market data, and estimated cash flows for each class and incorporate deal collateral performance such as prepayment speeds and default rates, as available. Certain of the Company’s investments in real estate debt, such as mortgages or mezzanine loans, are unlikely to have readily available market quotations. In such cases, the Company will generally determine the initial value based on the acquisition price of such investment if acquired by the Company or the par value of such investment if originated by the Company. Following the initial measurement, the Company will determine fair value by utilizing or reviewing certain of the following (i) market yield data, (ii) discounted cash flow modeling, (iii) collateral asset performance, (iv) local or macro real estate performance, (v) capital market conditions, (vi) debt yield or loan-to-value ratios and (vii) borrower financial condition and performance. As of December 31, 2019 and 2018, the Company’s $4.5 billion and $2.3 billion, respectively, of investments in real estate debt were classified as Level 2. Valuation of liabilities not measured at fair value As of December 31, 2019, the fair value of the Company’s mortgage notes, term loans, and secured revolving credit facilities, repurchase agreements, and unsecured revolving credit facilities were approximately $54.9 million above carrying value. As of December 31, 2018, the fair value of the Company’s mortgage notes, term loans, and revolving credit facilities, repurchase agreements, and affiliate line of credit were approximately $6.9 million below carrying value. Fair value of the Company’s indebtedness is estimated by modeling the cash flows required by the Company’s debt agreements and discounting them back to the present value using the appropriate discount rate. Additionally, the Company considers current market rates and conditions by evaluating similar borrowing agreements with comparable loan-to-value ratios and credit profiles. The inputs used in determining the fair value of the Company’s indebtedness are considered Level 3. |
Earnings Per Share | Earnings Per Share Basic net loss per share of common stock is determined by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. All classes of common stock are allocated net income/(loss) at the same rate per share and receive the same gross distribution per share. The restricted stock grants of Class I shares held by our directors are considered to be participating securities because they contain non-forfeitable rights to distributions. The impact of these restricted stock grants on basic and diluted earnings per common share (“EPS”) has been calculated using the two-class method whereby earnings are allocated to the restricted stock grants based on dividends declared and the restricted stocks’ participation rights in undistributed earnings. As of December 31, 2019 and 2018, the effects of the two-class method on basic and diluted EPS were not material to the Company’s consolidated financial statements. |
Stock-Based Compensation | Stock-Based Compensation The Company’s stock-based compensation consists of incentive compensation awards issued to certain employees of affiliate portfolio company service providers. Such awards vest over the life of the awards and stock-based compensation expense is recognized for these awards in net income on a straight-line basis over the applicable vesting period of the award, based on the value of the awards at grant. Refer to Note 11 for additional information. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements In On January 1, 2019, the Company adopted ASU 2016-02, “Leases,” and all related amendments (codified in Accounting Standards Codification Topic 842 (“Topic 842”)). Certain of the Company’s investments in real estate are subject to ground leases, for which lease liabilities and corresponding right-of-use (“ROU”) assets were recognized as a result of adoption. The Company calculated the amount of the lease liabilities and ROU assets by taking the present value of the remaining lease payments, and adjusted the ROU assets for any existing straight-line ground rent liabilities and acquired ground lease intangibles. The Company’s estimated incremental borrowing rate of a loan with a similar term as the corresponding ground leases was used as the discount rate, which was determined to be approximately 7.0%. Considerable judgment and assumptions were required to estimate the Company’s incremental borrowing rate which was determined by considering the Company’s credit quality, ground lease duration, and debt yields observed in the market. Three of the Company’s existing ground leases were classified as operating leases, and upon adoption the Company recognized operating lease liabilities and corresponding ROU assets of $31.3 million. The Company’s existing below-market ground lease intangible asset of $4.5 million, above-market ground lease intangible liability of $4.6 million, and straight-line ground rent liability of $1.2 million were reclassified as of January 1, 2019 to be presented net of the operating ROU assets. In addition, the Company’s existing prepaid ground lease intangible asset of $15.7 million was reclassified as of January 1, 2019 to be presented along with the operating ROU assets. The lease liabilities are included as a component of Accounts Payable, Accrued Expenses, and Other Liabilities and the related ROU assets are recorded as a component of Investments in Real Estate, Net on the Company’s Consolidated Balance Sheet. Refer to Note 3, Note 9 and Note 12 for additional information. In transition, the Company elected the package of practical expedients to not reassess (i) whether existing arrangements are or contain a lease, (ii) the classification of an operating or financing lease in a period prior to adoption, and (iii) any initial direct costs for existing leases. Additionally, the Company elected to not use hindsight and carried forward its lease term assumptions when adopting Topic 842 and did not recognize lease liabilities and lease assets for leases with a term of 12 months or less. The Company applied ASU 2016-02 as of the effective date of January 1, 2019, and there was no impact to retained earnings as a result of the Company’s adoption. The adoption of ASU 2016-02 for leases in which the Company is lessor did not have a material impact on the Company’s consolidated financial statements. The Company elected to not separate non-lease components from lease components and presented lease related revenues as a single line item, net of bad debt expense on the Company’s Consolidated Statement of Operations. Prior to the adoption of ASU 2016-02, the Company separated lease related revenue between “rental revenue” and “tenant reimbursement income” and bad debt expense as a component of “rental property operating” expense. As a result of adoption, the Company reclassified the prior period balances of “tenant reimbursement income” to “rental revenue” to conform to the current period presentation. The Company did not reclassify the prior period balance of bad debt expense on its consolidated statement of operations. The operating lease income presented in “rental revenue” for the years ended December 31, 2018 and 2017 includes $64.1 million and $11.0 million, respectively, previously classified as “tenant reimbursement income,” which was determined under the standard in effect prior to the Company’s adoption of ASU 2016-02. Refer to Note 12 for additional information. |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Accounting Policies [Abstract] | |
Summary of Useful Lives of Assets | The Company’s investments in real estate are stated at cost and are generally depreciated on a straight-line basis over the estimated useful lives of the assets as follows: Description Depreciable Life Building 30 - 42 years Building- and land improvements 10 years Furniture, fixtures and equipment 1 - 10 years Lease intangibles Over lease term |
Summary of Selling Commissions, Dealer Manager Fees, and Stockholder Servicing Fees | The following table details the selling commissions, dealer manager fees, and stockholder servicing fees for each applicable share class as of December 31, 2019: Class S Shares Class I Shares Class T Shares Class D Shares Selling commissions and dealer manager fees (% of transaction price) up to 3.5% — up to 3.5% up to 1.5% Stockholder servicing fee (% of NAV) 0.85% — 0.85% 0.25% |
Investments in Real Estate (Tab
Investments in Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Real Estate [Abstract] | |
Schedule of Investments in Real Estate, Net | Investments in real estate, net consisted of the following ($ in thousands): December 31, 2019 December 31, 2018 Building and building improvements $ 20,950,147 $ 8,389,864 Land and land improvements 5,639,678 1,961,977 Furniture, fixtures and equipment 377,645 182,418 Right of use asset - operating leases (1) 114,011 — Right of use asset - financing leases (1) 56,008 — Total 27,137,489 10,534,259 Accumulated depreciation and amortization (810,621 ) (274,572 ) Investments in real estate, net $ 26,326,868 $ 10,259,687 (1) |
Schedule of Details of Properties Acquired | The following table provides further details of the properties acquired during the year ended December 31, 2019 ($ in thousands): Segment and Investment Number of Transactions Number of Properties Sq. Feet (in thousands)/ Units/ Keys (1) Purchase Price (2) Industrial: Jupiter 12 Industrial Portfolio 1 316 63,965 sq. ft. $ 5,466,697 Other industrial properties 8 127 12,927 sq. ft. 1,118,566 Total Industrial properties 9 443 76,892 sq. ft. 6,585,263 Multifamily: Roman Multifamily Portfolio 1 14 3,743 units 857,540 Other multifamily properties 31 64 19,576 units 3,679,446 Total Multifamily properties 32 78 23,319 units 4,536,986 Net Lease: Bellagio 1 1 8,507 sq. ft. 4,265,530 Total Net Lease properties 1 1 8,507 sq. ft. 4,265,530 Hotel properties 5 34 5,826 keys 1,053,166 Retail properties 4 4 750 sq. ft. 282,072 Office properties 1 1 228 sq. ft. 123,348 Other properties 1 21 1,347 sq. ft. 150,703 Total Investments in Real Estate 53 582 $ 16,997,068 (1) Multifamily includes various forms of rental housing such as apartments, manufactured and student housing. Multifamily units include manufactured housing sites and student housing beds. (2) Purchase price is inclusive of acquisition-related costs. The following table provides details of the properties acquired during the year ended December 31, 2018 ($ in thousands): Segment and Investment Number of Transactions Number of Properties Sq. Feet (in thousands)/ Unit (1) Purchase Price (2) Industrial: Canyon Industrial Portfolio 1 146 21,719 sq. ft. $ 1,837,213 Meridian Industrial Portfolio 1 106 14,011 sq. ft. 962,979 Other industrial properties 4 18 5,563 sq. ft. 539,195 Total Industrial 6 270 41,293 sq. ft. 3,339,387 Multifamily: EdR Student Housing Portfolio 1 20 10,610 units 1,230,857 Wave Multifamily Portfolio 1 6 2,199 units 423,135 Other multifamily properties 16 47 10,515 units 1,302,232 Total Multifamily 18 73 23,324 units 2,956,224 Hotel: JW Marriott San Antonio Hill Country Resort 1 1 1,002 keys 604,323 Other hotel properties 6 14 1,780 keys 359,135 Total Hotel 7 15 2,782 keys 963,458 Retail properties 1 1 91 sq. ft. 34,738 Total Investments in Real Estate 32 359 $ 7,293,807 (1) Multifamily includes various forms of rental housing such as apartments, manufactured and student housing. Multifamily units include manufactured housing sites and student housing beds. (2) Purchase price is inclusive of acquisition-related costs. |
Schedule of Purchase Price Allocation of Properties | The following table summarizes the purchase price allocation for the properties acquired during the year ended December 31, 2019 ($ in thousands): Jupiter 12 Industrial Portfolio Bellagio Roman Multifamily Portfolio All Other Total Building $ 4,380,115 $ 2,760,936 $ 714,941 $ 4,677,934 $ 12,533,926 Land and land improvements 781,578 1,453,421 110,206 1,358,583 3,703,788 Furniture, fixtures and equipment — 46,091 8,538 112,401 167,030 In-place lease intangibles 346,492 — 23,855 264,521 634,868 Above-market lease intangibles 14,105 — — 6,794 20,899 Below-market (1) 15,985 — — — 15,985 Below-market lease intangibles (71,578 ) — — (33,917 ) (105,495 ) Other — 5,082 — 20,985 26,067 Total purchase price $ 5,466,697 $ 4,265,530 $ 857,540 $ 6,407,301 $ 16,997,068 Assumed mortgage notes (2) 703,853 — 237,981 260,879 1,202,713 Net purchase price $ 4,762,844 $ 4,265,530 $ 619,559 $ 6,146,422 $ 15,794,355 (1) The below-market ground lease value was recorded as a component of the right of use asset – operating leases on the Condensed Consolidated Balance Sheet. Refer to Note 12 for additional details on the Company’s leases. (2) Refer to Note 6 for additional details on the Company’s mortgage notes. The following table summarizes the purchase price allocation for the properties acquired during the year ended December 31, 2018 ($ in thousands): Canyon Industrial Portfolio EdR Student Housing Portfolio Meridian Industrial Portfolio JW Marriott San Antonio Hill Country Resort Wave Multifamily Portfolio All Other Total Building and building improvements $ 1,362,916 $ 1,034,732 $ 736,302 $ 474,529 $ 323,954 $ 1,563,496 $ 5,495,929 Land and land improvements 376,762 138,249 165,881 84,218 82,686 535,141 1,382,937 Furniture, fixtures and equipment — 11,072 — 39,979 5,252 42,667 98,970 In-place lease intangibles 109,031 51,583 64,623 597 11,243 103,387 340,464 Above-market lease intangibles 8,459 — 2,862 — — 3,775 15,096 Below-market ground lease (1) — — 793 — — — 793 Below-market lease intangibles (19,955 ) (122 ) (13,604 ) — — (13,853 ) (47,534 ) Above-market ground lease — (4,657 ) — — — — (4,657 ) Other — — 6,122 5,000 — 687 11,809 Total purchase price $ 1,837,213 $ 1,230,857 $ 962,979 $ 604,323 $ 423,135 $ 2,235,300 $ 7,293,807 Assumed mortgage notes (2) — 46,070 11,190 — — 151,220 208,480 Non-controlling interest — 12,802 — — — - 12,802 Net purchase price $ 1,837,213 $ 1,171,985 $ 951,789 $ 604,323 $ 423,135 $ 2,084,080 $ 7,072,525 (1) Refer to Note 6 for additional details on the Company’s mortgage notes. |
Summary of Assets and Liabilities of Properties Classified as Held for Sale | The following table is a summary of the assets and liabilities of the Company’s properties classified as held for sale ($ in thousands): Assets: December 31, 2019 Investments in real estate, net $ 141,344 Other assets 2,035 Total assets $ 143,379 Liabilities: Mortgage notes, term loans, and secured revolving credit facilities, net $ 104,314 Other liabilities 4,097 Total liabilities $ 108,411 |
Intangibles (Tables)
Intangibles (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Goodwill And Intangible Assets Disclosure [Abstract] | |
Gross Carrying Amount and Accumulated Amortization of Intangible Assets and Liabilities | The gross carrying amount and accumulated amortization of the Company’s intangible assets and liabilities consisted of the following ($ in thousands): December 31, 2019 December 31, 2018 Intangible assets: In-place lease intangibles $ 811,254 $ 354,261 Above-market lease intangibles 42,483 21,626 Prepaid ground lease intangibles — 16,114 Below-market ground lease intangibles — 5,415 Other 26,400 5,676 Total intangible assets 880,137 403,092 Accumulated amortization: In-place lease amortization (200,629 ) (104,745 ) Above-market lease amortization (10,977 ) (4,903 ) Prepaid ground lease amortization — (378 ) Below-market ground lease amortization — (162 ) Other (3,189 ) (246 ) Total accumulated amortization (214,795 ) (110,434 ) Intangible assets, net $ 665,342 $ 292,658 Intangible liabilities: Below-market lease intangibles $ 167,032 $ 62,199 Above-market ground lease intangibles — 4,657 Total intangible liabilities 167,032 66,856 Accumulated amortization: Below-market lease amortization (30,078 ) (11,132 ) Above-market ground lease amortization — (15 ) Total accumulated amortization (30,078 ) (11,147 ) Intangible liabilities, net $ 136,954 $ 55,709 |
Estimated Future Amortization | The estimated future amortization on the Company’s intangibles for each of the next five years and thereafter as of December 31, 2019 is as follows ($ in thousands): In-place Lease Intangibles Above-market Lease Intangibles Below-market Lease Intangibles 2020 $ 212,672 $ 8,242 $ (30,025 ) 2021 128,309 7,296 (26,403 ) 2022 88,947 5,707 (21,074 ) 2023 60,529 3,423 (17,174 ) 2024 39,089 2,280 (13,853 ) Thereafter 81,079 4,558 (28,425 ) $ 610,625 $ 31,506 $ (136,954 ) |
Investments in Real Estate De_2
Investments in Real Estate Debt (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Investment In Real Estate And Loans [Abstract] | |
Summary of Investments in Real Estate Debt | The following tables detail the Company’s investments in real estate debt ($ in thousands): December 31, 2019 Number of Positions Credit Rating (1) Collateral (2) Weighted Average Coupon (3) Weighted Average Maturity Date (4) Face Amount/ Notional (5) Cost Basis Fair Value CMBS - Floating: 43 BB Hospitality, Industrial, Multifamily, Office, Other, Diversified L+2.82% 1/24/2025 $ 996,720 $ 994,189 $ 997,022 30 BBB Hospitality, Industrial, Multifamily, Office, Other L+2.29% 3/24/2025 746,053 743,664 745,510 23 B Hospitality, Industrial, Multifamily, Office L+3.36% 12/8/2024 608,775 607,367 608,826 9 A Hospitality, Industrial, Office, Retail, Diversified L+2.04% 11/14/2024 318,881 318,117 319,227 1 AA Office L+4.25% 9/9/2020 8,257 8,332 8,277 16 Other Hospitality, Multifamily L+2.62% 7/2/2025 228,394 227,887 228,090 122 2,899,556 2,906,952 CMBS - Fixed: 11 BB Hospitality, Multifamily, Office, Diversified 3.8% 3/19/2028 297,379 283,944 282,977 7 B Hospitality, Multifamily, Office, Diversified 4.3% 1/27/2026 169,039 166,167 166,085 14 BBB Hospitality, Multifamily, Diversified 4.0% 1/22/2027 143,559 140,855 144,390 11 Other Hospitality, Multifamily, Office, Diversified 4.6% 11/7/2027 240,761 238,437 238,518 43 829,403 831,970 Corporate Bonds: 8 BB Hospitality, Multifamily, Diversified 5.1% 4/15/2027 221,986 220,757 230,006 4 B Hospitality, Multifamily, Other 5.9% 6/29/2026 54,316 55,739 58,105 12 276,496 288,111 CMBS - Zero Coupon: 1 BB Multifamily N/A 4/8/2025 27,273 20,590 20,866 3 Other Multifamily N/A 4/24/2027 208,817 106,629 115,161 4 127,219 136,027 RMBS - Fixed: 8 BB Multifamily 4.0% 9/13/2028 25,528 25,534 25,482 1 B Multifamily 6.3% 5/16/2027 3,787 3,972 3,966 9 29,506 29,448 CMBS - Interest Only: 2 AAA Multifamily 0.1% 6/12/2026 1,799,254 9,554 9,550 1 BBB Multifamily 0.1% 1/21/2028 225,803 1,372 1,371 1 A Multifamily 0.1% 5/19/2025 194,399 914 913 1 Other Multifamily 4.5% 12/17/2026 42,024 11,724 11,713 5 23,564 23,547 195 Total real estate securities 4,185,744 4,216,055 Term Loans: 5 B Hospitality, Industrial L+3.71% 1/8/2025 73,952 73,364 72,605 1 BB Diversified L+2.75% 5/15/2026 54,155 53,916 54,290 1 Other Multifamily L+1.70% 2/6/2022 47,132 46,186 46,234 7 173,466 173,129 Mezzanine Loans: 1 Other Hospitality L+6.86% 12/15/2024 134,750 134,078 134,076 8 Total real estate loans 307,544 307,205 203 Total real estate debt $ 4,493,288 $ 4,523,260 December 31, 2018 Number of Positions Credit Rating (1) Collateral (2) Weighted Average Coupon (3) Weighted Average Maturity Date (4) Face Amount/ Notional (5) Cost Basis Fair Value CMBS: 38 BB Hospitality, Industrial, Multifamily, Office, Retail L+2.83% 9/4/2024 $ 941,240 $ 939,742 $ 930,411 26 BBB Hospitality, Industrial, Multifamily, Office L+2.15% 11/18/2024 578,771 576,601 571,171 21 B Hospitality, Multifamily, Office L+3.56% 9/19/2024 496,383 495,095 490,019 3 A Hospitality, Industrial, Retail L+1.81% 3/10/2023 89,165 89,184 88,358 7 Other Multifamily L+1.99% 6/13/2026 35,442 34,876 34,951 95 2,135,498 2,114,910 CMBS - Interest Only: 2 AAA Multifamily 0.1% 3/12/2027 1,802,581 9,959 9,957 1 BBB Multifamily 0.1% 5/25/2028 225,802 1,414 1,415 1 A Multifamily 0.1% 7/25/2025 194,399 1,001 1,001 4 12,374 12,373 CMBS - Zero Coupon: 2 Other Multifamily N/A 3/2/2027 166,793 80,892 81,875 Corporate Bond: 1 BB Hospitality 6.5% 9/15/2026 52,652 52,652 50,755 102 Total real estate debt $ 2,281,416 $ 2,259,913 (1) AAA represents credit ratings of AAA and AAA-, A represents credit ratings of A+, A, and A-, BBB represents credit ratings of BBB+, BBB, and BBB-, BB represents credit ratings of BB+, BB, and BB-, and B represents credit ratings of B+, B, and B-. Other consists of investments that, as of December 31, 2019 and December 31, 2018, were either not ratable or have not been submitted to rating agencies. (2) Multifamily real estate debt is collateralized by various forms of rental housing including single-family homes and apartments. (3) The term “L” refers to the one-month U.S. dollar-denominated London Interbank Offer Rate (“LIBOR”). As of December 31, 2019, one-month LIBOR was equal to 1.8%. (4) Weighted average maturity date is based on the fully extended maturity date of the instrument or, in the case of CMBS and RMBS, the underlying collateral. (5) Represents notional amount for interest only positions. |
Schedule of Company's Affiliate Real Estate Debt Positions | The following table details the Company’s affiliate real estate debt positions ($ in thousands): Fair Value Interest Income Year Ended December 31, Year Ended December 31, 2019 2018 2019 2018 2017 CMBS collateralized by properties $ 1,418,056 $ 919,392 $ 52,562 $ 38,581 $ 8,917 CMBS collateralized by a loan 155,978 163,404 7,993 5,423 1,310 Loans collateralized by properties 134,076 — — — — Total $ 1,708,110 $ 1,082,796 $ 60,555 $ 44,004 $ 10,227 |
Mortgage Notes, Term Loans, a_2
Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |
Summary of Company's Mortgage Notes, Term Loans and Secured Revolving Credit Facilities | The following is a summary of the mortgage notes, term loans, and secured revolving credit facilities secured by the Company’s properties ($ in thousands): Principal Balance Outstanding (3) Indebtedness Weighted Average Interest Rate (1) Weighted Average Maturity Date (2) Maximum Facility Size December 31, 2019 December 31, 2018 Fixed rate Fixed rate mortgages 3.80% 6/2/2027 N/A $ 12,424,717 $ 4,782,326 Mezzanine loan 5.85% 4/5/2025 N/A 195,878 200,000 Total fixed rate loans 3.83% 5/21/2027 12,620,595 4,982,326 Variable rate Floating rate mortgages L+1.71% 11/24/2025 N/A 1,826,435 675,116 Variable rate term loans L+1.58% 3/25/2024 N/A 1,533,561 603,500 Variable rate secured revolving credit facilities L+1.54% 6/17/2025 $ 2,233,020 1,063,837 624,200 Total variable rate loans L+1.63% 3/19/2025 4,423,833 1,902,816 Total loans secured by the Company's properties 3.74% 7/30/2027 17,044,428 6,885,142 Premium on assumed debt, net 10,794 1,673 Deferred financing costs, net (125,563 ) (53,546 ) Mortgage notes, term loans, and secured revolving credit facilities, net $ 16,929,659 $ 6,833,269 (1) The term “L” refers to the one-month LIBOR. As of December 31, 2019, one-month LIBOR was 1.8%. (2) For loans where the Company, at its sole discretion, has extension options, the maximum maturity date has been assumed. (3) The majority of the Company’s mortgages contain yield or spread maintenance provisions. |
Summary of Future Principal Payment Due Under Company's Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities | The following table presents the future principal payments due under the Company’s mortgage notes, term loans, and secured revolving credit facilities as of December 31, 2019 ($ in thousands): Year Amount 2020 $ 99,749 2021 49,771 2022 721,116 2023 491,015 2024 3,439,512 Thereafter 12,243,265 Total $ 17,044,428 |
Repurchase Agreements (Tables)
Repurchase Agreements (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Disclosure Of Repurchase Agreements [Abstract] | |
Summary of Repurchase Agreements | The following tables are a summary of the Company’s repurchase agreements ($ in thousands): December 31, 2019 Facility Weighted Average Maturity Date (1) Security Interests Collateral Assets (2) Outstanding Balance Prepayment Provisions RBC MRA 6/23/2020 CMBS/Corporate bonds $ 1,980,951 $ 1,561,642 None Barclays MRA 9/29/2021 CMBS 981,652 750,000 None MS MRA 2/1/2020 CMBS 636,734 508,510 None Citi MRA 1/14/2020 CMBS/Corporate bonds 266,406 205,762 None MUFG MRA 4/30/2020 CMBS 86,332 62,561 None BAML MRA 1/24/2020 CMBS/Corporate bonds 4,807 3,662 None $ 3,956,882 $ 3,092,137 December 31, 2018 Facility Weighted Average Maturity Date (1) Security Interests Collateral Assets (2) Outstanding Balance Prepayment Provisions Barclays MRA 9/29/2021 CMBS/Corporate bonds $ 989,059 $ 750,000 None RBC MRA 6/18/2019 CMBS 794,917 650,018 None Citi MRA 1/13/2019 CMBS 193,372 154,736 None MS MRA 1/15/2019 CMBS 173,050 146,569 None MUFG MRA 4/30/2020 CMBS 15,266 12,400 None $ 2,165,664 $ 1,713,723 (1) Subsequent to year end, the Company rolled its repurchase agreement contracts expiring in January and February 2020 into new contracts. (2) Represents the fair value of the Company’s investments in real estate debt that serve as collateral. |
Other Assets and Other Liabil_2
Other Assets and Other Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Debt Disclosure [Abstract] | |
Summary of Components of Other Assets | The following table summarizes the components of other assets ($ in thousands): December 31, 2019 December 31, 2018 Real estate intangibles, net $ 665,342 $ 292,658 Held for sale assets 143,379 — Receivables 101,106 45,799 Straight-line rent receivable 38,287 10,337 Deferred leasing costs, net 28,792 7,621 Deferred financing costs, net 28,494 5,822 Prepaid expenses 28,334 10,746 Pre-acquisition costs 9,861 15,361 Other 36,398 22,601 Total $ 1,079,993 $ 410,945 |
Summary of Components of Accounts Payable, Accrued Expenses, and Other Liabilities | The following table summarizes the components of accounts payable, accrued expenses and other liabilities ($ in thousands): December 31, 2019 December 31, 2018 Subscriptions received in advance $ 796,729 $ 166,542 Intangible liabilities, net 136,954 55,709 Accounts payable and accrued expenses 126,565 53,247 Held for sale liabilities 108,411 — Real estate taxes payable 100,767 56,555 Prepaid rental income 87,479 29,112 Right of use lease liability - operating leases 82,880 — Right of use lease liability - financing leases 56,758 — Distribution payable 56,210 21,360 Accrued interest expense 50,279 24,432 Tenant security deposits 46,533 23,493 Other 42,522 33,948 Total $ 1,692,087 $ 464,398 |
Equity and Redeemable Non-con_2
Equity and Redeemable Non-controlling Interest (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Equity [Abstract] | |
Schedule of Company's Authorized Capital | As of December 31, 2019, the Company had authority to issue 3,100,000,000 shares, consisting of the following: Classification Number of Shares (in thousands) Par Value Preferred Stock 100,000 $ 0.01 Class S Shares 1,000,000 $ 0.01 Class I Shares 1,000,000 $ 0.01 Class T Shares 500,000 $ 0.01 Class D Shares 500,000 $ 0.01 Total 3,100,000 |
Schedule of Company's Outstanding Shares of Common Stock | The following tables detail the movement in the Company’s outstanding shares of common stock (in thousands): Class S Class I Class T Class D Total January 1, 2017 — 20 — — 20 Common stock issued 128,277 30,146 5,600 3,931 167,954 Distribution reinvestment 1,834 578 25 24 2,461 Common stock repurchased (26 ) (41 ) — — (67 ) Independent directors' restricted stock grant (1) — 16 — — 16 December 31, 2017 130,085 30,719 5,625 3,955 170,384 Common stock issued 142,828 77,964 17,379 26,112 264,283 Distribution reinvestment 6,266 2,394 385 434 9,479 Common stock repurchased (2,190 ) (2,853 ) (76 ) (126 ) (5,245 ) Independent directors' restricted stock grant (1) — 37 — — 37 December 31, 2018 276,989 108,261 23,313 30,375 438,938 Common stock issued 248,497 371,562 16,650 53,107 689,816 Distribution reinvestment 12,156 7,356 899 1,590 22,001 Common stock repurchased (6,829 ) (12,936 ) (1,095 ) (415 ) (21,275 ) Independent directors' restricted stock grant (1) — 36 — — 36 December 31, 2019 530,813 474,279 39,767 84,657 1,129,516 (1) The directors’ restricted stock grants represented an aggregate $0.4 million, $0.4 million and $0.1 million of the annual compensation paid to the independent directors for the years ended December 31, 2019, 2018, and 2017, respectively. Each grant is amortized over the one-year service period of such grant. |
Schedule of Aggregate Distributions Declared for Applicable Class of Common Stock | The following table details the aggregate distributions declared for each applicable class of common stock: Year Ended December 31, 2019 Class S Class I Class T Class D Gross distributions declared per share of common stock $ 0.6363 $ 0.6363 $ 0.6363 $ 0.6363 Stockholder servicing fee per share of common stock (0.0951 ) — (0.0935 ) (0.0276 ) Net distributions declared per share of common stock $ 0.5412 $ 0.6363 $ 0.5428 $ 0.6087 Year Ended December 31, 2018 Class S Class I Class T Class D Gross distributions declared per share of common stock $ 0.6286 $ 0.6286 $ 0.6286 $ 0.6286 Stockholder servicing fee per share of common stock (0.0917 ) — (0.0902 ) (0.0267 ) Net distributions declared per share of common stock $ 0.5369 $ 0.6286 $ 0.5384 $ 0.6019 Year Ended December 31, 2017 Class S Class I Class T Class D Gross distributions declared per share of common stock (1) $ 0.4782 $ 0.4782 $ 0.3567 $ 0.4008 Stockholder servicing fee per share of common stock (0.0823 ) — (0.0511 ) (0.0173 ) Net distributions declared per share of common stock $ 0.3959 $ 0.4782 $ 0.3056 $ 0.3835 (1) The Company did not sell any Class D or Class T shares prior to May 2017 and June 2017, respectively, thus no distributions were declared for Class D or Class T prior to such date. |
Summary of Redeemable Non-controlling Interest Activity Related to Special Limited Partner | The following table summarizes the redeemable non-controlling interest activity related to the Special Limited Partner for the years ended December 31, 2019 and 2018 ($ in thousands): December 31, 2019 December 31, 2018 Balance at the beginning of the year $ 9,233 $ 250 Settlement of performance participation allocation 37,484 16,974 Conversion to Class I shares (11,620 ) — Repurchases (35,435 ) (8,400 ) GAAP income allocation (408 ) (1,035 ) Distributions (652 ) (748 ) Fair value allocation 1,670 2,192 Balance at the end of the year $ 272 $ 9,233 |
Related Party Transactions (Tab
Related Party Transactions (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Related Party Transactions [Abstract] | |
Summary of Components of Due to Affiliates | The following table details the components of due to affiliates ($ in thousands): December 31, 2019 December 31, 2018 Accrued stockholder servicing fee (1) $ 478,539 $ 238,496 Performance participation allocation 141,396 37,484 Accrued management fees 13,873 5,124 Advanced organization and offering costs 6,136 8,181 Accrued affiliate service provider expenses 6,037 3,115 Accrued affiliate incentive compensation awards — 4,714 Other 44,162 4,467 Total $ 690,143 $ 301,581 |
Schedule of Related Party Expenses Incurred and Portfolio Company Incentive Compensation Awards | The following table details the amounts incurred for such providers during the years ended December 31, 2019, 2018, and 2017 ($ in thousands): Affiliate Service Provider Expenses Portfolio Company Incentive Compensation Awards For the Year Ended December 31, For the Year Ended December 31, 2019 2018 2017 2019 2018 2017 Link $ 19,332 $ — $ — $ 1,042 $ — $ — LivCor 18,464 7,885 1,279 308 2,708 — BRE 7,250 940 116 624 640 — Gateway 2,524 5,495 — — 1,295 — ShopCore 1,715 1,334 240 26 71 — Revantage 1,295 649 — — — — EOM 104 — 881 — — — Total $ 50,684 $ 16,303 $ 2,516 $ 2,000 $ 4,714 $ — |
Schedule of Related Party Transaction Support Service Fees Incurred | The following table details the transaction support service fees incurred for such providers ($ in thousands): For the Year Ended December 31, 2019 2018 Link $ 3,460 $ — LivCor 2,990 1,491 ShopCore 610 252 EOM 30 — Gateway 27 215 Revantage — 9 Total $ 7,117 $ 1,967 |
Leases (Tables)
Leases (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Leases [Abstract] | |
Schedule of Future Lease Payments Due Under Ground Leases | The following table presents the future lease payments due under the Company’s ground leases as of December 31, 2019 ($ in thousands): Operating Leases Financing Leases 2020 $ 3,916 $ 2,991 2021 3,977 3,081 2022 4,088 3,174 2023 4,127 3,269 2024 4,180 3,367 Thereafter 603,041 330,544 Total undiscounted future lease payments 623,329 346,426 Difference between undiscounted cash flows and discounted cash flows (540,449 ) (289,668 ) Total lease liability $ 82,880 $ 56,758 |
Summary of Future Lease Payments Due under Ground Leases | The following table presents the future lease payments due under the Company’s ground leases as of December 31, 2018, prior to the adoption of ASU 2016-02 ($ in thousands): Year Future Commitments 2019 $ 1,470 2020 1,508 2021 1,547 2022 1,586 2023 1,622 Thereafter 460,055 Total $ 467,788 |
Summary of Fixed and Variable Components of Operating and Financing Leases | The following table summarizes the fixed and variable components of the Company’s operating leases ($ in thousands): For the Year Ended December 31, 2019 2018 2017 Fixed ground rent expense $ 2,042 $ 256 $ 160 Variable ground rent expense 81 420 132 Total cash portion of ground rent expense 2,123 676 292 Non-cash ground rent expense 4,892 1,458 151 Total operating lease costs $ 7,015 $ 2,134 $ 443 The following table summarizes the fixed and variable components of the Company’s financing leases ($ in thousands): For the Year Ended December 31, 2019 2018 2017 Interest on lease liabilities $ 2,228 $ — $ — Amortization of right-of-use assets 748 — — Total financing lease costs $ 2,976 $ — $ — |
Schedule of Components of Operating Lease Income from Leases | The following table details the components of operating lease income from leases in which the Company is the lessor ($ in thousands): For the Year Ended December 31, 2019 2018 2017 Fixed lease payments $ 1,073,562 $ 494,519 $ 110,429 Variable lease payments 128,051 64,145 10,952 Rental revenue $ 1,201,613 $ 558,664 $ 121,381 |
Schedule of Future Minimum Rental Income | The following table presents the future minimum rents the Company expects to receive for its industrial, retail, office and net lease properties as of December 31, 2019 ($ in thousands). Leases at the Company’s multifamily and self-storage properties are short term, generally 12 months or less, and are not included. Year Future Minimum Rents 2020 $ 834,551 2021 779,973 2022 698,106 2023 609,287 2024 530,915 Thereafter 9,366,852 Total $ 12,819,684 |
Schedule of Future Minimum Rental Income | The following table presents the future minimum rents the Company expects to receive for its industrial and retail properties as of December 31, 2018, prior to the adoption of ASU 2016-02 ($ in thousands): Year Future Minimum Rents 2019 $ 238,043 2020 215,327 2021 185,419 2022 144,186 2023 102,609 Thereafter 285,981 Total $ 1,171,565 |
Segment Reporting (Tables)
Segment Reporting (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Segment Reporting [Abstract] | |
Summary of Total Assets and Financial Results by Segment | The following table sets forth the total assets by segment ($ in thousands): December 31, 2019 December 31, 2018 Industrial $ 10,564,172 $ 3,966,796 Multifamily 9,695,916 5,396,457 Net Lease 4,271,196 — Hotel 2,427,554 1,268,992 Retail 419,198 136,273 Office 138,912 — Other Properties 145,411 — Real estate debt 4,565,385 2,281,033 Other (Corporate) 812,079 187,607 Total assets $ 33,039,823 $ 13,237,158 The following table sets forth the financial results by segment for the year ended December 31, 2019 ($ in thousands): Industrial Multifamily Net Lease Hotel Retail Office Other Properties Real Estate Debt Total Revenues: Rental revenue $ 461,939 $ 673,173 $ 42,317 $ — $ 15,869 $ 2,124 $ 6,191 $ — $ 1,201,613 Hotel revenue — — — 432,892 — — — — 432,892 Other revenue 2,312 39,340 — 8,858 398 81 778 — 51,767 Total revenues 464,251 712,513 42,317 441,750 16,267 2,205 6,969 — 1,686,272 Expenses: Rental property operating 137,401 322,773 — — 5,539 799 3,454 — 469,966 Hotel operating — — — 304,710 — — — — 304,710 Total expenses 137,401 322,773 — 304,710 5,539 799 3,454 — 774,676 Income from real estate debt — — — — — — — 213,062 213,062 Segment net operating income $ 326,850 $ 389,740 $ 42,317 $ 137,040 $ 10,728 $ 1,406 $ 3,515 $ 213,062 $ 1,124,658 Depreciation and amortization $ (291,940 ) $ (427,209 ) $ (14,858 ) $ (72,765 ) $ (8,640 ) $ (1,253 ) $ (7,374 ) $ — $ (824,039 ) Other income (expense): General and administrative (18,170 ) Management fee (108,115 ) Performance participation allocation (141,396 ) Net gain on dispositions of real estate 35,035 Interest income 3,041 Interest expense (487,517 ) Other income (expense) 2,260 Net loss $ (414,243 ) Net loss attributable to non-controlling interests in third party joint ventures $ 5,671 Net loss attributable to non-controlling interests in BREIT OP 6,801 Net loss attributable to BREIT stockholders $ (401,771 ) The following table sets forth the financial results by segment for the year ended December 31, 2018 ($ in thousands): Industrial Multifamily Hotel Retail Real Estate Debt Total Revenues: Rental revenue $ 203,084 $ 345,619 $ — $ 9,961 $ — $ 558,664 Hotel revenue — — 138,433 — — 138,433 Other revenue 578 22,945 2,485 153 — 26,161 Total revenues 203,662 368,564 140,918 10,114 — 723,258 Expenses: Rental property operating 62,824 176,800 — 3,469 — 243,093 Hotel operating — — 97,248 — — 97,248 Total expenses 62,824 176,800 97,248 3,469 — 340,341 Income from real estate debt — — — — 55,323 55,323 Segment net operating income $ 140,838 $ 191,764 $ 43,670 $ 6,645 $ 55,323 $ 438,240 Depreciation and amortization $ (116,206 ) $ (257,201 ) $ (27,944 ) $ (4,944 ) $ — $ (406,295 ) Other income (expense): General and administrative (10,982 ) Management fee (42,659 ) Performance participation allocation (37,484 ) Interest income 410 Interest expense (233,184 ) Other income (expense) 489 Net loss $ (291,465 ) Net loss attributable to non-controlling interests in third party joint ventures $ 6,188 Net loss attributable to non-controlling interests in BREIT OP 4,221 Net loss attributable to BREIT stockholders $ (281,056 ) The following table sets forth the financial results by segment for the year ended December 31, 2017 ($ in thousands): Industrial Multifamily Hotel Retail Real Estate Debt Total Revenues: Rental revenue $ 30,846 $ 86,322 $ — $ 4,213 $ — $ 121,381 Hotel revenue — — 29,916 — — 29,916 Other revenue 12 6,589 — 34 — 6,635 Total revenues 30,858 92,911 29,916 4,247 — 157,932 Expenses: Rental property operating 9,265 40,831 — 1,019 — 51,115 Hotel operating — — 20,417 — — 20,417 Total expenses 9,265 40,831 20,417 1,019 — 71,532 Income from real estate debt — — — — 17,749 17,749 Segment net operating income $ 21,593 $ 52,080 $ 9,499 $ 3,228 $ 17,749 $ 104,149 Depreciation and amortization $ (17,063 ) $ (96,732 ) $ (6,071 ) $ (1,927 ) $ — $ (121,793 ) Other income (expense): General and administrative (7,692 ) Management fee (8,867 ) Performance participation allocation (16,974 ) Interest income 454 Interest expense (36,884 ) Other income (expense) 57 Net loss $ (87,550 ) Net loss attributable to non-controlling interests in third party joint ventures $ 1,292 Net loss attributable to non-controlling interests in BREIT OP — Net loss attributable to BREIT stockholders $ (86,258 ) |
Quarterly Financial Informati_2
Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended |
Dec. 31, 2019 | |
Quarterly Financial Information Disclosure [Abstract] | |
Schedule of Quarterly Financial Information | The following tables present the Company’s quarterly results ($ in thousands, except per share data): 2019 March 31 June 30 September 30 December 31 Total revenues $ 297,091 $ 354,308 $ 438,033 $ 596,840 Net loss (50,096 ) (52,784 ) (126,494 ) (184,869 ) Net loss attributable to BREIT stockholders (46,846 ) (50,704 ) (123,171 ) (181,050 ) Net loss per share (0.10 ) (0.08 ) (0.15 ) (0.17 ) 2018 March 31 June 30 September 30 December 31 Total revenues $ 109,684 $ 152,226 $ 200,162 $ 261,186 Net loss (49,638 ) (51,944 ) (58,763 ) (131,120 ) Net loss attributable to BREIT stockholders (47,548 ) (50,482 ) (57,667 ) (125,359 ) Net loss per share (0.23 ) (0.19 ) (0.17 ) (0.30 ) 2017 March 31 June 30 September 30 December 31 Total revenues $ 2,444 $ 28,339 $ 48,904 $ 78,245 Net loss (1,267 ) (16,701 ) (31,847 ) (37,735 ) Net loss attributable to BREIT stockholders (1,267 ) (16,701 ) (31,725 ) (36,565 ) Net loss per share (0.03 ) (0.22 ) (0.28 ) (0.24 ) |
Organization and Business Pur_2
Organization and Business Purpose - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2019USD ($)PropertyPositionSegment | |
Organization and business activities. | |
Date of formation | Nov. 16, 2015 |
Common stock, shares authorized, amount | $ 5,000,000,000 |
Gross proceeds from offering | 4,900,000,000 |
Net proceeds from issuance of common stock | $ 12,400,000,000 |
Number of owned properties | Property | 1,054 |
Number of reportable segments | Segment | 8 |
Real Estate Debt [Member] | |
Organization and business activities. | |
Number of positions | Position | 203 |
Follow On Offering [Member] | Maximum [Member] | |
Organization and business activities. | |
Common stock, shares authorized, amount | $ 12,000,000,000 |
IPO [Member] | Maximum [Member] | |
Organization and business activities. | |
Common stock, shares authorized, amount | 10,000,000,000 |
Distribution Reinvestment Plan [Member] | Maximum [Member] | |
Organization and business activities. | |
Common stock, shares authorized, amount | $ 2,000,000,000 |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) | 12 Months Ended | |||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Jan. 01, 2019 | |
Significant Of Accounting Policies [Line Items] | ||||
Assets excluding BREIT OP | $ 33,039,823,000 | $ 13,237,158,000 | ||
Liabilities excluding BREIT OP | 22,404,026,000 | 9,312,971,000 | ||
Subscriptions received in advance, common stock | $ 787,700,000 | 166,500,000 | ||
Percentage of taxable income distributed to stockholders | 100.00% | |||
Deferred benefit | $ 3,100,000 | 1,500,000 | $ 300,000 | |
Tax expense | 2,200,000 | 900,000 | 0 | |
Operating lease, ROU assets | 114,011,000 | |||
Operating lease, liabilities | 82,880,000 | |||
Account Standards Update 2016-02 | ||||
Significant Of Accounting Policies [Line Items] | ||||
Ground leases discount rate | 7.00% | |||
Operating lease, ROU assets | $ 31,300,000 | |||
Operating lease, liabilities | 31,300,000 | |||
Prepaid ground lease intangible asset reclassified as ROU operating asset | 15,700,000 | |||
Below-market ground lease intangible asset reclassified as ROU operating asset | 4,500,000 | |||
Above-market ground lease intangible liability reclassified as ROU operating asset | 4,600,000 | |||
Straight-line ground rent liability reclassified as ROU operating asset | $ 1,200,000 | |||
Lease, practical expedients package | true | |||
Lease, practical expedient, use of hindsight | false | |||
Impact to retained earnings as a result of ASU adoption | $ 0 | |||
Rental revenue previously classified as tenant reimbursement income | 64,100,000 | 11,000,000 | ||
Level 2 [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Investments in real estate debt | $ 4,500,000,000 | 2,300,000,000 | ||
Level 3 [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Mortgage notes, term loans, secured and unsecured revolving credit facilities, repurchase agreements, and affiliate line of credit | 54,900,000 | 6,900,000 | ||
Hyatt Place Uc Davis [Member] | Other Assets [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Deferred tax assets | 4,900,000 | 1,800,000 | 300,000 | |
Hyatt Place Uc Davis [Member] | Other Income [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Net tax benefit | $ 900,000 | 600,000 | 300,000 | |
Class T Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Percentage of stockholder servicing fee on NAV per annum | 0.85% | |||
Selling commissions and dealer manager fees (% of transaction price) | 3.50% | |||
Upfront selling commissions and dealer manager fees (% of transaction price) | 3.00% | |||
Selling commissions and upfront dealer manager fees (% of transaction price) | 0.50% | |||
Advisor stockholder servicing fee (% of NAV) | 0.65% | |||
Dealer stockholder servicing fee (% of NAV) | 0.20% | |||
Class S Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Percentage of stockholder servicing fee on NAV per annum | 0.85% | |||
Selling commissions and dealer manager fees (% of transaction price) | 3.50% | |||
Class D Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Percentage of stockholder servicing fee on NAV per annum | 0.25% | |||
Selling commissions and dealer manager fees (% of transaction price) | 1.50% | |||
Class S Shares, Class D Shares and Class T Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Stockholder servicing fees accrued | $ 478,500,000 | 238,500,000 | ||
Adviser [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Organizational and offering costs | $ 10,200,000 | |||
Period for reimbursement of advance expenses | 60 months | |||
Reimbursement of organization and offering costs | $ 2,000,000 | 2,000,000 | ||
Blackstone Advisory Partners L.P. [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Commission and fees, threshold percentage on gross proceeds from sale of share | 8.75% | |||
Blackstone Advisory Partners L.P. [Member] | Class T Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Percentage of stockholder servicing fee on NAV per annum | 0.85% | |||
Blackstone Advisory Partners L.P. [Member] | Class S Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Percentage of stockholder servicing fee on NAV per annum | 0.85% | |||
Blackstone Advisory Partners L.P. [Member] | Class D Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Percentage of stockholder servicing fee on NAV per annum | 0.25% | |||
Blackstone Advisory Partners L.P. [Member] | Class I Shares [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Percentage of stockholder servicing fee on NAV per annum | 0.00% | |||
VIEs [Member] | ||||
Significant Of Accounting Policies [Line Items] | ||||
Assets excluding BREIT OP | $ 9,500,000,000 | 2,800,000,000 | ||
Liabilities excluding BREIT OP | $ 6,600,000,000 | $ 1,900,000,000 |
Summary of Significant Accoun_5
Summary of Significant Accounting Policies - Summary of Useful Lives of Assets (Detail) | 12 Months Ended |
Dec. 31, 2019 | |
Real Estate Properties [Line Items] | |
Lease intangibles | Over lease term |
Building [Member] | Minimum [Member] | |
Real Estate Properties [Line Items] | |
Estimated useful life of asset | 30 years |
Building [Member] | Maximum [Member] | |
Real Estate Properties [Line Items] | |
Estimated useful life of asset | 42 years |
Building and Land Improvements [Member] | |
Real Estate Properties [Line Items] | |
Estimated useful life of asset | 10 years |
Furniture, Fixtures and Equipment [Member] | Minimum [Member] | |
Real Estate Properties [Line Items] | |
Estimated useful life of asset | 1 year |
Furniture, Fixtures and Equipment [Member] | Maximum [Member] | |
Real Estate Properties [Line Items] | |
Estimated useful life of asset | 10 years |
Summary of Significant Accoun_6
Summary of Significant Accounting Policies - Summary of Selling Commissions, Dealer Manager Fees, and Stockholder Servicing Fees (Detail) | 12 Months Ended |
Dec. 31, 2019 | |
Class S Shares [Member] | |
Related Party Transaction [Line Items] | |
Selling commissions and dealer manager fees (% of transaction price) | 3.50% |
Stockholder servicing fee (% of NAV) | 0.85% |
Class T Shares [Member] | |
Related Party Transaction [Line Items] | |
Selling commissions and dealer manager fees (% of transaction price) | 3.50% |
Stockholder servicing fee (% of NAV) | 0.85% |
Class D Shares [Member] | |
Related Party Transaction [Line Items] | |
Selling commissions and dealer manager fees (% of transaction price) | 1.50% |
Stockholder servicing fee (% of NAV) | 0.25% |
Maximum [Member] | Class S Shares [Member] | |
Related Party Transaction [Line Items] | |
Selling commissions and dealer manager fees (% of transaction price) | 3.50% |
Maximum [Member] | Class T Shares [Member] | |
Related Party Transaction [Line Items] | |
Selling commissions and dealer manager fees (% of transaction price) | 3.50% |
Maximum [Member] | Class D Shares [Member] | |
Related Party Transaction [Line Items] | |
Selling commissions and dealer manager fees (% of transaction price) | 1.50% |
Investments in Real Estate - Sc
Investments in Real Estate - Schedule of Investments in Real Estate, Net (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Real Estate [Abstract] | ||
Building and building improvements | $ 20,950,147 | $ 8,389,864 |
Land and land improvements | 5,639,678 | 1,961,977 |
Furniture, fixtures and equipment | 377,645 | 182,418 |
Right of use asset - operating leases | 114,011 | |
Right of use asset - financing leases | 56,008 | |
Total | 27,137,489 | 10,534,259 |
Accumulated depreciation and amortization | (810,621) | (274,572) |
Investments in real estate, net | $ 26,326,868 | $ 10,259,687 |
Investments in Real Estate - Ad
Investments in Real Estate - Additional Information (Detail) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2019USD ($)PropertyInvestmentTransaction | Dec. 31, 2018PropertyInvestment | Jun. 30, 2020Property | Mar. 20, 2020Property | |
Real Estate Properties [Line Items] | ||||
Number of real estate investments acquired | Investment | 53 | 32 | ||
Number of real estate properties acquired | 582 | 359 | ||
Number of real estate property sold | 3 | |||
Number of separate transaction in real estate disposition | Transaction | 3 | |||
Net gain on disposition of real estate | $ | $ 35,035 | |||
Number of real estate properties classified as held for sale | 6 | |||
Scenario Forecast [Member] | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties expected to be sold | 5 | |||
Subsequent Event [Member] | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties sold | 1 | |||
In-place Lease Intangibles [Member] | ||||
Real Estate Properties [Line Items] | ||||
Weighted-average acquired lease intangibles | 3 years | 4 years | ||
Above-market Lease Intangibles [Member] | ||||
Real Estate Properties [Line Items] | ||||
Weighted-average acquired lease intangibles | 6 years | 5 years | ||
Below-market Ground Lease Intangibles [Member] | ||||
Real Estate Properties [Line Items] | ||||
Weighted-average acquired lease intangibles | 6 years | 65 years | ||
Below-market Lease Intangibles [Member] | ||||
Real Estate Properties [Line Items] | ||||
Weighted-average acquired lease intangibles | 7 years | |||
Above-Market Ground Lease Intangibles [Member] | ||||
Real Estate Properties [Line Items] | ||||
Weighted-average acquired lease intangibles | 86 years | |||
Industrial [Member] | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties acquired | 443 | 270 | ||
Multifamily [Member] | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties acquired | 78 | 73 | ||
Retail [Member] | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties acquired | 4 | 1 | ||
Hotel [Member] | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties acquired | 34 | 15 | ||
Self Storage [Member] | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties acquired | 21 | |||
Office Properties | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties acquired | 1 | |||
Net Lease Property | ||||
Real Estate Properties [Line Items] | ||||
Number of real estate properties acquired | 1 |
Investments in Real Estate - _2
Investments in Real Estate - Schedule of Details of Properties Acquired (Detail) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019USD ($)ft²PropertyTransactionUnitKey | Dec. 31, 2018USD ($)ft²PropertyTransactionUnitKey | |
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 53 | 32 |
Number of Properties | Property | 582 | 359 |
Purchase Price (in thousands) | $ | $ 16,997,068 | $ 7,293,807 |
Industrial [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 9 | 6 |
Number of Properties | Property | 443 | 270 |
Sq. Feet | ft² | 76,892,000 | 41,293,000 |
Purchase Price (in thousands) | $ | $ 6,585,263 | $ 3,339,387 |
Industrial [Member] | Jupiter 12 Industrial Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 316 | |
Sq. Feet | ft² | 63,965,000 | |
Purchase Price (in thousands) | $ | $ 5,466,697 | |
Industrial [Member] | Other Industrial Properties [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 8 | 4 |
Number of Properties | Property | 127 | 18 |
Sq. Feet | ft² | 12,927,000 | 5,563,000 |
Purchase Price (in thousands) | $ | $ 1,118,566 | $ 539,195 |
Industrial [Member] | Canyon Industrial Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 146 | |
Sq. Feet | ft² | 21,719,000 | |
Purchase Price (in thousands) | $ | $ 1,837,213 | |
Industrial [Member] | Meridian Industrial Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 106 | |
Sq. Feet | ft² | 14,011,000 | |
Purchase Price (in thousands) | $ | $ 962,979 | |
Multifamily [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 32 | 18 |
Number of Properties | Property | 78 | 73 |
Purchase Price (in thousands) | $ | $ 4,536,986 | $ 2,956,224 |
Number of units | Unit | 23,319 | 23,324 |
Multifamily [Member] | Roman Multifamily Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 14 | |
Purchase Price (in thousands) | $ | $ 857,540 | |
Number of units | Unit | 3,743 | |
Multifamily [Member] | Other Multifamily Properties [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 31 | 16 |
Number of Properties | Property | 64 | 47 |
Purchase Price (in thousands) | $ | $ 3,679,446 | $ 1,302,232 |
Number of units | Unit | 19,576 | 10,515 |
Multifamily [Member] | EdR Student Housing Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 20 | |
Purchase Price (in thousands) | $ | $ 1,230,857 | |
Number of units | Unit | 10,610 | |
Multifamily [Member] | Wave Multifamily Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 6 | |
Purchase Price (in thousands) | $ | $ 423,135 | |
Number of units | Unit | 2,199 | |
Net Lease Property | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 1 | |
Sq. Feet | ft² | 8,507,000 | |
Purchase Price (in thousands) | $ | $ 4,265,530 | |
Net Lease Property | Bellagio [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 1 | |
Sq. Feet | ft² | 8,507,000 | |
Purchase Price (in thousands) | $ | $ 4,265,530 | |
Hotel [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 5 | 7 |
Number of Properties | Property | 34 | 15 |
Purchase Price (in thousands) | $ | $ 1,053,166 | $ 963,458 |
Number of keys | Key | 5,826 | 2,782 |
Hotel [Member] | JW Marriott San Antonio Hill Country Resort [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 1 | |
Purchase Price (in thousands) | $ | $ 604,323 | |
Number of keys | Key | 1,002 | |
Hotel [Member] | Other Hotel Properties [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 6 | |
Number of Properties | Property | 14 | |
Purchase Price (in thousands) | $ | $ 359,135 | |
Number of keys | Key | 1,780 | |
Retail [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 4 | 1 |
Number of Properties | Property | 4 | 1 |
Sq. Feet | ft² | 750,000 | 91,000 |
Purchase Price (in thousands) | $ | $ 282,072 | $ 34,738 |
Office Properties | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 1 | |
Sq. Feet | ft² | 228,000 | |
Purchase Price (in thousands) | $ | $ 123,348 | |
Other Properties [Member] | ||
Real Estate Properties [Line Items] | ||
Number of Transactions | Transaction | 1 | |
Number of Properties | Property | 21 | |
Sq. Feet | ft² | 1,347,000 | |
Purchase Price (in thousands) | $ | $ 150,703 |
Investments in Real Estate - _3
Investments in Real Estate - Schedule of Purchase Price Allocation of Properties (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Real Estate Properties [Line Items] | ||
Building and building improvements | $ 12,533,926 | $ 5,495,929 |
Land and land improvements | 3,703,788 | 1,382,937 |
Furniture, fixtures and equipment | 167,030 | 98,970 |
In-place lease intangibles | 634,868 | 340,464 |
Above-market lease intangibles | 20,899 | 15,096 |
Below-market ground lease | 15,985 | 793 |
Below-market lease intangibles | (105,495) | (47,534) |
Above-market ground lease | (4,657) | |
Other | 26,067 | 11,809 |
Total purchase price | 16,997,068 | 7,293,807 |
Assumed mortgage notes | 1,202,713 | 208,480 |
Non-controlling interest | 12,802 | |
Net purchase price | 7,072,525 | |
Net purchase price | 15,794,355 | |
Jupiter 12 Industrial Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 4,380,115 | |
Land and land improvements | 781,578 | |
In-place lease intangibles | 346,492 | |
Above-market lease intangibles | 14,105 | |
Below-market ground lease | 15,985 | |
Below-market lease intangibles | (71,578) | |
Total purchase price | 5,466,697 | |
Assumed mortgage notes | 703,853 | |
Net purchase price | 4,762,844 | |
Bellagio [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 2,760,936 | |
Land and land improvements | 1,453,421 | |
Furniture, fixtures and equipment | 46,091 | |
Other | 5,082 | |
Total purchase price | 4,265,530 | |
Net purchase price | 4,265,530 | |
Roman Multifamily Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 714,941 | |
Land and land improvements | 110,206 | |
Furniture, fixtures and equipment | 8,538 | |
In-place lease intangibles | 23,855 | |
Total purchase price | 857,540 | |
Assumed mortgage notes | 237,981 | |
Net purchase price | 619,559 | |
All Other [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 4,677,934 | 1,563,496 |
Land and land improvements | 1,358,583 | 535,141 |
Furniture, fixtures and equipment | 112,401 | 42,667 |
In-place lease intangibles | 264,521 | 103,387 |
Above-market lease intangibles | 6,794 | 3,775 |
Below-market lease intangibles | (33,917) | (13,853) |
Other | 20,985 | 687 |
Total purchase price | 6,407,301 | 2,235,300 |
Assumed mortgage notes | 260,879 | 151,220 |
Net purchase price | 2,084,080 | |
Net purchase price | $ 6,146,422 | |
Canyon Industrial Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 1,362,916 | |
Land and land improvements | 376,762 | |
In-place lease intangibles | 109,031 | |
Above-market lease intangibles | 8,459 | |
Below-market lease intangibles | (19,955) | |
Total purchase price | 1,837,213 | |
Net purchase price | 1,837,213 | |
EdR Student Housing Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 1,034,732 | |
Land and land improvements | 138,249 | |
Furniture, fixtures and equipment | 11,072 | |
In-place lease intangibles | 51,583 | |
Below-market lease intangibles | (122) | |
Above-market ground lease | (4,657) | |
Total purchase price | 1,230,857 | |
Assumed mortgage notes | 46,070 | |
Non-controlling interest | 12,802 | |
Net purchase price | 1,171,985 | |
Meridian Industrial Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 736,302 | |
Land and land improvements | 165,881 | |
In-place lease intangibles | 64,623 | |
Above-market lease intangibles | 2,862 | |
Below-market ground lease | 793 | |
Below-market lease intangibles | (13,604) | |
Other | 6,122 | |
Total purchase price | 962,979 | |
Assumed mortgage notes | 11,190 | |
Net purchase price | 951,789 | |
JW Marriott San Antonio Hill Country Resort [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 474,529 | |
Land and land improvements | 84,218 | |
Furniture, fixtures and equipment | 39,979 | |
In-place lease intangibles | 597 | |
Other | 5,000 | |
Total purchase price | 604,323 | |
Net purchase price | 604,323 | |
Wave Multifamily Portfolio [Member] | ||
Real Estate Properties [Line Items] | ||
Building and building improvements | 323,954 | |
Land and land improvements | 82,686 | |
Furniture, fixtures and equipment | 5,252 | |
In-place lease intangibles | 11,243 | |
Total purchase price | 423,135 | |
Net purchase price | $ 423,135 |
Investments in Real Estate - Su
Investments in Real Estate - Summary of Assets and Liabilities of Properties Classified as Held for Sale (Detail) $ in Thousands | Dec. 31, 2019USD ($) |
Assets: | |
Investments in real estate, net | $ 141,344 |
Other assets | 2,035 |
Total assets | 143,379 |
Liabilities: | |
Mortgage notes, term loans, and secured revolving credit facilities, net | 104,314 |
Other liabilities | 4,097 |
Total liabilities | $ 108,411 |
Intangibles - Gross Carrying Am
Intangibles - Gross Carrying Amount and Accumulated Amortization of Intangible Assets and Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Intangible assets: | ||
Total intangible assets | $ 880,137 | $ 403,092 |
Accumulated amortization: | ||
Total accumulated amortization | (214,795) | (110,434) |
Intangible assets, net | 665,342 | 292,658 |
Intangible liabilities: | ||
Below-market lease intangibles | 167,032 | 62,199 |
Above-market ground lease intangibles | 4,657 | |
Total intangible liabilities | 167,032 | 66,856 |
Accumulated amortization: | ||
Below-market lease amortization | (30,078) | (11,132) |
Above-market ground lease amortization | (15) | |
Total accumulated amortization | (30,078) | (11,147) |
Intangible liabilities, net | 136,954 | 55,709 |
In-place Lease Intangibles [Member] | ||
Intangible assets: | ||
Total intangible assets | 811,254 | 354,261 |
Accumulated amortization: | ||
Total accumulated amortization | (200,629) | (104,745) |
Intangible assets, net | 610,625 | |
Below-market Ground Lease Intangibles [Member] | ||
Intangible assets: | ||
Total intangible assets | 5,415 | |
Accumulated amortization: | ||
Total accumulated amortization | (162) | |
Above-market Lease Intangibles [Member] | ||
Intangible assets: | ||
Total intangible assets | 42,483 | 21,626 |
Accumulated amortization: | ||
Total accumulated amortization | (10,977) | (4,903) |
Intangible assets, net | 31,506 | |
Prepaid Ground Lease Intangibles [Member] | ||
Intangible assets: | ||
Total intangible assets | 16,114 | |
Accumulated amortization: | ||
Total accumulated amortization | (378) | |
Other Intangible Assets [Member] | ||
Intangible assets: | ||
Total intangible assets | 26,400 | 5,676 |
Accumulated amortization: | ||
Total accumulated amortization | $ (3,189) | $ (246) |
Intangibles - Estimated Future
Intangibles - Estimated Future Amortization (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Schedule Of Finite Lived Intangible Assets And Liabilities [Line Items] | ||
Intangible assets, net | $ 665,342 | $ 292,658 |
Below-market Lease Intangibles, 2020 | (30,025) | |
Below-market Lease Intangibles, 2021 | (26,403) | |
Below-market Lease Intangibles, 2022 | (21,074) | |
Below-market Lease Intangibles, 2023 | (17,174) | |
Below-market Lease Intangibles, 2024 | (13,853) | |
Below-market Lease Intangibles, Thereafter | (28,425) | |
Below-market Lease Intangibles, Total | (136,954) | |
In-place Lease Intangibles [Member] | ||
Schedule Of Finite Lived Intangible Assets And Liabilities [Line Items] | ||
2020 | 212,672 | |
2021 | 128,309 | |
2022 | 88,947 | |
2023 | 60,529 | |
2024 | 39,089 | |
Thereafter | 81,079 | |
Intangible assets, net | 610,625 | |
Above-market Lease Intangibles [Member] | ||
Schedule Of Finite Lived Intangible Assets And Liabilities [Line Items] | ||
2020 | 8,242 | |
2021 | 7,296 | |
2022 | 5,707 | |
2023 | 3,423 | |
2024 | 2,280 | |
Thereafter | 4,558 | |
Intangible assets, net | $ 31,506 |
Investments in Real Estate De_3
Investments in Real Estate Debt - Summary of Investments in Real Estate Debt (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019USD ($)Position | Dec. 31, 2018USD ($)Position | Dec. 31, 2017 | |
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 203 | 102 | |
Cost Basis | $ 4,493,288 | $ 2,281,416 | |
Fair Value | $ 4,523,260 | $ 2,259,913 | |
Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 195 | ||
Cost Basis | $ 4,185,744 | ||
Fair Value | $ 4,216,055 | ||
Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 8 | ||
Cost Basis | $ 307,544 | ||
Fair Value | $ 307,205 | ||
Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 122 | ||
Cost Basis | $ 2,899,556 | ||
Fair Value | $ 2,906,952 | ||
Corporate Bond [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 12 | ||
Cost Basis | $ 276,496 | ||
Fair Value | $ 288,111 | ||
Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 43 | ||
Cost Basis | $ 829,403 | ||
Fair Value | $ 831,970 | ||
Commercial Mortgage Backed Securities Zero Coupon [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 4 | ||
Cost Basis | $ 127,219 | ||
Fair Value | $ 136,027 | ||
Residential Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 9 | ||
Cost Basis | $ 29,506 | ||
Fair Value | $ 29,448 | ||
Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 4 | ||
Cost Basis | $ 12,374 | ||
Fair Value | $ 12,373 | ||
Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 5 | ||
Cost Basis | $ 23,564 | ||
Fair Value | $ 23,547 | ||
Term Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 7 | ||
Cost Basis | $ 173,466 | ||
Fair Value | $ 173,129 | ||
Mezzanine Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Dec. 15, 2024 | ||
Face Amount/ Notional | $ 134,750 | ||
Cost Basis | 134,078 | ||
Fair Value | $ 134,076 | ||
Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 95 | ||
Cost Basis | $ 2,135,498 | ||
Fair Value | $ 2,114,910 | ||
One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Mezzanine Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 6.86% | ||
Hospitality, Multifamily [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 16 | ||
Weighted Average Maturity Date | Jul. 2, 2025 | ||
Face Amount/ Notional | $ 228,394 | ||
Cost Basis | 227,887 | ||
Fair Value | $ 228,090 | ||
Hospitality, Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 2.62% | ||
Hospitality, Multifamily, Office, Diversified [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 11 | ||
Weighted Average Maturity Date | Nov. 7, 2027 | ||
Face Amount/ Notional | $ 240,761 | ||
Cost Basis | 238,437 | ||
Fair Value | $ 238,518 | ||
Hospitality, Multifamily, Office, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 4.60% | ||
Multifamily [Member] | Commercial Mortgage Backed Securities Zero Coupon [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 2 | ||
Weighted Average Maturity Date | Mar. 2, 2027 | ||
Face Amount/ Notional | $ 166,793 | ||
Cost Basis | 80,892 | ||
Fair Value | $ 81,875 | ||
Multifamily [Member] | Commercial Mortgage Backed Securities Zero Coupon [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 3 | ||
Weighted Average Maturity Date | Apr. 24, 2027 | ||
Face Amount/ Notional | $ 208,817 | ||
Cost Basis | 106,629 | ||
Fair Value | $ 115,161 | ||
Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Dec. 17, 2026 | ||
Face Amount/ Notional | $ 42,024 | ||
Cost Basis | 11,724 | ||
Fair Value | $ 11,713 | ||
Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 7 | ||
Weighted Average Maturity Date | Jun. 13, 2026 | ||
Face Amount/ Notional | $ 35,442 | ||
Cost Basis | 34,876 | ||
Fair Value | $ 34,951 | ||
Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 4.50% | ||
Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 1.99% | ||
Diversified [Member] | Term Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Feb. 6, 2022 | ||
Face Amount/ Notional | $ 47,132 | ||
Cost Basis | 46,186 | ||
Fair Value | $ 46,234 | ||
Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Term Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 1.70% | ||
A Credit Rating [Member] | Hospitality, Industrial, Office, Retail, Diversified [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 9 | ||
Weighted Average Maturity Date | Nov. 14, 2024 | ||
Face Amount/ Notional | $ 318,881 | ||
Cost Basis | 318,117 | ||
Fair Value | $ 319,227 | ||
A Credit Rating [Member] | Hospitality, Industrial, Office, Retail, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 2.04% | ||
A Credit Rating [Member] | Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Jul. 25, 2025 | ||
Face Amount/ Notional | $ 194,399 | ||
Cost Basis | 1,001 | ||
Fair Value | $ 1,001 | ||
A Credit Rating [Member] | Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | May 19, 2025 | ||
Face Amount/ Notional | $ 194,399 | ||
Cost Basis | 914 | ||
Fair Value | $ 913 | ||
A Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 0.10% | ||
A Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 0.10% | ||
A Credit Rating [Member] | Hospitality, Industrial, Retail [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 3 | ||
Weighted Average Maturity Date | Mar. 10, 2023 | ||
Face Amount/ Notional | $ 89,165 | ||
Cost Basis | 89,184 | ||
Fair Value | $ 88,358 | ||
A Credit Rating [Member] | Hospitality, Industrial, Retail [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 1.81% | ||
AA Credit Rating [Member] | Office [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Sep. 9, 2020 | ||
Face Amount/ Notional | $ 8,257 | ||
Cost Basis | 8,332 | ||
Fair Value | $ 8,277 | ||
AA Credit Rating [Member] | Office [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 4.25% | ||
BB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office, Other, Diversified [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 43 | ||
Weighted Average Maturity Date | Jan. 24, 2025 | ||
Face Amount/ Notional | $ 996,720 | ||
Cost Basis | 994,189 | ||
Fair Value | $ 997,022 | ||
BB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office, Other, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 2.82% | ||
BB Credit Rating [Member] | Hospitality, Multifamily, Diversified [Member] | Corporate Bond [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 8 | ||
Weighted Average Maturity Date | Apr. 15, 2027 | ||
Face Amount/ Notional | $ 221,986 | ||
Cost Basis | 220,757 | ||
Fair Value | $ 230,006 | ||
BB Credit Rating [Member] | Hospitality, Multifamily, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Corporate Bond [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 5.10% | ||
BB Credit Rating [Member] | Hospitality, Multifamily, Office, Diversified [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 11 | ||
Weighted Average Maturity Date | Mar. 19, 2028 | ||
Face Amount/ Notional | $ 297,379 | ||
Cost Basis | 283,944 | ||
Fair Value | $ 282,977 | ||
BB Credit Rating [Member] | Hospitality, Multifamily, Office, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 3.80% | ||
BB Credit Rating [Member] | Multifamily [Member] | Commercial Mortgage Backed Securities Zero Coupon [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Apr. 8, 2025 | ||
Face Amount/ Notional | $ 27,273 | ||
Cost Basis | 20,590 | ||
Fair Value | $ 20,866 | ||
BB Credit Rating [Member] | Multifamily [Member] | Residential Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 8 | ||
Weighted Average Maturity Date | Sep. 13, 2028 | ||
Face Amount/ Notional | $ 25,528 | ||
Cost Basis | 25,534 | ||
Fair Value | $ 25,482 | ||
BB Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Residential Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 4.00% | ||
BB Credit Rating [Member] | Diversified [Member] | Term Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | May 15, 2026 | ||
Face Amount/ Notional | $ 54,155 | ||
Cost Basis | 53,916 | ||
Fair Value | $ 54,290 | ||
BB Credit Rating [Member] | Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Term Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 2.75% | ||
BB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office, Retail [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 38 | ||
Weighted Average Maturity Date | Sep. 4, 2024 | ||
Face Amount/ Notional | $ 941,240 | ||
Cost Basis | 939,742 | ||
Fair Value | $ 930,411 | ||
BB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office, Retail [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 2.83% | ||
BB Credit Rating [Member] | Hospitality [Member] | Corporate Bond [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Sep. 15, 2026 | ||
Face Amount/ Notional | $ 52,652 | ||
Cost Basis | 52,652 | ||
Fair Value | $ 50,755 | ||
BB Credit Rating [Member] | Hospitality [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Corporate Bond [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 6.50% | ||
B Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 23 | ||
Weighted Average Maturity Date | Dec. 8, 2024 | ||
Face Amount/ Notional | $ 608,775 | ||
Cost Basis | 607,367 | ||
Fair Value | $ 608,826 | ||
B Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 3.36% | ||
B Credit Rating [Member] | Hospitality, Other, Diversified [Member] | Corporate Bond [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 4 | ||
Weighted Average Maturity Date | Jun. 29, 2026 | ||
Face Amount/ Notional | $ 54,316 | ||
Cost Basis | 55,739 | ||
Fair Value | $ 58,105 | ||
B Credit Rating [Member] | Hospitality, Other, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Corporate Bond [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 5.90% | ||
B Credit Rating [Member] | Hospitality, Multifamily, Diversified [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 7 | ||
Weighted Average Maturity Date | Jan. 27, 2026 | ||
Face Amount/ Notional | $ 169,039 | ||
Cost Basis | 166,167 | ||
Fair Value | $ 166,085 | ||
B Credit Rating [Member] | Hospitality, Multifamily, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 4.30% | ||
B Credit Rating [Member] | Multifamily [Member] | Residential Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | May 16, 2027 | ||
Face Amount/ Notional | $ 3,787 | ||
Cost Basis | 3,972 | ||
Fair Value | $ 3,966 | ||
B Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Residential Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 6.30% | ||
B Credit Rating [Member] | Hospitality, Industrial [Member] | Term Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 5 | ||
Weighted Average Maturity Date | Jan. 8, 2025 | ||
Face Amount/ Notional | $ 73,952 | ||
Cost Basis | 73,364 | ||
Fair Value | $ 72,605 | ||
B Credit Rating [Member] | Hospitality, Industrial [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Term Loans [Member] | Total Real Estate-Related Loans [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 3.71% | ||
B Credit Rating [Member] | Hospitality, Multifamily, Office [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 21 | ||
Weighted Average Maturity Date | Sep. 19, 2024 | ||
Face Amount/ Notional | $ 496,383 | ||
Cost Basis | 495,095 | ||
Fair Value | $ 490,019 | ||
B Credit Rating [Member] | Hospitality, Multifamily, Office [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 3.56% | ||
BBB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office, Other, Diversified [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 30 | ||
Weighted Average Maturity Date | Mar. 24, 2025 | ||
Face Amount/ Notional | $ 746,053 | ||
Cost Basis | 743,664 | ||
Fair Value | $ 745,510 | ||
BBB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office, Other, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Floating | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 2.29% | ||
BBB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 26 | ||
Weighted Average Maturity Date | Nov. 18, 2024 | ||
Face Amount/ Notional | $ 578,771 | ||
Cost Basis | 576,601 | ||
Fair Value | $ 571,171 | ||
BBB Credit Rating [Member] | Hospitality, Industrial, Multifamily, Office [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 2.15% | ||
BBB Credit Rating [Member] | Hospitality, Multifamily, Diversified [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 14 | ||
Weighted Average Maturity Date | Jan. 22, 2027 | ||
Face Amount/ Notional | $ 143,559 | ||
Cost Basis | 140,855 | ||
Fair Value | $ 144,390 | ||
BBB Credit Rating [Member] | Hospitality, Multifamily, Diversified [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities Fixed | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 4.00% | ||
BBB Credit Rating [Member] | Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | May 25, 2028 | ||
Face Amount/ Notional | $ 225,802 | ||
Cost Basis | 1,414 | ||
Fair Value | $ 1,415 | ||
BBB Credit Rating [Member] | Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 1 | ||
Weighted Average Maturity Date | Jan. 21, 2028 | ||
Face Amount/ Notional | $ 225,803 | ||
Cost Basis | 1,372 | ||
Fair Value | $ 1,371 | ||
BBB Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 0.10% | ||
BBB Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 0.10% | ||
AAA Credit Rating [Member] | Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 2 | ||
Weighted Average Maturity Date | Mar. 12, 2027 | ||
Face Amount/ Notional | $ 1,802,581 | ||
Cost Basis | 9,959 | ||
Fair Value | $ 9,957 | ||
AAA Credit Rating [Member] | Multifamily [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Number of Positions | Position | 2 | ||
Weighted Average Maturity Date | Jun. 12, 2026 | ||
Face Amount/ Notional | $ 1,799,254 | ||
Cost Basis | 9,554 | ||
Fair Value | $ 9,550 | ||
AAA Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 0.10% | ||
AAA Credit Rating [Member] | Multifamily [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member] | Commercial Mortgage Backed Securities [Member] | Total Real Estate Securities [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Weighted Average Coupon | 0.10% |
Investments in Real Estate De_4
Investments in Real Estate Debt - Summary of Investments in Real Estate Debt (Parenthetical) (Detail) | Dec. 31, 2019 |
Commercial Mortgage Backed Securities [Member] | One-Month LIBOR [Member] | |
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |
Investment interest rate | 1.80% |
Investments in Real Estate De_5
Investments in Real Estate Debt - Schedule of Company's Affiliate Real Estate Debt Positions (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Cost Basis | $ 4,493,288 | $ 2,281,416 | |
Commercial Mortgage Backed Securities Collateralized by Properties Owned by Blackstone-advised Investment Vehicles [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Cost Basis | 1,418,056 | 919,392 | |
Interest Income | 52,562 | 38,581 | $ 8,917 |
Commercial Mortgage Backed Securities Collateralized by Loan Originated by Blackstone-advised Investment Vehicle [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Cost Basis | 155,978 | 163,404 | |
Interest Income | 7,993 | 5,423 | 1,310 |
Loans Collateralized by Properties Owned by Blackstone-advised Investment Vehicles [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Cost Basis | 134,076 | ||
Commercial Mortgage Backed Securities Collateralized by Properties and Loans Owned by Blackstone-advised Investment Vehicles [Member] | |||
Schedule Of Trading Securities And Other Trading Assets [Line Items] | |||
Cost Basis | 1,708,110 | 1,082,796 | |
Interest Income | $ 60,555 | $ 44,004 | $ 10,227 |
Investments in Real Estate De_6
Investments in Real Estate Debt - Additional Information (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019USD ($)Security | Dec. 31, 2018USD ($)Security | Dec. 31, 2017USD ($)Security | |
Marketable Securities [Line Items] | |||
Investments in real estate debt, cost basis | $ 4,493,288 | $ 2,281,416 | |
Unrealized gain (loss) on investments in real estate debt | 51,500 | (24,700) | $ 2,400 |
Realized gain on CMBS investment repaid | 2,100 | 194 | |
Gain on securities sold | $ 5,200 | $ 7 | |
Number of real estate related securities sold | Security | 18 | 1 | 0 |
Commercial Mortgage Backed Securities Collateralized by Pools of Commercial Real Estate Debt [Member] | |||
Marketable Securities [Line Items] | |||
Investments in real estate debt, cost basis | $ 186,800 | ||
Interest income recorded | $ 6,900 | $ 700 | $ 0 |
Mortgage Notes, Term Loans, a_3
Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities - Summary of Company's Mortgage Notes, Term Loans and Secured Revolving Credit Facilities (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Debt Instrument [Line Items] | ||
Principal Balance Outstanding | $ 17,044,428,000 | $ 6,885,142,000 |
Premium on assumed debt, net | 10,794,000 | 1,673,000 |
Deferred financing costs, net | (125,563,000) | (53,546,000) |
Mortgage notes, term loans, and secured revolving credit facilities, net | $ 16,929,659,000 | 6,833,269,000 |
Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 3.74% | |
Weighted Average Maturity Date | Jul. 30, 2027 | |
Fixed Rate Loans [Member] | ||
Debt Instrument [Line Items] | ||
Principal Balance Outstanding | $ 12,620,595,000 | 4,982,326,000 |
Fixed Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 3.83% | |
Weighted Average Maturity Date | May 21, 2027 | |
Variable Rate Loans [Member] | ||
Debt Instrument [Line Items] | ||
Principal Balance Outstanding | $ 4,423,833,000 | 1,902,816,000 |
Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Mar. 19, 2025 | |
One-Month LIBOR [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 1.80% | |
One-Month LIBOR [Member] | Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 1.63% | |
Mortgage Notes [Member] | Fixed Rate Loans [Member] | ||
Debt Instrument [Line Items] | ||
Principal Balance Outstanding | $ 12,424,717,000 | 4,782,326,000 |
Mortgage Notes [Member] | Fixed Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 3.80% | |
Weighted Average Maturity Date | Jun. 2, 2027 | |
Mortgage Notes [Member] | Variable Rate Loans [Member] | ||
Debt Instrument [Line Items] | ||
Principal Balance Outstanding | $ 1,826,435,000 | 675,116,000 |
Mortgage Notes [Member] | Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Nov. 24, 2025 | |
Mortgage Notes [Member] | One-Month LIBOR [Member] | Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 1.71% | |
Mezzanine Loan [Member] | Fixed Rate Loans [Member] | ||
Debt Instrument [Line Items] | ||
Principal Balance Outstanding | $ 195,878,000 | 200,000,000 |
Mezzanine Loan [Member] | Fixed Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 5.85% | |
Weighted Average Maturity Date | Apr. 5, 2025 | |
Term Loans [Member] | Variable Rate Loans [Member] | ||
Debt Instrument [Line Items] | ||
Principal Balance Outstanding | $ 1,533,561,000 | 603,500,000 |
Term Loans [Member] | Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Mar. 25, 2024 | |
Term Loans [Member] | One-Month LIBOR [Member] | Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 1.58% | |
Secured Revolving Credit Facility [Member] | Variable Rate Loans [Member] | ||
Debt Instrument [Line Items] | ||
Maximum Facility Size | $ 2,233,020,000 | |
Principal Balance Outstanding | $ 1,063,837,000 | $ 624,200,000 |
Secured Revolving Credit Facility [Member] | Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Jun. 17, 2025 | |
Secured Revolving Credit Facility [Member] | One-Month LIBOR [Member] | Variable Rate Loans [Member] | Weighted Average [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Interest Rate | 1.54% |
Mortgage Notes, Term Loans, a_4
Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities - Summary of Company's Mortgage Notes, Term Loans and Secured Revolving Credit Facilities (Parenthetical) (Details) | Dec. 31, 2019 |
One-Month LIBOR [Member] | |
Debt Instrument [Line Items] | |
Debt instrument, Interest rate | 1.80% |
Mortgage Notes, Term Loans, a_5
Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities - Summary of Future Principal Payment Due Under Company's Mortgage Notes, Term Loans, and Secured Revolving Credit Facilities (Details) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Debt Disclosure [Abstract] | ||
2020 | $ 99,749 | |
2021 | 49,771 | |
2022 | 721,116 | |
2023 | 491,015 | |
2024 | 3,439,512 | |
Thereafter | 12,243,265 | |
Total | $ 17,044,428 | $ 6,885,142 |
Repurchase Agreements - Additio
Repurchase Agreements - Additional Information (Detail) - USD ($) | Dec. 31, 2019 | Dec. 31, 2018 |
Debt Instrument [Line Items] | ||
Weighted average interest rate | 2.95% | 3.96% |
London Interbank Offered Rate (LIBOR) [Member] | ||
Debt Instrument [Line Items] | ||
Weighted average interest rate | 1.26% | 1.42% |
Barclays MRA [Member] | ||
Debt Instrument [Line Items] | ||
Maximum facility size | $ 750,000,000 |
Repurchase Agreements - Summary
Repurchase Agreements - Summary of Repurchase Agreements (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Debt Instrument [Line Items] | ||
Collateral Assets | $ 3,956,882 | $ 2,165,664 |
Outstanding Balance | $ 3,092,137 | $ 1,713,723 |
Barclays MRA [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Sep. 29, 2021 | Sep. 29, 2021 |
Security Interests | CMBS | CMBS/Corporate bonds |
Collateral Assets | $ 981,652 | $ 989,059 |
Outstanding Balance | $ 750,000 | $ 750,000 |
Prepayment Provisions | None | None |
Citi MRA [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Jan. 14, 2020 | Jan. 13, 2019 |
Security Interests | CMBS/Corporate bonds | CMBS |
Collateral Assets | $ 266,406 | $ 193,372 |
Outstanding Balance | $ 205,762 | $ 154,736 |
Prepayment Provisions | None | None |
RBC MRA [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Jun. 23, 2020 | Jun. 18, 2019 |
Security Interests | CMBS/Corporate bonds | CMBS |
Collateral Assets | $ 1,980,951 | $ 794,917 |
Outstanding Balance | $ 1,561,642 | $ 650,018 |
Prepayment Provisions | None | None |
MS MRA [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Feb. 1, 2020 | Jan. 15, 2019 |
Security Interests | CMBS | CMBS |
Collateral Assets | $ 636,734 | $ 173,050 |
Outstanding Balance | $ 508,510 | $ 146,569 |
Prepayment Provisions | None | None |
MUFG MRA [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Apr. 30, 2020 | Apr. 30, 2020 |
Security Interests | CMBS | CMBS |
Collateral Assets | $ 86,332 | $ 15,266 |
Outstanding Balance | $ 62,561 | $ 12,400 |
Prepayment Provisions | None | None |
BAML MRA [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Maturity Date | Jan. 24, 2020 | |
Security Interests | CMBS/Corporate bonds | |
Collateral Assets | $ 4,807 | |
Outstanding Balance | $ 3,662 | |
Prepayment Provisions | None |
Unsecured Revolving Credit Fa_2
Unsecured Revolving Credit Facilities - Additional Information (Detail) - USD ($) | 12 Months Ended | |||
Dec. 31, 2019 | Jan. 15, 2020 | Dec. 31, 2018 | Jan. 23, 2017 | |
One-Month LIBOR [Member] | ||||
Debt Instrument [Line Items] | ||||
Debt instrument, Interest rate | 1.80% | |||
Unsecured Line of Credit [Member] | ||||
Debt Instrument [Line Items] | ||||
Line of credit | $ 900,000,000 | |||
Expiration date | Feb. 22, 2023 | |||
Line of credit amount outstanding | $ 30,000,000 | |||
Line of credit available capacity | $ 870,000,000 | |||
Unsecured Line of Credit [Member] | One-Month LIBOR [Member] | ||||
Debt Instrument [Line Items] | ||||
Interest rate | 2.50% | |||
Unsecured Line of Credit [Member] | Affiliated [Member] | ||||
Debt Instrument [Line Items] | ||||
Line of credit | $ 250,000,000 | |||
Expiration date | Jan. 22, 2021 | |||
Line of credit amount outstanding | $ 0 | $ 0 | ||
Unsecured Line of Credit [Member] | Affiliated [Member] | Subsequent Event [Member] | ||||
Debt Instrument [Line Items] | ||||
Line of credit | $ 150,000,000 | |||
Unsecured Line of Credit [Member] | Affiliated [Member] | One-Month LIBOR [Member] | ||||
Debt Instrument [Line Items] | ||||
Interest rate | 2.50% | |||
Debt instrument, Interest rate | 1.80% | 2.50% |
Other Assets and Other Liabil_3
Other Assets and Other Liabilities - Summary of Components of Other Assets (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Other Assets [Abstract] | ||
Real estate intangibles, net | $ 665,342 | $ 292,658 |
Held for sale assets | 143,379 | |
Receivables | 101,106 | 45,799 |
Straight-line rent receivable | 38,287 | 10,337 |
Deferred leasing costs, net | 28,792 | 7,621 |
Deferred financing costs, net | 28,494 | 5,822 |
Prepaid expenses | 28,334 | 10,746 |
Pre-acquisition costs | 9,861 | 15,361 |
Other | 36,398 | 22,601 |
Total | $ 1,079,993 | $ 410,945 |
Other Assets and Other Liabil_4
Other Assets and Other Liabilities - Summary of Components of Accounts Payable, Accrued Expenses, and Other Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Payables And Accruals [Abstract] | ||
Subscriptions received in advance | $ 796,729 | $ 166,542 |
Intangible liabilities, net | 136,954 | 55,709 |
Accounts payable and accrued expenses | 126,565 | 53,247 |
Held for sale liabilities | 108,411 | |
Real estate taxes payable | 100,767 | 56,555 |
Prepaid rental income | 87,479 | 29,112 |
Right of use lease liability - operating leases | 82,880 | |
Right of use lease liability - financing leases | 56,758 | |
Distribution payable | 56,210 | 21,360 |
Accrued interest expense | 50,279 | 24,432 |
Tenant security deposits | 46,533 | 23,493 |
Other | 42,522 | 33,948 |
Total | $ 1,692,087 | $ 464,398 |
Equity and Redeemable Non-con_3
Equity and Redeemable Non-controlling Interest - Additional Information (Detail) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019USD ($)Classshares | Dec. 31, 2018USD ($)shares | Dec. 31, 2017USD ($) | |
Equity [Line Items] | |||
Number of classes of common stock | Class | 4 | ||
Number of Shares, Authorized to issue, Total | shares | 3,100,000,000 | ||
Common stock repurchased, value | $ 237,087 | $ 56,427 | $ 669 |
Effective income tax rate distribution for ordinary income, percent | 8.75% | 3.11% | 34.15% |
Effective income tax rate distribution for capital gains, percent | 1.17% | ||
Effective income tax rate distribution for return of capital, percent | 90.08% | 96.89% | 65.85% |
Ordinary income not qualified for distributions payment | 8.60% | 0.51% | 32.55% |
Ordinary income qualified for distributions payment | 0.15% | 2.60% | 1.60% |
Non-controlling interests attributable to third party joint ventures | $ 157,795 | $ 75,592 | |
Allocation adjustment amount between additional paid-in capital and redeemable non controlling interest | 6,830 | 2,192 | |
Contributions from non-controlling interests | 132,852 | 147,593 | $ 25,586 |
Third Party Joint Ventures [Member] | |||
Equity [Line Items] | |||
Non-controlling interests attributable to third party joint ventures | 20,900 | ||
Allocation adjustment amount between additional paid-in capital and redeemable non controlling interest | 6,800 | 2,200 | |
Blackstone-advised Entity [Member] | BREIT OP [Member] | Class B Units [Member] | |||
Equity [Line Items] | |||
Contributions from non-controlling interests | $ 0 | $ 100,000 | |
Partnership units outstanding | shares | 9,268,500 | 9,268,500 | |
Share Repurchase Plan [Member] | |||
Equity [Line Items] | |||
Common stock repurchased, value | $ 236,400 | $ 56,400 | $ 700 |
Equity and Redeemable Non-con_4
Equity and Redeemable Non-controlling Interest - Schedule of Company's Authorized Capital (Detail) - $ / shares | Dec. 31, 2019 | Dec. 31, 2018 |
Class of Stock [Line Items] | ||
Preferred Stock, Number of Shares, Authorized to issue | 100,000,000 | 100,000,000 |
Number of Shares, Authorized to issue, Total | 3,100,000,000 | |
Preferred Stock, Par Value | $ 0.01 | $ 0.01 |
Class S Shares [Member] | ||
Class of Stock [Line Items] | ||
Common Stock, Number of Shares, Authorized to issue | 1,000,000,000 | 1,000,000,000 |
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Class T Shares [Member] | ||
Class of Stock [Line Items] | ||
Common Stock, Number of Shares, Authorized to issue | 500,000,000 | 500,000,000 |
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Class D Shares [Member] | ||
Class of Stock [Line Items] | ||
Common Stock, Number of Shares, Authorized to issue | 500,000,000 | 500,000,000 |
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Class I Shares [Member] | ||
Class of Stock [Line Items] | ||
Common Stock, Number of Shares, Authorized to issue | 1,000,000,000 | 1,000,000,000 |
Common Stock, Par Value | $ 0.01 | $ 0.01 |
Equity and Redeemable Non-con_5
Equity and Redeemable Non-controlling Interest - Schedule of Company's Outstanding Shares of Common Stock (Detail) - shares | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Class of Stock [Line Items] | |||
Beginning balance | 438,938,000 | 170,384,000 | 20,000 |
Common stock issued | 689,816,000 | 264,283,000 | 167,954,000 |
Distribution reinvestment | 22,001,000 | 9,479,000 | 2,461,000 |
Common stock repurchased | (21,275,000) | (5,245,000) | (67,000) |
Independent directors' restricted stock grant | 36,000 | 37,000 | 16,000 |
Ending balance | 1,129,516,000 | 438,938,000 | 170,384,000 |
Class S Shares [Member] | |||
Class of Stock [Line Items] | |||
Beginning balance | 276,989,000 | 130,085,000 | 0 |
Common stock issued | 248,497,000 | 142,828,000 | 128,277,000 |
Distribution reinvestment | 12,156,000 | 6,266,000 | 1,834,000 |
Common stock repurchased | (6,829,000) | (2,190,000) | (26,000) |
Ending balance | 530,813,000 | 276,989,000 | 130,085,000 |
Class I Shares [Member] | |||
Class of Stock [Line Items] | |||
Beginning balance | 108,261,000 | 30,719,000 | 20,000 |
Common stock issued | 371,562,000 | 77,964,000 | 30,146,000 |
Distribution reinvestment | 7,356,000 | 2,394,000 | 578,000 |
Common stock repurchased | (12,936,000) | (2,853,000) | (41,000) |
Independent directors' restricted stock grant | 36,000 | 37,000 | 16,000 |
Ending balance | 474,279,000 | 108,261,000 | 30,719,000 |
Class T Shares [Member] | |||
Class of Stock [Line Items] | |||
Beginning balance | 23,313,000 | 5,625,000 | 0 |
Common stock issued | 16,650,000 | 17,379,000 | 5,600,000 |
Distribution reinvestment | 899,000 | 385,000 | 25,000 |
Common stock repurchased | (1,095,000) | (76,000) | |
Ending balance | 39,767,000 | 23,313,000 | 5,625,000 |
Class D Shares [Member] | |||
Class of Stock [Line Items] | |||
Beginning balance | 30,375,000 | 3,955,000 | 0 |
Common stock issued | 53,107,000 | 26,112,000 | 3,931,000 |
Distribution reinvestment | 1,590,000 | 434,000 | 24,000 |
Common stock repurchased | (415,000) | (126,000) | |
Ending balance | 84,657,000 | 30,375,000 | 3,955,000 |
Equity and Redeemable Non-con_6
Equity and Redeemable Non-controlling Interest - Schedule of Company's Outstanding Shares of Common Stock (Parenthetical) (Detail) - USD ($) $ in Millions | 1 Months Ended | 12 Months Ended | ||
Jan. 31, 2019 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Class of Stock [Line Items] | ||||
Amoritzation period of grant | 4 years | |||
Class I Shares [Member] | ||||
Class of Stock [Line Items] | ||||
Independent directors' restricted stock grant, value | $ 0.4 | $ 0.4 | $ 0.1 | |
Amoritzation period of grant | 1 year |
Equity and Redeemable Non-con_7
Equity and Redeemable Non-controlling Interest - Schedule of Aggregate Distributions Declared for Applicable Class of Common Stock (Detail) - $ / shares | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Dividends Payable [Line Items] | |||
Gross distributions declared per share of common stock | $ 0.6363 | $ 0.6286 | $ 0.4782 |
Class S Shares [Member] | |||
Dividends Payable [Line Items] | |||
Gross distributions declared per share of common stock | 0.6363 | 0.6286 | 0.4782 |
Stockholder servicing fee per share of common stock | (0.0951) | (0.0917) | (0.0823) |
Net distributions declared per share of common stock | 0.5412 | 0.5369 | 0.3959 |
Class I Shares [Member] | |||
Dividends Payable [Line Items] | |||
Gross distributions declared per share of common stock | 0.6363 | 0.6286 | 0.4782 |
Net distributions declared per share of common stock | 0.6363 | 0.6286 | 0.4782 |
Class T Shares [Member] | |||
Dividends Payable [Line Items] | |||
Gross distributions declared per share of common stock | 0.6363 | 0.6286 | 0.3567 |
Stockholder servicing fee per share of common stock | (0.0935) | (0.0902) | (0.0511) |
Net distributions declared per share of common stock | 0.5428 | 0.5384 | 0.3056 |
Class D Shares [Member] | |||
Dividends Payable [Line Items] | |||
Gross distributions declared per share of common stock | 0.6363 | 0.6286 | 0.4008 |
Stockholder servicing fee per share of common stock | (0.0276) | (0.0267) | (0.0173) |
Net distributions declared per share of common stock | $ 0.6087 | $ 0.6019 | $ 0.3835 |
Equity and Redeemable Non-con_8
Equity and Redeemable Non-controlling Interest - Schedule of Aggregate Distributions Declared for Applicable Class of Common Stock (Parenthetical) (Detail) - USD ($) | May 31, 2017 | Apr. 30, 2017 |
Class D Shares [Member] | ||
Dividends Payable [Line Items] | ||
Number of shares sold | 0 | |
Distributions declared for shares | $ 0 | |
Class T Shares [Member] | ||
Dividends Payable [Line Items] | ||
Number of shares sold | 0 | |
Distributions declared for shares | $ 0 |
Equity and Redeemable Non-con_9
Equity and Redeemable Non-controlling Interest - Summary of Non-controlling Interest Activity (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Redeemable Non-controlling Interest [Abstract] | ||
Balance at the beginning of the year | $ 9,233 | |
Settlement of performance participation allocation | 37,484 | $ 16,974 |
Conversion to Class I shares | (11,620) | |
GAAP income allocation | (1,663) | (1,035) |
Balance at the end of the year | 21,149 | 9,233 |
Special Limited Partner [Member] | ||
Redeemable Non-controlling Interest [Abstract] | ||
Balance at the beginning of the year | 9,233 | 250 |
Settlement of performance participation allocation | 37,484 | 16,974 |
Conversion to Class I shares | (11,620) | |
Repurchases | (35,435) | (8,400) |
GAAP income allocation | (408) | (1,035) |
Distributions | (652) | (748) |
Fair value allocation | 1,670 | 2,192 |
Balance at the end of the year | $ 272 | $ 9,233 |
Related Party Transactions - Su
Related Party Transactions - Summary of Components of Due to Affiliates (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Related Party Transaction [Line Items] | ||
Total components due to affiliates | $ 690,143 | $ 301,581 |
Accrued Stockholder Servicing Fee [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | 478,539 | 238,496 |
Performance Participation Allocation [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | 141,396 | 37,484 |
Advanced Organization and Offering Costs [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | 6,136 | 8,181 |
Accrued Management Fee [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | 13,873 | 5,124 |
Accrued Affiliate Service Provider Expenses [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | 6,037 | 3,115 |
Accrued Affiliate Incentive Compensation Awards [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | 4,714 | |
Other [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | $ 44,162 | $ 4,467 |
Related Party Transactions - _2
Related Party Transactions - Summary of Components of Due to Affiliates (Parenthetical) (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Related Party Transaction [Line Items] | ||
Total components due to affiliates | $ 690,143 | $ 301,581 |
Accrued Stockholder Servicing Fee [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | 478,539 | 238,496 |
Accrued Stockholder Servicing Fee [Member] | Class S Shares, Class D Shares and Class T Shares [Member] | ||
Related Party Transaction [Line Items] | ||
Total components due to affiliates | $ 478,500 | $ 238,500 |
Blackstone Advisory Partners L.P. [Member] | ||
Related Party Transaction [Line Items] | ||
Commission and fees, threshold percentage on gross proceeds from sale of share | 8.75% |
Related Party Transactions - Ad
Related Party Transactions - Additional Information (Detail) | 1 Months Ended | 12 Months Ended | |||||
Jan. 31, 2020USD ($)shares | Jan. 31, 2019USD ($)shares | Jun. 30, 2018USD ($)shares | Jan. 31, 2018shares | Dec. 31, 2019USD ($)Investmentshares | Dec. 31, 2018USD ($)Investmentshares | Dec. 31, 2017USD ($)shares | |
Related Party Transaction [Line Items] | |||||||
Recognized liabilities for Performance Participation expense | $ 141,396,000 | $ 37,484,000 | $ 16,974,000 | ||||
Aggregate redeemable non- controlling interest shares and Class I units continue to own | 72,900,000 | ||||||
Management fee | 108,115,000 | 42,659,000 | $ 8,867,000 | ||||
Total components due to affiliates | $ 690,143,000 | $ 301,581,000 | |||||
Stock repurchased | shares | 21,275,000 | 5,245,000 | 67,000 | ||||
Stock repurchased, value | $ 237,087,000 | $ 56,427,000 | $ 669,000 | ||||
Portfolio company incentive compensation awards | $ 8,000,000 | 2,000,000 | 4,714,000 | ||||
Amoritzation period of grant | 4 years | ||||||
Unrecognized compensation cost relating to portfolio company incentive compensation awards | $ 6,000,000 | ||||||
Unrecognized compensation cost recognition period | 3 years | ||||||
Accrued Management Fee [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Total components due to affiliates | $ 13,873,000 | 5,124,000 | |||||
Advanced Expenses [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Total components due to affiliates | $ 2,000,000 | $ 1,100,000 | |||||
Class I Shares [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock issued as payment for services | shares | 400,000 | ||||||
Stock repurchased | shares | 12,936,000 | 2,853,000 | 41,000 | ||||
Stock repurchased, value | $ 700,000 | ||||||
Amoritzation period of grant | 1 year | ||||||
Class I Shares [Member] | 2018 Incentive Compensation Awards [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock repurchased | shares | 64,393 | ||||||
Special Limited Partner [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Percentage of annual hurdle amount | 5.00% | ||||||
Related party allocation percentage of annual total return | 12.50% | ||||||
Special Limited Partner [Member] | Class B Units [Member] | Subsequent Event [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock issued as payment for services | shares | 700,000 | ||||||
Special Limited Partner [Member] | Class I Shares [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock issued as payment for services | shares | 3,500,000 | 1,600,000 | |||||
Stock redeemed, shares | shares | 400,000 | 800,000 | |||||
Stock redeemed, value | $ 4,300,000 | $ 8,400,000 | |||||
Stock exchanged, shares | shares | 1,100,000 | ||||||
Special Limited Partner [Member] | Class I Shares [Member] | Subsequent Event [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock issued as payment for services | shares | 11,700,000 | ||||||
Stock exchanged, shares | shares | 800,000 | ||||||
Special Limited Partner [Member] | Class I Units and Class B Units [Member] | Subsequent Event [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock redeemed, shares | shares | 7,300,000 | ||||||
Stock redeemed, value | $ 83,600,000 | ||||||
All Other Unit Holders [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Related party allocation percentage of annual total return | 87.50% | ||||||
Adviser [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Percentage of management fee on NAV per annum | 1.25% | ||||||
Stock repurchased, value | $ 42,100,000 | $ 3,400,000 | |||||
Adviser [Member] | Jupiter 12 Industrial Portfolio [Member] | Other Assets [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Receivable from affiliates | 7,800,000 | ||||||
Adviser [Member] | Accrued Management Fee [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Total components due to affiliates | $ 13,900,000 | $ 5,100,000 | |||||
Adviser [Member] | Class I Shares [Member] | Management Fee [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock issued as payment for services | shares | 8,424,263 | 3,845,338 | 664,411 | ||||
Stock repurchased | shares | 10,297,777 | 1,828,163 | |||||
Stock repurchased, value | $ 114,800,000 | $ 19,800,000 | |||||
Adviser [Member] | Class I Shares [Member] | Accrued Management Fee [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock issued as payment for services | shares | 474,552 | 180,215 | |||||
Adviser [Member] | Class I Shares [Member] | Subsequent Event [Member] | Accrued Management Fee [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Stock issued as payment for services | shares | 1,211,870 | ||||||
Affiliate of Adviser [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Internal audit and compliance functions fees incurred | 40,000 | 40,000 | $ 30,000 | ||||
LNLS [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Costs paid to LNLS for title services related to investments | $ 14,800,000 | $ 4,600,000 | |||||
Number of Investments with Capitalized Costs | Investment | 43 | 16 | |||||
LivCor LLC [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Portfolio company incentive compensation awards | $ 308,000 | $ 2,708,000 | |||||
LivCor LLC [Member] | Other Assets [Member] | |||||||
Related Party Transaction [Line Items] | |||||||
Receivable from affiliates | $ 3,600,000 |
Related Party Transactions - Sc
Related Party Transactions - Schedule of Related Party Expenses Incurred and Portfolio Company Incentive Compensation Awards (Detail) - USD ($) $ in Thousands | 1 Months Ended | 12 Months Ended | ||
Jan. 31, 2019 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | $ 50,684 | $ 16,303 | $ 2,516 | |
Portfolio Company Incentive Compensation Awards | $ 8,000 | 2,000 | 4,714 | |
Link Industrial Properties LLC [Member] | ||||
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | 19,332 | |||
Portfolio Company Incentive Compensation Awards | 1,042 | |||
LivCor LLC [Member] | ||||
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | 18,464 | 7,885 | 1,279 | |
Portfolio Company Incentive Compensation Awards | 308 | 2,708 | ||
Gateway Industrial Properties L.L.C [Member] | ||||
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | 2,524 | 5,495 | ||
Portfolio Company Incentive Compensation Awards | 1,295 | |||
ShopCore Properties TRS Management LLC [Member] | ||||
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | 1,715 | 1,334 | 240 | |
Portfolio Company Incentive Compensation Awards | 26 | 71 | ||
BRE Hotels And Resorts LLC [Member] | ||||
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | 7,250 | 940 | 116 | |
Portfolio Company Incentive Compensation Awards | 624 | 640 | ||
Equity Office Management, L.L.C [Member] | ||||
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | 104 | $ 881 | ||
Revantage Corporate Services, L.L.C [Member] | ||||
Related Party Transaction [Line Items] | ||||
Affiliate Service Provider Expenses | $ 1,295 | $ 649 |
Related Party Transactions - _3
Related Party Transactions - Schedule of Support Service fees Incurred (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Related Party Transaction [Line Items] | ||
Capitalized Transaction Support Services | $ 7,117 | $ 1,967 |
Link Industrial Properties LLC [Member] | ||
Related Party Transaction [Line Items] | ||
Capitalized Transaction Support Services | 3,460 | |
LivCor LLC [Member] | ||
Related Party Transaction [Line Items] | ||
Capitalized Transaction Support Services | 2,990 | 1,491 |
ShopCore Properties TRS Management LLC [Member] | ||
Related Party Transaction [Line Items] | ||
Capitalized Transaction Support Services | 610 | 252 |
Equity Office Management, L.L.C [Member] | ||
Related Party Transaction [Line Items] | ||
Capitalized Transaction Support Services | 30 | |
Gateway Industrial Properties L.L.C [Member] | ||
Related Party Transaction [Line Items] | ||
Capitalized Transaction Support Services | $ 27 | 215 |
Revantage Corporate Services, L.L.C [Member] | ||
Related Party Transaction [Line Items] | ||
Capitalized Transaction Support Services | $ 9 |
Leases - Additional Information
Leases - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2019Lease | |
Lessee Lease Description [Line Items] | |
Number of ground leases under operating lease | 15 |
Number of ground leases under finance lease | 2 |
Lessee, Operating Lease, Existence of Option to Extend [true false] | true |
Operating lease, weighted average remaining lease term | 57 years |
Finance lease, weighted average remaining lease term | 77 years |
Minimum [Member] | |
Lessee Lease Description [Line Items] | |
Incremental borrowing rate | 5.00% |
Maximum [Member] | |
Lessee Lease Description [Line Items] | |
Incremental borrowing rate | 7.00% |
Ground Lease One Under Operating Lease [Member] | |
Lessee Lease Description [Line Items] | |
Lease renewal term | 99 years |
Ground Lease Two Under Operating Lease [Member] | |
Lessee Lease Description [Line Items] | |
Lease renewal term | 10 years |
Leases - Schedule of Future Lea
Leases - Schedule of Future Lease Payments Due Under Ground Leases (Detail) $ in Thousands | Dec. 31, 2019USD ($) |
Operating Leases | |
2020 | $ 3,916 |
2021 | 3,977 |
2022 | 4,088 |
2023 | 4,127 |
2024 | 4,180 |
Thereafter | 603,041 |
Total undiscounted future lease payments | 623,329 |
Difference between undiscounted cash flows and discounted cash flows | (540,449) |
Total lease liability | 82,880 |
Financing Leases | |
2020 | 2,991 |
2021 | 3,081 |
2022 | 3,174 |
2023 | 3,269 |
2024 | 3,367 |
Thereafter | 330,544 |
Total undiscounted future lease payments | 346,426 |
Difference between undiscounted cash flows and discounted cash flows | (289,668) |
Total lease liability | $ 56,758 |
Leases - Summary of Future Leas
Leases - Summary of Future Lease Payments Due under Ground Leases (Detail) $ in Thousands | Dec. 31, 2018USD ($) |
Leases [Abstract] | |
2019 | $ 1,470 |
2020 | 1,508 |
2021 | 1,547 |
2022 | 1,586 |
2023 | 1,622 |
Thereafter | 460,055 |
Total | $ 467,788 |
Leases - Summary of Fixed and V
Leases - Summary of Fixed and Variable Components of Operating Leases (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Leases [Abstract] | |||
Fixed ground rent expense | $ 2,042 | $ 256 | $ 160 |
Variable ground rent expense | 81 | 420 | 132 |
Total cash portion of ground rent expense | 2,123 | 676 | 292 |
Non-cash ground rent expense | 4,892 | 1,458 | 151 |
Total operating lease costs | $ 7,015 | $ 2,134 | $ 443 |
Leases - Summary of Fixed and_2
Leases - Summary of Fixed and Variable Components of Financing Leases (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2019USD ($) | |
Leases [Abstract] | |
Interest on lease liabilities | $ 2,228 |
Amortization of right-of-use assets | 748 |
Total financing lease costs | $ 2,976 |
Leases - Schedule of Components
Leases - Schedule of Components of Operating Lease Income from Leases (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Operating Leases Lease Income [Abstract] | |||
Fixed lease payments | $ 1,073,562 | $ 494,519 | $ 110,429 |
Variable lease payments | 128,051 | 64,145 | 10,952 |
Rental revenue | $ 1,201,613 | $ 558,664 | $ 121,381 |
Leases - Schedule of Future Min
Leases - Schedule of Future Minimum Rental Income (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Leases [Abstract] | ||
2020 | $ 834,551 | |
2021 | 779,973 | |
2022 | 698,106 | |
2023 | 609,287 | |
2024 | 530,915 | |
Thereafter | 9,366,852 | |
Total | $ 12,819,684 | |
2019 | $ 238,043 | |
2020 | 215,327 | |
2021 | 185,419 | |
2022 | 144,186 | |
2023 | 102,609 | |
Thereafter | 285,981 | |
Total | $ 1,171,565 |
Segment Reporting - Additional
Segment Reporting - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2019Segment | |
Segment Reporting [Abstract] | |
Number of reportable segments | 8 |
Segment Reporting - Summary of
Segment Reporting - Summary of Total Assets by Segment (Detail) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 |
Segment Reporting Information [Line Items] | ||
Total assets | $ 33,039,823 | $ 13,237,158 |
Industrial [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 10,564,172 | 3,966,796 |
Multifamily [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 9,695,916 | 5,396,457 |
Net Lease [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 4,271,196 | |
Hotel [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 2,427,554 | 1,268,992 |
Retail [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 419,198 | 136,273 |
Office [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 138,912 | |
Other Properties [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 145,411 | |
Real Estate Debt [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | 4,565,385 | 2,281,033 |
Other (Corporate) [Member] | ||
Segment Reporting Information [Line Items] | ||
Total assets | $ 812,079 | $ 187,607 |
Segment Reporting - Summary o_2
Segment Reporting - Summary of Financial Results by Segment (Detail) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||||||
Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Revenues: | |||||||||||||||
Total revenues | $ 596,840 | $ 438,033 | $ 354,308 | $ 297,091 | $ 261,186 | $ 200,162 | $ 152,226 | $ 109,684 | $ 78,245 | $ 48,904 | $ 28,339 | $ 2,444 | $ 1,686,272 | $ 723,258 | $ 157,932 |
Expenses: | |||||||||||||||
Total expenses | 774,676 | 340,341 | 71,532 | ||||||||||||
Income from real estate debt | 213,062 | 55,323 | 17,749 | ||||||||||||
Segment net operating income | 1,124,658 | 438,240 | 104,149 | ||||||||||||
Depreciation and amortization | (824,039) | (406,295) | (121,793) | ||||||||||||
Other income (expense): | |||||||||||||||
General and administrative | (18,170) | (10,982) | (7,692) | ||||||||||||
Management fee | (108,115) | (42,659) | (8,867) | ||||||||||||
Performance participation allocation | (141,396) | (37,484) | (16,974) | ||||||||||||
Net gain on disposition of real estate | 35,035 | ||||||||||||||
Interest income | 3,041 | 410 | 454 | ||||||||||||
Interest expense | (487,517) | (233,184) | (36,884) | ||||||||||||
Other income (expense) | 2,260 | 489 | 57 | ||||||||||||
Net loss | (184,869) | (126,494) | (52,784) | (50,096) | (131,120) | (58,763) | (51,944) | (49,638) | (37,735) | (31,847) | (16,701) | (1,267) | (414,243) | (291,465) | (87,550) |
Net loss attributable to non-controlling interests in third party joint ventures | 5,671 | 6,188 | 1,292 | ||||||||||||
Net loss attributable to non-controlling interests in BREIT OP | 6,801 | 4,221 | |||||||||||||
Net loss attributable to BREIT stockholders | $ (181,050) | $ (123,171) | $ (50,704) | $ (46,846) | $ (125,359) | $ (57,667) | $ (50,482) | $ (47,548) | $ (36,565) | $ (31,725) | $ (16,701) | $ (1,267) | (401,771) | (281,056) | (86,258) |
Industrial [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 464,251 | 203,662 | 30,858 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 137,401 | 62,824 | 9,265 | ||||||||||||
Segment net operating income | 326,850 | 140,838 | 21,593 | ||||||||||||
Depreciation and amortization | (291,940) | (116,206) | (17,063) | ||||||||||||
Multifamily [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 712,513 | 368,564 | 92,911 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 322,773 | 176,800 | 40,831 | ||||||||||||
Segment net operating income | 389,740 | 191,764 | 52,080 | ||||||||||||
Depreciation and amortization | (427,209) | (257,201) | (96,732) | ||||||||||||
Net Lease [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 42,317 | ||||||||||||||
Expenses: | |||||||||||||||
Segment net operating income | 42,317 | ||||||||||||||
Depreciation and amortization | (14,858) | ||||||||||||||
Hotel [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 441,750 | 140,918 | 29,916 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 304,710 | 97,248 | 20,417 | ||||||||||||
Segment net operating income | 137,040 | 43,670 | 9,499 | ||||||||||||
Depreciation and amortization | (72,765) | (27,944) | (6,071) | ||||||||||||
Retail [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 16,267 | 10,114 | 4,247 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 5,539 | 3,469 | 1,019 | ||||||||||||
Segment net operating income | 10,728 | 6,645 | 3,228 | ||||||||||||
Depreciation and amortization | (8,640) | (4,944) | (1,927) | ||||||||||||
Office [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 2,205 | ||||||||||||||
Expenses: | |||||||||||||||
Total expenses | 799 | ||||||||||||||
Segment net operating income | 1,406 | ||||||||||||||
Depreciation and amortization | (1,253) | ||||||||||||||
Other Properties [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 6,969 | ||||||||||||||
Expenses: | |||||||||||||||
Total expenses | 3,454 | ||||||||||||||
Segment net operating income | 3,515 | ||||||||||||||
Depreciation and amortization | (7,374) | ||||||||||||||
Real Estate Debt [Member] | |||||||||||||||
Expenses: | |||||||||||||||
Income from real estate debt | 213,062 | 55,323 | 17,749 | ||||||||||||
Segment net operating income | 213,062 | 55,323 | 17,749 | ||||||||||||
Rental Property [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 1,201,613 | 558,664 | 121,381 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 469,966 | 243,093 | 51,115 | ||||||||||||
Rental Property [Member] | Industrial [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 461,939 | 203,084 | 30,846 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 137,401 | 62,824 | 9,265 | ||||||||||||
Rental Property [Member] | Multifamily [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 673,173 | 345,619 | 86,322 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 322,773 | 176,800 | 40,831 | ||||||||||||
Rental Property [Member] | Net Lease [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 42,317 | ||||||||||||||
Rental Property [Member] | Retail [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 15,869 | 9,961 | 4,213 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 5,539 | 3,469 | 1,019 | ||||||||||||
Rental Property [Member] | Office [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 2,124 | ||||||||||||||
Expenses: | |||||||||||||||
Total expenses | 799 | ||||||||||||||
Rental Property [Member] | Other Properties [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 6,191 | ||||||||||||||
Expenses: | |||||||||||||||
Total expenses | 3,454 | ||||||||||||||
Hotel [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 432,892 | 138,433 | 29,916 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 304,710 | 97,248 | 20,417 | ||||||||||||
Hotel [Member] | Hotel [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 432,892 | 138,433 | 29,916 | ||||||||||||
Expenses: | |||||||||||||||
Total expenses | 304,710 | 97,248 | 20,417 | ||||||||||||
Other Revenue [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 51,767 | 26,161 | 6,635 | ||||||||||||
Other Revenue [Member] | Industrial [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 2,312 | 578 | 12 | ||||||||||||
Other Revenue [Member] | Multifamily [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 39,340 | 22,945 | 6,589 | ||||||||||||
Other Revenue [Member] | Hotel [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 8,858 | 2,485 | |||||||||||||
Other Revenue [Member] | Retail [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 398 | $ 153 | $ 34 | ||||||||||||
Other Revenue [Member] | Office [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | 81 | ||||||||||||||
Other Revenue [Member] | Other Properties [Member] | |||||||||||||||
Revenues: | |||||||||||||||
Total revenues | $ 778 |
Quarterly Financial Informati_3
Quarterly Financial Information (Unaudited) - Schedule of Quarterly Financial Information (Detail) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||||||
Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Quarterly Financial Information Disclosure [Abstract] | |||||||||||||||
Total revenues | $ 596,840 | $ 438,033 | $ 354,308 | $ 297,091 | $ 261,186 | $ 200,162 | $ 152,226 | $ 109,684 | $ 78,245 | $ 48,904 | $ 28,339 | $ 2,444 | $ 1,686,272 | $ 723,258 | $ 157,932 |
Net loss | (184,869) | (126,494) | (52,784) | (50,096) | (131,120) | (58,763) | (51,944) | (49,638) | (37,735) | (31,847) | (16,701) | (1,267) | (414,243) | (291,465) | (87,550) |
Net loss attributable to BREIT stockholders | $ (181,050) | $ (123,171) | $ (50,704) | $ (46,846) | $ (125,359) | $ (57,667) | $ (50,482) | $ (47,548) | $ (36,565) | $ (31,725) | $ (16,701) | $ (1,267) | $ (401,771) | $ (281,056) | $ (86,258) |
Net loss per share of common stock — basic and diluted | $ (0.17) | $ (0.15) | $ (0.08) | $ (0.10) | $ (0.30) | $ (0.17) | $ (0.19) | $ (0.23) | $ (0.24) | $ (0.28) | $ (0.22) | $ (0.03) | $ (0.54) | $ (0.91) | $ (0.90) |
Subsequent Events - Additional
Subsequent Events - Additional Information (Detail) $ in Thousands | Mar. 24, 2020USD ($)Transactionshares | Mar. 24, 2020USD ($)Transactionshares | Dec. 31, 2019USD ($)shares | Dec. 31, 2018USD ($)shares | Dec. 31, 2017USD ($) |
Subsequent Event [Line Items] | |||||
Proceeds from issuance of common stock | $ | $ 7,431,641 | $ 2,701,651 | $ 1,718,992 | ||
Class S Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 530,813,000 | 276,989,000 | |||
Class I Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 474,279,000 | 108,261,000 | |||
Class D Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 84,657,000 | 30,375,000 | |||
Class T Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 39,767,000 | 23,313,000 | |||
Subsequent Event [Member] | |||||
Subsequent Event [Line Items] | |||||
Aggregate payments to acquire real estate, exclusive of closing costs | $ | $ 2,700,000 | ||||
Number of separate transaction in real estate acquisition | Transaction | 8 | 8 | |||
Aggregate payment to acquire real estate debt | $ | $ 482,100 | ||||
Common stock, shares issued | 1,588,293,255 | 1,588,293,255 | |||
Proceeds from issuance of common stock | $ | $ 17,500,000 | ||||
Subsequent Event [Member] | Class S Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 643,054,511 | 643,054,511 | |||
Subsequent Event [Member] | Class I Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 798,498,578 | 798,498,578 | |||
Subsequent Event [Member] | Class D Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 100,029,913 | 100,029,913 | |||
Subsequent Event [Member] | Class T Shares [Member] | |||||
Subsequent Event [Line Items] | |||||
Common stock, shares issued | 46,710,253 | 46,710,253 | |||
Subsequent Event [Member] | MGM Grand and Mandalay Bay [Member] | |||||
Subsequent Event [Line Items] | |||||
Aggregate payments to acquire real estate, exclusive of closing costs | $ | $ 4,600,000 | ||||
Ownership interest | 49.90% | 49.90% | |||
Subsequent Event [Member] | MGM Grand and Mandalay Bay [Member] | MGM Growth Properties LLC [Member] | |||||
Subsequent Event [Line Items] | |||||
Ownership interest | 50.10% | 50.10% |
Real Estate and Accumulated D_2
Real Estate and Accumulated Depreciation - Schedule of Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | |
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,924,826 | ||
Initial Cost, Land and Land Improvements | 5,625,633 | ||
Initial Cost, Building and Building Improvements | 20,703,162 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 14,045 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 246,985 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,639,678 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,950,147 | ||
Total | 26,589,825 | ||
Accumulated Depreciation | (752,354) | $ (257,011) | $ (44,184) |
Industrial [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | 1,798,472 | ||
Initial Cost, Building and Building Improvements | 8,125,309 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 70,696 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,798,472 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,196,005 | ||
Total | 9,994,477 | ||
Accumulated Depreciation | (246,358) | ||
Industrial [Member] | Cold Storage Warehouse [Member] | Stockton, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | 14,488 | ||
Initial Cost, Building and Building Improvements | 50,262 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,488 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 50,262 | ||
Total | 64,750 | ||
Accumulated Depreciation | $ (2,891) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Cold Storage Warehouse [Member] | Union City, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,785 | ||
Initial Cost, Building and Building Improvements | 46,830 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 39 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,785 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 46,869 | ||
Total | 53,654 | ||
Accumulated Depreciation | $ (2,151) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Cold Storage Warehouse [Member] | Aberdeen, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,789 | ||
Initial Cost, Building and Building Improvements | 38,820 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,789 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 38,820 | ||
Total | 44,609 | ||
Accumulated Depreciation | $ (2,006) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Cold Storage Warehouse [Member] | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,134 | ||
Initial Cost, Building and Building Improvements | 30,130 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,528 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,134 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,658 | ||
Total | 34,792 | ||
Accumulated Depreciation | $ (1,829) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Cold Storage Warehouse [Member] | Austin, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,132 | ||
Initial Cost, Building and Building Improvements | 19,010 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,532 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,132 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,542 | ||
Total | 24,674 | ||
Accumulated Depreciation | $ (894) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Cold Storage Warehouse [Member] | Stockton, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,287 | ||
Initial Cost, Building and Building Improvements | 15,817 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,287 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,817 | ||
Total | 18,104 | ||
Accumulated Depreciation | $ (891) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Powered Shell Warehouse | Ashburn, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 25,563 | ||
Initial Cost, Land and Land Improvements | 12,796 | ||
Initial Cost, Building and Building Improvements | 24,209 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,796 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 24,209 | ||
Total | 37,005 | ||
Accumulated Depreciation | $ (326) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Ashburn, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 25,561 | ||
Initial Cost, Land and Land Improvements | 12,555 | ||
Initial Cost, Building and Building Improvements | 23,343 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,555 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,343 | ||
Total | 35,898 | ||
Accumulated Depreciation | $ (316) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Ashburn, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 18,676 | ||
Initial Cost, Land and Land Improvements | 12,475 | ||
Initial Cost, Building and Building Improvements | 23,205 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,475 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,205 | ||
Total | 35,680 | ||
Accumulated Depreciation | $ (314) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Manassas, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 25,347 | ||
Initial Cost, Land and Land Improvements | 4,807 | ||
Initial Cost, Building and Building Improvements | 36,314 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,807 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 36,314 | ||
Total | 41,121 | ||
Accumulated Depreciation | $ (491) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Manassas, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 17,378 | ||
Initial Cost, Land and Land Improvements | 3,342 | ||
Initial Cost, Building and Building Improvements | 25,131 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,342 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 25,131 | ||
Total | 28,473 | ||
Accumulated Depreciation | $ (341) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Manassas, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,739 | ||
Initial Cost, Land and Land Improvements | 4,842 | ||
Initial Cost, Building and Building Improvements | 36,535 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,842 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 36,535 | ||
Total | 41,377 | ||
Accumulated Depreciation | $ (494) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Manassas, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 17,336 | ||
Initial Cost, Land and Land Improvements | 3,184 | ||
Initial Cost, Building and Building Improvements | 23,956 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,184 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,956 | ||
Total | 27,140 | ||
Accumulated Depreciation | $ (325) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Sterling, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 24,270 | ||
Initial Cost, Land and Land Improvements | 12,955 | ||
Initial Cost, Building and Building Improvements | 23,239 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,955 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,239 | ||
Total | 36,194 | ||
Accumulated Depreciation | $ (43) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Powered Shell Warehouse | Sterling, VA [Member} | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 24,630 | ||
Initial Cost, Land and Land Improvements | 12,999 | ||
Initial Cost, Building and Building Improvements | 23,318 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,999 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,318 | ||
Total | 36,317 | ||
Accumulated Depreciation | $ (43) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stockton, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 10,079 | ||
Initial Cost, Building and Building Improvements | 21,240 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 482 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,079 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,722 | ||
Total | 31,801 | ||
Accumulated Depreciation | $ (2,538) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Stockton, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 11,025 | ||
Initial Cost, Building and Building Improvements | 73,084 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,025 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 73,084 | ||
Total | 84,109 | ||
Accumulated Depreciation | $ (2,653) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Alpharetta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 998 | ||
Initial Cost, Building and Building Improvements | 7,705 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 998 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,722 | ||
Total | 8,720 | ||
Accumulated Depreciation | $ (600) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Lithia Springs, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,105 | ||
Initial Cost, Building and Building Improvements | 8,687 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,105 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,687 | ||
Total | 9,792 | ||
Accumulated Depreciation | $ (792) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Austell, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,344 | ||
Initial Cost, Building and Building Improvements | 97,862 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,343 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,344 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 99,205 | ||
Total | 104,549 | ||
Accumulated Depreciation | $ (8,439) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Austell, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,336 | ||
Initial Cost, Building and Building Improvements | 5,478 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 171 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,336 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,649 | ||
Total | 6,985 | ||
Accumulated Depreciation | $ (596) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Austell, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,342 | ||
Initial Cost, Building and Building Improvements | 5,761 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 174 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,342 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,935 | ||
Total | 7,277 | ||
Accumulated Depreciation | $ (649) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Lombard, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 483 | ||
Initial Cost, Building and Building Improvements | 3,489 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 46 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 483 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,535 | ||
Total | 4,018 | ||
Accumulated Depreciation | $ (299) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Glendale Heights, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Carol Stream, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,184 | ||
Initial Cost, Building and Building Improvements | 4,511 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,184 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,511 | ||
Total | 5,695 | ||
Accumulated Depreciation | $ (415) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Elgin, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 620 | ||
Initial Cost, Building and Building Improvements | 2,733 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 74 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 620 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,807 | ||
Total | 3,427 | ||
Accumulated Depreciation | $ (260) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Romeoville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Elgin, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,118 | ||
Initial Cost, Building and Building Improvements | 5,172 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 41 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,118 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,213 | ||
Total | 6,331 | ||
Accumulated Depreciation | $ (418) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Libertyville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 850 | ||
Initial Cost, Building and Building Improvements | 4,340 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 63 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 850 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,403 | ||
Total | 5,253 | ||
Accumulated Depreciation | $ (435) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Carol Stream, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 757 | ||
Initial Cost, Building and Building Improvements | 6,727 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 757 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,727 | ||
Total | 7,484 | ||
Accumulated Depreciation | $ (543) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Addison, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 858 | ||
Initial Cost, Building and Building Improvements | 5,683 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,995 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 858 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,678 | ||
Total | 8,536 | ||
Accumulated Depreciation | $ (527) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Carol Stream, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 837 | ||
Initial Cost, Building and Building Improvements | 5,902 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 25 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 837 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,927 | ||
Total | 6,764 | ||
Accumulated Depreciation | $ (506) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Bensenville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,001 | ||
Initial Cost, Building and Building Improvements | 7,908 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 303 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,001 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,211 | ||
Total | 9,212 | ||
Accumulated Depreciation | $ (655) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Glendale Heights, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 416 | ||
Initial Cost, Building and Building Improvements | 2,837 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 416 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,837 | ||
Total | 3,253 | ||
Accumulated Depreciation | $ (249) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Roselle, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,166 | ||
Initial Cost, Building and Building Improvements | 6,812 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,166 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,812 | ||
Total | 7,978 | ||
Accumulated Depreciation | $ (601) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Hanover Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,090 | ||
Initial Cost, Building and Building Improvements | 5,342 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,090 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,342 | ||
Total | 6,432 | ||
Accumulated Depreciation | $ (498) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Bolingbrook, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,892 | ||
Initial Cost, Building and Building Improvements | 4,023 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 65 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,892 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,088 | ||
Total | 5,980 | ||
Accumulated Depreciation | $ (408) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Bolingbrook, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,313 | ||
Initial Cost, Building and Building Improvements | 9,953 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 135 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,313 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,088 | ||
Total | 12,401 | ||
Accumulated Depreciation | $ (918) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Romeoville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 860 | ||
Initial Cost, Building and Building Improvements | 4,193 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 860 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,193 | ||
Total | 5,053 | ||
Accumulated Depreciation | $ (336) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 632 | ||
Initial Cost, Building and Building Improvements | 2,404 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 40 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 632 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,444 | ||
Total | 3,076 | ||
Accumulated Depreciation | $ (213) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 707 | ||
Initial Cost, Building and Building Improvements | 4,911 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 707 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,911 | ||
Total | 5,618 | ||
Accumulated Depreciation | $ (430) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Mechanicsburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,467 | ||
Initial Cost, Building and Building Improvements | 21,649 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,467 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,649 | ||
Total | 23,116 | ||
Accumulated Depreciation | $ (1,804) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Middletown, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 866 | ||
Initial Cost, Building and Building Improvements | 12,492 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 866 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,492 | ||
Total | 13,358 | ||
Accumulated Depreciation | $ (1,016) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Mechanicsburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 399 | ||
Initial Cost, Building and Building Improvements | 2,984 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 399 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,989 | ||
Total | 3,388 | ||
Accumulated Depreciation | $ (310) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,027 | ||
Initial Cost, Building and Building Improvements | 5,762 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,027 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,762 | ||
Total | 6,789 | ||
Accumulated Depreciation | $ (587) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 863 | ||
Initial Cost, Building and Building Improvements | 4,453 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 366 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 863 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,819 | ||
Total | 5,682 | ||
Accumulated Depreciation | $ (435) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,052 | ||
Initial Cost, Building and Building Improvements | 6,266 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 30 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,052 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,296 | ||
Total | 7,348 | ||
Accumulated Depreciation | $ (608) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 937 | ||
Initial Cost, Building and Building Improvements | 5,149 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 20 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 937 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,169 | ||
Total | 6,106 | ||
Accumulated Depreciation | $ (453) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 590 | ||
Initial Cost, Building and Building Improvements | 4,064 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 590 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,064 | ||
Total | 4,654 | ||
Accumulated Depreciation | $ (320) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,662 | ||
Initial Cost, Building and Building Improvements | 11,944 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 196 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,662 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,140 | ||
Total | 13,802 | ||
Accumulated Depreciation | $ (1,002) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,645 | ||
Initial Cost, Building and Building Improvements | 12,220 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 74 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,645 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,294 | ||
Total | 13,939 | ||
Accumulated Depreciation | $ (971) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,294 | ||
Initial Cost, Building and Building Improvements | 8,167 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 27 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,294 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,194 | ||
Total | 9,488 | ||
Accumulated Depreciation | $ (658) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,149 | ||
Initial Cost, Building and Building Improvements | 5,722 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,149 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,722 | ||
Total | 6,871 | ||
Accumulated Depreciation | $ (505) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,178 | ||
Initial Cost, Building and Building Improvements | 7,461 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 237 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,178 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,698 | ||
Total | 8,876 | ||
Accumulated Depreciation | $ (613) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Allen, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 807 | ||
Initial Cost, Building and Building Improvements | 5,147 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 19 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 807 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,166 | ||
Total | 5,973 | ||
Accumulated Depreciation | $ (506) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Allen, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 743 | ||
Initial Cost, Building and Building Improvements | 4,645 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 148 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 743 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,793 | ||
Total | 5,536 | ||
Accumulated Depreciation | $ (443) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Allen, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 924 | ||
Initial Cost, Building and Building Improvements | 5,866 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 924 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,866 | ||
Total | 6,790 | ||
Accumulated Depreciation | $ (551) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,232 | ||
Initial Cost, Building and Building Improvements | 2,755 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,232 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,758 | ||
Total | 3,990 | ||
Accumulated Depreciation | $ (239) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,767 | ||
Initial Cost, Building and Building Improvements | 4,676 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 62 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,767 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,738 | ||
Total | 6,505 | ||
Accumulated Depreciation | $ (352) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,223 | ||
Initial Cost, Building and Building Improvements | 4,180 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 6 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,223 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,186 | ||
Total | 7,409 | ||
Accumulated Depreciation | $ (396) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,093 | ||
Initial Cost, Building and Building Improvements | 4,074 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 23 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,093 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,097 | ||
Total | 5,190 | ||
Accumulated Depreciation | $ (306) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,101 | ||
Initial Cost, Building and Building Improvements | 1,674 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 59 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,101 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,733 | ||
Total | 2,834 | ||
Accumulated Depreciation | $ (142) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,170 | ||
Initial Cost, Building and Building Improvements | 1,900 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,170 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,905 | ||
Total | 3,075 | ||
Accumulated Depreciation | $ (164) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,219 | ||
Initial Cost, Building and Building Improvements | 5,936 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 33 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,219 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,969 | ||
Total | 10,188 | ||
Accumulated Depreciation | $ (438) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,725 | ||
Initial Cost, Building and Building Improvements | 6,013 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,725 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,020 | ||
Total | 10,745 | ||
Accumulated Depreciation | $ (456) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,131 | ||
Initial Cost, Building and Building Improvements | 2,408 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 6 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,131 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,414 | ||
Total | 4,545 | ||
Accumulated Depreciation | $ (207) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,194 | ||
Initial Cost, Building and Building Improvements | 8,677 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,194 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,684 | ||
Total | 12,878 | ||
Accumulated Depreciation | $ (655) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Marietta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,348 | ||
Initial Cost, Building and Building Improvements | 4,339 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,348 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,339 | ||
Total | 5,687 | ||
Accumulated Depreciation | $ (176) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 843 | ||
Initial Cost, Building and Building Improvements | 1,375 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 8 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 843 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,383 | ||
Total | 2,226 | ||
Accumulated Depreciation | $ (128) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Roswell, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,422 | ||
Initial Cost, Building and Building Improvements | 7,407 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,422 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,407 | ||
Total | 8,829 | ||
Accumulated Depreciation | $ (348) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Marietta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,604 | ||
Initial Cost, Building and Building Improvements | 5,329 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 146 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,604 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,475 | ||
Total | 7,079 | ||
Accumulated Depreciation | $ (232) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Marietta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 968 | ||
Initial Cost, Building and Building Improvements | 4,017 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 968 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,017 | ||
Total | 4,985 | ||
Accumulated Depreciation | $ (148) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,052 | ||
Initial Cost, Building and Building Improvements | 15,804 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 119 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,052 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,923 | ||
Total | 18,975 | ||
Accumulated Depreciation | $ (552) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 930 | ||
Initial Cost, Building and Building Improvements | 200 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 403 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 930 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 603 | ||
Total | 1,533 | ||
Accumulated Depreciation | $ (15) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,658 | ||
Initial Cost, Building and Building Improvements | 13,081 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,658 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,081 | ||
Total | 15,739 | ||
Accumulated Depreciation | $ (476) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,703 | ||
Initial Cost, Building and Building Improvements | 4,155 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,703 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,162 | ||
Total | 5,865 | ||
Accumulated Depreciation | $ (136) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Olive Branch, MS | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,111 | ||
Initial Cost, Building and Building Improvements | 8,074 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,111 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,074 | ||
Total | 10,185 | ||
Accumulated Depreciation | $ (312) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,879 | ||
Initial Cost, Building and Building Improvements | 18,428 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3,949 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,879 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 22,377 | ||
Total | 28,256 | ||
Accumulated Depreciation | $ (705) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 404 | ||
Initial Cost, Building and Building Improvements | 1,747 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 517 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 404 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,264 | ||
Total | 2,668 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL {Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,120 | ||
Initial Cost, Building and Building Improvements | 19,411 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,120 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,411 | ||
Total | 23,531 | ||
Accumulated Depreciation | $ (690) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,676 | ||
Initial Cost, Building and Building Improvements | 4,982 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,676 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,982 | ||
Total | 6,658 | ||
Accumulated Depreciation | $ (204) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,735 | ||
Initial Cost, Building and Building Improvements | 9,996 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,348 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,735 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,344 | ||
Total | 14,079 | ||
Accumulated Depreciation | $ (387) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL {Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,628 | ||
Initial Cost, Building and Building Improvements | 7,773 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,628 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,773 | ||
Total | 9,401 | ||
Accumulated Depreciation | $ (261) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | La Vergne, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,857 | ||
Initial Cost, Building and Building Improvements | 11,214 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 144 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,857 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,358 | ||
Total | 14,215 | ||
Accumulated Depreciation | $ (447) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,398 | ||
Initial Cost, Building and Building Improvements | 5,742 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 64 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,398 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,806 | ||
Total | 8,204 | ||
Accumulated Depreciation | $ (192) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,461 | ||
Initial Cost, Building and Building Improvements | 6,351 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 21 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,461 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,372 | ||
Total | 8,833 | ||
Accumulated Depreciation | $ (209) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,011 | ||
Initial Cost, Building and Building Improvements | 6,953 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 57 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,011 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,010 | ||
Total | 10,021 | ||
Accumulated Depreciation | $ (234) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,628 | ||
Initial Cost, Building and Building Improvements | 3,619 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,628 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,624 | ||
Total | 5,252 | ||
Accumulated Depreciation | $ (123) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,260 | ||
Initial Cost, Building and Building Improvements | 4,504 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 407 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,260 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,911 | ||
Total | 7,171 | ||
Accumulated Depreciation | $ (156) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,819 | ||
Initial Cost, Building and Building Improvements | 6,452 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 721 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,819 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,173 | ||
Total | 8,992 | ||
Accumulated Depreciation | $ (267) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | La Vergne, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,425 | ||
Initial Cost, Building and Building Improvements | 19,245 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,425 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,245 | ||
Total | 24,670 | ||
Accumulated Depreciation | $ (955) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,100 | ||
Initial Cost, Building and Building Improvements | 3,028 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,100 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,028 | ||
Total | 4,128 | ||
Accumulated Depreciation | $ (140) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 626 | ||
Initial Cost, Building and Building Improvements | 2,620 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 626 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,620 | ||
Total | 3,246 | ||
Accumulated Depreciation | $ (97) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,182 | ||
Initial Cost, Building and Building Improvements | 5,431 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,182 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,431 | ||
Total | 6,613 | ||
Accumulated Depreciation | $ (207) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 339 | ||
Initial Cost, Building and Building Improvements | 696 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 339 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 696 | ||
Total | 1,035 | ||
Accumulated Depreciation | $ (33) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,110 | ||
Initial Cost, Building and Building Improvements | 8,670 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 20 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,110 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,690 | ||
Total | 10,800 | ||
Accumulated Depreciation | $ (331) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 868 | ||
Initial Cost, Building and Building Improvements | 10,261 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 868 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,261 | ||
Total | 11,129 | ||
Accumulated Depreciation | $ (334) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Winston-Salem, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 954 | ||
Initial Cost, Building and Building Improvements | 4,952 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 954 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,952 | ||
Total | 5,906 | ||
Accumulated Depreciation | $ (195) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,894 | ||
Initial Cost, Building and Building Improvements | 18,533 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,894 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,533 | ||
Total | 23,427 | ||
Accumulated Depreciation | $ (666) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Newport News, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,085 | ||
Initial Cost, Building and Building Improvements | 6,140 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,085 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,140 | ||
Total | 7,225 | ||
Accumulated Depreciation | $ (223) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Port Wentworth, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 380 | ||
Initial Cost, Building and Building Improvements | 16,575 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 451 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 380 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,026 | ||
Total | 17,406 | ||
Accumulated Depreciation | $ (520) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Hampton, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,064 | ||
Initial Cost, Building and Building Improvements | 12,393 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,064 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,393 | ||
Total | 14,457 | ||
Accumulated Depreciation | $ (462) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Port Wentworth, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,739 | ||
Initial Cost, Building and Building Improvements | 23,769 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5,681 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,739 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 29,450 | ||
Total | 36,189 | ||
Accumulated Depreciation | $ (910) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,533 | ||
Initial Cost, Building and Building Improvements | 5,951 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,533 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,951 | ||
Total | 8,484 | ||
Accumulated Depreciation | $ (314) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 299 | ||
Initial Cost, Building and Building Improvements | 749 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 299 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 749 | ||
Total | 1,048 | ||
Accumulated Depreciation | $ (36) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,445 | ||
Initial Cost, Building and Building Improvements | 3,940 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,445 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,940 | ||
Total | 5,385 | ||
Accumulated Depreciation | $ (193) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 371 | ||
Initial Cost, Building and Building Improvements | 799 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 371 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 799 | ||
Total | 1,170 | ||
Accumulated Depreciation | $ (40) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,793 | ||
Initial Cost, Building and Building Improvements | 2,170 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,793 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,170 | ||
Total | 3,963 | ||
Accumulated Depreciation | $ (140) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,241 | ||
Initial Cost, Building and Building Improvements | 13,551 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 163 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,241 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,714 | ||
Total | 17,955 | ||
Accumulated Depreciation | $ (522) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Winston-Salem, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 510 | ||
Initial Cost, Building and Building Improvements | 3,338 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 510 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,338 | ||
Total | 3,848 | ||
Accumulated Depreciation | $ (121) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Winston-Salem, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 441 | ||
Initial Cost, Building and Building Improvements | 1,361 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 441 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,371 | ||
Total | 1,812 | ||
Accumulated Depreciation | $ (68) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Winston-Salem, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 857 | ||
Initial Cost, Building and Building Improvements | 6,272 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 857 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,272 | ||
Total | 7,129 | ||
Accumulated Depreciation | $ (230) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,284 | ||
Initial Cost, Building and Building Improvements | 6,592 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,284 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,592 | ||
Total | 7,876 | ||
Accumulated Depreciation | $ (257) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,096 | ||
Initial Cost, Building and Building Improvements | 9,351 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 18 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,096 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,369 | ||
Total | 10,465 | ||
Accumulated Depreciation | $ (324) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 689 | ||
Initial Cost, Building and Building Improvements | 3,167 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 689 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,167 | ||
Total | 3,856 | ||
Accumulated Depreciation | $ (125) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wesley Chapel, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,566 | ||
Initial Cost, Building and Building Improvements | 2,284 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 123 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,566 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,407 | ||
Total | 3,973 | ||
Accumulated Depreciation | $ (130) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wesley Chapel, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 277 | ||
Initial Cost, Building and Building Improvements | 3,914 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 277 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,914 | ||
Total | 4,191 | ||
Accumulated Depreciation | $ (136) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wesley Chapel, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 228 | ||
Initial Cost, Building and Building Improvements | 9,235 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 228 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,235 | ||
Total | 9,463 | ||
Accumulated Depreciation | $ (288) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Davenport, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,560 | ||
Initial Cost, Building and Building Improvements | 14,868 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 129 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,560 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,997 | ||
Total | 18,557 | ||
Accumulated Depreciation | $ (511) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Davenport, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,763 | ||
Initial Cost, Building and Building Improvements | 22,356 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,763 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 22,356 | ||
Total | 27,119 | ||
Accumulated Depreciation | $ (793) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Davenport, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,454 | ||
Initial Cost, Building and Building Improvements | 8,874 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 792 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,454 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,666 | ||
Total | 11,120 | ||
Accumulated Depreciation | $ (407) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,549 | ||
Initial Cost, Building and Building Improvements | 5,482 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,549 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,491 | ||
Total | 7,040 | ||
Accumulated Depreciation | $ (187) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wesley Chapel, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,283 | ||
Initial Cost, Building and Building Improvements | 5,023 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,283 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,023 | ||
Total | 6,306 | ||
Accumulated Depreciation | $ (191) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wesley Chapel, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,757 | ||
Initial Cost, Building and Building Improvements | 8,021 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,757 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,021 | ||
Total | 9,778 | ||
Accumulated Depreciation | $ (313) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,444 | ||
Initial Cost, Building and Building Improvements | 4,115 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 41 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,444 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,156 | ||
Total | 5,600 | ||
Accumulated Depreciation | $ (145) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,549 | ||
Initial Cost, Building and Building Improvements | 2,334 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,549 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,334 | ||
Total | 3,883 | ||
Accumulated Depreciation | $ (93) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Richmond, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 888 | ||
Initial Cost, Building and Building Improvements | 6,888 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 352 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 888 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,240 | ||
Total | 8,128 | ||
Accumulated Depreciation | $ (255) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Richmond, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,413 | ||
Initial Cost, Building and Building Improvements | 21,839 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,413 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,839 | ||
Total | 25,252 | ||
Accumulated Depreciation | $ (804) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,777 | ||
Initial Cost, Building and Building Improvements | 4,785 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,777 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,785 | ||
Total | 6,562 | ||
Accumulated Depreciation | $ (219) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,360 | ||
Initial Cost, Building and Building Improvements | 4,721 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,360 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,721 | ||
Total | 6,081 | ||
Accumulated Depreciation | $ (195) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,289 | ||
Initial Cost, Building and Building Improvements | 5,579 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,289 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,579 | ||
Total | 6,868 | ||
Accumulated Depreciation | $ (237) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,323 | ||
Initial Cost, Building and Building Improvements | 4,540 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,323 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,540 | ||
Total | 5,863 | ||
Accumulated Depreciation | $ (195) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,649 | ||
Initial Cost, Building and Building Improvements | 5,985 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,649 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,985 | ||
Total | 7,634 | ||
Accumulated Depreciation | $ (249) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Piedmont, SC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,165 | ||
Initial Cost, Building and Building Improvements | 4,802 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,165 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,811 | ||
Total | 5,976 | ||
Accumulated Depreciation | $ (196) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Rural Hall, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,226 | ||
Initial Cost, Building and Building Improvements | 8,023 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,184 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,226 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,207 | ||
Total | 10,433 | ||
Accumulated Depreciation | $ (339) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Raleigh, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 915 | ||
Initial Cost, Building and Building Improvements | 5,603 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 21 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 915 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,624 | ||
Total | 6,539 | ||
Accumulated Depreciation | $ (203) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Raleigh, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 749 | ||
Initial Cost, Building and Building Improvements | 6,459 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 749 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,459 | ||
Total | 7,208 | ||
Accumulated Depreciation | $ (234) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 437 | ||
Initial Cost, Building and Building Improvements | 1,577 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 64 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 437 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,641 | ||
Total | 2,078 | ||
Accumulated Depreciation | $ (78) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Rural Hall, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,432 | ||
Initial Cost, Building and Building Improvements | 8,694 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,432 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,694 | ||
Total | 10,126 | ||
Accumulated Depreciation | $ (339) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Sandston, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,799 | ||
Initial Cost, Building and Building Improvements | 9,087 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 125 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,799 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,212 | ||
Total | 11,011 | ||
Accumulated Depreciation | $ (357) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 302 | ||
Initial Cost, Building and Building Improvements | 3,195 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 302 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,195 | ||
Total | 3,497 | ||
Accumulated Depreciation | $ (106) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,312 | ||
Initial Cost, Building and Building Improvements | 5,978 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 52 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,312 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,030 | ||
Total | 8,342 | ||
Accumulated Depreciation | $ (279) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Richmond, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 515 | ||
Initial Cost, Building and Building Improvements | 5,380 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 19 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 515 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,399 | ||
Total | 5,914 | ||
Accumulated Depreciation | $ (253) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Rural Hall, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,971 | ||
Initial Cost, Building and Building Improvements | 9,903 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,971 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,903 | ||
Total | 11,874 | ||
Accumulated Depreciation | $ (401) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,207 | ||
Initial Cost, Building and Building Improvements | 6,846 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 51 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,207 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,897 | ||
Total | 9,104 | ||
Accumulated Depreciation | $ (306) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Sandston, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 897 | ||
Initial Cost, Building and Building Improvements | 3,903 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 897 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,903 | ||
Total | 4,800 | ||
Accumulated Depreciation | $ (153) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 973 | ||
Initial Cost, Building and Building Improvements | 5,466 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 973 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,466 | ||
Total | 6,439 | ||
Accumulated Depreciation | $ (205) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Rural Hall, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 416 | ||
Initial Cost, Building and Building Improvements | 2,489 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 416 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,489 | ||
Total | 2,905 | ||
Accumulated Depreciation | $ (103) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,163 | ||
Initial Cost, Building and Building Improvements | 5,239 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,163 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,239 | ||
Total | 6,402 | ||
Accumulated Depreciation | $ (195) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 748 | ||
Initial Cost, Building and Building Improvements | 4,333 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 748 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,333 | ||
Total | 5,081 | ||
Accumulated Depreciation | $ (166) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 674 | ||
Initial Cost, Building and Building Improvements | 2,730 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 674 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,730 | ||
Total | 3,404 | ||
Accumulated Depreciation | $ (115) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 840 | ||
Initial Cost, Building and Building Improvements | 4,012 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 840 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,012 | ||
Total | 4,852 | ||
Accumulated Depreciation | $ (156) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 389 | ||
Initial Cost, Building and Building Improvements | 2,574 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 15 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 389 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,589 | ||
Total | 2,978 | ||
Accumulated Depreciation | $ (95) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,607 | ||
Initial Cost, Building and Building Improvements | 10,097 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,334 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,607 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,431 | ||
Total | 15,038 | ||
Accumulated Depreciation | $ (450) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,074 | ||
Initial Cost, Building and Building Improvements | 4,347 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,074 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,347 | ||
Total | 5,421 | ||
Accumulated Depreciation | $ (199) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 368 | ||
Initial Cost, Building and Building Improvements | 2,026 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 368 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,028 | ||
Total | 2,396 | ||
Accumulated Depreciation | $ (79) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 336 | ||
Initial Cost, Building and Building Improvements | 1,763 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 336 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,763 | ||
Total | 2,099 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,757 | ||
Initial Cost, Building and Building Improvements | 5,480 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,757 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,480 | ||
Total | 8,237 | ||
Accumulated Depreciation | $ (281) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 733 | ||
Initial Cost, Building and Building Improvements | 4,521 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 25 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 733 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,546 | ||
Total | 5,279 | ||
Accumulated Depreciation | $ (164) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 562 | ||
Initial Cost, Building and Building Improvements | 2,308 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 562 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,308 | ||
Total | 2,870 | ||
Accumulated Depreciation | $ (97) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 397 | ||
Initial Cost, Building and Building Improvements | 2,235 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 397 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,235 | ||
Total | 2,632 | ||
Accumulated Depreciation | $ (99) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 429 | ||
Initial Cost, Building and Building Improvements | 2,046 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 4 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 429 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,050 | ||
Total | 2,479 | ||
Accumulated Depreciation | $ (89) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Norcross, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 563 | ||
Initial Cost, Building and Building Improvements | 875 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 83 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 563 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 958 | ||
Total | 1,521 | ||
Accumulated Depreciation | $ (56) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,060 | ||
Initial Cost, Building and Building Improvements | 6,344 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 507 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,060 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,851 | ||
Total | 8,911 | ||
Accumulated Depreciation | $ (343) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,839 | ||
Initial Cost, Building and Building Improvements | 8,067 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,839 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,067 | ||
Total | 9,906 | ||
Accumulated Depreciation | $ (399) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,168 | ||
Initial Cost, Building and Building Improvements | 7,233 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 53 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,168 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,286 | ||
Total | 8,454 | ||
Accumulated Depreciation | $ (277) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 601 | ||
Initial Cost, Building and Building Improvements | 3,495 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 601 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,495 | ||
Total | 4,096 | ||
Accumulated Depreciation | $ (130) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Richmond, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,464 | ||
Initial Cost, Building and Building Improvements | 11,053 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,464 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,053 | ||
Total | 12,517 | ||
Accumulated Depreciation | $ (403) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Kissimmee, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 212 | ||
Initial Cost, Building and Building Improvements | 9,857 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 212 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,857 | ||
Total | 10,069 | ||
Accumulated Depreciation | $ (330) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,505 | ||
Initial Cost, Building and Building Improvements | 15,947 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,505 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,947 | ||
Total | 18,452 | ||
Accumulated Depreciation | $ (578) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,684 | ||
Initial Cost, Building and Building Improvements | 18,694 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,684 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,694 | ||
Total | 22,378 | ||
Accumulated Depreciation | $ (705) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 610 | ||
Initial Cost, Building and Building Improvements | 4,613 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 610 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,613 | ||
Total | 5,223 | ||
Accumulated Depreciation | $ (163) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 954 | ||
Initial Cost, Building and Building Improvements | 2,593 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 954 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,603 | ||
Total | 3,557 | ||
Accumulated Depreciation | $ (86) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 879 | ||
Initial Cost, Building and Building Improvements | 3,391 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 879 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,391 | ||
Total | 4,270 | ||
Accumulated Depreciation | $ (131) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Conyers, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 634 | ||
Initial Cost, Building and Building Improvements | 4,435 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 634 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,435 | ||
Total | 5,069 | ||
Accumulated Depreciation | $ (158) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 505 | ||
Initial Cost, Building and Building Improvements | 3,056 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 505 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,061 | ||
Total | 3,566 | ||
Accumulated Depreciation | $ (111) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 418 | ||
Initial Cost, Building and Building Improvements | 4,462 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 418 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,462 | ||
Total | 4,880 | ||
Accumulated Depreciation | $ (154) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 634 | ||
Initial Cost, Building and Building Improvements | 6,064 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 634 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,064 | ||
Total | 6,698 | ||
Accumulated Depreciation | $ (204) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,199 | ||
Initial Cost, Building and Building Improvements | 3,713 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 230 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,199 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,943 | ||
Total | 5,142 | ||
Accumulated Depreciation | $ (158) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 762 | ||
Initial Cost, Building and Building Improvements | 3,039 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 762 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,039 | ||
Total | 3,801 | ||
Accumulated Depreciation | $ (101) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,167 | ||
Initial Cost, Building and Building Improvements | 4,070 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,167 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,070 | ||
Total | 5,237 | ||
Accumulated Depreciation | $ (153) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Mechanicsburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,184 | ||
Initial Cost, Building and Building Improvements | 10,393 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 858 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,184 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,251 | ||
Total | 12,435 | ||
Accumulated Depreciation | $ (358) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Roseville State, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,174 | ||
Initial Cost, Building and Building Improvements | 5,598 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,174 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,598 | ||
Total | 6,772 | ||
Accumulated Depreciation | $ (136) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,828 | ||
Initial Cost, Building and Building Improvements | 5,281 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 77 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,828 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,358 | ||
Total | 7,186 | ||
Accumulated Depreciation | $ (158) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | St. Paul, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,780 | ||
Initial Cost, Building and Building Improvements | 4,330 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,780 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,330 | ||
Total | 7,110 | ||
Accumulated Depreciation | $ (120) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,088 | ||
Initial Cost, Building and Building Improvements | 6,555 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,088 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,555 | ||
Total | 8,643 | ||
Accumulated Depreciation | $ (194) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,231 | ||
Initial Cost, Building and Building Improvements | 4,252 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,231 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,252 | ||
Total | 5,483 | ||
Accumulated Depreciation | $ (106) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,385 | ||
Initial Cost, Building and Building Improvements | 5,934 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,385 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,934 | ||
Total | 7,319 | ||
Accumulated Depreciation | $ (346) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,062 | ||
Initial Cost, Building and Building Improvements | 6,553 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 18 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,062 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,571 | ||
Total | 8,633 | ||
Accumulated Depreciation | $ (160) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 431 | ||
Initial Cost, Building and Building Improvements | 1,927 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 431 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,927 | ||
Total | 2,358 | ||
Accumulated Depreciation | $ (58) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 362 | ||
Initial Cost, Building and Building Improvements | 4,054 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 362 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,054 | ||
Total | 4,416 | ||
Accumulated Depreciation | $ (105) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,611 | ||
Initial Cost, Building and Building Improvements | 3,909 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 130 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,611 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,039 | ||
Total | 5,650 | ||
Accumulated Depreciation | $ (117) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,111 | ||
Initial Cost, Building and Building Improvements | 2,811 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,111 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,811 | ||
Total | 3,922 | ||
Accumulated Depreciation | $ (77) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 790 | ||
Initial Cost, Building and Building Improvements | 2,478 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 790 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,478 | ||
Total | 3,268 | ||
Accumulated Depreciation | $ (67) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 664 | ||
Initial Cost, Building and Building Improvements | 2,690 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 664 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,690 | ||
Total | 3,354 | ||
Accumulated Depreciation | $ (64) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Brighton, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 537 | ||
Initial Cost, Building and Building Improvements | 1,508 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 537 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,508 | ||
Total | 2,045 | ||
Accumulated Depreciation | $ (36) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Golden Valley, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,466 | ||
Initial Cost, Building and Building Improvements | 10,577 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 40 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,466 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,617 | ||
Total | 12,083 | ||
Accumulated Depreciation | $ (275) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Golden Valley, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,176 | ||
Initial Cost, Building and Building Improvements | 1,789 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,176 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,789 | ||
Total | 3,965 | ||
Accumulated Depreciation | $ (76) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Brooklyn Park, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,616 | ||
Initial Cost, Building and Building Improvements | 10,434 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 39 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,616 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,473 | ||
Total | 13,089 | ||
Accumulated Depreciation | $ (302) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Minneapolis, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,721 | ||
Initial Cost, Building and Building Improvements | 9,283 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 36 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,721 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,319 | ||
Total | 12,040 | ||
Accumulated Depreciation | $ (215) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Brooklyn Park, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,505 | ||
Initial Cost, Building and Building Improvements | 3,969 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,505 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,969 | ||
Total | 5,474 | ||
Accumulated Depreciation | $ (111) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Crystal, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,859 | ||
Initial Cost, Building and Building Improvements | 6,354 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,859 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,354 | ||
Total | 8,213 | ||
Accumulated Depreciation | $ (179) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Brooklyn Center, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,679 | ||
Initial Cost, Building and Building Improvements | 4,694 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,679 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,694 | ||
Total | 6,373 | ||
Accumulated Depreciation | $ (125) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Memphis, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,110 | ||
Initial Cost, Building and Building Improvements | 5,437 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,110 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,437 | ||
Total | 7,547 | ||
Accumulated Depreciation | $ (305) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Minneapolis, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,010 | ||
Initial Cost, Building and Building Improvements | 10,777 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 54 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,010 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,831 | ||
Total | 14,841 | ||
Accumulated Depreciation | $ (272) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Blaine, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,378 | ||
Initial Cost, Building and Building Improvements | 2,723 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,378 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,723 | ||
Total | 5,101 | ||
Accumulated Depreciation | $ (77) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fridley, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,043 | ||
Initial Cost, Building and Building Improvements | 5,005 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,043 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,005 | ||
Total | 7,048 | ||
Accumulated Depreciation | $ (146) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Burnsville, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,729 | ||
Initial Cost, Building and Building Improvements | 3,780 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,729 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,780 | ||
Total | 5,509 | ||
Accumulated Depreciation | $ (107) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Burnsville, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,935 | ||
Initial Cost, Building and Building Improvements | 6,614 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,935 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,614 | ||
Total | 8,549 | ||
Accumulated Depreciation | $ (176) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Eagan, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,942 | ||
Initial Cost, Building and Building Improvements | 7,544 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 36 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,942 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,580 | ||
Total | 9,522 | ||
Accumulated Depreciation | $ (168) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Burnsville, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,094 | ||
Initial Cost, Building and Building Improvements | 3,017 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,094 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,017 | ||
Total | 4,111 | ||
Accumulated Depreciation | $ (80) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Burnsville, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,196 | ||
Initial Cost, Building and Building Improvements | 2,762 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,196 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,762 | ||
Total | 3,958 | ||
Accumulated Depreciation | $ (83) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Eagan, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,302 | ||
Initial Cost, Building and Building Improvements | 4,099 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,302 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,099 | ||
Total | 5,401 | ||
Accumulated Depreciation | $ (117) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Eagan, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,296 | ||
Initial Cost, Building and Building Improvements | 7,344 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 19 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,296 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,363 | ||
Total | 9,659 | ||
Accumulated Depreciation | $ (197) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Eagan, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,121 | ||
Initial Cost, Building and Building Improvements | 4,488 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 6 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,121 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,494 | ||
Total | 6,615 | ||
Accumulated Depreciation | $ (122) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Eagan, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,558 | ||
Initial Cost, Building and Building Improvements | 5,259 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,558 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,259 | ||
Total | 6,817 | ||
Accumulated Depreciation | $ (139) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Groveport, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,606 | ||
Initial Cost, Building and Building Improvements | 43,877 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 203 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,606 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 44,080 | ||
Total | 48,686 | ||
Accumulated Depreciation | $ (2,773) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Plainfield, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,956 | ||
Initial Cost, Building and Building Improvements | 30,461 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 203 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,956 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 30,664 | ||
Total | 35,620 | ||
Accumulated Depreciation | $ (1,708) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Addison, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,603 | ||
Initial Cost, Building and Building Improvements | 32,142 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 615 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,603 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 32,757 | ||
Total | 39,360 | ||
Accumulated Depreciation | $ (1,979) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Crest Hill, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,957 | ||
Initial Cost, Building and Building Improvements | 32,388 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,394 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,957 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 34,782 | ||
Total | 40,739 | ||
Accumulated Depreciation | $ (2,069) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Landover, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 9,479 | ||
Initial Cost, Building and Building Improvements | 24,030 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,227 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,479 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 25,257 | ||
Total | 34,736 | ||
Accumulated Depreciation | $ (1,474) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Northlake, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,898 | ||
Initial Cost, Building and Building Improvements | 34,109 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 203 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,898 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 34,312 | ||
Total | 38,210 | ||
Accumulated Depreciation | $ (1,935) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Glen Rock, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,792 | ||
Initial Cost, Building and Building Improvements | 28,003 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,792 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 28,003 | ||
Total | 34,795 | ||
Accumulated Depreciation | $ (1,917) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Niles, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 11,223 | ||
Initial Cost, Building and Building Improvements | 16,678 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,223 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,678 | ||
Total | 27,901 | ||
Accumulated Depreciation | $ (988) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Davenport, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,126 | ||
Initial Cost, Building and Building Improvements | 22,481 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 78 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,126 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 22,559 | ||
Total | 25,685 | ||
Accumulated Depreciation | $ (1,446) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Clayton, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Englewood, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,097 | ||
Initial Cost, Building and Building Improvements | 17,420 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,097 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,420 | ||
Total | 24,517 | ||
Accumulated Depreciation | $ (1,195) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Englewood, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,948 | ||
Initial Cost, Building and Building Improvements | 17,281 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,948 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,282 | ||
Total | 24,230 | ||
Accumulated Depreciation | $ (1,182) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Greenwood, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,174 | ||
Initial Cost, Building and Building Improvements | 21,869 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 42 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,174 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,911 | ||
Total | 24,085 | ||
Accumulated Depreciation | $ (1,385) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Hodgkins, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,040 | ||
Initial Cost, Building and Building Improvements | 21,744 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,040 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,744 | ||
Total | 28,784 | ||
Accumulated Depreciation | $ (1,152) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Lithia Springs, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,594 | ||
Initial Cost, Building and Building Improvements | 18,685 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 27 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,594 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,712 | ||
Total | 24,306 | ||
Accumulated Depreciation | $ (1,142) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Englewood, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,282 | ||
Initial Cost, Building and Building Improvements | 15,371 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 95 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,282 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,466 | ||
Total | 21,748 | ||
Accumulated Depreciation | $ (1,012) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Ontario, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,766 | ||
Initial Cost, Building and Building Improvements | 16,688 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 112 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,766 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,800 | ||
Total | 22,566 | ||
Accumulated Depreciation | $ (955) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Puyallup, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,611 | ||
Initial Cost, Building and Building Improvements | 18,207 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,611 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,207 | ||
Total | 21,818 | ||
Accumulated Depreciation | $ (987) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Carson, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 15,959 | ||
Initial Cost, Building and Building Improvements | 7,447 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 15,959 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,447 | ||
Total | 23,406 | ||
Accumulated Depreciation | $ (475) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Naperville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,125 | ||
Initial Cost, Building and Building Improvements | 17,768 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,125 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,768 | ||
Total | 21,893 | ||
Accumulated Depreciation | $ (1,144) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Coppell, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,841 | ||
Initial Cost, Building and Building Improvements | 14,694 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,829 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,841 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,523 | ||
Total | 18,364 | ||
Accumulated Depreciation | $ (1,571) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Austell, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,598 | ||
Initial Cost, Building and Building Improvements | 17,964 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 505 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,598 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,469 | ||
Total | 21,067 | ||
Accumulated Depreciation | $ (1,029) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Winchester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,347 | ||
Initial Cost, Building and Building Improvements | 17,763 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 140 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,347 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,903 | ||
Total | 21,250 | ||
Accumulated Depreciation | $ (992) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Hatfield, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,431 | ||
Initial Cost, Building and Building Improvements | 16,102 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 150 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,431 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,252 | ||
Total | 18,683 | ||
Accumulated Depreciation | $ (895) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Lebanon, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,273 | ||
Initial Cost, Building and Building Improvements | 18,491 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,198 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,273 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,689 | ||
Total | 21,962 | ||
Accumulated Depreciation | $ (1,109) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Rancho Cucamonga, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,962 | ||
Initial Cost, Building and Building Improvements | 13,018 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 54 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,962 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,072 | ||
Total | 18,034 | ||
Accumulated Depreciation | $ (756) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | San Bernardino, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,363 | ||
Initial Cost, Building and Building Improvements | 10,063 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,363 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,063 | ||
Total | 17,426 | ||
Accumulated Depreciation | $ (577) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Mahwah, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,672 | ||
Initial Cost, Building and Building Improvements | 11,139 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,672 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,139 | ||
Total | 14,811 | ||
Accumulated Depreciation | $ (667) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Blaine, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,514 | ||
Initial Cost, Building and Building Improvements | 3,456 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,514 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,456 | ||
Total | 7,970 | ||
Accumulated Depreciation | $ (110) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Irving, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,858 | ||
Initial Cost, Building and Building Improvements | 14,623 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 23 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,858 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,646 | ||
Total | 18,504 | ||
Accumulated Depreciation | $ (858) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Somerset, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 11,100 | ||
Initial Cost, Building and Building Improvements | 5,044 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,100 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,044 | ||
Total | 16,144 | ||
Accumulated Depreciation | $ (641) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,558 | ||
Initial Cost, Building and Building Improvements | 18,601 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,558 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,601 | ||
Total | 21,159 | ||
Accumulated Depreciation | $ (1,022) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,918 | ||
Initial Cost, Building and Building Improvements | 14,391 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 414 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,918 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,805 | ||
Total | 16,723 | ||
Accumulated Depreciation | $ (900) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Logan Township, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,713 | ||
Initial Cost, Building and Building Improvements | 13,206 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,713 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,206 | ||
Total | 16,919 | ||
Accumulated Depreciation | $ (937) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Groveport, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,455 | ||
Initial Cost, Building and Building Improvements | 14,574 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,326 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,455 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,900 | ||
Total | 18,355 | ||
Accumulated Depreciation | $ (946) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Sunrise, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,916 | ||
Initial Cost, Building and Building Improvements | 10,491 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 946 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,916 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,437 | ||
Total | 18,353 | ||
Accumulated Depreciation | $ (681) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Mahwah, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,647 | ||
Initial Cost, Building and Building Improvements | 11,882 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,647 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,882 | ||
Total | 15,529 | ||
Accumulated Depreciation | $ (682) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Winchester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,830 | ||
Initial Cost, Building and Building Improvements | 15,296 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,830 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,296 | ||
Total | 17,126 | ||
Accumulated Depreciation | $ (944) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Fairburn, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,034 | ||
Initial Cost, Building and Building Improvements | 15,747 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,034 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,747 | ||
Total | 16,781 | ||
Accumulated Depreciation | $ (1,061) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | West Chicago, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,055 | ||
Initial Cost, Building and Building Improvements | 12,863 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 303 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,055 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,166 | ||
Total | 16,221 | ||
Accumulated Depreciation | $ (800) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Rialto, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,538 | ||
Initial Cost, Building and Building Improvements | 10,073 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,538 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,073 | ||
Total | 14,611 | ||
Accumulated Depreciation | $ (591) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,915 | ||
Initial Cost, Building and Building Improvements | 13,886 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,496 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,915 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,382 | ||
Total | 18,297 | ||
Accumulated Depreciation | $ (734) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Mahwah, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,226 | ||
Initial Cost, Building and Building Improvements | 9,939 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,226 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,939 | ||
Total | 14,165 | ||
Accumulated Depreciation | $ (737) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,171 | ||
Initial Cost, Building and Building Improvements | 11,017 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,171 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,017 | ||
Total | 14,188 | ||
Accumulated Depreciation | $ (624) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,868 | ||
Initial Cost, Building and Building Improvements | 12,244 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,868 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,244 | ||
Total | 15,112 | ||
Accumulated Depreciation | $ (713) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Irving, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,663 | ||
Initial Cost, Building and Building Improvements | 7,457 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 13 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,663 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,470 | ||
Total | 10,133 | ||
Accumulated Depreciation | $ (465) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Fort Worth, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,744 | ||
Initial Cost, Building and Building Improvements | 11,298 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,744 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,298 | ||
Total | 13,042 | ||
Accumulated Depreciation | $ (673) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | West Chicago, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,091 | ||
Initial Cost, Building and Building Improvements | 6,985 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 558 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,091 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,543 | ||
Total | 10,634 | ||
Accumulated Depreciation | $ (635) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Alsip, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,375 | ||
Initial Cost, Building and Building Improvements | 10,713 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 774 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,375 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,487 | ||
Total | 14,862 | ||
Accumulated Depreciation | $ (664) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Plano, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,640 | ||
Initial Cost, Building and Building Improvements | 10,542 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,640 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,542 | ||
Total | 12,182 | ||
Accumulated Depreciation | $ (623) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Mahwah, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,357 | ||
Initial Cost, Building and Building Improvements | 8,369 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,357 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,369 | ||
Total | 12,726 | ||
Accumulated Depreciation | $ (634) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Elkridge, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,165 | ||
Initial Cost, Building and Building Improvements | 9,448 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 263 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,165 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,711 | ||
Total | 11,876 | ||
Accumulated Depreciation | $ (539) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Naperville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,959 | ||
Initial Cost, Building and Building Improvements | 8,247 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 374 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,959 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,621 | ||
Total | 11,580 | ||
Accumulated Depreciation | $ (703) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Chicago, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,292 | ||
Initial Cost, Building and Building Improvements | 9,416 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,292 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,416 | ||
Total | 10,708 | ||
Accumulated Depreciation | $ (533) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Simi Valley, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,450 | ||
Initial Cost, Building and Building Improvements | 7,390 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 487 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,450 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,877 | ||
Total | 11,327 | ||
Accumulated Depreciation | $ (489) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | West Chicago, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,631 | ||
Initial Cost, Building and Building Improvements | 6,142 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,631 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,142 | ||
Total | 8,773 | ||
Accumulated Depreciation | $ (457) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,874 | ||
Initial Cost, Building and Building Improvements | 8,296 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,874 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,296 | ||
Total | 11,170 | ||
Accumulated Depreciation | $ (587) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Arlington Heights, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,957 | ||
Initial Cost, Building and Building Improvements | 8,373 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 100 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,957 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,473 | ||
Total | 10,430 | ||
Accumulated Depreciation | $ (455) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tacoma, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,380 | ||
Initial Cost, Building and Building Improvements | 10,368 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,380 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,368 | ||
Total | 12,748 | ||
Accumulated Depreciation | $ (611) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Elkridge, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,873 | ||
Initial Cost, Building and Building Improvements | 9,918 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 246 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,873 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,164 | ||
Total | 12,037 | ||
Accumulated Depreciation | $ (749) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Oakland, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,725 | ||
Initial Cost, Building and Building Improvements | 8,336 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,725 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,336 | ||
Total | 10,061 | ||
Accumulated Depreciation | $ (491) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Aurora Colorado | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,185 | ||
Initial Cost, Building and Building Improvements | 8,706 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 14 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,185 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,720 | ||
Total | 10,905 | ||
Accumulated Depreciation | $ (582) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Devens, MA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,520 | ||
Initial Cost, Building and Building Improvements | 8,604 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,520 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,604 | ||
Total | 11,124 | ||
Accumulated Depreciation | $ (654) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | St. Charles, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,255 | ||
Initial Cost, Building and Building Improvements | 7,559 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,255 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,559 | ||
Total | 9,814 | ||
Accumulated Depreciation | $ (581) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Exton, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,946 | ||
Initial Cost, Building and Building Improvements | 7,647 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,946 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,647 | ||
Total | 10,593 | ||
Accumulated Depreciation | $ (549) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Carrollton, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,382 | ||
Initial Cost, Building and Building Improvements | 9,429 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,382 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,429 | ||
Total | 10,811 | ||
Accumulated Depreciation | $ (569) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Denver Colorado | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,212 | ||
Initial Cost, Building and Building Improvements | 9,525 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 69 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,212 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,594 | ||
Total | 11,806 | ||
Accumulated Depreciation | $ (572) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,406 | ||
Initial Cost, Building and Building Improvements | 7,520 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 68 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,406 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,588 | ||
Total | 10,994 | ||
Accumulated Depreciation | $ (540) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Landover, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,848 | ||
Initial Cost, Building and Building Improvements | 6,215 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 106 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,848 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,321 | ||
Total | 9,169 | ||
Accumulated Depreciation | $ (449) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | San Bernardino, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,325 | ||
Initial Cost, Building and Building Improvements | 6,349 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,325 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,349 | ||
Total | 11,674 | ||
Accumulated Depreciation | $ (448) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Franklin Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,254 | ||
Initial Cost, Building and Building Improvements | 7,017 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 103 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,254 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,120 | ||
Total | 10,374 | ||
Accumulated Depreciation | $ (400) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,207 | ||
Initial Cost, Building and Building Improvements | 8,299 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 812 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,207 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,111 | ||
Total | 10,318 | ||
Accumulated Depreciation | $ (560) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,465 | ||
Initial Cost, Building and Building Improvements | 9,055 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 331 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,465 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,386 | ||
Total | 10,851 | ||
Accumulated Depreciation | $ (545) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,481 | ||
Initial Cost, Building and Building Improvements | 8,418 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,308 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,481 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,726 | ||
Total | 12,207 | ||
Accumulated Depreciation | $ (546) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Farmers Branch, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,328 | ||
Initial Cost, Building and Building Improvements | 8,774 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,328 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,774 | ||
Total | 10,102 | ||
Accumulated Depreciation | $ (543) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Batavia, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,407 | ||
Initial Cost, Building and Building Improvements | 8,221 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 60 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,407 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,281 | ||
Total | 9,688 | ||
Accumulated Depreciation | $ (610) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,179 | ||
Initial Cost, Building and Building Improvements | 7,848 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 785 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,179 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,633 | ||
Total | 9,812 | ||
Accumulated Depreciation | $ (468) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,204 | ||
Initial Cost, Building and Building Improvements | 8,334 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 751 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,204 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,085 | ||
Total | 10,289 | ||
Accumulated Depreciation | $ (540) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Farmers Branch, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,174 | ||
Initial Cost, Building and Building Improvements | 7,951 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,174 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,951 | ||
Total | 9,125 | ||
Accumulated Depreciation | $ (539) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,431 | ||
Initial Cost, Building and Building Improvements | 7,595 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 145 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,431 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,740 | ||
Total | 9,171 | ||
Accumulated Depreciation | $ (506) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,582 | ||
Initial Cost, Building and Building Improvements | 8,328 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 174 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,582 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,502 | ||
Total | 10,084 | ||
Accumulated Depreciation | $ (524) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Upper Chichester, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,746 | ||
Initial Cost, Building and Building Improvements | 6,924 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 25 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,746 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,949 | ||
Total | 8,695 | ||
Accumulated Depreciation | $ (427) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Baltimore, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,001 | ||
Initial Cost, Building and Building Improvements | 6,016 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 4 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,001 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,020 | ||
Total | 7,021 | ||
Accumulated Depreciation | $ (411) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Federal Way, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,687 | ||
Initial Cost, Building and Building Improvements | 6,465 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 401 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,687 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,866 | ||
Total | 9,553 | ||
Accumulated Depreciation | $ (440) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Carrollton, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,336 | ||
Initial Cost, Building and Building Improvements | 7,407 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,336 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,407 | ||
Total | 8,743 | ||
Accumulated Depreciation | $ (434) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | San Diego, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,284 | ||
Initial Cost, Building and Building Improvements | 6,130 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,284 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,130 | ||
Total | 9,414 | ||
Accumulated Depreciation | $ (343) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Mahwah, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,812 | ||
Initial Cost, Building and Building Improvements | 5,786 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,812 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,786 | ||
Total | 8,598 | ||
Accumulated Depreciation | $ (420) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,163 | ||
Initial Cost, Building and Building Improvements | 6,738 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,163 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,738 | ||
Total | 7,901 | ||
Accumulated Depreciation | $ (432) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 925 | ||
Initial Cost, Building and Building Improvements | 5,934 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 158 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 925 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,092 | ||
Total | 7,017 | ||
Accumulated Depreciation | $ (407) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Baltimore, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,259 | ||
Initial Cost, Building and Building Improvements | 6,430 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,259 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,430 | ||
Total | 7,689 | ||
Accumulated Depreciation | $ (423) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Auburn, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,991 | ||
Initial Cost, Building and Building Improvements | 6,873 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,991 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,873 | ||
Total | 8,864 | ||
Accumulated Depreciation | $ (391) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Largo, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,052 | ||
Initial Cost, Building and Building Improvements | 5,554 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,052 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,554 | ||
Total | 7,606 | ||
Accumulated Depreciation | $ (398) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Mechanicsburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,257 | ||
Initial Cost, Building and Building Improvements | 5,981 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,257 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,981 | ||
Total | 7,238 | ||
Accumulated Depreciation | $ (390) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Annapolis Junction, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,227 | ||
Initial Cost, Building and Building Improvements | 5,022 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,141 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,227 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,163 | ||
Total | 7,390 | ||
Accumulated Depreciation | $ (523) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | San Bernardino, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,023 | ||
Initial Cost, Building and Building Improvements | 5,767 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,023 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,767 | ||
Total | 7,790 | ||
Accumulated Depreciation | $ (355) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Frederick, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,008 | ||
Initial Cost, Building and Building Improvements | 5,549 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,008 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,549 | ||
Total | 6,557 | ||
Accumulated Depreciation | $ (310) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Elk Grove Village, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,150 | ||
Initial Cost, Building and Building Improvements | 3,193 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,150 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,203 | ||
Total | 6,353 | ||
Accumulated Depreciation | $ (223) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Sanford, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,137 | ||
Initial Cost, Building and Building Improvements | 5,628 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,137 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,628 | ||
Total | 6,765 | ||
Accumulated Depreciation | $ (349) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 855 | ||
Initial Cost, Building and Building Improvements | 5,671 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 80 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 855 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,751 | ||
Total | 6,606 | ||
Accumulated Depreciation | $ (354) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Carrollton, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 956 | ||
Initial Cost, Building and Building Improvements | 5,467 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 956 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,467 | ||
Total | 6,423 | ||
Accumulated Depreciation | $ (389) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,116 | ||
Initial Cost, Building and Building Improvements | 5,455 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,116 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,455 | ||
Total | 6,571 | ||
Accumulated Depreciation | $ (357) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Coppell, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 799 | ||
Initial Cost, Building and Building Improvements | 4,848 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,800 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 799 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,648 | ||
Total | 7,447 | ||
Accumulated Depreciation | $ (498) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Lakewood, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 618 | ||
Initial Cost, Building and Building Improvements | 6,264 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 618 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,264 | ||
Total | 6,882 | ||
Accumulated Depreciation | $ (362) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wood Dale, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,460 | ||
Initial Cost, Building and Building Improvements | 3,404 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,460 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,404 | ||
Total | 5,864 | ||
Accumulated Depreciation | $ (214) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Addison, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 928 | ||
Initial Cost, Building and Building Improvements | 5,880 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 928 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,880 | ||
Total | 6,808 | ||
Accumulated Depreciation | $ (413) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Gurnee, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 954 | ||
Initial Cost, Building and Building Improvements | 4,418 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 449 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 954 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,867 | ||
Total | 5,821 | ||
Accumulated Depreciation | $ (301) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,135 | ||
Initial Cost, Building and Building Improvements | 4,788 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,135 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,788 | ||
Total | 5,923 | ||
Accumulated Depreciation | $ (302) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Sanford, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 893 | ||
Initial Cost, Building and Building Improvements | 5,053 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 893 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,053 | ||
Total | 5,946 | ||
Accumulated Depreciation | $ (325) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Baltimore, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 905 | ||
Initial Cost, Building and Building Improvements | 4,454 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 334 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 905 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,788 | ||
Total | 5,693 | ||
Accumulated Depreciation | $ (339) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,432 | ||
Initial Cost, Building and Building Improvements | 4,942 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,432 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,942 | ||
Total | 6,374 | ||
Accumulated Depreciation | $ (376) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Landover, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,790 | ||
Initial Cost, Building and Building Improvements | 6,526 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 81 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,790 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,607 | ||
Total | 9,397 | ||
Accumulated Depreciation | $ (448) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wood Dale, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,312 | ||
Initial Cost, Building and Building Improvements | 3,814 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,312 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,814 | ||
Total | 6,126 | ||
Accumulated Depreciation | $ (242) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Simi Valley, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,558 | ||
Initial Cost, Building and Building Improvements | 4,273 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,558 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,273 | ||
Total | 5,831 | ||
Accumulated Depreciation | $ (259) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Baltimore, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 913 | ||
Initial Cost, Building and Building Improvements | 3,281 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 913 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,281 | ||
Total | 4,194 | ||
Accumulated Depreciation | $ (240) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 798 | ||
Initial Cost, Building and Building Improvements | 4,821 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 23 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 798 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,844 | ||
Total | 5,642 | ||
Accumulated Depreciation | $ (295) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | San Bernardino, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,686 | ||
Initial Cost, Building and Building Improvements | 3,826 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 90 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,686 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,916 | ||
Total | 5,602 | ||
Accumulated Depreciation | $ (248) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 628 | ||
Initial Cost, Building and Building Improvements | 5,117 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 143 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 628 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,260 | ||
Total | 5,888 | ||
Accumulated Depreciation | $ (330) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,022 | ||
Initial Cost, Building and Building Improvements | 3,917 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 34 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,022 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,951 | ||
Total | 4,973 | ||
Accumulated Depreciation | $ (262) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,606 | ||
Initial Cost, Building and Building Improvements | 3,708 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 118 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,606 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,826 | ||
Total | 5,432 | ||
Accumulated Depreciation | $ (276) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Fort Lauderdale, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,347 | ||
Initial Cost, Building and Building Improvements | 3,889 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 98 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,347 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,987 | ||
Total | 5,334 | ||
Accumulated Depreciation | $ (230) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Garland, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 907 | ||
Initial Cost, Building and Building Improvements | 4,097 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 907 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,097 | ||
Total | 5,004 | ||
Accumulated Depreciation | $ (267) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,045 | ||
Initial Cost, Building and Building Improvements | 3,795 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,045 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,795 | ||
Total | 4,840 | ||
Accumulated Depreciation | $ (228) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Rosedale, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,214 | ||
Initial Cost, Building and Building Improvements | 3,140 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 12 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,214 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,152 | ||
Total | 4,366 | ||
Accumulated Depreciation | $ (206) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Itasca, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 981 | ||
Initial Cost, Building and Building Improvements | 3,751 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 981 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,751 | ||
Total | 4,732 | ||
Accumulated Depreciation | $ (226) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Clearwater, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,357 | ||
Initial Cost, Building and Building Improvements | 3,355 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,357 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,355 | ||
Total | 4,712 | ||
Accumulated Depreciation | $ (209) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 787 | ||
Initial Cost, Building and Building Improvements | 3,584 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 787 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,584 | ||
Total | 4,371 | ||
Accumulated Depreciation | $ (252) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | San Diego, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,749 | ||
Initial Cost, Building and Building Improvements | 3,260 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 325 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,749 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,585 | ||
Total | 5,334 | ||
Accumulated Depreciation | $ (212) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Elk Grove Village, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,696 | ||
Initial Cost, Building and Building Improvements | 2,831 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,696 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,831 | ||
Total | 4,527 | ||
Accumulated Depreciation | $ (190) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Wood Dale, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,796 | ||
Initial Cost, Building and Building Improvements | 2,784 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 125 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,796 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,909 | ||
Total | 4,705 | ||
Accumulated Depreciation | $ (202) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Fort Worth, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 691 | ||
Initial Cost, Building and Building Improvements | 4,545 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 691 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,545 | ||
Total | 5,236 | ||
Accumulated Depreciation | $ (333) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Suwanee, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 305 | ||
Initial Cost, Building and Building Improvements | 4,057 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 255 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 305 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,312 | ||
Total | 4,617 | ||
Accumulated Depreciation | $ (262) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Baltimore, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 705 | ||
Initial Cost, Building and Building Improvements | 2,828 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 80 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 705 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,908 | ||
Total | 3,613 | ||
Accumulated Depreciation | $ (197) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | West Chicago, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,308 | ||
Initial Cost, Building and Building Improvements | 2,906 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,308 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,906 | ||
Total | 4,214 | ||
Accumulated Depreciation | $ (241) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | San Bernardino, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,513 | ||
Initial Cost, Building and Building Improvements | 2,665 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 179 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,513 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,844 | ||
Total | 4,357 | ||
Accumulated Depreciation | $ (186) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | West Chester, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 769 | ||
Initial Cost, Building and Building Improvements | 2,626 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 769 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,626 | ||
Total | 3,395 | ||
Accumulated Depreciation | $ (163) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Suwanee, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 271 | ||
Initial Cost, Building and Building Improvements | 3,484 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 271 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,484 | ||
Total | 3,755 | ||
Accumulated Depreciation | $ (206) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Frederick, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 593 | ||
Initial Cost, Building and Building Improvements | 3,222 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 32 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 593 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,254 | ||
Total | 3,847 | ||
Accumulated Depreciation | $ (213) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Frederick, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 425 | ||
Initial Cost, Building and Building Improvements | 2,522 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 584 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 425 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,106 | ||
Total | 3,531 | ||
Accumulated Depreciation | $ (232) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Frederick, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 441 | ||
Initial Cost, Building and Building Improvements | 2,526 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 85 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 441 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,611 | ||
Total | 3,052 | ||
Accumulated Depreciation | $ (160) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 903 | ||
Initial Cost, Building and Building Improvements | 2,774 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 903 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,774 | ||
Total | 3,677 | ||
Accumulated Depreciation | $ (179) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 757 | ||
Initial Cost, Building and Building Improvements | 2,352 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 757 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,352 | ||
Total | 3,109 | ||
Accumulated Depreciation | $ (153) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Simi Valley, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 813 | ||
Initial Cost, Building and Building Improvements | 2,740 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 14 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 813 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,754 | ||
Total | 3,567 | ||
Accumulated Depreciation | $ (164) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 278 | ||
Initial Cost, Building and Building Improvements | 2,001 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 47 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 278 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,048 | ||
Total | 2,326 | ||
Accumulated Depreciation | $ (126) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | West Chicago, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 719 | ||
Initial Cost, Building and Building Improvements | 2,247 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 719 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,247 | ||
Total | 2,966 | ||
Accumulated Depreciation | $ (150) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 800 | ||
Initial Cost, Building and Building Improvements | 2,484 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 24 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 800 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,508 | ||
Total | 3,308 | ||
Accumulated Depreciation | $ (161) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 323 | ||
Initial Cost, Building and Building Improvements | 2,586 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 22 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 323 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,608 | ||
Total | 2,931 | ||
Accumulated Depreciation | $ (166) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,056 | ||
Initial Cost, Building and Building Improvements | 20,161 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 44 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,056 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,205 | ||
Total | 23,261 | ||
Accumulated Depreciation | $ (1,201) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Jonesboro, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,804 | ||
Initial Cost, Building and Building Improvements | 14,537 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,804 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,537 | ||
Total | 17,341 | ||
Accumulated Depreciation | $ (1,111) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | La Vergne, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,574 | ||
Initial Cost, Building and Building Improvements | 16,037 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 210 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,574 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,247 | ||
Total | 19,821 | ||
Accumulated Depreciation | $ (1,264) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,261 | ||
Initial Cost, Building and Building Improvements | 15,933 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,261 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,933 | ||
Total | 18,194 | ||
Accumulated Depreciation | $ (1,058) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,291 | ||
Initial Cost, Building and Building Improvements | 22,985 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 29 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,291 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,014 | ||
Total | 26,305 | ||
Accumulated Depreciation | $ (1,559) | ||
Year Acquired | 2017 | ||
Industrial [Member] | Warehouse [Member] | Baltimore, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 957 | ||
Initial Cost, Building and Building Improvements | 4,398 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 48 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 957 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,446 | ||
Total | 5,403 | ||
Accumulated Depreciation | $ (360) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Aurora, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 17,424 | ||
Initial Cost, Building and Building Improvements | 43,812 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,424 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 43,812 | ||
Total | 61,236 | ||
Accumulated Depreciation | $ (3,071) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Aurora, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 8,455 | ||
Initial Cost, Building and Building Improvements | 34,026 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,455 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 34,026 | ||
Total | 42,481 | ||
Accumulated Depreciation | $ (2,169) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Aurora, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 10,116 | ||
Initial Cost, Building and Building Improvements | 23,150 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,116 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,150 | ||
Total | 33,266 | ||
Accumulated Depreciation | $ (1,793) | ||
Year Acquired | 2018 | ||
Industrial [Member] | Warehouse [Member] | Cincinnati, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,937 | ||
Initial Cost, Building and Building Improvements | 27,172 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,937 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 27,172 | ||
Total | 30,109 | ||
Accumulated Depreciation | $ (292) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Cincinnati, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,114 | ||
Initial Cost, Building and Building Improvements | 8,004 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,114 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,004 | ||
Total | 9,118 | ||
Accumulated Depreciation | $ (89) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hebron, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,551 | ||
Initial Cost, Building and Building Improvements | 10,318 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,551 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,318 | ||
Total | 11,869 | ||
Accumulated Depreciation | $ (112) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | West Chester, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 947 | ||
Initial Cost, Building and Building Improvements | 5,888 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 947 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,888 | ||
Total | 6,835 | ||
Accumulated Depreciation | $ (76) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hebron, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,106 | ||
Initial Cost, Building and Building Improvements | 4,903 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,106 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,903 | ||
Total | 6,009 | ||
Accumulated Depreciation | $ (62) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | West Chester, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 812 | ||
Initial Cost, Building and Building Improvements | 3,623 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 38 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 812 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,661 | ||
Total | 4,473 | ||
Accumulated Depreciation | $ (50) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hebron, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,056 | ||
Initial Cost, Building and Building Improvements | 7,744 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,056 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,744 | ||
Total | 9,800 | ||
Accumulated Depreciation | $ (159) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Grove City, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,532 | ||
Initial Cost, Building and Building Improvements | 14,716 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,532 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,716 | ||
Total | 16,248 | ||
Accumulated Depreciation | $ (176) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Grove City, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,364 | ||
Initial Cost, Building and Building Improvements | 10,919 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,364 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,919 | ||
Total | 12,283 | ||
Accumulated Depreciation | $ (168) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Grove City, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,501 | ||
Initial Cost, Building and Building Improvements | 11,155 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,501 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,155 | ||
Total | 12,656 | ||
Accumulated Depreciation | $ (164) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,775 | ||
Initial Cost, Building and Building Improvements | 5,410 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,775 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,410 | ||
Total | 7,185 | ||
Accumulated Depreciation | $ (101) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,828 | ||
Initial Cost, Building and Building Improvements | 10,418 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,828 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,418 | ||
Total | 13,246 | ||
Accumulated Depreciation | $ (176) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,613 | ||
Initial Cost, Building and Building Improvements | 15,816 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,613 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,816 | ||
Total | 19,429 | ||
Accumulated Depreciation | $ (247) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,904 | ||
Initial Cost, Building and Building Improvements | 5,350 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,904 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,350 | ||
Total | 7,254 | ||
Accumulated Depreciation | $ (70) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,248 | ||
Initial Cost, Building and Building Improvements | 3,266 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,248 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,266 | ||
Total | 4,514 | ||
Accumulated Depreciation | $ (57) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,841 | ||
Initial Cost, Building and Building Improvements | 15,477 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,841 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,477 | ||
Total | 21,318 | ||
Accumulated Depreciation | $ (386) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,244 | ||
Initial Cost, Building and Building Improvements | 4,790 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,244 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,790 | ||
Total | 6,034 | ||
Accumulated Depreciation | $ (137) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,536 | ||
Initial Cost, Building and Building Improvements | 2,732 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,536 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,732 | ||
Total | 5,268 | ||
Accumulated Depreciation | $ (107) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,520 | ||
Initial Cost, Building and Building Improvements | 2,000 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,520 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,000 | ||
Total | 4,520 | ||
Accumulated Depreciation | $ (89) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,559 | ||
Initial Cost, Building and Building Improvements | 1,748 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,559 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,748 | ||
Total | 4,307 | ||
Accumulated Depreciation | $ (49) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,677 | ||
Initial Cost, Building and Building Improvements | 4,419 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,677 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,419 | ||
Total | 9,096 | ||
Accumulated Depreciation | $ (127) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,647 | ||
Initial Cost, Building and Building Improvements | 2,234 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,647 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,234 | ||
Total | 3,881 | ||
Accumulated Depreciation | $ (81) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,590 | ||
Initial Cost, Building and Building Improvements | 3,873 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,590 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,873 | ||
Total | 6,463 | ||
Accumulated Depreciation | $ (95) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 867 | ||
Initial Cost, Building and Building Improvements | 1,173 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 867 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,173 | ||
Total | 2,040 | ||
Accumulated Depreciation | $ (31) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 927 | ||
Initial Cost, Building and Building Improvements | 1,182 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 927 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,182 | ||
Total | 2,109 | ||
Accumulated Depreciation | $ (37) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 890 | ||
Initial Cost, Building and Building Improvements | 940 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 890 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 940 | ||
Total | 1,830 | ||
Accumulated Depreciation | $ (26) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,411 | ||
Initial Cost, Building and Building Improvements | 4,065 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 19 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,411 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,084 | ||
Total | 6,495 | ||
Accumulated Depreciation | $ (108) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 992 | ||
Initial Cost, Building and Building Improvements | 1,846 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 992 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,846 | ||
Total | 2,838 | ||
Accumulated Depreciation | $ (49) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 419 | ||
Initial Cost, Building and Building Improvements | 696 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 419 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 696 | ||
Total | 1,115 | ||
Accumulated Depreciation | $ (18) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 222 | ||
Initial Cost, Building and Building Improvements | 328 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 222 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 328 | ||
Total | 550 | ||
Accumulated Depreciation | $ (10) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 907 | ||
Initial Cost, Building and Building Improvements | 1,717 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 907 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,717 | ||
Total | 2,624 | ||
Accumulated Depreciation | $ (43) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 957 | ||
Initial Cost, Building and Building Improvements | 1,757 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 957 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,757 | ||
Total | 2,714 | ||
Accumulated Depreciation | $ (45) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,334 | ||
Initial Cost, Building and Building Improvements | 7,998 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,334 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,998 | ||
Total | 11,332 | ||
Accumulated Depreciation | $ (182) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,039 | ||
Initial Cost, Building and Building Improvements | 8,078 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,039 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,078 | ||
Total | 13,117 | ||
Accumulated Depreciation | $ (211) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 321 | ||
Initial Cost, Building and Building Improvements | 508 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 321 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 508 | ||
Total | 829 | ||
Accumulated Depreciation | $ (15) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 344 | ||
Initial Cost, Building and Building Improvements | 437 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 344 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 437 | ||
Total | 781 | ||
Accumulated Depreciation | $ (11) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,338 | ||
Initial Cost, Building and Building Improvements | 2,950 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,338 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,950 | ||
Total | 4,288 | ||
Accumulated Depreciation | $ (73) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hebron, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,181 | ||
Initial Cost, Building and Building Improvements | 9,455 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,181 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,455 | ||
Total | 10,636 | ||
Accumulated Depreciation | $ (137) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,283 | ||
Initial Cost, Building and Building Improvements | 2,760 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,283 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,760 | ||
Total | 4,043 | ||
Accumulated Depreciation | $ (88) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 679 | ||
Initial Cost, Building and Building Improvements | 1,168 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 679 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,168 | ||
Total | 1,847 | ||
Accumulated Depreciation | $ (23) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 501 | ||
Initial Cost, Building and Building Improvements | 942 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 501 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 942 | ||
Total | 1,443 | ||
Accumulated Depreciation | $ (24) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 899 | ||
Initial Cost, Building and Building Improvements | 2,208 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 899 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,208 | ||
Total | 3,107 | ||
Accumulated Depreciation | $ (51) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 519 | ||
Initial Cost, Building and Building Improvements | 1,059 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 519 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,059 | ||
Total | 1,578 | ||
Accumulated Depreciation | $ (21) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 670 | ||
Initial Cost, Building and Building Improvements | 1,157 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 670 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,157 | ||
Total | 1,827 | ||
Accumulated Depreciation | $ (33) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 482 | ||
Initial Cost, Building and Building Improvements | 811 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 482 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 811 | ||
Total | 1,293 | ||
Accumulated Depreciation | $ (19) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,046 | ||
Initial Cost, Building and Building Improvements | 2,271 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,046 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,271 | ||
Total | 3,317 | ||
Accumulated Depreciation | $ (53) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,455 | ||
Initial Cost, Building and Building Improvements | 3,673 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,455 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,673 | ||
Total | 5,128 | ||
Accumulated Depreciation | $ (110) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,678 | ||
Initial Cost, Building and Building Improvements | 4,341 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,678 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,341 | ||
Total | 6,019 | ||
Accumulated Depreciation | $ (172) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 205 | ||
Initial Cost, Building and Building Improvements | 338 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 205 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 338 | ||
Total | 543 | ||
Accumulated Depreciation | $ (12) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 420 | ||
Initial Cost, Building and Building Improvements | 1,356 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 420 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,356 | ||
Total | 1,776 | ||
Accumulated Depreciation | $ (31) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 418 | ||
Initial Cost, Building and Building Improvements | 464 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 418 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 464 | ||
Total | 882 | ||
Accumulated Depreciation | $ (15) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 760 | ||
Initial Cost, Building and Building Improvements | 627 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 760 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 627 | ||
Total | 1,387 | ||
Accumulated Depreciation | $ (22) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,083 | ||
Initial Cost, Building and Building Improvements | 4,557 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,083 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,557 | ||
Total | 6,640 | ||
Accumulated Depreciation | $ (101) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 620 | ||
Initial Cost, Building and Building Improvements | 562 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 620 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 562 | ||
Total | 1,182 | ||
Accumulated Depreciation | $ (18) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 797 | ||
Initial Cost, Building and Building Improvements | 700 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 797 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 700 | ||
Total | 1,497 | ||
Accumulated Depreciation | $ (18) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 625 | ||
Initial Cost, Building and Building Improvements | 935 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 625 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 935 | ||
Total | 1,560 | ||
Accumulated Depreciation | $ (23) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,382 | ||
Initial Cost, Building and Building Improvements | 3,591 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,382 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,591 | ||
Total | 4,973 | ||
Accumulated Depreciation | $ (102) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,781 | ||
Initial Cost, Building and Building Improvements | 2,845 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,781 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,845 | ||
Total | 4,626 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,814 | ||
Initial Cost, Building and Building Improvements | 3,280 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,814 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,280 | ||
Total | 5,094 | ||
Accumulated Depreciation | $ (82) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,940 | ||
Initial Cost, Building and Building Improvements | 3,395 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 15 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,940 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,410 | ||
Total | 5,350 | ||
Accumulated Depreciation | $ (89) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,478 | ||
Initial Cost, Building and Building Improvements | 525 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,478 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 525 | ||
Total | 3,003 | ||
Accumulated Depreciation | $ (32) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 515 | ||
Initial Cost, Building and Building Improvements | 276 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 515 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 276 | ||
Total | 791 | ||
Accumulated Depreciation | $ (10) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 385 | ||
Initial Cost, Building and Building Improvements | 384 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 385 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 384 | ||
Total | 769 | ||
Accumulated Depreciation | $ (11) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,940 | ||
Initial Cost, Building and Building Improvements | 4,198 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,940 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,198 | ||
Total | 6,138 | ||
Accumulated Depreciation | $ (97) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,017 | ||
Initial Cost, Building and Building Improvements | 1,047 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,017 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,047 | ||
Total | 2,064 | ||
Accumulated Depreciation | $ (32) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,597 | ||
Initial Cost, Building and Building Improvements | 2,995 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,597 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,995 | ||
Total | 4,592 | ||
Accumulated Depreciation | $ (77) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 309 | ||
Initial Cost, Building and Building Improvements | 354 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 309 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 354 | ||
Total | 663 | ||
Accumulated Depreciation | $ (13) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 473 | ||
Initial Cost, Building and Building Improvements | 1,049 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 473 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,049 | ||
Total | 1,522 | ||
Accumulated Depreciation | $ (26) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 536 | ||
Initial Cost, Building and Building Improvements | 642 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 536 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 642 | ||
Total | 1,178 | ||
Accumulated Depreciation | $ (16) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,382 | ||
Initial Cost, Building and Building Improvements | 4,121 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,382 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,121 | ||
Total | 6,503 | ||
Accumulated Depreciation | $ (99) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,518 | ||
Initial Cost, Building and Building Improvements | 2,731 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,518 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,731 | ||
Total | 5,249 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 296 | ||
Initial Cost, Building and Building Improvements | 469 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 296 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 469 | ||
Total | 765 | ||
Accumulated Depreciation | $ (12) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 391 | ||
Initial Cost, Building and Building Improvements | 724 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 391 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 724 | ||
Total | 1,115 | ||
Accumulated Depreciation | $ (20) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 478 | ||
Initial Cost, Building and Building Improvements | 834 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 478 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 834 | ||
Total | 1,312 | ||
Accumulated Depreciation | $ (16) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 731 | ||
Initial Cost, Building and Building Improvements | 377 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 731 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 377 | ||
Total | 1,108 | ||
Accumulated Depreciation | $ (13) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 817 | ||
Initial Cost, Building and Building Improvements | 1,270 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 817 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,270 | ||
Total | 2,087 | ||
Accumulated Depreciation | $ (37) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 324 | ||
Initial Cost, Building and Building Improvements | 225 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 324 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 225 | ||
Total | 549 | ||
Accumulated Depreciation | $ (10) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Stone Mountain, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 693 | ||
Initial Cost, Building and Building Improvements | 1,662 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 693 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,662 | ||
Total | 2,355 | ||
Accumulated Depreciation | $ (49) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tucker, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 973 | ||
Initial Cost, Building and Building Improvements | 1,844 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 973 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,844 | ||
Total | 2,817 | ||
Accumulated Depreciation | $ (48) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,141 | ||
Initial Cost, Building and Building Improvements | 6,265 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,141 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,265 | ||
Total | 7,406 | ||
Accumulated Depreciation | $ (63) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,200 | ||
Initial Cost, Building and Building Improvements | 6,624 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,200 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,624 | ||
Total | 7,824 | ||
Accumulated Depreciation | $ (68) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,172 | ||
Initial Cost, Building and Building Improvements | 14,053 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,172 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,053 | ||
Total | 16,225 | ||
Accumulated Depreciation | $ (120) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,457 | ||
Initial Cost, Building and Building Improvements | 7,862 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 114 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,457 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,976 | ||
Total | 9,433 | ||
Accumulated Depreciation | $ (65) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,288 | ||
Initial Cost, Building and Building Improvements | 8,523 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,288 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,523 | ||
Total | 9,811 | ||
Accumulated Depreciation | $ (71) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,442 | ||
Initial Cost, Building and Building Improvements | 8,481 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,442 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,481 | ||
Total | 9,923 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,865 | ||
Initial Cost, Building and Building Improvements | 12,821 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,865 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,821 | ||
Total | 14,686 | ||
Accumulated Depreciation | $ (125) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,342 | ||
Initial Cost, Building and Building Improvements | 9,229 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,342 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,229 | ||
Total | 10,571 | ||
Accumulated Depreciation | $ (99) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 897 | ||
Initial Cost, Building and Building Improvements | 6,341 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 897 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,341 | ||
Total | 7,238 | ||
Accumulated Depreciation | $ (62) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,915 | ||
Initial Cost, Building and Building Improvements | 12,028 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,915 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,028 | ||
Total | 13,943 | ||
Accumulated Depreciation | $ (107) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,687 | ||
Initial Cost, Building and Building Improvements | 10,404 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,687 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,404 | ||
Total | 12,091 | ||
Accumulated Depreciation | $ (98) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,700 | ||
Initial Cost, Building and Building Improvements | 11,419 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 20 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,700 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,439 | ||
Total | 13,139 | ||
Accumulated Depreciation | $ (121) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,418 | ||
Initial Cost, Building and Building Improvements | 24,959 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,418 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 24,976 | ||
Total | 28,394 | ||
Accumulated Depreciation | $ (241) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,639 | ||
Initial Cost, Building and Building Improvements | 5,993 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,639 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,993 | ||
Total | 7,632 | ||
Accumulated Depreciation | $ (64) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 608 | ||
Initial Cost, Building and Building Improvements | 4,965 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 608 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,965 | ||
Total | 5,573 | ||
Accumulated Depreciation | $ (37) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 336 | ||
Initial Cost, Building and Building Improvements | 2,432 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 336 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,432 | ||
Total | 2,768 | ||
Accumulated Depreciation | $ (24) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 276 | ||
Initial Cost, Building and Building Improvements | 1,366 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 276 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,366 | ||
Total | 1,642 | ||
Accumulated Depreciation | $ (14) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 767 | ||
Initial Cost, Building and Building Improvements | 6,325 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 767 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,325 | ||
Total | 7,092 | ||
Accumulated Depreciation | $ (66) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,352 | ||
Initial Cost, Building and Building Improvements | 11,787 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,352 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,787 | ||
Total | 13,139 | ||
Accumulated Depreciation | $ (110) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 806 | ||
Initial Cost, Building and Building Improvements | 5,974 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 806 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,975 | ||
Total | 6,781 | ||
Accumulated Depreciation | $ (72) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 422 | ||
Initial Cost, Building and Building Improvements | 3,369 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 422 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,369 | ||
Total | 3,791 | ||
Accumulated Depreciation | $ (60) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 639 | ||
Initial Cost, Building and Building Improvements | 4,778 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 639 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,778 | ||
Total | 5,417 | ||
Accumulated Depreciation | $ (50) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 914 | ||
Initial Cost, Building and Building Improvements | 7,058 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 914 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,058 | ||
Total | 7,972 | ||
Accumulated Depreciation | $ (61) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 759 | ||
Initial Cost, Building and Building Improvements | 5,713 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 759 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,713 | ||
Total | 6,472 | ||
Accumulated Depreciation | $ (80) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 910 | ||
Initial Cost, Building and Building Improvements | 5,994 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 910 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,994 | ||
Total | 6,904 | ||
Accumulated Depreciation | $ (51) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,570 | ||
Initial Cost, Building and Building Improvements | 23,626 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,570 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,626 | ||
Total | 27,196 | ||
Accumulated Depreciation | $ (195) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,290 | ||
Initial Cost, Building and Building Improvements | 8,533 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 11 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,290 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,544 | ||
Total | 9,834 | ||
Accumulated Depreciation | $ (75) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,145 | ||
Initial Cost, Building and Building Improvements | 14,675 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,145 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,675 | ||
Total | 16,820 | ||
Accumulated Depreciation | $ (131) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,765 | ||
Initial Cost, Building and Building Improvements | 12,037 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,765 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,037 | ||
Total | 13,802 | ||
Accumulated Depreciation | $ (105) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 914 | ||
Initial Cost, Building and Building Improvements | 6,287 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 914 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,287 | ||
Total | 7,201 | ||
Accumulated Depreciation | $ (52) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,387 | ||
Initial Cost, Building and Building Improvements | 10,144 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,387 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,144 | ||
Total | 11,531 | ||
Accumulated Depreciation | $ (85) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,182 | ||
Initial Cost, Building and Building Improvements | 13,525 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,182 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,525 | ||
Total | 15,707 | ||
Accumulated Depreciation | $ (247) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,073 | ||
Initial Cost, Building and Building Improvements | 6,663 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,073 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,663 | ||
Total | 7,736 | ||
Accumulated Depreciation | $ (120) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Denver, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,000 | ||
Initial Cost, Building and Building Improvements | 35,892 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 106 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,000 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 35,998 | ||
Total | 41,998 | ||
Accumulated Depreciation | $ (500) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,822 | ||
Initial Cost, Building and Building Improvements | 11,058 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 28 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,822 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,086 | ||
Total | 14,908 | ||
Accumulated Depreciation | $ (177) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,884 | ||
Initial Cost, Building and Building Improvements | 6,848 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,884 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,848 | ||
Total | 8,732 | ||
Accumulated Depreciation | $ (176) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,900 | ||
Initial Cost, Building and Building Improvements | 6,911 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,900 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,911 | ||
Total | 8,811 | ||
Accumulated Depreciation | $ (177) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,499 | ||
Initial Cost, Building and Building Improvements | 4,176 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 47 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,499 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,223 | ||
Total | 5,722 | ||
Accumulated Depreciation | $ (35) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,251 | ||
Initial Cost, Building and Building Improvements | 2,923 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,251 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,923 | ||
Total | 4,174 | ||
Accumulated Depreciation | $ (25) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 631 | ||
Initial Cost, Building and Building Improvements | 1,546 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 631 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,546 | ||
Total | 2,177 | ||
Accumulated Depreciation | $ (14) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,274 | ||
Initial Cost, Building and Building Improvements | 2,870 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,274 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,870 | ||
Total | 4,144 | ||
Accumulated Depreciation | $ (26) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 648 | ||
Initial Cost, Building and Building Improvements | 1,666 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 648 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,666 | ||
Total | 2,314 | ||
Accumulated Depreciation | $ (14) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,183 | ||
Initial Cost, Building and Building Improvements | 2,878 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 100 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,183 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,978 | ||
Total | 4,161 | ||
Accumulated Depreciation | $ (70) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,241 | ||
Initial Cost, Building and Building Improvements | 4,479 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,241 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,479 | ||
Total | 6,720 | ||
Accumulated Depreciation | $ (37) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,672 | ||
Initial Cost, Building and Building Improvements | 9,435 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,672 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,435 | ||
Total | 13,107 | ||
Accumulated Depreciation | $ (215) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,670 | ||
Initial Cost, Building and Building Improvements | 4,863 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,670 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,863 | ||
Total | 7,533 | ||
Accumulated Depreciation | $ (130) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,216 | ||
Initial Cost, Building and Building Improvements | 4,928 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,216 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,928 | ||
Total | 7,144 | ||
Accumulated Depreciation | $ (104) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,451 | ||
Initial Cost, Building and Building Improvements | 5,554 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 46 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,451 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,600 | ||
Total | 8,051 | ||
Accumulated Depreciation | $ (112) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,015 | ||
Initial Cost, Building and Building Improvements | 3,847 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 32 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,015 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,879 | ||
Total | 5,894 | ||
Accumulated Depreciation | $ (79) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,539 | ||
Initial Cost, Building and Building Improvements | 7,015 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,539 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,015 | ||
Total | 9,554 | ||
Accumulated Depreciation | $ (61) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,895 | ||
Initial Cost, Building and Building Improvements | 5,674 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,895 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,674 | ||
Total | 8,569 | ||
Accumulated Depreciation | $ (54) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,007 | ||
Initial Cost, Building and Building Improvements | 2,003 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,007 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,003 | ||
Total | 4,010 | ||
Accumulated Depreciation | $ (20) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,939 | ||
Initial Cost, Building and Building Improvements | 6,071 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 13 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,939 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,084 | ||
Total | 9,023 | ||
Accumulated Depreciation | $ (56) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,457 | ||
Initial Cost, Building and Building Improvements | 8,168 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,457 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,168 | ||
Total | 11,625 | ||
Accumulated Depreciation | $ (153) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,980 | ||
Initial Cost, Building and Building Improvements | 7,056 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,980 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,056 | ||
Total | 10,036 | ||
Accumulated Depreciation | $ (122) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,947 | ||
Initial Cost, Building and Building Improvements | 7,001 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,947 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,001 | ||
Total | 9,948 | ||
Accumulated Depreciation | $ (121) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,263 | ||
Initial Cost, Building and Building Improvements | 2,591 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 18 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,263 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,609 | ||
Total | 4,872 | ||
Accumulated Depreciation | $ (24) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 344 | ||
Initial Cost, Building and Building Improvements | 3,189 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 42 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 344 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,231 | ||
Total | 3,575 | ||
Accumulated Depreciation | $ (29) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 407 | ||
Initial Cost, Building and Building Improvements | 3,706 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 407 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,706 | ||
Total | 4,113 | ||
Accumulated Depreciation | $ (35) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 238 | ||
Initial Cost, Building and Building Improvements | 2,509 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 238 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,509 | ||
Total | 2,747 | ||
Accumulated Depreciation | $ (21) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 512 | ||
Initial Cost, Building and Building Improvements | 4,670 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 512 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,670 | ||
Total | 5,182 | ||
Accumulated Depreciation | $ (79) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 169 | ||
Initial Cost, Building and Building Improvements | 1,710 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 169 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,710 | ||
Total | 1,879 | ||
Accumulated Depreciation | $ (16) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 212 | ||
Initial Cost, Building and Building Improvements | 1,504 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 212 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,504 | ||
Total | 1,716 | ||
Accumulated Depreciation | $ (14) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 467 | ||
Initial Cost, Building and Building Improvements | 2,517 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 21 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 467 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,538 | ||
Total | 3,005 | ||
Accumulated Depreciation | $ (26) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,153 | ||
Initial Cost, Building and Building Improvements | 4,579 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,153 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,579 | ||
Total | 5,732 | ||
Accumulated Depreciation | $ (38) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,849 | ||
Initial Cost, Building and Building Improvements | 5,877 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 325 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,849 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,202 | ||
Total | 8,051 | ||
Accumulated Depreciation | $ (183) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 590 | ||
Initial Cost, Building and Building Improvements | 5,240 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 590 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,240 | ||
Total | 5,830 | ||
Accumulated Depreciation | $ (126) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 926 | ||
Initial Cost, Building and Building Improvements | 8,160 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 926 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,160 | ||
Total | 9,086 | ||
Accumulated Depreciation | $ (199) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 539 | ||
Initial Cost, Building and Building Improvements | 4,767 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 539 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,767 | ||
Total | 5,306 | ||
Accumulated Depreciation | $ (110) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 674 | ||
Initial Cost, Building and Building Improvements | 5,957 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 674 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,957 | ||
Total | 6,631 | ||
Accumulated Depreciation | $ (142) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 758 | ||
Initial Cost, Building and Building Improvements | 6,794 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 758 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,794 | ||
Total | 7,552 | ||
Accumulated Depreciation | $ (161) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 975 | ||
Initial Cost, Building and Building Improvements | 8,462 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 975 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,462 | ||
Total | 9,437 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 424 | ||
Initial Cost, Building and Building Improvements | 3,718 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 424 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,718 | ||
Total | 4,142 | ||
Accumulated Depreciation | $ (33) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 533 | ||
Initial Cost, Building and Building Improvements | 4,632 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 533 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,632 | ||
Total | 5,165 | ||
Accumulated Depreciation | $ (39) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,270 | ||
Initial Cost, Building and Building Improvements | 7,997 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 72 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,270 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,069 | ||
Total | 9,339 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 828 | ||
Initial Cost, Building and Building Improvements | 6,543 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 828 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,543 | ||
Total | 7,371 | ||
Accumulated Depreciation | $ (122) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,840 | ||
Initial Cost, Building and Building Improvements | 9,890 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 56 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,840 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,946 | ||
Total | 11,786 | ||
Accumulated Depreciation | $ (118) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Arlington, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 603 | ||
Initial Cost, Building and Building Improvements | 3,171 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 64 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 603 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,235 | ||
Total | 3,838 | ||
Accumulated Depreciation | $ (29) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Arlington, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,139 | ||
Initial Cost, Building and Building Improvements | 7,141 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,139 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,141 | ||
Total | 8,280 | ||
Accumulated Depreciation | $ (59) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Arlington, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,054 | ||
Initial Cost, Building and Building Improvements | 6,454 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,054 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,454 | ||
Total | 7,508 | ||
Accumulated Depreciation | $ (63) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Arlington, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,230 | ||
Initial Cost, Building and Building Improvements | 7,085 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 35 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,230 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,120 | ||
Total | 8,350 | ||
Accumulated Depreciation | $ (60) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Arlington, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 617 | ||
Initial Cost, Building and Building Improvements | 3,469 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 617 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,469 | ||
Total | 4,086 | ||
Accumulated Depreciation | $ (35) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Arlington, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 624 | ||
Initial Cost, Building and Building Improvements | 3,417 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 29 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 624 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,446 | ||
Total | 4,070 | ||
Accumulated Depreciation | $ (38) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 353 | ||
Initial Cost, Building and Building Improvements | 2,529 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 353 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,529 | ||
Total | 2,882 | ||
Accumulated Depreciation | $ (28) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 339 | ||
Initial Cost, Building and Building Improvements | 2,560 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 14 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 339 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,574 | ||
Total | 2,913 | ||
Accumulated Depreciation | $ (30) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,204 | ||
Initial Cost, Building and Building Improvements | 6,060 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 77 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,204 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,137 | ||
Total | 7,341 | ||
Accumulated Depreciation | $ (59) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fort Worth, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,455 | ||
Initial Cost, Building and Building Improvements | 26,591 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,455 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 26,591 | ||
Total | 30,046 | ||
Accumulated Depreciation | $ (224) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fort Worth, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,936 | ||
Initial Cost, Building and Building Improvements | 12,303 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,936 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,303 | ||
Total | 14,239 | ||
Accumulated Depreciation | $ (109) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fort Worth, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,181 | ||
Initial Cost, Building and Building Improvements | 39,971 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 299 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,181 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 40,270 | ||
Total | 45,451 | ||
Accumulated Depreciation | $ (314) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fort Worth, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,074 | ||
Initial Cost, Building and Building Improvements | 37,098 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,074 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 37,098 | ||
Total | 42,172 | ||
Accumulated Depreciation | $ (328) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Irving, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 875 | ||
Initial Cost, Building and Building Improvements | 31,181 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 875 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,181 | ||
Total | 32,056 | ||
Accumulated Depreciation | $ (393) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Irving, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 517 | ||
Initial Cost, Building and Building Improvements | 18,989 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 517 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,989 | ||
Total | 19,506 | ||
Accumulated Depreciation | $ (214) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hanover, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,767 | ||
Initial Cost, Building and Building Improvements | 27,566 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,767 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 27,566 | ||
Total | 32,333 | ||
Accumulated Depreciation | $ (236) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Frederick, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,371 | ||
Initial Cost, Building and Building Improvements | 12,508 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 22 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,371 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,530 | ||
Total | 17,901 | ||
Accumulated Depreciation | $ (207) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Frederick, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,816 | ||
Initial Cost, Building and Building Improvements | 15,008 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,816 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,008 | ||
Total | 20,824 | ||
Accumulated Depreciation | $ (245) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Frederick, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,983 | ||
Initial Cost, Building and Building Improvements | 4,464 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 13 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,983 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,477 | ||
Total | 11,460 | ||
Accumulated Depreciation | $ (116) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Alexandria, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,432 | ||
Initial Cost, Building and Building Improvements | 17,495 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 18 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,432 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,513 | ||
Total | 21,945 | ||
Accumulated Depreciation | $ (380) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lockbourne, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,278 | ||
Initial Cost, Building and Building Improvements | 73,541 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,278 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 73,541 | ||
Total | 80,819 | ||
Accumulated Depreciation | $ (724) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lenexa, KS [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,020 | ||
Initial Cost, Building and Building Improvements | 7,713 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 92 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,020 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,805 | ||
Total | 8,825 | ||
Accumulated Depreciation | $ (125) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,378 | ||
Initial Cost, Building and Building Improvements | 8,574 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,378 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,574 | ||
Total | 9,952 | ||
Accumulated Depreciation | $ (73) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 464 | ||
Initial Cost, Building and Building Improvements | 2,737 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 314 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 464 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,051 | ||
Total | 3,515 | ||
Accumulated Depreciation | $ (25) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,186 | ||
Initial Cost, Building and Building Improvements | 6,896 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,186 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,896 | ||
Total | 8,082 | ||
Accumulated Depreciation | $ (81) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Hope, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,022 | ||
Initial Cost, Building and Building Improvements | 6,249 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,022 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,249 | ||
Total | 8,271 | ||
Accumulated Depreciation | $ (68) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Hope, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,880 | ||
Initial Cost, Building and Building Improvements | 6,080 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,880 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,080 | ||
Total | 7,960 | ||
Accumulated Depreciation | $ (61) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Eden Prairie, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,377 | ||
Initial Cost, Building and Building Improvements | 7,171 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,377 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,171 | ||
Total | 8,548 | ||
Accumulated Depreciation | $ (93) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Glenn Dale, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,614 | ||
Initial Cost, Building and Building Improvements | 5,510 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 126 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,614 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,636 | ||
Total | 13,250 | ||
Accumulated Depreciation | $ (66) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Ashland, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 566 | ||
Initial Cost, Building and Building Improvements | 7,345 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 566 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,345 | ||
Total | 7,911 | ||
Accumulated Depreciation | $ (177) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Ashland, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 579 | ||
Initial Cost, Building and Building Improvements | 7,321 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 515 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 579 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,836 | ||
Total | 8,415 | ||
Accumulated Depreciation | $ (117) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,504 | ||
Initial Cost, Building and Building Improvements | 10,823 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,504 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,823 | ||
Total | 12,327 | ||
Accumulated Depreciation | $ (166) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,594 | ||
Initial Cost, Building and Building Improvements | 12,734 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,594 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,734 | ||
Total | 14,328 | ||
Accumulated Depreciation | $ (221) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chesapeake, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,107 | ||
Initial Cost, Building and Building Improvements | 8,957 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 76 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,107 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,033 | ||
Total | 11,140 | ||
Accumulated Depreciation | $ (82) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,732 | ||
Initial Cost, Building and Building Improvements | 11,642 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,732 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,647 | ||
Total | 13,379 | ||
Accumulated Depreciation | $ (156) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chesapeake, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,886 | ||
Initial Cost, Building and Building Improvements | 15,959 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 72 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,886 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,031 | ||
Total | 17,917 | ||
Accumulated Depreciation | $ (280) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 862 | ||
Initial Cost, Building and Building Improvements | 3,711 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 862 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,711 | ||
Total | 4,573 | ||
Accumulated Depreciation | $ (61) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chesapeake, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,377 | ||
Initial Cost, Building and Building Improvements | 16,613 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,377 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,613 | ||
Total | 18,990 | ||
Accumulated Depreciation | $ (157) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,159 | ||
Initial Cost, Building and Building Improvements | 13,316 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,159 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,316 | ||
Total | 14,475 | ||
Accumulated Depreciation | $ (215) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chesapeake, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,123 | ||
Initial Cost, Building and Building Improvements | 6,407 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,123 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,407 | ||
Total | 7,530 | ||
Accumulated Depreciation | $ (99) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,072 | ||
Initial Cost, Building and Building Improvements | 12,311 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,072 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,311 | ||
Total | 13,383 | ||
Accumulated Depreciation | $ (199) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hampton, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,125 | ||
Initial Cost, Building and Building Improvements | 20,294 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,125 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,294 | ||
Total | 24,419 | ||
Accumulated Depreciation | $ (411) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chesapeake, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,434 | ||
Initial Cost, Building and Building Improvements | 19,890 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 123 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,434 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,013 | ||
Total | 23,447 | ||
Accumulated Depreciation | $ (200) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hampton, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,592 | ||
Initial Cost, Building and Building Improvements | 7,121 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 31 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,592 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,152 | ||
Total | 9,744 | ||
Accumulated Depreciation | $ (158) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chesapeake, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,099 | ||
Initial Cost, Building and Building Improvements | 8,819 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,099 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,819 | ||
Total | 9,918 | ||
Accumulated Depreciation | $ (102) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hampton, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,412 | ||
Initial Cost, Building and Building Improvements | 5,441 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 81 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,412 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,522 | ||
Total | 6,934 | ||
Accumulated Depreciation | $ (122) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Marietta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,040 | ||
Initial Cost, Building and Building Improvements | 6,779 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,040 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,779 | ||
Total | 7,819 | ||
Accumulated Depreciation | $ (54) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lawrenceville, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 769 | ||
Initial Cost, Building and Building Improvements | 4,744 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 769 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,744 | ||
Total | 5,513 | ||
Accumulated Depreciation | $ (38) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lawrenceville, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 781 | ||
Initial Cost, Building and Building Improvements | 4,931 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 781 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,931 | ||
Total | 5,712 | ||
Accumulated Depreciation | $ (39) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,146 | ||
Initial Cost, Building and Building Improvements | 19,718 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 189 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,146 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,907 | ||
Total | 23,053 | ||
Accumulated Depreciation | $ (158) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,900 | ||
Initial Cost, Building and Building Improvements | 11,958 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,900 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,958 | ||
Total | 13,858 | ||
Accumulated Depreciation | $ (95) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,943 | ||
Initial Cost, Building and Building Improvements | 18,634 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 159 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,943 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,793 | ||
Total | 21,736 | ||
Accumulated Depreciation | $ (159) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 901 | ||
Initial Cost, Building and Building Improvements | 5,676 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 901 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,676 | ||
Total | 6,577 | ||
Accumulated Depreciation | $ (46) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,811 | ||
Initial Cost, Building and Building Improvements | 15,921 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,811 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,921 | ||
Total | 18,732 | ||
Accumulated Depreciation | $ (128) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,619 | ||
Initial Cost, Building and Building Improvements | 17,944 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,619 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,944 | ||
Total | 19,563 | ||
Accumulated Depreciation | $ (296) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | McDonough, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,897 | ||
Initial Cost, Building and Building Improvements | 50,607 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,897 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 50,607 | ||
Total | 54,504 | ||
Accumulated Depreciation | $ (621) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Suwanee, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,191 | ||
Initial Cost, Building and Building Improvements | 6,529 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,191 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,529 | ||
Total | 7,720 | ||
Accumulated Depreciation | $ (84) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Kennesaw, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 784 | ||
Initial Cost, Building and Building Improvements | 7,102 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 784 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,102 | ||
Total | 7,886 | ||
Accumulated Depreciation | $ (125) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Kennesaw, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 662 | ||
Initial Cost, Building and Building Improvements | 6,002 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 662 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,002 | ||
Total | 6,664 | ||
Accumulated Depreciation | $ (106) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lakeland, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,573 | ||
Initial Cost, Building and Building Improvements | 16,074 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,573 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,074 | ||
Total | 17,647 | ||
Accumulated Depreciation | $ (374) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lakeland, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 760 | ||
Initial Cost, Building and Building Improvements | 9,465 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 28 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 760 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,493 | ||
Total | 10,253 | ||
Accumulated Depreciation | $ (219) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | McDonough, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,583 | ||
Initial Cost, Building and Building Improvements | 92,969 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,583 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 92,969 | ||
Total | 99,552 | ||
Accumulated Depreciation | $ (909) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 691 | ||
Initial Cost, Building and Building Improvements | 3,827 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 691 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,827 | ||
Total | 4,518 | ||
Accumulated Depreciation | $ (33) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 798 | ||
Initial Cost, Building and Building Improvements | 3,590 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 798 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,590 | ||
Total | 4,388 | ||
Accumulated Depreciation | $ (31) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 735 | ||
Initial Cost, Building and Building Improvements | 4,416 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 735 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,416 | ||
Total | 5,151 | ||
Accumulated Depreciation | $ (36) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 864 | ||
Initial Cost, Building and Building Improvements | 4,212 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 864 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,212 | ||
Total | 5,076 | ||
Accumulated Depreciation | $ (35) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 765 | ||
Initial Cost, Building and Building Improvements | 4,280 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 765 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,280 | ||
Total | 5,045 | ||
Accumulated Depreciation | $ (36) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,211 | ||
Initial Cost, Building and Building Improvements | 6,371 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 56 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,211 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,427 | ||
Total | 7,638 | ||
Accumulated Depreciation | $ (50) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,141 | ||
Initial Cost, Building and Building Improvements | 5,641 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,141 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,641 | ||
Total | 6,782 | ||
Accumulated Depreciation | $ (48) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,203 | ||
Initial Cost, Building and Building Improvements | 6,587 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,203 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,587 | ||
Total | 7,790 | ||
Accumulated Depreciation | $ (54) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,295 | ||
Initial Cost, Building and Building Improvements | 7,497 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,295 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,497 | ||
Total | 8,792 | ||
Accumulated Depreciation | $ (61) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 8,897 | ||
Initial Cost, Building and Building Improvements | 37,911 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,140 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,897 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 39,051 | ||
Total | 47,948 | ||
Accumulated Depreciation | $ (415) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 489 | ||
Initial Cost, Building and Building Improvements | 1,781 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 489 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,781 | ||
Total | 2,270 | ||
Accumulated Depreciation | $ (14) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,534 | ||
Initial Cost, Building and Building Improvements | 8,500 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,534 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,500 | ||
Total | 10,034 | ||
Accumulated Depreciation | $ (218) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 435 | ||
Initial Cost, Building and Building Improvements | 2,430 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 435 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,430 | ||
Total | 2,865 | ||
Accumulated Depreciation | $ (61) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 825 | ||
Initial Cost, Building and Building Improvements | 6,061 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 825 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,061 | ||
Total | 6,886 | ||
Accumulated Depreciation | $ (50) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 838 | ||
Initial Cost, Building and Building Improvements | 6,304 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 838 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,309 | ||
Total | 7,147 | ||
Accumulated Depreciation | $ (52) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,234 | ||
Initial Cost, Building and Building Improvements | 3,861 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,234 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,861 | ||
Total | 5,095 | ||
Accumulated Depreciation | $ (32) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 939 | ||
Initial Cost, Building and Building Improvements | 4,361 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 939 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,361 | ||
Total | 5,300 | ||
Accumulated Depreciation | $ (34) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 949 | ||
Initial Cost, Building and Building Improvements | 4,995 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 949 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,995 | ||
Total | 5,944 | ||
Accumulated Depreciation | $ (39) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 328 | ||
Initial Cost, Building and Building Improvements | 3,384 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 35 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 328 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,419 | ||
Total | 3,747 | ||
Accumulated Depreciation | $ (28) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 348 | ||
Initial Cost, Building and Building Improvements | 3,681 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 19 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 348 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,700 | ||
Total | 4,048 | ||
Accumulated Depreciation | $ (31) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lakeland, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,765 | ||
Initial Cost, Building and Building Improvements | 18,029 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,765 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,029 | ||
Total | 19,794 | ||
Accumulated Depreciation | $ (156) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,434 | ||
Initial Cost, Building and Building Improvements | 6,347 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 50 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,434 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,397 | ||
Total | 7,831 | ||
Accumulated Depreciation | $ (58) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,755 | ||
Initial Cost, Building and Building Improvements | 12,076 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,755 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,076 | ||
Total | 13,831 | ||
Accumulated Depreciation | $ (101) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Marietta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,306 | ||
Initial Cost, Building and Building Improvements | 8,488 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,306 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,488 | ||
Total | 9,794 | ||
Accumulated Depreciation | $ (67) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,352 | ||
Initial Cost, Building and Building Improvements | 5,760 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,352 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,760 | ||
Total | 7,112 | ||
Accumulated Depreciation | $ (48) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 943 | ||
Initial Cost, Building and Building Improvements | 2,998 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 943 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,998 | ||
Total | 3,941 | ||
Accumulated Depreciation | $ (24) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,481 | ||
Initial Cost, Building and Building Improvements | 6,753 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 52 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,481 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,805 | ||
Total | 8,286 | ||
Accumulated Depreciation | $ (55) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,733 | ||
Initial Cost, Building and Building Improvements | 9,922 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,733 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,922 | ||
Total | 11,655 | ||
Accumulated Depreciation | $ (81) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 687 | ||
Initial Cost, Building and Building Improvements | 5,039 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 687 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,039 | ||
Total | 5,726 | ||
Accumulated Depreciation | $ (39) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,432 | ||
Initial Cost, Building and Building Improvements | 6,326 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 18 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,432 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,344 | ||
Total | 8,776 | ||
Accumulated Depreciation | $ (112) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 603 | ||
Initial Cost, Building and Building Improvements | 3,593 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 603 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,602 | ||
Total | 4,205 | ||
Accumulated Depreciation | $ (58) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 562 | ||
Initial Cost, Building and Building Improvements | 2,644 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 72 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 562 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,716 | ||
Total | 3,278 | ||
Accumulated Depreciation | $ (42) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,893 | ||
Initial Cost, Building and Building Improvements | 7,633 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,893 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,633 | ||
Total | 9,526 | ||
Accumulated Depreciation | $ (195) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,431 | ||
Initial Cost, Building and Building Improvements | 12,051 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,431 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,051 | ||
Total | 14,482 | ||
Accumulated Depreciation | $ (258) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,862 | ||
Initial Cost, Building and Building Improvements | 8,683 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,862 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,683 | ||
Total | 10,545 | ||
Accumulated Depreciation | $ (73) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,932 | ||
Initial Cost, Building and Building Improvements | 10,485 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,932 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,485 | ||
Total | 12,417 | ||
Accumulated Depreciation | $ (89) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,281 | ||
Initial Cost, Building and Building Improvements | 10,943 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,281 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,943 | ||
Total | 13,224 | ||
Accumulated Depreciation | $ (91) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,043 | ||
Initial Cost, Building and Building Improvements | 26,535 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,043 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 26,535 | ||
Total | 31,578 | ||
Accumulated Depreciation | $ (628) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,509 | ||
Initial Cost, Building and Building Improvements | 22,120 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,509 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 22,120 | ||
Total | 25,629 | ||
Accumulated Depreciation | $ (178) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,664 | ||
Initial Cost, Building and Building Improvements | 9,596 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,664 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,596 | ||
Total | 11,260 | ||
Accumulated Depreciation | $ (80) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Ball Ground, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,988 | ||
Initial Cost, Building and Building Improvements | 2,196 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,988 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,196 | ||
Total | 5,184 | ||
Accumulated Depreciation | $ (26) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Benicia, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,132 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,132 | ||
Total | $ 6,132 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reading, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 272 | ||
Initial Cost, Building and Building Improvements | 8,180 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 272 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,180 | ||
Total | 8,452 | ||
Accumulated Depreciation | $ (140) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Reading, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 497 | ||
Initial Cost, Building and Building Improvements | 17,111 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 497 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,111 | ||
Total | 17,608 | ||
Accumulated Depreciation | $ (291) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | The Colony, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 11,646 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,646 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1 | ||
Total | $ 11,647 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Chester, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 8,072 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,072 | ||
Total | $ 8,072 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Minneapolis, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,178 | ||
Initial Cost, Building and Building Improvements | 7,490 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,178 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,492 | ||
Total | 9,670 | ||
Accumulated Depreciation | $ (83) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Elkwood, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,548 | ||
Initial Cost, Building and Building Improvements | 7,990 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,548 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,990 | ||
Total | 9,538 | ||
Accumulated Depreciation | $ (202) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | West Chester, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,009 | ||
Initial Cost, Building and Building Improvements | 10,872 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,009 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,872 | ||
Total | 12,881 | ||
Accumulated Depreciation | $ (102) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Harrison, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,177 | ||
Initial Cost, Building and Building Improvements | 6,574 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,177 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,574 | ||
Total | 7,751 | ||
Accumulated Depreciation | $ (72) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Harrison, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,103 | ||
Initial Cost, Building and Building Improvements | 1,379 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,103 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,379 | ||
Total | 2,482 | ||
Accumulated Depreciation | $ (28) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bridgewater, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 12,005 | ||
Initial Cost, Building and Building Improvements | 37,225 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,005 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 37,242 | ||
Total | 49,247 | ||
Accumulated Depreciation | $ (343) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bridgewater, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,831 | ||
Initial Cost, Building and Building Improvements | 4,428 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,831 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,428 | ||
Total | 6,259 | ||
Accumulated Depreciation | $ (53) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Romeoville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 921 | ||
Initial Cost, Building and Building Improvements | 4,659 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 921 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,659 | ||
Total | 5,580 | ||
Accumulated Depreciation | $ (96) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Whippany, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,416 | ||
Initial Cost, Building and Building Improvements | 10,264 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 148 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,416 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,412 | ||
Total | 13,828 | ||
Accumulated Depreciation | $ (104) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Burr Ridge, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,673 | ||
Initial Cost, Building and Building Improvements | 8,591 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 39 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,673 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,630 | ||
Total | 11,303 | ||
Accumulated Depreciation | $ (75) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Joliet, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,811 | ||
Initial Cost, Building and Building Improvements | 21,868 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 21 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,811 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,889 | ||
Total | 26,700 | ||
Accumulated Depreciation | $ (241) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lincolnshire, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,059 | ||
Initial Cost, Building and Building Improvements | 4,159 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,059 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,159 | ||
Total | 5,218 | ||
Accumulated Depreciation | $ (33) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Joliet, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,390 | ||
Initial Cost, Building and Building Improvements | 29,626 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,390 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 29,626 | ||
Total | 36,016 | ||
Accumulated Depreciation | $ (350) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Vernon Hills, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,283 | ||
Initial Cost, Building and Building Improvements | 10,356 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,283 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,356 | ||
Total | 12,639 | ||
Accumulated Depreciation | $ (167) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Joliet, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,179 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,179 | ||
Total | $ 3,179 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bolingbrook, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,078 | ||
Initial Cost, Building and Building Improvements | 12,386 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,078 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,386 | ||
Total | 15,464 | ||
Accumulated Depreciation | $ (167) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Joliet, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 630 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 630 | ||
Total | $ 630 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bolingbrook, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,006 | ||
Initial Cost, Building and Building Improvements | 11,960 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,006 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,960 | ||
Total | 13,966 | ||
Accumulated Depreciation | $ (151) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Rochelle, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,648 | ||
Initial Cost, Building and Building Improvements | 28,007 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 127 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,648 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 28,134 | ||
Total | 31,782 | ||
Accumulated Depreciation | $ (335) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Middletown, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,227 | ||
Initial Cost, Building and Building Improvements | 37,526 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 251 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,227 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 37,777 | ||
Total | 41,004 | ||
Accumulated Depreciation | $ (501) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Harrisburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,660 | ||
Initial Cost, Building and Building Improvements | 43,333 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,660 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 43,333 | ||
Total | 48,993 | ||
Accumulated Depreciation | $ (357) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lemoyne, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,979 | ||
Initial Cost, Building and Building Improvements | 67,439 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,979 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 67,439 | ||
Total | 74,418 | ||
Accumulated Depreciation | $ (1,083) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Carlisle, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,851 | ||
Initial Cost, Building and Building Improvements | 40,448 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,851 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 40,448 | ||
Total | 47,299 | ||
Accumulated Depreciation | $ (543) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Carlisle, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,992 | ||
Initial Cost, Building and Building Improvements | 36,972 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,992 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 36,972 | ||
Total | 43,964 | ||
Accumulated Depreciation | $ (467) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mountain Top, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,382 | ||
Initial Cost, Building and Building Improvements | 23,560 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,382 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,560 | ||
Total | 27,942 | ||
Accumulated Depreciation | $ (443) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mechanicsburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,102 | ||
Initial Cost, Building and Building Improvements | 9,727 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 72 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,102 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,799 | ||
Total | 10,901 | ||
Accumulated Depreciation | $ (236) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mechanicsburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,916 | ||
Initial Cost, Building and Building Improvements | 27,686 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 243 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,916 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 27,929 | ||
Total | 31,845 | ||
Accumulated Depreciation | $ (748) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mechanicsburg, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,431 | ||
Initial Cost, Building and Building Improvements | 9,601 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,431 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,611 | ||
Total | 11,042 | ||
Accumulated Depreciation | $ (249) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Independence, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,892 | ||
Initial Cost, Building and Building Improvements | 13,243 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,892 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,243 | ||
Total | 15,135 | ||
Accumulated Depreciation | $ (180) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fairfield, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,721 | ||
Initial Cost, Building and Building Improvements | 9,206 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,721 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,206 | ||
Total | 10,927 | ||
Accumulated Depreciation | $ (92) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Shawnee, KS [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,179 | ||
Initial Cost, Building and Building Improvements | 11,911 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 169 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,179 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,080 | ||
Total | 14,259 | ||
Accumulated Depreciation | $ (149) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hebron, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,309 | ||
Initial Cost, Building and Building Improvements | 19,211 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,309 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,211 | ||
Total | 21,520 | ||
Accumulated Depreciation | $ (486) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 672 | ||
Initial Cost, Building and Building Improvements | 5,139 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 32 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 672 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,171 | ||
Total | 5,843 | ||
Accumulated Depreciation | $ (84) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,710 | ||
Initial Cost, Building and Building Improvements | 13,371 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,710 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,371 | ||
Total | 15,081 | ||
Accumulated Depreciation | $ (208) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,750 | ||
Initial Cost, Building and Building Improvements | 19,285 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,584 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,750 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,869 | ||
Total | 22,619 | ||
Accumulated Depreciation | $ (445) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 764 | ||
Initial Cost, Building and Building Improvements | 1,613 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 764 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,613 | ||
Total | 2,377 | ||
Accumulated Depreciation | $ (34) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 782 | ||
Initial Cost, Building and Building Improvements | 1,833 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 782 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,833 | ||
Total | 2,615 | ||
Accumulated Depreciation | $ (38) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Florence, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 785 | ||
Initial Cost, Building and Building Improvements | 4,932 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 785 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,932 | ||
Total | 5,717 | ||
Accumulated Depreciation | $ (122) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mounds View, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 366 | ||
Initial Cost, Building and Building Improvements | 3,810 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 366 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,827 | ||
Total | 4,193 | ||
Accumulated Depreciation | $ (90) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mounds View, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,464 | ||
Initial Cost, Building and Building Improvements | 13,392 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,464 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,392 | ||
Total | 14,856 | ||
Accumulated Depreciation | $ (376) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mounds View, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 738 | ||
Initial Cost, Building and Building Improvements | 7,051 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 738 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,051 | ||
Total | 7,789 | ||
Accumulated Depreciation | $ (168) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Mounds View, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,406 | ||
Initial Cost, Building and Building Improvements | 5,279 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,406 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,279 | ||
Total | 6,685 | ||
Accumulated Depreciation | $ (46) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Plymouth, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,247 | ||
Initial Cost, Building and Building Improvements | 6,024 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 179 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,247 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,203 | ||
Total | 9,450 | ||
Accumulated Depreciation | $ (121) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Eagan, MN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,716 | ||
Initial Cost, Building and Building Improvements | 14,630 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,716 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,630 | ||
Total | 17,346 | ||
Accumulated Depreciation | $ (138) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | West Chester, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,590 | ||
Initial Cost, Building and Building Improvements | 10,320 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,590 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,329 | ||
Total | 11,919 | ||
Accumulated Depreciation | $ (266) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | West Chester, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,342 | ||
Initial Cost, Building and Building Improvements | 8,382 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,342 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,382 | ||
Total | 9,724 | ||
Accumulated Depreciation | $ (132) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Romeoville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,625 | ||
Initial Cost, Building and Building Improvements | 17,104 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,530 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,625 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,634 | ||
Total | 26,259 | ||
Accumulated Depreciation | $ (147) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Romeoville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,358 | ||
Initial Cost, Building and Building Improvements | 16,127 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,358 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,127 | ||
Total | 18,485 | ||
Accumulated Depreciation | $ (131) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Coppell, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 14,809 | ||
Initial Cost, Building and Building Improvements | 56,730 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,809 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 56,730 | ||
Total | 71,539 | ||
Accumulated Depreciation | $ (543) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | DFW Airport, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 349 | ||
Initial Cost, Building and Building Improvements | 12,858 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 349 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,858 | ||
Total | 13,207 | ||
Accumulated Depreciation | $ (116) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | DFW Airport, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 438 | ||
Initial Cost, Building and Building Improvements | 15,373 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 438 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,373 | ||
Total | 15,811 | ||
Accumulated Depreciation | $ (139) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | DFW Airport, [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 348 | ||
Initial Cost, Building and Building Improvements | 12,563 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 348 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,563 | ||
Total | 12,911 | ||
Accumulated Depreciation | $ (108) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,297 | ||
Initial Cost, Building and Building Improvements | 10,933 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,297 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,933 | ||
Total | 12,230 | ||
Accumulated Depreciation | $ (81) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Carrollton, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,840 | ||
Initial Cost, Building and Building Improvements | 9,599 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,840 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,616 | ||
Total | 11,456 | ||
Accumulated Depreciation | $ (92) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Carrollton, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,648 | ||
Initial Cost, Building and Building Improvements | 6,793 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 15 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,648 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,808 | ||
Total | 8,456 | ||
Accumulated Depreciation | $ (59) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Allen, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,933 | ||
Initial Cost, Building and Building Improvements | 18,579 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,933 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,579 | ||
Total | 21,512 | ||
Accumulated Depreciation | $ (307) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,571 | ||
Initial Cost, Building and Building Improvements | 41,168 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 118 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,571 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 41,286 | ||
Total | 46,857 | ||
Accumulated Depreciation | $ (571) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 883 | ||
Initial Cost, Building and Building Improvements | 8,760 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 883 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,760 | ||
Total | 9,643 | ||
Accumulated Depreciation | $ (157) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,338 | ||
Initial Cost, Building and Building Improvements | 10,012 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,338 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,012 | ||
Total | 11,350 | ||
Accumulated Depreciation | $ (191) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 519 | ||
Initial Cost, Building and Building Improvements | 4,170 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 519 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,170 | ||
Total | 4,689 | ||
Accumulated Depreciation | $ (84) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,007 | ||
Initial Cost, Building and Building Improvements | 8,060 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,007 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,060 | ||
Total | 9,067 | ||
Accumulated Depreciation | $ (154) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,367 | ||
Initial Cost, Building and Building Improvements | 12,476 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 6 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,367 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,482 | ||
Total | 13,849 | ||
Accumulated Depreciation | $ (233) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | El Paso, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,631 | ||
Initial Cost, Building and Building Improvements | 11,722 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,631 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,722 | ||
Total | 13,353 | ||
Accumulated Depreciation | $ (216) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | North Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 9,777 | ||
Initial Cost, Building and Building Improvements | 57,617 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 16 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,777 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 57,633 | ||
Total | 67,410 | ||
Accumulated Depreciation | $ (479) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Jeffersonville, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,735 | ||
Initial Cost, Building and Building Improvements | 36,458 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,735 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 36,458 | ||
Total | 42,193 | ||
Accumulated Depreciation | $ (319) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Elgin, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,788 | ||
Initial Cost, Building and Building Improvements | 10,789 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,788 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,789 | ||
Total | 12,577 | ||
Accumulated Depreciation | $ (169) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Broadview, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,403 | ||
Initial Cost, Building and Building Improvements | 5,962 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,403 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,962 | ||
Total | 10,365 | ||
Accumulated Depreciation | $ (51) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | North Aurora, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,718 | ||
Initial Cost, Building and Building Improvements | 6,938 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,718 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,941 | ||
Total | 8,659 | ||
Accumulated Depreciation | $ (112) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Schaumburg, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,639 | ||
Initial Cost, Building and Building Improvements | 7,761 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,639 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,761 | ||
Total | 10,400 | ||
Accumulated Depreciation | $ (74) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | New Berlin, WI [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,143 | ||
Initial Cost, Building and Building Improvements | 8,597 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,143 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,597 | ||
Total | 9,740 | ||
Accumulated Depreciation | $ (129) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,454 | ||
Initial Cost, Building and Building Improvements | 7,700 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,454 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,700 | ||
Total | 9,154 | ||
Accumulated Depreciation | $ (183) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Aurora, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 686 | ||
Initial Cost, Building and Building Improvements | 3,311 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 60 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 686 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,371 | ||
Total | 4,057 | ||
Accumulated Depreciation | $ (42) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bedford Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 8,125 | ||
Initial Cost, Building and Building Improvements | 9,767 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 22 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,125 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,789 | ||
Total | 17,914 | ||
Accumulated Depreciation | $ (155) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bedford Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,764 | ||
Initial Cost, Building and Building Improvements | 17,610 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,764 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,610 | ||
Total | 21,374 | ||
Accumulated Depreciation | $ (246) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bensenville, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,003 | ||
Initial Cost, Building and Building Improvements | 8,149 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,003 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,159 | ||
Total | 10,162 | ||
Accumulated Depreciation | $ (67) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bedford Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,256 | ||
Initial Cost, Building and Building Improvements | 11,031 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,256 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,031 | ||
Total | 14,287 | ||
Accumulated Depreciation | $ (106) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Middletown, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,459 | ||
Initial Cost, Building and Building Improvements | 51,911 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 25 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,459 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,936 | ||
Total | 56,395 | ||
Accumulated Depreciation | $ (710) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Addison, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 628 | ||
Initial Cost, Building and Building Improvements | 1,001 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 29 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 628 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,030 | ||
Total | 1,658 | ||
Accumulated Depreciation | $ (11) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Addison, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,149 | ||
Initial Cost, Building and Building Improvements | 1,846 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 22 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,149 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,868 | ||
Total | 3,017 | ||
Accumulated Depreciation | $ (18) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fremont, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 567 | ||
Initial Cost, Building and Building Improvements | 7,357 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 567 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,357 | ||
Total | 7,924 | ||
Accumulated Depreciation | $ (130) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fremont, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 474 | ||
Initial Cost, Building and Building Improvements | 5,812 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 474 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,812 | ||
Total | 6,286 | ||
Accumulated Depreciation | $ (112) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fremont, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 191 | ||
Initial Cost, Building and Building Improvements | 1,461 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 191 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,461 | ||
Total | 1,652 | ||
Accumulated Depreciation | $ (11) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fremont, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 226 | ||
Initial Cost, Building and Building Improvements | 1,455 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 226 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,455 | ||
Total | 1,681 | ||
Accumulated Depreciation | $ (11) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 635 | ||
Initial Cost, Building and Building Improvements | 1,335 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 635 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,335 | ||
Total | 1,970 | ||
Accumulated Depreciation | $ (13) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 290 | ||
Initial Cost, Building and Building Improvements | 655 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 290 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 655 | ||
Total | 945 | ||
Accumulated Depreciation | $ (6) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,242 | ||
Initial Cost, Building and Building Improvements | 3,274 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,242 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,274 | ||
Total | 4,516 | ||
Accumulated Depreciation | $ (33) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 730 | ||
Initial Cost, Building and Building Improvements | 2,336 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 730 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,337 | ||
Total | 3,067 | ||
Accumulated Depreciation | $ (22) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 849 | ||
Initial Cost, Building and Building Improvements | 1,970 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 849 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,970 | ||
Total | 2,819 | ||
Accumulated Depreciation | $ (20) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 882 | ||
Initial Cost, Building and Building Improvements | 2,357 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 882 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,357 | ||
Total | 3,239 | ||
Accumulated Depreciation | $ (23) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 526 | ||
Initial Cost, Building and Building Improvements | 1,284 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 526 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,284 | ||
Total | 1,810 | ||
Accumulated Depreciation | $ (13) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,554 | ||
Initial Cost, Building and Building Improvements | 5,286 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,554 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,286 | ||
Total | 6,840 | ||
Accumulated Depreciation | $ (51) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 369 | ||
Initial Cost, Building and Building Improvements | 701 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 369 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 701 | ||
Total | 1,070 | ||
Accumulated Depreciation | $ (7) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Sauk Village, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,822 | ||
Initial Cost, Building and Building Improvements | 8,843 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 100 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,822 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,943 | ||
Total | 10,765 | ||
Accumulated Depreciation | $ (125) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 850 | ||
Initial Cost, Building and Building Improvements | 5,210 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 850 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,210 | ||
Total | 6,060 | ||
Accumulated Depreciation | $ (51) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 809 | ||
Initial Cost, Building and Building Improvements | 4,254 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 809 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,254 | ||
Total | 5,063 | ||
Accumulated Depreciation | $ (33) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 814 | ||
Initial Cost, Building and Building Improvements | 4,594 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 814 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,594 | ||
Total | 5,408 | ||
Accumulated Depreciation | $ (44) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 703 | ||
Initial Cost, Building and Building Improvements | 5,022 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 703 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,022 | ||
Total | 5,725 | ||
Accumulated Depreciation | $ (39) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 619 | ||
Initial Cost, Building and Building Improvements | 4,390 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 619 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,390 | ||
Total | 5,009 | ||
Accumulated Depreciation | $ (35) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,281 | ||
Initial Cost, Building and Building Improvements | 6,406 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,281 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,406 | ||
Total | 7,687 | ||
Accumulated Depreciation | $ (49) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,184 | ||
Initial Cost, Building and Building Improvements | 10,712 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,184 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,712 | ||
Total | 11,896 | ||
Accumulated Depreciation | $ (86) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,392 | ||
Initial Cost, Building and Building Improvements | 8,357 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,392 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,357 | ||
Total | 9,749 | ||
Accumulated Depreciation | $ (72) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Columbus, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 875 | ||
Initial Cost, Building and Building Improvements | 3,958 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 875 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,958 | ||
Total | 4,833 | ||
Accumulated Depreciation | $ (69) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Plainfield, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,165 | ||
Initial Cost, Building and Building Improvements | 42,337 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,165 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 42,337 | ||
Total | 48,502 | ||
Accumulated Depreciation | $ (545) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,671 | ||
Initial Cost, Building and Building Improvements | 7,987 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,671 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,987 | ||
Total | 10,658 | ||
Accumulated Depreciation | $ (64) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,827 | ||
Initial Cost, Building and Building Improvements | 27,999 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,827 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 27,999 | ||
Total | 32,826 | ||
Accumulated Depreciation | $ (650) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,882 | ||
Initial Cost, Building and Building Improvements | 13,721 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,882 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,721 | ||
Total | 15,603 | ||
Accumulated Depreciation | $ (172) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,392 | ||
Initial Cost, Building and Building Improvements | 19,106 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 18 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,392 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,124 | ||
Total | 21,516 | ||
Accumulated Depreciation | $ (258) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Groveport, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,065 | ||
Initial Cost, Building and Building Improvements | 26,553 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,065 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 26,553 | ||
Total | 29,618 | ||
Accumulated Depreciation | $ (281) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Bernardino, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,053 | ||
Initial Cost, Building and Building Improvements | 124,288 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,053 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 124,288 | ||
Total | 128,341 | ||
Accumulated Depreciation | $ (1,040) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | York, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 14,330 | ||
Initial Cost, Building and Building Improvements | 105,771 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,330 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 105,771 | ||
Total | 120,101 | ||
Accumulated Depreciation | $ (894) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Kennesaw, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,901 | ||
Initial Cost, Building and Building Improvements | 15,871 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,901 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,871 | ||
Total | 17,772 | ||
Accumulated Depreciation | $ (153) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | DeSoto, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 8,135 | ||
Initial Cost, Building and Building Improvements | 76,018 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,135 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 76,018 | ||
Total | 84,153 | ||
Accumulated Depreciation | $ (678) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,111 | ||
Initial Cost, Building and Building Improvements | 21,788 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,111 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,788 | ||
Total | 25,899 | ||
Accumulated Depreciation | $ (250) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hanover Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,707 | ||
Initial Cost, Building and Building Improvements | 34,315 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,707 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 34,315 | ||
Total | 39,022 | ||
Accumulated Depreciation | $ (450) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Joliet, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 9,172 | ||
Initial Cost, Building and Building Improvements | 49,191 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,172 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,191 | ||
Total | 58,363 | ||
Accumulated Depreciation | $ (427) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Garland, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,515 | ||
Initial Cost, Building and Building Improvements | 16,087 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,515 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,087 | ||
Total | 18,602 | ||
Accumulated Depreciation | $ (207) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hanover Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,663 | ||
Initial Cost, Building and Building Improvements | 9,508 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,663 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,508 | ||
Total | 12,171 | ||
Accumulated Depreciation | $ (180) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bolingbrook, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,105 | ||
Initial Cost, Building and Building Improvements | 24,504 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 42 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,105 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 24,546 | ||
Total | 27,651 | ||
Accumulated Depreciation | $ (290) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Joliet, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,534 | ||
Initial Cost, Building and Building Improvements | 25,549 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,534 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 25,549 | ||
Total | 30,083 | ||
Accumulated Depreciation | $ (294) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Elgin, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,437 | ||
Initial Cost, Building and Building Improvements | 14,505 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,437 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,505 | ||
Total | 16,942 | ||
Accumulated Depreciation | $ (166) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Carol Stream, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,385 | ||
Initial Cost, Building and Building Improvements | 6,796 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,385 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,796 | ||
Total | 10,181 | ||
Accumulated Depreciation | $ (75) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Hanover Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,433 | ||
Initial Cost, Building and Building Improvements | 22,731 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,433 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 22,731 | ||
Total | 27,164 | ||
Accumulated Depreciation | $ (361) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Braselton, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,808 | ||
Initial Cost, Building and Building Improvements | 70,501 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,808 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 70,501 | ||
Total | 77,309 | ||
Accumulated Depreciation | $ (598) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,876 | ||
Initial Cost, Building and Building Improvements | 22,104 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,876 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 22,104 | ||
Total | 25,980 | ||
Accumulated Depreciation | $ (174) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Bedford Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,773 | ||
Initial Cost, Building and Building Improvements | 20,325 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,773 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,326 | ||
Total | 27,099 | ||
Accumulated Depreciation | $ (234) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Melrose Park, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,568 | ||
Initial Cost, Building and Building Improvements | 11,536 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,568 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,543 | ||
Total | 15,111 | ||
Accumulated Depreciation | $ (137) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Kutztown, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 10,017 | ||
Initial Cost, Building and Building Improvements | 41,567 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,017 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 41,567 | ||
Total | 51,584 | ||
Accumulated Depreciation | $ (370) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,885 | ||
Initial Cost, Building and Building Improvements | 40,311 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,885 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 40,311 | ||
Total | 48,196 | ||
Accumulated Depreciation | $ (380) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,683 | ||
Initial Cost, Building and Building Improvements | 24,880 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,683 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 24,880 | ||
Total | 31,563 | ||
Accumulated Depreciation | $ (272) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,611 | ||
Initial Cost, Building and Building Improvements | 14,870 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,611 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,870 | ||
Total | 17,481 | ||
Accumulated Depreciation | $ (260) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Fairburn, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,672 | ||
Initial Cost, Building and Building Improvements | 22,803 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,672 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 22,803 | ||
Total | 26,475 | ||
Accumulated Depreciation | $ (206) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Houston, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,323 | ||
Initial Cost, Building and Building Improvements | 11,491 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 42 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,323 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,533 | ||
Total | 13,856 | ||
Accumulated Depreciation | $ (189) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | North Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 14,730 | ||
Initial Cost, Building and Building Improvements | 80,458 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,730 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 80,458 | ||
Total | 95,188 | ||
Accumulated Depreciation | $ (640) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Indianapolis, IN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,206 | ||
Initial Cost, Building and Building Improvements | 24,991 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 266 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,206 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 25,257 | ||
Total | 30,463 | ||
Accumulated Depreciation | $ (223) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 7,302 | ||
Initial Cost, Building and Building Improvements | 51,914 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,302 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,914 | ||
Total | 59,216 | ||
Accumulated Depreciation | $ (511) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,910 | ||
Initial Cost, Building and Building Improvements | 9,700 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,910 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,700 | ||
Total | 11,610 | ||
Accumulated Depreciation | $ (80) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 891 | ||
Initial Cost, Building and Building Improvements | 6,379 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 891 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,379 | ||
Total | 7,270 | ||
Accumulated Depreciation | $ (132) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,925 | ||
Initial Cost, Building and Building Improvements | 10,498 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,925 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,498 | ||
Total | 12,423 | ||
Accumulated Depreciation | $ (169) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | North Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 11,297 | ||
Initial Cost, Building and Building Improvements | 53,947 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,297 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 53,947 | ||
Total | 65,244 | ||
Accumulated Depreciation | $ (436) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 330 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 330 | ||
Total | $ 330 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 330 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 330 | ||
Total | $ 330 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 330 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 330 | ||
Total | $ 330 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Austin, TX | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 268 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 268 | ||
Total | $ 268 | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Lenexa, KS [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 755 | ||
Initial Cost, Building and Building Improvements | 5,743 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 755 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,743 | ||
Total | 6,498 | ||
Accumulated Depreciation | $ (87) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Elk Grove Village, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,885 | ||
Initial Cost, Building and Building Improvements | 10,771 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,885 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,771 | ||
Total | 13,656 | ||
Accumulated Depreciation | $ (85) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Erlanger, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 1,694 | ||
Initial Cost, Building and Building Improvements | 56,827 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,694 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 56,827 | ||
Total | 58,521 | ||
Accumulated Depreciation | $ (477) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | San Diego, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 27,662 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 27,662 | ||
Total | 27,662 | ||
Accumulated Depreciation | $ (5) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Pooler, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,896 | ||
Initial Cost, Building and Building Improvements | 20,283 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,896 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,283 | ||
Total | 24,179 | ||
Accumulated Depreciation | $ (420) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Durham, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,164 | ||
Initial Cost, Building and Building Improvements | 12,665 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,164 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,665 | ||
Total | 14,829 | ||
Accumulated Depreciation | $ (155) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Warehouse [Member] | Durham, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 2,117 | ||
Initial Cost, Building and Building Improvements | 12,202 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,117 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,202 | ||
Total | 14,319 | ||
Accumulated Depreciation | $ (134) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 98,000 | ||
Initial Cost, Land and Land Improvements | 34,064 | ||
Initial Cost, Building and Building Improvements | 108,741 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 398 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 34,064 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 109,139 | ||
Total | 143,203 | ||
Accumulated Depreciation | (1,720) | ||
Industrial [Member] | Self Storage [Member] | Winter Haven, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | 4,266 | ||
Initial Cost, Land and Land Improvements | 1,546 | ||
Initial Cost, Building and Building Improvements | 4,393 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,546 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,393 | ||
Total | 5,939 | ||
Accumulated Depreciation | $ (99) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Dundee, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,067 | ||
Initial Cost, Land and Land Improvements | 1,165 | ||
Initial Cost, Building and Building Improvements | 5,773 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 34 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,165 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,807 | ||
Total | 6,972 | ||
Accumulated Depreciation | $ (87) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Fayetteville, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,611 | ||
Initial Cost, Land and Land Improvements | 1,408 | ||
Initial Cost, Building and Building Improvements | 6,092 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,408 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,092 | ||
Total | 7,500 | ||
Accumulated Depreciation | $ (95) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Fayetteville, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,406 | ||
Initial Cost, Land and Land Improvements | 1,067 | ||
Initial Cost, Building and Building Improvements | 5,836 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,067 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,836 | ||
Total | 6,903 | ||
Accumulated Depreciation | $ (90) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Hope Mills, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,959 | ||
Initial Cost, Land and Land Improvements | 1,821 | ||
Initial Cost, Building and Building Improvements | 4,821 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,821 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,821 | ||
Total | 6,642 | ||
Accumulated Depreciation | $ (83) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Vinton, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,291 | ||
Initial Cost, Land and Land Improvements | 1,177 | ||
Initial Cost, Building and Building Improvements | 5,228 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,177 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 5,233 | ||
Total | 6,410 | ||
Accumulated Depreciation | $ (81) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Raleigh, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,728 | ||
Initial Cost, Land and Land Improvements | 1,094 | ||
Initial Cost, Building and Building Improvements | 4,344 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,094 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,344 | ||
Total | 5,438 | ||
Accumulated Depreciation | $ (67) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Apex, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,473 | ||
Initial Cost, Land and Land Improvements | 1,077 | ||
Initial Cost, Building and Building Improvements | 3,522 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,077 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,522 | ||
Total | 4,599 | ||
Accumulated Depreciation | $ (55) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Raleigh, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,744 | ||
Initial Cost, Land and Land Improvements | 1,000 | ||
Initial Cost, Building and Building Improvements | 1,637 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,000 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,637 | ||
Total | 2,637 | ||
Accumulated Depreciation | $ (25) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Tallahassee, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 6,715 | ||
Initial Cost, Land and Land Improvements | 3,092 | ||
Initial Cost, Building and Building Improvements | 7,174 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,092 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,174 | ||
Total | 10,266 | ||
Accumulated Depreciation | $ (123) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Tallahassee, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,942 | ||
Initial Cost, Land and Land Improvements | 705 | ||
Initial Cost, Building and Building Improvements | 3,735 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 705 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 3,735 | ||
Total | 4,440 | ||
Accumulated Depreciation | $ (57) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Pensacola, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,534 | ||
Initial Cost, Land and Land Improvements | 324 | ||
Initial Cost, Building and Building Improvements | 6,445 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 324 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,445 | ||
Total | 6,769 | ||
Accumulated Depreciation | $ (93) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Neptune, NJ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 7,111 | ||
Initial Cost, Land and Land Improvements | 1,997 | ||
Initial Cost, Building and Building Improvements | 8,606 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,997 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,606 | ||
Total | 10,603 | ||
Accumulated Depreciation | $ (135) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Staten Island, NY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,732 | ||
Initial Cost, Land and Land Improvements | 4,233 | ||
Initial Cost, Building and Building Improvements | 2,681 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 6 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,233 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,687 | ||
Total | 6,920 | ||
Accumulated Depreciation | $ (40) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Chattanooga, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,225 | ||
Initial Cost, Land and Land Improvements | 1,377 | ||
Initial Cost, Building and Building Improvements | 6,244 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 276 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,377 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,520 | ||
Total | 7,897 | ||
Accumulated Depreciation | $ (95) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Belcamp, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,001 | ||
Initial Cost, Land and Land Improvements | 791 | ||
Initial Cost, Building and Building Improvements | 6,503 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 791 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,506 | ||
Total | 7,297 | ||
Accumulated Depreciation | $ (94) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Summerville, SC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,306 | ||
Initial Cost, Land and Land Improvements | 3,117 | ||
Initial Cost, Building and Building Improvements | 2,225 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 20 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,117 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,245 | ||
Total | 5,362 | ||
Accumulated Depreciation | $ (34) | ||
Year Acquired | 2019 | ||
Industrial [Member] | Self Storage [Member] | Moncks Corner, SC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,929 | ||
Initial Cost, Land and Land Improvements | 1,043 | ||
Initial Cost, Building and Building Improvements | 1,499 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,043 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,499 | ||
Total | 2,542 | ||
Accumulated Depreciation | $ (25) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 6,003,839 | ||
Initial Cost, Land and Land Improvements | 1,737,286 | ||
Initial Cost, Building and Building Improvements | 7,695,295 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 13,179 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 146,101 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,750,465 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,841,396 | ||
Total | 9,591,861 | ||
Accumulated Depreciation | (376,063) | ||
Multifamily [Member] | Mid Rise Apartments | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | 130,000 | ||
Initial Cost, Building and Building Improvements | 171,709 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 116 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3,397 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 116 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 175,106 | ||
Total | 175,222 | ||
Accumulated Depreciation | $ (16,900) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | High Rise Apartments | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 63,600 | ||
Initial Cost, Land and Land Improvements | 10,030 | ||
Initial Cost, Building and Building Improvements | 97,652 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 26 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 7,313 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,056 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 104,965 | ||
Total | 115,021 | ||
Accumulated Depreciation | $ (9,954) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 37,338 | ||
Initial Cost, Land and Land Improvements | 8,186 | ||
Initial Cost, Building and Building Improvements | 43,909 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 144 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,150 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,330 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 45,059 | ||
Total | 53,389 | ||
Accumulated Depreciation | $ (2,779) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 66,226 | ||
Initial Cost, Land and Land Improvements | 17,618 | ||
Initial Cost, Building and Building Improvements | 82,333 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 26 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 38 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,644 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 82,371 | ||
Total | 100,015 | ||
Accumulated Depreciation | $ (1,813) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 69,753 | ||
Initial Cost, Land and Land Improvements | 17,721 | ||
Initial Cost, Building and Building Improvements | 81,590 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 80 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 57 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,801 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 81,647 | ||
Total | 99,448 | ||
Accumulated Depreciation | $ (1,804) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Tampa, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 37,375 | ||
Initial Cost, Land and Land Improvements | 8,514 | ||
Initial Cost, Building and Building Improvements | 45,818 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,514 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 45,818 | ||
Total | 54,332 | ||
Accumulated Depreciation | $ (302) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 34,000 | ||
Initial Cost, Land and Land Improvements | 3,332 | ||
Initial Cost, Building and Building Improvements | 50,184 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 5 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 41 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,337 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 50,225 | ||
Total | 53,562 | ||
Accumulated Depreciation | $ (928) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Raleigh, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,151 | ||
Initial Cost, Building and Building Improvements | 34,409 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 52 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 30 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,203 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 34,439 | ||
Total | 39,642 | ||
Accumulated Depreciation | $ (870) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Carrollton, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,557 | ||
Initial Cost, Land and Land Improvements | 3,393 | ||
Initial Cost, Building and Building Improvements | 9,871 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 106 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,287 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,499 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,158 | ||
Total | 14,657 | ||
Accumulated Depreciation | $ (782) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Largo, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 45,600 | ||
Initial Cost, Land and Land Improvements | 8,822 | ||
Initial Cost, Building and Building Improvements | 56,744 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 1 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,823 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 56,747 | ||
Total | 65,570 | ||
Accumulated Depreciation | $ (433) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 13,308 | ||
Initial Cost, Land and Land Improvements | 2,454 | ||
Initial Cost, Building and Building Improvements | 14,742 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 92 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 904 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,546 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,646 | ||
Total | 18,192 | ||
Accumulated Depreciation | $ (1,201) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 8,045 | ||
Initial Cost, Land and Land Improvements | 2,205 | ||
Initial Cost, Building and Building Improvements | 13,227 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 127 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,181 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,332 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,408 | ||
Total | 16,740 | ||
Accumulated Depreciation | $ (1,004) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,952 | ||
Initial Cost, Land and Land Improvements | 2,118 | ||
Initial Cost, Building and Building Improvements | 14,118 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 22 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 121 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,140 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,239 | ||
Total | 16,379 | ||
Accumulated Depreciation | $ (941) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 9,067 | ||
Initial Cost, Land and Land Improvements | 1,680 | ||
Initial Cost, Building and Building Improvements | 12,500 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 10 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 555 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,690 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,055 | ||
Total | 14,745 | ||
Accumulated Depreciation | $ (863) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 295 | ||
Initial Cost, Building and Building Improvements | 1,927 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 6 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 41 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 301 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,968 | ||
Total | 2,269 | ||
Accumulated Depreciation | $ (135) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Austin, TX | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 10,358 | ||
Initial Cost, Building and Building Improvements | 51,589 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,358 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,589 | ||
Total | 61,947 | ||
Accumulated Depreciation | $ (118) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Addison, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 36,140 | ||
Initial Cost, Land and Land Improvements | 9,382 | ||
Initial Cost, Building and Building Improvements | 37,786 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 43 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,632 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,425 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 39,418 | ||
Total | 48,843 | ||
Accumulated Depreciation | $ (3,568) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 43,225 | ||
Initial Cost, Land and Land Improvements | 11,567 | ||
Initial Cost, Building and Building Improvements | 57,128 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 187 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 4,278 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,754 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 61,406 | ||
Total | 73,160 | ||
Accumulated Depreciation | $ (5,594) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Palm Beach Gardens, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 69,777 | ||
Initial Cost, Land and Land Improvements | 24,422 | ||
Initial Cost, Building and Building Improvements | 73,818 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 395 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5,630 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 24,817 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 79,448 | ||
Total | 104,265 | ||
Accumulated Depreciation | $ (7,376) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Gurnee, IL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 41,340 | ||
Initial Cost, Land and Land Improvements | 10,899 | ||
Initial Cost, Building and Building Improvements | 42,850 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 426 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3,937 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,325 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 46,787 | ||
Total | 58,112 | ||
Accumulated Depreciation | $ (4,371) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Lenexa, KS [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 20,767 | ||
Initial Cost, Land and Land Improvements | 2,156 | ||
Initial Cost, Building and Building Improvements | 28,655 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 149 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,450 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,305 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 30,105 | ||
Total | 32,410 | ||
Accumulated Depreciation | $ (2,801) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Mesa, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 26,455 | ||
Initial Cost, Land and Land Improvements | 9,358 | ||
Initial Cost, Building and Building Improvements | 30,007 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 208 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 916 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,566 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 30,923 | ||
Total | 40,489 | ||
Accumulated Depreciation | $ (3,550) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Henderson, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 37,783 | ||
Initial Cost, Land and Land Improvements | 4,745 | ||
Initial Cost, Building and Building Improvements | 47,195 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 33 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 729 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,778 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 47,924 | ||
Total | 52,702 | ||
Accumulated Depreciation | $ (4,605) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 37,487 | ||
Initial Cost, Land and Land Improvements | 6,071 | ||
Initial Cost, Building and Building Improvements | 46,952 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 14 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 635 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,085 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 47,587 | ||
Total | 53,672 | ||
Accumulated Depreciation | $ (4,630) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 46,110 | ||
Initial Cost, Land and Land Improvements | 6,593 | ||
Initial Cost, Building and Building Improvements | 51,158 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 4 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 819 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,597 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,977 | ||
Total | 58,574 | ||
Accumulated Depreciation | $ (4,944) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 33,704 | ||
Initial Cost, Land and Land Improvements | 6,632 | ||
Initial Cost, Building and Building Improvements | 37,909 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 96 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,324 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,728 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 39,233 | ||
Total | 45,961 | ||
Accumulated Depreciation | $ (3,537) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 26,281 | ||
Initial Cost, Land and Land Improvements | 5,569 | ||
Initial Cost, Building and Building Improvements | 29,208 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 91 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,569 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,660 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 30,777 | ||
Total | 36,437 | ||
Accumulated Depreciation | $ (2,857) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 75,400 | ||
Initial Cost, Land and Land Improvements | 17,565 | ||
Initial Cost, Building and Building Improvements | 80,840 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 212 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,059 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,777 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 81,899 | ||
Total | 99,676 | ||
Accumulated Depreciation | $ (7,972) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Gilbert, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 40,484 | ||
Initial Cost, Land and Land Improvements | 16,489 | ||
Initial Cost, Building and Building Improvements | 53,056 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 48 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 461 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 16,537 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 53,517 | ||
Total | 70,054 | ||
Accumulated Depreciation | $ (4,432) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Gilbert, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 48,129 | ||
Initial Cost, Land and Land Improvements | 15,574 | ||
Initial Cost, Building and Building Improvements | 54,663 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 28 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 55 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 15,602 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 54,718 | ||
Total | 70,320 | ||
Accumulated Depreciation | $ (4,437) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Dallas, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 47,600 | ||
Initial Cost, Land and Land Improvements | 16,678 | ||
Initial Cost, Building and Building Improvements | 47,939 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 39 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 505 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 16,717 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 48,444 | ||
Total | 65,161 | ||
Accumulated Depreciation | $ (3,947) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Richardson, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 11,754 | ||
Initial Cost, Building and Building Improvements | 49,788 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 50 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 791 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,804 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 50,579 | ||
Total | 62,383 | ||
Accumulated Depreciation | $ (4,019) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Modesto, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 24,500 | ||
Initial Cost, Land and Land Improvements | 2,765 | ||
Initial Cost, Building and Building Improvements | 33,720 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 85 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,130 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,850 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 35,850 | ||
Total | 38,700 | ||
Accumulated Depreciation | $ (2,754) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Flagstaff, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 18,413 | ||
Initial Cost, Land and Land Improvements | 3,344 | ||
Initial Cost, Building and Building Improvements | 30,331 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 67 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,016 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,411 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,347 | ||
Total | 34,758 | ||
Accumulated Depreciation | $ (2,491) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Olympia, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,235 | ||
Initial Cost, Land and Land Improvements | 3,940 | ||
Initial Cost, Building and Building Improvements | 27,206 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 35 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,195 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,975 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 28,401 | ||
Total | 32,376 | ||
Accumulated Depreciation | $ (2,409) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Gilbert, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 33,232 | ||
Initial Cost, Land and Land Improvements | 10,679 | ||
Initial Cost, Building and Building Improvements | 28,170 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 69 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,792 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,748 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 29,962 | ||
Total | 40,710 | ||
Accumulated Depreciation | $ (2,348) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 43,727 | ||
Initial Cost, Land and Land Improvements | 11,548 | ||
Initial Cost, Building and Building Improvements | 55,009 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 501 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 4,535 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,049 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 59,544 | ||
Total | 71,593 | ||
Accumulated Depreciation | $ (4,775) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,215 | ||
Initial Cost, Land and Land Improvements | 4,034 | ||
Initial Cost, Building and Building Improvements | 28,288 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 73 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 880 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,107 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 29,168 | ||
Total | 33,275 | ||
Accumulated Depreciation | $ (2,258) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 22,798 | ||
Initial Cost, Land and Land Improvements | 3,996 | ||
Initial Cost, Building and Building Improvements | 29,314 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 80 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 913 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,076 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 30,227 | ||
Total | 34,303 | ||
Accumulated Depreciation | $ (2,319) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 27,202 | ||
Initial Cost, Land and Land Improvements | 8,248 | ||
Initial Cost, Building and Building Improvements | 29,020 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 277 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3,652 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,525 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 32,672 | ||
Total | 41,197 | ||
Accumulated Depreciation | $ (2,849) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Nashville, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 20,987 | ||
Initial Cost, Land and Land Improvements | 3,910 | ||
Initial Cost, Building and Building Improvements | 20,056 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 441 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,463 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,351 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,519 | ||
Total | 25,870 | ||
Accumulated Depreciation | $ (1,727) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Grand Prairie, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 16,503 | ||
Initial Cost, Land and Land Improvements | 3,514 | ||
Initial Cost, Building and Building Improvements | 18,039 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 271 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,263 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,785 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,302 | ||
Total | 24,087 | ||
Accumulated Depreciation | $ (1,520) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Sumner, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,357 | ||
Initial Cost, Land and Land Improvements | 2,222 | ||
Initial Cost, Building and Building Improvements | 32,374 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 55 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 337 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,277 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 32,711 | ||
Total | 34,988 | ||
Accumulated Depreciation | $ (2,427) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 8,352 | ||
Initial Cost, Land and Land Improvements | 1,285 | ||
Initial Cost, Building and Building Improvements | 11,025 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 96 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,108 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,381 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,133 | ||
Total | 13,514 | ||
Accumulated Depreciation | $ (922) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | North Richland Hills, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 15,277 | ||
Initial Cost, Land and Land Improvements | 3,566 | ||
Initial Cost, Building and Building Improvements | 20,889 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 207 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 107 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,773 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,996 | ||
Total | 24,769 | ||
Accumulated Depreciation | $ (1,417) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Mansfield, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 26,013 | ||
Initial Cost, Land and Land Improvements | 3,810 | ||
Initial Cost, Building and Building Improvements | 32,854 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 74 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,826 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,884 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 34,680 | ||
Total | 38,564 | ||
Accumulated Depreciation | $ (2,698) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Austin, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 49,733 | ||
Initial Cost, Land and Land Improvements | 8,371 | ||
Initial Cost, Building and Building Improvements | 52,576 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 1,056 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,329 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,427 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 54,905 | ||
Total | 64,332 | ||
Accumulated Depreciation | $ (4,094) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Round Rock, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 20,502 | ||
Initial Cost, Land and Land Improvements | 3,851 | ||
Initial Cost, Building and Building Improvements | 25,309 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 66 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,316 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,917 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 26,625 | ||
Total | 30,542 | ||
Accumulated Depreciation | $ (2,073) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Murfreesboro, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 24,457 | ||
Initial Cost, Land and Land Improvements | 2,674 | ||
Initial Cost, Building and Building Improvements | 29,863 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 90 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,254 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,764 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,117 | ||
Total | 33,881 | ||
Accumulated Depreciation | $ (2,291) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Buda, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 20,704 | ||
Initial Cost, Land and Land Improvements | 3,809 | ||
Initial Cost, Building and Building Improvements | 23,117 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 77 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 498 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,886 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 23,615 | ||
Total | 27,501 | ||
Accumulated Depreciation | $ (1,947) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Fair Oaks Ranch, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 22,565 | ||
Initial Cost, Land and Land Improvements | 4,629 | ||
Initial Cost, Building and Building Improvements | 27,813 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 17 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 465 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,646 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 28,278 | ||
Total | 32,924 | ||
Accumulated Depreciation | $ (1,948) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | San Marcos, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,147 | ||
Initial Cost, Building and Building Improvements | 21,147 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 123 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 638 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,270 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,785 | ||
Total | 25,055 | ||
Accumulated Depreciation | $ (1,596) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Nashville, TN [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,492 | ||
Initial Cost, Land and Land Improvements | 1,795 | ||
Initial Cost, Building and Building Improvements | 12,033 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 102 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 533 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,897 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,566 | ||
Total | 14,463 | ||
Accumulated Depreciation | $ (840) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Hillsboro, OR [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 62,732 | ||
Initial Cost, Land and Land Improvements | 9,176 | ||
Initial Cost, Building and Building Improvements | 81,990 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 110 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,176 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 82,100 | ||
Total | 91,276 | ||
Accumulated Depreciation | $ (6,011) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 33,897 | ||
Initial Cost, Land and Land Improvements | 14,447 | ||
Initial Cost, Building and Building Improvements | 34,871 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 89 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,733 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,536 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 36,604 | ||
Total | 51,140 | ||
Accumulated Depreciation | $ (3,035) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 41,177 | ||
Initial Cost, Land and Land Improvements | 14,801 | ||
Initial Cost, Building and Building Improvements | 46,622 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 53 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,806 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,854 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 48,428 | ||
Total | 63,282 | ||
Accumulated Depreciation | $ (3,990) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Thornton, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 44,325 | ||
Initial Cost, Land and Land Improvements | 9,711 | ||
Initial Cost, Building and Building Improvements | 47,052 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 553 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,708 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,264 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,760 | ||
Total | 60,024 | ||
Accumulated Depreciation | $ (3,684) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Everett, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 47,705 | ||
Initial Cost, Land and Land Improvements | 19,105 | ||
Initial Cost, Building and Building Improvements | 46,552 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 305 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3,203 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 19,410 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,755 | ||
Total | 69,165 | ||
Accumulated Depreciation | $ (4,194) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 95,299 | ||
Initial Cost, Land and Land Improvements | 28,419 | ||
Initial Cost, Building and Building Improvements | 103,131 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 306 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 177 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 28,725 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 103,308 | ||
Total | 132,033 | ||
Accumulated Depreciation | $ (8,461) | ||
Year Acquired | 2017 | ||
Multifamily [Member] | Garden Style Apartments | Sacramento, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 99,990 | ||
Initial Cost, Land and Land Improvements | 19,181 | ||
Initial Cost, Building and Building Improvements | 124,339 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 193 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,772 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 19,374 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 127,111 | ||
Total | 146,485 | ||
Accumulated Depreciation | $ (8,066) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Tumwater, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 53,049 | ||
Initial Cost, Land and Land Improvements | 16,515 | ||
Initial Cost, Building and Building Improvements | 57,382 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 76 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3,829 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 16,591 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 61,211 | ||
Total | 77,802 | ||
Accumulated Depreciation | $ (4,288) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 46,940 | ||
Initial Cost, Land and Land Improvements | 23,755 | ||
Initial Cost, Building and Building Improvements | 43,057 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 78 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,808 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 23,833 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 44,865 | ||
Total | 68,698 | ||
Accumulated Depreciation | $ (3,160) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | University Place, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 32,672 | ||
Initial Cost, Land and Land Improvements | 9,427 | ||
Initial Cost, Building and Building Improvements | 37,072 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 30 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,053 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,457 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 39,125 | ||
Total | 48,582 | ||
Accumulated Depreciation | $ (2,474) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Milwaukie, OR [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 26,835 | ||
Initial Cost, Land and Land Improvements | 8,306 | ||
Initial Cost, Building and Building Improvements | 30,319 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 102 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,136 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,408 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,455 | ||
Total | 39,863 | ||
Accumulated Depreciation | $ (2,105) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Liberty Lake, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 29,904 | ||
Initial Cost, Land and Land Improvements | 5,501 | ||
Initial Cost, Building and Building Improvements | 31,785 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 152 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,927 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,653 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 34,712 | ||
Total | 40,365 | ||
Accumulated Depreciation | $ (2,231) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Randolph, MA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 86,191 | ||
Initial Cost, Land and Land Improvements | 16,236 | ||
Initial Cost, Building and Building Improvements | 108,066 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 161 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,699 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 16,397 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 109,765 | ||
Total | 126,162 | ||
Accumulated Depreciation | $ (6,362) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 36,881 | ||
Initial Cost, Land and Land Improvements | 7,989 | ||
Initial Cost, Building and Building Improvements | 48,397 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 271 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,722 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,260 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,119 | ||
Total | 59,379 | ||
Accumulated Depreciation | $ (3,055) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Gresham, OR [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 33,458 | ||
Initial Cost, Land and Land Improvements | 4,825 | ||
Initial Cost, Building and Building Improvements | 49,266 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 142 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,083 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,967 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 50,349 | ||
Total | 55,316 | ||
Accumulated Depreciation | $ (2,996) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Turlock, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,301 | ||
Initial Cost, Land and Land Improvements | 2,241 | ||
Initial Cost, Building and Building Improvements | 35,067 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 6 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,084 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,247 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 36,151 | ||
Total | 38,398 | ||
Accumulated Depreciation | $ (2,034) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 47,190 | ||
Initial Cost, Land and Land Improvements | 22,388 | ||
Initial Cost, Building and Building Improvements | 47,128 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 181 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,982 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 22,569 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,110 | ||
Total | 71,679 | ||
Accumulated Depreciation | $ (3,294) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 29,728 | ||
Initial Cost, Land and Land Improvements | 8,738 | ||
Initial Cost, Building and Building Improvements | 37,766 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 60 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,429 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,798 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 39,195 | ||
Total | 47,993 | ||
Accumulated Depreciation | $ (2,693) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Glendale, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 40,671 | ||
Initial Cost, Land and Land Improvements | 12,242 | ||
Initial Cost, Building and Building Improvements | 49,800 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 3 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 120 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,245 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,920 | ||
Total | 62,165 | ||
Accumulated Depreciation | $ (3,704) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Glendale, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 25,610 | ||
Initial Cost, Land and Land Improvements | 6,505 | ||
Initial Cost, Building and Building Improvements | 32,193 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 45 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,357 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,550 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 33,550 | ||
Total | 40,100 | ||
Accumulated Depreciation | $ (1,833) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Tempe, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 42,703 | ||
Initial Cost, Land and Land Improvements | 11,457 | ||
Initial Cost, Building and Building Improvements | 52,606 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 96 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,693 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,553 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 54,299 | ||
Total | 65,852 | ||
Accumulated Depreciation | $ (3,006) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 35,043 | ||
Initial Cost, Land and Land Improvements | 9,847 | ||
Initial Cost, Building and Building Improvements | 42,718 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 119 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,149 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,966 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 44,867 | ||
Total | 54,833 | ||
Accumulated Depreciation | $ (2,460) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Chandler, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 29,600 | ||
Initial Cost, Land and Land Improvements | 7,521 | ||
Initial Cost, Building and Building Improvements | 36,794 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 24 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,386 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,545 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 38,180 | ||
Total | 45,725 | ||
Accumulated Depreciation | $ (2,079) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Surprise, AZ {Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 44,982 | ||
Initial Cost, Land and Land Improvements | 10,845 | ||
Initial Cost, Building and Building Improvements | 55,009 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 39 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,400 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,884 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 57,409 | ||
Total | 68,293 | ||
Accumulated Depreciation | $ (3,319) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Peoria, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 22,745 | ||
Initial Cost, Land and Land Improvements | 4,833 | ||
Initial Cost, Building and Building Improvements | 27,719 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 35 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,410 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,868 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 29,129 | ||
Total | 33,997 | ||
Accumulated Depreciation | $ (1,488) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 44,687 | ||
Initial Cost, Land and Land Improvements | 4,630 | ||
Initial Cost, Building and Building Improvements | 59,893 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 147 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,604 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,777 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 61,497 | ||
Total | 66,274 | ||
Accumulated Depreciation | $ (2,330) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Garden Style Apartments | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 39,179 | ||
Initial Cost, Land and Land Improvements | 11,626 | ||
Initial Cost, Building and Building Improvements | 46,444 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 84 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 19 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,710 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 46,463 | ||
Total | 58,173 | ||
Accumulated Depreciation | $ (1,800) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Moreno Valley, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 61,710 | ||
Initial Cost, Land and Land Improvements | 9,483 | ||
Initial Cost, Building and Building Improvements | 82,211 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 1 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 206 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,484 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 82,417 | ||
Total | 91,901 | ||
Accumulated Depreciation | $ (2,688) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Temecula, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 43,300 | ||
Initial Cost, Land and Land Improvements | 6,541 | ||
Initial Cost, Building and Building Improvements | 82,161 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 33 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 42 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,574 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 82,203 | ||
Total | 88,777 | ||
Accumulated Depreciation | $ (2,551) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Santa Fe Springs, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 28,220 | ||
Initial Cost, Land and Land Improvements | 10,795 | ||
Initial Cost, Building and Building Improvements | 44,758 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 19 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 85 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,814 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 44,843 | ||
Total | 55,657 | ||
Accumulated Depreciation | $ (1,340) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | St. Petersburg, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 43,506 | ||
Initial Cost, Land and Land Improvements | 12,618 | ||
Initial Cost, Building and Building Improvements | 50,172 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 60 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,027 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,678 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,199 | ||
Total | 63,877 | ||
Accumulated Depreciation | $ (1,525) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 39,260 | ||
Initial Cost, Land and Land Improvements | 8,422 | ||
Initial Cost, Building and Building Improvements | 59,988 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 63 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 122 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,485 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 60,110 | ||
Total | 68,595 | ||
Accumulated Depreciation | $ (1,800) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Lewisville, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 31,169 | ||
Initial Cost, Land and Land Improvements | 5,777 | ||
Initial Cost, Building and Building Improvements | 40,840 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 20 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 209 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,797 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 41,049 | ||
Total | 46,846 | ||
Accumulated Depreciation | $ (1,354) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Englewood, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 45,500 | ||
Initial Cost, Land and Land Improvements | 6,685 | ||
Initial Cost, Building and Building Improvements | 65,881 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 66 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 85 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,751 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 65,966 | ||
Total | 72,717 | ||
Accumulated Depreciation | $ (1,860) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Centennial, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 35,037 | ||
Initial Cost, Land and Land Improvements | 6,492 | ||
Initial Cost, Building and Building Improvements | 44,555 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 68 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,276 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,560 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 45,831 | ||
Total | 52,391 | ||
Accumulated Depreciation | $ (1,439) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Hillsboro, OR [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 32,299 | ||
Initial Cost, Land and Land Improvements | 7,011 | ||
Initial Cost, Building and Building Improvements | 45,819 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 4 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 310 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,015 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 46,129 | ||
Total | 53,144 | ||
Accumulated Depreciation | $ (1,363) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Portland, OR [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 18,200 | ||
Initial Cost, Land and Land Improvements | 4,006 | ||
Initial Cost, Building and Building Improvements | 24,748 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 123 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,006 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 24,871 | ||
Total | 28,877 | ||
Accumulated Depreciation | $ (724) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 35,463 | ||
Initial Cost, Land and Land Improvements | 8,328 | ||
Initial Cost, Building and Building Improvements | 43,217 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 59 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 800 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,387 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 44,017 | ||
Total | 52,404 | ||
Accumulated Depreciation | $ (1,581) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Woodstock, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 34,856 | ||
Initial Cost, Land and Land Improvements | 8,236 | ||
Initial Cost, Building and Building Improvements | 42,166 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 12 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 278 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,248 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 42,444 | ||
Total | 50,692 | ||
Accumulated Depreciation | $ (1,291) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Ladson, SC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 24,500 | ||
Initial Cost, Land and Land Improvements | 6,512 | ||
Initial Cost, Building and Building Improvements | 35,603 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 28 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 452 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,540 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 36,055 | ||
Total | 42,595 | ||
Accumulated Depreciation | $ (1,248) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Hopkinton, MA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 38,675 | ||
Initial Cost, Land and Land Improvements | 9,298 | ||
Initial Cost, Building and Building Improvements | 52,822 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 15 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 176 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,313 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 52,998 | ||
Total | 62,311 | ||
Accumulated Depreciation | $ (1,634) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Henderson, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 64,844 | ||
Initial Cost, Land and Land Improvements | 13,651 | ||
Initial Cost, Building and Building Improvements | 81,360 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 93 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 105 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 13,744 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 81,465 | ||
Total | 95,209 | ||
Accumulated Depreciation | $ (1,667) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Henderson, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 63,205 | ||
Initial Cost, Land and Land Improvements | 12,949 | ||
Initial Cost, Building and Building Improvements | 74,610 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 107 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 173 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 13,056 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 74,783 | ||
Total | 87,839 | ||
Accumulated Depreciation | $ (2,031) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Henderson, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 49,374 | ||
Initial Cost, Land and Land Improvements | 9,009 | ||
Initial Cost, Building and Building Improvements | 55,495 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 42 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 148 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,051 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 55,643 | ||
Total | 64,694 | ||
Accumulated Depreciation | $ (1,484) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 17,312 | ||
Initial Cost, Building and Building Improvements | 72,129 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,312 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 72,129 | ||
Total | 89,441 | ||
Accumulated Depreciation | $ (452) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 51,986 | ||
Initial Cost, Land and Land Improvements | 10,521 | ||
Initial Cost, Building and Building Improvements | 62,358 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 22 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 65 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,543 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 62,423 | ||
Total | 72,966 | ||
Accumulated Depreciation | $ (1,560) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Lithia Springs, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 26,046 | ||
Initial Cost, Land and Land Improvements | 6,054 | ||
Initial Cost, Building and Building Improvements | 31,725 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 2 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 208 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,056 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,933 | ||
Total | 37,989 | ||
Accumulated Depreciation | $ (877) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 37,700 | ||
Initial Cost, Land and Land Improvements | 12,345 | ||
Initial Cost, Building and Building Improvements | 41,864 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 90 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 604 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,435 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 42,468 | ||
Total | 54,903 | ||
Accumulated Depreciation | $ (1,225) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 33,000 | ||
Initial Cost, Land and Land Improvements | 7,280 | ||
Initial Cost, Building and Building Improvements | 31,350 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 50 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 780 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,330 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 32,130 | ||
Total | 39,460 | ||
Accumulated Depreciation | $ (760) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 46,600 | ||
Initial Cost, Land and Land Improvements | 9,181 | ||
Initial Cost, Building and Building Improvements | 56,344 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 41 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 455 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,222 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 56,799 | ||
Total | 66,021 | ||
Accumulated Depreciation | $ (888) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 51,000 | ||
Initial Cost, Land and Land Improvements | 18,229 | ||
Initial Cost, Building and Building Improvements | 56,120 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 23 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 821 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 18,252 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 56,941 | ||
Total | 75,193 | ||
Accumulated Depreciation | $ (1,064) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Corona Hills, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 62,833 | ||
Initial Cost, Land and Land Improvements | 14,083 | ||
Initial Cost, Building and Building Improvements | 80,264 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 5 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,188 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,088 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 81,452 | ||
Total | 95,540 | ||
Accumulated Depreciation | $ (2,070) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Moreno Valley, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 45,475 | ||
Initial Cost, Land and Land Improvements | 10,070 | ||
Initial Cost, Building and Building Improvements | 58,439 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 5 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 710 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,075 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 59,149 | ||
Total | 69,224 | ||
Accumulated Depreciation | $ (1,409) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Lakeland, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 41,800 | ||
Initial Cost, Land and Land Improvements | 8,788 | ||
Initial Cost, Building and Building Improvements | 49,612 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 18 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,652 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,806 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,264 | ||
Total | 60,070 | ||
Accumulated Depreciation | $ (1,247) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Peoria, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 46,150 | ||
Initial Cost, Land and Land Improvements | 11,935 | ||
Initial Cost, Building and Building Improvements | 55,630 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 22 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 135 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,957 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 55,765 | ||
Total | 67,722 | ||
Accumulated Depreciation | $ (1,819) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Kennewick, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 20,131 | ||
Initial Cost, Land and Land Improvements | 2,755 | ||
Initial Cost, Building and Building Improvements | 24,092 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 172 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,137 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,927 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 25,229 | ||
Total | 28,156 | ||
Accumulated Depreciation | $ (679) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Richland, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,254 | ||
Initial Cost, Land and Land Improvements | 2,725 | ||
Initial Cost, Building and Building Improvements | 27,396 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 51 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,145 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,776 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 28,541 | ||
Total | 31,317 | ||
Accumulated Depreciation | $ (746) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Woodland, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 19,226 | ||
Initial Cost, Land and Land Improvements | 3,201 | ||
Initial Cost, Building and Building Improvements | 29,394 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 137 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,201 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 29,531 | ||
Total | 32,732 | ||
Accumulated Depreciation | $ (587) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Puyallup, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 61,384 | ||
Initial Cost, Land and Land Improvements | 14,387 | ||
Initial Cost, Building and Building Improvements | 71,631 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 41 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,209 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,428 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 73,840 | ||
Total | 88,268 | ||
Accumulated Depreciation | $ (1,445) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 51,810 | ||
Initial Cost, Land and Land Improvements | 8,559 | ||
Initial Cost, Building and Building Improvements | 60,029 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 96 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,783 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,655 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 62,812 | ||
Total | 71,467 | ||
Accumulated Depreciation | $ (1,387) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Charlotte, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 12,883 | ||
Initial Cost, Building and Building Improvements | 86,351 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 65 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 242 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,948 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 86,593 | ||
Total | 99,541 | ||
Accumulated Depreciation | $ (1,754) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Chandler, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 55,278 | ||
Initial Cost, Land and Land Improvements | 17,512 | ||
Initial Cost, Building and Building Improvements | 62,049 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 1 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 4 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,513 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 62,053 | ||
Total | 79,566 | ||
Accumulated Depreciation | $ (376) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Ococee, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 63,292 | ||
Initial Cost, Land and Land Improvements | 17,226 | ||
Initial Cost, Building and Building Improvements | 76,229 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,226 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 76,229 | ||
Total | 93,455 | ||
Accumulated Depreciation | $ (173) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Huntersville, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 38,430 | ||
Initial Cost, Land and Land Improvements | 8,868 | ||
Initial Cost, Building and Building Improvements | 48,880 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,868 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 48,880 | ||
Total | 57,748 | ||
Accumulated Depreciation | $ (111) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Arlington, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 34,000 | ||
Initial Cost, Land and Land Improvements | 13,290 | ||
Initial Cost, Building and Building Improvements | 35,267 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 13,290 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 35,267 | ||
Total | 48,557 | ||
Accumulated Depreciation | $ (80) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 35,400 | ||
Initial Cost, Land and Land Improvements | 5,197 | ||
Initial Cost, Building and Building Improvements | 48,490 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,197 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 48,490 | ||
Total | 53,687 | ||
Accumulated Depreciation | $ (95) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Oviedo, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 38,878 | ||
Initial Cost, Land and Land Improvements | 7,594 | ||
Initial Cost, Building and Building Improvements | 49,002 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,594 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,002 | ||
Total | 56,596 | ||
Accumulated Depreciation | $ (103) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Westminster, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 54,625 | ||
Initial Cost, Land and Land Improvements | 6,235 | ||
Initial Cost, Building and Building Improvements | 72,861 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 24 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 112 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,259 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 72,973 | ||
Total | 79,232 | ||
Accumulated Depreciation | $ (1,451) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Westminster, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 52,723 | ||
Initial Cost, Land and Land Improvements | 6,523 | ||
Initial Cost, Building and Building Improvements | 66,313 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 32 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,523 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 66,345 | ||
Total | 72,868 | ||
Accumulated Depreciation | $ (1,422) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Loveland, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 36,127 | ||
Initial Cost, Land and Land Improvements | 5,020 | ||
Initial Cost, Building and Building Improvements | 42,672 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 31 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,020 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 42,703 | ||
Total | 47,723 | ||
Accumulated Depreciation | $ (930) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Jacksonville, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,327 | ||
Initial Cost, Building and Building Improvements | 41,150 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 1 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 60 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,328 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 41,210 | ||
Total | 45,538 | ||
Accumulated Depreciation | $ (979) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Henderson, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 44,050 | ||
Initial Cost, Land and Land Improvements | 8,205 | ||
Initial Cost, Building and Building Improvements | 49,247 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 34 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 40 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,239 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,287 | ||
Total | 57,526 | ||
Accumulated Depreciation | $ (1,047) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | OregonCityOregonMember | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 34,849 | ||
Initial Cost, Building and Building Improvements | 29,218 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 2 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 34,851 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 29,218 | ||
Total | 64,069 | ||
Accumulated Depreciation | $ (430) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Garner, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 6,181 | ||
Initial Cost, Building and Building Improvements | 43,921 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,181 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 43,921 | ||
Total | 50,102 | ||
Accumulated Depreciation | $ (257) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Northglenn, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 14,198 | ||
Initial Cost, Building and Building Improvements | 126,170 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 1 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,199 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 126,175 | ||
Total | 140,374 | ||
Accumulated Depreciation | $ (1,253) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 51,900 | ||
Initial Cost, Land and Land Improvements | 16,341 | ||
Initial Cost, Building and Building Improvements | 60,038 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 30 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 16,341 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 60,068 | ||
Total | 76,409 | ||
Accumulated Depreciation | $ (392) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 42,500 | ||
Initial Cost, Land and Land Improvements | 10,559 | ||
Initial Cost, Building and Building Improvements | 50,075 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 42 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,559 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 50,117 | ||
Total | 60,676 | ||
Accumulated Depreciation | $ (337) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 35,500 | ||
Initial Cost, Land and Land Improvements | 9,308 | ||
Initial Cost, Building and Building Improvements | 43,490 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 32 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,308 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 43,522 | ||
Total | 52,830 | ||
Accumulated Depreciation | $ (288) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,500 | ||
Initial Cost, Land and Land Improvements | 6,257 | ||
Initial Cost, Building and Building Improvements | 27,266 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 2 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 24 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,259 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 27,290 | ||
Total | 33,549 | ||
Accumulated Depreciation | $ (179) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Dunwoody, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 27,400 | ||
Initial Cost, Land and Land Improvements | 2,837 | ||
Initial Cost, Building and Building Improvements | 39,187 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 3 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 15 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,840 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 39,202 | ||
Total | 42,042 | ||
Accumulated Depreciation | $ (728) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 35,000 | ||
Initial Cost, Land and Land Improvements | 4,203 | ||
Initial Cost, Building and Building Improvements | 51,699 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 1 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 19 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,204 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 51,718 | ||
Total | 55,922 | ||
Accumulated Depreciation | $ (963) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 72,818 | ||
Initial Cost, Land and Land Improvements | 18,048 | ||
Initial Cost, Building and Building Improvements | 78,354 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 9 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 26 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 18,057 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 78,380 | ||
Total | 96,437 | ||
Accumulated Depreciation | $ (1,330) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Savannah, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 28,925 | ||
Initial Cost, Land and Land Improvements | 5,613 | ||
Initial Cost, Building and Building Improvements | 35,434 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 22 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,635 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 35,441 | ||
Total | 41,076 | ||
Accumulated Depreciation | $ (917) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Glendale, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,217 | ||
Initial Cost, Land and Land Improvements | 9,359 | ||
Initial Cost, Building and Building Improvements | 31,129 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,359 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,129 | ||
Total | 40,488 | ||
Accumulated Depreciation | $ (217) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Garden Style Apartments | Raleigh, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 12,329 | ||
Initial Cost, Building and Building Improvements | 63,193 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,329 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 63,193 | ||
Total | 75,522 | ||
Accumulated Depreciation | $ (553) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Student Housing | Louisville, KY [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 34,266 | ||
Initial Cost, Land and Land Improvements | 10,401 | ||
Initial Cost, Building and Building Improvements | 31,231 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 46 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 51 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,447 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,282 | ||
Total | 41,729 | ||
Accumulated Depreciation | $ (1,415) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Tempe, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 97,149 | ||
Initial Cost, Land and Land Improvements | 14,180 | ||
Initial Cost, Building and Building Improvements | 111,719 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 2 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 201 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,182 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 111,920 | ||
Total | 126,102 | ||
Accumulated Depreciation | $ (4,809) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Riverside, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 29,818 | ||
Initial Cost, Land and Land Improvements | 3,966 | ||
Initial Cost, Building and Building Improvements | 40,159 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 298 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,966 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 40,457 | ||
Total | 44,423 | ||
Accumulated Depreciation | $ (1,723) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Charlottesville, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 6,071 | ||
Initial Cost, Land and Land Improvements | 1,809 | ||
Initial Cost, Building and Building Improvements | 6,385 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 38 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,809 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,423 | ||
Total | 8,232 | ||
Accumulated Depreciation | $ (284) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Boulder, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 26,742 | ||
Initial Cost, Land and Land Improvements | 8,330 | ||
Initial Cost, Building and Building Improvements | 26,688 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 109 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,330 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 26,797 | ||
Total | 35,127 | ||
Accumulated Depreciation | $ (1,187) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Tuscaloosa, AL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 65,931 | ||
Initial Cost, Land and Land Improvements | 16,579 | ||
Initial Cost, Building and Building Improvements | 74,404 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 428 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 16,579 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 74,832 | ||
Total | 91,411 | ||
Accumulated Depreciation | $ (3,281) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Tucson, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 67,269 | ||
Initial Cost, Land and Land Improvements | 5,956 | ||
Initial Cost, Building and Building Improvements | 82,701 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 90 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,956 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 82,791 | ||
Total | 88,747 | ||
Accumulated Depreciation | $ (3,550) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | State College, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 65,018 | ||
Initial Cost, Land and Land Improvements | 8,422 | ||
Initial Cost, Building and Building Improvements | 76,294 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 13 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,036 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,435 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 77,330 | ||
Total | 85,765 | ||
Accumulated Depreciation | $ (3,455) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Blacksburg, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 64,532 | ||
Initial Cost, Land and Land Improvements | 12,698 | ||
Initial Cost, Building and Building Improvements | 71,693 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 101 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 257 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,799 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 71,950 | ||
Total | 84,749 | ||
Accumulated Depreciation | $ (3,283) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | State College, PA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 51,294 | ||
Initial Cost, Land and Land Improvements | 8,456 | ||
Initial Cost, Building and Building Improvements | 59,511 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 267 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,456 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 59,778 | ||
Total | 68,234 | ||
Accumulated Depreciation | $ (2,690) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 48,066 | ||
Initial Cost, Land and Land Improvements | 4,854 | ||
Initial Cost, Building and Building Improvements | 60,003 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 69 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 243 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,923 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 60,246 | ||
Total | 65,169 | ||
Accumulated Depreciation | $ (2,671) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Charlottesville, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 47,130 | ||
Initial Cost, Land and Land Improvements | 175 | ||
Initial Cost, Building and Building Improvements | 70,119 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 504 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 175 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 70,623 | ||
Total | 70,798 | ||
Accumulated Depreciation | $ (3,029) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Boulder, CO [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 42,221 | ||
Initial Cost, Land and Land Improvements | 9,300 | ||
Initial Cost, Building and Building Improvements | 47,270 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 38 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 83 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,338 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 47,353 | ||
Total | 56,691 | ||
Accumulated Depreciation | $ (2,100) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Greenville, NC [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 45,961 | ||
Initial Cost, Land and Land Improvements | 8,458 | ||
Initial Cost, Building and Building Improvements | 45,948 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 69 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 87 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,527 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 46,035 | ||
Total | 54,562 | ||
Accumulated Depreciation | $ (2,040) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Tucson, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 39,290 | ||
Initial Cost, Land and Land Improvements | 5,128 | ||
Initial Cost, Building and Building Improvements | 57,842 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 23 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,128 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 57,865 | ||
Total | 62,993 | ||
Accumulated Depreciation | $ (2,488) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Kent, OH [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 36,477 | ||
Initial Cost, Land and Land Improvements | 3,052 | ||
Initial Cost, Building and Building Improvements | 41,735 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 13 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 203 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,065 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 41,938 | ||
Total | 45,003 | ||
Accumulated Depreciation | $ (1,853) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Auburn, AL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 21,924 | ||
Initial Cost, Land and Land Improvements | 3,835 | ||
Initial Cost, Building and Building Improvements | 28,175 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,835 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 28,175 | ||
Total | 32,010 | ||
Accumulated Depreciation | $ (1,246) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Berkeley, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 12,552 | ||
Initial Cost, Land and Land Improvements | 4,584 | ||
Initial Cost, Building and Building Improvements | 16,540 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 6 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 64 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,590 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,604 | ||
Total | 21,194 | ||
Accumulated Depreciation | $ (735) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Charlottesville, VA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 15,237 | ||
Initial Cost, Land and Land Improvements | 3,134 | ||
Initial Cost, Building and Building Improvements | 17,545 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 97 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,134 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,642 | ||
Total | 20,776 | ||
Accumulated Depreciation | $ (760) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Student Housing | Athens, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 46,200 | ||
Initial Cost, Land and Land Improvements | 4,931 | ||
Initial Cost, Building and Building Improvements | 68,771 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 4 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 335 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,935 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 69,106 | ||
Total | 74,041 | ||
Accumulated Depreciation | $ (3,011) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 18,185 | ||
Initial Cost, Land and Land Improvements | 29,613 | ||
Initial Cost, Building and Building Improvements | 739 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 347 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 29,960 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 756 | ||
Total | 30,716 | ||
Accumulated Depreciation | $ (830) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 6,495 | ||
Initial Cost, Land and Land Improvements | 8,996 | ||
Initial Cost, Building and Building Improvements | 500 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,003 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 500 | ||
Total | 9,503 | ||
Accumulated Depreciation | $ (298) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Chandler, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,334 | ||
Initial Cost, Land and Land Improvements | 4,293 | ||
Initial Cost, Building and Building Improvements | 78 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 35 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,328 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 81 | ||
Total | 4,409 | ||
Accumulated Depreciation | $ (156) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 9,757 | ||
Initial Cost, Building and Building Improvements | 189 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 9,757 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 189 | ||
Total | 9,946 | ||
Accumulated Depreciation | $ (187) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Chandler, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 12,110 | ||
Initial Cost, Building and Building Improvements | 321 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 12,110 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 321 | ||
Total | 12,431 | ||
Accumulated Depreciation | $ (188) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Mesa, AZ | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 14,742 | ||
Initial Cost, Land and Land Improvements | 22,145 | ||
Initial Cost, Building and Building Improvements | 782 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 28 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 316 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 22,173 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,098 | ||
Total | 23,271 | ||
Accumulated Depreciation | $ (932) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 13,996 | ||
Initial Cost, Land and Land Improvements | 19,276 | ||
Initial Cost, Building and Building Improvements | 266 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 49 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,716 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 19,325 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,982 | ||
Total | 21,307 | ||
Accumulated Depreciation | $ (900) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Mesa, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 9,608 | ||
Initial Cost, Land and Land Improvements | 17,180 | ||
Initial Cost, Building and Building Improvements | 423 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 30 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,210 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 424 | ||
Total | 17,634 | ||
Accumulated Depreciation | $ (653) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,307 | ||
Initial Cost, Land and Land Improvements | 14,542 | ||
Initial Cost, Building and Building Improvements | 236 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 8 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 4 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,550 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 240 | ||
Total | 14,790 | ||
Accumulated Depreciation | $ (466) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Mesa, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,906 | ||
Initial Cost, Land and Land Improvements | 8,476 | ||
Initial Cost, Building and Building Improvements | 438 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,493 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 438 | ||
Total | 8,931 | ||
Accumulated Depreciation | $ (337) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Indio, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 7,035 | ||
Initial Cost, Land and Land Improvements | 7,220 | ||
Initial Cost, Building and Building Improvements | 193 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 94 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 29 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,314 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 222 | ||
Total | 7,536 | ||
Accumulated Depreciation | $ (357) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | San Marcos, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,509 | ||
Initial Cost, Land and Land Improvements | 6,236 | ||
Initial Cost, Building and Building Improvements | 309 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 104 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 32 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,340 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 341 | ||
Total | 6,681 | ||
Accumulated Depreciation | $ (298) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Mesa, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,920 | ||
Initial Cost, Land and Land Improvements | 7,820 | ||
Initial Cost, Building and Building Improvements | 461 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 71 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 14 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,891 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 475 | ||
Total | 8,366 | ||
Accumulated Depreciation | $ (327) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Indio, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,929 | ||
Initial Cost, Land and Land Improvements | 6,540 | ||
Initial Cost, Building and Building Improvements | 113 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 12 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 55 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,552 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 168 | ||
Total | 6,720 | ||
Accumulated Depreciation | $ (424) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,077 | ||
Initial Cost, Land and Land Improvements | 6,400 | ||
Initial Cost, Building and Building Improvements | 249 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 7 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,407 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 251 | ||
Total | 6,658 | ||
Accumulated Depreciation | $ (300) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,194 | ||
Initial Cost, Land and Land Improvements | 8,146 | ||
Initial Cost, Building and Building Improvements | 219 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,146 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 221 | ||
Total | 8,367 | ||
Accumulated Depreciation | $ (320) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,195 | ||
Initial Cost, Land and Land Improvements | 6,793 | ||
Initial Cost, Building and Building Improvements | 206 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 5 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 6 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,798 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 212 | ||
Total | 7,010 | ||
Accumulated Depreciation | $ (285) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,459 | ||
Initial Cost, Land and Land Improvements | 4,163 | ||
Initial Cost, Building and Building Improvements | 149 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 26 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 8 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,189 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 157 | ||
Total | 4,346 | ||
Accumulated Depreciation | $ (219) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Mesa, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 6,077 | ||
Initial Cost, Land and Land Improvements | 8,763 | ||
Initial Cost, Building and Building Improvements | 164 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 11 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,774 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 165 | ||
Total | 8,939 | ||
Accumulated Depreciation | $ (502) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Cottonwood, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,230 | ||
Initial Cost, Land and Land Improvements | 3,313 | ||
Initial Cost, Building and Building Improvements | 81 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 16 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,329 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 81 | ||
Total | 3,410 | ||
Accumulated Depreciation | $ (175) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Cottonwood, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,541 | ||
Initial Cost, Land and Land Improvements | 5,238 | ||
Initial Cost, Building and Building Improvements | 244 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 67 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 12 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,305 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 256 | ||
Total | 5,561 | ||
Accumulated Depreciation | $ (376) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,298 | ||
Initial Cost, Land and Land Improvements | 3,835 | ||
Initial Cost, Building and Building Improvements | 61 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 16 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,851 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 61 | ||
Total | 3,912 | ||
Accumulated Depreciation | $ (139) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Desert Hot Springs, CA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 12,342 | ||
Initial Cost, Land and Land Improvements | 15,223 | ||
Initial Cost, Building and Building Improvements | 707 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 103 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 65 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 15,326 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 772 | ||
Total | 16,098 | ||
Accumulated Depreciation | $ (850) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,637 | ||
Initial Cost, Land and Land Improvements | 7,527 | ||
Initial Cost, Building and Building Improvements | 289 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 30 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 13 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,557 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 302 | ||
Total | 7,859 | ||
Accumulated Depreciation | $ (314) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 2,471 | ||
Initial Cost, Land and Land Improvements | 5,503 | ||
Initial Cost, Building and Building Improvements | 365 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 11 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,514 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 370 | ||
Total | 5,884 | ||
Accumulated Depreciation | $ (292) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Las Vegas, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 6,075 | ||
Initial Cost, Land and Land Improvements | 7,682 | ||
Initial Cost, Building and Building Improvements | 220 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 39 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 91 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 7,721 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 311 | ||
Total | 8,032 | ||
Accumulated Depreciation | $ (327) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Tavares F L | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,864 | ||
Initial Cost, Land and Land Improvements | 4,390 | ||
Initial Cost, Building and Building Improvements | 1,244 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 6 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,396 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,251 | ||
Total | 5,647 | ||
Accumulated Depreciation | $ (338) | ||
Year Acquired | 2018 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Apache Junction, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,032 | ||
Initial Cost, Land and Land Improvements | 5,163 | ||
Initial Cost, Building and Building Improvements | 25 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 3 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,166 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 25 | ||
Total | 5,191 | ||
Accumulated Depreciation | $ (204) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Peoria, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,466 | ||
Initial Cost, Land and Land Improvements | 8,878 | ||
Initial Cost, Building and Building Improvements | 1,229 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 7 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,885 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,229 | ||
Total | 10,114 | ||
Accumulated Depreciation | $ (348) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Glendale, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 11,196 | ||
Initial Cost, Land and Land Improvements | 20,791 | ||
Initial Cost, Building and Building Improvements | 1,354 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 11 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 43 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 20,802 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,397 | ||
Total | 22,199 | ||
Accumulated Depreciation | $ (552) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Mesa, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,564 | ||
Initial Cost, Land and Land Improvements | 8,589 | ||
Initial Cost, Building and Building Improvements | 1,280 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 99 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 92 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,688 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,372 | ||
Total | 10,060 | ||
Accumulated Depreciation | $ (387) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Naples, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,664 | ||
Initial Cost, Building and Building Improvements | 383 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,664 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 392 | ||
Total | 4,056 | ||
Accumulated Depreciation | $ (53) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Waldorf, MD [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 4,754 | ||
Initial Cost, Land and Land Improvements | 5,741 | ||
Initial Cost, Building and Building Improvements | 656 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 13 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 28 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,754 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 684 | ||
Total | 6,438 | ||
Accumulated Depreciation | $ (117) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Winter Haven, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 8,369 | ||
Initial Cost, Land and Land Improvements | 11,585 | ||
Initial Cost, Building and Building Improvements | 381 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 11 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 11,585 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 392 | ||
Total | 11,977 | ||
Accumulated Depreciation | $ (103) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Tarpon Springs F L | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 7,547 | ||
Initial Cost, Land and Land Improvements | 8,980 | ||
Initial Cost, Building and Building Improvements | 491 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 5 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 181 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,985 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 672 | ||
Total | 9,657 | ||
Accumulated Depreciation | $ (315) | ||
Year Acquired | 2019 | ||
Multifamily [Member] | Manufactured Housing Community [Member] | Chandler, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,532 | ||
Initial Cost, Building and Building Improvements | 584 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,532 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 584 | ||
Total | 6,116 | ||
Accumulated Depreciation | $ (102) | ||
Year Acquired | 2019 | ||
Hotel Property | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 1,254,603 | ||
Initial Cost, Land and Land Improvements | 346,112 | ||
Initial Cost, Building and Building Improvements | 1,774,596 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 695 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 25,070 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 346,807 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 1,799,666 | ||
Total | 2,146,473 | ||
Accumulated Depreciation | (104,758) | ||
Hotel Property | Select Service Hotel | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | 15,415 | ||
Initial Cost, Land and Land Improvements | 2,447 | ||
Initial Cost, Building and Building Improvements | 12,381 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,447 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,381 | ||
Total | 14,828 | ||
Accumulated Depreciation | $ (199) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Austin, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 13,839 | ||
Initial Cost, Land and Land Improvements | 6,316 | ||
Initial Cost, Building and Building Improvements | 14,808 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 3 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 68 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 6,319 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,876 | ||
Total | 21,195 | ||
Accumulated Depreciation | $ (254) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 21,200 | ||
Initial Cost, Land and Land Improvements | 5,714 | ||
Initial Cost, Building and Building Improvements | 26,296 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 219 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,714 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 26,515 | ||
Total | 32,229 | ||
Accumulated Depreciation | $ (3,688) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Denver Colorado | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 11,853 | ||
Initial Cost, Land and Land Improvements | 3,950 | ||
Initial Cost, Building and Building Improvements | 10,417 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 197 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,950 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,614 | ||
Total | 14,564 | ||
Accumulated Depreciation | $ (208) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Phoenix, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 12,400 | ||
Initial Cost, Land and Land Improvements | 3,265 | ||
Initial Cost, Building and Building Improvements | 14,456 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 52 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,265 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,508 | ||
Total | 17,773 | ||
Accumulated Depreciation | $ (1,711) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Federal Way, WA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 21,840 | ||
Initial Cost, Land and Land Improvements | 2,894 | ||
Initial Cost, Building and Building Improvements | 30,395 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 21 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,894 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 30,416 | ||
Total | 33,310 | ||
Accumulated Depreciation | $ (1,666) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | San Antonio, TX [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 7,575 | ||
Initial Cost, Land and Land Improvements | 3,069 | ||
Initial Cost, Building and Building Improvements | 7,501 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 3 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 13 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,072 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,514 | ||
Total | 10,586 | ||
Accumulated Depreciation | $ (120) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Reno, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,482 | ||
Initial Cost, Land and Land Improvements | 1,705 | ||
Initial Cost, Building and Building Improvements | 14,754 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 917 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,705 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,671 | ||
Total | 17,376 | ||
Accumulated Depreciation | $ (1,743) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Orlando, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 18,830 | ||
Initial Cost, Land and Land Improvements | 2,786 | ||
Initial Cost, Building and Building Improvements | 18,706 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 10 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,796 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 18,715 | ||
Total | 21,511 | ||
Accumulated Depreciation | $ (1,979) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Glendale, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 7,374 | ||
Initial Cost, Land and Land Improvements | 3,821 | ||
Initial Cost, Building and Building Improvements | 10,838 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,821 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,838 | ||
Total | 14,659 | ||
Accumulated Depreciation | $ (70) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Henderson, NV [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,400 | ||
Initial Cost, Land and Land Improvements | 1,576 | ||
Initial Cost, Building and Building Improvements | 14,188 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 4 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 85 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,580 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,273 | ||
Total | 15,853 | ||
Accumulated Depreciation | $ (1,340) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Glendale, AZ [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,183 | ||
Initial Cost, Land and Land Improvements | 4,776 | ||
Initial Cost, Building and Building Improvements | 12,590 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,776 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,590 | ||
Total | 17,366 | ||
Accumulated Depreciation | $ (80) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Oldsmar, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,300 | ||
Initial Cost, Land and Land Improvements | 2,088 | ||
Initial Cost, Building and Building Improvements | 13,234 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 17 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 316 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,105 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,550 | ||
Total | 15,655 | ||
Accumulated Depreciation | $ (2,047) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Oldsmar, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 6,800 | ||
Initial Cost, Land and Land Improvements | 1,069 | ||
Initial Cost, Building and Building Improvements | 8,724 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 683 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,069 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,407 | ||
Total | 10,476 | ||
Accumulated Depreciation | $ (1,413) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Temple Terrace, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,000 | ||
Initial Cost, Land and Land Improvements | 2,706 | ||
Initial Cost, Building and Building Improvements | 12,351 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 87 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 502 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,793 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,853 | ||
Total | 15,646 | ||
Accumulated Depreciation | $ (3,009) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Lake Mary, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,000 | ||
Initial Cost, Land and Land Improvements | 1,941 | ||
Initial Cost, Building and Building Improvements | 10,979 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 3 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 109 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,944 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,088 | ||
Total | 13,032 | ||
Accumulated Depreciation | $ (1,891) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | San Antonio, TX | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,289 | ||
Initial Cost, Land and Land Improvements | 1,638 | ||
Initial Cost, Building and Building Improvements | 7,271 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 17 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,638 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,288 | ||
Total | 8,926 | ||
Accumulated Depreciation | $ (109) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Worcester, MA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 14,200 | ||
Initial Cost, Land and Land Improvements | 1,646 | ||
Initial Cost, Building and Building Improvements | 20,149 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 15 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 712 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,661 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 20,861 | ||
Total | 22,522 | ||
Accumulated Depreciation | $ (3,120) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Davis, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 20,500 | ||
Initial Cost, Land and Land Improvements | 526 | ||
Initial Cost, Building and Building Improvements | 24,778 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 14 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 717 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 540 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 25,495 | ||
Total | 26,035 | ||
Accumulated Depreciation | $ (5,257) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Worcester, MA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,900 | ||
Initial Cost, Land and Land Improvements | 738 | ||
Initial Cost, Building and Building Improvements | 14,663 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 130 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 738 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,793 | ||
Total | 15,531 | ||
Accumulated Depreciation | $ (1,611) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | San Jose, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 26,654 | ||
Initial Cost, Land and Land Improvements | 10,746 | ||
Initial Cost, Building and Building Improvements | 36,138 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 58 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,767 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 10,804 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 37,905 | ||
Total | 48,709 | ||
Accumulated Depreciation | $ (5,749) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Chelsea, MA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 24,700 | ||
Initial Cost, Land and Land Improvements | 1,825 | ||
Initial Cost, Building and Building Improvements | 37,505 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 21 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,825 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 37,526 | ||
Total | 39,351 | ||
Accumulated Depreciation | $ (3,704) | ||
Year Acquired | 2017 | ||
Hotel Property | Select Service Hotel | Orlando, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 21,700 | ||
Initial Cost, Land and Land Improvements | 2,836 | ||
Initial Cost, Building and Building Improvements | 19,097 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,836 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,097 | ||
Total | 21,933 | ||
Accumulated Depreciation | $ (2,094) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Henderson, NV | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 11,000 | ||
Initial Cost, Land and Land Improvements | 1,764 | ||
Initial Cost, Building and Building Improvements | 15,784 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 104 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,764 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 15,888 | ||
Total | 17,652 | ||
Accumulated Depreciation | $ (1,539) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Tampa, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 8,300 | ||
Initial Cost, Land and Land Improvements | 1,746 | ||
Initial Cost, Building and Building Improvements | 11,796 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 343 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,746 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,139 | ||
Total | 13,885 | ||
Accumulated Depreciation | $ (1,048) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Rohnert Park, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 16,300 | ||
Initial Cost, Land and Land Improvements | 2,538 | ||
Initial Cost, Building and Building Improvements | 26,306 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,808 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,538 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 28,114 | ||
Total | 30,652 | ||
Accumulated Depreciation | $ (1,897) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Reno, NV | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 17,300 | ||
Initial Cost, Land and Land Improvements | 2,462 | ||
Initial Cost, Building and Building Improvements | 31,127 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 5 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 520 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,467 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 31,647 | ||
Total | 34,114 | ||
Accumulated Depreciation | $ (2,292) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Salt Lake City, UT | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,100 | ||
Initial Cost, Land and Land Improvements | 983 | ||
Initial Cost, Building and Building Improvements | 16,534 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,214 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 983 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 17,748 | ||
Total | 18,731 | ||
Accumulated Depreciation | $ (1,020) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Salt Lake City, UT | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 33,603 | ||
Initial Cost, Land and Land Improvements | 4,204 | ||
Initial Cost, Building and Building Improvements | 40,065 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 32 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,204 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 40,097 | ||
Total | 44,301 | ||
Accumulated Depreciation | $ (2,097) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Salt Lake City, UT | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 12,563 | ||
Initial Cost, Land and Land Improvements | 8,743 | ||
Initial Cost, Building and Building Improvements | 16,725 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 2 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 87 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 8,745 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 16,812 | ||
Total | 25,557 | ||
Accumulated Depreciation | $ (1,024) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Salt Lake City, UT | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 20,709 | ||
Initial Cost, Land and Land Improvements | 3,592 | ||
Initial Cost, Building and Building Improvements | 24,007 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 8 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 28 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,600 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 24,035 | ||
Total | 27,635 | ||
Accumulated Depreciation | $ (1,902) | ||
Year Acquired | 2018 | ||
Hotel Property | Select Service Hotel | Chicago,, IL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 31,425 | ||
Initial Cost, Land and Land Improvements | 14,792 | ||
Initial Cost, Building and Building Improvements | 26,563 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 53 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 14,792 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 26,616 | ||
Total | 41,408 | ||
Accumulated Depreciation | $ (457) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Arlington, VA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 68,500 | ||
Initial Cost, Land and Land Improvements | 55,827 | ||
Initial Cost, Building and Building Improvements | 43,821 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 6 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 55,827 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 43,827 | ||
Total | 99,654 | ||
Accumulated Depreciation | $ (590) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Kailua-Kona, HI | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 52,918 | ||
Initial Cost, Land and Land Improvements | 4,804 | ||
Initial Cost, Building and Building Improvements | 94,476 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3,343 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,804 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 97,819 | ||
Total | 102,623 | ||
Accumulated Depreciation | $ (4,501) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Longmont, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,280 | ||
Initial Cost, Land and Land Improvements | 1,779 | ||
Initial Cost, Building and Building Improvements | 7,670 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,789 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,670 | ||
Total | 9,459 | ||
Accumulated Depreciation | $ (118) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Miramar, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 14,251 | ||
Initial Cost, Land and Land Improvements | 2,556 | ||
Initial Cost, Building and Building Improvements | 12,326 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 8 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 20 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,564 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,346 | ||
Total | 14,910 | ||
Accumulated Depreciation | $ (199) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Salt Lake City, UT | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 13,565 | ||
Initial Cost, Land and Land Improvements | 1,248 | ||
Initial Cost, Building and Building Improvements | 19,229 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,248 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,229 | ||
Total | 20,477 | ||
Accumulated Depreciation | $ (279) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Durham, NC | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 14,936 | ||
Initial Cost, Land and Land Improvements | 2,809 | ||
Initial Cost, Building and Building Improvements | 12,407 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,818 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,407 | ||
Total | 15,225 | ||
Accumulated Depreciation | $ (190) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | West Palm Beach, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 13,291 | ||
Initial Cost, Land and Land Improvements | 1,004 | ||
Initial Cost, Building and Building Improvements | 9,628 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,004 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,629 | ||
Total | 10,633 | ||
Accumulated Depreciation | $ (151) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Fort Walton Beach, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 12,401 | ||
Initial Cost, Land and Land Improvements | 1,966 | ||
Initial Cost, Building and Building Improvements | 8,214 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 13 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 36 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,979 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,250 | ||
Total | 10,229 | ||
Accumulated Depreciation | $ (124) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | West Palm Beach, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 12,743 | ||
Initial Cost, Land and Land Improvements | 1,651 | ||
Initial Cost, Building and Building Improvements | 8,083 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 8 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,651 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,091 | ||
Total | 9,742 | ||
Accumulated Depreciation | $ (139) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Clearwater, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 11,167 | ||
Initial Cost, Land and Land Improvements | 2,648 | ||
Initial Cost, Building and Building Improvements | 8,186 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 13 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,648 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,199 | ||
Total | 10,847 | ||
Accumulated Depreciation | $ (138) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Longmont, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 8,025 | ||
Initial Cost, Land and Land Improvements | 1,759 | ||
Initial Cost, Building and Building Improvements | 10,115 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,769 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,115 | ||
Total | 11,884 | ||
Accumulated Depreciation | $ (147) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Novi, MI | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 11,030 | ||
Initial Cost, Land and Land Improvements | 3,014 | ||
Initial Cost, Building and Building Improvements | 14,185 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 25 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 4 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,039 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,189 | ||
Total | 17,228 | ||
Accumulated Depreciation | $ (221) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Plantation, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 15,141 | ||
Initial Cost, Land and Land Improvements | 1,675 | ||
Initial Cost, Building and Building Improvements | 12,110 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 9 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 5 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,684 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,115 | ||
Total | 13,799 | ||
Accumulated Depreciation | $ (209) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Salt Lake City, UT | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 7,275 | ||
Initial Cost, Land and Land Improvements | 906 | ||
Initial Cost, Building and Building Improvements | 11,131 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 12 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 906 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,143 | ||
Total | 12,049 | ||
Accumulated Depreciation | $ (165) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Silver Spring, MD | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 15,415 | ||
Initial Cost, Land and Land Improvements | 3,310 | ||
Initial Cost, Building and Building Improvements | 11,947 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 9 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,319 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,947 | ||
Total | 15,266 | ||
Accumulated Depreciation | $ (185) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Longmont, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,325 | ||
Initial Cost, Land and Land Improvements | 1,640 | ||
Initial Cost, Building and Building Improvements | 8,540 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 10 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,650 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 8,540 | ||
Total | 10,190 | ||
Accumulated Depreciation | $ (128) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Oak Brook, IL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 17,265 | ||
Initial Cost, Building and Building Improvements | 21,829 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 13 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 3 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 13 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 21,832 | ||
Total | 21,845 | ||
Accumulated Depreciation | $ (319) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Bloomington, IN | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 15,141 | ||
Initial Cost, Building and Building Improvements | 24,783 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 24,784 | ||
Total | 24,784 | ||
Accumulated Depreciation | $ (354) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Colorado Springs, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 7,000 | ||
Initial Cost, Land and Land Improvements | 4,258 | ||
Initial Cost, Building and Building Improvements | 9,733 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,258 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,733 | ||
Total | 13,991 | ||
Accumulated Depreciation | $ (62) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Colorado Springs, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 8,000 | ||
Initial Cost, Land and Land Improvements | 4,434 | ||
Initial Cost, Building and Building Improvements | 12,588 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,434 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,588 | ||
Total | 17,022 | ||
Accumulated Depreciation | $ (72) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Colorado Springs, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,985 | ||
Initial Cost, Building and Building Improvements | 6,823 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,985 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,823 | ||
Total | 10,808 | ||
Accumulated Depreciation | $ (47) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Colorado Springs, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 4,735 | ||
Initial Cost, Building and Building Improvements | 6,842 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 4,735 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 6,842 | ||
Total | 11,577 | ||
Accumulated Depreciation | $ (45) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Colorado Springs, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 3,185 | ||
Initial Cost, Building and Building Improvements | 12,941 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 3,185 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 12,941 | ||
Total | 16,126 | ||
Accumulated Depreciation | $ (78) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Colorado Springs, CO | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,930 | ||
Initial Cost, Building and Building Improvements | 10,342 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,930 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,342 | ||
Total | 16,272 | ||
Accumulated Depreciation | $ (60) | ||
Year Acquired | 2019 | ||
Hotel Property | Select Service Hotel | Scottsdale, AZ | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Initial Cost, Land and Land Improvements | $ 5,384 | ||
Initial Cost, Building and Building Improvements | 11,639 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 5,384 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 11,639 | ||
Total | 17,023 | ||
Accumulated Depreciation | $ (76) | ||
Year Acquired | 2019 | ||
Hotel Property | Full Service Hotel | Atlanta, GA [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 243,700 | ||
Initial Cost, Land and Land Improvements | 30,482 | ||
Initial Cost, Building and Building Improvements | 289,353 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 99 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 30,482 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 289,452 | ||
Total | 319,934 | ||
Accumulated Depreciation | $ (3,184) | ||
Year Acquired | 2019 | ||
Hotel Property | Full Service Hotel | San Antonio, TX | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 202,500 | ||
Initial Cost, Land and Land Improvements | 84,221 | ||
Initial Cost, Building and Building Improvements | 474,529 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 350 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 10,775 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 84,571 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 485,304 | ||
Total | 569,875 | ||
Accumulated Depreciation | $ (36,639) | ||
Year Acquired | 2018 | ||
Net Lease Property | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,010,000 | ||
Initial Cost, Land and Land Improvements | 1,453,421 | ||
Initial Cost, Building and Building Improvements | 2,760,936 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,453,421 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,760,936 | ||
Total | 4,214,357 | ||
Accumulated Depreciation | (14,836) | ||
Net Lease Property | Las Vegas, NV [Member] | Bellagio [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | 3,010,000 | ||
Initial Cost, Land and Land Improvements | 1,453,421 | ||
Initial Cost, Building and Building Improvements | 2,760,936 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,453,421 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 2,760,936 | ||
Total | 4,214,357 | ||
Accumulated Depreciation | $ (14,836) | ||
Year Acquired | 2019 | ||
Retail Properties | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 253,390 | ||
Initial Cost, Land and Land Improvements | 227,052 | ||
Initial Cost, Building and Building Improvements | 151,685 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 171 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,548 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 227,223 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 154,233 | ||
Total | 381,456 | ||
Accumulated Depreciation | (8,000) | ||
Retail Properties | Open Air Shopping Center | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | 20,250 | ||
Initial Cost, Land and Land Improvements | 17,085 | ||
Initial Cost, Building and Building Improvements | 14,996 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 22 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 17,107 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,996 | ||
Total | 32,103 | ||
Accumulated Depreciation | $ (1,059) | ||
Year Acquired | 2018 | ||
Retail Properties | Open Air Shopping Center | Philadelphia, PA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 32,000 | ||
Initial Cost, Land and Land Improvements | 19,335 | ||
Initial Cost, Building and Building Improvements | 31,757 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 1,648 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 19,335 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 33,405 | ||
Total | 52,740 | ||
Accumulated Depreciation | $ (3,735) | ||
Year Acquired | 2017 | ||
Retail Properties | Open Air Shopping Center | Burbank, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 27,390 | ||
Initial Cost, Land and Land Improvements | 24,100 | ||
Initial Cost, Building and Building Improvements | 18,316 | ||
Costs Capitalized Subsequent to Acquisition, Land and Land Improvements | 149 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 900 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 24,249 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 19,216 | ||
Total | 43,465 | ||
Accumulated Depreciation | $ (2,403) | ||
Year Acquired | 2017 | ||
Retail Properties | Open Air Shopping Center | Brooklyn, NY | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 80,400 | ||
Initial Cost, Land and Land Improvements | 73,427 | ||
Initial Cost, Building and Building Improvements | 49,391 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 73,427 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 49,391 | ||
Total | 122,818 | ||
Accumulated Depreciation | $ (141) | ||
Year Acquired | 2019 | ||
Retail Properties | Open Air Shopping Center | Simi Valley, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 23,600 | ||
Initial Cost, Land and Land Improvements | 22,282 | ||
Initial Cost, Building and Building Improvements | 13,400 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 22,282 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 13,400 | ||
Total | 35,682 | ||
Accumulated Depreciation | $ (400) | ||
Year Acquired | 2019 | ||
Retail Properties | Open Air Shopping Center | Pacoima, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 31,200 | ||
Initial Cost, Land and Land Improvements | 38,015 | ||
Initial Cost, Building and Building Improvements | 9,103 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 38,015 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 9,103 | ||
Total | 47,118 | ||
Accumulated Depreciation | $ (113) | ||
Year Acquired | 2019 | ||
Retail Properties | Open Air Shopping Center | Signal Hill, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 38,550 | ||
Initial Cost, Land and Land Improvements | 32,808 | ||
Initial Cost, Building and Building Improvements | 14,722 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 32,808 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 14,722 | ||
Total | 47,530 | ||
Accumulated Depreciation | $ (149) | ||
Year Acquired | 2019 | ||
Office Properties | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 75,900 | ||
Initial Cost, Land and Land Improvements | 29,226 | ||
Initial Cost, Building and Building Improvements | 86,600 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,172 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 29,226 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 88,772 | ||
Total | 117,998 | ||
Accumulated Depreciation | (619) | ||
Office Properties | Office [Member] | Emeryville, CA | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | 75,900 | ||
Initial Cost, Land and Land Improvements | 29,226 | ||
Initial Cost, Building and Building Improvements | 86,600 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 2,172 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 29,226 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 88,772 | ||
Total | 117,998 | ||
Accumulated Depreciation | $ (619) | ||
Year Acquired | 2019 | ||
Other Properties [Member] | Self Storage | Miami, FL [Member] | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 10,143 | ||
Initial Cost, Land and Land Improvements | 2,955 | ||
Initial Cost, Building and Building Improvements | 10,622 | ||
Costs Capitalized Subsequent to Acquisition, Building and Building Improvements | 54 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 2,955 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 10,676 | ||
Total | 13,631 | ||
Accumulated Depreciation | $ (152) | ||
Year Acquired | 2019 | ||
Other Properties [Member] | Self Storage | Fort Pierce, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 5,903 | ||
Initial Cost, Land and Land Improvements | 1,619 | ||
Initial Cost, Building and Building Improvements | 7,147 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,619 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 7,147 | ||
Total | 8,766 | ||
Accumulated Depreciation | $ (122) | ||
Year Acquired | 2019 | ||
Other Properties [Member] | Self Storage | Fort Myers, FL | |||
Real Estate And Accumulated Depreciation [Line Items] | |||
Encumbrances | $ 3,914 | ||
Initial Cost, Land and Land Improvements | 1,456 | ||
Initial Cost, Building and Building Improvements | 4,214 | ||
Gross Amounts at which Carried at the Close of Period, Land and Land Improvements | 1,456 | ||
Gross Amounts at which Carried at the Close of Period, Building and Building Improvements | 4,214 | ||
Total | 5,670 | ||
Accumulated Depreciation | $ (68) | ||
Year Acquired | 2019 |
Real Estate and Accumulated D_3
Real Estate and Accumulated Depreciation - Schedule of Real Estate and Accumulated Depreciation (Detail) (Parenthetical) $ in Millions | Dec. 31, 2019USD ($) |
Real Estate And Accumulated Depreciation [Line Items] | |
Aggregate cost basis for tax purposes | $ 27,200 |
Industrial [Member] | Secured Revolving Credit Facility [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 400 |
Outstanding balance | 1.6 |
Multifamily [Member] | Secured Revolving Credit Facility [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Outstanding balance | 171.8 |
Multifamily [Member] | Secured Revolving Credit Facility [Member] | Maximum [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 300 |
Term Loan and Secured Revolving Credit Facility [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 330 |
Outstanding balance | 165 |
Term Loan and Secured Revolving Credit Facility [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 464.2 |
Outstanding balance | 232.1 |
Term Loan and Secured Revolving Credit Facility [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 471.5 |
Outstanding balance | 471.5 |
Term Loan and Secured Revolving Credit Facility [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 836.1 |
Outstanding balance | 543.1 |
Mezzanine Loan [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 1,100 |
Outstanding balance | 1,300 |
Mortgage Loan [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 200 |
Outstanding balance | 1,300 |
Term Loan and Secured Revolving Credit Facility [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 142.9 |
Outstanding balance | 71.4 |
Term Loan and Secured Revolving Credit Facility [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 679 |
Outstanding balance | 601.5 |
Mortgage Loan [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 1,200 |
Outstanding balance | 1,600 |
Mortgage Loan [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 445 |
Outstanding balance | 445 |
Term Loan and Secured Revolving Credit Facility [Member] | Industrial [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Outstanding balance | 385 |
Mortgage Loan [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 385 |
Term Loan and Secured Revolving Credit Facility [Member] | Multifamily [Member] | |
Real Estate And Accumulated Depreciation [Line Items] | |
Collateralize amount | 210 |
Outstanding balance | $ 210 |
Real Estate and Accumulated D_4
Real Estate and Accumulated Depreciation - Additional Information (Detail) - Furniture, Fixtures and Equipment [Member] $ in Millions | Dec. 31, 2019USD ($) |
Real Estate And Accumulated Depreciation [Line Items] | |
Amount of property excluded from real estate investments | $ 377.6 |
Amount of accumulated deprecation excluded from real estate accumulated depreciation | $ 53.4 |
Real Estate and Accumulated D_5
Real Estate and Accumulated Depreciation - Summary of Activity for Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
Real Estate: | ||
Balance at the beginning of year | $ 10,351,841 | $ 3,389,601 |
Additions during the year: | ||
Land and land improvements | 3,719,256 | 1,387,724 |
Building and building improvements | 12,714,877 | 5,574,516 |
Dispositions during the year: | ||
Land and land improvements | (11,959) | |
Building and building improvements | (33,287) | |
Assets held for sale | (150,903) | |
Balance at the end of the year | 26,589,825 | 10,351,841 |
Accumulated Depreciation: | ||
Balance at the beginning of year | (257,011) | (44,184) |
Accumulated depreciation | (507,550) | (212,827) |
Dispositions | 1,657 | |
Assets held for sale | 10,550 | |
Balance at the end of the year | $ (752,354) | $ (257,011) |