Essential Properties Realty Trust (EPRT) 10-K 27 Feb 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Feb. 22, 2019	Jun. 29, 2018
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Trading Symbol	EPRT
Entity Registrant Name	Essential Properties Realty Trust, Inc.
Entity Central Index Key	1,728,951
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		43,795,460
Entity Public Float			$ 438.3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Real estate investments, at cost:
Land and improvements		$ 420,848	$ 278,985
Building and improvements		885,656	584,385
Lease incentive		2,794	2,275
Construction in progress		1,325	4,076
Intangible lease assets		66,421	62,453
Total real estate investments, at cost		1,377,044	932,174
Less: accumulated depreciation and amortization		(51,855)	(24,825)
Total real estate investments, net		1,325,189	907,349
Loans and direct financing lease receivables, net		17,505	2,725
Real estate investments held for sale, net			4,173
Net investments		1,342,694	914,247
Cash and cash equivalents		4,236	7,250
Restricted cash		12,003	12,180
Straight-line rent receivable, net		14,255	5,498
Prepaid expenses and other assets, net		7,712	3,045
Total assets	[1]	1,380,900	942,220
LIABILITIES AND EQUITY
Secured borrowings, net of deferred financing costs		506,116	511,646
Notes payable to related party			230,000
Revolving credit facility		34,000
Intangible lease liabilities, net		11,616	12,321
Intangible lease liabilities held for sale, net			129
Dividend payable		13,189
Accrued liabilities and other payables (including $324 due to a related party as of December 31, 2017)		4,938	6,722
Total liabilities	[1]	569,859	760,818
Commitments and contingencies (see Note 10)
Stockholders' equity:
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of December 31, 2018
Common stock, $0.01 par value; 500,000,000 authorized; 43,749,092 issued and outstanding as of December 31, 2018		431
Additional paid-in capital		569,407
Distributions in excess of cumulative earnings		(7,659)
Members' equity:
Total stockholders'/members' equity		562,179	181,402
Non-controlling interests		248,862
Total equity		811,041	181,402
Total liabilities and equity		$ 1,380,900	942,220
Class A Units
Members' equity:
Members' equity value			86,668
Class B Units
Members' equity:
Members' equity value			574
Class C Units
Members' equity:
Members' equity value			94,064
Class D Units
Members' equity:
Members' equity value			$ 96
[1]	The consolidated balance sheets of Essential Properties Realty Trust, Inc. and Essential Properties Realty Trust, Inc. Predecessor include assets and liabilities of consolidated variable interest entities (“VIEs”). See Notes 2 and 5. As of December 31, 2018, with the exception of $9.2 million of dividends payable, all of the assets and liabilities of the Company were held by its operating partnership, a consolidated VIE. As of December 31, 2017, the consolidated balance sheets included the following amounts related to the Company’s consolidated VIEs: $191.7 million of land and improvements, $391.3 million of building and improvements, $2.1 million of lease incentive, $49.7 million of intangible lease assets, $21.4 million of accumulated depreciation and amortization, $2.4 million of direct financing lease receivables, net, $4.2 million of real estate investments held for sale, net, $5.0 million of straight-line rent receivable, $511.6 million of secured borrowings, net of deferred financing costs, $10.8 million of intangible lease liabilities, net, and $0.1 million of intangible lease liabilities held for sale, net.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Preferred shares, par value per share	$ 0.01
Preferred shares, authorized shares	150,000,000
Preferred shares, issued shares	0
Common shares, outstanding shares	0
Common shares, par value per share	$ 0.01
Common shares, authorized shares	500,000,000
Common shares, issued shares	43,749,092
Common shares, outstanding shares	43,749,092
Dividends payable	$ 13,189
Assets and Liabilities Not Held by Variable Interest Entities ("VIEs")
Dividends payable	$ 9,200
Predecessor
Due to related party included in accrued liabilities and other payables		$ 324
Predecessor | Variable Interest Entities ("VIEs")
Land and improvements		191,700
Building and improvements		391,300
Lease incentive		2,100
Intangible lease assets		49,700
Accumulated depreciation and amortization		21,400
Direct financing lease receivables, net		2,400
Real estate investments held for sale, net		4,200
Straight-line rent receivable		5,000
Secured borrowings, net of deferred financing costs		511,600
Intangible lease liabilities, net		10,800
Intangible lease liabilities held for sale, net		$ 100
Predecessor | Class A Units
Members' equity, per unit		$ 1,000
Members' equity, units issued		83,700
Members' equity, units outstanding		83,700
Predecessor | Class B Units
Members' equity, units issued		8,550
Members' equity, units outstanding		1,610
Members' equity, units vested		1,610
Predecessor | Class C Units
Members' equity, per unit		$ 1,000
Members' equity, units issued		91,450
Members' equity, units outstanding		91,450
Predecessor | Class D Units
Members' equity, units issued		3,000
Members' equity, units outstanding		600
Members' equity, units vested		600

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Rental revenue		$ 15,271	$ 94,944	$ 53,373
Interest income on loans and direct financing lease receivables		161	656	293
Other revenue		88	623	783
Total revenues		15,520	96,223	54,449
Expenses:
Interest (including $4,603 and $3,478 to related parties during the year ended December 31, 2018 and 2017, respectively)		987	30,192	22,574
General and administrative		4,321	13,762	8,775
Property expenses		533	1,980	1,547
Depreciation and amortization		5,428	31,352	19,516
Provision for impairment of real estate		1,298	4,503	2,377
Total expenses		12,567	81,789	54,789
Other operating income:
Gain on dispositions of real estate, net		871	5,445	6,748
Income from operations		3,824	19,879	6,408
Other income:
Interest		3	930	49
Income before income tax expense		3,827	20,809	6,457
Income tax expense		77	195	161
Net income	$ 16,329	3,750	20,614	6,296
Net income attributable to non-controlling interests	$ (5,001)		(5,001)
Net income attributable to stockholders and members		3,750	15,613	6,296
Comprehensive income attributable to stockholders and members		$ 3,750	$ 15,613	$ 6,296
Basic weighted average shares outstanding	42,634,678
Basic net income per share	$ 0.26
Diluted weighted average shares outstanding	61,765,957
Diluted net income per share	$ 0.26

Consolidated Statements of Op_2

Consolidated Statements of Operations and Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Interest expense related parties	$ 4,603	$ 3,478

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' / Members' Equity - USD ($) $ in Thousands	Total	Class A Units	Class B Units	Class C Units	Class D Units	SCF Funding LLC	Common Stock	Additional Paid-in Capital	Distributions in Excess of Retained Earnings	Total Stockholders' / Members' Equity	Non-Controlling Interests
Balance (Predecessor) at Mar. 30, 2016	$ 0					$ 0				$ 0
Contributions | Predecessor	451,693					451,693				451,693
Distributions | Predecessor	(280,793)					(280,793)				(280,793)
Net income | Predecessor	3,750					3,750				3,750
Balance (Predecessor) at Dec. 31, 2016	174,650					174,650				174,650
Contributions | Predecessor	101,008	$ 83,700				17,308				101,008
Distributions | Predecessor	(101,222)					(101,222)				(101,222)
Conversion of equity resulting from issuance of units | Predecessor				$ 90,823		(90,823)
Unit compensation expense | Predecessor	670		$ 574		$ 96					670
Net income | Predecessor	6,296	2,968		3,241		$ 87				6,296
Net income	6,296
Balance (Predecessor) at Dec. 31, 2017	181,402	86,668	574	94,064	96					181,402
Balance at Dec. 31, 2017	181,402
Contributions | Predecessor	50,000	50,000								50,000
Unit compensation expense | Predecessor	443		373		70					443
Net income | Predecessor	4,285	2,414		1,871						4,285
Balance (Predecessor) at Jun. 24, 2018	236,130	139,082	947	95,935	166					236,130
Balance (Predecessor) at Dec. 31, 2017	181,402	86,668	574	94,064	96					181,402
Balance at Dec. 31, 2017	181,402
Net income	20,614
Balance at Dec. 31, 2018	$ 811,041						$ 431	$ 569,407	$ (7,659)	562,179	$ 248,862
Balance, shares at Dec. 31, 2018	43,749,092						43,749,092
Balance (Predecessor) at Jun. 24, 2018	$ 236,130	139,082	947	95,935	166					236,130
Contribution of Predecessor equity in exchange for OP Units		$ (139,082)	$ (947)	$ (95,935)	$ (166)					(236,130)	236,130
Initial public offering	493,811						$ 353	493,458		493,811
Initial public offering, shares							35,272,191
Concurrent private placement of common stock	108,999						$ 78	108,921		108,999
Concurrent private placement of common stock, shares							7,785,611
Concurrent private placement of OP Units	16,001										16,001
Costs related to initial public offering	(35,107)							(35,107)		(35,107)
Share-based compensation expense	1,692							1,692		1,692
Share-based compensation expense, shares							691,290
Unit compensation expense	443							443		443
Dividends declared on common stock and OP Units	(27,257)								(18,987)	(18,987)	(8,270)
Net income	16,329								11,328	11,328	5,001
Balance at Dec. 31, 2018	$ 811,041						$ 431	$ 569,407	$ (7,659)	$ 562,179	$ 248,862
Balance, shares at Dec. 31, 2018	43,749,092						43,749,092

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net income	$ 3,750	$ 20,614	$ 6,296
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and lease intangible amortization	5,428	31,352	19,516
Amortization of lease incentive	11	159	139
Amortization of above/below market leases	116	336	531
Amortization of deferred financing costs	101	2,798	1,884
Provision for impairment of real estate	1,298	4,503	2,377
Gain on dispositions of investments, net	(871)	(5,445)	(6,749)
Straight-line rent receivable	(1,244)	(8,812)	(4,329)
Equity-based compensation expense		2,440	841
Allowance for doubtful accounts		385	148
Changes in other assets and liabilities:
Prepaid expenses and other assets	(501)	(767)	(2,301)
Accrued liabilities and other payables	2,430	(1,646)	4,121
Net cash provided by operating activities	10,518	45,917	22,474
Cash flows from investing activities:
Proceeds from sales of investments, net	16,476	60,446	53,626
Principal collections on direct financing lease receivables	37	74	79
Investments in loans and direct financing receivables	(3,696)	(14,854)
Deposits for prospective real estate investments	(75)	(1,712)	(251)
Investment in real estate	(288,914)	(488,351)	(509,777)
Investment in construction in progress	(957)	(15,258)	(7,737)
Lease incentives paid	(2,000)	(519)	(275)
Capital expenditures		(1,689)	(48)
Net cash used in investing activities	(279,129)	(461,863)	(464,383)
Cash flows from financing activities:
Proceeds from issuance of notes payable to related parties		154,000	543,000
Payments of principal on notes payable to related parties		(384,000)	(313,000)
Proceeds from secured borrowings	7,495		248,100
Repayments of secured borrowings	(316)	(7,816)	(5,597)
Borrowings under revolving credit facility		34,000
Deferred financing costs	(7,713)	(3,065)	(5,564)
Capital contributions by members in Predecessor	288,604	50,000	83,700
Distributions paid to members by Predecessor	(7,537)		(101,222)
Proceeds from initial public offering, net		464,182
Initial public offering costs		(5,478)
Dividends paid		(14,068)
Net cash provided by financing activities	280,533	412,755	449,417
Net increase (decrease) in cash and cash equivalents and restricted cash	11,922	(3,191)	7,508
Cash and cash equivalents and restricted cash, beginning of period		19,430	11,922
Cash and cash equivalents and restricted cash, end of period	11,922	16,239	19,430
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents	1,825	4,236	7,250
Restricted cash	10,097	12,003	12,180
Cash and cash equivalents and restricted cash, end of period	11,922	16,239	19,430
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized	633	27,901	20,439
Cash paid for income taxes		55	6
Non-cash investing and financing activities:
Reclassification from construction in progress upon project completion		18,009	4,618
Non-cash equity contributions	163,089		17,308
Non-cash distributions	(273,256)
Real estate investments acquired through direct equity investment	(163,089)		$ (17,308)
Non-cash proceeds from secured borrowings	$ 273,256
Contribution of Predecessor equity in exchange for OP Units		236,130
Underwriters discount on capital raised through initial public offering		29,629
Dividends declared on common stock		13,189
Operating Partnership Unit
Cash flows from financing activities:
Proceeds from concurrent private placement		16,001
Common Stock
Cash flows from financing activities:
Proceeds from concurrent private placement		$ 108,999

Organization

Organization	12 Months Ended
	Dec. 31, 2018
Organization And Formation Activities [Abstract]
Organization	1. Organization Essential Properties Realty Trust, Inc. (“EPRT Inc.” or the “Company”) is an internally managed real estate company that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses. EPRT Inc. has a diversified portfolio that focuses on properties leased to tenants in businesses such as restaurants (including quick service, casual and family dining), car washes, automotive services, medical services, convenience stores, entertainment, early childhood education and health and fitness. EPRT Inc. acquires and leases freestanding, single-tenant commercial real estate facilities where a tenant services its customers and conducts activities that are essential to the generation of the tenant’s sales and profits. EPRT Inc. was organized on January 12, 2018 as a Maryland corporation and intends to qualify to be taxed as a real estate investment trust (“REIT”) beginning with its taxable year ended December 31, 2018. On June 25, 2018, EPRT Inc. completed its initial public offering (the “IPO”) of 32,500,000 shares of common stock, $0.01 par value per share, at an initial public offering price of $14.00 per share, pursuant to a registration statement on Form S-11 (File No. 333-225215), filed with the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (the “Securities Act”). On July 24, 2018, EPRT Inc. issued an additional 2,772,191 shares of common stock at the initial public offering price of $14.00 per share pursuant to the partial exercise of an option granted to the underwriters of its IPO. N et proceeds from the IPO and the issuance of shares to underwriters, after deducting underwriting discounts and commissions and other expenses, were $458.7 million. Prior to the completion of the IPO, a number of formation transactions (the “Formation Transactions”) took place that were designed to facilitate the completion of the IPO. Among other things, on June 20, 2018, Essential Properties Realty Trust LLC (“EPRT LLC”) converted from a Delaware limited liability company into a Delaware limited partnership, changed its name to Essential Properties, L.P. (the “Operating Partnership”) and became the subsidiary through which EPRT Inc. holds substantially all of its assets and conducts its operations. Prior to the completion of the Formation Transactions, EPRT LLC was a wholly owned subsidiary of EPRT Holdings LLC (“EPRT Holdings” and, together with EPRT LLC, the “Predecessor”), and EPRT Holdings received 17,913,592 units of limited partnership interest in the Operating Partnership (“OP Units”) in connection with EPRT LLC’s conversion into a Delaware limited partnership. Essential Properties OP G.P., LLC, a wholly owned subsidiary of EPRT Inc., became the sole general partner of the Operating Partnership. The Formation Transactions were accounted for as a reorganization of entities under common control in the consolidated financial statements and the assets and liabilities of the Predecessor were recorded by EPRT Inc. at their historical carrying amounts. Concurrent with the completion of the IPO, EPRT Inc. received an additional $125.0 million investment from Eldridge Industries, LLC (“Eldridge”) in private placements (the “Concurrent Private Placement”) of 7,785,611 shares of EPRT Inc.’s common stock and 1,142,960 OP Units. EPRT Inc. contributed the net proceeds from the issuance of the 43,057,802 shares of common stock in its IPO (inclusive of the shares issued pursuant to the partial exercise by the underwriters of their option to purchase additional shares) and the Concurrent Private Placement of common stock to Eldridge to the Operating Partnership in exchange for a like number of OP Units. The Predecessor EPRT LLC was formed on March 30, 2016 as a Delaware limited liability company by its initial sole member, SCF Funding LLC (the “Parent”). EPRT LLC commenced operations on March 30, 2016 and the affairs of EPRT LLC were managed by Stonebriar Finance Holdings LLC (the “Manager”). The Parent and Manager were ultimately wholly owned through a series of Delaware limited liability companies by Eldridge. EPRT LLC’s operating agreement (the “EPRT LLC Operating Agreement”) provided certain limitations on the liability of the Parent and the Manager. These limitations included 1) that neither the Parent nor the Manager shall be liable for the debts, obligations, or liabilities of EPRT LLC solely by reason of being a member or manager of EPRT LLC, 2) that neither the Parent nor the Manager shall be liable to EPRT LLC or to any member of EPRT LLC or other person or entity who may become party to the EPRT LLC Operating Agreement for any breach of the EPRT LLC Operating Agreement arising under or in connection with the EPRT LLC Operating Agreement except for any act or omission made in bad faith, and 3) EPRT LLC indemnifies the Parent, Manager and officers from and against all losses, claims, damages, liabilities, costs and expenses except those resulting primarily from bad faith of the indemnitee. On January 31, 2017, EPRT LLC received additional capital contributions from Stonebriar Holdings LLC (“Stonebriar Holdings”) and members of EPRT LLC’s management (“EPRT Management”), and issued four classes of equity units: Class A, Class B, Class C and Class D. The Class A and Class C units have voting rights while the Class B and D units do not have voting rights. After these equity contributions, the Parent owned approximately 52.3% of EPRT LLC, Stonebriar Holdings owned approximately 45.7% and EPRT Management owned approximately 2.0%. On December 31, 2017, EPRT LLC reorganized (the “EPRT LLC Reorganization”) and the holders of the Class A, Class B, Class C and Class D units contributed all of their interests in EPRT LLC to EPRT Holdings in exchange for interests in EPRT Holdings with the same rights as the interests they held in EPRT LLC. The EPRT LLC Reorganization lacked economic substance, as the newly issued units of EPRT Holdings have the same rights and privileges as the previously issued units of EPRT LLC and there was no change in ownership percentages of the individual unitholders. As of December 31, 2017, EPRT LLC became a wholly owned subsidiary of EPRT Holdings. The EPRT LLC Reorganization was accounted for as a reorganization of entities under common control in the Predecessor’s consolidated financial statements and the assets and liabilities of EPRT LLC were recorded by EPRT Holdings at their historical carrying amounts.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Accounting The accompanying consolidated financial statements of the Company are prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and with the rules and regulations of the SEC. In the opinion of management, all adjustments of a normal recurring nature necessary for a fair presentation have been included. Reclassification Certain amounts previously reported in the consolidated financial statements have been reclassified in the accompanying consolidated financial statements to conform to the current period’s presentation of gain on dispositions of real estate, net on the consolidated statement of operations and comprehensive income for the year ended December 31, 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016. The Company has presented gain on dispositions of real estate, net as a component of income from operations in order to present gains and losses on dispositions of properties in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (ASC) 360-10-45-5. This change in presentation was made for the prior periods as the SEC has eliminated Rule 3-15(a) of Regulation S-X, which previously had required the Company to present gains and losses on sale of properties outside of continuing operations in the income statement. Additionally, certain amounts previously reported in the consolidated financial statements have been reclassified in the accompanying consolidated financial statements to conform to the current period’s presentation of interest income and income taxes (benefit). Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and subsidiaries in which the Company has a controlling financial interest. All intercompany accounts and transactions have been eliminated in consolidation. As of December 31, 2018, the Company held a 69.7% ownership interest in the Operating Partnership and the consolidated financial statements include the financial statements of the Operating Partnership. As of December 31, 2017, all subsidiaries of the Predecessor were wholly owned. Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Real Estate Investments Investments in real estate are carried at cost less accumulated depreciation and impairment losses, if any. The cost of investments in real estate reflects their purchase price or development cost. The Company evaluates each acquisition transaction to determine whether the acquired asset meets the definition of a business. Under Accounting Standards Update (“ASU”) 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business The Company allocates the purchase price of acquired properties accounted for as asset acquisitions to tangible and identifiable intangible assets or liabilities based on their relative fair values. Tangible assets may include land, site improvements and buildings. Intangible assets may include the value of in-place leases and above- and below-market leases and other identifiable intangible assets or liabilities based on lease or property specific characteristics. The Company incurs various costs in the leasing and development of its properties. Amounts paid to tenants that incentivize them to extend or otherwise amend an existing lease or to sign a new lease agreement are capitalized to lease incentive on the Company’s consolidated balance sheets. Tenant improvements are capitalized to building and improvements within the Company’s consolidated balance sheets. Costs incurred which are directly related to properties under development, which include pre-construction costs essential to the development of the property, development costs, construction costs, interest costs and real estate taxes and insurance, are capitalized during the period of development as construction in progress. After the determination is made to capitalize a cost, it is allocated to the specific component of a project that benefited. Determination of when a development project commences and capitalization begins, and when a development project has reached substantial completion and is available for occupancy and capitalization must cease, involves a degree of judgment. The fair value of the tangible assets of an acquired property with an in-place operating lease is determined by valuing the property as if it were vacant, and the “as-if-vacant” value is then allocated to the tangible assets based on the fair value of the tangible assets. The fair value of in-place leases is determined by considering estimates of carrying costs during the expected lease-up periods, current market conditions, as well as costs to execute similar leases based on the specific characteristics of each tenant’s lease. The Company estimates the cost to execute leases with terms similar to the remaining lease terms of the in-place leases, including leasing commissions, legal and other related expenses. Factors the Company considers in this analysis include an estimate of the carrying costs during the 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, which primarily range from six to 12 months. The fair value of above- or below-market leases is recorded based on the net present value (using a discount rate that reflects the risks associated with the leases acquired) of the difference between the contractual amount to be paid pursuant to the in-place lease and the Company’s estimate of the fair market lease rate for the corresponding in-place lease, measured over the remaining non-cancelable term of the lease including any below-market fixed rate renewal options for below-market leases. In making estimates of fair values for purposes of allocating purchase price, the Company utilizes a number of sources, including real estate valuations prepared by independent valuation firms. The Company also considers information and other factors including market conditions, the industry that the tenant operates in, characteristics of the real estate, e.g., location, size, demographics, value and comparative rental rates, tenant credit profile and the importance of the location of the real estate to the operations of the tenant’s business. Additionally, the Company considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities in estimating the fair value of the tangible and intangible assets acquired. The Company uses the information obtained as a result of its pre-acquisition due diligence as part of its consideration of the accounting standard governing asset retirement obligations and, when necessary, will record an asset retirement obligation as part of the purchase price allocation. Real estate investments that are intended to be sold are designated as “held for sale” on the consolidated balance sheets at the lesser of carrying amount or fair value less estimated selling costs when they meet specific criteria to be presented as held for sale. Real estate investments are no longer depreciated when they are classified as held for sale. If the disposal, or intended disposal, of certain real estate investments represents a strategic shift that has had or will have a major effect on the Company’s operations and financial results, the operations of such real estate investments would be presented as discontinued operations in the consolidated statements of operations and comprehensive income for all applicable periods. Depreciation and Amortization Depreciation is computed using the straight-line method over the estimated useful lives of up to 40 years for buildings and 15 years for site improvements. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded $24.8 million, $14.0 million and $3.0 million, respectively, of depreciation on its real estate investments. Lease incentives are amortized on a straight-line basis as a reduction of rental income over the remaining non-cancellable terms of the respective leases. If a tenant terminates its lease, the unamortized portion of the lease incentive is charged to rental revenue. Construction in progress is not depreciated until the development has reached substantial completion. Tenant improvements are depreciated over the non-cancellable term of the related lease or their estimated useful life, whichever is shorter. Capitalized above-market lease values are amortized on a straight-line basis as a reduction of rental revenue over the remaining non-cancellable terms of the respective leases. Capitalized below-market lease values are accreted on a straight-line basis as an increase to rental revenue over the remaining non-cancellable terms of the respective leases including any below-market fixed rate renewal option periods. Capitalized above-market ground lease values are accreted as a reduction of property expenses over the remaining terms of the respective leases. Capitalized below-market ground lease values are amortized as an increase to property expenses over the remaining terms of the respective leases and any expected below-market renewal option periods where renewal is considered probable. The value of in-place leases, exclusive of the value of above-market and below-market lease intangibles, is amortized to depreciation and amortization expense on a straight-line basis over the remaining periods of the respective leases. If a tenant terminates its lease, the unamortized portion of each intangible, including in-place lease values, is charged to depreciation and amortization expense, while above- and below-market lease adjustments are recorded within rental revenue in the consolidated statements of operations and comprehensive income. Loans Receivable The Company holds its loans receivable for long-term investment. Loans receivable are carried at amortized cost, including related unamortized discounts or premiums, if any. The Company recognizes interest income on loans receivable using the effective-interest method applied on a loan-by-loan basis. Direct costs associated with originating loans are offset against any related fees received and the balance, along with any premium or discount, is deferred and amortized as an adjustment to interest income over the term of the related loan receivable using the effective-interest method. The Company periodically evaluates the collectability of its loans receivable, including accrued interest, by analyzing the underlying property‑level economics and trends, collateral value and quality and other relevant factors in determining the adequacy of its allowance for loan losses. A loan is determined to be impaired when, in management’s judgment based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Specific allowances for loan losses are provided for impaired loans on an individual loan basis in the amount by which the carrying value exceeds the estimated fair value of the underlying collateral less disposition costs. As of December 31, 2018, the Company had no allowance for loan losses recorded in its consolidated financial statements. The Company had no loans receivable, and therefore had no allowance for loan losses, as of December 31, 2017. Direct Financing Lease Receivables Certain of the Company’s real estate investment transactions are accounted for as direct financing leases. The Company records the direct financing lease receivables at their net investment, determined as the aggregate minimum lease payments and the estimated non-guaranteed residual value of the leased property less unearned income. The unearned income is recognized over the life of the related lease contracts so as to produce a constant rate of return on the net investment in the asset. The Company’s investment in direct financing lease receivables is reduced over the applicable lease term to its non-guaranteed residual value by the portion of rent allocated to the direct financing lease receivables. If and when an investment in direct financing lease receivables is identified for impairment evaluation, the Company will apply the guidance in both ASC 310, Receivables Leases Impairment of Long-Lived Assets If circumstances indicate that the carrying value of a property may not be recoverable, the Company reviews the asset for impairment. This review is based on an estimate of the future undiscounted cash flows, excluding interest charges, expected to result from the property’s use and eventual disposition. These estimates consider factors such as expected future operating income, market and other applicable trends and residual value, as well as the effects of leasing demand, competition and other factors. If impairment exists due to the inability to recover the carrying value of a property, an impairment loss is recorded to the extent that the carrying value exceeds the estimated fair value of the property for properties to be held and used. For properties held for sale, the impairment loss is the adjustment to fair value less estimated cost to dispose of the asset. Impairment assessments have a direct impact on the consolidated statements of operations and comprehensive income because recording an impairment loss results in an immediate negative adjustment to the consolidated statements of operations and comprehensive income. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded a provision for impairment of real estate of $4.5 million, $2.4 million and $1.3 million, respectively. Cash and Cash Equivalents Cash and cash equivalents includes cash in the Company’s bank accounts. The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents. The Company deposits cash with high quality financial institutions. These deposits are guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to an insurance limit. As of December 31, 2018 and December 31, 2017, the Company had deposits of $4.2 million and $7.3 million, respectively, of which $4.0 million and $7.0 million, respectively, were in excess of the amount insured by the FDIC. Although the Company bears risk to amounts in excess of those insured by the FDIC, it does not anticipate any losses as a result. Restricted Cash Restricted cash consists of cash held with the trustee for the Company’s Master Trust Funding Program (as defined in Note 5—Secured Borrowings). This restricted cash is used to make principal and interest payments on the Company’s secured borrowings, to pay trust expenses and to acquire future real estate investments which will be pledged as collateral under the Master Trust Funding Program. See Note 5—Secured Borrowings for further discussion. Allowance for Doubtful Accounts The Company continually reviews receivables related to rent and unbilled rent receivables and determines collectability by taking into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. If the collectability of a receivable is in doubt, the accounts receivable and straight-line rent receivable balances are reduced by an allowance for doubtful accounts on the consolidated balance sheets or a direct write-off of the receivable is recorded in the consolidated statements of operations. The provision for doubtful accounts is included in property expenses in the Company’s consolidated statements of operations and comprehensive income. If the accounts receivable balance or straight-line rent receivable balance is subsequently deemed to be uncollectible, such receivable amounts are written-off to the allowance for doubtful accounts. As of December 31, 2018, the Company recorded an allowance for doubtful accounts of $0.2 million related to base rent receivable and recorded no allowance for doubtful accounts related to straight-line rent receivable. As of December 31, 2017, the Company recorded allowances for doubtful accounts related to base rent receivable and straight-line rent receivable of $0.1 million and $0.1 million, respectively. Deferred Financing Costs Financing costs related to establishing the Company’s Revolving Credit Facility (as defined below) were deferred and are being amortized as an increase to interest expense in the consolidated statements of operations and comprehensive income over the term of the facility and are reported as a component of prepaid expenses and other assets, net on the consolidated balance sheets. Financing costs related to the issuance of the Company’s secured borrowings under the Master Trust Funding Program (as defined below) were deferred and are being amortized as an increase to interest expense in the consolidated statements of operations and comprehensive income over the term of the related debt instrument and are reported as a reduction of the related debt balance on the consolidated balance sheets. Fair Value Measurement The Company estimates fair value of financial and non-financial assets and liabilities based on the framework established in fair value accounting guidance. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The hierarchy described below prioritizes inputs to the valuation techniques used in measuring the fair value of assets and liabilities. This hierarchy maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring the most observable inputs to be used when available. The hierarchy is broken down into three levels based on the reliability of inputs as follows: Level 1—Quoted prices in active markets for identical assets and liabilities that the Company has the ability to access at the measurement date. Level 2—Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability. Level 3—Unobservable inputs that reflect the Company’s own assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques. Revenue Recognition The Company’s rental revenue is primarily rent received from tenants. Rent from tenants is recorded in accordance with the terms of each lease on a straight-line basis over the non-cancellable initial term of the lease from the later of the date of the commencement of the lease or the date of acquisition of the property subject to the lease. Rental The Company defers rental revenue related to lease payments received from tenants in advance of their due dates. These amounts are presented within accrued liabilities and other payables on the Company’s consolidated balance sheets. Certain properties in the Company’s investment portfolio are subject to leases that provide for contingent rent based on a percentage of the tenant’s gross sales. For these leases, the Company recognizes contingent rental revenue when the threshold upon which the contingent lease payment is based is actually reached. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded contingent rent of $1.1 million, $1.1 million and $0.4 million, respectively. Organizational Costs Costs related to the initial organization of the Company and its subsidiaries are expensed as they are incurred and are recorded within general and administrative expense in the Company’s consolidated statements of operations and comprehensive income. Offering Costs In connection with the IPO, the Company incurred legal, accounting and other offering-related costs. Such costs have been deducted from the gross proceeds of the IPO. As of December 31, 2018 and December 31, 2017, the Company had capitalized $35.1 million and $1.3 million, respectively, of such costs in the Company’s consolidated balance sheets. These costs are presented as a reduction of additional paid-in capital as of December 31, 2018 (after the completion of the IPO) and are presented within prepaid expenses and other assets as of December 31, 2017 (prior to the completion of the IPO). Gains and Losses on Dispositions of Real Estate Through December 31, 2017, gains and losses on dispositions of real estate investments were recorded in accordance with ASC 360-20, Property, Plant and Equipment—Real Estate Sales On January 1, 2018, the Company adopted FASB ASU 2017-05, Other Income — Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets Income Taxes EPRT Inc. intends to elect to be taxed as a REIT under sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its taxable year ended December 31, 2018. REITs are subject to a number of organizational and operational requirements, including a requirement that 90% of ordinary “REIT taxable income” (as determined without regard to the dividends paid deduction or net capital gains) be distributed. As a REIT, the Company will generally not be subject to U.S. federal income tax to the extent that it meets the organizational and operational requirements and its distributions equal or exceed REIT taxable income. For the period subsequent to the effective date of our intended REIT election, the Company intends to meet the organizational and operational requirements and expects distributions to exceed net taxable income. Accordingly, no provision has been made for U.S. federal income taxes. Even if the Company qualifies for taxation as a REIT, it may be subject to state and local income and franchise taxes, and to federal income and excise tax on its undistributed income. Franchise taxes and federal excise taxes on the Company’s undistributed income, if any, are included in general and administrative expenses on the accompanying consolidated statements of operations and comprehensive income. Additionally, taxable income from non-REIT activities managed through the Company's taxable REIT subsidiary is subject to federal, state, and local taxes. From the Predecessor’s commencement of operations on March 30, 2016 through January 31, 2017, the Predecessor and its subsidiaries included in the consolidated financial statements were treated as disregarded entities for U.S. federal and state income tax purposes, and, accordingly, the Predecessor was not subject to entity-level tax. Therefore, until the Predecessor’s issuance of Class A and Class C units on January 31, 2017, the Predecessor’s net income flowed through to the Parent for federal income tax purposes. Following the issuance of Class A and Class C units, the Predecessor’s net income flowed through to Class A and Class C unitholders for federal income tax purposes. Accordingly, no provision for U.S. federal income taxes has been included in the accompanying consolidated financial statements during the year ended December 31, 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016. With regard to state income taxes, the Predecessor was a taxable entity only in certain states that tax all entities, including partnerships. The Company analyzes its tax filing positions in all of the U.S. federal, state and local tax jurisdictions where it is required to file income tax returns, as well as for all open tax years in such jurisdictions. The Company follows a two-step process to evaluate uncertain tax positions. Step one, recognition, occurs when an entity concludes that a tax position, based solely on its technical merits, is more-likely-than-not to be sustained upon examination. Step two, measurement, determines the amount of benefit that is more-likely-than-not to be realized upon settlement. Derecognition of a tax position that was previously recognized would occur when the Company subsequently determines that a tax position no longer meets the more-likely-than-not threshold of being sustained. The use of a valuation allowance as a substitute for derecognition of tax positions is prohibited. As of December 31, 2018 and December 31, 2017, the Company did not record any accruals for uncertain tax positions. The Company’s policy is to classify interest expense and penalties in general and administrative expense in the consolidated statements of operations and comprehensive income. During the years ended December 31, 2018 and 2017, the Company did not record any interest or penalties, and there are no interest or penalties accrued at December 31, 2018 and 2017. The 2018, 2017 and 2016 taxable years remain open to examination by federal and state taxing jurisdictions to which the Company is subject. Equity-Based Compensation In 2018, EPRT Inc. granted shares of restricted common stock to its directors, executive officers and other employees that vest over a multi-year period, subject to the recipient’s continued service. In 2017, the Predecessor granted unit-based compensation awards to certain of its employees and managers, as well as non-employees, consisting of units that vest over a multi-year period, subject to the recipient’s continued service. The Company accounts for the restricted common stock and unit-based compensation in accordance with ASC 718, Compensation – Stock Compensation, which requires that such compensation be recognized in the financial statements based on their estimated grant-date fair value. The value of such awards is recognized as compensation expense in general and administrative expenses in the accompanying consolidated statements of operations over the requisite service periods. The Company recognizes compensation expense for equity-based compensation using the straight-line method based on the terms of the individual grant. Variable Interest Entities The FASB provides guidance for determining whether an entity is a variable interest entity (a “VIE”). VIEs are defined as entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. A VIE is required to be consolidated by its primary beneficiary, which is the party that (i) has the power to control the activities that most significantly impact the VIE’s economic performance and (ii) has the obligation to absorb losses, or the right to receive benefits, of the VIE that could potentially be significant to the VIE. Following the completion of the Formation Transactions, the Company concluded that the Operating Partnership is a VIE of which the Company is the primary beneficiary, as the Company has the power to direct the activities that most significantly impact the economic performance of the Operating Partnership . Substantially all of the Company’s assets and liabilities are held by the Operating Partnership. The assets and liabilities of the Operating Partnership are consolidated and reported as assets and liabilities on the Company’s consolidated balance sheet as of December 31, 2018. The Company has concluded that an entity which it has provided a $5.7 million mortgage loan receivable is a VIE because the terms of the loan agreement limit the entity’s ability to absorb expected losses or the entity’s right to receive expected residual returns. However, the Company is not the primary beneficiary of the entity, because the Company does not have the power to direct the activities that most significantly impact the entity’s economic performance. As of December 31, 2018, the carrying amount of the Company’s loan receivable with this entity was $5.7 million, and the Company’s maximum exposure to loss in this entity is limited to the carrying amount of its investment. The Company has no liabilities associated with this investment as of December 31, 2018. Reportable Segments ASC Topic 280, Segment Reporting, establishes standards for the manner in which enterprises report information about operating segments. Substantially all of the Company’s investments, at acquisition, are comprised of real estate owned that is leased to tenants on a long-term basis. Therefore, the Company aggregates these investments for reporting purposes and operates in one reportable segment. Net Income per Share Net income per share has been computed pursuant to the guidance in the FASB ASC Topic 260, Earnings Per Share Diluted net income per share of common stock further considers the effect of potentially dilutive shares of common stock outstanding during the period. The OP Units held by non-controlling interests represent potentially dilutive securities as the OP Units may be redeemed for cash or, at the Company’s election, exchanged for shares of the Company’s common stock on a one-for-one basis. The following is a reconciliation of the numerator and denominator used in the computation of basic and diluted net income per share (dollars in thousands): (dollar amounts in thousands) Period from June 25, 2018 to December 31, 2018 Numerator for basic and diluted earnings per share: Net income $ 16,329 Less: net income attributable to non-controlling interests (5,001 ) Less: net income allocated to unvested restricted common stock (300 ) Net income available for common stockholders: basic 11,028 Net income attributable to non-controlling interests 5,001 Net income available for common stockholders: diluted $ 16,029 Denominator for basic and diluted earnings per share: Weighted average common shares outstanding 43,325,968 Less: weighted average number of shares of unvested restricted common stock (691,290 ) Weighted average shares outstanding used in basic net income per share 42,634,678 Effects of dilutive securities: (1) OP Units 19,056,552 Unvested restricted common stock 74,727 Weighted average shares outstanding used in diluted net income per share 61,765,957 (1) Assumes the most dilutive issuance of potentially issuable shares between the two-class and treasury stock method unless the result would be anti-dilutive. Recent Accounting Developments In May 2014, with subsequent updates in 2015, 2016 and 2017, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which establishes a principles-based approach for accounting for revenue from contracts with customers. The standard does not apply to revenue recognition for lease contracts or to the interest income recognized from direct financing receivables, which together represent substantially all of the Company’s revenue. Such revenues are related to lease contracts with tenants, which currently fall within the scope of ASC Topic 840, and will fall within the scope of ASC Topic 842 upon the adoption of ASU 2016-02 on January 1, 2019 (see below). The Company’s sales of real estate are within the scope of ASU 2017-05 (see above). The Company adopted ASU 2014-09 on January 1, 2018 using the modified retrospective method for transition. The adoption of this new standard did not result in a cumulative effect adjustment as of January 1, 2018 and did not have any impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (“ASU 2016-02”) to amend the accounting for leases. The new standard requires lessees to classify leases as either finance or operating leases based on certain criteria and record a right-of-use asset and a lease lia

Investments

Investments	12 Months Ended
	Dec. 31, 2018
Investments [Abstract]
Investments	3. Investments As of December 31, 2018, the Company had investments in 665 property locations, including four developments in progress and one undeveloped land parcel, and three mortgage loans receivable secured by 12 additional properties. Of these 665 property locations, 652 represented owned properties (of which five were subject to leases accounted for as direct financing leases) and 13 represented ground lease interests (of which one building was subject to a lease accounted for as a direct financing lease). The Company’s gross investment portfolio totaled $1.4 billion as of December 31, 2018 and consisted of gross acquisition cost of real estate investments (including transaction costs) totaling $1.4 billion and loans and direct financing lease receivables, net, with an aggregate carrying amount of $17.5 million. As of December 31, 2018, 347 of these investments comprising $609.2 million of net investments were assets of consolidated special purpose entity subsidiaries and were pledged as collateral under the non-recourse obligations of these special purpose entities (See Note 5 – Secured Borrowings). As of December 31, 2017, the Company had investments in 508 property locations, including two developments in progress and two undeveloped land parcels. Of these 508 property locations, 493 represented owned properties (of which five were subject to leases accounted for as direct financing leases) and 15 represented ground lease interests (of which one building was subject to a lease accounted for as a direct financing lease). The Company’s gross investment portfolio totaled $939.1 million as of December 31, 2017 and consisted of gross acquisition cost of real estate investments (including transaction costs) totaling $932.2 million, direct financing lease receivables, net, with an aggregate carrying amount of $2.7 million and net real estate investments held for sale, net of $4.2 million. As of December 31, 2017, 348 of these investments comprising $620.0 million of net investments were assets of consolidated special purpose entity subsidiaries and were pledged as collateral under the non-recourse obligations of these special purpose entities (See Note 5 – Secured Borrowings). Acquisitions in 2018 During the year ended December 31, 2018, the Company did not complete any acquisitions that represented more than 5% of its total investment activity as of December 31, 2018. The following table presents information about the Company’s acquisition activity during the year ended December 31, 2018: (Dollar amounts in thousands) Total Investments Ownership type (1) Number of properties acquired 204 Allocation of purchase price: Land and improvements $ 160,362 Building and improvements 316,894 Construction in progress (2) 15,258 Intangible lease assets 12,227 Assets acquired 504,741 Intangible lease liabilities (1,132 ) Liabilities assumed (1,132 ) Purchase price (including acquisition costs) $ 503,609 (1) During the year ended December 31, 2018, the Company acquired the fee interest in 203 properties and acquired one property subject to a ground lease arrangement. (2) Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense. Acquisitions in 2017 The Company’s acquisition of a portfolio of home furnishings stores in the state of Michigan (the “Art Van Furniture Portfolio”) represented more than 5% of its total investment activity as of December 31, 2017. The following table presents information about the Company’s acquisition activity during the year ended December 31, 2017: (Dollar amounts in thousands) Art Van Furniture Portfolio Individually Insignificant Investments Total Acquisition date March 2017 Various Ownership type Fee Interest Fee Interest Number of properties acquired 5 207 212 Allocation of purchase price: Land and improvements $ 7,640 $ 140,452 $ 148,092 Building and improvements 48,037 318,225 366,262 Construction in progress (1) — 7,737 7,737 Intangible lease assets — 12,980 12,980 Direct financing lease receivables — — — Assets acquired 55,677 479,394 535,071 Intangible lease liabilities — (249 ) (249 ) Liabilities assumed — (249 ) (249 ) Purchase price (including acquisition costs) $ 55,677 $ 479,145 $ 534,822 (1) Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense. Acquisitions in 2016 On June 16, 2016, the Company completed its initial investment through the acquisition of 262 properties from GE Capital US Holdings, Inc. (“GE Capital”) and subsequently acquired an additional 7 properties in September 2016 and 2 properties in December 2016 from GE Capital (collectively, the “GE Capital Portfolio”). The Company’s acquisition of the GE Capital Portfolio and its acquisition of a portfolio of convenience stores in the state of New York (the “Mirabito Portfolio”) represented more than 5% of its total investment activity as of December 31, 2016. The following table presents information about the Company’s acquisition activity during the period from March 30, 2016 (commencement of operations) to December 31, 2016: (Dollar amounts in thousands) GE Capital Portfolio Mirabito Portfolio Individually Insignificant Investments Total Acquisition date Various August 2016 Various Ownership type (1) Fee Interest Fee Interest Number of properties acquired 271 23 67 361 Allocation of purchase price: Land and improvements $ 116,272 $ 1,860 $ 34,776 $ 152,908 Building and improvements 132,587 31,837 95,590 260,014 Construction in progress (2) — — 957 957 Intangible lease assets 52,771 — 5,351 58,122 Direct financing lease receivables 2,018 1,678 — 3,696 Assets acquired 303,648 35,375 136,674 475,697 Intangible lease liabilities (18,043 ) — (998 ) (19,041 ) Liabilities assumed (18,043 ) — (998 ) (19,041 ) Purchase price (including acquisition costs) $ 285,605 $ 35,375 $ 135,676 $ 456,656 (1) The Company acquired the fee interest in 254 of the properties in the GE Capital Portfolio. The remaining 17 properties in the GE Capital Portfolio were acquired subject to ground lease arrangements. (2) Includes approximately $10,000 of capitalized interest. All of the Company’s acquisitions during the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016 were accounted for as asset acquisitions because there was no substantive process acquired in any of the acquisitions and substantially all of the fair value of the individual acquisitions was concentrated in a single identifiable asset or group of similar identifiable assets. Gross Investment Activity During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company had the following gross investment activity: (Dollar amounts in thousands) Number of Investment Locations Dollar Amount of Investments Acquisitions of and additions to real estate investments 342 (1) $ 474,001 Investments in direct financing lease receivables 8 (1) 3,696 Sales of real estate (17) (17,632 ) Provisions for impairment of real estate (2) (1,361 ) Principal collections on direct financing lease receivables (37 ) Gross investments, December 31, 2016 344 458,667 Acquisitions of and additions to real estate investments 212 535,394 Sales of investments in real estate and direct financing lease receivables (47) (51,120 ) Relinquishment of property at end of ground lease term (1) (542 ) Provisions for impairment of real estate (3) (2,466 ) Principal collections on direct financing lease receivables (79 ) Other (782 ) Gross investments, December 31, 2017 508 939,072 Acquisitions of and additions to real estate investments 204 506,949 Sales of investments in real estate (45) (58,084 ) Relinquishment of properties at end of ground lease term (2) (853 ) Provisions for impairment of real estate (4) (4,543 ) Investments in loans receivable (5) 12 (6) 14,854 Principal collections on direct financing lease receivables (74 ) Other (2,772 ) Gross investments, December 31, 2018 1,394,549 Less: Accumulated depreciation and amortization (7) (51,855 ) Net investments, December 31, 2018 677 $ 1,342,694 (1) Six of the Company’s real estate acquisitions during the period from March 30, 2016 (commencement of operations) to December 31, 2016 had lease components accounted for as operating leases and as direct financing lease receivables. (2) During the period from period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company identified and recorded provisions for impairment at four vacant and three tenanted properties. The amount in the table above excludes $0.1 million related to intangible lease liabilities for these assets. (3) During the year ended December 31, 2017, the Company identified and recorded provisions for impairment at 6 vacant and 3 tenanted properties. The amount in the table above excludes $0.1 million related to intangible lease liabilities for these assets. (4) During the year ended December 31, 2018, the Company identified and recorded provisions for impairment at 7 vacant and 14 tenanted properties. The amount in the table above excludes approximately $40,000 related to intangible lease liabilities for these assets. (5) Includes $3.5 million of loan receivable made to the purchaser of one real estate property. (6) Excludes improvements at one property securing a $3.2 million development construction loan as the land at this location is included in acquisitions of and additions to real estate investments for 2018. (7) Includes $38.2 million of accumulated depreciation. Real Estate Investments The Company’s investment properties are leased to tenants under long-term operating leases that typically include one or more renewal options. Substantially all of the leases are triple-net, which means that they provide that the lessees are responsible for the payment of all property operating expenses, including maintenance, insurance, utilities, property taxes and, if applicable, ground rent expense; therefore, the Company is generally not responsible for repairs or other capital expenditures related to the properties while the triple-net leases are in effect. Scheduled future minimum base rental payments due to be received under the remaining non-cancelable term of the operating leases in place as of December 31, 2018 are as follows: (in thousands) Future Minimum Base Rental Receipts 2019 105,827 2020 106,082 2021 106,743 2022 108,035 2023 105,924 Thereafter 1,150,158 Total $ 1,682,769 Since lease renewal periods are exercisable at the option of the lessee, the preceding table presents future minimum base rental payments to be received during the initial non-cancelable lease term only. In addition, the future minimum lease payments exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to performance thresholds and exclude increases in annual rent based on future changes in the Consumer Price Index, among other items. Loans and Direct Financing Lease Receivables During the year ended December 31, 2018, the Company entered into four loan receivable arrangements with an aggregate carrying amount of $14.9 million as of December 31, 2018. The Company had no loan receivable activity during the year ended December 31, 2017 or the period from March 30, 2016 (commencement of operations) to December 31, 2016. The Company’s loans receivable as of December 31, 2018 Loan Type Monthly Payment Number of Secured Properties Interest Rate Maturity Date Principal Outstanding Mortgage (1)(2) Interest only 2 10.00% 2021 $ 2,376 Mortgage (1) Interest only 9 7.55% 2019 5,748 Mortgage (1)(2) Interest only 1 5.25% 2019 3,500 Development construction (2)(3) Principal + Interest 1 8.00% 2058 3,230 Net investment $ 14,854 (1) Loan requires monthly payments of interest only with a balloon payment due at maturity. (2) Loan allows for prepayments in whole or in part without penalty. (3) Loan is secured by a mortgage on the building and improvements at the development property. The Company provides periodic funding to the borrower under this arrangement as construction progresses. Monthly payments are made based on a 40-year amortization schedule with any outstanding principal balance due at maturity or earlier upon the occurrence of certain other events. The mortgaged property is subject to a ground lease arrangement with the Company, as landlord, and borrower, as tenant. If the tenant does not exercise its right to renew the ground lease at the end of the ground lease’s initial 15-year term, the balance of the mortgage loan receivable will be forgiven, and the Company will retain title to the mortgaged property. Scheduled principal payments due to be received under the Company’s loans receivable as of December 31, 2018 are as follows: (in thousands) Loans Receivable 2019 $ 9,259 2020 13 2021 2,391 2022 16 2023 17 Thereafter 3,158 Total $ 14,854 As of December 31, 2018 and 2017, the Company had $2.7 million of net investments accounted for as direct financing lease receivables. The components of the investments accounted for as direct financing lease receivables were as follows: (in thousands) December 31, 2018 December 31, 2017 Minimum lease payments receivable $ 4,198 $ 4,518 Estimated unguaranteed residual value of leased assets 270 270 Unearned income from leased assets (1,817 ) (2,063 ) Net investment $ 2,651 $ 2,725 Scheduled future minimum non-cancelable base rental payments due to be received under the direct financing lease receivables as of December 31, 2018 are as follows: (in thousands) Future Minimum Base Rental Payments 2019 $ 332 2020 338 2021 340 2022 345 2023 347 Thereafter 2,496 Total $ 4,198 Real Estate Investments Held for Sale The Company continually evaluates its portfolio of real estate investments and may elect to dispose of investments considering criteria including, but not limited to, tenant concentration, tenant credit quality, unit-level financial performance, local market conditions and lease rates, associated indebtedness, asset location and tenant operation type (e.g., industry, sector, or concept/brand). Real estate investments held for sale are expected to be sold to within twelve months. The following table shows the activity in real estate investments held for sale and intangible lease liabilities held for sale during the years ended December 31, 2018 and 2017. During the period from March 30, 2016 (commencement of operations) to December 31, 2016, no real estate investments were transferred to or from held for sale classification, and no real estate investments were classified as held for sale as of December 31, 2016. (Dollar amounts in thousands) Number of Properties Real Estate Investments Intangible Lease Liabilities Net Carrying Value Held for sale balance, January 1, 2017 — $ — $ — $ — Transfers to held for sale classification 3 4,173 (129 ) 4,044 Sales — — — — Transfers to held and used classification — — — — Held for sale balance, December 31, 2017 3 4,173 (129 ) 4,044 Transfers to held for sale classification 12 14,487 (256 ) 14,231 Sales (15 ) (18,660 ) 385 (18,275 ) Transfers to held and used classification — — — — Held for sale balance, December 31, 2018 $ — $ — $ — $ — Significant Concentrations The Company did not have any tenants (including for this purpose, all affiliates of such tenants) whose rental revenue for the years ended December 31, 2018 or 2017 or the period from March 30, 2016 (commencement of operations) to December 31, 2016 represented 10% or more of total rental revenue in the Company’s consolidated statements of operations and comprehensive income. The following table lists the states where the rental revenue from the properties in that state during the periods presented represented 10% or more of total rental revenue in the Company’s consolidated statements of operations and comprehensive income: Year ended December 31, Period from March 30, 2016 (Commencement of Operations) to December 31, 2016 State 2018 2017 Florida * 10.2% 14.0% Georgia 11.5% * 13.0% Texas 12.5% 13.1% 11.1% * State's rental revenue was not greater than 10% of total rental revenue for all portfolio properties during the period specified. Intangible Assets and Liabilities Intangible assets and liabilities consisted of the following as of the dates presented: December 31, 2018 December 31, 2017 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets: In-place leases $ 50,317 $ 9,498 $ 40,819 $ 44,738 $ 6,638 $ 38,100 Intangible market lease assets 16,104 4,144 11,960 17,715 2,794 14,921 Total intangible assets $ 66,421 $ 13,642 $ 52,779 $ 62,453 $ 9,432 $ 53,021 Intangible market lease liabilities $ 14,894 $ 3,278 $ 11,616 $ 14,824 $ 2,503 $ 12,321 The remaining weighted average amortization period for the Company’s intangible assets and liabilities as of December 31, 2018, by category and in total, were as follows: Years Remaining In-place leases 10.7 Intangible market lease assets 8.8 Total intangible assets 10.2 Intangible market lease liabilities 15.8 The following table discloses amounts recognized within the consolidated statements of operations and comprehensive income related to amortization of in-place leases, amortization and accretion of above- and below-market lease assets and liabilities, net and the amortization and accretion of above- and below-market ground leases for the periods presented: Year ended December 31, Period from March 30, 2016 (Commencement of Operations) to December 31, 2016 (in thousands) 2018 2017 Amortization of in-place leases (1) $ 6,465 $ 5,461 $ 2,420 Amortization (accretion) of market lease intangibles, net (2) 780 1,071 128 Amortization (accretion) of above- and below-market ground lease intangibles, net (3) (443 ) (540 ) (11 ) (1) Reflected within depreciation and amortization expense. (2) Reflected within rental revenue. (3) Reflected within property expenses. The following table provides the projected amortization of in-place lease assets to depreciation and amortization expense, net amortization of above- and below-market lease intangibles to rental revenue, and net amortization of above- and below-market ground lease intangibles into property expenses for the next five years: (in thousands) 2019 2020 2021 2022 2023 In-place lease assets $ 4,907 $ 4,459 $ 4,260 $ 4,130 $ 3,684 Adjustment to amortization expense $ 4,907 $ 4,459 $ 4,260 $ 4,130 $ 3,684 Above-market lease assets $ (1,445 ) $ (1,291 ) $ (1,242 ) $ (1,241 ) $ (1,237 ) Below-market lease liabilities 738 660 660 657 487 Net adjustment to rental revenue $ (707 ) $ (631 ) $ (582 ) $ (584 ) $ (750 ) Below-market ground lease assets $ 74 $ — $ — $ — $ — Above-market ground lease liabilities (374 ) (228 ) (183 ) (180 ) (150 ) Net adjustment to property expenses $ (300 ) $ (228 ) $ (183 ) $ (180 ) $ (150 ) Subsequent to December 31, 2018, the Company acquired 23 real estate properties with an aggregate investment (including acquisition-related costs) of $37.8 million and invested $1.6 million in new and ongoing construction in progress and reimbursements to tenants for development, construction and renovation costs. Subsequent to December 31, 2018, the Company sold or transferred its investment in 3 real estate properties for an aggregate gross sales price of $4.4 million and incurred $0.2 million of disposition costs related to these transactions. 3. Investments As of December 31, 2018, the Company had investments in 665 property locations, including four developments in progress and one undeveloped land parcel, and three mortgage loans receivable secured by 12 additional properties. Of these 665 property locations, 652 represented owned properties (of which five were subject to leases accounted for as direct financing leases) and 13 represented ground lease interests (of which one building was subject to a lease accounted for as a direct financing lease). The Company’s gross investment portfolio totaled $1.4 billion as of December 31, 2018 and consisted of gross acquisition cost of real estate investments (including transaction costs) totaling $1.4 billion and loans and direct financing lease receivables, net, with an aggregate carrying amount of $17.5 million. As of December 31, 2018, 347 of these investments comprising $609.2 million of net investments were assets of consolidated special purpose entity subsidiaries and were pledged as collateral under the non-recourse obligations of these special purpose entities (See Note 5 – Secured Borrowings). As of December 31, 2017, the Company had investments in 508 property locations, including two developments in progress and two undeveloped land parcels. Of these 508 property locations, 493 represented owned properties (of which five were subject to leases accounted for as direct financing leases) and 15 represented ground lease interests (of which one building was subject to a lease accounted for as a direct financing lease). The Company’s gross investment portfolio totaled $939.1 million as of December 31, 2017 and consisted of gross acquisition cost of real estate investments (including transaction costs) totaling $932.2 million, direct financing lease receivables, net, with an aggregate carrying amount of $2.7 million and net real estate investments held for sale, net of $4.2 million. As of December 31, 2017, 348 of these investments comprising $620.0 million of net investments were assets of consolidated special purpose entity subsidiaries and were pledged as collateral under the non-recourse obligations of these special purpose entities (See Note 5 – Secured Borrowings). Acquisitions in 2018 During the year ended December 31, 2018, the Company did not complete any acquisitions that represented more than 5% of its total investment activity as of December 31, 2018. The following table presents information about the Company’s acquisition activity during the year ended December 31, 2018: (Dollar amounts in thousands) Total Investments Ownership type (1) Number of properties acquired 204 Allocation of purchase price: Land and improvements $ 160,362 Building and improvements 316,894 Construction in progress (2) 15,258 Intangible lease assets 12,227 Assets acquired 504,741 Intangible lease liabilities (1,132 ) Liabilities assumed (1,132 ) Purchase price (including acquisition costs) $ 503,609 (1) During the year ended December 31, 2018, the Company acquired the fee interest in 203 properties and acquired one property subject to a ground lease arrangement. (2) Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense. Acquisitions in 2017 The Company’s acquisition of a portfolio of home furnishings stores in the state of Michigan (the “Art Van Furniture Portfolio”) represented more than 5% of its total investment activity as of December 31, 2017. The following table presents information about the Company’s acquisition activity during the year ended December 31, 2017: (Dollar amounts in thousands) Art Van Furniture Portfolio Individually Insignificant Investments Total Acquisition date March 2017 Various Ownership type Fee Interest Fee Interest Number of properties acquired 5 207 212 Allocation of purchase price: Land and improvements $ 7,640 $ 140,452 $ 148,092 Building and improvements 48,037 318,225 366,262 Construction in progress (1) — 7,737 7,737 Intangible lease assets — 12,980 12,980 Direct financing lease receivables — — — Assets acquired 55,677 479,394 535,071 Intangible lease liabilities — (249 ) (249 ) Liabilities assumed — (249 ) (249 ) Purchase price (including acquisition costs) $ 55,677 $ 479,145 $ 534,822 (1) Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense. Acquisitions in 2016 On June 16, 2016, the Company completed its initial investment through the acquisition of 262 properties from GE Capital US Holdings, Inc. (“GE Capital”) and subsequently acquired an additional 7 properties in September 2016 and 2 properties in December 2016 from GE Capital (collectively, the “GE Capital Portfolio”). The Company’s acquisition of the GE Capital Portfolio and its acquisition of a portfolio of convenience stores in the state of New York (the “Mirabito Portfolio”) represented more than 5% of its total investment activity as of December 31, 2016. The following table presents information about the Company’s acquisition activity during the period from March 30, 2016 (commencement of operations) to December 31, 2016: (Dollar amounts in thousands) GE Capital Portfolio Mirabito Portfolio Individually Insignificant Investments Total Acquisition date Various August 2016 Various Ownership type (1) Fee Interest Fee Interest Number of properties acquired 271 23 67 361 Allocation of purchase price: Land and improvements $ 116,272 $ 1,860 $ 34,776 $ 152,908 Building and improvements 132,587 31,837 95,590 260,014 Construction in progress (2) — — 957 957 Intangible lease assets 52,771 — 5,351 58,122 Direct financing lease receivables 2,018 1,678 — 3,696 Assets acquired 303,648 35,375 136,674 475,697 Intangible lease liabilities (18,043 ) — (998 ) (19,041 ) Liabilities assumed (18,043 ) — (998 ) (19,041 ) Purchase price (including acquisition costs) $ 285,605 $ 35,375 $ 135,676 $ 456,656 (1) The Company acquired the fee interest in 254 of the properties in the GE Capital Portfolio. The remaining 17 properties in the GE Capital Portfolio were acquired subject to ground lease arrangements. (2) Includes approximately $10,000 of capitalized interest. All of the Company’s acquisitions during the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016 were accounted for as asset acquisitions because there was no substantive process acquired in any of the acquisitions and substantially all of the fair value of the individual acquisitions was concentrated in a single identifiable asset or group of similar identifiable assets. Gross Investment Activity During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company had the following gross investment activity: (Dollar amounts in thousands) Number of Investment Locations Dollar Amount of Investments Acquisitions of and additions to real estate investments 342 (1) $ 474,001 Investments in direct financing lease receivables 8 (1) 3,696 Sales of real estate (17) (17,632 ) Provisions for impairment of real estate (2) (1,361 ) Principal collections on direct financing lease receivables (37 ) Gross investments, December 31, 2016 344 458,667 Acquisitions of and additions to real estate investments 212 535,394 Sales of investments in real estate and direct financing lease receivables (47) (51,120 ) Relinquishment of property at end of ground lease term (1) (542 ) Provisions for impairment of real estate (3) (2,466 ) Principal collections on direct financing lease receivables (79 ) Other (782 ) Gross investments, December 31, 2017 508 939,072 Acquisitions of and additions to real estate investments 204 506,949 Sales of investments in real estate (45) (58,084 ) Relinquishment of properties at end of ground lease term (2) (853 ) Provisions for impairment of real estate (4) (4,543 ) Investments in loans receivable (5) 12 (6) 14,854 Principal collections on direct financing lease receivables (74 ) Other (2,772 ) Gross investments, December 31, 2018 1,394,549 Less: Accumulated depreciation and amortization (7) (51,855 ) Net investments, December 31, 2018 677 $ 1,342,694 (1) Six of the Company’s real estate acquisitions during the period from March 30, 2016 (commencement of operations) to December 31, 2016 had lease components accounted for as operating leases and as direct financing lease receivables. (2) During the period from period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company identified and recorded provisions for impairment at four vacant and three tenanted properties. The amount in the table above excludes $0.1 million related to intangible lease liabilities for these assets. (3) During the year ended December 31, 2017, the Company identified and recorded provisions for impairment at 6 vacant and 3 tenanted properties. The amount in the table above excludes $0.1 million related to intangible lease liabilities for these assets. (4) During the year ended December 31, 2018, the Company identified and recorded provisions for impairment at 7 vacant and 14 tenanted properties. The amount in the table above excludes approximately $40,000 related to intangible lease liabilities for these assets. (5) Includes $3.5 million of loan receivable made to the purchaser of one real estate property. (6) Excludes improvements at one property securing a $3.2 million development construction loan as the land at this location is included in acquisitions of and additions to real estate investments for 2018. (7) Includes $38.2 million of accumulated depreciation. Real Estate Investments The Company’s investment properties are leased to tenants under long-term operating leases that typically include one or more renewal options. Substantially all of the leases are triple-net, which means that they provide that the lessees are responsible for the payment of all property operating expenses, including maintenance, insurance, utilities, property taxes and, if applicable, ground rent expense; therefore, the Company is generally not responsible for repairs or other capital expenditures related to the properties while the triple-net leases are in effect. Scheduled future minimum base rental payments due to be received under the remaining non-cancelable term of the operating leases in place as of December 31, 2018 are as follows: (in thousands) Future Minimum Base Rental Receipts 2019 105,827 2020 106,082 2021 106,743 2022 108,035 2023 105,924 Thereafter 1,150,158 Total $ 1,682,769 Since lease renewal periods are exercisable at the option of the lessee, the preceding table presents future minimum base rental payments to be received during the initial non-cancelable lease term only. In addition, the future minimum lease payments exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to performance thresholds and exclude increases in annual rent based on future changes in the Consumer Price Index, among other items. Loans and Direct Financing Lease Receivables During the year ended December 31, 2018, the Company entered into four loan receivable arrangements with an aggregate carrying amount of $14.9 million as of December 31, 2018. The Company had no loan receivable activity during the year ended December 31, 2017 or the period from March 30, 2016 (commencement of operations) to December 31, 2016. The Company’s loans receivable as of December 31, 2018 Loan Type Monthly Payment Number of Secured Properties Interest Rate Maturity Date Principal Outstanding Mortgage (1)(2) Interest only 2 10.00% 2021 $ 2,376 Mortgage (1) Interest only 9 7.55% 2019 5,748 Mortgage (1)(2) Interest only 1 5.25% 2019 3,500 Development construction (2)(3) Principal + Interest 1 8.00% 2058 3,230 Net investment $ 14,854 (1) Loan requires monthly payments of interest only with a balloon payment due at maturity. (2) Loan allows for prepayments in whole or in part without penalty. (3) Loan is secured by a mortgage on the building and improvements at the development property. The Company provides periodic funding to the borrower under this arrangement as construction progresses. Monthly payments are made based on a 40-year amortization schedule with any outstanding principal balance due at maturity or earlier upon the occurrence of certain other events. The mortgaged property is subject to a ground lease arrangement with the Company, as landlord, and borrower, as tenant. If the tenant does not exercise its right to renew the ground lease at the end of the ground lease’s initial 15-year term, the balance of the mortgage loan receivable will be forgiven, and the Company will retain title to the mortgaged property. Scheduled principal payments due to be received under the Company’s loans receivable as of December 31, 2018 are as follows: (in thousands) Loans Receivable 2019 $ 9,259 2020 13 2021 2,391 2022 16 2023 17 Thereafter 3,158 Total $ 14,854 As of December 31, 2018 and 2017, the Company had $2.7 million of net investments accounted for as direct financing lease receivables. The co

Revolving Credit Facility

Revolving Credit Facility	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Revolving Credit Facility	4. Revolving Credit Facility On June 25, 2018, the Company entered into a revolving credit agreement with a group of lenders for a four-year, senior unsecured revolving credit facility (the “Revolving Credit Facility”) with aggregate total revolving credit commitments of $300.0 million. Barclays Bank PLC, Citigroup Global Markets Inc. and Goldman Sachs Bank USA were the joint lead arrangers of the Revolving Credit Facility, with Barclays Bank PLC acting as administrative agent. The Revolving Credit Facility has a term of four years with an extension option of up to 12-months exercisable by the Company, subject to certain conditions, and bears interest at an annual rate of (i) applicable LIBOR, as defined therein, plus an applicable margin between 1.45% and 2.15%; or (ii) the prime rate plus an applicable margin of between 0.45% and 1.15% During the year ended December 31, 2018, the Company drew down $34.0 million on the Revolving Credit Facility and used these proceeds to make additional investments in real estate. No repayments were made on the Revolving Credit Facility during the year ended December 31, 2018. As of December 31, 2018, the Company had $34.0 million outstanding under the Revolving Credit Facility and had $266.0 million of unused borrowing capacity. Total deferred financing costs, net, of $3.0 million relating to the Revolving Credit Facility are included within prepaid expenses and other assets, net on the Company’s consolidated balance sheets as of December 31, 2018. The Company recorded $0.5 million to interest expense during the year ended December 31, 2018 related to the amortization of these fees and direct costs of the Revolving Credit Facility. During the year ended December 31, 2018, the Company recorded $0.4 million of interest expense, including unused facility fees, related to borrowings under the Revolving Credit Facility. The Revolving Credit Facility requires the Company to meet certain financial covenants. The Company was in compliance with all financial covenants and was not in default of any other provisions under the Revolving Credit Facility as of December 31, 2018.

Secured Borrowings

Secured Borrowings	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Secured Borrowings	5. Secured Borrowings In the normal course of business, the Company transfers financial assets in various transactions with Special Purpose Entities (“SPE”) determined to be VIEs, which primarily consist of securitization trusts established for a limited purpose (the “Master Trust Funding Program”). These SPEs are formed for the purpose of securitization transactions in which the Company transfers assets to an SPE, which then issues to investors various forms of debt obligations supported by those assets. In these securitization transactions, the Company typically receives cash from the SPE as proceeds for the transferred assets and retains the rights and obligations to service the transferred assets in accordance with servicing guidelines. All debt obligations issued from the VIEs are non-recourse to the Company. In accordance with the accounting guidance for asset transfers, the Company considers any ongoing involvement with transferred assets in determining whether the assets can be derecognized from the balance sheets. For transactions that do not meet the requirements for derecognition and remain on the consolidated balance sheets, the transferred assets may not be pledged or exchanged by the Company. The Company evaluates its interest in certain entities to determine if these entities meet the definition of a VIE and whether the Company is the primary beneficiary and, therefore, should consolidate the entity based on the variable interests it held both at inception and when there was a change in circumstances that required a reconsideration. The Company has determined that the SPEs created in connection with its Master Trust Funding Program should be consolidated as the Company is the primary beneficiary of each of these entities. In December 2016, the Company issued its first series of notes under the Master Trust Funding Program, consisting of $263.5 million of Class A Notes and $17.3 million of Class B Notes (together, the “Series 2016-1 Notes”). These notes were issued to an affiliate of Eldridge through underwriting agents. Upon issuance of these notes, the combined net proceeds of $273.3 million were deposited directly with the Parent and are presented as a non-cash distribution in the accompanying financial statements. The Series 2016-1 Notes were issued by two SPEs formed to hold assets and issue the secured borrowings associated with the securitization. In July 2017, the Company issued its second series of notes under the Master Trust Funding Program, consisting of $232.4 million of Class A Notes and $15.7 million of Class B Notes (together, the “Series 2017-1 Notes”). Of these notes, $75.1 million of the Class A Notes and all of the Class B Notes were issued to an affiliate of Eldridge through underwriting agents. The net proceeds received from the issuance of the Series 2017-1 Notes were used by the Company to repay short-term notes payable to related parties (see Note 6 – Notes Payable to Related Parties). The Series 2017-1 Notes were issued by three SPEs formed to hold assets and issue the secured borrowings associated with the securitization. As of December 31, 2018 and 2017, the Company had $515.1 million and $522.9 million, respectively, in combined principal outstanding under the notes issued through its Master Trust Funding Program and had deferred financing costs, net, of $9.0 million and $11.3 million, respectively. Tenant rentals received on assets transferred to SPEs under the Master Trust Funding Program are sent to the trustee and used to pay monthly principal and interest payments. The Series 2016-1 Notes mature in November 2046, but the terms of the Class A Notes require principal to be paid monthly through November 2021, with a balloon repayment at that time, and the terms of the Class B Notes require no monthly principal payments but require the full principal balance to be paid in November 2021. If the Company does not meet these repayment schedules, the base interest rates on the notes increase by the greater of (i) 5.00% and (ii) the amount by which the sum of the following exceeds the base interest rates on the notes: (a) the yield to maturity of 10-year U.S. treasury securities in November 2021, plus (b) 5.00%, plus (c) 2.73% for the Series A Notes or 3.70% for the Class B Notes. Additionally, in this event, the full amount of any tenant rental payments received on the assets transferred to the securitization would be used to repay principal. The Series 2016-1 Notes may be voluntarily prepaid, in whole or in part, at any time on or after the date that is 24 months prior to the anticipated repayment date in November 2021 without the payment of a make whole amount. Voluntary prepayments may be made before 24 months prior to the anticipated repayment date but will be subject to the payment of a make whole amount. Interest on the Series 2016-1 Notes accrues at a weighted average interest rate of 4.51%. The Series 2017-1 Notes mature in June 2047, but the terms of the Class A Notes require principal to be paid monthly through June 2024, with a balloon repayment at that time, and the terms of the Class B Notes require no monthly principal payments but require the full principal balance to be paid in June 2024. The Series 2017-1 Notes contain similar interest rate escalation provisions as detailed above for the Series 2016-1 Notes if these repayment schedules are not met. The Series 2017-1 Notes may be voluntarily prepaid, in whole or in part, at any time on or after the date that is 31 months prior to the anticipated repayment date in June 2024 without the payment of a make whole amount. Voluntary prepayments may be made before 31 months prior to the anticipated repayment date but will be subject to the payment of a make whole amount. Interest on the Series 2017-1 Notes accrues at a weighted average interest rate of 4.16%. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded $22.6 million, $17.4 million and $0.8 million, respectively, of interest expense related to the Master Trust Funding Program. The following table summarizes the scheduled principal payments on the Company’s secured borrowings as of December 31, 2018: (in thousands) Scheduled Principal Payments 2019 $ 8,009 2020 8,419 2021 267,558 2022 4,292 2023 4,512 Thereafter 222,330 Total $ 515,120 The Company was not in default of any provisions under the Master Trust Funding Program a s of December 31, 2018 and 2017 .

Notes Payable to Related Partie

Notes Payable to Related Parties	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Notes Payable to Related Parties	6. Notes Payable to Related Parties Until the completion of the IPO, the Company had a secured warehouse line of credit with an affiliate of Eldridge through which it issued shore-term notes (the “Warehouse Notes”) and used the proceeds to acquired investments in real estate. The Warehouse Notes accrued interest at a rate equal to LIBOR plus a spread of between 2.14% and 2.76% and matured within one year of the date of issuance. During the year ended December 31, 2017, the Company issued 33 short-term Warehouse Notes for a combined $523.0 million and separately issued one additional short-term note for $20.0 million payable to a different affiliate of Eldridge. The $20.0 million short-term note accrued interest at a rate of 8.0%. During the year ended December 31, 2017, the Company repaid 14 of the Warehouse Notes and the $20.0 million short-term note at or prior to maturity. During the year ended December 31, 2018, the Company issued 20 Warehouse Notes for a combined $154.0 million. On January 31, 2018, the Company made principal payments on the Warehouse Notes of $50.0 million, repaying three of the Warehouse Notes in full and one of the Warehouse notes in part, prior to maturity. On June 25, 2018, the Company used a portion of the net proceeds from the IPO and the Concurrent Private Placement to repay all 36 of the then outstanding Warehouse Notes, with an aggregate outstanding principal amount of $334.0 million, in full, prior to maturity, and had no amounts outstanding related to the Warehouse Notes as of December 31, 2018. The following table presents the activity related to the Company’s notes payable to related parties for the years ended December 31, 2018 and 2017: (in thousands) Warehouse Notes Other Short- term Note Total Outstanding, January 1, 2017 $ — $ — $ — Borrowings 523,000 20,000 543,000 Repayments (293,000 ) (20,000 ) (313,000 ) Outstanding, December 31, 2017 230,000 — 230,000 Borrowings 154,000 — 154,000 Repayments (384,000 ) — (384,000 ) Outstanding, December 31, 2018 $ — $ — $ — During the years ended December 31, 2018 and 2017, the Company incurred $4.6 million and $3.5 million of interest expense related to these notes payable to related parties. As of December 31, 2017

Equity

Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Equity	7. Equity Stockholders’ Equity On June 25, 2018, EPRT Inc. completed the IPO and issued 32,500,000 shares of its common stock at an initial public offering price of $14.00 per share. Concurrently with the completion of the IPO, EPRT Inc. completed the Concurrent Private Placement and issued 7,785,611 shares of its common stock and 1,142,960 OP Units at a price per share/unit of $14.00 to an affiliate of Eldridge. The issuance and sale of the shares and OP Units in the Concurrent Private Placement were made pursuant to private placement purchase agreements and there were no underwriting discounts or commissions associated with the sales. The OP Units issued to an affiliate of Eldridge are presented as a non-controlling interest in the Company’s consolidated financial statements. See Note 8 – Non-controlling Interests for additional information. As part of the IPO, the underwriters of the IPO were granted an option, exercisable within 30 days from June 20, 2018, to purchase up to an additional 4,875,000 shares of EPRT Inc.’s common stock at the IPO price of $14.00 per share, less underwriting discounts and commissions. On July 20, 2018, the underwriters of the IPO exercised this option in part, and on July 24, 2018, the Company issued an additional 2,772,191 shares of common stock. The net proceeds to EPRT Inc. from the IPO (including the purchase of additional shares pursuant to the underwriters’ option) and the Concurrent Private Placement, after deducting underwriting discounts and commissions and other expenses, were $583.7 million. On June 25, 2018, EPRT Inc. issued 691,290 shares of restricted Dividends on Common Stock During the period from June 25, 2018 to December 31, 2018, the Company’s board of directors declared the following quarterly cash dividends on common stock: Date Declared Record Date Date Paid Amount Paid Per Common Share September 5, 2018 September 28, 2018 October 12, 2018 $ 0.224 December 10, 2018 December 31, 2018 January 14, 2019 $ 0.21 The Company has determined the period from June 25, 2018 to December 31, 2018 Members’ Equity EPRT LLC was capitalized by the Parent through direct and indirect capital contributions. During the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Parent made direct capital contributions of $288.6 million and made indirect capital contributions of $163.1 million. In January 2017, the Parent made additional indirect capital contributions of $17.3 million. In these indirect capital contributions, the Parent made direct cash payments to sellers of real estate investments acquired by EPRT LLC. On January 31, 2017, in exchange for Class A units of EPRT LLC, Stonebriar Holdings made a direct equity contribution of $80.0 million and certain members of EPRT Management and certain members of the EPRT LLC’s board of managers made direct equity contributions of $3.7 million. Concurrently, EPRT LLC issued Class C units to the Parent in exchange for the Parent’s retention of an equity investment in EPRT LLC of $91.5 million. The Class A and Class C units were issued at $1,000 per unit and both classes contained liquidation preferences equal to the per unit value of $1,000 plus 8% per annum compounded quarterly. Additionally, on January 31, 2017, EPRT LLC approved and issued unvested Class B units to members of EPRT Management and a member of EPRT LLC’s board of managers and approved and issued unvested Class D units to members of EPRT LLC’s board of managers and external unitholders. See Note 9 – Equity Based Compensation for additional information. Pursuant to the EPRT LLC Operating Agreement, distributions to unitholders were to be made in the following order and priority: • First, to the holders of Class A and Class C units until each holder of these units has first received an amount equal to each class’ yield, as defined in the EPRT LLC Operating Agreement, and then until each holder of these units has received an amount equal to each class’ aggregate unreturned class contributions; • Next, to the holders of Class B and Class D units in an aggregate amount based on a return threshold defined in the EPRT LLC Operating Agreement for each class of units; • Then, to the holders of Class B and Class D units in an aggregate amount equal to each class’ unit percentage of distributions, as defined in the EPRT LLC Operating Agreement; and • Lastly, any remaining amounts to the holders of Class A and Class C units. Pursuant to the EPRT LLC Operating Agreement, EPRT LLC’s net income or loss was allocated to the holders of the Class A, B, C and D units in a similar manner as the distribution allocation outlined above. On December 31, 2017, EPRT LLC completed the EPRT LLC Reorganization and the Parent, Stonebriar Holdings, EPRT Management and the holders of Class B and Class D units contributed all of their interests in EPRT LLC to EPRT Holdings, in exchange for interests in EPRT Holdings with the same rights as the interests they held in EPRT LLC. As of such date, EPRT LLC became a wholly owned subsidiary of EPRT Holdings. Additionally, EPRT Holdings issued a new grant of 500 unvested Class B units to a member of EPRT Management on the same date. On January 31, 2018, Stonebriar Holdings LLC made a $50.0 million direct equity contribution to EPRT Holdings. EPRT Holdings used these proceeds to repay $50.0 million of outstanding principal on the Warehouse Notes. As part of the Formation Transactions, EPRT LLC converted from a Delaware LLC into a Delaware limited partnership, changed its name to Essential Properties, L.P. and became the Operating Partnership. In connection with EPRT LLC’s conversion into a Delaware limited partnership, EPRT Holdings interest in EPRT LLC was converted into 17,913,592 OP Units. The OP Units issued to EPRT Holdings are presented as a non-controlling interest in the Company’s consolidated financial statements. See Note 8 – Non-controlling Interests for additional information.

Non-controlling Interests

Non-controlling Interests	12 Months Ended
	Dec. 31, 2018
Noncontrolling Interest [Abstract]
Non-controlling Interests	8. Non-controlling Interests Essential Properties OP G.P., LLC, a wholly owned subsidiary of the Company, is the sole general partner of the Operating Partnership. The Company contributed the net proceeds from the IPO (including proceeds received pursuant to the partial exercise by the underwriters of their option to purchase additional shares) and the Concurrent Private Placement of common stock to Eldridge to the Operating Partnership and received 43,749,092 OP Units, which includes 691,290 OP Units related to the issuance of a like number of shares of common stock under the Equity Incentive Plan, a 68.7% interest in the Operating Partnership. EPRT Holdings and Eldridge, through the Formation Transactions and the Concurrent Private Placement of OP Units, respectively, directly or indirectly hold 17,913,592 and 1,142,960 OP Units, representing 28.5% and 1.8% interests in the Operating Partnership, respectively. The OP Units held by EPRT Holdings and Eldridge are presented as non-controlling interests in the Company’s consolidated financial statements. A holder of OP Units has the right to distributions and has the right to redeem OP Units for cash or, at the Company’s election, shares of the Company's common stock on a one-for-one basis, provided, however, that such OP Units must have been outstanding for at least one year. During the year ended December 31, 2018, the Company declared total cash dividends of $0.434 per share of common stock. Distributions to OP Unit holders were declared and paid concurrent with the Company’s cash dividends to common stockholders.

Equity Based Compensation

Equity Based Compensation	12 Months Ended
	Dec. 31, 2018
Disclosure Of Compensation Related Costs Equity Based Payments [Abstract]
Equity Based Compensation	9. Equity Based Compensation 2018 Incentive Plan Effective immediately prior to the closing of the IPO, the Company adopted the 2018 Incentive Award Plan (the “Equity Incentive Plan”), which provides for the grant of incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, other stock awards, performance awards and LTIP units. Officers, employees, non-employee directors, consultants, independent contractors and agents who provide services to the Company or to any subsidiary of the Company are eligible to receive such awards. A maximum of 3,550,000 shares may be issued under the Equity Incentive Plan, subject to certain conditions. On June 22, 2018, the Company registered 3,550,000 shares of common stock, reserved for issuance under the Equity Incentive Plan, pursuant to a registration statement on Form S-8 (File No. 333-225837), filed with the SEC under the Securities Act. On June 25, 2018, an aggregate of 691,290 shares of unvested restricted common stock were issued to the Company’s directors, executive officers and other employees under the Equity Incentive Plan. Of these awards,15,484 shares of restricted common stock vest on the first anniversary of the date of grant and 675,806 shares of restricted stock vest ratably on the first, second and third anniversaries of the date of grant, subject to the individual recipient’s continued provision of service to the Company through the applicable vesting dates. The following table presents information about Equity Incentive Plan activity during the year ended December 31, 2018: Restricted Common Stock Unvested shares outstanding, January 1, 2018 — Granted 691,290 Vested — Forfeited — Unvested shares outstanding, December 31, 2018 691,290 The Company estimated the grant date fair value of the restricted common stock awards granted under the Equity Incentive uring the year ended December 31, 2018 he Company recorded $1.7 million of compensation related to the as a component of general and administrative expense in its consolidated statements of operations and comprehensive income. As of December 31, 2018, there was $7.8 million of total unrecognized compensation cost related to restricted common stock awards In January 2019, the Compensation Committee of the Company’s board of directors approved target grants of 119,085 performance-based restricted share units (“RSUs”) to the Company’s executive officers under the Equity Incentive Plan. Of these awards, 75% are nonvested share awards for which vesting percentages and ultimate number of units vesting will be calculated based on the total shareholder return (“TSR”) of the Company's common stock as compared to the TSR of 11 peer companies. The payout schedule can produce vesting percentages ranging from 0% to 250%. TSR will be calculated based upon the average closing price for the 20 trading day period ending December 31, 2021, divided by the average closing price for the 20 trading day period ended January 1, 2019. The target number of units is based on achieving a TSR equal to the 50th percentile of the peer group. The remaining 25% of the target performance-based RSUs vest based on the Compensation Committee’s subjective evaluation of the recipient’s achievement of certain strategic objectives. Additionally, in January 2019, the Company issued an aggregate of 46,368 shares of unvested restricted common stock to the Company’s executive officers, other employees and an external consultant under the Equity Incentive Plan. These awards vest over periods ranging from one to four years from the date of grant, subject to the individual recipient’s continued provision of service to the Company through the applicable vesting dates. Unit Based Compensation On January 31, 2017, EPRT LLC approved the issuance of Class B and Class D units and issued 8,050 unvested Class B units to members of EPRT Management and a member of EPRT LLC’s board of managers and issued 3,000 unvested Class D units to members of EPRT LLC’s board of managers and external unitholders. The Class B and Class D units vest in five equal installments that began on March 30, 2017 and will continue on each anniversary thereof through March 30, 2021. The holders of vested Class B units can put the Class B units to the issuer beginning on March 30, 2024. On December 31, 2017, in the EPRT LLC Reorganization, the holders of Class B and Class D units contributed all of their interests in EPRT LLC to EPRT Holdings in exchange for interests in EPRT Holdings with the same rights as the interests they held in EPRT LLC. The EPRT LLC units were exchanged on a one-for-one basis for equivalent units in EPRT Holdings with the same vesting conditions, distribution rights, priority and income allocation rights, among others. Additionally, EPRT Holdings issued a new grant of 500 unvested Class B units to a member of EPRT Management on the same date. The Class B units granted on December 31, 2017 vest in five equal installments that began on May 1, 2018 and will continue on each anniversary thereof through May 1, 2022 and have similar put rights as the Class B units granted on January 31, 2017. Following the completion of the Formation Transactions, the Class B and Class D unitholders continue to hold vested and unvested interests in EPRT Holdings and, indirectly, the OP Units held by EPRT Holdings. The following table presents information about the unvested Class B and Class D units during the years ended December 31, 2018 and 2017: Class B Units Class D Units Total Unvested units outstanding, January 1, 2017 — — — Granted 8,550 3,000 11,550 Vested (1,610 ) (600 ) (2,210 ) Forfeited — — — Unvested units outstanding, December 31, 2017 6,940 2,400 9,340 Granted — — — Vested (1,710 ) (600 ) (2,310 ) Forfeited — — — Unvested units outstanding, December 31, 2018 5,230 1,800 7,030 The Company estimated the grant date fair value of the unvested Class B and Class D awards granted to employees on January 31, 2017 and the fair value of the Class D awards granted to non-employees as of July 1, 2018 and December 31, 2017 using a Black-Scholes valuation model. Effective July 1, 2018, the Company adopted ASU 2018-07 (see Note 2 – Summary of Significant Accounting Policies) and will not subsequently remeasure the value of the unvested Class D awards granted to non-employees after this date. The Company's assumptions for expected volatility were based on daily historical volatility data related to market trading of publicly traded companies that invest in similar types of real estate as the Company, plus an adjustment to account for differences in the Company’s leverage compared to the publicly traded companies. The risk-free interest rate assumptions were determined by using U.S. treasury rates of the same period as the expected vesting term of each award. The marketability discounts were calculated using a Finnerty Model. The Company determined that the grant date per unit fair value of the unvested Class B and Class D units granted on January 31, 2017 was $323.65 and $152.16, respectively. As of December 31, 2017, the Company determined that the per unit fair value of the Class B units granted on that date and the Class D units granted to non-employees on January 31, 2017 was $1,280.35 and $650.99, respectively. The weighted average fair value of Class B and Class D units granted during the year ended December 31, 2017 was $379.60 and $152.16 per share, respectively. The total fair value of Class B and Class D units that vested during the year ended December 31, 2018 was $0.6 million and $0.1 million, respectively. The total fair value of Class B and Class D units that vested during the year ended December 31, 2017 was $0.5 million and $0.1 million, respectively. During the years ended December 31, 2018 and 2017, the Company recorded $0.7 million and $0.8 million, respectively, of compensation as a component of general and administrative expense related to the Class B and Class D units As of December 31, 2018, there was $1.9 million and $0.2 million of total unrecognized compensation cost related to the Class B and Class D units, respectively. The unrecognized compensation expense for Class B and Class D units is expected to be recognized over a weighted average period of 2.3 years from December 31, 2018. As of December 31, 2018 and 2017, the Company had a liability of approximately $33,000 and $0.2 million, respectively, for unvested Class D units granted to non-employees, which is recorded within accrued liabilities and other payables in the Company’s consolidated balance sheets . The per unit fair value of unvested Class B and Class D units was estimated using the following assumptions as of the respective valuation dates: Valuation Date July 1, 2018 December 31, 2017 January 31, 2017 Volatility 20 % 35 % 40 % Risk free rate 2.33 % 1.44 % 1.30 % Marketability discount 25 % 10 % 30 %

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	10. Commitments and Contingencies During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company leased office space in Princeton, New Jersey. The Company was obligated under a non-cancelable operating lease for this space through its expiration in December 2018. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded $0.2 million, $0.2 million and $0.1 million, respectively, of rent expense related to this operating lease within general and administrative expense in the Company’s consolidated statements of operations and comprehensive income. In February 2018, the Company entered into a new lease agreement for 13,453 square feet of office space in West Windsor Township, New Jersey. This lease has a seven-year term and contains provisions for two five -year renewal periods at the Company’s option. The lease commenced on November 8, 2018 and has a rent commencement date of January 1, 2019. Initial annualized base rent due under the terms of the lease are $0.5 million, with annual escalations in base rent of $0.50 per square foot. In 2018, the Company recorded $0.1 million of rent expense related to this operating lease within general and administrative expense in the Company’s consolidated statements of operations and comprehensive income. As of December 31, 2018 and 2017, the Company was a lessee under long-term, non-cancelable ground leases accounted for as operating leases at 13 and 15 real estate properties, respectively, where the Company did not acquire the fee simple interest in the land. At certain of these ground leased properties, the Company’s lease as lessor of the building directly obligates the building lessee to pay rents due under the ground lease to the ground lessor; such ground lease rents are presented on a net basis in the Company’s consolidated statements of operations and comprehensive income. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded $0.5 million, $0.7 million and $0.3 million, respectively, of ground rent expense within property expenses in the Company’s consolidated statements of operations and comprehensive income. The Company’s ground leases do not contain contingent rental arrangements and, as of December 31, 2018, four of the ground leases escalate based on fixed schedules, with the remaining nine ground leases containing no rental escalation provisions. As of December 31, 2018, the Company’s ground leases have remaining non-cancelable lease terms of between two months and 5.4 years, and five of the ground leases are renewable at the Company’s option for periods of up to 20 years. As of December 31, 2018, the future minimum base cash rental payments due from the Company under the office and ground leases where the Company is responsible for payment and the future minimum base cash rental payments under the ground leases where the Company’s tenants are responsible for payment over the next five years and thereafter are as follows: (in thousands) Office and Ground Leases to be Paid by the Company Ground Leases to be Paid Directly by the Company’s Tenants Total Future Minimum Base Rental Payments 2019 $ 893 $ 492 $ 1,385 2020 759 328 1,087 2021 680 331 1,011 2022 669 327 996 2023 656 26 682 Thereafter 1,093 — 1,093 Total $ 4,750 $ 1,504 $ 6,254 As of December 31, 2018, the Company has remaining future commitments, under mortgage notes, reimbursement obligations or similar arrangements, to fund $19.5 million to its tenants for development, construction and renovation costs related to properties leased from us. One of the Company’s loans receivable contains a provision through which the borrower, at its sole option, can require the Company to purchase the nine properties securing the loan receivable for a purchase price of $8.2 million. The borrower had the ability to exercise this option at any point between January 1, 2019 and February 11, 2019. On February 6, 2019, the borrower exercised this option and the Company is obligated to purchase these properties on or before March 29, 2019. Legal Proceedings We are party to various lawsuits, claims and other legal proceedings. In our opinion the outcome of such matters is not currently expected to have a material adverse effect on our business, financial position, results of operations or liquidity. Environmental Matters In connection with the ownership of real estate, the Company may be liable for costs and damages related to environmental matters. As of December 31, 2018, the Company had not been notified by any governmental authority of any non-compliance, liability or other claim, and is not aware of any other environmental condition that it believes will have a material adverse effect on the Company’s business, financial position, results of operations or liquidity. Defined Contribution Retirement Plan The Company has a defined contribution retirement savings plan qualified under Section 401(a) of the Code (the “401(k) Plan”). The 401(k) Plan is available to all of the Company’s full-time employees. The Company provides a matching contribution in cash equal to 100% of the first 3% of eligible compensation contributed by participants and 50% of the next 2% of eligible compensation contributed by participants, which vests immediately. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company made matching contributions of $0.1 million, $0.1 million and approximately $10,000, respectively. Employment Agreements The Company has employment agreements with its executive officers. These employment agreements have an initial term of four years, with automatic one-year extensions unless notice of non-renewal is provided by either party. These agreements provide for initial annual base salaries and an annual performance bonus. If an executive officer’s employment terminates under certain circumstances, the Company would be liable for any annual performance bonus awarded for the year prior to termination, to the extent unpaid, continued payments equal to 12 months of base salary, monthly reimbursement for 12 months of COBRA premiums, and under certain situations, a pro rata bonus for the year of termination.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	11. Fair Value Measurements GAAP establishes a hierarchy of valuation techniques based on the observability of inputs used in measuring financial instruments at fair value. GAAP establishes market-based or observable inputs as the preferred source of values, followed by valuation models using management assumptions in the absence of market inputs. The determination of where an asset or liability falls in the hierarchy requires significant judgment and considers factors specific to the asset or liability. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company evaluates its hierarchy disclosures regularly and, depending on various factors, it is possible that an asset or liability may be classified differently from period to period. However, the Company expects that changes in classifications between levels will be rare. In addition to the disclosures for assets and liabilities required to be measured at fair value at the balance sheet date, companies are required to disclose the estimated fair values of all financial instruments, even if they are not presented at their fair value on the consolidated balance sheet. The fair values of financial instruments are estimates based upon market conditions and perceived risks at December 31, 2018 and December 31, 2017. These estimates require management’s judgment and may not be indicative of the future fair values of the assets and liabilities. Financial assets and liabilities for which the carrying values approximate their fair values include cash and cash equivalents, restricted cash, accounts receivable included within prepaid expenses and other assets, notes payable to related party, dividends payable and accrued liabilities and other payables. Generally, these assets and liabilities are short term in duration and their carrying value approximates fair value on the consolidated balance sheets. The estimated fair values of the Company’s fixed‑rate loans receivable have been derived based on primarily unobservable market inputs such as interest rates and discounted cash flow analyses using estimates of the amount and timing of future cash flows, market rates and credit spreads. These measurements are classified as Level 3 within the fair value hierarchy. The Company believes the carrying value of its fixed-rate loans receivable approximates fair value. The estimated fair values of the Company’s borrowings under the Revolving Credit Facility have been derived based on primarily unobservable market inputs such as interest rates and discounted cash flow analyses using estimates of the amount and timing of future cash flows, market rates and credit spreads. These measurements are classified as Level 3 within the fair value hierarchy. The Company believes the carrying value of its borrowings under the Revolving Credit Facility approximate fair value. The estimated fair values of the Company’s secured borrowings have been derived based on primarily unobservable market inputs such as interest rates and discounted cash flow analyses using estimates of the amount and timing of future cash flows, market rates and credit spreads. These measurements are classified as Level 3 within the fair value hierarchy. As of December 31, 2018, the Company’s secured borrowings had an aggregate carrying value of $515.1 million (excluding net deferred financing costs of $9.0 million) and an estimated fair value of $520.6 million. As of December 31, 2017, the Company’s secured borrowings had an aggregate carrying value of $522.9 million (excluding net deferred financing costs of $11.3 million) and an estimated fair value of $527.9 million. The Company measures its real estate investments at fair value on a nonrecurring basis. The fair values of these real estate investments were determined using the following input levels as of the dates presented: Net Carrying Fair Value Measurements Using Fair Value Hierarchy (in thousands) Value Fair Value Level 1 Level 2 Level 3 December 31, 2018 Non-financial assets: Long-lived assets $ 3,238 $ 3,238 $ — $ — $ 3,238 December 31, 2017 Non-financial assets: Long-lived assets $ 5,817 $ 5,817 $ — $ — $ 5,817 Long-lived assets: The Company reviews its investments in real estate when events or circumstances change indicating that the carrying amount of an asset may not be recoverable. In the evaluation of an investment in real estate for impairment, many factors are considered, including estimated current and expected operating cash flows from the asset during the projected holding period, costs necessary to extend the life or improve the asset, expected capitalization rates, projected stabilized net operating income, selling costs, and the ability to hold and dispose of the asset in the ordinary course of business. Quantitative information about Level 3 fair value measurements as of December 31, 2018 is as follows: (dollar amounts in thousands) Fair Value Valuation Techniques Significant Unobservable Inputs Non-financial assets: Long-lived assets: Quick service restaurant—Tampa, FL $ 376 Sales comparison approach Non-binding sales contract $ 376 Quick service restaurant—Newark, OH 40 Discounted cash flow approach De minimis 40 Casual Dining—Lakewood, NY 200 Sales comparison approach Comparable sales prices 200 Convenience store—Kilgore, TX 1,272 Sales comparison approach Non-binding sales contract 1,272 Automotive Service—Plano, TX 1,350 Sales comparison approach Non-binding sales contract 1,350

Related Party Disclosures

Related Party Disclosures	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related-Party Transactions	During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, an affiliate of Eldridge provided certain treasury and information technology services . During the years ended December 31, 2018 and 2017, the Company issued and repaid short-term notes to an affiliate of Eldridge. The Company had no short-term notes outstanding to an affiliate of Eldridge as of December 31, 2018. See Note 6 – Notes Payable to Related Parties for additional information.

Quarterly Results (Unaudited)

Quarterly Results (Unaudited)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results (Unaudited)	13. Quarterly Results (Unaudited) Presented below is a summary of unaudited quarterly financial information for the years ended December 31, 2018 and 2017. All adjustments (consisting of only normal recurring accruals) necessary for a fair of the interim periods presented are included. The calculation of basic and diluted per share amounts for each quarter is based on the weighted average shares outstanding for that period; consequently, the sum of the quarters may not necessarily be equal to the full year basic and diluted net income per share (amounts in thousands, except per share amounts). Three months ended (in thousands, except per share data) March 31 June 30 September 30 December 31 2018: Total revenues $ 20,167 $ 21,664 $ 25,742 $ 28,650 Net income 1,109 3,499 7,707 8,299 Net income per share of common stock — basic and diluted — 0.01 0.12 0.13 Dividends declared per common share — — 0.22 0.21 2017: Total revenues $ 10,091 $ 13,312 $ 13,580 $ 17,466 Net income 583 2,047 522 3,144

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	The Company has evaluated all events and transactions that occurred after December 31, 2018 through the filing of this Annual Report on Form 10-K and determined that there have been no events that have occurred that would require adjustment to disclosures in the consolidated financial statements except as disclosed elsewhere in these notes to the consolidated financial statements.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2018
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate and Accumulated Depreciation	Schedule III - Real Estate and Accumulated Depreciation As of December 31, 2018 (Dollar amounts in thousands) Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Quick Service Restaurants Alexander City AL {f} $ 184 $ 242 $ — $ — $ 184 $ 242 $ 426 $ 24 1987 6/16/2016 Quick Service Restaurants Zanesville OH {f} 397 277 — — 397 277 674 24 1988 6/16/2016 Quick Service Restaurants Belleville IL {f} 314 369 — — 314 369 683 34 1988 6/16/2016 Quick Service Restaurants Grand Rapids MI {f} 177 346 — — 177 346 523 32 1989 6/16/2016 Quick Service Restaurants Petaluma CA {f} 467 533 — — 467 533 1,000 50 1992 6/16/2016 Quick Service Restaurants Clarkesville GA 178 — — — 178 — 178 — 6/16/2016 Quick Service Restaurants Philadelphia PA 485 626 — — 485 626 1,111 60 1980 6/16/2016 Other Services Nashville TN 332 106 — — 332 106 438 19 1992 6/16/2016 Quick Service Restaurants Plano TX {f} 484 338 — — 484 338 822 37 1992 6/16/2016 Quick Service Restaurants Tampa FL {f} 575 — (249 ) (g) — 326 — 326 — 1992 6/16/2016 Quick Service Restaurants Ruskin FL {f} 641 — — — 641 — 641 — 1993 6/16/2016 Quick Service Restaurants Brownsville TX {f} 561 474 — — 561 474 1,035 47 1995 6/16/2016 Quick Service Restaurants Waco TX {f} 633 382 — — 633 382 1,015 35 1991 6/16/2016 Family Dining Restaurants Palatine IL {f} 926 354 — — 926 354 1,280 45 1990 6/16/2016 Family Dining Restaurants La Grange IL {f} 446 851 — — 446 851 1,297 69 1990 6/16/2016 Family Dining Restaurants Jacksonville FL {f} 1,086 957 — — 1,086 957 2,043 116 1997 6/16/2016 Casual Dining Restaurants Corpus Christi TX {f} 1,160 — — — 1,160 — 1,160 — 2015 6/16/2016 Casual Dining Restaurants Centennial CO {f} 1,593 3,400 — — 1,593 3,400 4,993 238 1993 6/16/2016 Quick Service Restaurants Redford MI 468 567 — — 468 567 1,035 52 1998 6/16/2016 Other Services Landrum SC {f} 214 87 — — 214 87 301 13 1992 6/16/2016 Casual Dining Restaurants Virginia Beach VA 90 192 — — 90 192 282 27 1997 6/16/2016 Casual Dining Restaurants Thomasville GA 903 233 — — 903 233 1,136 36 1999 6/16/2016 Casual Dining Restaurants Grapevine TX {f} 1,385 977 — — 1,385 977 2,362 93 1999 6/16/2016 Casual Dining Restaurants Plano TX 207 424 — — 207 424 631 61 1998 6/16/2016 Quick Service Restaurants Newark OH 19 51 (5 ) (g) (16 ) (g) 14 35 49 6 1979 6/16/2016 Family Dining Restaurants Coon Rapids MN {f} 635 856 — — 635 856 1,491 80 1991 6/16/2016 Family Dining Restaurants Mankato MN {f} 700 585 — — 700 585 1,285 69 1992 6/16/2016 Casual Dining Restaurants Omaha NE {f} 465 1,184 — — 465 1,184 1,649 90 1979 6/16/2016 Family Dining Restaurants Merrillville IN {f} 797 322 — — 797 322 1,119 30 1977 6/16/2016 Family Dining Restaurants Blaine MN {f} 609 780 — — 609 780 1,389 73 1978 6/16/2016 Family Dining Restaurants Green Bay WI {f} 549 373 — — 549 373 922 49 1977 6/16/2016 Family Dining Restaurants Appleton WI {f} 441 590 — — 441 590 1,031 62 1977 6/16/2016 Family Dining Restaurants Waterloo IA {f} 466 391 — — 466 391 857 47 1978 6/16/2016 Family Dining Restaurants St. Joseph MO {f} 559 371 — — 559 371 930 45 1978 6/16/2016 Family Dining Restaurants Gladstone MO {f} 479 783 — — 479 783 1,262 70 1979 6/16/2016 Quick Service Restaurants Liberty MO {f} 319 — 631 1,081 950 1,081 2,031 67 2018 6/16/2016 Family Dining Restaurants Brainerd MN {f} 761 547 — — 761 547 1,308 57 1990 6/16/2016 Family Dining Restaurants Bismarck ND {f} 748 491 — — 748 491 1,239 52 1993 6/16/2016 Family Dining Restaurants Cedar Rapids IA {f} 804 563 — — 804 563 1,367 57 1994 6/16/2016 Family Dining Restaurants Urbana IL {f} 729 87 — — 729 87 816 18 1993 6/16/2016 Family Dining Restaurants Brooklyn Park MN {f} 725 693 — — 725 693 1,418 73 1997 6/16/2016 Quick Service Restaurants Pontiac MI {f} 316 423 — — 316 423 739 43 2003 6/16/2016 Quick Service Restaurants Troy MI 674 — — — 674 — 674 — 6/16/2016 Quick Service Restaurants The Woodlands TX {f} 801 181 — — 801 181 982 21 2001 6/16/2016 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Quick Service Restaurants Brattleboro VT {f} 77 360 (56 ) (g) (261 ) (g) 21 99 120 97 1979 6/16/2016 Quick Service Restaurants Westminster MD {f} 23 77 (17 ) (g) (62 ) (g) 6 15 21 12 1999 6/16/2016 Quick Service Restaurants Ellsworth ME 37 51 — — 37 51 88 9 1979 6/16/2016 Quick Service Restaurants Clay NY {f} 129 413 — — 129 413 542 47 1991 6/16/2016 Quick Service Restaurants Buna TX {f} 152 138 — — 152 138 290 15 1976 6/16/2016 Quick Service Restaurants Carthage TX {f} 111 239 — — 111 239 350 23 1975 6/16/2016 Quick Service Restaurants Dayton TX {f} 195 174 — — 195 174 369 17 1969 6/16/2016 Quick Service Restaurants Diboll TX {f} 92 177 — — 92 177 269 17 1990 6/16/2016 Quick Service Restaurants Huntington TX {f} 120 180 — — 120 180 300 22 1980 6/16/2016 Quick Service Restaurants Huntsville TX {f} 120 290 — — 120 290 410 24 1985 6/16/2016 Quick Service Restaurants Jasper TX {f} 111 209 — — 111 209 320 19 1992 6/16/2016 Quick Service Restaurants Kountze TX {f} 120 290 — — 120 290 410 24 1995 6/16/2016 Quick Service Restaurants Rusk TX {f} 129 142 — — 129 142 271 17 1989 6/16/2016 Quick Service Restaurants Sour Lake TX {f} 204 114 — — 204 114 318 15 1978 6/16/2016 Quick Service Restaurants Vernon CT 155 208 — — 155 208 363 39 1983 6/16/2016 Quick Service Restaurants Battle Creek MI {f} 114 690 — — 114 690 804 54 1969 6/16/2016 Quick Service Restaurants Mount Clemens MI {f} 446 394 — — 446 394 840 53 1989 6/16/2016 Quick Service Restaurants Clio MI {f} 350 889 — — 350 889 1,239 75 1991 6/16/2016 Quick Service Restaurants Charlotte MI {f} 190 722 — — 190 722 912 56 1991 6/16/2016 Quick Service Restaurants Saint Johns MI {f} 218 403 — — 218 403 621 43 1991 6/16/2016 Automotive Services Burnsville MN 734 309 180 — 914 309 1,223 36 1973 6/16/2016 Family Dining Restaurants Albert Lea MN {f} 337 463 — — 337 463 800 52 1975 6/16/2016 Family Dining Restaurants Crystal MN {f} 821 178 — — 821 178 999 31 1975 6/16/2016 Casual Dining Restaurants West Monroe LA {f} 343 94 — — 343 94 437 14 1988 6/16/2016 Quick Service Restaurants Greenfield WI {f} 556 789 — — 556 789 1,345 70 1983 6/16/2016 Casual Dining Restaurants Desoto TX {f} 728 156 — — 728 156 884 21 1985 6/16/2016 Quick Service Restaurants West Berlin NJ 250 399 — — 250 399 649 41 1992 6/16/2016 Convenience Stores Rowlett TX {f} 808 447 — — 808 447 1,255 82 1998 6/16/2016 Quick Service Restaurants Redford MI 479 — — — 479 — 479 — 6/16/2016 Quick Service Restaurants Bridgeport MI 309 619 — — 309 619 928 63 1989 6/16/2016 Quick Service Restaurants College Station TX {f} 383 569 — — 383 569 952 45 1984 6/16/2016 Quick Service Restaurants Birmingham AL {f} 261 780 — — 261 780 1,041 62 2000 6/16/2016 Quick Service Restaurants Oneonta AL {f} 220 485 — — 220 485 705 40 1993 6/16/2016 Quick Service Restaurants Union City GA {f} 416 746 — — 416 746 1,162 61 1976 6/16/2016 Quick Service Restaurants Marietta GA {f} 214 618 — — 214 618 832 48 1979 6/16/2016 Quick Service Restaurants Vicksburg MS {f} 203 627 — — 203 627 830 49 1979 6/16/2016 Quick Service Restaurants Riverdale GA {f} 309 584 — — 309 584 893 48 1978 6/16/2016 Quick Service Restaurants Snellville GA {f} 242 484 — — 242 484 726 42 1981 6/16/2016 Quick Service Restaurants Trussville AL {f} 243 480 — — 243 480 723 40 1996 6/16/2016 Quick Service Restaurants Forest Park GA {f} 233 341 — — 233 341 574 28 1988 6/16/2016 Quick Service Restaurants Decatur GA {f} 239 714 — — 239 714 953 56 1982 6/16/2016 Quick Service Restaurants Monroe GA {f} 302 733 — — 302 733 1,035 59 1985 6/16/2016 Quick Service Restaurants Decatur GA {f} 292 463 — — 292 463 755 35 1983 6/16/2016 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Quick Service Restaurants Columbia SC {f} 241 461 — — 241 461 702 42 1981 6/16/2016 Quick Service Restaurants Decatur GA {f} 302 721 — — 302 721 1,023 58 1986 6/16/2016 Quick Service Restaurants Conyers GA {f} 330 767 — — 330 767 1,097 62 1982 6/16/2016 Quick Service Restaurants Stockbridge GA {f} 396 771 — — 396 771 1,167 59 1975 6/16/2016 Quick Service Restaurants Lawrenceville GA {f} 306 550 — — 306 550 856 49 1988 6/16/2016 Quick Service Restaurants Lithonia GA {f} 290 606 — — 290 606 896 48 1979 6/16/2016 Quick Service Restaurants Tucker GA {f} 339 586 — — 339 586 925 48 1976 6/16/2016 Quick Service Restaurants Covington GA {f} 379 722 — — 379 722 1,101 60 1979 6/16/2016 Quick Service Restaurants Columbus GA {f} 174 442 — — 174 442 616 36 1987 6/16/2016 Quick Service Restaurants Owensboro KY {f} 263 155 — — 263 155 418 16 1986 6/16/2016 Quick Service Restaurants Tupelo MS {f} 731 329 — — 731 329 1,060 33 2000 6/16/2016 Quick Service Restaurants New Albany MS {f} 295 346 — — 295 346 641 30 1993 6/16/2016 Quick Service Restaurants Parkersburg WV {f} 185 570 — — 185 570 755 47 1976 6/16/2016 Quick Service Restaurants Ashland KY {f} 279 858 — — 279 858 1,137 71 1979 6/16/2016 Quick Service Restaurants Huntington WV {f} 223 539 — — 223 539 762 45 1979 6/16/2016 Quick Service Restaurants North Little Rock AR {f} 190 450 — — 190 450 640 41 1978 6/16/2016 Quick Service Restaurants Jackson MS {f} 400 348 — — 400 348 748 31 1981 6/16/2016 Quick Service Restaurants Madison TN {f} 281 458 — — 281 458 739 37 1988 6/16/2016 Quick Service Restaurants Little Rock AR {f} 169 48 — — 169 48 217 11 1979 6/16/2016 Quick Service Restaurants Hurricane WV {f} 238 485 — — 238 485 723 40 1981 6/16/2016 Quick Service Restaurants Parkersburg WV {f} 261 513 — — 261 513 774 45 1982 6/16/2016 Quick Service Restaurants Chattanooga TN {f} 407 465 — — 407 465 872 40 1983 6/16/2016 Quick Service Restaurants Knoxville TN {f} 352 347 — — 352 347 699 30 1981 6/16/2016 Quick Service Restaurants Jacksonville NC {f} 284 152 — — 284 152 436 17 1986 6/16/2016 Quick Service Restaurants Knoxville TN {f} 394 271 — — 394 271 665 25 1982 6/16/2016 Quick Service Restaurants Forestdale AL {f} 241 613 — — 241 613 854 50 1975 6/16/2016 Quick Service Restaurants Louisville KY {f} 319 238 — — 319 238 557 25 1988 6/16/2016 Quick Service Restaurants Festus MO {f} 195 802 — — 195 802 997 63 1979 6/16/2016 Quick Service Restaurants Jacksonville FL {f} 330 542 — — 330 542 872 47 1976 6/16/2016 Quick Service Restaurants Jacksonville FL {f} 220 701 — — 220 701 921 60 1979 6/16/2016 Quick Service Restaurants Winter Garden FL {f} 326 383 — — 326 383 709 35 1987 6/16/2016 Quick Service Restaurants Sanford FL {f} 350 375 — — 350 375 725 38 1986 6/16/2016 Quick Service Restaurants Lebanon TN {f} 311 736 — — 311 736 1,047 70 1974 6/16/2016 Quick Service Restaurants Prattville AL {f} 551 524 — — 551 524 1,075 46 1978 6/16/2016 Quick Service Restaurants Calhoun GA {f} 346 673 — — 346 673 1,019 57 1979 6/16/2016 Quick Service Restaurants Springfield MO {f} 211 81 — — 211 81 292 10 1990 6/16/2016 Quick Service Restaurants Mableton GA {f} 152 366 — — 152 366 518 32 1977 6/16/2016 Quick Service Restaurants Brunswick GA {f} 532 137 — — 532 137 669 16 1995 6/16/2016 Quick Service Restaurants Summerville SC {f} 215 720 — — 215 720 935 61 1978 6/16/2016 Quick Service Restaurants Thomaston GA {f} 193 364 — — 193 364 557 34 1987 6/16/2016 Quick Service Restaurants Smyrna GA {f} 392 311 — — 392 311 703 29 1981 6/16/2016 Quick Service Restaurants Smyrna TN {f} 221 556 — — 221 556 777 46 1982 6/16/2016 Quick Service Restaurants Tullahoma TN {f} 226 701 — — 226 701 927 61 1975 6/16/2016 Quick Service Restaurants Shelbyville TN {f} 323 456 — — 323 456 779 40 1976 6/16/2016 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Quick Service Restaurants Dallas GA {f} 260 832 — — 260 832 1,092 73 1985 6/16/2016 Quick Service Restaurants North Charleston SC {f} 121 459 — — 121 459 580 38 1990 6/16/2016 Quick Service Restaurants LaGrange GA {f} 207 562 — — 207 562 769 48 1985 6/16/2016 Quick Service Restaurants Cullman AL {f} 260 723 — — 260 723 983 63 1999 6/16/2016 Quick Service Restaurants Batesville MS {f} 125 551 — — 125 551 676 46 1992 6/16/2016 Quick Service Restaurants Phenix City AL {f} 273 665 — — 273 665 938 61 1979 6/16/2016 Quick Service Restaurants Montgomery AL {f} 333 349 — — 333 349 682 33 1986 6/16/2016 Quick Service Restaurants Starke FL {f} 240 468 — — 240 468 708 43 1980 6/16/2016 Quick Service Restaurants Madisonville KY {f} 302 426 — — 302 426 728 38 1976 6/16/2016 Quick Service Restaurants Marietta OH {f} 175 506 — — 175 506 681 41 1979 6/16/2016 Quick Service Restaurants Hueytown AL {f} 133 711 — — 133 711 844 59 1979 6/16/2016 Quick Service Restaurants Gallipolis OH {f} 247 722 — — 247 722 969 63 1979 6/16/2016 Quick Service Restaurants Valdosta GA {f} 236 545 — — 236 545 781 45 1980 6/16/2016 Quick Service Restaurants Douglas GA {f} 243 557 — — 243 557 800 46 1979 6/16/2016 Quick Service Restaurants Fayetteville GA {f} 300 506 — — 300 506 806 43 1984 6/16/2016 Quick Service Restaurants Troy AL {f} 183 520 — — 183 520 703 44 1985 6/16/2016 Quick Service Restaurants Wetumpka AL {f} 273 416 — — 273 416 689 37 1986 6/16/2016 Quick Service Restaurants St. Albans WV {f} 154 491 — — 154 491 645 40 1975 6/16/2016 Quick Service Restaurants Huntington WV {f} 233 540 — — 233 540 773 45 1992 6/16/2016 Casual Dining Restaurants Lakewood NY 134 150 (33 ) (g) (37 ) (g) 101 113 214 14 1999 6/16/2016 Quick Service Restaurants Newburgh NY {f} 913 738 — — 913 738 1,651 86 1975 6/16/2016 Quick Service Restaurants Erie PA {f} 444 562 — — 444 562 1,006 63 1977 6/16/2016 Quick Service Restaurants Dickson TN {f} 292 79 — 29 292 108 400 11 1977 6/16/2016 Quick Service Restaurants South Daytona FL {f} 416 668 — — 416 668 1,084 61 1984 6/16/2016 Quick Service Restaurants Milford NH {f} 409 355 — — 409 355 764 38 1993 6/16/2016 Quick Service Restaurants Portland OR {f} 252 131 — — 252 131 383 16 2015 6/16/2016 Quick Service Restaurants Superior CO {f} 370 434 — — 370 434 804 40 2002 6/16/2016 Casual Dining Restaurants Fond du Lac WI {f} 521 1,197 — — 521 1,197 1,718 76 1996 6/16/2016 Automotive Services Panama City FL {f} 229 46 — — 229 46 275 9 1977 6/16/2016 Casual Dining Restaurants Alexandria LA {f} 837 889 — — 837 889 1,726 105 1994 6/16/2016 Medical / Dental Hurst TX {f} 1,462 1,493 — 300 1,462 1,793 3,255 150 1997 6/16/2016 Quick Service Restaurants Jacksonville FL {f} 872 354 — — 872 354 1,226 32 2006 6/16/2016 Casual Dining Restaurants Fleming Island FL {f} 586 355 — — 586 355 941 30 2006 6/16/2016 Casual Dining Restaurants Port Saint Lucie FL {f} 930 1,510 — — 930 1,510 2,440 135 1988 6/16/2016 Casual Dining Restaurants Fort Pierce FL {f} 810 1,653 — — 810 1,653 2,463 137 1994 6/16/2016 Casual Dining Restaurants Waycross GA {f} 861 1,700 — — 861 1,700 2,561 140 1994 6/16/2016 Casual Dining Restaurants Kingsland GA {f} 602 1,256 — — 602 1,256 1,858 110 1995 6/16/2016 Casual Dining Restaurants Jacksonville FL {f} 821 1,215 — — 821 1,215 2,036 118 1995 6/16/2016 Casual Dining Restaurants North Fort Myers FL {f} 1,060 1,817 — — 1,060 1,817 2,877 145 1994 6/16/2016 Casual Dining Restaurants Port Charlotte FL {f} 1,021 850 (95 ) (g) (79 ) (g) 926 771 1,697 77 1995 6/16/2016 Casual Dining Restaurants Cape Coral FL {f} 741 1,692 — — 741 1,692 2,433 139 1996 6/16/2016 Casual Dining Restaurants Panama City Beach FL {f} 750 959 — — 750 959 1,709 87 1999 6/16/2016 Casual Dining Restaurants Dothan AL {f} 577 1,144 — — 577 1,144 1,721 97 1993 6/16/2016 Casual Dining Restaurants Albany GA {f} 731 1,249 — — 731 1,249 1,980 102 1991 6/16/2016 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Casual Dining Restaurants Panama City FL {f} 539 1,389 — — 539 1,389 1,928 106 1991 6/16/2016 Casual Dining Restaurants Valdosta GA {f} 626 957 — — 626 957 1,583 87 1994 6/16/2016 Casual Dining Restaurants Gainesville FL {f} 193 1,930 — — 193 1,930 2,123 133 1994 6/16/2016 Casual Dining Restaurants Panama City FL {f} 673 1,044 50 — 723 1,044 1,767 115 1999 6/16/2016 Casual Dining Restaurants Thomasville GA {f} 943 580 — — 943 580 1,523 68 2002 6/16/2016 Family Dining Restaurants Leesburg FL {f} 808 720 — — 808 720 1,528 93 2007 6/16/2016 N/A San Antonio TX 105 — — — 105 — 105 — 6/16/2016 Quick Service Restaurants Augusta GA {f} 272 26 — (26 ) 272 — 272 15 6/16/2016 Quick Service Restaurants Warner Robins GA {f} 130 174 — — 130 174 304 20 1975 6/16/2016 Quick Service Restaurants Beloit WI {f} 144 1,134 — — 144 1,134 1,278 82 1999 6/16/2016 Family Dining Restaurants Salem NH 131 232 — — 131 232 363 33 1998 9/16/2016 Quick Service Restaurants Mansfield OH 91 112 (42 ) (g) (52 ) (g) 49 60 109 12 1988 9/16/2016 Other Services Anniston AL {f} 312 176 — — 312 176 488 23 1992 9/16/2016 Quick Service Restaurants Saint Louis MO {f} 756 317 — — 756 317 1,073 36 1972 9/16/2016 Convenience Stores Binghamton NY {f} 273 1,008 — — 273 1,008 1,281 93 1970 8/22/2016 Convenience Stores Windsor NY {f} 272 1,101 — — 272 1,101 1,373 102 1980 8/22/2016 Convenience Stores Greene NY {f} 557 1,974 — — 557 1,974 2,531 183 1989 8/22/2016 Convenience Stores Afton NY {f} 348 1,303 — — 348 1,303 1,651 121 1994 8/22/2016 Convenience Stores Lansing NY {f} 861 3,034 — — 861 3,034 3,895 281 2010 8/22/2016 Convenience Stores Freeville NY {f} 524 1,457 — — 524 1,457 1,981 135 1994 8/22/2016 Convenience Stores Marathon NY {f} 520 2,127 — — 520 2,127 2,647 197 1995 8/22/2016 Convenience Stores New Hartford NY {f} 301 863 — — 301 863 1,164 80 1995 8/22/2016 Convenience Stores Chadwicks NY {f} 213 784 — — 213 784 997 73 1987 8/22/2016 Convenience Stores Liberty NY {f} 219 811 — — 219 811 1,030 75 2004 8/22/2016 Convenience Stores Earlville NY {f} 258 985 — — 258 985 1,243 91 1997 8/22/2016 Convenience Stores Vestal NY {f} 324 1,285 — — 324 1,285 1,609 119 1996 8/22/2016 Convenience Stores Delhi NY {f} 275 1,066 — — 275 1,066 1,341 99 1992 8/22/2016 Convenience Stores Franklin NY {f} 423 774 — — 423 774 1,197 72 1998 8/22/2016 Convenience Stores Endicott NY {f} 188 576 — — 188 576 764 53 1995 8/22/2016 Convenience Stores Davenport NY {f} 324 1,194 — — 324 1,194 1,518 111 1993 8/22/2016 Automotive Services Spring TX {f} 805 1,577 — — 805 1,577 2,382 128 2013 8/4/2016 Home Furnishings Frisco TX {f} 2,224 4,779 — — 2,224 4,779 7,003 306 2006 8/19/2016 Home Furnishings Fort Worth TX {f} 1,348 7,847 — — 1,348 7,847 9,195 502 2007 8/19/2016 Early Childhood Education Cumming GA {f} 876 2,357 — — 876 2,357 3,233 167 2001 9/30/2016 Early Childhood Education Suwanee GA {f} 922 2,108 — — 922 2,108 3,030 149 2009 9/30/2016 Medical / Dental Fort Worth TX 1,617 — 197 4,421 1,814 4,421 6,235 124 2017 10/12/2016 Car Washes Acworth GA {f} 1,346 2,615 — — 1,346 2,615 3,961 176 2006 10/17/2016 Car Washes Douglasville GA {f} 1,974 2,882 — — 1,974 2,882 4,856 194 2006 10/17/2016 Car Washes Hiram GA {f} 1,376 2,947 — — 1,376 2,947 4,323 199 2004 10/17/2016 Car Washes Marietta GA {f} 1,302 2,136 — — 1,302 2,136 3,438 144 2002 10/17/2016 Medical / Dental Port Charlotte FL {f} 1,820 2,072 — — 1,820 2,072 3,892 155 2000 10/20/2016 Automotive Services Lackawanna NY {f} 231 232 — — 231 232 463 17 1987 10/28/2016 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Automotive Services Cheektowaga NY {f} 367 509 — — 367 509 876 37 1978 10/28/2016 Automotive Services Amherst NY {f} 410 606 — — 410 606 1,016 44 1998 10/28/2016 Automotive Services Niagara Falls NY {f} 615 1,025 — — 615 1,025 1,640 75 1985 10/28/2016 Automotive Services Williamsville NY {f} 419 1,302 — — 419 1,302 1,721 95 1988 10/28/2016 Automotive Services Dunkirk NY {f} 255 187 — — 255 187 442 14 1980 10/28/2016 Car Washes Tucson AZ {f} 1,048 2,190 — — 1,048 2,190 3,238 142 2010 11/9/2016 Quick Service Restaurants Burlington IA {f} 444 1,171 — — 444 1,171 1,615 89 1976 11/15/2016 Quick Service Restaurants Cedar Rapids IA {f} 436 1,179 — — 436 1,179 1,615 89 1991 11/15/2016 Quick Service Restaurants Muscatine IA {f} 264 854 — — 264 854 1,118 65 1993 11/15/2016 Quick Service Restaurants Fort Madison IA {f} 304 1,284 — — 304 1,284 1,588 97 1987 11/15/2016 Quick Service Restaurants Waterloo IA {f} 344 846 — — 344 846 1,190 64 1982 11/15/2016 Quick Service Restaurants Mason City IA {f} 309 908 — — 309 908 1,217 69 1989 11/15/2016 Quick Service Restaurants Cedar Falls IA {f} 375 771 — — 375 771 1,146 58 2004 11/15/2016 Quick Service Restaurants Nebraska City NE {f} 363 748 — — 363 748 1,111 57 2014 11/15/2016 Quick Service Restaurants Plattsmouth NE {f} 304 1,302 — — 304 1,302 1,606 99 1999 11/15/2016 Quick Service Restaurants Red Oak IA {f} 254 1,010 — — 254 1,010 1,264 77 2000 11/15/2016 Movie Theatres Florence AL {f} 1,519 6,294 61 — 1,580 6,294 7,874 418 2015 12/19/2016 Casual Dining Restaurants Jasper AL {f} 468 2,144 — — 468 2,144 2,612 127 2005 12/29/2016 Casual Dining Restaurants Birmingham AL {f} 808 1,233 — — 808 1,233 2,041 83 1976 12/29/2016 Casual Dining Restaurants Gardendale AL {f} 589 1,984 — — 589 1,984 2,573 125 2005 12/29/2016 Medical / Dental Stevenson AL {f} 191 466 — — 191 466 657 34 1990 12/30/2016 Medical / Dental Tucson AZ {f} 323 780 — — 323 780 1,103 43 1967 12/30/2016 Medical / Dental Miami FL {f} 485 982 — — 485 982 1,467 52 1981 12/30/2016 Medical / Dental Sarasota FL {f} 323 557 — — 323 557 880 35 1973 12/30/2016 Medical / Dental Sarasota FL {f} 485 446 — — 485 446 931 32 2001 12/30/2016 Medical / Dental Dalton GA {f} 323 406 — — 323 406 729 36 1960 12/30/2016 Medical / Dental Alton IL {f} 252 568 — — 252 568 820 43 2001 12/30/2016 Medical / Dental Quincy IL {f} 272 608 — — 272 608 880 45 2001 12/30/2016 Medical / Dental Clarksville IN {f} 657 1,033 — — 657 1,033 1,690 72 1994 12/30/2016 Medical / Dental Terre Haute IN {f} 292 325 — — 292 325 617 27 1998 12/30/2016 Medical / Dental Brewster MA {f} 60 578 — — 60 578 638 30 1986 12/30/2016 Medical / Dental Kansas City MO {f} 333 568 — — 333 568 901 42 1979 12/30/2016 Medical / Dental Laurel MS {f} 100 1,033 — — 100 1,033 1,133 57 1970 12/30/2016 Medical / Dental Picayune MS {f} 70 517 — — 70 517 587 30 1977 12/30/2016 Medical / Dental Rochester NH {f} 181 426 — — 181 426 607 28 1958 12/30/2016 Medical / Dental Canandaigua NY {f} 70 527 — — 70 527 597 29 2009 12/30/2016 Medical / Dental Anderson SC {f} 211 487 — — 211 487 698 28 1948 12/30/2016 Medical / Dental Camden SC {f} 211 537 — — 211 537 748 36 1985 12/30/2016 Medical / Dental Columbia SC {f} 211 426 — — 211 426 637 28 1986 12/30/2016 Medical / Dental Austin TX {f} 242 375 — — 242 375 617 28 1970 12/30/2016 Medical / Dental Richmond TX {f} 495 446 — — 495 446 941 38 1982 12/30/2016 Medical / Dental San Antonio TX {f} 282 588 — — 282 588 870 35 2002 12/30/2016 Health and Fitness West Valley City UT {f} 1,936 4,210 — — 1,936 4,210 6,146 241 1984 12/30/2016 Quick Service Restaurants Baden PA 191 245 — — 191 245 436 38 1962 12/28/2016 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Medical / Dental Rock Springs WY {f} 620 2,550 — — 620 2,550 3,170 146 2001 1/17/2017 Car Washes Conyers GA {f} 1,136 4,332 — — 1,136 4,332 5,468 269 2013 1/24/2017 Car Washes Covington GA {f} 824 3,759 — — 824 3,759 4,583 242 2011 1/24/2017 Movie Theatres Myrtle Beach SC {f} 1,465 7,081 — — 1,465 7,081 8,546 359 2006 1/31/2017 Medical / Dental Bridgeton MO {f} 199 578 — — 199 578 777 32 1982 2/9/2017 Medical / Dental Mokena IL {f} 237 303 — — 237 303 540 29 2008 2/9/2017 Medical / Dental Lexington KY {f} 199 474 — — 199 474 673 30 2014 2/9/2017 Medical / Dental Islip Terrace NY {f} 313 436 — — 313 436 749 26 1986 2/9/2017 Early Childhood Education Alpharetta GA {f} 1,595 4,177 — — 1,595 4,177 5,772 248 2016 2/28/2017 Home Furnishings Westland MI {f} 1,858 14,560 — — 1,858 14,560 16,418 729 1987 3/1/2017 Home Furnishings Ann Arbor MI {f} 2,096 13,399 — — 2,096 13,399 15,495 655 1992 3/1/2017 Home Furnishings Muskegon MI {f} 1,113 6,436 — — 1,113 6,436 7,549 323 1987 3/1/2017 Home Furnishings Battle Creek MI {f} 1,212 7,904 — — 1,212 7,904 9,116 407 1996 3/1/2017 Home Furnishings Holland MI {f} 1,361 5,739 — — 1,361 5,739 7,100 291 1992 3/1/2017 Quick Service Restaurants Cedartown GA {f} 258 812 — — 258 812 1,070 46 1987 3/9/2017 Quick Service Restaurants Forsyth GA {f} 464 808 — — 464 808 1,272 46 1989 3/9/2017 Convenience Stores Alpena AR {f} 252 703 — — 252 703 955 51 1985 3/10/2017 Convenience Stores Topeka KS {f} 603 1,584 — — 603 1,584 2,187 115 2008 3/10/2017 Automotive Services Plano TX {f} 997 1,478 (348 ) (g) (689 ) (g) 649 789 1,438 88 1998 3/8/2017 Automotive Services Frisco TX {f} 1,279 1,314 — — 1,279 1,314 2,593 85 2003 3/8/2017 Automotive Services Grapevine TX {f} 1,244 1,396 — — 1,244 1,396 2,640 90 2001 3/8/2017 Automotive Services Prosper TX {f} 1,161 2,534 — — 1,161 2,534 3,695 145 2010 3/8/2017 Automotive Services McKinney TX {f} 856 2,124 — — 856 2,124 2,980 126 2013 3/8/2017 Automotive Services Southlake TX {f} 657 997 — — 657 997 1,654 60 2002 3/8/2017 Automotive Services Austin TX {f} 774 1,678 — — 774 1,678 2,452 94 1998 3/8/2017 Car Washes Bossier City LA {f} 463 2,637 — — 463 2,637 3,100 135 2010 3/22/2017 Car Washes Shreveport LA {f} 836 2,812 — — 836 2,812 3,648 152 2012 3/22/2017 Home Furnishings Opelika AL {f} 1,365 3,864 — — 1,365 3,864 5,229 192 2007 3/31/2017 Automotive Services New Freedom PA {f} 904 872 — — 904 872 1,776 57 1997 3/28/2017 Automotive Services Huntingtown MD {f} 984 1,857 — — 984 1,857 2,841 106 1998 3/28/2017 Automotive Services Gambrills MD {f} 2,461 6,139 — — 2,461 6,139 8,600 297 2009 3/28/2017 Convenience Stores Tyler TX {f} 404 1,433 — — 404 1,433 1,837 100 1980 3/30/2017 Convenience Stores Atlanta TX {f} 392 1,204 (13 ) (g) (155 ) (g) 379 1,049 1,428 80 1995 3/30/2017 Early Childhood Education Kernersville NC {f} 605 1,408 — — 605 1,408 2,013 76 1997 4/3/2017 Early Childhood Education San Antonio TX {f} 928 3,312 — — 928 3,312 4,240 159 2016 4/25/2017 Medical / Dental Payson AZ {f} 548 1,944 — — 548 1,944 2,492 91 1988 4/28/2017 Medical / Dental Katy TX 233 1,228 — — 233 1,228 1,461 54 2012 5/18/2017 Medical / Dental Baytown TX 286 1,790 — — 286 1,790 2,076 78 2008 5/18/2017 Medical / Dental Brownsville TX 1,626 — 982 7,743 2,608 7,743 10,351 64 2018 5/5/2017 Car Washes Las Cruces NM {f} 510 2,290 — — 510 2,290 2,800 113 2008 5/24/2017 Car Washes Las Cruces NM {f} 570 2,187 — — 570 2,187 2,757 108 2010 5/24/2017 Quick Service Restaurants Inverness FL 382 493 — — 382 493 875 34 2003 5/30/2017 Quick Service Restaurants Crystal River FL 362 523 — — 362 523 885 32 2006 5/30/2017 Car Washes Farmington NM {f} 634 4,945 — — 634 4,945 5,579 244 2005 6/6/2017 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date Acquired Car Washes Farmington NM {f} 746 2,795 — — 746 2,795 3,541 138 2013 6/6/2017 Car Washes Pueblo CO {f} 898 5,103 — — 898 5,103 6,001 251 2008 6/6/2017 Quick Service Restaurants Nashville GA 181 513 — — 181 513 694 30 1991 6/6/2017 Quick Service Restaurants Soperton GA 312 443 — — 312 443 755 31 1992 6/6/2017 Building Materials Columbia Station OH {f} 1,078 1,437 — — 1,078 1,437 2,515 81 1961 6/1/2017 Building Materials Maumee OH {f} 733 1,238 — — 733 1,238 1,971 69 1963 6/1/2017 Building Materials Troy OH {f} 403 693 — — 403 693 1,096 39 1991 6/1/2017 Building Materials Jackson OH {f} 288 211 — — 288 211 499 12 1995 6/1/2017 Building Materials Lancaster OH {f} 376 833 — — 376 833 1,209 47 1995 6/1/2017 Building Materials Portsmouth OH {f} 133 160 — — 133 160 293 9 1996 6/1/2017 Building Materials Bridgeport WV {f} 386 273 — — 386 273 659 15 1978 6/1/2017 Building Materials Radcliff KY {f} 414 200 — — 414 200 614 11 1984 6/1/2017 Building Materials Gainesville FL {f} 934 638 — — 934 638 1,572 36 2003 6/1/2017 Building Materials Cartersville GA {f} 1,313 1,743 — — 1,313 1,743 3,056 98 2003 6/1/2017 Building Materials Douglasville GA {f} 1,026 2,421 — — 1,026 2,421 3,447 136 2004 6/1/2017 Building Materials El Paso TX {f} 901 177 — — 901 177 1,078 10 1984 6/1/2017 Building Materials Garland TX {f} 1,250 2,283 — — 1,250 2,283 3,533 128 2001 6/1/2017 Building Materials Conroe TX {f} 2,150 631 — — 2,150 631 2,781 35 2002 6/1/2017 Building Materials Amarillo TX {f} 927 655 — — 927 655 1,582 37 2002 6/1/2017 Building Materials Grand Junction CO {f} 760 403 — — 760 403 1,163 23 1983 6/1/2017 Building Materials Mt Pleasant SC {f} 1,097 171 — — 1,097 171 1,268 10 1983 6/1/2017 Building Materials Irondale AL {f} 546 227 — — 546 227 773 13 1975 6/1/2017 Building Materials Bessemer AL {f} 1,514 3,413 — — 1,514 3,413 4,927 191 2002 6/1/2017 Movie Theatres Kenosha WI {f} 3,159 3,755 116 — 3,275 3,755 7,030 217 1997 6/8/2017 Entertainment Visalia CA {f} 1,320 2,320 — — 1,320 2,320 3,640 121 1984 6/30/2017 Automotive Services Knoxville TN {f} 518 695 — — 518 695 1,213 42 2008 7/21/2017 Automotive Services Forest Park GA {f} 498 850 — — 498 850 1,348 47 1992 7/21/2017 Automotive Services Martinez GA {f} 612 570 — — 612 570 1,182 40 1992 7/21/2017 Automotive Services Clarksville TN {f} 498 633 — — 498 633 1,131 37 1998 7/21/2017 Automotive Services Ocala FL {f} 518 715 — — 518 715 1,233 44 1989 7/21/2017 Automotive Services Orlando FL {f} 456 664 — — 456 664 1,120 36 1989 7/21/2017 Medical / Dental Montgomery AL 477 2,976 — — 477 2,976 3,453 118 2001 8/7/2017 Quick Service Restaurants Algona IA 150 528 — — 150 528 678 26 1993 8/10/2017 Car Washes Buford GA {f} 1,353 3,693 — — 1,353 3,693 5,046 170 2010 8/15/2017 Early Childhood Education Orlando FL 1,175 4,362 — — 1,175 4,362 5,537 166 2010 8/25/2017 Automotive Services Garden City MI 366 961 — — 366 961 1,327 42 1984 8/29/2017 Automotive Services Troy MI 794 1,389 — — 794 1,389 2,183 61 1974 8/29/2017 Automotive Services Burton MI 188 1,180 — — 188 1,180 1,368 48 1955 8/29/2017 Automotive Services Capitol Heights MD 491 1,734 — — 491 1,734 2,225 62 1960 8/29/2017 Automotive Services Magnolia TX 1,402 2,480 — — 1,402 2,480 3,882 119 2017 9/29/2017 Medical / Dental Round Rock TX 713 6,821 — — 713 6,821 7,534 243 2016 9/12/2017 Early Childhood Education Winter Garden FL 1,169 4,603 — — 1,169 4,603 5,772 175 2015 9/29/2017 Health and Fitness Arvada CO 1,342 2,808 — 400 1,342 3,208 4,550 125 1982 9/5/2017 Car Washes Little Rock AR 685 3,361 — — 685 3,361 4,046 123 1976 9/12/2017 Description(a) Initial Cost to Company Cost Capitalized Subsequent to Acquisition Gross Amount at December 31, 2018(b)(c) Accumulated Tenant Industry City State Encumbrances Land & Improvements Building & Improvements Land & Improvements Building & Improvements Land & Improvements Building & Improvements Total Depreciation (d)(e) Year Constructed Date

Schedule IV - Mortgage Loans on

Schedule IV - Mortgage Loans on Real Estate	12 Months Ended
	Dec. 31, 2018
Mortgage Loans On Real Estate [Abstract]
Schedule IV - Mortgage Loans on Real Estate	ESSENTIAL PROPERTIES REALTY TRUST, INC. AND ESSENTIAL PROPERTIES REALTY TRUST, INC. PREDECESSOR Schedule IV - Mortgage Loans on Real Estate As of December 31, 2018 (Dollar amounts in thousands) Description Interest rate Final Maturity Date Periodic Payment Terms Final Payment Terms Prior Liens Face Amount of Mortgages Carrying Amount of Mortgages Principal Amount of Loans Subject to Delinquent Principal or Interest First mortgage loans: Two convenience store properties located in Wisconsin 10.00% 7/1/2021 Interest only Balloon of $2.4 million None $ 2,376 $ 2,376 $ — Nine medical / dental properties located in Illinois, Indiana, Nebraska, Missouri, Arkansas, Oklahoma 7.55% 5/15/2019 Interest only Balloon of $5.7 million None 5,748 5,748 — One home furnishings property located in North Carolina 5.25% 12/31/2019 Interest only Balloon of $3.5 million None 3,500 3,500 — Development construction loan: One early childhood education property located in Connecticut 8.00% 1/1/2058 Principal + Interest (1) Fully amortizing None 3,230 3,230 — $ 14,854 $ 14,854 $ — (1) Required principal payments commence upon completion of construction. The following shows changes in carrying amounts of mortgage loans receivable during the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016 (in thousands): Year ended December 31, 2018 2017 Period from March 30, 2016 (Commencement of Operations) to December 31, 2016 Balance, beginning of period $ — $ — $ — Additions New mortgage loans 14,854 — — Deductions Collections of principal — — — Balance, end of period $ 14,854 $ — $ —

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Accounting	Basis of Accounting The accompanying consolidated financial statements of the Company are prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and with the rules and regulations of the SEC. In the opinion of management, all adjustments of a normal recurring nature necessary for a fair presentation have been included.
Reclassification	Reclassification Certain amounts previously reported in the consolidated financial statements have been reclassified in the accompanying consolidated financial statements to conform to the current period’s presentation of gain on dispositions of real estate, net on the consolidated statement of operations and comprehensive income for the year ended December 31, 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016. The Company has presented gain on dispositions of real estate, net as a component of income from operations in order to present gains and losses on dispositions of properties in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (ASC) 360-10-45-5. This change in presentation was made for the prior periods as the SEC has eliminated Rule 3-15(a) of Regulation S-X, which previously had required the Company to present gains and losses on sale of properties outside of continuing operations in the income statement. Additionally, certain amounts previously reported in the consolidated financial statements have been reclassified in the accompanying consolidated financial statements to conform to the current period’s presentation of interest income and income taxes (benefit).
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and subsidiaries in which the Company has a controlling financial interest. All intercompany accounts and transactions have been eliminated in consolidation. As of December 31, 2018, the Company held a 69.7% ownership interest in the Operating Partnership and the consolidated financial statements include the financial statements of the Operating Partnership. As of December 31, 2017, all subsidiaries of the Predecessor were wholly owned.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Real Estate Investments	Real Estate Investments Investments in real estate are carried at cost less accumulated depreciation and impairment losses, if any. The cost of investments in real estate reflects their purchase price or development cost. The Company evaluates each acquisition transaction to determine whether the acquired asset meets the definition of a business. Under Accounting Standards Update (“ASU”) 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business The Company allocates the purchase price of acquired properties accounted for as asset acquisitions to tangible and identifiable intangible assets or liabilities based on their relative fair values. Tangible assets may include land, site improvements and buildings. Intangible assets may include the value of in-place leases and above- and below-market leases and other identifiable intangible assets or liabilities based on lease or property specific characteristics. The Company incurs various costs in the leasing and development of its properties. Amounts paid to tenants that incentivize them to extend or otherwise amend an existing lease or to sign a new lease agreement are capitalized to lease incentive on the Company’s consolidated balance sheets. Tenant improvements are capitalized to building and improvements within the Company’s consolidated balance sheets. Costs incurred which are directly related to properties under development, which include pre-construction costs essential to the development of the property, development costs, construction costs, interest costs and real estate taxes and insurance, are capitalized during the period of development as construction in progress. After the determination is made to capitalize a cost, it is allocated to the specific component of a project that benefited. Determination of when a development project commences and capitalization begins, and when a development project has reached substantial completion and is available for occupancy and capitalization must cease, involves a degree of judgment. The fair value of the tangible assets of an acquired property with an in-place operating lease is determined by valuing the property as if it were vacant, and the “as-if-vacant” value is then allocated to the tangible assets based on the fair value of the tangible assets. The fair value of in-place leases is determined by considering estimates of carrying costs during the expected lease-up periods, current market conditions, as well as costs to execute similar leases based on the specific characteristics of each tenant’s lease. The Company estimates the cost to execute leases with terms similar to the remaining lease terms of the in-place leases, including leasing commissions, legal and other related expenses. Factors the Company considers in this analysis include an estimate of the carrying costs during the 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, which primarily range from six to 12 months. The fair value of above- or below-market leases is recorded based on the net present value (using a discount rate that reflects the risks associated with the leases acquired) of the difference between the contractual amount to be paid pursuant to the in-place lease and the Company’s estimate of the fair market lease rate for the corresponding in-place lease, measured over the remaining non-cancelable term of the lease including any below-market fixed rate renewal options for below-market leases. In making estimates of fair values for purposes of allocating purchase price, the Company utilizes a number of sources, including real estate valuations prepared by independent valuation firms. The Company also considers information and other factors including market conditions, the industry that the tenant operates in, characteristics of the real estate, e.g., location, size, demographics, value and comparative rental rates, tenant credit profile and the importance of the location of the real estate to the operations of the tenant’s business. Additionally, the Company considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities in estimating the fair value of the tangible and intangible assets acquired. The Company uses the information obtained as a result of its pre-acquisition due diligence as part of its consideration of the accounting standard governing asset retirement obligations and, when necessary, will record an asset retirement obligation as part of the purchase price allocation. Real estate investments that are intended to be sold are designated as “held for sale” on the consolidated balance sheets at the lesser of carrying amount or fair value less estimated selling costs when they meet specific criteria to be presented as held for sale. Real estate investments are no longer depreciated when they are classified as held for sale. If the disposal, or intended disposal, of certain real estate investments represents a strategic shift that has had or will have a major effect on the Company’s operations and financial results, the operations of such real estate investments would be presented as discontinued operations in the consolidated statements of operations and comprehensive income for all applicable periods.
Depreciation and Amortization	Depreciation and Amortization Depreciation is computed using the straight-line method over the estimated useful lives of up to 40 years for buildings and 15 years for site improvements. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded $24.8 million, $14.0 million and $3.0 million, respectively, of depreciation on its real estate investments. Lease incentives are amortized on a straight-line basis as a reduction of rental income over the remaining non-cancellable terms of the respective leases. If a tenant terminates its lease, the unamortized portion of the lease incentive is charged to rental revenue. Construction in progress is not depreciated until the development has reached substantial completion. Tenant improvements are depreciated over the non-cancellable term of the related lease or their estimated useful life, whichever is shorter. Capitalized above-market lease values are amortized on a straight-line basis as a reduction of rental revenue over the remaining non-cancellable terms of the respective leases. Capitalized below-market lease values are accreted on a straight-line basis as an increase to rental revenue over the remaining non-cancellable terms of the respective leases including any below-market fixed rate renewal option periods. Capitalized above-market ground lease values are accreted as a reduction of property expenses over the remaining terms of the respective leases. Capitalized below-market ground lease values are amortized as an increase to property expenses over the remaining terms of the respective leases and any expected below-market renewal option periods where renewal is considered probable. The value of in-place leases, exclusive of the value of above-market and below-market lease intangibles, is amortized to depreciation and amortization expense on a straight-line basis over the remaining periods of the respective leases. If a tenant terminates its lease, the unamortized portion of each intangible, including in-place lease values, is charged to depreciation and amortization expense, while above- and below-market lease adjustments are recorded within rental revenue in the consolidated statements of operations and comprehensive income.
Loans Receivable	Loans Receivable The Company holds its loans receivable for long-term investment. Loans receivable are carried at amortized cost, including related unamortized discounts or premiums, if any. The Company recognizes interest income on loans receivable using the effective-interest method applied on a loan-by-loan basis. Direct costs associated with originating loans are offset against any related fees received and the balance, along with any premium or discount, is deferred and amortized as an adjustment to interest income over the term of the related loan receivable using the effective-interest method. The Company periodically evaluates the collectability of its loans receivable, including accrued interest, by analyzing the underlying property‑level economics and trends, collateral value and quality and other relevant factors in determining the adequacy of its allowance for loan losses. A loan is determined to be impaired when, in management’s judgment based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Specific allowances for loan losses are provided for impaired loans on an individual loan basis in the amount by which the carrying value exceeds the estimated fair value of the underlying collateral less disposition costs. As of December 31, 2018, the Company had no allowance for loan losses recorded in its consolidated financial statements. The Company had no loans receivable, and therefore had no allowance for loan losses, as of December 31, 2017.
Direct Financing Lease Receivables	Direct Financing Lease Receivables Certain of the Company’s real estate investment transactions are accounted for as direct financing leases. The Company records the direct financing lease receivables at their net investment, determined as the aggregate minimum lease payments and the estimated non-guaranteed residual value of the leased property less unearned income. The unearned income is recognized over the life of the related lease contracts so as to produce a constant rate of return on the net investment in the asset. The Company’s investment in direct financing lease receivables is reduced over the applicable lease term to its non-guaranteed residual value by the portion of rent allocated to the direct financing lease receivables. If and when an investment in direct financing lease receivables is identified for impairment evaluation, the Company will apply the guidance in both ASC 310, Receivables Leases
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets If circumstances indicate that the carrying value of a property may not be recoverable, the Company reviews the asset for impairment. This review is based on an estimate of the future undiscounted cash flows, excluding interest charges, expected to result from the property’s use and eventual disposition. These estimates consider factors such as expected future operating income, market and other applicable trends and residual value, as well as the effects of leasing demand, competition and other factors. If impairment exists due to the inability to recover the carrying value of a property, an impairment loss is recorded to the extent that the carrying value exceeds the estimated fair value of the property for properties to be held and used. For properties held for sale, the impairment loss is the adjustment to fair value less estimated cost to dispose of the asset. Impairment assessments have a direct impact on the consolidated statements of operations and comprehensive income because recording an impairment loss results in an immediate negative adjustment to the consolidated statements of operations and comprehensive income. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded a provision for impairment of real estate of $4.5 million, $2.4 million and $1.3 million, respectively.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents includes cash in the Company’s bank accounts. The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents. The Company deposits cash with high quality financial institutions. These deposits are guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to an insurance limit. As of December 31, 2018 and December 31, 2017, the Company had deposits of $4.2 million and $7.3 million, respectively, of which $4.0 million and $7.0 million, respectively, were in excess of the amount insured by the FDIC. Although the Company bears risk to amounts in excess of those insured by the FDIC, it does not anticipate any losses as a result.
Restricted Cash	Restricted Cash Restricted cash consists of cash held with the trustee for the Company’s Master Trust Funding Program (as defined in Note 5—Secured Borrowings). This restricted cash is used to make principal and interest payments on the Company’s secured borrowings, to pay trust expenses and to acquire future real estate investments which will be pledged as collateral under the Master Trust Funding Program. See Note 5—Secured Borrowings for further discussion.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts The Company continually reviews receivables related to rent and unbilled rent receivables and determines collectability by taking into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. If the collectability of a receivable is in doubt, the accounts receivable and straight-line rent receivable balances are reduced by an allowance for doubtful accounts on the consolidated balance sheets or a direct write-off of the receivable is recorded in the consolidated statements of operations. The provision for doubtful accounts is included in property expenses in the Company’s consolidated statements of operations and comprehensive income. If the accounts receivable balance or straight-line rent receivable balance is subsequently deemed to be uncollectible, such receivable amounts are written-off to the allowance for doubtful accounts. As of December 31, 2018, the Company recorded an allowance for doubtful accounts of $0.2 million related to base rent receivable and recorded no allowance for doubtful accounts related to straight-line rent receivable. As of December 31, 2017, the Company recorded allowances for doubtful accounts related to base rent receivable and straight-line rent receivable of $0.1 million and $0.1 million, respectively.
Deferred Financing Costs	Deferred Financing Costs Financing costs related to establishing the Company’s Revolving Credit Facility (as defined below) were deferred and are being amortized as an increase to interest expense in the consolidated statements of operations and comprehensive income over the term of the facility and are reported as a component of prepaid expenses and other assets, net on the consolidated balance sheets. Financing costs related to the issuance of the Company’s secured borrowings under the Master Trust Funding Program (as defined below) were deferred and are being amortized as an increase to interest expense in the consolidated statements of operations and comprehensive income over the term of the related debt instrument and are reported as a reduction of the related debt balance on the consolidated balance sheets.
Fair Value Measurement	Fair Value Measurement The Company estimates fair value of financial and non-financial assets and liabilities based on the framework established in fair value accounting guidance. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The hierarchy described below prioritizes inputs to the valuation techniques used in measuring the fair value of assets and liabilities. This hierarchy maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring the most observable inputs to be used when available. The hierarchy is broken down into three levels based on the reliability of inputs as follows: Level 1—Quoted prices in active markets for identical assets and liabilities that the Company has the ability to access at the measurement date. Level 2—Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability. Level 3—Unobservable inputs that reflect the Company’s own assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques.
Revenue Recognition	Revenue Recognition The Company’s rental revenue is primarily rent received from tenants. Rent from tenants is recorded in accordance with the terms of each lease on a straight-line basis over the non-cancellable initial term of the lease from the later of the date of the commencement of the lease or the date of acquisition of the property subject to the lease. Rental The Company defers rental revenue related to lease payments received from tenants in advance of their due dates. These amounts are presented within accrued liabilities and other payables on the Company’s consolidated balance sheets. Certain properties in the Company’s investment portfolio are subject to leases that provide for contingent rent based on a percentage of the tenant’s gross sales. For these leases, the Company recognizes contingent rental revenue when the threshold upon which the contingent lease payment is based is actually reached. During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company recorded contingent rent of $1.1 million, $1.1 million and $0.4 million, respectively.
Organizational Costs	Organizational Costs Costs related to the initial organization of the Company and its subsidiaries are expensed as they are incurred and are recorded within general and administrative expense in the Company’s consolidated statements of operations and comprehensive income.
Offering Costs	Offering Costs In connection with the IPO, the Company incurred legal, accounting and other offering-related costs. Such costs have been deducted from the gross proceeds of the IPO. As of December 31, 2018 and December 31, 2017, the Company had capitalized $35.1 million and $1.3 million, respectively, of such costs in the Company’s consolidated balance sheets. These costs are presented as a reduction of additional paid-in capital as of December 31, 2018 (after the completion of the IPO) and are presented within prepaid expenses and other assets as of December 31, 2017 (prior to the completion of the IPO).
Gains and Losses on Dispositions of Real Estate	Gains and Losses on Dispositions of Real Estate Through December 31, 2017, gains and losses on dispositions of real estate investments were recorded in accordance with ASC 360-20, Property, Plant and Equipment—Real Estate Sales On January 1, 2018, the Company adopted FASB ASU 2017-05, Other Income — Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets
Income Taxes	Income Taxes EPRT Inc. intends to elect to be taxed as a REIT under sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its taxable year ended December 31, 2018. REITs are subject to a number of organizational and operational requirements, including a requirement that 90% of ordinary “REIT taxable income” (as determined without regard to the dividends paid deduction or net capital gains) be distributed. As a REIT, the Company will generally not be subject to U.S. federal income tax to the extent that it meets the organizational and operational requirements and its distributions equal or exceed REIT taxable income. For the period subsequent to the effective date of our intended REIT election, the Company intends to meet the organizational and operational requirements and expects distributions to exceed net taxable income. Accordingly, no provision has been made for U.S. federal income taxes. Even if the Company qualifies for taxation as a REIT, it may be subject to state and local income and franchise taxes, and to federal income and excise tax on its undistributed income. Franchise taxes and federal excise taxes on the Company’s undistributed income, if any, are included in general and administrative expenses on the accompanying consolidated statements of operations and comprehensive income. Additionally, taxable income from non-REIT activities managed through the Company's taxable REIT subsidiary is subject to federal, state, and local taxes. From the Predecessor’s commencement of operations on March 30, 2016 through January 31, 2017, the Predecessor and its subsidiaries included in the consolidated financial statements were treated as disregarded entities for U.S. federal and state income tax purposes, and, accordingly, the Predecessor was not subject to entity-level tax. Therefore, until the Predecessor’s issuance of Class A and Class C units on January 31, 2017, the Predecessor’s net income flowed through to the Parent for federal income tax purposes. Following the issuance of Class A and Class C units, the Predecessor’s net income flowed through to Class A and Class C unitholders for federal income tax purposes. Accordingly, no provision for U.S. federal income taxes has been included in the accompanying consolidated financial statements during the year ended December 31, 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016. With regard to state income taxes, the Predecessor was a taxable entity only in certain states that tax all entities, including partnerships. The Company analyzes its tax filing positions in all of the U.S. federal, state and local tax jurisdictions where it is required to file income tax returns, as well as for all open tax years in such jurisdictions. The Company follows a two-step process to evaluate uncertain tax positions. Step one, recognition, occurs when an entity concludes that a tax position, based solely on its technical merits, is more-likely-than-not to be sustained upon examination. Step two, measurement, determines the amount of benefit that is more-likely-than-not to be realized upon settlement. Derecognition of a tax position that was previously recognized would occur when the Company subsequently determines that a tax position no longer meets the more-likely-than-not threshold of being sustained. The use of a valuation allowance as a substitute for derecognition of tax positions is prohibited. As of December 31, 2018 and December 31, 2017, the Company did not record any accruals for uncertain tax positions. The Company’s policy is to classify interest expense and penalties in general and administrative expense in the consolidated statements of operations and comprehensive income. During the years ended December 31, 2018 and 2017, the Company did not record any interest or penalties, and there are no interest or penalties accrued at December 31, 2018 and 2017. The 2018, 2017 and 2016 taxable years remain open to examination by federal and state taxing jurisdictions to which the Company is subject.
Equity Based Compensation	Equity-Based Compensation In 2018, EPRT Inc. granted shares of restricted common stock to its directors, executive officers and other employees that vest over a multi-year period, subject to the recipient’s continued service. In 2017, the Predecessor granted unit-based compensation awards to certain of its employees and managers, as well as non-employees, consisting of units that vest over a multi-year period, subject to the recipient’s continued service. The Company accounts for the restricted common stock and unit-based compensation in accordance with ASC 718, Compensation – Stock Compensation, which requires that such compensation be recognized in the financial statements based on their estimated grant-date fair value. The value of such awards is recognized as compensation expense in general and administrative expenses in the accompanying consolidated statements of operations over the requisite service periods. The Company recognizes compensation expense for equity-based compensation using the straight-line method based on the terms of the individual grant.
Variable Interest Entities	Variable Interest Entities The FASB provides guidance for determining whether an entity is a variable interest entity (a “VIE”). VIEs are defined as entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. A VIE is required to be consolidated by its primary beneficiary, which is the party that (i) has the power to control the activities that most significantly impact the VIE’s economic performance and (ii) has the obligation to absorb losses, or the right to receive benefits, of the VIE that could potentially be significant to the VIE. Following the completion of the Formation Transactions, the Company concluded that the Operating Partnership is a VIE of which the Company is the primary beneficiary, as the Company has the power to direct the activities that most significantly impact the economic performance of the Operating Partnership . Substantially all of the Company’s assets and liabilities are held by the Operating Partnership. The assets and liabilities of the Operating Partnership are consolidated and reported as assets and liabilities on the Company’s consolidated balance sheet as of December 31, 2018. The Company has concluded that an entity which it has provided a $5.7 million mortgage loan receivable is a VIE because the terms of the loan agreement limit the entity’s ability to absorb expected losses or the entity’s right to receive expected residual returns. However, the Company is not the primary beneficiary of the entity, because the Company does not have the power to direct the activities that most significantly impact the entity’s economic performance. As of December 31, 2018, the carrying amount of the Company’s loan receivable with this entity was $5.7 million, and the Company’s maximum exposure to loss in this entity is limited to the carrying amount of its investment. The Company has no liabilities associated with this investment as of December 31, 2018.
Reportable Segments	Reportable Segments ASC Topic 280, Segment Reporting, establishes standards for the manner in which enterprises report information about operating segments. Substantially all of the Company’s investments, at acquisition, are comprised of real estate owned that is leased to tenants on a long-term basis. Therefore, the Company aggregates these investments for reporting purposes and operates in one reportable segment.
Net Income Per Common Share	Net Income per Share Net income per share has been computed pursuant to the guidance in the FASB ASC Topic 260, Earnings Per Share Diluted net income per share of common stock further considers the effect of potentially dilutive shares of common stock outstanding during the period. The OP Units held by non-controlling interests represent potentially dilutive securities as the OP Units may be redeemed for cash or, at the Company’s election, exchanged for shares of the Company’s common stock on a one-for-one basis. The following is a reconciliation of the numerator and denominator used in the computation of basic and diluted net income per share (dollars in thousands): (dollar amounts in thousands) Period from June 25, 2018 to December 31, 2018 Numerator for basic and diluted earnings per share: Net income $ 16,329 Less: net income attributable to non-controlling interests (5,001 ) Less: net income allocated to unvested restricted common stock (300 ) Net income available for common stockholders: basic 11,028 Net income attributable to non-controlling interests 5,001 Net income available for common stockholders: diluted $ 16,029 Denominator for basic and diluted earnings per share: Weighted average common shares outstanding 43,325,968 Less: weighted average number of shares of unvested restricted common stock (691,290 ) Weighted average shares outstanding used in basic net income per share 42,634,678 Effects of dilutive securities: (1) OP Units 19,056,552 Unvested restricted common stock 74,727 Weighted average shares outstanding used in diluted net income per share 61,765,957 (1) Assumes the most dilutive issuance of potentially issuable shares between the two-class and treasury stock method unless the result would be anti-dilutive.
Recent Accounting Developments	Recent Accounting Developments In May 2014, with subsequent updates in 2015, 2016 and 2017, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which establishes a principles-based approach for accounting for revenue from contracts with customers. The standard does not apply to revenue recognition for lease contracts or to the interest income recognized from direct financing receivables, which together represent substantially all of the Company’s revenue. Such revenues are related to lease contracts with tenants, which currently fall within the scope of ASC Topic 840, and will fall within the scope of ASC Topic 842 upon the adoption of ASU 2016-02 on January 1, 2019 (see below). The Company’s sales of real estate are within the scope of ASU 2017-05 (see above). The Company adopted ASU 2014-09 on January 1, 2018 using the modified retrospective method for transition. The adoption of this new standard did not result in a cumulative effect adjustment as of January 1, 2018 and did not have any impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (“ASU 2016-02”) to amend the accounting for leases. The new standard requires lessees to classify leases as either finance or operating leases based on certain criteria and record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months, regardless of their classification. The new standard requires lessors to account for leases using an approach that is substantially equivalent to the previous guidance for sales-type leases, direct financing leases and operating leases. The standard also eliminates current real estate-specific provisions and changes the guidance on sale-leaseback transactions, initial direct costs, lease modifications and lease executory costs for all entities. Certain changes to the guidance pertaining to sale-leaseback transactions may impact the Company. For example, the inclusion of a purchase option in the lease associated with a sale-leaseback transaction will now result in the lessor accounting for such transaction as a financing arrangement. ASU 2016-02 was effective for the Company on January 1, 2019 and, in accordance with the provisions of ASU 2018-11, Leases (Topic 842), Targeted Improvements, was adopted by the Company using the modified retrospective approach as of the beginning of the period of adoption. There was no impact to retained earnings at the time of adoption and, therefore, no cumulative-effect adjustment was recorded. At the time of adoption, both lessees and lessors are permitted to make an election to apply a package of practical expedients available for implementation under the standard. The Company applied this package of practical expedients and, as such, at the time of adoption did not reassess the classification of existing lease contracts, whether existing or expired contracts contain a lease or whether a portion of initial direct costs for existing leases should have been expensed. The accounting applied by a lessor is largely unchanged under ASU 2016-02; however, the standard requires that lessors expense, on an as-incurred basis, certain initial direct costs that are not incremental in obtaining a lease. Under the previous standards, certain of these costs were capitalizable. Although primarily a lessor, the Company is also a lessee under several ground lease arrangements and under its corporate office and office equipment leases. The Company has completed its inventory and evaluation of these leases and has calculated a right-of-use asset and a lease liability for the present value of the minimum lease payments; the amount recognized upon adoption was less than 1% of total assets. For a portion of the Company’s ground lease arrangements, the sublessees, or the Company’s tenants, are responsible for making payment directly to the ground lessors. Prior to the new standard such amounts were presented on a net basis; however, upon adoption of ASU 2016-02 the expense related to the ground lease obligations, along with the related sublease revenues, will be presented on a gross basis in the consolidated statements of income. ASU 2016-02 also requires additional disclosures within the notes accompanying the consolidated financial statements. Substantially all of the Company’s lease contracts (under which the Company is the lessor) are “triple-net” leases, which means that its tenants are responsible for making payments to third parties for operating expenses such as property taxes and insurance costs associated with the properties the Company leases to them. Under the previous lease accounting guidance, these payments were excluded from rental revenue. In December 2018, the FASB issued ASU 2018-20 Leases (Topic 842), Narrow-Scope Improvements for Lessors. This update requires the Company to exclude from variable lease payments, and therefore revenue and expense, costs paid by its tenants directly to third parties (a net presentation). Costs paid by the Company and reimbursed by its tenants will be included in variable lease payments (a gross presentation). In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting (“ASU 2018-07”), which expands the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees, with the result of aligning the guidance on share-based payments to nonemployees with that for share-based payments to employees, with certain exceptions, and eliminating the need to re-value awards to nonemployees at each balance sheet date. ASU 2018-07 is effective for annual periods, and interim periods within those years, beginning after December 15, 2018, with early adoption permitted for companies who have previously adopted ASU 2017-09. The Company early adopted ASU 2018-07 effective July 1, 2018 for accounting for its liability-classified non-employee awards that had not vested as of that date. No adjustment to the Company’s retained earnings was required as a result of the adoption of ASU 2018-07. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement: Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which changes the disclosure requirements for fair value measurements by removing, adding and modifying certain disclosures. ASU 2018-13 is effective for annual periods beginning after December 15, 2019, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU 2018-13 on its related disclosures.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Reconciliation of Numerator and Denominator used in Computation of Basic and Diluted Net Income Per Share	Net income per share has been computed pursuant to the guidance in the FASB ASC Topic 260, Earnings Per Share Diluted net income per share of common stock further considers the effect of potentially dilutive shares of common stock outstanding during the period. The OP Units held by non-controlling interests represent potentially dilutive securities as the OP Units may be redeemed for cash or, at the Company’s election, exchanged for shares of the Company’s common stock on a one-for-one basis. The following is a reconciliation of the numerator and denominator used in the computation of basic and diluted net income per share (dollars in thousands): (dollar amounts in thousands) Period from June 25, 2018 to December 31, 2018 Numerator for basic and diluted earnings per share: Net income $ 16,329 Less: net income attributable to non-controlling interests (5,001 ) Less: net income allocated to unvested restricted common stock (300 ) Net income available for common stockholders: basic 11,028 Net income attributable to non-controlling interests 5,001 Net income available for common stockholders: diluted $ 16,029 Denominator for basic and diluted earnings per share: Weighted average common shares outstanding 43,325,968 Less: weighted average number of shares of unvested restricted common stock (691,290 ) Weighted average shares outstanding used in basic net income per share 42,634,678 Effects of dilutive securities: (1) OP Units 19,056,552 Unvested restricted common stock 74,727 Weighted average shares outstanding used in diluted net income per share 61,765,957 (1) Assumes the most dilutive issuance of potentially issuable shares between the two-class and treasury stock method unless the result would be anti-dilutive.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2018
Investments [Abstract]
Schedule of Information about Acquisition Activity	The following table presents information about the Company’s acquisition activity during the year ended December 31, 2018 (Dollar amounts in thousands) Total Investments Ownership type (1) Number of properties acquired 204 Allocation of purchase price: Land and improvements $ 160,362 Building and improvements 316,894 Construction in progress (2) 15,258 Intangible lease assets 12,227 Assets acquired 504,741 Intangible lease liabilities (1,132 ) Liabilities assumed (1,132 ) Purchase price (including acquisition costs) $ 503,609 (1) During the year ended December 31, 2018, the Company acquired the fee interest in 203 properties and acquired one property subject to a ground lease arrangement. (2) Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense. (Dollar amounts in thousands) Total Investments Ownership type (1) Number of properties acquired 204 Allocation of purchase price: Land and improvements $ 160,362 Building and improvements 316,894 Construction in progress (2) 15,258 Intangible lease assets 12,227 Assets acquired 504,741 Intangible lease liabilities (1,132 ) Liabilities assumed (1,132 ) Purchase price (including acquisition costs) $ 503,609 (1) During the year ended December 31, 2018, the Company acquired the fee interest in 203 properties and acquired one property subject to a ground lease arrangement. (2) Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense. (Dollar amounts in thousands) Art Van Furniture Portfolio Individually Insignificant Investments Total Acquisition date March 2017 Various Ownership type Fee Interest Fee Interest Number of properties acquired 5 207 212 Allocation of purchase price: Land and improvements $ 7,640 $ 140,452 $ 148,092 Building and improvements 48,037 318,225 366,262 Construction in progress (1) — 7,737 7,737 Intangible lease assets — 12,980 12,980 Direct financing lease receivables — — — Assets acquired 55,677 479,394 535,071 Intangible lease liabilities — (249 ) (249 ) Liabilities assumed — (249 ) (249 ) Purchase price (including acquisition costs) $ 55,677 $ 479,145 $ 534,822 (1) Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense. (Dollar amounts in thousands) GE Capital Portfolio Mirabito Portfolio Individually Insignificant Investments Total Acquisition date Various August 2016 Various Ownership type (1) Fee Interest Fee Interest Number of properties acquired 271 23 67 361 Allocation of purchase price: Land and improvements $ 116,272 $ 1,860 $ 34,776 $ 152,908 Building and improvements 132,587 31,837 95,590 260,014 Construction in progress (2) — — 957 957 Intangible lease assets 52,771 — 5,351 58,122 Direct financing lease receivables 2,018 1,678 — 3,696 Assets acquired 303,648 35,375 136,674 475,697 Intangible lease liabilities (18,043 ) — (998 ) (19,041 ) Liabilities assumed (18,043 ) — (998 ) (19,041 ) Purchase price (including acquisition costs) $ 285,605 $ 35,375 $ 135,676 $ 456,656 (1) The Company acquired the fee interest in 254 of the properties in the GE Capital Portfolio. The remaining 17 properties in the GE Capital Portfolio were acquired subject to ground lease arrangements. (2) Includes approximately $10,000 of capitalized interest.
Schedule of Gross Investment Activity	During the years ended December 31, 2018 and 2017 and the period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company had the following gross investment activity: (Dollar amounts in thousands) Number of Investment Locations Dollar Amount of Investments Acquisitions of and additions to real estate investments 342 (1) $ 474,001 Investments in direct financing lease receivables 8 (1) 3,696 Sales of real estate (17) (17,632 ) Provisions for impairment of real estate (2) (1,361 ) Principal collections on direct financing lease receivables (37 ) Gross investments, December 31, 2016 344 458,667 Acquisitions of and additions to real estate investments 212 535,394 Sales of investments in real estate and direct financing lease receivables (47) (51,120 ) Relinquishment of property at end of ground lease term (1) (542 ) Provisions for impairment of real estate (3) (2,466 ) Principal collections on direct financing lease receivables (79 ) Other (782 ) Gross investments, December 31, 2017 508 939,072 Acquisitions of and additions to real estate investments 204 506,949 Sales of investments in real estate (45) (58,084 ) Relinquishment of properties at end of ground lease term (2) (853 ) Provisions for impairment of real estate (4) (4,543 ) Investments in loans receivable (5) 12 (6) 14,854 Principal collections on direct financing lease receivables (74 ) Other (2,772 ) Gross investments, December 31, 2018 1,394,549 Less: Accumulated depreciation and amortization (7) (51,855 ) Net investments, December 31, 2018 677 $ 1,342,694 (1) Six of the Company’s real estate acquisitions during the period from March 30, 2016 (commencement of operations) to December 31, 2016 had lease components accounted for as operating leases and as direct financing lease receivables. (2) During the period from period from March 30, 2016 (commencement of operations) to December 31, 2016, the Company identified and recorded provisions for impairment at four vacant and three tenanted properties. The amount in the table above excludes $0.1 million related to intangible lease liabilities for these assets. (3) During the year ended December 31, 2017, the Company identified and recorded provisions for impairment at 6 vacant and 3 tenanted properties. The amount in the table above excludes $0.1 million related to intangible lease liabilities for these assets. (4) During the year ended December 31, 2018, the Company identified and recorded provisions for impairment at 7 vacant and 14 tenanted properties. The amount in the table above excludes approximately $40,000 related to intangible lease liabilities for these assets. (5) Includes $3.5 million of loan receivable made to the purchaser of one real estate property. (6) Excludes improvements at one property securing a $3.2 million development construction loan as the land at this location is included in acquisitions of and additions to real estate investments for 2018. (7) Includes $38.2 million of accumulated depreciation.
Scheduled Future Minimum Base Rental Payments Under Remaining Non-cancelable Term of Operating Leases	Scheduled future minimum base rental payments due to be received under the remaining non-cancelable term of the operating leases in place as of December 31, 2018 are as follows: (in thousands) Future Minimum Base Rental Receipts 2019 105,827 2020 106,082 2021 106,743 2022 108,035 2023 105,924 Thereafter 1,150,158 Total $ 1,682,769
Schedule of Loans Receivable	The Company’s loans receivable as of December 31, 2018 Loan Type Monthly Payment Number of Secured Properties Interest Rate Maturity Date Principal Outstanding Mortgage (1)(2) Interest only 2 10.00% 2021 $ 2,376 Mortgage (1) Interest only 9 7.55% 2019 5,748 Mortgage (1)(2) Interest only 1 5.25% 2019 3,500 Development construction (2)(3) Principal + Interest 1 8.00% 2058 3,230 Net investment $ 14,854 (1) Loan requires monthly payments of interest only with a balloon payment due at maturity. (2) Loan allows for prepayments in whole or in part without penalty. (3) Loan is secured by a mortgage on the building and improvements at the development property. The Company provides periodic funding to the borrower under this arrangement as construction progresses. Monthly payments are made based on a 40-year amortization schedule with any outstanding principal balance due at maturity or earlier upon the occurrence of certain other events. The mortgaged property is subject to a ground lease arrangement with the Company, as landlord, and borrower, as tenant. If the tenant does not exercise its right to renew the ground lease at the end of the ground lease’s initial 15-year term, the balance of the mortgage loan receivable will be forgiven, and the Company will retain title to the mortgaged property.
Scheduled Principal Payments Due to be Received under Loans Receivable	Scheduled principal payments due to be received under the Company’s loans receivable as of December 31, 2018 are as follows: (in thousands) Loans Receivable 2019 $ 9,259 2020 13 2021 2,391 2022 16 2023 17 Thereafter 3,158 Total $ 14,854
Direct Financing Lease Net Investment in Leases	The components of the investments accounted for as direct financing lease receivables were as follows: (in thousands) December 31, 2018 December 31, 2017 Minimum lease payments receivable $ 4,198 $ 4,518 Estimated unguaranteed residual value of leased assets 270 270 Unearned income from leased assets (1,817 ) (2,063 ) Net investment $ 2,651 $ 2,725
Scheduled Future Minimum Non-cancelable Base Rental Payments Under Direct Financing Lease Receivables	Scheduled future minimum non-cancelable base rental payments due to be received under the direct financing lease receivables as of December 31, 2018 are as follows: (in thousands) Future Minimum Base Rental Payments 2019 $ 332 2020 338 2021 340 2022 345 2023 347 Thereafter 2,496 Total $ 4,198
Schedule of Real Estate Investments and Intangible Lease Liabilities Held for Sale	The following table shows the activity in real estate investments held for sale and intangible lease liabilities held for sale during the years ended December 31, 2018 and 2017. During the period from March 30, 2016 (commencement of operations) to December 31, 2016, no real estate investments were transferred to or from held for sale classification, and no real estate investments were classified as held for sale as of December 31, 2016. (Dollar amounts in thousands) Number of Properties Real Estate Investments Intangible Lease Liabilities Net Carrying Value Held for sale balance, January 1, 2017 — $ — $ — $ — Transfers to held for sale classification 3 4,173 (129 ) 4,044 Sales — — — — Transfers to held and used classification — — — — Held for sale balance, December 31, 2017 3 4,173 (129 ) 4,044 Transfers to held for sale classification 12 14,487 (256 ) 14,231 Sales (15 ) (18,660 ) 385 (18,275 ) Transfers to held and used classification — — — — Held for sale balance, December 31, 2018 $ — $ — $ — $ —
Schedule of External Customers by Geographic Areas	The following table lists the states where the rental revenue from the properties in that state during the periods presented represented 10% or more of total rental revenue in the Company’s consolidated statements of operations and comprehensive income: Year ended December 31, Period from March 30, 2016 (Commencement of Operations) to December 31, 2016 State 2018 2017 Florida * 10.2% 14.0% Georgia 11.5% * 13.0% Texas 12.5% 13.1% 11.1% * State's rental revenue was not greater than 10% of total rental revenue for all portfolio properties during the period specified.
Schedule of Intangible Assets and Liabilities	Intangible assets and liabilities consisted of the following as of the dates presented: December 31, 2018 December 31, 2017 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets: In-place leases $ 50,317 $ 9,498 $ 40,819 $ 44,738 $ 6,638 $ 38,100 Intangible market lease assets 16,104 4,144 11,960 17,715 2,794 14,921 Total intangible assets $ 66,421 $ 13,642 $ 52,779 $ 62,453 $ 9,432 $ 53,021 Intangible market lease liabilities $ 14,894 $ 3,278 $ 11,616 $ 14,824 $ 2,503 $ 12,321
Schedule of Remaining Weighted Average Amortization Period for Intangible Assets and Liabilities	The remaining weighted average amortization period for the Company’s intangible assets and liabilities as of December 31, 2018, by category and in total, were as follows: Years Remaining In-place leases 10.7 Intangible market lease assets 8.8 Total intangible assets 10.2 Intangible market lease liabilities 15.8
Summary of Amortization and Accretion Recognized	The following table discloses amounts recognized within the consolidated statements of operations and comprehensive income related to amortization of in-place leases, amortization and accretion of above- and below-market lease assets and liabilities, net and the amortization and accretion of above- and below-market ground leases for the periods presented: Year ended December 31, Period from March 30, 2016 (Commencement of Operations) to December 31, 2016 (in thousands) 2018 2017 Amortization of in-place leases (1) $ 6,465 $ 5,461 $ 2,420 Amortization (accretion) of market lease intangibles, net (2) 780 1,071 128 Amortization (accretion) of above- and below-market ground lease intangibles, net (3) (443 ) (540 ) (11 ) (1) Reflected within depreciation and amortization expense. (2) Reflected within rental revenue. (3) Reflected within property expenses.
Summary of Projected Amortization Expenses for Next Five Years	The following table provides the projected amortization of in-place lease assets to depreciation and amortization expense, net amortization of above- and below-market lease intangibles to rental revenue, and net amortization of above- and below-market ground lease intangibles into property expenses for the next five years: (in thousands) 2019 2020 2021 2022 2023 In-place lease assets $ 4,907 $ 4,459 $ 4,260 $ 4,130 $ 3,684 Adjustment to amortization expense $ 4,907 $ 4,459 $ 4,260 $ 4,130 $ 3,684 Above-market lease assets $ (1,445 ) $ (1,291 ) $ (1,242 ) $ (1,241 ) $ (1,237 ) Below-market lease liabilities 738 660 660 657 487 Net adjustment to rental revenue $ (707 ) $ (631 ) $ (582 ) $ (584 ) $ (750 ) Below-market ground lease assets $ 74 $ — $ — $ — $ — Above-market ground lease liabilities (374 ) (228 ) (183 ) (180 ) (150 ) Net adjustment to property expenses $ (300 ) $ (228 ) $ (183 ) $ (180 ) $ (150 )

Secured Borrowings (Tables)

Secured Borrowings (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Summary of Scheduled Principal Payments	The following table summarizes the scheduled principal payments on the Company’s secured borrowings as of December 31, 2018: (in thousands) Scheduled Principal Payments 2019 $ 8,009 2020 8,419 2021 267,558 2022 4,292 2023 4,512 Thereafter 222,330 Total $ 515,120

Notes Payable to Related Part_2

Notes Payable to Related Parties (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Summary of Activity Related to Company's Notes Payable to Related Parties	The following table presents the activity related to the Company’s notes payable to related parties for the years ended December 31, 2018 and 2017: (in thousands) Warehouse Notes Other Short- term Note Total Outstanding, January 1, 2017 $ — $ — $ — Borrowings 523,000 20,000 543,000 Repayments (293,000 ) (20,000 ) (313,000 ) Outstanding, December 31, 2017 230,000 — 230,000 Borrowings 154,000 — 154,000 Repayments (384,000 ) — (384,000 ) Outstanding, December 31, 2018 $ — $ — $ —

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Summary of Quarterly Cash Dividends	During the period from June 25, 2018 to December 31, 2018, the Company’s board of directors declared the following quarterly cash dividends on common stock: Date Declared Record Date Date Paid Amount Paid Per Common Share September 5, 2018 September 28, 2018 October 12, 2018 $ 0.224 December 10, 2018 December 31, 2018 January 14, 2019 $ 0.21

Equity Based Compensation (Tabl

Equity Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure Of Compensation Related Costs Equity Based Payments [Abstract]
Schedule of Information about Equity Incentive Plan Activity	The following table presents information about Equity Incentive Plan activity during the year ended December 31, 2018: Restricted Common Stock Unvested shares outstanding, January 1, 2018 — Granted 691,290 Vested — Forfeited — Unvested shares outstanding, December 31, 2018 691,290
Schedule of Information about Unvested Class B and Class D Units	The following table presents information about the unvested Class B and Class D units during the years ended December 31, 2018 and 2017: Class B Units Class D Units Total Unvested units outstanding, January 1, 2017 — — — Granted 8,550 3,000 11,550 Vested (1,610 ) (600 ) (2,210 ) Forfeited — — — Unvested units outstanding, December 31, 2017 6,940 2,400 9,340 Granted — — — Vested (1,710 ) (600 ) (2,310 ) Forfeited — — — Unvested units outstanding, December 31, 2018 5,230 1,800 7,030
Schedule of Per Unit Fair Value of Unvested Class B and Class D Units Estimated Using Assumptions as of Valuation Dates	The per unit fair value of unvested Class B and Class D units was estimated using the following assumptions as of the respective valuation dates: Valuation Date July 1, 2018 December 31, 2017 January 31, 2017 Volatility 20 % 35 % 40 % Risk free rate 2.33 % 1.44 % 1.30 % Marketability discount 25 % 10 % 30 %

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Schedule of Future Minimum Base Cash rental payments Due from Company under Office and Ground Leases	As of December 31, 2018, the future minimum base cash rental payments due from the Company under the office and ground leases where the Company is responsible for payment and the future minimum base cash rental payments under the ground leases where the Company’s tenants are responsible for payment over the next five years and thereafter are as follows: (in thousands) Office and Ground Leases to be Paid by the Company Ground Leases to be Paid Directly by the Company’s Tenants Total Future Minimum Base Rental Payments 2019 $ 893 $ 492 $ 1,385 2020 759 328 1,087 2021 680 331 1,011 2022 669 327 996 2023 656 26 682 Thereafter 1,093 — 1,093 Total $ 4,750 $ 1,504 $ 6,254

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Summary of Fair Values of Real Estate Investments Measured at Nonrecurring Basis	The Company measures its real estate investments at fair value on a nonrecurring basis. The fair values of these real estate investments were determined using the following input levels as of the dates presented: Net Carrying Fair Value Measurements Using Fair Value Hierarchy (in thousands) Value Fair Value Level 1 Level 2 Level 3 December 31, 2018 Non-financial assets: Long-lived assets $ 3,238 $ 3,238 $ — $ — $ 3,238 December 31, 2017 Non-financial assets: Long-lived assets $ 5,817 $ 5,817 $ — $ — $ 5,817
Summary of Quantitative Information About Level 3 Fair Value Measurements	Quantitative information about Level 3 fair value measurements as of December 31, 2018 is as follows: (dollar amounts in thousands) Fair Value Valuation Techniques Significant Unobservable Inputs Non-financial assets: Long-lived assets: Quick service restaurant—Tampa, FL $ 376 Sales comparison approach Non-binding sales contract $ 376 Quick service restaurant—Newark, OH 40 Discounted cash flow approach De minimis 40 Casual Dining—Lakewood, NY 200 Sales comparison approach Comparable sales prices 200 Convenience store—Kilgore, TX 1,272 Sales comparison approach Non-binding sales contract 1,272 Automotive Service—Plano, TX 1,350 Sales comparison approach Non-binding sales contract 1,350

Quarterly Results (Unaudited) (

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Summary of Unaudited Quarterly Financial Information	Presented below is a summary of unaudited quarterly financial information for the years ended December 31, 2018 and 2017. Three months ended (in thousands, except per share data) March 31 June 30 September 30 December 31 2018: Total revenues $ 20,167 $ 21,664 $ 25,742 $ 28,650 Net income 1,109 3,499 7,707 8,299 Net income per share of common stock — basic and diluted — 0.01 0.12 0.13 Dividends declared per common share — — 0.22 0.21 2017: Total revenues $ 10,091 $ 13,312 $ 13,580 $ 17,466 Net income 583 2,047 522 3,144

Organization - Additional Infor

Organization - Additional Information (Details) $ / shares in Units, $ in Thousands	Jul. 24, 2018USD ($)$ / sharesshares	Jun. 25, 2018$ / sharesshares	Jan. 31, 2017ClassofEquity	Dec. 31, 2018$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Jul. 20, 2018$ / shares	Jun. 21, 2018shares	Jun. 20, 2018shares	Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Common shares, par value per share | $ / shares				$ 0.01	$ 0.01
Common stock, issued shares				43,749,092	43,749,092
Predecessor
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of classes of equity units issued | ClassofEquity			4
Sale of stock, percentage of ownership after transaction			52.30%
Stonebriar Holdings | Predecessor
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of ownership			45.70%
EPRT Management | Predecessor
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of ownership			2.00%
Change in ownership percentages									0.00%
EPRT Holdings LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Interest received in Operating Partnership				17,913,592	17,913,592		17,913,592	17,913,592
Common Stock
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Initial public offering, shares				35,272,191
Common stock, price per share | $ / shares						$ 14
Proceeds from concurrent private placement | $					$ 108,999
Concurrent private placement of common stock, shares				7,785,611
Initial Public Offering | Common Stock
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Initial public offering, shares	2,772,191	32,500,000
Common shares, par value per share | $ / shares		$ 0.01
Common stock, price per share | $ / shares	$ 14	$ 14
Proceeds from issuance of shares, net of underwriting discounts and commissions and other expenses | $	$ 458,700
Private Placement | Eldridge Industries, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from concurrent private placement | $					$ 125,000
Common stock, issued shares								43,057,802
Private Placement | Eldridge Industries, LLC | Operating Partnership
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Operating partnership units issued					1,142,960
Private Placement | Common Stock | Eldridge Industries, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concurrent private placement of common stock, shares					7,785,611

Summary of Significant Accoun_4

Summary of Significant Accounting Principles - Additional Information (Details)	Jan. 01, 2019	Dec. 31, 2018USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2018USD ($)Segment	Dec. 31, 2017USD ($)
Summary Of Significant Accounting Policies [Line Items]
Percentage of ownership interests in operating partnership		69.70%		69.70%
Allowance for loan losses		$ 0		$ 0	$ 0
Provision for impairment			$ 1,298,000	4,503,000	2,377,000
Deposits		4,236,000	1,825,000	4,236,000	7,250,000
Deposits in excess of amount insured by FDIC		4,000,000		4,000,000	7,000,000
Contingent rent			400,000	1,100,000	1,100,000
Capitalized offering costs		35,100,000		$ 35,100,000	1,300,000
Percentage of taxable income require to REIT				90.00%
Provision for income tax		0	0	$ 0	0
Uncertain tax positions, interest or penalties				0	0
Uncertain tax position, interest or penalties accrued		0		0	0
Mortgage loan receivable		$ 14,854,000		$ 14,854,000
Number of reportable segments | Segment				1
Common stock, conversion basis		one-for-one basis		one-for-one basis
Variable Interest Entities ("VIEs") | Mortgage Loan Receivable
Summary Of Significant Accounting Policies [Line Items]
Mortgage loan receivable		$ 5,700,000		$ 5,700,000
Mortgage loan receivable, maximum loss exposure		5,700,000		5,700,000
Liabilities associated with investment		0		$ 0
Federal
Summary Of Significant Accounting Policies [Line Items]
Open Tax Year				2016 2017 2018
State
Summary Of Significant Accounting Policies [Line Items]
Open Tax Year				2016 2017 2018
Base Rent
Summary Of Significant Accounting Policies [Line Items]
Allowance for doubtful accounts receivable		200,000		$ 200,000	100,000
Straight-line Rent
Summary Of Significant Accounting Policies [Line Items]
Allowance for doubtful accounts receivable		$ 0		0	100,000
Maximum | ASU 2016-02 | Subsequent Event
Summary Of Significant Accounting Policies [Line Items]
Percentage right of use asset and lease liability to assets	1.00%
Real Estate Investments
Summary Of Significant Accounting Policies [Line Items]
Depreciation			$ 3,000,000	$ 24,800,000	$ 14,000,000
Buildings | Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life				40 years
Site Improvements
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life				15 years

Summary of Significant Accoun_5

Summary of Significant Accounting Principles - Reconciliation of Numerator and Denominator used in Computation of Basic and Diluted Net Income Per Share (Details) - USD ($) $ in Thousands	3 Months Ended								6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Numerator for basic and diluted earnings per share:
Net income	$ 8,299	$ 7,707	$ 3,499	$ 1,109	$ 3,144	$ 522	$ 2,047	$ 583	$ 16,329	$ 3,750	$ 20,614	$ 6,296
Net income attributable to non-controlling interests									(5,001)		(5,001)
Less: net income allocated to unvested restricted common stock									(300)
Net income available for common stockholders: basic									11,028
Net income attributable to non-controlling interests									5,001		$ 5,001
Net income available for common stockholders: diluted									$ 16,029
Denominator for basic and diluted earnings per share:
Weighted average common shares outstanding									43,325,968
Less: weighted average number of shares of unvested restricted common stock									(691,290)
Weighted average shares outstanding used in basic net income per share									42,634,678
Effects of dilutive securities:
Weighted average shares outstanding used in diluted net income per share									61,765,957
Operating Partnership Unit
Effects of dilutive securities:
Dilutive securities									19,056,552
Unvested Restricted Common Stock
Effects of dilutive securities:
Dilutive securities									74,727

Investments - Additional Inform

Investments - Additional Information (Details)	Jan. 01, 2019USD ($)Property	Dec. 31, 2016USD ($)Loan	Dec. 31, 2018USD ($)PropertyLoanInvestment	Dec. 31, 2017USD ($)PropertyLoanInvestment
Investment [Line Items]
Number of property locations of investments | Property			665	508
Number of property development in progress | Property			4	2
Number of real estate properties undeveloped land parcels | Property			1	2
Number of mortgage loans receivable | Loan			3
Number of additional properties secured for mortgage loan receivable | Property			12
Number of owned properties | Property			652	493
Number of properties owned as direct financing receivables | Property			5	5
Number of ground lease interests | Property			13	15
Number of real estate subject to direct financing leases | Property			1	1
Gross acquisition cost of real estate investments		$ 458,667,000	$ 1,394,549,000	$ 939,072,000
Real estate investments, at cost			1,377,044,000	932,174,000
Aggregate carrying amount of loans and direct financing lease receivable			$ 17,500,000	$ 2,700,000
Number of investments | Investment			347	348
Net investments			$ 609,200,000	$ 620,000,000
Real estate investments held for sale, net				$ 4,200,000
Number of acquisitions represented more than five percentage of total investment activity | Investment			0
Number of loan receivable agreements secured | Loan		0	4	0
Aggregate carrying value of loans receivable			$ 14,900,000
Aggregate carrying amount of direct financing lease receivable			2,700,000	$ 2,700,000
Real estate investments transfers to held for sale		$ 0	$ 14,487,000	4,173,000
Real estate investments transfers from held for sale		0
Real estate investments held for sale		$ 0		$ 4,173,000
Subsequent Event
Investment [Line Items]
Number of real estate investment properties acquired | Property	23
Aggregate investment (including acquisition-related costs)	$ 37,800,000
Investment in new and ongoing construction in progress	$ 1,600,000
Number of investment properties sold or transferred | Property	3
Investment, aggregate gross sales price	$ 4,400,000
Investment, disposition costs	$ 200,000

Investments - Schedule of Infor

Investments - Schedule of Information about Acquisition Activity (Details) $ in Thousands		Jun. 16, 2016Property	Dec. 31, 2016USD ($)Property		Sep. 30, 2016Property	Dec. 31, 2016USD ($)Property		Dec. 31, 2018USD ($)Property		Dec. 31, 2017USD ($)Property
Investment [Line Items]
Ownership type								fee interest
Number of properties acquired | Property						361		204	[1]	212
Allocation of purchase price:
Land and improvements			$ 152,908			$ 152,908		$ 160,362	[1]	$ 148,092
Building and improvements			260,014			260,014		316,894	[1]	366,262
Construction in progress			957	[2]		957	[2]	15,258	[1],[3]	7,737	[3]
Intangible lease assets			58,122			58,122		12,227	[1]	12,980
Assets acquired			475,697			475,697		504,741	[1]	535,071
Intangible lease liabilities			(19,041)			(19,041)		(1,132)	[1]	(249)
Liabilities assumed			(19,041)			(19,041)		(1,132)	[1]	(249)
Purchase price (including acquisition costs)			456,656			456,656		$ 503,609	[1]	$ 534,822
Direct financing lease receivables			3,696			$ 3,696
Art Van Furniture Portfolio
Investment [Line Items]
Acquisition date										2017-03
Ownership type										Fee Interest
Number of properties acquired | Property										5
Allocation of purchase price:
Land and improvements										$ 7,640
Building and improvements										48,037
Assets acquired										55,677
Purchase price (including acquisition costs)										$ 55,677
Individually Insignificant Investments
Investment [Line Items]
Acquisition date						Various				Various
Ownership type						Fee Interest				Fee Interest
Number of properties acquired | Property						67				207
Allocation of purchase price:
Land and improvements			34,776			$ 34,776				$ 140,452
Building and improvements			95,590			95,590				318,225
Construction in progress			957	[2]		957	[2]			7,737	[3]
Intangible lease assets			5,351			5,351				12,980
Assets acquired			136,674			136,674				479,394
Intangible lease liabilities			(998)			(998)				(249)
Liabilities assumed			(998)			(998)				(249)
Purchase price (including acquisition costs)			$ 135,676			$ 135,676				$ 479,145
GE Capital Portfolio
Investment [Line Items]
Acquisition date	[4]					Various
Ownership type						fee interest
Number of properties acquired | Property		262	2		7	271	[4]
Allocation of purchase price:
Land and improvements	[4]		$ 116,272			$ 116,272
Building and improvements	[4]		132,587			132,587
Intangible lease assets	[4]		52,771			52,771
Assets acquired	[4]		303,648			303,648
Intangible lease liabilities	[4]		(18,043)			(18,043)
Liabilities assumed	[4]		(18,043)			(18,043)
Purchase price (including acquisition costs)	[4]		285,605			285,605
Direct financing lease receivables	[4]		2,018			$ 2,018
Mirabito Portfolio
Investment [Line Items]
Acquisition date						2016-08
Ownership type						Fee Interest
Number of properties acquired | Property						23
Allocation of purchase price:
Land and improvements			1,860			$ 1,860
Building and improvements			31,837			31,837
Assets acquired			35,375			35,375
Purchase price (including acquisition costs)			35,375			35,375
Direct financing lease receivables			$ 1,678			$ 1,678
[1]	During the year ended December 31, 2018, the Company acquired the fee interest in 203 properties and acquired one property subject to a ground lease arrangement.
[2]	Includes approximately $10,000 of capitalized interest.
[3]	Represents amounts incurred at and subsequent to acquisition and includes $0.2 million of capitalized interest expense
[4]	The Company acquired the fee interest in 254 of the properties in the GE Capital Portfolio. The remaining 17 properties in the GE Capital Portfolio were acquired subject to ground lease arrangements.

Investments - Schedule of Inf_2

Investments - Schedule of Information about Acquisition Activity (Parenthetical) (Details)	Jun. 16, 2016Property	Dec. 31, 2016Property	Sep. 30, 2016Property	Dec. 31, 2016USD ($)Property		Dec. 31, 2018USD ($)Property		Dec. 31, 2017USD ($)Property
Investment [Line Items]
Ownership type						fee interest
Number of properties acquired fee interest						203
Number of properties acquired subject to ground lease arrangement						1
Capitalized interest expense | $				$ 10,000		$ 200,000		$ 200,000
Number of properties acquired				361		204	[1]	212
GE Capital Portfolio
Investment [Line Items]
Ownership type				fee interest
Number of properties acquired fee interest		254		254
Number of properties acquired subject to ground lease arrangement		17		17
Number of properties acquired	262	2	7	271	[2]
[1]	During the year ended December 31, 2018, the Company acquired the fee interest in 203 properties and acquired one property subject to a ground lease arrangement.
[2]	The Company acquired the fee interest in 254 of the properties in the GE Capital Portfolio. The remaining 17 properties in the GE Capital Portfolio were acquired subject to ground lease arrangements.

Investments - Summary of Gross

Investments - Summary of Gross Investment Activity (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Dec. 31, 2016USD ($)InvestmentLocation	Dec. 31, 2018USD ($)InvestmentLocation	Dec. 31, 2017USD ($)InvestmentLocation
Real Estate Investments [Abstract]
Number of Investment Locations, Acquisitions of and additions to real estate investments | InvestmentLocation	342	204	212
Number of Investment Locations, Investments in direct financing lease receivables | InvestmentLocation	8
Number of Investment Locations, Sales of investments in real estate | InvestmentLocation	(17)	(45)
Number of Investment Locations, Sales of investments in real estate and direct financing lease receivables | InvestmentLocation			(47)
Number of Investment Locations, Relinquishment of properties at end of ground lease term | InvestmentLocation		(2)	(1)
Number of Investment Locations | InvestmentLocation	344	677	508
Number of Investment Location, Investments in loans receivable | InvestmentLocation		12
Gross investments		$ 939,072	$ 458,667
Acquisitions of and additions to real estate investments	$ 474,001	506,949	535,394
Investments in direct financing lease receivables	3,696
Sales of investments in real estate and direct financing lease receivables			(51,120)
Sales of investments in real estate	(17,632)	(58,084)
Relinquishment of properties at end of ground lease term		(853)	(542)
Provisions for impairment of real estate	(1,361)	(4,543)	(2,466)
Investments in loans receivable		14,854
Principal collections on direct financing lease receivables	(37)	(74)	(79)
Other		(2,772)	(782)
Gross investments	$ 458,667	1,394,549	939,072
Less: accumulated depreciation and amortization		(51,855)	(24,825)
Net investments		$ 1,342,694	$ 914,247

Investments - Summary of Gros_2

Investments - Summary of Gross Investment Activity (Parenthetical) (Details)	9 Months Ended	12 Months Ended
	Dec. 31, 2016USD ($)Property	Dec. 31, 2018USD ($)Property	Dec. 31, 2017USD ($)Property
Real Estate Properties [Line Items]
Number of property locations of investments | Property		665	508
Intangible lease liabilities	$ 100,000	$ 40,000	$ 100,000
Accumulated depreciation		38,200,000
Loans receivable to purchaser of real estate property		3,500,000
Property securitized by loan receivable		$ 3,200,000
Vacant Properties
Real Estate Properties [Line Items]
Number of property locations of investments | Property	4	7	6
Tenanted Properties
Real Estate Properties [Line Items]
Number of property locations of investments | Property	3	14	3

Investments - Scheduled Future

Investments - Scheduled Future Minimum Base Rental Payments Under Remaining Non-cancelable Term of Operating Leases (Details) - Real Estate Investments $ in Thousands	Dec. 31, 2018USD ($)
Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]
2,019	$ 105,827
2,020	106,082
2,021	106,743
2,022	108,035
2,023	105,924
Thereafter	1,150,158
Total	$ 1,682,769

Investments - Schedule of Loans

Investments - Schedule of Loans Receivable (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)Property
Loans Receivable Disclosure [Line Items]
Principal Outstanding	$ 14,854
Mortgage Loan Receivable Due at 2021
Loans Receivable Disclosure [Line Items]
Monthly Payment	Interest only
Number of Secured Properties | Property	2
Interest Rate	10.00%
Maturity Date	2,021
Principal Outstanding	$ 2,376
Mortgage Loan Receivable 7.55% Due at 2019
Loans Receivable Disclosure [Line Items]
Monthly Payment	Interest only
Number of Secured Properties | Property	9
Interest Rate	7.55%
Maturity Date	2,019
Principal Outstanding	$ 5,748
Mortgage Loan Receivable 5.22% Due at 2019
Loans Receivable Disclosure [Line Items]
Monthly Payment	Interest only
Number of Secured Properties | Property	1
Interest Rate	5.25%
Maturity Date	2,019
Principal Outstanding	$ 3,500
Development Construction Loan Receivable
Loans Receivable Disclosure [Line Items]
Monthly Payment	Principal + Interest
Number of Secured Properties | Property	1
Interest Rate	8.00%
Maturity Date	2,058
Principal Outstanding	$ 3,230

Investments - Schedule of Loa_2

Investments - Schedule of Loans Receivable (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2018
Loans And Leases Receivable Disclosure [Abstract]
Mortgage property ground lease agreement renewal term	15-year
Amortization schedule of loan receivable under development construction agreement	40 years

Investments - Scheduled of Prin

Investments - Scheduled of Principal Payments Due to be Received under Loans Receivable (Details) $ in Thousands	Dec. 31, 2018USD ($)
Loans Receivable Scheduled Principal Payments Due To Be Received [Abstract]
2,019	$ 9,259
2,020	13
2,021	2,391
2,022	16
2,023	17
Thereafter	3,158
Total	$ 14,854

Investments - Schedule of Direc

Investments - Schedule of Direct Financing Lease Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Net Investment In Leases [Abstract]
Minimum lease payments receivable	$ 4,198	$ 4,518
Estimated unguaranteed residual value of leased assets	270	270
Unearned income from leased assets	(1,817)	(2,063)
Net investment	$ 2,651	$ 2,725

Investments - Scheduled Futur_2

Investments - Scheduled Future Minimum Non-cancelable Base Rental Payments Under Direct Financing Lease Receivables (Details) $ in Thousands	Dec. 31, 2018USD ($)
Net Investment In Leases [Abstract]
2,019	$ 332
2,020	338
2,021	340
2,022	345
2,023	347
Thereafter	2,496
Total	$ 4,198

Investments - Activity in Real

Investments - Activity in Real Estate Investments and Intangible Lease Liabilities Held for Sale (Details)	9 Months Ended	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2018USD ($)Property	Dec. 31, 2017USD ($)Property
Investments [Abstract]
Number of Properties, Held for sale balance, December 31, 2016 | Property		3
Number of Properties, Transfers to held for sale classification | Property		12	3
Number of Properties, Sales | Property		(15)
Number of Properties, Held for sale balance | Property			3
Real Estate Investments, Held for sale balance, December 31, 2016		$ 4,173,000	$ 0
Real Estate Investments, Transfers to held for sale classification	$ 0	14,487,000	4,173,000
Real Estate Investments, Sales		(18,660,000)
Real Estate Investments, Held for sale balance	$ 0		4,173,000
Intangible Lease Liabilities, Held for sale balance, December 31, 2016		(129,000)
Intangible Lease Liabilities, Transfers to held for sale classification		(256,000)	(129,000)
Intangible Lease Liabilities, Sales		385,000
Intangible Lease Liabilities, Held for sale balance			(129,000)
Net Carrying Value, Held for sale balance, December 31, 2016		4,044,000
Net Carrying Value, Transfers to held for sale classification		14,231,000	4,044,000
Net Carrying Value, Sales		$ (18,275,000)
Net Carrying Value, Held for sale balance			$ 4,044,000

Investments - Schedule of Exter

Investments - Schedule of External Customers by Geographic Areas (Details) - Rental Revenue - Geographic Concentration Risk	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Texas
Concentration Risk [Line Items]
Concentration risk percentage	11.10%	12.50%	13.10%
Georgia
Concentration Risk [Line Items]
Concentration risk percentage	13.00%	11.50%
Florida
Concentration Risk [Line Items]
Concentration risk percentage	14.00%		10.20%

Investments - Schedule of Intan

Investments - Schedule of Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Finite Lived Intangible Assets [Line Items]
Intangible assets, Gross Carrying Amount	$ 66,421	$ 62,453
Intangible assets, Accumulated Amortization	13,642	9,432
Intangible assets, Net Carrying Amount	52,779	53,021
Intangible market lease liabilities, Gross Carrying Amount	14,894	14,824
Intangible market lease liabilities, Accumulated Amortization	3,278	2,503
Intangible market lease liabilities, Net Carrying Amount	11,616	12,321
In-place Leases
Finite Lived Intangible Assets [Line Items]
Intangible assets, Gross Carrying Amount	50,317	44,738
Intangible assets, Accumulated Amortization	9,498	6,638
Intangible assets, Net Carrying Amount	40,819	38,100
Intangible Market Lease Assets
Finite Lived Intangible Assets [Line Items]
Intangible assets, Gross Carrying Amount	16,104	17,715
Intangible assets, Accumulated Amortization	4,144	2,794
Intangible assets, Net Carrying Amount	$ 11,960	$ 14,921

Investments - Summary of Remain

Investments - Summary of Remaining Weighted Average Amortization Period for Intangible Assets and Liabilities (Details)	12 Months Ended
	Dec. 31, 2018
Finite Lived Intangible Assets [Line Items]
Total intangible assets	10 years 2 months 12 days
Remaining weighted average amortization period, Intangible market lease liabilities	15 years 9 months 18 days
In-place Leases
Finite Lived Intangible Assets [Line Items]
Remaining weighted average amortization period, In-place leases	10 years 8 months 12 days
Intangible Market Lease Assets
Finite Lived Intangible Assets [Line Items]
Total intangible assets	8 years 9 months 18 days

Investments - Summary of Amorti

Investments - Summary of Amortization and Accretion Recognized (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Amortization of In-Place Leases, Amortization and Accretion of Above- and Below-Market Lease Assets and Liabilities [Line Items]
Amortization of in-place leases	$ 2,420	$ 6,465	$ 5,461
Market Lease Intangibles | Rental Revenue
Amortization of In-Place Leases, Amortization and Accretion of Above- and Below-Market Lease Assets and Liabilities [Line Items]
Amortization (accretion) of market lease intangibles, net	128	780	1,071
Above and Below Market Ground Lease Intangibles | Property Expenses
Amortization of In-Place Leases, Amortization and Accretion of Above- and Below-Market Lease Assets and Liabilities [Line Items]
Amortization (accretion) of above- and below-market ground lease intangibles, net	$ (11)	$ (443)	$ (540)

Investments - Summary of Projec

Investments - Summary of Projected Amortization Expenses for Next Five Years (Details) $ in Thousands	Dec. 31, 2018USD ($)
In-place Leases | Amortization Expense
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible assets, amortization expense, 2019	$ 4,907
Finite-lived intangible assets, amortization expense, 2020	4,459
Finite-lived intangible assets, amortization expense, 2021	4,260
Finite-lived intangible assets, amortization expense, 2022	4,130
Finite-lived intangible assets, amortization expense, 2023	3,684
Adjustment in-place Lease | Amortization Expense
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible assets, amortization expense, 2019	4,907
Finite-lived intangible assets, amortization expense, 2020	4,459
Finite-lived intangible assets, amortization expense, 2021	4,260
Finite-lived intangible assets, amortization expense, 2022	4,130
Finite-lived intangible assets, amortization expense, 2023	3,684
Above-Market Lease Assets | Rental Revenue
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible assets, amortization expense, 2019	(1,445)
Finite-lived intangible assets, amortization expense, 2020	(1,291)
Finite-lived intangible assets, amortization expense, 2021	(1,242)
Finite-lived intangible assets, amortization expense, 2022	(1,241)
Finite-lived intangible assets, amortization expense, 2023	(1,237)
Below-Market Ground Lease Assets | Property Expenses
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible assets, amortization expense, 2019	74
Above-Market Ground Lease Liabilities | Property Expenses
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible liability, amortization income, 2019	(374)
Finite-lived intangible liability, amortization income, 2020	(228)
Finite-lived intangible liability, amortization income, 2021	(183)
Finite-lived intangible liability, amortization income, 2022	(180)
Finite-lived intangible liability, amortization income, 2023	(150)
Net Adjustment in-place Lease | Rental Revenue
Finite Lived Intangible Assets [Line Items]
Above and below market lease (assets) liabilities net adjustment to rental revenue, 2019	(707)
Above and below market lease (assets) liabilities net adjustment to rental revenue, 2020	(631)
Above and below market lease (assets) liabilities net adjustment to rental revenue, 2021	(582)
Above and below market lease (assets) liabilities net adjustment to rental revenue, 2022	(584)
Above and below market lease (assets) liabilities net adjustment to rental revenue, 2023	(750)
Net Adjustment in-place Lease | Property Expenses
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible assets, amortization expense, 2019	(300)
Finite-lived intangible assets, amortization expense, 2020	(228)
Finite-lived intangible assets, amortization expense, 2021	(183)
Finite-lived intangible assets, amortization expense, 2022	(180)
Finite-lived intangible assets, amortization expense, 2023	(150)
Below-Market Lease Liabilities | Rental Revenue
Finite Lived Intangible Assets [Line Items]
Below market leases, amortization income, 2019	738
Below market leases, amortization income, 2020	660
Below market leases, amortization income, 2021	660
Below market leases, amortization income, 2022	657
Below market leases, amortization income, 2023	$ 487

Revolving Credit Facility - Add

Revolving Credit Facility - Additional Information (Details) - USD ($)	Jun. 25, 2018	Dec. 31, 2018	Dec. 31, 2017
Line Of Credit Facility [Line Items]
Borrowings under revolving credit facility		$ 34,000,000
Outstanding under the facility		34,000,000
Total deferred finance costs, net		9,000,000	$ 11,300,000
Senior Unsecured Revolving Credit Facility
Line Of Credit Facility [Line Items]
Aggregate total revolving credit commitments	$ 300,000,000
Credit facility term	4 years
Maximum additional availability of the facility	$ 200,000,000
Borrowings under revolving credit facility		34,000,000
Repayments under facility		0
Outstanding under the facility		34,000,000
Line of credit facility, unused borrowing capacity		266,000,000
Interest expense recorded from amortization of deferred financing costs		500,000
Interest expense including unused facility fees		400,000
Senior Unsecured Revolving Credit Facility | Prepaid Expenses and Other Current Assets, Net
Line Of Credit Facility [Line Items]
Total deferred finance costs, net		$ 3,000,000
Senior Unsecured Revolving Credit Facility | Minimum [Member] | LIBOR
Line Of Credit Facility [Line Items]
Annual interest rate	1.45%
Senior Unsecured Revolving Credit Facility | Minimum [Member] | Prime Rate
Line Of Credit Facility [Line Items]
Annual interest rate	0.45%
Senior Unsecured Revolving Credit Facility | Maximum
Line Of Credit Facility [Line Items]
Credit facility extension term	12 months
Senior Unsecured Revolving Credit Facility | Maximum | LIBOR
Line Of Credit Facility [Line Items]
Annual interest rate	2.15%
Senior Unsecured Revolving Credit Facility | Maximum | Prime Rate
Line Of Credit Facility [Line Items]
Annual interest rate	1.15%

Secured Borrowings - Additional

Secured Borrowings - Additional Information (Details) $ in Thousands	1 Months Ended		9 Months Ended	12 Months Ended
	Jul. 31, 2017USD ($)SpecialPurposeEntity	Dec. 31, 2016USD ($)SpecialPurposeEntity	Dec. 31, 2016USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Debt Instrument [Line Items]
Net proceeds from issuance of notes			$ 7,495		$ 248,100
Number of special purpose entities formed to hold assets and issue secured borrowings | SpecialPurposeEntity	3	2
Principal outstanding				$ 515,100	522,900
Deferred finance costs, net				$ 9,000	11,300
Debt instrument, interest rate terms description				If the Company does not meet these repayment schedules, the base interest rates on the notes increase by the greater of (i) 5.00% and (ii) the amount by which the sum of the following exceeds the base interest rates on the notes: (a) the yield to maturity of 10-year U.S. treasury securities in November 2021, plus (b) 5.00%, plus (c) 2.73% for the Series A Notes or 3.70% for the Class B Notes. Additionally, in this event, the full amount of any tenant rental payments received on the assets transferred to the securitization would be used to repay principal.
Percentage of increase in base interest rate upon non repayment of schedules				5.00%
Debt instrument, base interest rates				5.00%
Interest expense			800	$ 22,600	$ 17,400
U.S. Treasury Securities
Debt Instrument [Line Items]
Debt instrument maturity term upon exceeding base interest rate				10 years
Eldridge Industries, LLC
Debt Instrument [Line Items]
Notes issued	$ 75,100
Net proceeds from issuance of notes		$ 273,300
Series 2016-1 Class A Notes
Debt Instrument [Line Items]
Debt instrument, frequency of periodic payment				monthly through November 2021
Debt instrument, base interest rates				2.73%
Series 2016-1 Class A Notes | Eldridge Industries, LLC
Debt Instrument [Line Items]
Notes issued		263,500	263,500
Series 2016-1 Class B Notes
Debt Instrument [Line Items]
Debt instrument, base interest rates				3.70%
Series 2016-1 Class B Notes | Eldridge Industries, LLC
Debt Instrument [Line Items]
Notes issued		$ 17,300	$ 17,300
Series 2017-1 Class A Notes
Debt Instrument [Line Items]
Notes issued	232,400
Series 2017-1 Class B Notes
Debt Instrument [Line Items]
Notes issued	$ 15,700
Series 2016-1 Notes
Debt Instrument [Line Items]
Debt instrument, payment terms description				The Series 2016-1 Notes mature in November 2046, but the terms of the Class A Notes require principal to be paid monthly through November 2021, with a balloon repayment at that time, and the terms of the Class B Notes require no monthly principal payments but require the full principal balance to be paid in November 2021.
Debt instrument maturity month year				2046-11
Weighted-average interest rate				4.51%
Series 2017-1 Notes
Debt Instrument [Line Items]
Debt instrument maturity month year				2047-06
Weighted-average interest rate				4.16%

Secured Borrowings - Summary of

Secured Borrowings - Summary of Scheduled Principal Payments (Details) $ in Thousands	Dec. 31, 2018USD ($)
Debt Disclosure [Abstract]
2,019	$ 8,009
2,020	8,419
2,021	267,558
2,022	4,292
2,023	4,512
Thereafter	222,330
Total	$ 515,120

Notes Payable to Related Part_3

Notes Payable to Related Parties - Additional Information (Details)	Jun. 25, 2018USD ($)Note	Jan. 31, 2018USD ($)Note	Dec. 31, 2018USD ($)Note	Dec. 31, 2017USD ($)Note
Related Party Transaction [Line Items]
Debt instrument, base interest rates			5.00%
Interest expense related parties			$ 4,603,000	$ 3,478,000
Eldridge Industries, LLC
Related Party Transaction [Line Items]
Notes issued outstanding amount				230,000,000
Repayment of short-term note			384,000,000	313,000,000
Due to related party included in accrued liabilities and other payables				$ 300,000
Warehouse Notes
Related Party Transaction [Line Items]
Number of short-term notes issued | Note				33
Notes issued during the year			154,000,000	$ 523,000,000
Notes issued outstanding amount			$ 0
Number of notes repaid | Note	36			14
Number of notes issued | Note			20
Repayment on notes	$ 334,000,000	$ 50,000,000
Number of notes repaid in full | Note		3
Number of notes repaid in part | Note		1
Warehouse Notes | Maximum
Related Party Transaction [Line Items]
Accrued interest rate maturity period				1 year
Warehouse Notes | Maximum | LIBOR
Related Party Transaction [Line Items]
Debt instrument, base interest rates				2.76%
Warehouse Notes | Eldridge Industries, LLC
Related Party Transaction [Line Items]
Notes issued outstanding amount				$ 230,000,000
Repayment of short-term note			$ 384,000,000	$ 293,000,000
Warehouse Notes | Eldridge Industries, LLC | Minimum [Member] | LIBOR
Related Party Transaction [Line Items]
Debt instrument, base interest rates				2.14%
Short Term Notes | Eldridge Industries, LLC
Related Party Transaction [Line Items]
Number of additional short-term notes issued | Note				1
Notes issued outstanding amount				$ 20,000,000
Repayment of short-term note				$ 20,000,000
Debt instrument, base interest rates				8.00%

Notes Payable to Related Part_4

Notes Payable to Related Parties - Summary of Activity Related to Company's Notes Payable to Related Parties (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Warehouse Notes
Related Party Transaction [Line Items]
Outstanding ending balance	$ 0
Eldridge Industries, LLC
Related Party Transaction [Line Items]
Outstanding beginning balance	230,000,000
Borrowings	154,000,000	$ 543,000,000
Repayments	(384,000,000)	(313,000,000)
Outstanding ending balance		230,000,000
Eldridge Industries, LLC | Warehouse Notes
Related Party Transaction [Line Items]
Outstanding beginning balance	230,000,000
Borrowings	154,000,000	523,000,000
Repayments	$ (384,000,000)	(293,000,000)
Outstanding ending balance		230,000,000
Eldridge Industries, LLC | Other Short-term Note
Related Party Transaction [Line Items]
Borrowings		20,000,000
Repayments		$ (20,000,000)

Equity - Additional Information

Equity - Additional Information (Details) - USD ($)

Jul. 24, 2018

Jun. 25, 2018

Jan. 31, 2018

Dec. 31, 2017

Jan. 31, 2017

Jul. 20, 2018

Dec. 31, 2018

Dec. 31, 2016

Dec. 31, 2018

Dec. 31, 2017

Jun. 21, 2018

Jun. 20, 2018

Class Of Stock [Line Items]

Distributions paid represented as taxable income, percentage

58.90%

Distributions paid represented as return of capital, percentage

41.10%

Direct capital contributions

$ 288,600,000

Indirect capital contributions

$ 163,100,000

Additional indirect capital contributions

$ 17,300,000

Direct equity contribution

$ 50,000,000

$ 181,402,000

$ 562,179,000

$ 562,179,000

$ 181,402,000

Price per unit

$ 1,000

Compound interest rate percentage

8.00%

Issuance of new grant of unvested shares

500

11,550

Proceeds to repay of outstanding principal

$ 50,000,000

EPRT Holdings LLC

Class Of Stock [Line Items]

Direct equity contribution

$ 80,000,000

Interest received in Operating Partnership

17,913,592

17,913,592

17,913,592

17,913,592

EPRT Management and Certain Members of EPRT LLC's Board of Managers

Class Of Stock [Line Items]

Direct equity contribution

3,700,000

Retention of equity investment in subsidiary

$ 91,500,000

Common Stock

Class Of Stock [Line Items]

Initial public offering, shares

35,272,191

Common stock, price per share

$ 14

Concurrent private placement shares

7,785,611

Common stock to purchase number of additional shares

4,875,000

Net proceeds from IPO and concurrent private placement

$ 583,700,000

Common Stock | 2018 Equity Incentive Plan | Directors, Executive Officers and Other Employees

Class Of Stock [Line Items]

Restricted shares issued

691,290

Common Stock | Initial Public Offering

Class Of Stock [Line Items]

Initial public offering, shares

2,772,191

32,500,000

Common stock, price per share

$ 14

$ 14

Common Stock | Over-allotment Option

Class Of Stock [Line Items]

Initial public offering, shares

2,772,191

Eldridge Industries, LLC | Private Placement

Class Of Stock [Line Items]

Common stock, price per share

$ 14

Underwriting discounts or commissions

$ 0

Eldridge Industries, LLC | Operating Partnership Unit | Private Placement

Class Of Stock [Line Items]

Common stock, price per share

$ 14

Operating partnership units issued

1,142,960

1,142,960

Eldridge Industries, LLC | Common Stock | Private Placement

Class Of Stock [Line Items]

Concurrent private placement shares

7,785,611

Equity - Summary of Quarterly C

Equity - Summary of Quarterly Cash Dividends (Details) - $ / shares	Dec. 10, 2018	Sep. 05, 2018	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2018
Dividends Payable [Line Items]
Amount Paid Per Common Share			$ 0.21	$ 0.22	$ 0.434
Common Stock
Dividends Payable [Line Items]
Date Declared	Dec. 10, 2018	Sep. 5, 2018
Record Date	Dec. 31, 2018	Sep. 28, 2018
Date Paid	Jan. 14, 2019	Oct. 12, 2018
Amount Paid Per Common Share	$ 0.21	$ 0.224

Non-controlling Interests - Add

Non-controlling Interests - Additional Information (Details) - $ / shares	Jun. 25, 2018	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2018	Jun. 21, 2018	Jun. 20, 2018
Minority Interest [Line Items]
Percentage of ownership interest, excluding general partner ownership interest		68.70%		68.70%	68.70%
Percentage of ownership interests in operating partnership		69.70%		69.70%	69.70%
Common stock, conversion basis				one-for-one basis	one-for-one basis
Amount Paid Per Common Share		$ 0.21	$ 0.22		$ 0.434
2018 Equity Incentive Plan
Minority Interest [Line Items]
Number of unvested shares issued					691,290
Eldridge Industries, LLC
Minority Interest [Line Items]
Percentage of ownership interests in operating partnership		1.80%		1.80%	1.80%
Eldridge Industries, LLC | Operating Partnership Unit
Minority Interest [Line Items]
Operating partnership units received					43,749,092
Eldridge Industries, LLC | Operating Partnership Unit | Private Placement
Minority Interest [Line Items]
Operating partnership units issued	1,142,960				1,142,960
EPRT Holdings LLC
Minority Interest [Line Items]
Interest received in Operating Partnership		17,913,592		17,913,592	17,913,592	17,913,592	17,913,592
Percentage of ownership interests in operating partnership		28.50%		28.50%	28.50%

Equity Based Compensation - 201

Equity Based Compensation - 2018 Incentive Plan - Additional Information (Details) $ / shares in Units, $ in Millions	Jun. 25, 2018shares	Jan. 31, 2019Companyshares	Dec. 31, 2018USD ($)$ / sharesshares	Jun. 22, 2018shares
Restricted Share Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total Shareholder return calculation basis description			TSR will be calculated based upon the average closing price for the 20 trading day period ending December 31, 2021, divided by the average closing price for the 20 trading day period ended January 1, 2019. The target number of units is based on achieving a TSR equal to the 50th percentile of the peer group.
Restricted Share Units | Subsequent Event
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested share awards percentage		75.00%
Number of peer conpanies returns compared for calculation of vesting percentages and vesting number of units | Company		11
Nonvested share awards remaining percentage		25.00%
Restricted Share Units | Subsequent Event | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage payout schedule can produce		0.00%
Restricted Share Units | Subsequent Event | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage payout schedule can produce		250.00%
Restricted Share Units | Executive Officers | Subsequent Event
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested shares issued		119,085
2018 Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Maximum number of shares issuable under plan			3,550,000
Shares of common stock, reserved for issuance				3,550,000
Number of unvested shares issued			691,290
2018 Equity Incentive Plan | Restricted Stock Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested shares issued			691,290
Grant date fair value of common stock awards per share | $ / shares			$ 13.68
Unrecognized compensation cost | $			$ 7.8
Unrecognized compensation cost, weighted average recognition period			2 years 6 months
2018 Equity Incentive Plan | Restricted Stock Awards | Distributions in Excess of Cumulative Earnings
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividends declared on restricted common stock | $			$ 0.3
2018 Equity Incentive Plan | Restricted Stock Awards | General and Administrative Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense | $			$ 1.7
2018 Equity Incentive Plan | Restricted Stock Awards | First Anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock awards expected to vest	15,484
2018 Equity Incentive Plan | Restricted Stock Awards | First Anniversary | Subsequent Event | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock awards expected to vest		1 year
2018 Equity Incentive Plan | Restricted Stock Awards | First, Second and Third Anniversaries
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock awards expected to vest	675,806
2018 Equity Incentive Plan | Restricted Stock Awards | First, Second and Third Anniversaries | Subsequent Event | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock awards expected to vest		4 years
2018 Equity Incentive Plan | Restricted Stock Awards | Directors, Executive Officers and Other Employees
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested shares issued	691,290
2018 Equity Incentive Plan | Restricted Stock Awards | Directors, Executive Officers and Other Employees | Subsequent Event
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested shares issued		46,368

Equity Based Compensation - Sch

Equity Based Compensation - Schedule of Information about Equity Incentive Plan activity (Details) - 2018 Equity Incentive Plan	12 Months Ended
	Dec. 31, 2018shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested shares issued	691,290
Restricted Stock Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested shares outstanding, Beginning balance
Number of unvested shares issued	691,290
Unvested shares outstanding, Ending balance	691,290

Equity Based Compensation - Uni

Equity Based Compensation - Unit Based Compensation - Additional Information - (Details)	Jul. 01, 2018$ / shares	Dec. 31, 2017USD ($)Installmentshares	Jan. 31, 2017Installment$ / sharesshares	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)$ / shares
Class B Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Issuance beginning date of vested units			Mar. 30, 2024
Grant date fair value of common stock awards per share | $ / shares			$ 323.65		$ 379.60
Fair value of vested units				$ 600,000	$ 500,000
Unrecognized compensation cost				$ 1,900,000
Unrecognized compensation cost, weighted average recognition period				2 years 3 months 18 days
Class B Units | General and Administrative Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense				$ 700,000
Class B Units | Non-employees
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Grant date fair value of common stock awards per share | $ / shares			1,280.35
Class D Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Grant date fair value of common stock awards per share | $ / shares			152.16		$ 152.16
Fair value of vested units				100,000	$ 100,000
Unrecognized compensation cost				$ 200,000
Unrecognized compensation cost, weighted average recognition period				2 years 3 months 18 days
Unvested units, granted to non-employees		$ 200,000		$ 33,000	200,000
Class D Units | General and Administrative Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense					$ 800,000
Class D Units | Non-employees
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Grant date fair value of common stock awards per share | $ / shares	$ 79.09		$ 650.99
Restricted Stock Awards | Class B Units | Members of EPRT Management and EPRT LLC's Board of Managers
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested units issued | shares			8,050
Number of vesting installments | Installment			5
Vesting period start date			Mar. 30, 2017
Vesting period end date			Mar. 30, 2021
Restricted Stock Awards | Class B Units | Additional Member of EPRT Management
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested units issued | shares		500
Number of vesting installments | Installment		5
Vesting period start date		May 1, 2018
Vesting period end date		May 1, 2022
Restricted Stock Awards | Class D Units | Members of EPRT LLC's Board of Managers and External Unitholders
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of unvested units issued | shares			3,000
Number of vesting installments | Installment			5
Vesting period start date			Mar. 30, 2017
Vesting period end date			Mar. 30, 2021

Equity Based Compensation - S_2

Equity Based Compensation - Schedule of Information about Unvested Class B and Class D Units (Details) - shares	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested units outstanding, Beginning balance		9,340
Issuance of new grant of unvested shares	500		11,550
Unvested units, Vested		(2,310)	(2,210)
Unvested units outstanding, Ending balance	9,340	7,030	9,340
Class B Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested units outstanding, Beginning balance		6,940
Issuance of new grant of unvested shares			8,550
Unvested units, Vested		(1,710)	(1,610)
Unvested units outstanding, Ending balance	6,940	5,230	6,940
Class D Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested units outstanding, Beginning balance		2,400
Issuance of new grant of unvested shares			3,000
Unvested units, Vested		(600)	(600)
Unvested units outstanding, Ending balance	2,400	1,800	2,400

Equity Based Compensation - S_3

Equity Based Compensation - Schedule of Per Unit Fair Value of Unvested Class B and Class D Units Estimated Using Assumptions as of Valuation Dates (Details)	Jul. 01, 2018	Dec. 31, 2017	Jan. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Volatility	20.00%	35.00%	40.00%
Risk free rate	2.33%	1.44%	1.30%
Marketability discount	25.00%	10.00%	30.00%

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	1 Months Ended	12 Months Ended
	Feb. 28, 2018USD ($)ft²Option$ / ft²	Dec. 31, 2018USD ($)Property	Dec. 31, 2017USD ($)Property	Dec. 31, 2016USD ($)
Commitments And Contingencies [Line Items]
Operating lease term	7 years
Number of operating lease renewal options | Option	2
Operating lease renewal period	5 years
Operating lease commencement date	Nov. 8, 2018
Operating lease rent commencement date	Jan. 1, 2019
Initial annual operating lease base rent due	$ 500,000
Annual escalations in base rent per square foot | $ / ft²	0.50
Reimbursement to tenants		$ 19,500,000
Purchase between January 1, 2019 and February 11, 2019		$ 8,200,000
Properties secured by the Mortgage note for purchase | Property		9
Executive Officers
Commitments And Contingencies [Line Items]
Employment agreement initial term		4 years
Employment agreement automatic extension period upon non-renewal notice not provided		1 year
401(k) Plan
Commitments And Contingencies [Line Items]
Defined contribution plan name		401(k) Plan
Employer matching contribution		$ 0.1	$ 0.1	$ 10,000
Minimum [Member] | 401(k) Plan
Commitments And Contingencies [Line Items]
Employer matching contribution, percent of match		50.00%
Employer matching contribution, percent of eligible compensation		2.00%
Maximum | 401(k) Plan
Commitments And Contingencies [Line Items]
Employer matching contribution, percent of match		100.00%
Employer matching contribution, percent of eligible compensation		3.00%
Ground Lease
Commitments And Contingencies [Line Items]
Rent expense related to operating lease		$ 500,000	$ 700,000	300,000
Number of real estate properties leased under operating leases | Property		13	15
Number of remaining ground leased properties containing no rental escalation | Property		9
Number of ground leased properties escalate based on fixed schedules | Property		4
Ground Lease | Minimum [Member]
Commitments And Contingencies [Line Items]
Non cancellable remaining lease term		2 months
Ground Lease | Maximum
Commitments And Contingencies [Line Items]
Non cancellable remaining lease term		5 years 4 months 24 days
Ground lease renewable term		20 years
New Jersey
Commitments And Contingencies [Line Items]
Area of leased office space | ft²	13,453
General and Administrative Expense
Commitments And Contingencies [Line Items]
Rent expense related to operating lease	$ 100,000	$ 200,000	$ 200,000	$ 100,000

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Future Minimum Base Cash rental payments Due from Company under Office and Ground Leases (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Commitments And Contingencies [Line Items]
2,019	$ 1,385
2,020	1,087
2,021	1,011
2,022	996
2,023	682
Thereafter	1,093
Total	6,254
Office and Ground Leases to be Paid by the Company
Commitments And Contingencies [Line Items]
2,019	893
2,020	759
2,021	680
2,022	669
2,023	656
Thereafter	1,093
Total	4,750
Ground Leases to be Paid Directly by the Company's Tenants
Commitments And Contingencies [Line Items]
2,019	492
2,020	328
2,021	331
2,022	327
2,023	26
Total	$ 1,504

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Deferred finance costs, net	$ 9	$ 11.3
Carrying Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Secured borrowings	515.1	522.9
Level 3 | Estimated Fair Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Secured borrowings	$ 520.6	$ 527.9

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Fair Values of Real Estate Investments Measured at Nonrecurring Basis (Details) - Fair Value Measurements, Nonrecurring - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Net Carrying Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Non-financial long-lived assets	$ 3,238	$ 5,817
Fair Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Non-financial long-lived assets	3,238	5,817
Fair Value | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Non-financial long-lived assets	$ 3,238	$ 5,817

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Quantitative Information About Level 3 Fair Value Measurements (Details) - Level 3 $ in Thousands	Dec. 31, 2018USD ($)
Quick service restaurant | Tampa, FL
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 376
Alternative Investment, Valuation Technique [Extensible List]	eprt:SalesComparisonApproachMember
Alternative Investment, Measurement Input [Extensible List]	eprt:NonBindingSalesContractMember
Quick service restaurant | Tampa, FL | Non-binding Sales Contract
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Significant Unobservable Inputs	$ 376
Quick service restaurant | Newark, OH
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 40
Alternative Investment, Valuation Technique [Extensible List]	eprt:DiscountedCashFlowApproach
Significant Unobservable Inputs	$ 40
Casual Dining | Lakewood, NY
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 200
Alternative Investment, Valuation Technique [Extensible List]	eprt:SalesComparisonApproachMember
Alternative Investment, Measurement Input [Extensible List]	eprt:ComparableSalesPricesMember
Casual Dining | Lakewood, NY | Comparable sales prices
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Significant Unobservable Inputs	$ 200
Convenience store | Kilgore, TX
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 1,272
Alternative Investment, Valuation Technique [Extensible List]	eprt:SalesComparisonApproachMember
Alternative Investment, Measurement Input [Extensible List]	eprt:NonBindingSalesContractMember
Convenience store | Kilgore, TX | Non-binding Sales Contract
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Significant Unobservable Inputs	$ 1,272
Automotive Service | Plano, TX
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 1,350
Alternative Investment, Valuation Technique [Extensible List]	eprt:SalesComparisonApproachMember
Alternative Investment, Measurement Input [Extensible List]	eprt:NonBindingSalesContractMember
Automotive Service | Plano, TX | Non-binding Sales Contract
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Significant Unobservable Inputs	$ 1,350

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2018
Related Party Transaction [Line Items]
Short-term notes outstanding to affiliate		$ 230,000,000
Affiliate of Eldridge and Manager
Related Party Transaction [Line Items]
Services expense	$ 300,000	$ 100,000
Eldridge Industries, LLC
Related Party Transaction [Line Items]
Short-term notes outstanding to affiliate			$ 0

Quarterly Results (Unaudited) -

Quarterly Results (Unaudited) - Summary of Unaudited Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Total revenues	$ 28,650	$ 25,742	$ 21,664	$ 20,167	$ 17,466	$ 13,580	$ 13,312	$ 10,091		$ 15,520	$ 96,223	$ 54,449
Net income	$ 8,299	$ 7,707	$ 3,499	$ 1,109	$ 3,144	$ 522	$ 2,047	$ 583	$ 16,329	$ 3,750	$ 20,614	$ 6,296
Net income per share of common stock — basic and diluted	$ 0.13	$ 0.12	$ 0.01
Dividends declared per common share	$ 0.21	$ 0.22									$ 0.434

Schedule III - Real Estate an_2

Schedule III - Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 419,065
Initial Cost to Building & Improvements	863,359
Cost Caoitalized Subsequent to Acquisition Land & Improvements	1,783
Cost Capitalized Subsequent to Acquisition Building & Improvements	22,297
Gross Amount, Land & Improvements	420,848
Gross Amount, Building & Improvements	885,656
Gross Amount, Total	1,306,504	$ 866,762	$ 396,193
Accumulated Depreciation	37,904	$ 15,356	$ 2,903
Quick service restaurant | Alexander City, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	184
Initial Cost to Building & Improvements	242
Gross Amount, Land & Improvements	184
Gross Amount, Building & Improvements	242
Gross Amount, Total	426
Accumulated Depreciation	$ 24
Year Constructed	1,987
Date Acquired	Jun. 16, 2016
Quick service restaurant | Zanesville, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 397
Initial Cost to Building & Improvements	277
Gross Amount, Land & Improvements	397
Gross Amount, Building & Improvements	277
Gross Amount, Total	674
Accumulated Depreciation	$ 24
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Quick service restaurant | Belleville, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 314
Initial Cost to Building & Improvements	369
Gross Amount, Land & Improvements	314
Gross Amount, Building & Improvements	369
Gross Amount, Total	683
Accumulated Depreciation	$ 34
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Quick service restaurant | Grand Rapids, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 177
Initial Cost to Building & Improvements	346
Gross Amount, Land & Improvements	177
Gross Amount, Building & Improvements	346
Gross Amount, Total	523
Accumulated Depreciation	$ 32
Year Constructed	1,989
Date Acquired	Jun. 16, 2016
Quick service restaurant | Petaluma, CA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 467
Initial Cost to Building & Improvements	533
Gross Amount, Land & Improvements	467
Gross Amount, Building & Improvements	533
Gross Amount, Total	1,000
Accumulated Depreciation	$ 50
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Quick service restaurant | Clarkesville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 178
Gross Amount, Land & Improvements	178
Gross Amount, Total	$ 178
Date Acquired	Jun. 16, 2016
Quick service restaurant | Philadelphia, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 485
Initial Cost to Building & Improvements	626
Gross Amount, Land & Improvements	485
Gross Amount, Building & Improvements	626
Gross Amount, Total	1,111
Accumulated Depreciation	$ 60
Year Constructed	1,980
Date Acquired	Jun. 16, 2016
Quick service restaurant | Plano, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 484
Initial Cost to Building & Improvements	338
Gross Amount, Land & Improvements	484
Gross Amount, Building & Improvements	338
Gross Amount, Total	822
Accumulated Depreciation	$ 37
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Quick service restaurant | Tampa, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 575
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(249)
Gross Amount, Land & Improvements	326
Gross Amount, Total	$ 326
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Quick service restaurant | Ruskin, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 641
Gross Amount, Land & Improvements	641
Gross Amount, Total	$ 641
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Quick service restaurant | Brownsville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 561
Initial Cost to Building & Improvements	474
Gross Amount, Land & Improvements	561
Gross Amount, Building & Improvements	474
Gross Amount, Total	1,035
Accumulated Depreciation	$ 47
Year Constructed	1,995
Date Acquired	Jun. 16, 2016
Quick service restaurant | Waco, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 633
Initial Cost to Building & Improvements	382
Gross Amount, Land & Improvements	633
Gross Amount, Building & Improvements	382
Gross Amount, Total	1,015
Accumulated Depreciation	$ 35
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Quick service restaurant | Redford, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 468
Initial Cost to Building & Improvements	567
Gross Amount, Land & Improvements	468
Gross Amount, Building & Improvements	567
Gross Amount, Total	1,035
Accumulated Depreciation	$ 52
Year Constructed	1,998
Date Acquired	Jun. 16, 2016
Quick service restaurant | Newark, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 19
Initial Cost to Building & Improvements	51
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(5)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(16)
Gross Amount, Land & Improvements	14
Gross Amount, Building & Improvements	35
Gross Amount, Total	49
Accumulated Depreciation	$ 6
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Waterloo, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 344
Initial Cost to Building & Improvements	846
Gross Amount, Land & Improvements	344
Gross Amount, Building & Improvements	846
Gross Amount, Total	1,190
Accumulated Depreciation	$ 64
Year Constructed	1,982
Date Acquired	Nov. 15, 2016
Quick service restaurant | Liberty, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 319
Cost Caoitalized Subsequent to Acquisition Land & Improvements	631
Cost Capitalized Subsequent to Acquisition Building & Improvements	1,081
Gross Amount, Land & Improvements	950
Gross Amount, Building & Improvements	1,081
Gross Amount, Total	2,031
Accumulated Depreciation	$ 67
Year Constructed	2,018
Date Acquired	Jun. 16, 2016
Quick service restaurant | Cedar Rapids, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 436
Initial Cost to Building & Improvements	1,179
Gross Amount, Land & Improvements	436
Gross Amount, Building & Improvements	1,179
Gross Amount, Total	1,615
Accumulated Depreciation	$ 89
Year Constructed	1,991
Date Acquired	Nov. 15, 2016
Quick service restaurant | Pontiac, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 316
Initial Cost to Building & Improvements	423
Gross Amount, Land & Improvements	316
Gross Amount, Building & Improvements	423
Gross Amount, Total	739
Accumulated Depreciation	$ 43
Year Constructed	2,003
Date Acquired	Jun. 16, 2016
Quick service restaurant | Troy, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 674
Gross Amount, Land & Improvements	674
Gross Amount, Total	$ 674
Date Acquired	Jun. 16, 2016
Quick service restaurant | The Woodlands, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 801
Initial Cost to Building & Improvements	181
Gross Amount, Land & Improvements	801
Gross Amount, Building & Improvements	181
Gross Amount, Total	982
Accumulated Depreciation	$ 21
Year Constructed	2,001
Date Acquired	Jun. 16, 2016
Quick service restaurant | Brattleboro, VT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 77
Initial Cost to Building & Improvements	360
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(56)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(261)
Gross Amount, Land & Improvements	21
Gross Amount, Building & Improvements	99
Gross Amount, Total	120
Accumulated Depreciation	$ 97
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Westminster, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 23
Initial Cost to Building & Improvements	77
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(17)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(62)
Gross Amount, Land & Improvements	6
Gross Amount, Building & Improvements	15
Gross Amount, Total	21
Accumulated Depreciation	$ 12
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Quick service restaurant | EllsworthMaineMember
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 37
Initial Cost to Building & Improvements	51
Gross Amount, Land & Improvements	37
Gross Amount, Building & Improvements	51
Gross Amount, Total	88
Accumulated Depreciation	$ 9
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | ClayNewYorkMember
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 129
Initial Cost to Building & Improvements	413
Gross Amount, Land & Improvements	129
Gross Amount, Building & Improvements	413
Gross Amount, Total	542
Accumulated Depreciation	$ 47
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Quick service restaurant | Buna, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 152
Initial Cost to Building & Improvements	138
Gross Amount, Land & Improvements	152
Gross Amount, Building & Improvements	138
Gross Amount, Total	290
Accumulated Depreciation	$ 15
Year Constructed	1,976
Date Acquired	Jun. 16, 2016
Quick service restaurant | Carthage, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 111
Initial Cost to Building & Improvements	239
Gross Amount, Land & Improvements	111
Gross Amount, Building & Improvements	239
Gross Amount, Total	350
Accumulated Depreciation	$ 23
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Quick service restaurant | Dayton, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 195
Initial Cost to Building & Improvements	174
Gross Amount, Land & Improvements	195
Gross Amount, Building & Improvements	174
Gross Amount, Total	369
Accumulated Depreciation	$ 17
Year Constructed	1,969
Date Acquired	Jun. 16, 2016
Quick service restaurant | Diboll, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 92
Initial Cost to Building & Improvements	177
Gross Amount, Land & Improvements	92
Gross Amount, Building & Improvements	177
Gross Amount, Total	269
Accumulated Depreciation	$ 17
Year Constructed	1,990
Date Acquired	Jun. 16, 2016
Quick service restaurant | Huntington, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 120
Initial Cost to Building & Improvements	180
Gross Amount, Land & Improvements	120
Gross Amount, Building & Improvements	180
Gross Amount, Total	300
Accumulated Depreciation	$ 22
Year Constructed	1,980
Date Acquired	Jun. 16, 2016
Quick service restaurant | Huntsville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 120
Initial Cost to Building & Improvements	290
Gross Amount, Land & Improvements	120
Gross Amount, Building & Improvements	290
Gross Amount, Total	410
Accumulated Depreciation	$ 24
Year Constructed	1,985
Date Acquired	Jun. 16, 2016
Quick service restaurant | Jasper, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 111
Initial Cost to Building & Improvements	209
Gross Amount, Land & Improvements	111
Gross Amount, Building & Improvements	209
Gross Amount, Total	320
Accumulated Depreciation	$ 19
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Quick service restaurant | Kountze, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 120
Initial Cost to Building & Improvements	290
Gross Amount, Land & Improvements	120
Gross Amount, Building & Improvements	290
Gross Amount, Total	410
Accumulated Depreciation	$ 24
Year Constructed	1,995
Date Acquired	Jun. 16, 2016
Quick service restaurant | Rusk, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 129
Initial Cost to Building & Improvements	142
Gross Amount, Land & Improvements	129
Gross Amount, Building & Improvements	142
Gross Amount, Total	271
Accumulated Depreciation	$ 17
Year Constructed	1,989
Date Acquired	Jun. 16, 2016
Quick service restaurant | Sour Lake, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 204
Initial Cost to Building & Improvements	114
Gross Amount, Land & Improvements	204
Gross Amount, Building & Improvements	114
Gross Amount, Total	318
Accumulated Depreciation	$ 15
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Quick service restaurant | Vernon, CT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 155
Initial Cost to Building & Improvements	208
Gross Amount, Land & Improvements	155
Gross Amount, Building & Improvements	208
Gross Amount, Total	363
Accumulated Depreciation	$ 39
Year Constructed	1,983
Date Acquired	Jun. 16, 2016
Quick service restaurant | Battle Creek, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 114
Initial Cost to Building & Improvements	690
Gross Amount, Land & Improvements	114
Gross Amount, Building & Improvements	690
Gross Amount, Total	804
Accumulated Depreciation	$ 54
Year Constructed	1,969
Date Acquired	Jun. 16, 2016
Quick service restaurant | Mount Clemens, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 446
Initial Cost to Building & Improvements	394
Gross Amount, Land & Improvements	446
Gross Amount, Building & Improvements	394
Gross Amount, Total	840
Accumulated Depreciation	$ 53
Year Constructed	1,989
Date Acquired	Jun. 16, 2016
Quick service restaurant | Clio, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 350
Initial Cost to Building & Improvements	889
Gross Amount, Land & Improvements	350
Gross Amount, Building & Improvements	889
Gross Amount, Total	1,239
Accumulated Depreciation	$ 75
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Quick service restaurant | Charlotte, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 190
Initial Cost to Building & Improvements	722
Gross Amount, Land & Improvements	190
Gross Amount, Building & Improvements	722
Gross Amount, Total	912
Accumulated Depreciation	$ 56
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Quick service restaurant | Saint Johns, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 218
Initial Cost to Building & Improvements	403
Gross Amount, Land & Improvements	218
Gross Amount, Building & Improvements	403
Gross Amount, Total	621
Accumulated Depreciation	$ 43
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Quick service restaurant | Greenfield, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 556
Initial Cost to Building & Improvements	789
Gross Amount, Land & Improvements	556
Gross Amount, Building & Improvements	789
Gross Amount, Total	1,345
Accumulated Depreciation	$ 70
Year Constructed	1,983
Date Acquired	Jun. 16, 2016
Quick service restaurant | West Berlin, NJ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 250
Initial Cost to Building & Improvements	399
Gross Amount, Land & Improvements	250
Gross Amount, Building & Improvements	399
Gross Amount, Total	649
Accumulated Depreciation	$ 41
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Quick service restaurant | Redford, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 479
Gross Amount, Land & Improvements	479
Gross Amount, Total	$ 479
Date Acquired	Jun. 16, 2016
Quick service restaurant | Bridgeport, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 309
Initial Cost to Building & Improvements	619
Gross Amount, Land & Improvements	309
Gross Amount, Building & Improvements	619
Gross Amount, Total	928
Accumulated Depreciation	$ 63
Year Constructed	1,989
Date Acquired	Jun. 16, 2016
Quick service restaurant | College Station, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 383
Initial Cost to Building & Improvements	569
Gross Amount, Land & Improvements	383
Gross Amount, Building & Improvements	569
Gross Amount, Total	952
Accumulated Depreciation	$ 45
Year Constructed	1,984
Date Acquired	Jun. 16, 2016
Quick service restaurant | Birmingham, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 261
Initial Cost to Building & Improvements	780
Gross Amount, Land & Improvements	261
Gross Amount, Building & Improvements	780
Gross Amount, Total	1,041
Accumulated Depreciation	$ 62
Year Constructed	2,000
Date Acquired	Jun. 16, 2016
Quick service restaurant | Oneonta, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 220
Initial Cost to Building & Improvements	485
Gross Amount, Land & Improvements	220
Gross Amount, Building & Improvements	485
Gross Amount, Total	705
Accumulated Depreciation	$ 40
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Quick service restaurant | Union City, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 416
Initial Cost to Building & Improvements	746
Gross Amount, Land & Improvements	416
Gross Amount, Building & Improvements	746
Gross Amount, Total	1,162
Accumulated Depreciation	$ 61
Year Constructed	1,976
Date Acquired	Jun. 16, 2016
Quick service restaurant | Marietta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 214
Initial Cost to Building & Improvements	618
Gross Amount, Land & Improvements	214
Gross Amount, Building & Improvements	618
Gross Amount, Total	832
Accumulated Depreciation	$ 48
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Vicksburg, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 203
Initial Cost to Building & Improvements	627
Gross Amount, Land & Improvements	203
Gross Amount, Building & Improvements	627
Gross Amount, Total	830
Accumulated Depreciation	$ 49
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Riverdale, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 309
Initial Cost to Building & Improvements	584
Gross Amount, Land & Improvements	309
Gross Amount, Building & Improvements	584
Gross Amount, Total	893
Accumulated Depreciation	$ 48
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Quick service restaurant | Snellville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 242
Initial Cost to Building & Improvements	484
Gross Amount, Land & Improvements	242
Gross Amount, Building & Improvements	484
Gross Amount, Total	726
Accumulated Depreciation	$ 42
Year Constructed	1,981
Date Acquired	Jun. 16, 2016
Quick service restaurant | Trussville, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 243
Initial Cost to Building & Improvements	480
Gross Amount, Land & Improvements	243
Gross Amount, Building & Improvements	480
Gross Amount, Total	723
Accumulated Depreciation	$ 40
Year Constructed	1,996
Date Acquired	Jun. 16, 2016
Quick service restaurant | Forest Park, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 233
Initial Cost to Building & Improvements	341
Gross Amount, Land & Improvements	233
Gross Amount, Building & Improvements	341
Gross Amount, Total	574
Accumulated Depreciation	$ 28
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Quick service restaurant | Decatur, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 239
Initial Cost to Building & Improvements	714
Gross Amount, Land & Improvements	239
Gross Amount, Building & Improvements	714
Gross Amount, Total	953
Accumulated Depreciation	$ 56
Year Constructed	1,982
Date Acquired	Jun. 16, 2016
Quick service restaurant | Monroe, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 302
Initial Cost to Building & Improvements	733
Gross Amount, Land & Improvements	302
Gross Amount, Building & Improvements	733
Gross Amount, Total	1,035
Accumulated Depreciation	$ 59
Year Constructed	1,985
Date Acquired	Jun. 16, 2016
Quick service restaurant | Decatur, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 292
Initial Cost to Building & Improvements	463
Gross Amount, Land & Improvements	292
Gross Amount, Building & Improvements	463
Gross Amount, Total	755
Accumulated Depreciation	$ 35
Year Constructed	1,983
Date Acquired	Jun. 16, 2016
Quick service restaurant | Columbia South Carolina
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 241
Initial Cost to Building & Improvements	461
Gross Amount, Land & Improvements	241
Gross Amount, Building & Improvements	461
Gross Amount, Total	702
Accumulated Depreciation	$ 42
Year Constructed	1,981
Date Acquired	Jun. 16, 2016
Quick service restaurant | Decatur Georgia Three
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 302
Initial Cost to Building & Improvements	721
Gross Amount, Land & Improvements	302
Gross Amount, Building & Improvements	721
Gross Amount, Total	1,023
Accumulated Depreciation	$ 58
Year Constructed	1,986
Date Acquired	Jun. 16, 2016
Quick service restaurant | Conyers, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 330
Initial Cost to Building & Improvements	767
Gross Amount, Land & Improvements	330
Gross Amount, Building & Improvements	767
Gross Amount, Total	1,097
Accumulated Depreciation	$ 62
Year Constructed	1,982
Date Acquired	Jun. 16, 2016
Quick service restaurant | Stockbridge, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 396
Initial Cost to Building & Improvements	771
Gross Amount, Land & Improvements	396
Gross Amount, Building & Improvements	771
Gross Amount, Total	1,167
Accumulated Depreciation	$ 59
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Quick service restaurant | Lawrenceville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 306
Initial Cost to Building & Improvements	550
Gross Amount, Land & Improvements	306
Gross Amount, Building & Improvements	550
Gross Amount, Total	856
Accumulated Depreciation	$ 49
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Quick service restaurant | Lithonia, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 290
Initial Cost to Building & Improvements	606
Gross Amount, Land & Improvements	290
Gross Amount, Building & Improvements	606
Gross Amount, Total	896
Accumulated Depreciation	$ 48
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Tucker, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 339
Initial Cost to Building & Improvements	586
Gross Amount, Land & Improvements	339
Gross Amount, Building & Improvements	586
Gross Amount, Total	925
Accumulated Depreciation	$ 48
Year Constructed	1,976
Date Acquired	Jun. 16, 2016
Quick service restaurant | Covington, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 379
Initial Cost to Building & Improvements	722
Gross Amount, Land & Improvements	379
Gross Amount, Building & Improvements	722
Gross Amount, Total	1,101
Accumulated Depreciation	$ 60
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Columbus, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 174
Initial Cost to Building & Improvements	442
Gross Amount, Land & Improvements	174
Gross Amount, Building & Improvements	442
Gross Amount, Total	616
Accumulated Depreciation	$ 36
Year Constructed	1,987
Date Acquired	Jun. 16, 2016
Quick service restaurant | Owensboro, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 263
Initial Cost to Building & Improvements	155
Gross Amount, Land & Improvements	263
Gross Amount, Building & Improvements	155
Gross Amount, Total	418
Accumulated Depreciation	$ 16
Year Constructed	1,986
Date Acquired	Jun. 16, 2016
Quick service restaurant | Tupelo, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 731
Initial Cost to Building & Improvements	329
Gross Amount, Land & Improvements	731
Gross Amount, Building & Improvements	329
Gross Amount, Total	1,060
Accumulated Depreciation	$ 33
Year Constructed	2,000
Date Acquired	Jun. 16, 2016
Quick service restaurant | New Albany, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 295
Initial Cost to Building & Improvements	346
Gross Amount, Land & Improvements	295
Gross Amount, Building & Improvements	346
Gross Amount, Total	641
Accumulated Depreciation	$ 30
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Quick service restaurant | Parkersburg, WV
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 185
Initial Cost to Building & Improvements	570
Gross Amount, Land & Improvements	185
Gross Amount, Building & Improvements	570
Gross Amount, Total	755
Accumulated Depreciation	$ 47
Year Constructed	1,976
Date Acquired	Jun. 16, 2016
Quick service restaurant | Ashland, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 279
Initial Cost to Building & Improvements	858
Gross Amount, Land & Improvements	279
Gross Amount, Building & Improvements	858
Gross Amount, Total	1,137
Accumulated Depreciation	$ 71
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Huntington, WV
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 223
Initial Cost to Building & Improvements	539
Gross Amount, Land & Improvements	223
Gross Amount, Building & Improvements	539
Gross Amount, Total	762
Accumulated Depreciation	$ 45
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | North Little Rock, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 190
Initial Cost to Building & Improvements	450
Gross Amount, Land & Improvements	190
Gross Amount, Building & Improvements	450
Gross Amount, Total	640
Accumulated Depreciation	$ 41
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Quick service restaurant | Jackson, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 400
Initial Cost to Building & Improvements	348
Gross Amount, Land & Improvements	400
Gross Amount, Building & Improvements	348
Gross Amount, Total	748
Accumulated Depreciation	$ 31
Year Constructed	1,981
Date Acquired	Jun. 16, 2016
Quick service restaurant | Madison, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 281
Initial Cost to Building & Improvements	458
Gross Amount, Land & Improvements	281
Gross Amount, Building & Improvements	458
Gross Amount, Total	739
Accumulated Depreciation	$ 37
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Quick service restaurant | Little Rock, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 169
Initial Cost to Building & Improvements	48
Gross Amount, Land & Improvements	169
Gross Amount, Building & Improvements	48
Gross Amount, Total	217
Accumulated Depreciation	$ 11
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Hurricane, WV
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 238
Initial Cost to Building & Improvements	485
Gross Amount, Land & Improvements	238
Gross Amount, Building & Improvements	485
Gross Amount, Total	723
Accumulated Depreciation	$ 40
Year Constructed	1,981
Date Acquired	Jun. 16, 2016
Quick service restaurant | Parkersburg, WV
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 261
Initial Cost to Building & Improvements	513
Gross Amount, Land & Improvements	261
Gross Amount, Building & Improvements	513
Gross Amount, Total	774
Accumulated Depreciation	$ 45
Year Constructed	1,982
Date Acquired	Jun. 16, 2016
Quick service restaurant | Chattanooga, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 407
Initial Cost to Building & Improvements	465
Gross Amount, Land & Improvements	407
Gross Amount, Building & Improvements	465
Gross Amount, Total	872
Accumulated Depreciation	$ 40
Year Constructed	1,983
Date Acquired	Jun. 16, 2016
Quick service restaurant | Knoxville, TB
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 352
Initial Cost to Building & Improvements	347
Gross Amount, Land & Improvements	352
Gross Amount, Building & Improvements	347
Gross Amount, Total	699
Accumulated Depreciation	$ 30
Year Constructed	1,981
Date Acquired	Jun. 16, 2016
Quick service restaurant | Jacksonville, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 284
Initial Cost to Building & Improvements	152
Gross Amount, Land & Improvements	284
Gross Amount, Building & Improvements	152
Gross Amount, Total	436
Accumulated Depreciation	$ 17
Year Constructed	1,986
Date Acquired	Jun. 16, 2016
Quick service restaurant | Knoxville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 394
Initial Cost to Building & Improvements	271
Gross Amount, Land & Improvements	394
Gross Amount, Building & Improvements	271
Gross Amount, Total	665
Accumulated Depreciation	$ 25
Year Constructed	1,982
Date Acquired	Jun. 16, 2016
Quick service restaurant | Forestdale, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 241
Initial Cost to Building & Improvements	613
Gross Amount, Land & Improvements	241
Gross Amount, Building & Improvements	613
Gross Amount, Total	854
Accumulated Depreciation	$ 50
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Quick service restaurant | Louisville, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 319
Initial Cost to Building & Improvements	238
Gross Amount, Land & Improvements	319
Gross Amount, Building & Improvements	238
Gross Amount, Total	557
Accumulated Depreciation	$ 25
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Quick service restaurant | Festus, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 195
Initial Cost to Building & Improvements	802
Gross Amount, Land & Improvements	195
Gross Amount, Building & Improvements	802
Gross Amount, Total	997
Accumulated Depreciation	$ 63
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Jacksonville, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 330
Initial Cost to Building & Improvements	542
Gross Amount, Land & Improvements	330
Gross Amount, Building & Improvements	542
Gross Amount, Total	872
Accumulated Depreciation	$ 47
Year Constructed	1,976
Date Acquired	Jun. 16, 2016
Quick service restaurant | Jacksonville, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 220
Initial Cost to Building & Improvements	701
Gross Amount, Land & Improvements	220
Gross Amount, Building & Improvements	701
Gross Amount, Total	921
Accumulated Depreciation	$ 60
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Winter Garden, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 326
Initial Cost to Building & Improvements	383
Gross Amount, Land & Improvements	326
Gross Amount, Building & Improvements	383
Gross Amount, Total	709
Accumulated Depreciation	$ 35
Year Constructed	1,987
Date Acquired	Jun. 16, 2016
Quick service restaurant | Sanford, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 350
Initial Cost to Building & Improvements	375
Gross Amount, Land & Improvements	350
Gross Amount, Building & Improvements	375
Gross Amount, Total	725
Accumulated Depreciation	$ 38
Year Constructed	1,986
Date Acquired	Jun. 16, 2016
Quick service restaurant | Lebanon, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 311
Initial Cost to Building & Improvements	736
Gross Amount, Land & Improvements	311
Gross Amount, Building & Improvements	736
Gross Amount, Total	1,047
Accumulated Depreciation	$ 70
Year Constructed	1,974
Date Acquired	Jun. 16, 2016
Quick service restaurant | Prattville, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 551
Initial Cost to Building & Improvements	524
Gross Amount, Land & Improvements	551
Gross Amount, Building & Improvements	524
Gross Amount, Total	1,075
Accumulated Depreciation	$ 46
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Quick service restaurant | Calhoun, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 346
Initial Cost to Building & Improvements	673
Gross Amount, Land & Improvements	346
Gross Amount, Building & Improvements	673
Gross Amount, Total	1,019
Accumulated Depreciation	$ 57
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Springfield, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 211
Initial Cost to Building & Improvements	81
Gross Amount, Land & Improvements	211
Gross Amount, Building & Improvements	81
Gross Amount, Total	292
Accumulated Depreciation	$ 10
Year Constructed	1,990
Date Acquired	Jun. 16, 2016
Quick service restaurant | Mableton, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 152
Initial Cost to Building & Improvements	366
Gross Amount, Land & Improvements	152
Gross Amount, Building & Improvements	366
Gross Amount, Total	518
Accumulated Depreciation	$ 32
Year Constructed	1,977
Date Acquired	Jun. 16, 2016
Quick service restaurant | Brunswick, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 532
Initial Cost to Building & Improvements	137
Gross Amount, Land & Improvements	532
Gross Amount, Building & Improvements	137
Gross Amount, Total	669
Accumulated Depreciation	$ 16
Year Constructed	1,995
Date Acquired	Jun. 16, 2016
Quick service restaurant | Summerville, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 215
Initial Cost to Building & Improvements	720
Gross Amount, Land & Improvements	215
Gross Amount, Building & Improvements	720
Gross Amount, Total	935
Accumulated Depreciation	$ 61
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Quick service restaurant | Thomaston, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 193
Initial Cost to Building & Improvements	364
Gross Amount, Land & Improvements	193
Gross Amount, Building & Improvements	364
Gross Amount, Total	557
Accumulated Depreciation	$ 34
Year Constructed	1,987
Date Acquired	Jun. 16, 2016
Quick service restaurant | Smyrna, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 392
Initial Cost to Building & Improvements	311
Gross Amount, Land & Improvements	392
Gross Amount, Building & Improvements	311
Gross Amount, Total	703
Accumulated Depreciation	$ 29
Year Constructed	1,981
Date Acquired	Jun. 16, 2016
Quick service restaurant | Smyrna, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 221
Initial Cost to Building & Improvements	556
Gross Amount, Land & Improvements	221
Gross Amount, Building & Improvements	556
Gross Amount, Total	777
Accumulated Depreciation	$ 46
Year Constructed	1,982
Date Acquired	Jun. 16, 2016
Quick service restaurant | Tullahoma, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 226
Initial Cost to Building & Improvements	701
Gross Amount, Land & Improvements	226
Gross Amount, Building & Improvements	701
Gross Amount, Total	927
Accumulated Depreciation	$ 61
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Quick service restaurant | Shelbyville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 323
Initial Cost to Building & Improvements	456
Gross Amount, Land & Improvements	323
Gross Amount, Building & Improvements	456
Gross Amount, Total	779
Accumulated Depreciation	$ 40
Year Constructed	1,976
Date Acquired	Jun. 16, 2016
Quick service restaurant | Dallas, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 260
Initial Cost to Building & Improvements	832
Gross Amount, Land & Improvements	260
Gross Amount, Building & Improvements	832
Gross Amount, Total	1,092
Accumulated Depreciation	$ 73
Year Constructed	1,985
Date Acquired	Jun. 16, 2016
Quick service restaurant | North Charleston, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 121
Initial Cost to Building & Improvements	459
Gross Amount, Land & Improvements	121
Gross Amount, Building & Improvements	459
Gross Amount, Total	580
Accumulated Depreciation	$ 38
Year Constructed	1,990
Date Acquired	Jun. 16, 2016
Quick service restaurant | LaGrange, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 207
Initial Cost to Building & Improvements	562
Gross Amount, Land & Improvements	207
Gross Amount, Building & Improvements	562
Gross Amount, Total	769
Accumulated Depreciation	$ 48
Year Constructed	1,985
Date Acquired	Jun. 16, 2016
Quick service restaurant | Cullman, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 260
Initial Cost to Building & Improvements	723
Gross Amount, Land & Improvements	260
Gross Amount, Building & Improvements	723
Gross Amount, Total	983
Accumulated Depreciation	$ 63
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Quick service restaurant | Batesville, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 125
Initial Cost to Building & Improvements	551
Gross Amount, Land & Improvements	125
Gross Amount, Building & Improvements	551
Gross Amount, Total	676
Accumulated Depreciation	$ 46
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Quick service restaurant | Phenix City, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 273
Initial Cost to Building & Improvements	665
Gross Amount, Land & Improvements	273
Gross Amount, Building & Improvements	665
Gross Amount, Total	938
Accumulated Depreciation	$ 61
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Montgomery, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 333
Initial Cost to Building & Improvements	349
Gross Amount, Land & Improvements	333
Gross Amount, Building & Improvements	349
Gross Amount, Total	682
Accumulated Depreciation	$ 33
Year Constructed	1,986
Date Acquired	Jun. 16, 2016
Quick service restaurant | Starke, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 240
Initial Cost to Building & Improvements	468
Gross Amount, Land & Improvements	240
Gross Amount, Building & Improvements	468
Gross Amount, Total	708
Accumulated Depreciation	$ 43
Year Constructed	1,980
Date Acquired	Jun. 16, 2016
Quick service restaurant | Madisonville, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 302
Initial Cost to Building & Improvements	426
Gross Amount, Land & Improvements	302
Gross Amount, Building & Improvements	426
Gross Amount, Total	728
Accumulated Depreciation	$ 38
Year Constructed	1,976
Date Acquired	Jun. 16, 2016
Quick service restaurant | Marietta, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 175
Initial Cost to Building & Improvements	506
Gross Amount, Land & Improvements	175
Gross Amount, Building & Improvements	506
Gross Amount, Total	681
Accumulated Depreciation	$ 41
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Hueytown, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 133
Initial Cost to Building & Improvements	711
Gross Amount, Land & Improvements	133
Gross Amount, Building & Improvements	711
Gross Amount, Total	844
Accumulated Depreciation	$ 59
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Gallipolis, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 247
Initial Cost to Building & Improvements	722
Gross Amount, Land & Improvements	247
Gross Amount, Building & Improvements	722
Gross Amount, Total	969
Accumulated Depreciation	$ 63
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Valdosta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 236
Initial Cost to Building & Improvements	545
Gross Amount, Land & Improvements	236
Gross Amount, Building & Improvements	545
Gross Amount, Total	781
Accumulated Depreciation	$ 45
Year Constructed	1,980
Date Acquired	Jun. 16, 2016
Quick service restaurant | Douglas, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 243
Initial Cost to Building & Improvements	557
Gross Amount, Land & Improvements	243
Gross Amount, Building & Improvements	557
Gross Amount, Total	800
Accumulated Depreciation	$ 46
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Quick service restaurant | Fayetteville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 300
Initial Cost to Building & Improvements	506
Gross Amount, Land & Improvements	300
Gross Amount, Building & Improvements	506
Gross Amount, Total	806
Accumulated Depreciation	$ 43
Year Constructed	1,984
Date Acquired	Jun. 16, 2016
Quick service restaurant | Troy, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 183
Initial Cost to Building & Improvements	520
Gross Amount, Land & Improvements	183
Gross Amount, Building & Improvements	520
Gross Amount, Total	703
Accumulated Depreciation	$ 44
Year Constructed	1,985
Date Acquired	Jun. 16, 2016
Quick service restaurant | Wetumpka, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 273
Initial Cost to Building & Improvements	416
Gross Amount, Land & Improvements	273
Gross Amount, Building & Improvements	416
Gross Amount, Total	689
Accumulated Depreciation	$ 37
Year Constructed	1,986
Date Acquired	Jun. 16, 2016
Quick service restaurant | St. Albans, WV
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 154
Initial Cost to Building & Improvements	491
Gross Amount, Land & Improvements	154
Gross Amount, Building & Improvements	491
Gross Amount, Total	645
Accumulated Depreciation	$ 40
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Quick service restaurant | Huntington, WV
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 233
Initial Cost to Building & Improvements	540
Gross Amount, Land & Improvements	233
Gross Amount, Building & Improvements	540
Gross Amount, Total	773
Accumulated Depreciation	$ 45
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Quick service restaurant | Newburgh, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 913
Initial Cost to Building & Improvements	738
Gross Amount, Land & Improvements	913
Gross Amount, Building & Improvements	738
Gross Amount, Total	1,651
Accumulated Depreciation	$ 86
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Quick service restaurant | Erie, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 444
Initial Cost to Building & Improvements	562
Gross Amount, Land & Improvements	444
Gross Amount, Building & Improvements	562
Gross Amount, Total	1,006
Accumulated Depreciation	$ 63
Year Constructed	1,977
Date Acquired	Jun. 16, 2016
Quick service restaurant | Dickson, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 292
Initial Cost to Building & Improvements	79
Cost Capitalized Subsequent to Acquisition Building & Improvements	29
Gross Amount, Land & Improvements	292
Gross Amount, Building & Improvements	108
Gross Amount, Total	400
Accumulated Depreciation	$ 11
Year Constructed	1,977
Date Acquired	Jun. 16, 2016
Quick service restaurant | South Daytona, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 416
Initial Cost to Building & Improvements	668
Gross Amount, Land & Improvements	416
Gross Amount, Building & Improvements	668
Gross Amount, Total	1,084
Accumulated Depreciation	$ 61
Year Constructed	1,984
Date Acquired	Jun. 16, 2016
Quick service restaurant | Milford, NH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 409
Initial Cost to Building & Improvements	355
Gross Amount, Land & Improvements	409
Gross Amount, Building & Improvements	355
Gross Amount, Total	764
Accumulated Depreciation	$ 38
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Quick service restaurant | Portland, OR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 252
Initial Cost to Building & Improvements	131
Gross Amount, Land & Improvements	252
Gross Amount, Building & Improvements	131
Gross Amount, Total	383
Accumulated Depreciation	$ 16
Year Constructed	2,015
Date Acquired	Jun. 16, 2016
Quick service restaurant | Superior, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 370
Initial Cost to Building & Improvements	434
Gross Amount, Land & Improvements	370
Gross Amount, Building & Improvements	434
Gross Amount, Total	804
Accumulated Depreciation	$ 40
Year Constructed	2,002
Date Acquired	Jun. 16, 2016
Quick service restaurant | Jacksonville, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 872
Initial Cost to Building & Improvements	354
Gross Amount, Land & Improvements	872
Gross Amount, Building & Improvements	354
Gross Amount, Total	1,226
Accumulated Depreciation	$ 32
Year Constructed	2,006
Date Acquired	Jun. 16, 2016
Quick service restaurant | Augusta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 272
Initial Cost to Building & Improvements	26
Cost Capitalized Subsequent to Acquisition Building & Improvements	(26)
Gross Amount, Land & Improvements	272
Gross Amount, Total	272
Accumulated Depreciation	$ 15
Date Acquired	Jun. 16, 2016
Quick service restaurant | Warner Robins, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 130
Initial Cost to Building & Improvements	174
Gross Amount, Land & Improvements	130
Gross Amount, Building & Improvements	174
Gross Amount, Total	304
Accumulated Depreciation	$ 20
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Quick service restaurant | Beloit, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 144
Initial Cost to Building & Improvements	1,134
Gross Amount, Land & Improvements	144
Gross Amount, Building & Improvements	1,134
Gross Amount, Total	1,278
Accumulated Depreciation	$ 82
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Quick service restaurant | Mansfield, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 91
Initial Cost to Building & Improvements	112
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(42)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(52)
Gross Amount, Land & Improvements	49
Gross Amount, Building & Improvements	60
Gross Amount, Total	109
Accumulated Depreciation	$ 12
Year Constructed	1,988
Date Acquired	Sep. 16, 2016
Quick service restaurant | Saint Louis, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 756
Initial Cost to Building & Improvements	317
Gross Amount, Land & Improvements	756
Gross Amount, Building & Improvements	317
Gross Amount, Total	1,073
Accumulated Depreciation	$ 36
Year Constructed	1,972
Date Acquired	Sep. 16, 2016
Quick service restaurant | Burlington, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 444
Initial Cost to Building & Improvements	1,171
Gross Amount, Land & Improvements	444
Gross Amount, Building & Improvements	1,171
Gross Amount, Total	1,615
Accumulated Depreciation	$ 89
Year Constructed	1,976
Date Acquired	Nov. 15, 2016
Quick service restaurant | Muscatine, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 264
Initial Cost to Building & Improvements	854
Gross Amount, Land & Improvements	264
Gross Amount, Building & Improvements	854
Gross Amount, Total	1,118
Accumulated Depreciation	$ 65
Year Constructed	1,993
Date Acquired	Nov. 15, 2016
Quick service restaurant | Fort Madison, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 304
Initial Cost to Building & Improvements	1,284
Gross Amount, Land & Improvements	304
Gross Amount, Building & Improvements	1,284
Gross Amount, Total	1,588
Accumulated Depreciation	$ 97
Year Constructed	1,987
Date Acquired	Nov. 15, 2016
Quick service restaurant | Mason City, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 309
Initial Cost to Building & Improvements	908
Gross Amount, Land & Improvements	309
Gross Amount, Building & Improvements	908
Gross Amount, Total	1,217
Accumulated Depreciation	$ 69
Year Constructed	1,989
Date Acquired	Nov. 15, 2016
Quick service restaurant | Cedar Falls, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 375
Initial Cost to Building & Improvements	771
Gross Amount, Land & Improvements	375
Gross Amount, Building & Improvements	771
Gross Amount, Total	1,146
Accumulated Depreciation	$ 58
Year Constructed	2,004
Date Acquired	Nov. 15, 2016
Quick service restaurant | Nebraska City, NE
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 363
Initial Cost to Building & Improvements	748
Gross Amount, Land & Improvements	363
Gross Amount, Building & Improvements	748
Gross Amount, Total	1,111
Accumulated Depreciation	$ 57
Year Constructed	2,014
Date Acquired	Nov. 15, 2016
Quick service restaurant | Plattsmouth, NE
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 304
Initial Cost to Building & Improvements	1,302
Gross Amount, Land & Improvements	304
Gross Amount, Building & Improvements	1,302
Gross Amount, Total	1,606
Accumulated Depreciation	$ 99
Year Constructed	1,999
Date Acquired	Nov. 15, 2016
Quick service restaurant | Red Oak, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 254
Initial Cost to Building & Improvements	1,010
Gross Amount, Land & Improvements	254
Gross Amount, Building & Improvements	1,010
Gross Amount, Total	1,264
Accumulated Depreciation	$ 77
Year Constructed	2,000
Date Acquired	Nov. 15, 2016
Quick service restaurant | Baden, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 191
Initial Cost to Building & Improvements	245
Gross Amount, Land & Improvements	191
Gross Amount, Building & Improvements	245
Gross Amount, Total	436
Accumulated Depreciation	$ 38
Year Constructed	1,962
Date Acquired	Dec. 28, 2016
Quick service restaurant | Cedartown, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 258
Initial Cost to Building & Improvements	812
Gross Amount, Land & Improvements	258
Gross Amount, Building & Improvements	812
Gross Amount, Total	1,070
Accumulated Depreciation	$ 46
Year Constructed	1,987
Date Acquired	Mar. 9, 2017
Quick service restaurant | Forsyth, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 464
Initial Cost to Building & Improvements	808
Gross Amount, Land & Improvements	464
Gross Amount, Building & Improvements	808
Gross Amount, Total	1,272
Accumulated Depreciation	$ 46
Year Constructed	1,989
Date Acquired	Mar. 9, 2017
Quick service restaurant | Inverness, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 382
Initial Cost to Building & Improvements	493
Gross Amount, Land & Improvements	382
Gross Amount, Building & Improvements	493
Gross Amount, Total	875
Accumulated Depreciation	$ 34
Year Constructed	2,003
Date Acquired	May 30, 2017
Quick service restaurant | Crystal River, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 362
Initial Cost to Building & Improvements	523
Gross Amount, Land & Improvements	362
Gross Amount, Building & Improvements	523
Gross Amount, Total	885
Accumulated Depreciation	$ 32
Year Constructed	2,006
Date Acquired	May 30, 2017
Quick service restaurant | Nashville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 181
Initial Cost to Building & Improvements	513
Gross Amount, Land & Improvements	181
Gross Amount, Building & Improvements	513
Gross Amount, Total	694
Accumulated Depreciation	$ 30
Year Constructed	1,991
Date Acquired	Jun. 6, 2017
Quick service restaurant | Algona, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 150
Initial Cost to Building & Improvements	528
Gross Amount, Land & Improvements	150
Gross Amount, Building & Improvements	528
Gross Amount, Total	678
Accumulated Depreciation	$ 26
Year Constructed	1,993
Date Acquired	Aug. 10, 2017
Quick service restaurant | Soperton, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 312
Initial Cost to Building & Improvements	443
Gross Amount, Land & Improvements	312
Gross Amount, Building & Improvements	443
Gross Amount, Total	755
Accumulated Depreciation	$ 31
Year Constructed	1,992
Date Acquired	Jun. 6, 2017
Quick service restaurant | Gray, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 293
Initial Cost to Building & Improvements	374
Gross Amount, Land & Improvements	293
Gross Amount, Building & Improvements	374
Gross Amount, Total	667
Accumulated Depreciation	$ 17
Year Constructed	1,992
Date Acquired	Nov. 10, 2017
Quick service restaurant | Sandersville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 283
Initial Cost to Building & Improvements	515
Gross Amount, Land & Improvements	283
Gross Amount, Building & Improvements	515
Gross Amount, Total	798
Accumulated Depreciation	$ 22
Year Constructed	1,989
Date Acquired	Nov. 10, 2017
Quick service restaurant | Valley, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 185
Initial Cost to Building & Improvements	302
Gross Amount, Land & Improvements	185
Gross Amount, Building & Improvements	302
Gross Amount, Total	487
Accumulated Depreciation	$ 12
Year Constructed	2,004
Date Acquired	Dec. 19, 2017
Quick service restaurant | Selma, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 175
Initial Cost to Building & Improvements	409
Gross Amount, Land & Improvements	175
Gross Amount, Building & Improvements	409
Gross Amount, Total	584
Accumulated Depreciation	$ 15
Year Constructed	1,996
Date Acquired	Dec. 19, 2017
Quick service restaurant | Barnesville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 243
Initial Cost to Building & Improvements	414
Gross Amount, Land & Improvements	243
Gross Amount, Building & Improvements	414
Gross Amount, Total	657
Accumulated Depreciation	$ 19
Year Constructed	1,996
Date Acquired	Nov. 10, 2017
Quick service restaurant | Sylacauga, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 166
Initial Cost to Building & Improvements	351
Gross Amount, Land & Improvements	166
Gross Amount, Building & Improvements	351
Gross Amount, Total	517
Accumulated Depreciation	$ 13
Year Constructed	1,976
Date Acquired	Dec. 19, 2017
Quick service restaurant | Daleville, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 127
Initial Cost to Building & Improvements	409
Gross Amount, Land & Improvements	127
Gross Amount, Building & Improvements	409
Gross Amount, Total	536
Accumulated Depreciation	$ 13
Year Constructed	1,983
Date Acquired	Dec. 19, 2017
Quick service restaurant | Hutchinson, KS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 194
Initial Cost to Building & Improvements	777
Gross Amount, Land & Improvements	194
Gross Amount, Building & Improvements	777
Gross Amount, Total	971
Accumulated Depreciation	$ 28
Year Constructed	1,971
Date Acquired	Nov. 16, 2017
Quick service restaurant | Roanoke, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 224
Initial Cost to Building & Improvements	526
Gross Amount, Land & Improvements	224
Gross Amount, Building & Improvements	526
Gross Amount, Total	750
Accumulated Depreciation	$ 19
Year Constructed	1,990
Date Acquired	Dec. 19, 2017
Quick service restaurant | Jasper, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 370
Initial Cost to Building & Improvements	331
Gross Amount, Land & Improvements	370
Gross Amount, Building & Improvements	331
Gross Amount, Total	701
Accumulated Depreciation	$ 16
Year Constructed	2,005
Date Acquired	Dec. 19, 2017
Quick service restaurant | Alexander City, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 263
Initial Cost to Building & Improvements	506
Gross Amount, Land & Improvements	263
Gross Amount, Building & Improvements	506
Gross Amount, Total	769
Accumulated Depreciation	$ 19
Year Constructed	2,004
Date Acquired	Dec. 19, 2017
Quick service restaurant | Headland, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 273
Initial Cost to Building & Improvements	370
Gross Amount, Land & Improvements	273
Gross Amount, Building & Improvements	370
Gross Amount, Total	643
Accumulated Depreciation	$ 19
Year Constructed	2,007
Date Acquired	Dec. 19, 2017
Quick service restaurant | Tallassee, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 195
Initial Cost to Building & Improvements	302
Gross Amount, Land & Improvements	195
Gross Amount, Building & Improvements	302
Gross Amount, Total	497
Accumulated Depreciation	$ 13
Year Constructed	2,008
Date Acquired	Dec. 19, 2017
Quick service restaurant | Talladega, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 88
Initial Cost to Building & Improvements	273
Gross Amount, Land & Improvements	88
Gross Amount, Building & Improvements	273
Gross Amount, Total	361
Accumulated Depreciation	$ 10
Year Constructed	1,999
Date Acquired	Dec. 19, 2017
Quick service restaurant | Enterprise, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 166
Initial Cost to Building & Improvements	380
Gross Amount, Land & Improvements	166
Gross Amount, Building & Improvements	380
Gross Amount, Total	546
Accumulated Depreciation	$ 14
Year Constructed	1,974
Date Acquired	Dec. 19, 2017
Quick service restaurant | Childersburg, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 195
Initial Cost to Building & Improvements	302
Gross Amount, Land & Improvements	195
Gross Amount, Building & Improvements	302
Gross Amount, Total	497
Accumulated Depreciation	$ 11
Year Constructed	1,989
Date Acquired	Dec. 19, 2017
Quick service restaurant | Jasper, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 226
Initial Cost to Building & Improvements	931
Gross Amount, Land & Improvements	226
Gross Amount, Building & Improvements	931
Gross Amount, Total	1,157
Accumulated Depreciation	$ 30
Year Constructed	1,998
Date Acquired	Dec. 22, 2017
Other Services | Nashville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 332
Initial Cost to Building & Improvements	106
Gross Amount, Land & Improvements	332
Gross Amount, Building & Improvements	106
Gross Amount, Total	438
Accumulated Depreciation	$ 19
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Other Services | Landrum, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 214
Initial Cost to Building & Improvements	87
Gross Amount, Land & Improvements	214
Gross Amount, Building & Improvements	87
Gross Amount, Total	301
Accumulated Depreciation	$ 13
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Other Services | Covington, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 849
Initial Cost to Building & Improvements	3,309
Gross Amount, Land & Improvements	849
Gross Amount, Building & Improvements	3,309
Gross Amount, Total	4,158
Accumulated Depreciation	$ 64
Year Constructed	1,991
Date Acquired	Jun. 1, 2018
Other Services | Anniston, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 312
Initial Cost to Building & Improvements	176
Gross Amount, Land & Improvements	312
Gross Amount, Building & Improvements	176
Gross Amount, Total	488
Accumulated Depreciation	$ 23
Year Constructed	1,992
Date Acquired	Sep. 16, 2016
Other Services | Cave Creek, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,789
Initial Cost to Building & Improvements	2,540
Gross Amount, Land & Improvements	1,789
Gross Amount, Building & Improvements	2,540
Gross Amount, Total	4,329
Accumulated Depreciation	$ 62
Year Constructed	2,008
Date Acquired	Apr. 5, 2018
Other Services | Maricopa, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,057
Initial Cost to Building & Improvements	1,057
Gross Amount, Land & Improvements	1,057
Gross Amount, Building & Improvements	1,057
Gross Amount, Total	2,114
Accumulated Depreciation	$ 28
Year Constructed	2,008
Date Acquired	Apr. 5, 2018
Other Services | Erwin, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 713
Initial Cost to Building & Improvements	1,484
Gross Amount, Land & Improvements	713
Gross Amount, Building & Improvements	1,484
Gross Amount, Total	2,197
Accumulated Depreciation	$ 28
Year Constructed	1,981
Date Acquired	Jun. 1, 2018
Other Services | Sparta, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 713
Initial Cost to Building & Improvements	1,942
Gross Amount, Land & Improvements	713
Gross Amount, Building & Improvements	1,942
Gross Amount, Total	2,655
Accumulated Depreciation	$ 41
Year Constructed	1,973
Date Acquired	Jun. 1, 2018
Other Services | Kingsport, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,220
Initial Cost to Building & Improvements	3,143
Gross Amount, Land & Improvements	1,220
Gross Amount, Building & Improvements	3,143
Gross Amount, Total	4,363
Accumulated Depreciation	$ 68
Year Constructed	1,979
Date Acquired	Jun. 1, 2018
Other Services | Cleveland, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 673
Initial Cost to Building & Improvements	1,083
Gross Amount, Land & Improvements	673
Gross Amount, Building & Improvements	1,083
Gross Amount, Total	1,756
Accumulated Depreciation	$ 21
Year Constructed	1,975
Date Acquired	Jun. 1, 2018
Other Services | Cleveland, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 615
Initial Cost to Building & Improvements	2,938
Gross Amount, Land & Improvements	615
Gross Amount, Building & Improvements	2,938
Gross Amount, Total	3,553
Accumulated Depreciation	$ 47
Year Constructed	1,964
Date Acquired	Jun. 1, 2018
Other Services | Castlewood, VA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,259
Initial Cost to Building & Improvements	1,786
Gross Amount, Land & Improvements	1,259
Gross Amount, Building & Improvements	1,786
Gross Amount, Total	3,045
Accumulated Depreciation	$ 41
Year Constructed	1,991
Date Acquired	Jun. 1, 2018
Other Services | Harlem, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 703
Initial Cost to Building & Improvements	1,610
Gross Amount, Land & Improvements	703
Gross Amount, Building & Improvements	1,610
Gross Amount, Total	2,313
Accumulated Depreciation	$ 31
Year Constructed	1,895
Date Acquired	Jun. 1, 2018
Other Services | London, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 937
Initial Cost to Building & Improvements	2,391
Gross Amount, Land & Improvements	937
Gross Amount, Building & Improvements	2,391
Gross Amount, Total	3,328
Accumulated Depreciation	$ 50
Year Constructed	1,999
Date Acquired	Jun. 1, 2018
Other Services | Elizabethton, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 254
Initial Cost to Building & Improvements	517
Gross Amount, Land & Improvements	254
Gross Amount, Building & Improvements	517
Gross Amount, Total	771
Accumulated Depreciation	$ 13
Year Constructed	2,010
Date Acquired	Jun. 1, 2018
Other Services | Elizabethton, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 488
Initial Cost to Building & Improvements	849
Gross Amount, Land & Improvements	488
Gross Amount, Building & Improvements	849
Gross Amount, Total	1,337
Accumulated Depreciation	$ 17
Year Constructed	1,996
Date Acquired	Jun. 1, 2018
Other Services | Mountain City, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 78
Initial Cost to Building & Improvements	176
Gross Amount, Land & Improvements	78
Gross Amount, Building & Improvements	176
Gross Amount, Total	254
Accumulated Depreciation	$ 3
Year Constructed	1,936
Date Acquired	Jun. 1, 2018
Other Services | Sarasota, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 442
Gross Amount, Land & Improvements	442
Gross Amount, Total	$ 442
Date Acquired	May 24, 2018
Other Services | Bluff City, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 146
Initial Cost to Building & Improvements	1,347
Gross Amount, Land & Improvements	146
Gross Amount, Building & Improvements	1,347
Gross Amount, Total	1,493
Accumulated Depreciation	$ 21
Year Constructed	1,949
Date Acquired	Jun. 1, 2018
Other Services | Mesa, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,329
Initial Cost to Building & Improvements	1,531
Gross Amount, Land & Improvements	1,329
Gross Amount, Building & Improvements	1,531
Gross Amount, Total	2,860
Accumulated Depreciation	$ 25
Year Constructed	1,990
Date Acquired	Jul. 13, 2018
Other Services | Chandler, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,775
Initial Cost to Building & Improvements	3,033
Gross Amount, Land & Improvements	1,775
Gross Amount, Building & Improvements	3,033
Gross Amount, Total	4,808
Accumulated Depreciation	$ 48
Year Constructed	2,002
Date Acquired	Jul. 13, 2018
Other Services | Green Valley, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 913
Initial Cost to Building & Improvements	2,454
Gross Amount, Land & Improvements	913
Gross Amount, Building & Improvements	2,454
Gross Amount, Total	3,367
Accumulated Depreciation	$ 37
Year Constructed	2,015
Date Acquired	Jul. 13, 2018
Other Services | Georgetown, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 753
Gross Amount, Land & Improvements	753
Gross Amount, Total	$ 753
Date Acquired	Dec. 21, 2018
Other Services | Middleburg, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 803
Gross Amount, Land & Improvements	803
Gross Amount, Total	$ 803
Date Acquired	Dec. 21, 2018
Family Dining Restaurants | Palatine, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 926
Initial Cost to Building & Improvements	354
Gross Amount, Land & Improvements	926
Gross Amount, Building & Improvements	354
Gross Amount, Total	1,280
Accumulated Depreciation	$ 45
Year Constructed	1,990
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | La Grange, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 446
Initial Cost to Building & Improvements	851
Gross Amount, Land & Improvements	446
Gross Amount, Building & Improvements	851
Gross Amount, Total	1,297
Accumulated Depreciation	$ 69
Year Constructed	1,990
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Jacksonville, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,086
Initial Cost to Building & Improvements	957
Gross Amount, Land & Improvements	1,086
Gross Amount, Building & Improvements	957
Gross Amount, Total	2,043
Accumulated Depreciation	$ 116
Year Constructed	1,997
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Coon Rapids, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 635
Initial Cost to Building & Improvements	856
Gross Amount, Land & Improvements	635
Gross Amount, Building & Improvements	856
Gross Amount, Total	1,491
Accumulated Depreciation	$ 80
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Mankato, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 700
Initial Cost to Building & Improvements	585
Gross Amount, Land & Improvements	700
Gross Amount, Building & Improvements	585
Gross Amount, Total	1,285
Accumulated Depreciation	$ 69
Year Constructed	1,992
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Merrillville, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 797
Initial Cost to Building & Improvements	322
Gross Amount, Land & Improvements	797
Gross Amount, Building & Improvements	322
Gross Amount, Total	1,119
Accumulated Depreciation	$ 30
Year Constructed	1,977
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Blaine, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 609
Initial Cost to Building & Improvements	780
Gross Amount, Land & Improvements	609
Gross Amount, Building & Improvements	780
Gross Amount, Total	1,389
Accumulated Depreciation	$ 73
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Green Bay, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 549
Initial Cost to Building & Improvements	373
Gross Amount, Land & Improvements	549
Gross Amount, Building & Improvements	373
Gross Amount, Total	922
Accumulated Depreciation	$ 49
Year Constructed	1,977
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Appleton, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 441
Initial Cost to Building & Improvements	590
Gross Amount, Land & Improvements	441
Gross Amount, Building & Improvements	590
Gross Amount, Total	1,031
Accumulated Depreciation	$ 62
Year Constructed	1,977
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Waterloo, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 466
Initial Cost to Building & Improvements	391
Gross Amount, Land & Improvements	466
Gross Amount, Building & Improvements	391
Gross Amount, Total	857
Accumulated Depreciation	$ 47
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | St. Joseph, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 559
Initial Cost to Building & Improvements	371
Gross Amount, Land & Improvements	559
Gross Amount, Building & Improvements	371
Gross Amount, Total	930
Accumulated Depreciation	$ 45
Year Constructed	1,978
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Gladstone, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 479
Initial Cost to Building & Improvements	783
Gross Amount, Land & Improvements	479
Gross Amount, Building & Improvements	783
Gross Amount, Total	1,262
Accumulated Depreciation	$ 70
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Brainerd, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 761
Initial Cost to Building & Improvements	547
Gross Amount, Land & Improvements	761
Gross Amount, Building & Improvements	547
Gross Amount, Total	1,308
Accumulated Depreciation	$ 57
Year Constructed	1,990
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Bismarck, ND
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 748
Initial Cost to Building & Improvements	491
Gross Amount, Land & Improvements	748
Gross Amount, Building & Improvements	491
Gross Amount, Total	1,239
Accumulated Depreciation	$ 52
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Cedar Rapids, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 804
Initial Cost to Building & Improvements	563
Gross Amount, Land & Improvements	804
Gross Amount, Building & Improvements	563
Gross Amount, Total	1,367
Accumulated Depreciation	$ 57
Year Constructed	1,994
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Urbana, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 729
Initial Cost to Building & Improvements	87
Gross Amount, Land & Improvements	729
Gross Amount, Building & Improvements	87
Gross Amount, Total	816
Accumulated Depreciation	$ 18
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Brooklyn Park, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 725
Initial Cost to Building & Improvements	693
Gross Amount, Land & Improvements	725
Gross Amount, Building & Improvements	693
Gross Amount, Total	1,418
Accumulated Depreciation	$ 73
Year Constructed	1,997
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Albert Lea, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 337
Initial Cost to Building & Improvements	463
Gross Amount, Land & Improvements	337
Gross Amount, Building & Improvements	463
Gross Amount, Total	800
Accumulated Depreciation	$ 52
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Crystal, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 821
Initial Cost to Building & Improvements	178
Gross Amount, Land & Improvements	821
Gross Amount, Building & Improvements	178
Gross Amount, Total	999
Accumulated Depreciation	$ 31
Year Constructed	1,975
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Leesburg, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 808
Initial Cost to Building & Improvements	720
Gross Amount, Land & Improvements	808
Gross Amount, Building & Improvements	720
Gross Amount, Total	1,528
Accumulated Depreciation	$ 93
Year Constructed	2,007
Date Acquired	Jun. 16, 2016
Family Dining Restaurants | Salem, NH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 131
Initial Cost to Building & Improvements	232
Gross Amount, Land & Improvements	131
Gross Amount, Building & Improvements	232
Gross Amount, Total	363
Accumulated Depreciation	$ 33
Year Constructed	1,998
Date Acquired	Sep. 16, 2016
Casual Dining Restaurants | Plano, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 207
Initial Cost to Building & Improvements	424
Gross Amount, Land & Improvements	207
Gross Amount, Building & Improvements	424
Gross Amount, Total	631
Accumulated Depreciation	$ 61
Year Constructed	1,998
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Corpus Christi, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,160
Gross Amount, Land & Improvements	1,160
Gross Amount, Total	$ 1,160
Year Constructed	2,015
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Centennial, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,593
Initial Cost to Building & Improvements	3,400
Gross Amount, Land & Improvements	1,593
Gross Amount, Building & Improvements	3,400
Gross Amount, Total	4,993
Accumulated Depreciation	$ 238
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Virginia Beach, VA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 90
Initial Cost to Building & Improvements	192
Gross Amount, Land & Improvements	90
Gross Amount, Building & Improvements	192
Gross Amount, Total	282
Accumulated Depreciation	$ 27
Year Constructed	1,997
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Thomasville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 903
Initial Cost to Building & Improvements	233
Gross Amount, Land & Improvements	903
Gross Amount, Building & Improvements	233
Gross Amount, Total	1,136
Accumulated Depreciation	$ 36
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Grapevine, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,385
Initial Cost to Building & Improvements	977
Gross Amount, Land & Improvements	1,385
Gross Amount, Building & Improvements	977
Gross Amount, Total	2,362
Accumulated Depreciation	$ 93
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Omaha, NE
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 465
Initial Cost to Building & Improvements	1,184
Gross Amount, Land & Improvements	465
Gross Amount, Building & Improvements	1,184
Gross Amount, Total	1,649
Accumulated Depreciation	$ 90
Year Constructed	1,979
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | West Monroe, LA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 343
Initial Cost to Building & Improvements	94
Gross Amount, Land & Improvements	343
Gross Amount, Building & Improvements	94
Gross Amount, Total	437
Accumulated Depreciation	$ 14
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Desoto, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 728
Initial Cost to Building & Improvements	156
Gross Amount, Land & Improvements	728
Gross Amount, Building & Improvements	156
Gross Amount, Total	884
Accumulated Depreciation	$ 21
Year Constructed	1,985
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Birmingham, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 808
Initial Cost to Building & Improvements	1,233
Gross Amount, Land & Improvements	808
Gross Amount, Building & Improvements	1,233
Gross Amount, Total	2,041
Accumulated Depreciation	$ 83
Year Constructed	1,976
Date Acquired	Dec. 29, 2016
Casual Dining Restaurants | Columbia South Carolina
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 785
Initial Cost to Building & Improvements	500
Gross Amount, Land & Improvements	785
Gross Amount, Building & Improvements	500
Gross Amount, Total	1,285
Accumulated Depreciation	$ 23
Year Constructed	2,003
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Valdosta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 626
Initial Cost to Building & Improvements	957
Gross Amount, Land & Improvements	626
Gross Amount, Building & Improvements	957
Gross Amount, Total	1,583
Accumulated Depreciation	$ 87
Year Constructed	1,994
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Lakewood, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 134
Initial Cost to Building & Improvements	150
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(33)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(37)
Gross Amount, Land & Improvements	101
Gross Amount, Building & Improvements	113
Gross Amount, Total	214
Accumulated Depreciation	$ 14
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Fond du Lac, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 521
Initial Cost to Building & Improvements	1,197
Gross Amount, Land & Improvements	521
Gross Amount, Building & Improvements	1,197
Gross Amount, Total	1,718
Accumulated Depreciation	$ 76
Year Constructed	1,996
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Alexandria, LA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 837
Initial Cost to Building & Improvements	889
Gross Amount, Land & Improvements	837
Gross Amount, Building & Improvements	889
Gross Amount, Total	1,726
Accumulated Depreciation	$ 105
Year Constructed	1,994
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Fleming Island, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 586
Initial Cost to Building & Improvements	355
Gross Amount, Land & Improvements	586
Gross Amount, Building & Improvements	355
Gross Amount, Total	941
Accumulated Depreciation	$ 30
Year Constructed	2,006
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Port Saint Lucie, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 930
Initial Cost to Building & Improvements	1,510
Gross Amount, Land & Improvements	930
Gross Amount, Building & Improvements	1,510
Gross Amount, Total	2,440
Accumulated Depreciation	$ 135
Year Constructed	1,988
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Fort Pierce, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 810
Initial Cost to Building & Improvements	1,653
Gross Amount, Land & Improvements	810
Gross Amount, Building & Improvements	1,653
Gross Amount, Total	2,463
Accumulated Depreciation	$ 137
Year Constructed	1,994
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Waycross, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 861
Initial Cost to Building & Improvements	1,700
Gross Amount, Land & Improvements	861
Gross Amount, Building & Improvements	1,700
Gross Amount, Total	2,561
Accumulated Depreciation	$ 140
Year Constructed	1,994
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Kingsland, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 602
Initial Cost to Building & Improvements	1,256
Gross Amount, Land & Improvements	602
Gross Amount, Building & Improvements	1,256
Gross Amount, Total	1,858
Accumulated Depreciation	$ 110
Year Constructed	1,995
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Jacksonville, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 821
Initial Cost to Building & Improvements	1,215
Gross Amount, Land & Improvements	821
Gross Amount, Building & Improvements	1,215
Gross Amount, Total	2,036
Accumulated Depreciation	$ 118
Year Constructed	1,995
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | North Fort Myers, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,060
Initial Cost to Building & Improvements	1,817
Gross Amount, Land & Improvements	1,060
Gross Amount, Building & Improvements	1,817
Gross Amount, Total	2,877
Accumulated Depreciation	$ 145
Year Constructed	1,994
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Port Charlotte, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,021
Initial Cost to Building & Improvements	850
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(95)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(79)
Gross Amount, Land & Improvements	926
Gross Amount, Building & Improvements	771
Gross Amount, Total	1,697
Accumulated Depreciation	$ 77
Year Constructed	1,995
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Cape Coral, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 741
Initial Cost to Building & Improvements	1,692
Gross Amount, Land & Improvements	741
Gross Amount, Building & Improvements	1,692
Gross Amount, Total	2,433
Accumulated Depreciation	$ 139
Year Constructed	1,996
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Panama City Beach, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 750
Initial Cost to Building & Improvements	959
Gross Amount, Land & Improvements	750
Gross Amount, Building & Improvements	959
Gross Amount, Total	1,709
Accumulated Depreciation	$ 87
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Dothan, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 577
Initial Cost to Building & Improvements	1,144
Gross Amount, Land & Improvements	577
Gross Amount, Building & Improvements	1,144
Gross Amount, Total	1,721
Accumulated Depreciation	$ 97
Year Constructed	1,993
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Albany, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 731
Initial Cost to Building & Improvements	1,249
Gross Amount, Land & Improvements	731
Gross Amount, Building & Improvements	1,249
Gross Amount, Total	1,980
Accumulated Depreciation	$ 102
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Panama City, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 539
Initial Cost to Building & Improvements	1,389
Gross Amount, Land & Improvements	539
Gross Amount, Building & Improvements	1,389
Gross Amount, Total	1,928
Accumulated Depreciation	$ 106
Year Constructed	1,991
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Gainesville, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 193
Initial Cost to Building & Improvements	1,930
Gross Amount, Land & Improvements	193
Gross Amount, Building & Improvements	1,930
Gross Amount, Total	2,123
Accumulated Depreciation	$ 133
Year Constructed	1,994
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Panama City, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 673
Initial Cost to Building & Improvements	1,044
Cost Caoitalized Subsequent to Acquisition Land & Improvements	50
Gross Amount, Land & Improvements	723
Gross Amount, Building & Improvements	1,044
Gross Amount, Total	1,767
Accumulated Depreciation	$ 115
Year Constructed	1,999
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Augusta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,663
Initial Cost to Building & Improvements	1,909
Gross Amount, Land & Improvements	1,663
Gross Amount, Building & Improvements	1,909
Gross Amount, Total	3,572
Accumulated Depreciation	$ 66
Year Constructed	1,982
Date Acquired	Dec. 15, 2017
Casual Dining Restaurants | Thomasville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 943
Initial Cost to Building & Improvements	580
Gross Amount, Land & Improvements	943
Gross Amount, Building & Improvements	580
Gross Amount, Total	1,523
Accumulated Depreciation	$ 68
Year Constructed	2,002
Date Acquired	Jun. 16, 2016
Casual Dining Restaurants | Jasper, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 468
Initial Cost to Building & Improvements	2,144
Gross Amount, Land & Improvements	468
Gross Amount, Building & Improvements	2,144
Gross Amount, Total	2,612
Accumulated Depreciation	$ 127
Year Constructed	2,005
Date Acquired	Dec. 29, 2016
Casual Dining Restaurants | Gardendale, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 589
Initial Cost to Building & Improvements	1,984
Gross Amount, Land & Improvements	589
Gross Amount, Building & Improvements	1,984
Gross Amount, Total	2,573
Accumulated Depreciation	$ 125
Year Constructed	2,005
Date Acquired	Dec. 29, 2016
Casual Dining Restaurants | Bossier City, LA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 976
Initial Cost to Building & Improvements	2,347
Gross Amount, Land & Improvements	976
Gross Amount, Building & Improvements	2,347
Gross Amount, Total	3,323
Accumulated Depreciation	$ 85
Year Constructed	1,993
Date Acquired	Dec. 15, 2017
Casual Dining Restaurants | Clarksville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 861
Initial Cost to Building & Improvements	736
Gross Amount, Land & Improvements	861
Gross Amount, Building & Improvements	736
Gross Amount, Total	1,597
Accumulated Depreciation	$ 29
Year Constructed	2,003
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Indianapolis, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,012
Initial Cost to Building & Improvements	368
Gross Amount, Land & Improvements	1,012
Gross Amount, Building & Improvements	368
Gross Amount, Total	1,380
Accumulated Depreciation	$ 21
Year Constructed	1,996
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Linthicum, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,691
Initial Cost to Building & Improvements	1,124
Gross Amount, Land & Improvements	1,691
Gross Amount, Building & Improvements	1,124
Gross Amount, Total	2,815
Accumulated Depreciation	$ 49
Year Constructed	2,004
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | East Point, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,153
Initial Cost to Building & Improvements	831
Gross Amount, Land & Improvements	1,153
Gross Amount, Building & Improvements	831
Gross Amount, Total	1,984
Accumulated Depreciation	$ 35
Year Constructed	2,003
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Pocomoke City, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 653
Initial Cost to Building & Improvements	849
Gross Amount, Land & Improvements	653
Gross Amount, Building & Improvements	849
Gross Amount, Total	1,502
Accumulated Depreciation	$ 41
Year Constructed	2,005
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | D'Iberville, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 927
Initial Cost to Building & Improvements	623
Gross Amount, Land & Improvements	927
Gross Amount, Building & Improvements	623
Gross Amount, Total	1,550
Accumulated Depreciation	$ 26
Year Constructed	2,004
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Scranton, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 785
Initial Cost to Building & Improvements	755
Gross Amount, Land & Improvements	785
Gross Amount, Building & Improvements	755
Gross Amount, Total	1,540
Accumulated Depreciation	$ 38
Year Constructed	1,995
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Alexander City, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 511
Initial Cost to Building & Improvements	802
Gross Amount, Land & Improvements	511
Gross Amount, Building & Improvements	802
Gross Amount, Total	1,313
Accumulated Depreciation	$ 31
Year Constructed	2,007
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Morristown, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 644
Initial Cost to Building & Improvements	604
Gross Amount, Land & Improvements	644
Gross Amount, Building & Improvements	604
Gross Amount, Total	1,248
Accumulated Depreciation	$ 23
Year Constructed	2,004
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Palm City, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 672
Initial Cost to Building & Improvements	727
Gross Amount, Land & Improvements	672
Gross Amount, Building & Improvements	727
Gross Amount, Total	1,399
Accumulated Depreciation	$ 29
Year Constructed	2,003
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Robert, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 644
Initial Cost to Building & Improvements	755
Gross Amount, Land & Improvements	644
Gross Amount, Building & Improvements	755
Gross Amount, Total	1,399
Accumulated Depreciation	$ 27
Year Constructed	2,001
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Jasper, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 766
Initial Cost to Building & Improvements	292
Gross Amount, Land & Improvements	766
Gross Amount, Building & Improvements	292
Gross Amount, Total	1,058
Accumulated Depreciation	$ 16
Year Constructed	1,998
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Smithfield, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 833
Initial Cost to Building & Improvements	349
Gross Amount, Land & Improvements	833
Gross Amount, Building & Improvements	349
Gross Amount, Total	1,182
Accumulated Depreciation	$ 21
Year Constructed	2,002
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Johnson City, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 634
Initial Cost to Building & Improvements	528
Gross Amount, Land & Improvements	634
Gross Amount, Building & Improvements	528
Gross Amount, Total	1,162
Accumulated Depreciation	$ 25
Year Constructed	2,003
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Sevierville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 861
Initial Cost to Building & Improvements	254
Gross Amount, Land & Improvements	861
Gross Amount, Building & Improvements	254
Gross Amount, Total	1,115
Accumulated Depreciation	$ 14
Year Constructed	2,003
Date Acquired	Dec. 21, 2017
Casual Dining Restaurants | Clemmons, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 757
Initial Cost to Building & Improvements	386
Gross Amount, Land & Improvements	757
Gross Amount, Building & Improvements	386
Gross Amount, Total	1,143
Accumulated Depreciation	$ 20
Year Constructed	2,005
Date Acquired	Dec. 21, 2017
Automotive Service | Plano, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 997
Initial Cost to Building & Improvements	1,478
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(348)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(689)
Gross Amount, Land & Improvements	649
Gross Amount, Building & Improvements	789
Gross Amount, Total	1,438
Accumulated Depreciation	$ 88
Year Constructed	1,998
Date Acquired	Mar. 8, 2017
Automotive Service | Grapevine, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,244
Initial Cost to Building & Improvements	1,396
Gross Amount, Land & Improvements	1,244
Gross Amount, Building & Improvements	1,396
Gross Amount, Total	2,640
Accumulated Depreciation	$ 90
Year Constructed	2,001
Date Acquired	Mar. 8, 2017
Automotive Service | Pontiac, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 445
Initial Cost to Building & Improvements	1,077
Gross Amount, Land & Improvements	445
Gross Amount, Building & Improvements	1,077
Gross Amount, Total	1,522
Accumulated Depreciation	$ 14
Year Constructed	1,978
Date Acquired	Sep. 7, 2018
Automotive Service | Troy, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 794
Initial Cost to Building & Improvements	1,389
Gross Amount, Land & Improvements	794
Gross Amount, Building & Improvements	1,389
Gross Amount, Total	2,183
Accumulated Depreciation	$ 61
Year Constructed	1,974
Date Acquired	Aug. 29, 2017
Automotive Service | Burnsville, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 734
Initial Cost to Building & Improvements	309
Cost Caoitalized Subsequent to Acquisition Land & Improvements	180
Gross Amount, Land & Improvements	914
Gross Amount, Building & Improvements	309
Gross Amount, Total	1,223
Accumulated Depreciation	$ 36
Year Constructed	1,973
Date Acquired	Jun. 16, 2016
Automotive Service | Forest Park, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 498
Initial Cost to Building & Improvements	850
Gross Amount, Land & Improvements	498
Gross Amount, Building & Improvements	850
Gross Amount, Total	1,348
Accumulated Depreciation	$ 47
Year Constructed	1,992
Date Acquired	Jul. 21, 2017
Automotive Service | Smyrna, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 689
Initial Cost to Building & Improvements	470
Gross Amount, Land & Improvements	689
Gross Amount, Building & Improvements	470
Gross Amount, Total	1,159
Accumulated Depreciation	$ 23
Year Constructed	1,997
Date Acquired	Sep. 25, 2017
Automotive Service | Panama City, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 229
Initial Cost to Building & Improvements	46
Gross Amount, Land & Improvements	229
Gross Amount, Building & Improvements	46
Gross Amount, Total	275
Accumulated Depreciation	$ 9
Year Constructed	1,977
Date Acquired	Jun. 16, 2016
Automotive Service | Spring, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 805
Initial Cost to Building & Improvements	1,577
Gross Amount, Land & Improvements	805
Gross Amount, Building & Improvements	1,577
Gross Amount, Total	2,382
Accumulated Depreciation	$ 128
Year Constructed	2,013
Date Acquired	Aug. 4, 2016
Automotive Service | Frisco, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,279
Initial Cost to Building & Improvements	1,314
Gross Amount, Land & Improvements	1,279
Gross Amount, Building & Improvements	1,314
Gross Amount, Total	2,593
Accumulated Depreciation	$ 85
Year Constructed	2,003
Date Acquired	Mar. 8, 2017
Automotive Service | Lackawanna, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 231
Initial Cost to Building & Improvements	232
Gross Amount, Land & Improvements	231
Gross Amount, Building & Improvements	232
Gross Amount, Total	463
Accumulated Depreciation	$ 17
Year Constructed	1,987
Date Acquired	Oct. 28, 2016
Automotive Service | Cheektowaga, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 367
Initial Cost to Building & Improvements	509
Gross Amount, Land & Improvements	367
Gross Amount, Building & Improvements	509
Gross Amount, Total	876
Accumulated Depreciation	$ 37
Year Constructed	1,978
Date Acquired	Oct. 28, 2016
Automotive Service | Amherst, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 410
Initial Cost to Building & Improvements	606
Gross Amount, Land & Improvements	410
Gross Amount, Building & Improvements	606
Gross Amount, Total	1,016
Accumulated Depreciation	$ 44
Year Constructed	1,998
Date Acquired	Oct. 28, 2016
Automotive Service | Niagara Falls, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 615
Initial Cost to Building & Improvements	1,025
Gross Amount, Land & Improvements	615
Gross Amount, Building & Improvements	1,025
Gross Amount, Total	1,640
Accumulated Depreciation	$ 75
Year Constructed	1,985
Date Acquired	Oct. 28, 2016
Automotive Service | Williamsville, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 419
Initial Cost to Building & Improvements	1,302
Gross Amount, Land & Improvements	419
Gross Amount, Building & Improvements	1,302
Gross Amount, Total	1,721
Accumulated Depreciation	$ 95
Year Constructed	1,988
Date Acquired	Oct. 28, 2016
Automotive Service | Dunkirk, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 255
Initial Cost to Building & Improvements	187
Gross Amount, Land & Improvements	255
Gross Amount, Building & Improvements	187
Gross Amount, Total	442
Accumulated Depreciation	$ 14
Year Constructed	1,980
Date Acquired	Oct. 28, 2016
Automotive Service | Austin, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 774
Initial Cost to Building & Improvements	1,678
Gross Amount, Land & Improvements	774
Gross Amount, Building & Improvements	1,678
Gross Amount, Total	2,452
Accumulated Depreciation	$ 94
Year Constructed	1,998
Date Acquired	Mar. 8, 2017
Automotive Service | Dunkirk, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,161
Initial Cost to Building & Improvements	2,534
Gross Amount, Land & Improvements	1,161
Gross Amount, Building & Improvements	2,534
Gross Amount, Total	3,695
Accumulated Depreciation	$ 145
Year Constructed	2,010
Date Acquired	Mar. 8, 2017
Automotive Service | McKinney, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 856
Initial Cost to Building & Improvements	2,124
Gross Amount, Land & Improvements	856
Gross Amount, Building & Improvements	2,124
Gross Amount, Total	2,980
Accumulated Depreciation	$ 126
Year Constructed	2,013
Date Acquired	Mar. 8, 2017
Automotive Service | Southlake, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 657
Initial Cost to Building & Improvements	997
Gross Amount, Land & Improvements	657
Gross Amount, Building & Improvements	997
Gross Amount, Total	1,654
Accumulated Depreciation	$ 60
Year Constructed	2,002
Date Acquired	Mar. 8, 2017
Automotive Service | New Freedom, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 904
Initial Cost to Building & Improvements	872
Gross Amount, Land & Improvements	904
Gross Amount, Building & Improvements	872
Gross Amount, Total	1,776
Accumulated Depreciation	$ 57
Year Constructed	1,997
Date Acquired	Mar. 28, 2017
Automotive Service | Huntingtown, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 984
Initial Cost to Building & Improvements	1,857
Gross Amount, Land & Improvements	984
Gross Amount, Building & Improvements	1,857
Gross Amount, Total	2,841
Accumulated Depreciation	$ 106
Year Constructed	1,998
Date Acquired	Mar. 28, 2017
Automotive Service | Gambrills, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,461
Initial Cost to Building & Improvements	6,139
Gross Amount, Land & Improvements	2,461
Gross Amount, Building & Improvements	6,139
Gross Amount, Total	8,600
Accumulated Depreciation	$ 297
Year Constructed	2,009
Date Acquired	Mar. 28, 2017
Automotive Service | Clarksville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 498
Initial Cost to Building & Improvements	633
Gross Amount, Land & Improvements	498
Gross Amount, Building & Improvements	633
Gross Amount, Total	1,131
Accumulated Depreciation	$ 37
Year Constructed	1,998
Date Acquired	Jul. 21, 2017
Automotive Service | Orlando, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 456
Initial Cost to Building & Improvements	664
Gross Amount, Land & Improvements	456
Gross Amount, Building & Improvements	664
Gross Amount, Total	1,120
Accumulated Depreciation	$ 36
Year Constructed	1,989
Date Acquired	Jul. 21, 2017
Automotive Service | Knoxville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 518
Initial Cost to Building & Improvements	695
Gross Amount, Land & Improvements	518
Gross Amount, Building & Improvements	695
Gross Amount, Total	1,213
Accumulated Depreciation	$ 42
Year Constructed	2,008
Date Acquired	Jul. 21, 2017
Automotive Service | Martinez, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 612
Initial Cost to Building & Improvements	570
Gross Amount, Land & Improvements	612
Gross Amount, Building & Improvements	570
Gross Amount, Total	1,182
Accumulated Depreciation	$ 40
Year Constructed	1,992
Date Acquired	Jul. 21, 2017
Automotive Service | Ocala, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 518
Initial Cost to Building & Improvements	715
Gross Amount, Land & Improvements	518
Gross Amount, Building & Improvements	715
Gross Amount, Total	1,233
Accumulated Depreciation	$ 44
Year Constructed	1,989
Date Acquired	Jul. 21, 2017
Automotive Service | Garden City, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 366
Initial Cost to Building & Improvements	961
Gross Amount, Land & Improvements	366
Gross Amount, Building & Improvements	961
Gross Amount, Total	1,327
Accumulated Depreciation	$ 42
Year Constructed	1,984
Date Acquired	Aug. 29, 2017
Automotive Service | Burton, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 188
Initial Cost to Building & Improvements	1,180
Gross Amount, Land & Improvements	188
Gross Amount, Building & Improvements	1,180
Gross Amount, Total	1,368
Accumulated Depreciation	$ 48
Year Constructed	1,955
Date Acquired	Aug. 29, 2017
Automotive Service | Capitol Heights, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 491
Initial Cost to Building & Improvements	1,734
Gross Amount, Land & Improvements	491
Gross Amount, Building & Improvements	1,734
Gross Amount, Total	2,225
Accumulated Depreciation	$ 62
Year Constructed	1,960
Date Acquired	Aug. 29, 2017
Automotive Service | Magnolia, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,402
Initial Cost to Building & Improvements	2,480
Gross Amount, Land & Improvements	1,402
Gross Amount, Building & Improvements	2,480
Gross Amount, Total	3,882
Accumulated Depreciation	$ 119
Year Constructed	2,017
Date Acquired	Sep. 29, 2017
Automotive Service | Memphis, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 417
Initial Cost to Building & Improvements	1,294
Gross Amount, Land & Improvements	417
Gross Amount, Building & Improvements	1,294
Gross Amount, Total	1,711
Accumulated Depreciation	$ 48
Year Constructed	1,985
Date Acquired	Sep. 25, 2017
Automotive Service | Mobile, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 219
Initial Cost to Building & Improvements	595
Gross Amount, Land & Improvements	219
Gross Amount, Building & Improvements	595
Gross Amount, Total	814
Accumulated Depreciation	$ 22
Year Constructed	1,979
Date Acquired	Sep. 25, 2017
Automotive Service | Hudson, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 313
Initial Cost to Building & Improvements	689
Gross Amount, Land & Improvements	313
Gross Amount, Building & Improvements	689
Gross Amount, Total	1,002
Accumulated Depreciation	$ 29
Year Constructed	1,984
Date Acquired	Sep. 25, 2017
Automotive Service | Longwood, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 887
Initial Cost to Building & Improvements	1,263
Gross Amount, Land & Improvements	887
Gross Amount, Building & Improvements	1,263
Gross Amount, Total	2,150
Accumulated Depreciation	$ 63
Year Constructed	2,000
Date Acquired	Sep. 25, 2017
Automotive Service | Roseville Minnesota
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 489
Initial Cost to Building & Improvements	1,602
Gross Amount, Land & Improvements	489
Gross Amount, Building & Improvements	1,602
Gross Amount, Total	2,091
Accumulated Depreciation	$ 41
Year Constructed	1,971
Date Acquired	Feb. 16, 2018
Automotive Service | Woodbury, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 978
Initial Cost to Building & Improvements	2,049
Gross Amount, Land & Improvements	978
Gross Amount, Building & Improvements	2,049
Gross Amount, Total	3,027
Accumulated Depreciation	$ 55
Year Constructed	2,000
Date Acquired	Feb. 16, 2018
Automotive Service | Elk River, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 721
Initial Cost to Building & Improvements	932
Gross Amount, Land & Improvements	721
Gross Amount, Building & Improvements	932
Gross Amount, Total	1,653
Accumulated Depreciation	$ 44
Year Constructed	2,017
Date Acquired	Dec. 27, 2017
Automotive Service | Apex, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 229
Initial Cost to Building & Improvements	428
Gross Amount, Land & Improvements	229
Gross Amount, Building & Improvements	428
Gross Amount, Total	657
Accumulated Depreciation	$ 10
Year Constructed	2,000
Date Acquired	May 1, 2018
Automotive Service | Fuquay Varina, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 487
Initial Cost to Building & Improvements	318
Gross Amount, Land & Improvements	487
Gross Amount, Building & Improvements	318
Gross Amount, Total	805
Accumulated Depreciation	$ 11
Year Constructed	2,008
Date Acquired	May 1, 2018
Automotive Service | North Canton, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 481
Initial Cost to Building & Improvements	982
Gross Amount, Land & Improvements	481
Gross Amount, Building & Improvements	982
Gross Amount, Total	1,463
Accumulated Depreciation	$ 19
Year Constructed	1,960
Date Acquired	May 17, 2018
Automotive Service | Clinton Township, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,179
Initial Cost to Building & Improvements	688
Gross Amount, Land & Improvements	1,179
Gross Amount, Building & Improvements	688
Gross Amount, Total	1,867
Accumulated Depreciation	$ 27
Year Constructed	1,983
Date Acquired	May 17, 2018
Automotive Service | Balitmore, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 206
Initial Cost to Building & Improvements	1,709
Gross Amount, Land & Improvements	206
Gross Amount, Building & Improvements	1,709
Gross Amount, Total	1,915
Accumulated Depreciation	$ 27
Year Constructed	1,952
Date Acquired	May 17, 2018
Automotive Service | Elk River, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 433
Initial Cost to Building & Improvements	898
Gross Amount, Land & Improvements	433
Gross Amount, Building & Improvements	898
Gross Amount, Total	1,331
Accumulated Depreciation	$ 23
Year Constructed	1,996
Date Acquired	Mar. 29, 2018
Automotive Service | Holly Springs, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 308
Initial Cost to Building & Improvements	1,283
Gross Amount, Land & Improvements	308
Gross Amount, Building & Improvements	1,283
Gross Amount, Total	1,591
Accumulated Depreciation	$ 26
Year Constructed	2,003
Date Acquired	May 1, 2018
Automotive Service | Midwest City, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 253
Initial Cost to Building & Improvements	495
Gross Amount, Land & Improvements	253
Gross Amount, Building & Improvements	495
Gross Amount, Total	748
Accumulated Depreciation	$ 9
Year Constructed	1,995
Date Acquired	Aug. 9, 2018
Automotive Service | Del City, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 364
Initial Cost to Building & Improvements	384
Gross Amount, Land & Improvements	364
Gross Amount, Building & Improvements	384
Gross Amount, Total	748
Accumulated Depreciation	$ 8
Year Constructed	1,985
Date Acquired	Aug. 9, 2018
Automotive Service | Midwest City, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 172
Initial Cost to Building & Improvements	526
Gross Amount, Land & Improvements	172
Gross Amount, Building & Improvements	526
Gross Amount, Total	698
Accumulated Depreciation	$ 7
Year Constructed	1,980
Date Acquired	Aug. 9, 2018
Automotive Service | Oklahoma City, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 152
Initial Cost to Building & Improvements	596
Gross Amount, Land & Improvements	152
Gross Amount, Building & Improvements	596
Gross Amount, Total	748
Accumulated Depreciation	$ 8
Year Constructed	1,980
Date Acquired	Aug. 9, 2018
Automotive Service | Bremen, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 221
Initial Cost to Building & Improvements	1,284
Gross Amount, Land & Improvements	221
Gross Amount, Building & Improvements	1,284
Gross Amount, Total	1,505
Accumulated Depreciation	$ 10
Year Constructed	1,970
Date Acquired	Sep. 28, 2018
Automotive Service | Denton, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,278
Initial Cost to Building & Improvements	1,582
Gross Amount, Land & Improvements	1,278
Gross Amount, Building & Improvements	1,582
Gross Amount, Total	$ 2,860
Year Constructed	1,982
Date Acquired	Dec. 20, 2018
Convenience Stores | Rowlett, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 808
Initial Cost to Building & Improvements	447
Gross Amount, Land & Improvements	808
Gross Amount, Building & Improvements	447
Gross Amount, Total	1,255
Accumulated Depreciation	$ 82
Year Constructed	1,998
Date Acquired	Jun. 16, 2016
Convenience Stores | Binghamton, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 273
Initial Cost to Building & Improvements	1,008
Gross Amount, Land & Improvements	273
Gross Amount, Building & Improvements	1,008
Gross Amount, Total	1,281
Accumulated Depreciation	$ 93
Year Constructed	1,970
Date Acquired	Aug. 22, 2016
Convenience Stores | Windsor, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 272
Initial Cost to Building & Improvements	1,101
Gross Amount, Land & Improvements	272
Gross Amount, Building & Improvements	1,101
Gross Amount, Total	1,373
Accumulated Depreciation	$ 102
Year Constructed	1,980
Date Acquired	Aug. 22, 2016
Convenience Stores | Greene, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 557
Initial Cost to Building & Improvements	1,974
Gross Amount, Land & Improvements	557
Gross Amount, Building & Improvements	1,974
Gross Amount, Total	2,531
Accumulated Depreciation	$ 183
Year Constructed	1,989
Date Acquired	Aug. 22, 2016
Convenience Stores | Afton, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 348
Initial Cost to Building & Improvements	1,303
Gross Amount, Land & Improvements	348
Gross Amount, Building & Improvements	1,303
Gross Amount, Total	1,651
Accumulated Depreciation	$ 121
Year Constructed	1,994
Date Acquired	Aug. 22, 2016
Convenience Stores | Lansing, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 861
Initial Cost to Building & Improvements	3,034
Gross Amount, Land & Improvements	861
Gross Amount, Building & Improvements	3,034
Gross Amount, Total	3,895
Accumulated Depreciation	$ 281
Year Constructed	2,010
Date Acquired	Aug. 22, 2016
Convenience Stores | Freeville, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 524
Initial Cost to Building & Improvements	1,457
Gross Amount, Land & Improvements	524
Gross Amount, Building & Improvements	1,457
Gross Amount, Total	1,981
Accumulated Depreciation	$ 135
Year Constructed	1,994
Date Acquired	Aug. 22, 2016
Convenience Stores | Marathon, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 520
Initial Cost to Building & Improvements	2,127
Gross Amount, Land & Improvements	520
Gross Amount, Building & Improvements	2,127
Gross Amount, Total	2,647
Accumulated Depreciation	$ 197
Year Constructed	1,995
Date Acquired	Aug. 22, 2016
Convenience Stores | New Hartford, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 301
Initial Cost to Building & Improvements	863
Gross Amount, Land & Improvements	301
Gross Amount, Building & Improvements	863
Gross Amount, Total	1,164
Accumulated Depreciation	$ 80
Year Constructed	1,995
Date Acquired	Aug. 22, 2016
Convenience Stores | Chadwicks, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 213
Initial Cost to Building & Improvements	784
Gross Amount, Land & Improvements	213
Gross Amount, Building & Improvements	784
Gross Amount, Total	997
Accumulated Depreciation	$ 73
Year Constructed	1,987
Date Acquired	Aug. 22, 2016
Convenience Stores | Liberty, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 219
Initial Cost to Building & Improvements	811
Gross Amount, Land & Improvements	219
Gross Amount, Building & Improvements	811
Gross Amount, Total	1,030
Accumulated Depreciation	$ 75
Year Constructed	2,004
Date Acquired	Aug. 22, 2016
Convenience Stores | Earlville, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 258
Initial Cost to Building & Improvements	985
Gross Amount, Land & Improvements	258
Gross Amount, Building & Improvements	985
Gross Amount, Total	1,243
Accumulated Depreciation	$ 91
Year Constructed	1,997
Date Acquired	Aug. 22, 2016
Convenience Stores | Vestal, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 324
Initial Cost to Building & Improvements	1,285
Gross Amount, Land & Improvements	324
Gross Amount, Building & Improvements	1,285
Gross Amount, Total	1,609
Accumulated Depreciation	$ 119
Year Constructed	1,996
Date Acquired	Aug. 22, 2016
Convenience Stores | Delhi, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 275
Initial Cost to Building & Improvements	1,066
Gross Amount, Land & Improvements	275
Gross Amount, Building & Improvements	1,066
Gross Amount, Total	1,341
Accumulated Depreciation	$ 99
Year Constructed	1,992
Date Acquired	Aug. 22, 2016
Convenience Stores | Franklin, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 423
Initial Cost to Building & Improvements	774
Gross Amount, Land & Improvements	423
Gross Amount, Building & Improvements	774
Gross Amount, Total	1,197
Accumulated Depreciation	$ 72
Year Constructed	1,998
Date Acquired	Aug. 22, 2016
Convenience Stores | Endicott, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 188
Initial Cost to Building & Improvements	576
Gross Amount, Land & Improvements	188
Gross Amount, Building & Improvements	576
Gross Amount, Total	764
Accumulated Depreciation	$ 53
Year Constructed	1,995
Date Acquired	Aug. 22, 2016
Convenience Stores | Davenport, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 324
Initial Cost to Building & Improvements	1,194
Gross Amount, Land & Improvements	324
Gross Amount, Building & Improvements	1,194
Gross Amount, Total	1,518
Accumulated Depreciation	$ 111
Year Constructed	1,993
Date Acquired	Aug. 22, 2016
Convenience Stores | Tucson, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 977
Initial Cost to Building & Improvements	827
Gross Amount, Land & Improvements	977
Gross Amount, Building & Improvements	827
Gross Amount, Total	1,804
Accumulated Depreciation	$ 8
Year Constructed	1,985
Date Acquired	Nov. 7, 2018
Convenience Stores | Alpena, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 252
Initial Cost to Building & Improvements	703
Gross Amount, Land & Improvements	252
Gross Amount, Building & Improvements	703
Gross Amount, Total	955
Accumulated Depreciation	$ 51
Year Constructed	1,985
Date Acquired	Mar. 10, 2017
Convenience Stores | Topeka, KS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 603
Initial Cost to Building & Improvements	1,584
Gross Amount, Land & Improvements	603
Gross Amount, Building & Improvements	1,584
Gross Amount, Total	2,187
Accumulated Depreciation	$ 115
Year Constructed	2,008
Date Acquired	Mar. 10, 2017
Convenience Stores | Tyler, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 404
Initial Cost to Building & Improvements	1,433
Gross Amount, Land & Improvements	404
Gross Amount, Building & Improvements	1,433
Gross Amount, Total	1,837
Accumulated Depreciation	$ 100
Year Constructed	1,980
Date Acquired	Mar. 30, 2017
Convenience Stores | Atlanta, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 392
Initial Cost to Building & Improvements	1,204
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(13)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(155)
Gross Amount, Land & Improvements	379
Gross Amount, Building & Improvements	1,049
Gross Amount, Total	1,428
Accumulated Depreciation	$ 80
Year Constructed	1,995
Date Acquired	Mar. 30, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 332
Initial Cost to Building & Improvements	302
Gross Amount, Land & Improvements	332
Gross Amount, Building & Improvements	302
Gross Amount, Total	634
Accumulated Depreciation	$ 15
Year Constructed	1,966
Date Acquired	Nov. 8, 2017
Convenience Stores | Jacksonville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 587
Initial Cost to Building & Improvements	1,357
Gross Amount, Land & Improvements	587
Gross Amount, Building & Improvements	1,357
Gross Amount, Total	1,944
Accumulated Depreciation	$ 72
Year Constructed	2,012
Date Acquired	Sep. 29, 2017
Convenience Stores | Daingerfield, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 269
Initial Cost to Building & Improvements	1,135
Gross Amount, Land & Improvements	269
Gross Amount, Building & Improvements	1,135
Gross Amount, Total	1,404
Accumulated Depreciation	$ 48
Year Constructed	1,979
Date Acquired	Sep. 29, 2017
Convenience Stores | Jacksonville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 368
Initial Cost to Building & Improvements	916
Gross Amount, Land & Improvements	368
Gross Amount, Building & Improvements	916
Gross Amount, Total	1,284
Accumulated Depreciation	$ 49
Year Constructed	1,996
Date Acquired	Sep. 29, 2017
Convenience Stores | Kilgore, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 269
Initial Cost to Building & Improvements	1,103
Cost Caoitalized Subsequent to Acquisition Land & Improvements	(10)
Cost Capitalized Subsequent to Acquisition Building & Improvements	(41)
Gross Amount, Land & Improvements	259
Gross Amount, Building & Improvements	1,062
Gross Amount, Total	1,321
Accumulated Depreciation	$ 49
Year Constructed	1,978
Date Acquired	Sep. 29, 2017
Convenience Stores | Bethel, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 764
Initial Cost to Building & Improvements	1,353
Gross Amount, Land & Improvements	764
Gross Amount, Building & Improvements	1,353
Gross Amount, Total	2,117
Accumulated Depreciation	$ 90
Year Constructed	1,996
Date Acquired	Sep. 27, 2017
Convenience Stores | Isanti, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,167
Initial Cost to Building & Improvements	1,859
Gross Amount, Land & Improvements	1,167
Gross Amount, Building & Improvements	1,859
Gross Amount, Total	3,026
Accumulated Depreciation	$ 104
Year Constructed	1,989
Date Acquired	Sep. 27, 2017
Convenience Stores | Braham, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 289
Initial Cost to Building & Improvements	1,043
Gross Amount, Land & Improvements	289
Gross Amount, Building & Improvements	1,043
Gross Amount, Total	1,332
Accumulated Depreciation	$ 48
Year Constructed	1,986
Date Acquired	Sep. 27, 2017
Convenience Stores | Grantsburg, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 640
Initial Cost to Building & Improvements	1,673
Gross Amount, Land & Improvements	640
Gross Amount, Building & Improvements	1,673
Gross Amount, Total	2,313
Accumulated Depreciation	$ 92
Year Constructed	2,005
Date Acquired	Sep. 27, 2017
Convenience Stores | Tyler, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 706
Initial Cost to Building & Improvements	511
Gross Amount, Land & Improvements	706
Gross Amount, Building & Improvements	511
Gross Amount, Total	1,217
Accumulated Depreciation	$ 27
Year Constructed	1,996
Date Acquired	Oct. 16, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 342
Initial Cost to Building & Improvements	604
Gross Amount, Land & Improvements	342
Gross Amount, Building & Improvements	604
Gross Amount, Total	946
Accumulated Depreciation	$ 25
Year Constructed	1,972
Date Acquired	Nov. 8, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 372
Initial Cost to Building & Improvements	886
Gross Amount, Land & Improvements	372
Gross Amount, Building & Improvements	886
Gross Amount, Total	1,258
Accumulated Depreciation	$ 41
Year Constructed	2,013
Date Acquired	Nov. 8, 2017
Convenience Stores | Aztec, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 322
Initial Cost to Building & Improvements	685
Gross Amount, Land & Improvements	322
Gross Amount, Building & Improvements	685
Gross Amount, Total	1,007
Accumulated Depreciation	$ 29
Year Constructed	1,982
Date Acquired	Nov. 8, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 282
Initial Cost to Building & Improvements	1,077
Gross Amount, Land & Improvements	282
Gross Amount, Building & Improvements	1,077
Gross Amount, Total	1,359
Accumulated Depreciation	$ 46
Year Constructed	1,980
Date Acquired	Nov. 8, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 503
Initial Cost to Building & Improvements	815
Gross Amount, Land & Improvements	503
Gross Amount, Building & Improvements	815
Gross Amount, Total	1,318
Accumulated Depreciation	$ 37
Year Constructed	1,980
Date Acquired	Nov. 8, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 735
Initial Cost to Building & Improvements	352
Gross Amount, Land & Improvements	735
Gross Amount, Building & Improvements	352
Gross Amount, Total	1,087
Accumulated Depreciation	$ 20
Year Constructed	1,982
Date Acquired	Nov. 8, 2017
Convenience Stores | Ignacio, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 272
Initial Cost to Building & Improvements	1,047
Gross Amount, Land & Improvements	272
Gross Amount, Building & Improvements	1,047
Gross Amount, Total	1,319
Accumulated Depreciation	$ 42
Year Constructed	1,983
Date Acquired	Nov. 8, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 332
Initial Cost to Building & Improvements	775
Gross Amount, Land & Improvements	332
Gross Amount, Building & Improvements	775
Gross Amount, Total	1,107
Accumulated Depreciation	$ 35
Year Constructed	1,985
Date Acquired	Nov. 8, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 453
Initial Cost to Building & Improvements	1,027
Gross Amount, Land & Improvements	453
Gross Amount, Building & Improvements	1,027
Gross Amount, Total	1,480
Accumulated Depreciation	$ 50
Year Constructed	1,990
Date Acquired	Nov. 8, 2017
Convenience Stores | Kirtland, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 332
Initial Cost to Building & Improvements	906
Gross Amount, Land & Improvements	332
Gross Amount, Building & Improvements	906
Gross Amount, Total	1,238
Accumulated Depreciation	$ 39
Year Constructed	1,980
Date Acquired	Nov. 8, 2017
Convenience Stores | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 554
Initial Cost to Building & Improvements	785
Gross Amount, Land & Improvements	554
Gross Amount, Building & Improvements	785
Gross Amount, Total	1,339
Accumulated Depreciation	$ 42
Year Constructed	1,998
Date Acquired	Nov. 21, 2017
Convenience Stores | Bloomfield, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 221
Initial Cost to Building & Improvements	784
Gross Amount, Land & Improvements	221
Gross Amount, Building & Improvements	784
Gross Amount, Total	1,005
Accumulated Depreciation	$ 24
Year Constructed	1,980
Date Acquired	Jan. 24, 2018
Convenience Stores | St. Augusta, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 473
Initial Cost to Building & Improvements	1,111
Gross Amount, Land & Improvements	473
Gross Amount, Building & Improvements	1,111
Gross Amount, Total	1,584
Accumulated Depreciation	$ 28
Year Constructed	1,978
Date Acquired	May 17, 2018
Convenience Stores | Rice, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 782
Initial Cost to Building & Improvements	1,461
Gross Amount, Land & Improvements	782
Gross Amount, Building & Improvements	1,461
Gross Amount, Total	2,243
Accumulated Depreciation	$ 44
Year Constructed	2,005
Date Acquired	May 17, 2018
Convenience Stores | Pine City, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 792
Initial Cost to Building & Improvements	1,173
Gross Amount, Land & Improvements	792
Gross Amount, Building & Improvements	1,173
Gross Amount, Total	1,965
Accumulated Depreciation	$ 37
Year Constructed	1,967
Date Acquired	May 17, 2018
Convenience Stores | Cambridge, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,008
Initial Cost to Building & Improvements	2,161
Gross Amount, Land & Improvements	1,008
Gross Amount, Building & Improvements	2,161
Gross Amount, Total	3,169
Accumulated Depreciation	$ 58
Year Constructed	2,007
Date Acquired	May 17, 2018
Convenience Stores | Sartell, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 988
Initial Cost to Building & Improvements	607
Gross Amount, Land & Improvements	988
Gross Amount, Building & Improvements	607
Gross Amount, Total	1,595
Accumulated Depreciation	$ 25
Year Constructed	2,013
Date Acquired	May 17, 2018
Convenience Stores | Mosinee, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 260
Initial Cost to Building & Improvements	509
Gross Amount, Land & Improvements	260
Gross Amount, Building & Improvements	509
Gross Amount, Total	769
Accumulated Depreciation	$ 14
Year Constructed	1,994
Date Acquired	Jun. 15, 2018
Convenience Stores | Wausau, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 311
Initial Cost to Building & Improvements	372
Gross Amount, Land & Improvements	311
Gross Amount, Building & Improvements	372
Gross Amount, Total	683
Accumulated Depreciation	$ 13
Year Constructed	1,995
Date Acquired	Jun. 15, 2018
Convenience Stores | Wausau, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 402
Initial Cost to Building & Improvements	1,470
Gross Amount, Land & Improvements	402
Gross Amount, Building & Improvements	1,470
Gross Amount, Total	1,872
Accumulated Depreciation	$ 30
Year Constructed	1,995
Date Acquired	Jun. 15, 2018
Convenience Stores | Wausau, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 502
Initial Cost to Building & Improvements	361
Gross Amount, Land & Improvements	502
Gross Amount, Building & Improvements	361
Gross Amount, Total	863
Accumulated Depreciation	$ 18
Year Constructed	1,989
Date Acquired	Jun. 15, 2018
Convenience Stores | Wausau, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 412
Initial Cost to Building & Improvements	445
Gross Amount, Land & Improvements	412
Gross Amount, Building & Improvements	445
Gross Amount, Total	857
Accumulated Depreciation	$ 16
Year Constructed	1,991
Date Acquired	Jun. 15, 2018
Convenience Stores | Prentice, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,164
Initial Cost to Building & Improvements	753
Gross Amount, Land & Improvements	1,164
Gross Amount, Building & Improvements	753
Gross Amount, Total	1,917
Accumulated Depreciation	$ 52
Year Constructed	1,989
Date Acquired	Jun. 15, 2018
Convenience Stores | Rothschild, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 703
Initial Cost to Building & Improvements	760
Gross Amount, Land & Improvements	703
Gross Amount, Building & Improvements	760
Gross Amount, Total	1,463
Accumulated Depreciation	$ 26
Year Constructed	1,985
Date Acquired	Jun. 15, 2018
Convenience Stores | Phillips, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 191
Initial Cost to Building & Improvements	722
Gross Amount, Land & Improvements	191
Gross Amount, Building & Improvements	722
Gross Amount, Total	913
Accumulated Depreciation	$ 17
Year Constructed	1,970
Date Acquired	Jun. 15, 2018
Convenience Stores | Pound, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 321
Initial Cost to Building & Improvements	478
Gross Amount, Land & Improvements	321
Gross Amount, Building & Improvements	478
Gross Amount, Total	799
Accumulated Depreciation	$ 19
Year Constructed	1,983
Date Acquired	Jun. 15, 2018
Convenience Stores | Gillett, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 241
Initial Cost to Building & Improvements	591
Gross Amount, Land & Improvements	241
Gross Amount, Building & Improvements	591
Gross Amount, Total	832
Accumulated Depreciation	$ 17
Year Constructed	1,990
Date Acquired	Jun. 15, 2018
Convenience Stores | Tigerton, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 954
Initial Cost to Building & Improvements	1,014
Gross Amount, Land & Improvements	954
Gross Amount, Building & Improvements	1,014
Gross Amount, Total	1,968
Accumulated Depreciation	$ 46
Year Constructed	1,998
Date Acquired	Jun. 15, 2018
Convenience Stores | Stevens Point, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,054
Initial Cost to Building & Improvements	522
Gross Amount, Land & Improvements	1,054
Gross Amount, Building & Improvements	522
Gross Amount, Total	1,576
Accumulated Depreciation	$ 30
Year Constructed	1,993
Date Acquired	Jun. 15, 2018
Convenience Stores | Merrill, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,857
Initial Cost to Building & Improvements	1,305
Gross Amount, Land & Improvements	1,857
Gross Amount, Building & Improvements	1,305
Gross Amount, Total	3,162
Accumulated Depreciation	$ 70
Year Constructed	1,996
Date Acquired	Jun. 15, 2018
Convenience Stores | Tomahawk, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 683
Initial Cost to Building & Improvements	1,008
Gross Amount, Land & Improvements	683
Gross Amount, Building & Improvements	1,008
Gross Amount, Total	1,691
Accumulated Depreciation	$ 37
Year Constructed	1,992
Date Acquired	Jun. 15, 2018
Convenience Stores | Marathon, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 261
Initial Cost to Building & Improvements	1,244
Gross Amount, Land & Improvements	261
Gross Amount, Building & Improvements	1,244
Gross Amount, Total	1,505
Accumulated Depreciation	$ 26
Year Constructed	1,987
Date Acquired	Jun. 15, 2018
Convenience Stores | Edgar, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 502
Initial Cost to Building & Improvements	949
Gross Amount, Land & Improvements	502
Gross Amount, Building & Improvements	949
Gross Amount, Total	1,451
Accumulated Depreciation	$ 29
Year Constructed	1,984
Date Acquired	Jun. 15, 2018
Convenience Stores | Plover, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,275
Initial Cost to Building & Improvements	883
Gross Amount, Land & Improvements	1,275
Gross Amount, Building & Improvements	883
Gross Amount, Total	2,158
Accumulated Depreciation	$ 35
Year Constructed	2,006
Date Acquired	Jun. 15, 2018
Convenience Stores | Hatley, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 783
Initial Cost to Building & Improvements	851
Gross Amount, Land & Improvements	783
Gross Amount, Building & Improvements	851
Gross Amount, Total	1,634
Accumulated Depreciation	$ 34
Year Constructed	1,997
Date Acquired	Jun. 15, 2018
Convenience Stores | Minocqua, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 371
Initial Cost to Building & Improvements	412
Gross Amount, Land & Improvements	371
Gross Amount, Building & Improvements	412
Gross Amount, Total	783
Accumulated Depreciation	$ 17
Year Constructed	1,984
Date Acquired	Jun. 15, 2018
Convenience Stores | Wittenberg, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,405
Initial Cost to Building & Improvements	1,305
Gross Amount, Land & Improvements	1,405
Gross Amount, Building & Improvements	1,305
Gross Amount, Total	2,710
Accumulated Depreciation	$ 64
Year Constructed	1,999
Date Acquired	Jun. 15, 2018
Convenience Stores | Rudolph, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 412
Initial Cost to Building & Improvements	840
Gross Amount, Land & Improvements	412
Gross Amount, Building & Improvements	840
Gross Amount, Total	1,252
Accumulated Depreciation	$ 24
Year Constructed	1,992
Date Acquired	Jun. 15, 2018
Convenience Stores | Mountain, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 371
Initial Cost to Building & Improvements	663
Gross Amount, Land & Improvements	371
Gross Amount, Building & Improvements	663
Gross Amount, Total	1,034
Accumulated Depreciation	$ 22
Year Constructed	1,998
Date Acquired	Jun. 15, 2018
Convenience Stores | Park Falls, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 392
Initial Cost to Building & Improvements	1,164
Gross Amount, Land & Improvements	392
Gross Amount, Building & Improvements	1,164
Gross Amount, Total	1,556
Accumulated Depreciation	$ 30
Year Constructed	1,984
Date Acquired	Jun. 15, 2018
Convenience Stores | Weston, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 622
Initial Cost to Building & Improvements	843
Gross Amount, Land & Improvements	622
Gross Amount, Building & Improvements	843
Gross Amount, Total	1,465
Accumulated Depreciation	$ 26
Year Constructed	1,993
Date Acquired	Jun. 15, 2018
Convenience Stores | Seguin, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 435
Initial Cost to Building & Improvements	995
Gross Amount, Land & Improvements	435
Gross Amount, Building & Improvements	995
Gross Amount, Total	1,430
Accumulated Depreciation	$ 12
Year Constructed	1,974
Date Acquired	Sep. 4, 2018
Convenience Stores | Burleson, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 823
Initial Cost to Building & Improvements	1,660
Gross Amount, Land & Improvements	823
Gross Amount, Building & Improvements	1,660
Gross Amount, Total	2,483
Accumulated Depreciation	$ 23
Year Constructed	1,985
Date Acquired	Sep. 4, 2018
Convenience Stores | Winfield, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 908
Initial Cost to Building & Improvements	2,474
Gross Amount, Land & Improvements	908
Gross Amount, Building & Improvements	2,474
Gross Amount, Total	3,382
Accumulated Depreciation	$ 34
Year Constructed	1,979
Date Acquired	Sep. 4, 2018
Convenience Stores | Phoenix, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,037
Initial Cost to Building & Improvements	429
Gross Amount, Land & Improvements	1,037
Gross Amount, Building & Improvements	429
Gross Amount, Total	1,466
Accumulated Depreciation	$ 4
Year Constructed	1,987
Date Acquired	Nov. 7, 2018
Convenience Stores | Centralia, WA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 568
Initial Cost to Building & Improvements	509
Gross Amount, Land & Improvements	568
Gross Amount, Building & Improvements	509
Gross Amount, Total	1,077
Accumulated Depreciation	$ 5
Year Constructed	1,976
Date Acquired	Nov. 7, 2018
Convenience Stores | Duncanville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 469
Initial Cost to Building & Improvements	538
Gross Amount, Land & Improvements	469
Gross Amount, Building & Improvements	538
Gross Amount, Total	1,007
Accumulated Depreciation	$ 4
Year Constructed	1,980
Date Acquired	Nov. 8, 2018
Medical / Dental | Brownsville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,626
Cost Caoitalized Subsequent to Acquisition Land & Improvements	982
Cost Capitalized Subsequent to Acquisition Building & Improvements	7,743
Gross Amount, Land & Improvements	2,608
Gross Amount, Building & Improvements	7,743
Gross Amount, Total	10,351
Accumulated Depreciation	$ 64
Year Constructed	2,018
Date Acquired	May 5, 2017
Medical / Dental | Columbia South Carolina
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 211
Initial Cost to Building & Improvements	426
Gross Amount, Land & Improvements	211
Gross Amount, Building & Improvements	426
Gross Amount, Total	637
Accumulated Depreciation	$ 28
Year Constructed	1,986
Date Acquired	Dec. 30, 2016
Medical / Dental | Prattville, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 237
Initial Cost to Building & Improvements	857
Gross Amount, Land & Improvements	237
Gross Amount, Building & Improvements	857
Gross Amount, Total	1,094
Accumulated Depreciation	$ 4
Year Constructed	2,012
Date Acquired	Nov. 7, 2018
Medical / Dental | Springfield, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 660
Initial Cost to Building & Improvements	1,326
Gross Amount, Land & Improvements	660
Gross Amount, Building & Improvements	1,326
Gross Amount, Total	1,986
Accumulated Depreciation	$ 30
Year Constructed	2,014
Date Acquired	Apr. 20, 2018
Medical / Dental | Montgomery, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 477
Initial Cost to Building & Improvements	2,976
Gross Amount, Land & Improvements	477
Gross Amount, Building & Improvements	2,976
Gross Amount, Total	3,453
Accumulated Depreciation	$ 118
Year Constructed	2,001
Date Acquired	Aug. 7, 2017
Medical / Dental | Hurst, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,462
Initial Cost to Building & Improvements	1,493
Cost Capitalized Subsequent to Acquisition Building & Improvements	300
Gross Amount, Land & Improvements	1,462
Gross Amount, Building & Improvements	1,793
Gross Amount, Total	3,255
Accumulated Depreciation	$ 150
Year Constructed	1,997
Date Acquired	Jun. 16, 2016
Medical / Dental | Port Saint Lucie, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 181
Initial Cost to Building & Improvements	426
Gross Amount, Land & Improvements	181
Gross Amount, Building & Improvements	426
Gross Amount, Total	607
Accumulated Depreciation	$ 28
Year Constructed	1,958
Date Acquired	Dec. 30, 2016
Medical / Dental | Port Charlotte, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,820
Initial Cost to Building & Improvements	2,072
Gross Amount, Land & Improvements	1,820
Gross Amount, Building & Improvements	2,072
Gross Amount, Total	3,892
Accumulated Depreciation	$ 155
Year Constructed	2,000
Date Acquired	Oct. 20, 2016
Medical / Dental | Fort Worth, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 466
Initial Cost to Building & Improvements	845
Gross Amount, Land & Improvements	466
Gross Amount, Building & Improvements	845
Gross Amount, Total	1,311
Accumulated Depreciation	$ 2
Year Constructed	1,997
Date Acquired	Nov. 30, 2018
Medical / Dental | Fort Worth, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,617
Cost Caoitalized Subsequent to Acquisition Land & Improvements	197
Cost Capitalized Subsequent to Acquisition Building & Improvements	4,421
Gross Amount, Land & Improvements	1,814
Gross Amount, Building & Improvements	4,421
Gross Amount, Total	6,235
Accumulated Depreciation	$ 124
Year Constructed	2,017
Date Acquired	Oct. 12, 2016
Medical / Dental | Tucson, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 323
Initial Cost to Building & Improvements	780
Gross Amount, Land & Improvements	323
Gross Amount, Building & Improvements	780
Gross Amount, Total	1,103
Accumulated Depreciation	$ 43
Year Constructed	1,967
Date Acquired	Dec. 30, 2016
Medical / Dental | Stevenson, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 191
Initial Cost to Building & Improvements	466
Gross Amount, Land & Improvements	191
Gross Amount, Building & Improvements	466
Gross Amount, Total	657
Accumulated Depreciation	$ 34
Year Constructed	1,990
Date Acquired	Dec. 30, 2016
Medical / Dental | Miami, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 485
Initial Cost to Building & Improvements	982
Gross Amount, Land & Improvements	485
Gross Amount, Building & Improvements	982
Gross Amount, Total	1,467
Accumulated Depreciation	$ 52
Year Constructed	1,981
Date Acquired	Dec. 30, 2016
Medical / Dental | Sarasota, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 323
Initial Cost to Building & Improvements	557
Gross Amount, Land & Improvements	323
Gross Amount, Building & Improvements	557
Gross Amount, Total	880
Accumulated Depreciation	$ 35
Year Constructed	1,973
Date Acquired	Dec. 30, 2016
Medical / Dental | Sarasota, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 485
Initial Cost to Building & Improvements	446
Gross Amount, Land & Improvements	485
Gross Amount, Building & Improvements	446
Gross Amount, Total	931
Accumulated Depreciation	$ 32
Year Constructed	2,001
Date Acquired	Dec. 30, 2016
Medical / Dental | Dalton, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 323
Initial Cost to Building & Improvements	406
Gross Amount, Land & Improvements	323
Gross Amount, Building & Improvements	406
Gross Amount, Total	729
Accumulated Depreciation	$ 36
Year Constructed	1,960
Date Acquired	Dec. 30, 2016
Medical / Dental | Alton, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 252
Initial Cost to Building & Improvements	568
Gross Amount, Land & Improvements	252
Gross Amount, Building & Improvements	568
Gross Amount, Total	820
Accumulated Depreciation	$ 43
Year Constructed	2,001
Date Acquired	Dec. 30, 2016
Medical / Dental | Quincy, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 272
Initial Cost to Building & Improvements	608
Gross Amount, Land & Improvements	272
Gross Amount, Building & Improvements	608
Gross Amount, Total	880
Accumulated Depreciation	$ 45
Year Constructed	2,001
Date Acquired	Dec. 30, 2016
Medical / Dental | Clarksville, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 657
Initial Cost to Building & Improvements	1,033
Gross Amount, Land & Improvements	657
Gross Amount, Building & Improvements	1,033
Gross Amount, Total	1,690
Accumulated Depreciation	$ 72
Year Constructed	1,994
Date Acquired	Dec. 30, 2016
Medical / Dental | Terre Haute, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 292
Initial Cost to Building & Improvements	325
Gross Amount, Land & Improvements	292
Gross Amount, Building & Improvements	325
Gross Amount, Total	617
Accumulated Depreciation	$ 27
Year Constructed	1,998
Date Acquired	Dec. 30, 2016
Medical / Dental | Brewster, MA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 60
Initial Cost to Building & Improvements	578
Gross Amount, Land & Improvements	60
Gross Amount, Building & Improvements	578
Gross Amount, Total	638
Accumulated Depreciation	$ 30
Year Constructed	1,986
Date Acquired	Dec. 30, 2016
Medical / Dental | Kansas City, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 333
Initial Cost to Building & Improvements	568
Gross Amount, Land & Improvements	333
Gross Amount, Building & Improvements	568
Gross Amount, Total	901
Accumulated Depreciation	$ 42
Year Constructed	1,979
Date Acquired	Dec. 30, 2016
Medical / Dental | Laurel, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 100
Initial Cost to Building & Improvements	1,033
Gross Amount, Land & Improvements	100
Gross Amount, Building & Improvements	1,033
Gross Amount, Total	1,133
Accumulated Depreciation	$ 57
Year Constructed	1,970
Date Acquired	Dec. 30, 2016
Medical / Dental | Picayune, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 70
Initial Cost to Building & Improvements	517
Gross Amount, Land & Improvements	70
Gross Amount, Building & Improvements	517
Gross Amount, Total	587
Accumulated Depreciation	$ 30
Year Constructed	1,977
Date Acquired	Dec. 30, 2016
Medical / Dental | Canandaigua, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 70
Initial Cost to Building & Improvements	527
Gross Amount, Land & Improvements	70
Gross Amount, Building & Improvements	527
Gross Amount, Total	597
Accumulated Depreciation	$ 29
Year Constructed	2,009
Date Acquired	Dec. 30, 2016
Medical / Dental | Anderson, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 211
Initial Cost to Building & Improvements	487
Gross Amount, Land & Improvements	211
Gross Amount, Building & Improvements	487
Gross Amount, Total	698
Accumulated Depreciation	$ 28
Year Constructed	1,948
Date Acquired	Dec. 30, 2016
Medical / Dental | Camden, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 211
Initial Cost to Building & Improvements	537
Gross Amount, Land & Improvements	211
Gross Amount, Building & Improvements	537
Gross Amount, Total	748
Accumulated Depreciation	$ 36
Year Constructed	1,985
Date Acquired	Dec. 30, 2016
Medical / Dental | Austin, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 242
Initial Cost to Building & Improvements	375
Gross Amount, Land & Improvements	242
Gross Amount, Building & Improvements	375
Gross Amount, Total	617
Accumulated Depreciation	$ 28
Year Constructed	1,970
Date Acquired	Dec. 30, 2016
Medical / Dental | Richmond, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 495
Initial Cost to Building & Improvements	446
Gross Amount, Land & Improvements	495
Gross Amount, Building & Improvements	446
Gross Amount, Total	941
Accumulated Depreciation	$ 38
Year Constructed	1,982
Date Acquired	Dec. 30, 2016
Medical / Dental | San Antonio, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 282
Initial Cost to Building & Improvements	588
Gross Amount, Land & Improvements	282
Gross Amount, Building & Improvements	588
Gross Amount, Total	870
Accumulated Depreciation	$ 35
Year Constructed	2,002
Date Acquired	Dec. 30, 2016
Medical / Dental | Mokena, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 237
Initial Cost to Building & Improvements	303
Gross Amount, Land & Improvements	237
Gross Amount, Building & Improvements	303
Gross Amount, Total	540
Accumulated Depreciation	$ 29
Year Constructed	2,008
Date Acquired	Feb. 9, 2017
Medical / Dental | Bridgeton, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 199
Initial Cost to Building & Improvements	578
Gross Amount, Land & Improvements	199
Gross Amount, Building & Improvements	578
Gross Amount, Total	777
Accumulated Depreciation	$ 32
Year Constructed	1,982
Date Acquired	Feb. 9, 2017
Medical / Dental | Lexington, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 199
Initial Cost to Building & Improvements	474
Gross Amount, Land & Improvements	199
Gross Amount, Building & Improvements	474
Gross Amount, Total	673
Accumulated Depreciation	$ 30
Year Constructed	2,014
Date Acquired	Feb. 9, 2017
Medical / Dental | Islip Terrace, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 313
Initial Cost to Building & Improvements	436
Gross Amount, Land & Improvements	313
Gross Amount, Building & Improvements	436
Gross Amount, Total	749
Accumulated Depreciation	$ 26
Year Constructed	1,986
Date Acquired	Feb. 9, 2017
Medical / Dental | Payson, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 548
Initial Cost to Building & Improvements	1,944
Gross Amount, Land & Improvements	548
Gross Amount, Building & Improvements	1,944
Gross Amount, Total	2,492
Accumulated Depreciation	$ 91
Year Constructed	1,988
Date Acquired	Apr. 28, 2017
Medical / Dental | Katy, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 233
Initial Cost to Building & Improvements	1,228
Gross Amount, Land & Improvements	233
Gross Amount, Building & Improvements	1,228
Gross Amount, Total	1,461
Accumulated Depreciation	$ 54
Year Constructed	2,012
Date Acquired	May 18, 2017
Medical / Dental | Baytown, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 286
Initial Cost to Building & Improvements	1,790
Gross Amount, Land & Improvements	286
Gross Amount, Building & Improvements	1,790
Gross Amount, Total	2,076
Accumulated Depreciation	$ 78
Year Constructed	2,008
Date Acquired	May 18, 2017
Medical / Dental | Rock Springs, WY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 620
Initial Cost to Building & Improvements	2,550
Gross Amount, Land & Improvements	620
Gross Amount, Building & Improvements	2,550
Gross Amount, Total	3,170
Accumulated Depreciation	$ 146
Year Constructed	2,001
Date Acquired	Jan. 17, 2017
Medical / Dental | Tyler, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 985
Initial Cost to Building & Improvements	5,675
Gross Amount, Land & Improvements	985
Gross Amount, Building & Improvements	5,675
Gross Amount, Total	6,660
Accumulated Depreciation	$ 182
Year Constructed	1,999
Date Acquired	Nov. 17, 2017
Medical / Dental | Round Rock, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 713
Initial Cost to Building & Improvements	6,821
Gross Amount, Land & Improvements	713
Gross Amount, Building & Improvements	6,821
Gross Amount, Total	7,534
Accumulated Depreciation	$ 243
Year Constructed	2,016
Date Acquired	Sep. 12, 2017
Medical / Dental | Rogers, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 599
Initial Cost to Building & Improvements	1,229
Gross Amount, Land & Improvements	599
Gross Amount, Building & Improvements	1,229
Gross Amount, Total	1,828
Accumulated Depreciation	$ 29
Year Constructed	2,013
Date Acquired	Apr. 20, 2018
Medical / Dental | North Lima, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 112
Initial Cost to Building & Improvements	926
Gross Amount, Land & Improvements	112
Gross Amount, Building & Improvements	926
Gross Amount, Total	1,038
Accumulated Depreciation	$ 31
Year Constructed	1,976
Date Acquired	Oct. 5, 2017
Medical / Dental | Southfield, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 193
Initial Cost to Building & Improvements	1,536
Gross Amount, Land & Improvements	193
Gross Amount, Building & Improvements	1,536
Gross Amount, Total	1,729
Accumulated Depreciation	$ 52
Year Constructed	1,968
Date Acquired	Oct. 5, 2017
Medical / Dental | West Lafayette, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 122
Initial Cost to Building & Improvements	397
Gross Amount, Land & Improvements	122
Gross Amount, Building & Improvements	397
Gross Amount, Total	519
Accumulated Depreciation	$ 15
Year Constructed	1,976
Date Acquired	Oct. 5, 2017
Medical / Dental | Salem, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 92
Initial Cost to Building & Improvements	468
Gross Amount, Land & Improvements	92
Gross Amount, Building & Improvements	468
Gross Amount, Total	560
Accumulated Depreciation	$ 17
Year Constructed	1,985
Date Acquired	Oct. 5, 2017
Medical / Dental | Toledo, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 448
Initial Cost to Building & Improvements	1,750
Gross Amount, Land & Improvements	448
Gross Amount, Building & Improvements	1,750
Gross Amount, Total	2,198
Accumulated Depreciation	$ 60
Year Constructed	1,995
Date Acquired	Oct. 5, 2017
Medical / Dental | Pittsburgh, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 112
Initial Cost to Building & Improvements	1,221
Gross Amount, Land & Improvements	112
Gross Amount, Building & Improvements	1,221
Gross Amount, Total	1,333
Accumulated Depreciation	$ 40
Year Constructed	1,983
Date Acquired	Oct. 5, 2017
Medical / Dental | Youngstown, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 275
Initial Cost to Building & Improvements	702
Gross Amount, Land & Improvements	275
Gross Amount, Building & Improvements	702
Gross Amount, Total	977
Accumulated Depreciation	$ 29
Year Constructed	1,971
Date Acquired	Oct. 5, 2017
Medical / Dental | Madison, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 387
Initial Cost to Building & Improvements	488
Gross Amount, Land & Improvements	387
Gross Amount, Building & Improvements	488
Gross Amount, Total	875
Accumulated Depreciation	$ 20
Year Constructed	1,950
Date Acquired	Oct. 5, 2017
Medical / Dental | Youngstown, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 366
Initial Cost to Building & Improvements	1,394
Gross Amount, Land & Improvements	366
Gross Amount, Building & Improvements	1,394
Gross Amount, Total	1,760
Accumulated Depreciation	$ 55
Year Constructed	1,995
Date Acquired	Oct. 5, 2017
Medical / Dental | Penn Yan, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 132
Initial Cost to Building & Improvements	651
Gross Amount, Land & Improvements	132
Gross Amount, Building & Improvements	651
Gross Amount, Total	783
Accumulated Depreciation	$ 25
Year Constructed	1,986
Date Acquired	Oct. 5, 2017
Medical / Dental | Kent, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 173
Initial Cost to Building & Improvements	610
Gross Amount, Land & Improvements	173
Gross Amount, Building & Improvements	610
Gross Amount, Total	783
Accumulated Depreciation	$ 23
Year Constructed	1,970
Date Acquired	Oct. 5, 2017
Medical / Dental | Lindale, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 394
Initial Cost to Building & Improvements	1,429
Gross Amount, Land & Improvements	394
Gross Amount, Building & Improvements	1,429
Gross Amount, Total	1,823
Accumulated Depreciation	$ 54
Year Constructed	2,013
Date Acquired	Nov. 17, 2017
Medical / Dental | Franklin, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 395
Initial Cost to Building & Improvements	2,319
Gross Amount, Land & Improvements	395
Gross Amount, Building & Improvements	2,319
Gross Amount, Total	2,714
Accumulated Depreciation	$ 76
Year Constructed	2,007
Date Acquired	Dec. 1, 2017
Medical / Dental | Fayetteville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 905
Initial Cost to Building & Improvements	1,456
Gross Amount, Land & Improvements	905
Gross Amount, Building & Improvements	1,456
Gross Amount, Total	2,361
Accumulated Depreciation	$ 54
Year Constructed	1,979
Date Acquired	Dec. 1, 2017
Medical / Dental | Greenwood, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 312
Initial Cost to Building & Improvements	593
Gross Amount, Land & Improvements	312
Gross Amount, Building & Improvements	593
Gross Amount, Total	905
Accumulated Depreciation	$ 21
Year Constructed	1,952
Date Acquired	Dec. 1, 2017
Medical / Dental | Indianapolis, IN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 52
Initial Cost to Building & Improvements	416
Gross Amount, Land & Improvements	52
Gross Amount, Building & Improvements	416
Gross Amount, Total	468
Accumulated Depreciation	$ 13
Year Constructed	1,954
Date Acquired	Dec. 1, 2017
Medical / Dental | Russellville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 710
Initial Cost to Building & Improvements	1,297
Gross Amount, Land & Improvements	710
Gross Amount, Building & Improvements	1,297
Gross Amount, Total	2,007
Accumulated Depreciation	$ 27
Year Constructed	2,015
Date Acquired	Apr. 20, 2018
Medical / Dental | Paris, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 416
Initial Cost to Building & Improvements	1,020
Gross Amount, Land & Improvements	416
Gross Amount, Building & Improvements	1,020
Gross Amount, Total	1,436
Accumulated Depreciation	$ 24
Year Constructed	2,013
Date Acquired	Apr. 20, 2018
Medical / Dental | Mountain Grove, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 113
Initial Cost to Building & Improvements	527
Gross Amount, Land & Improvements	113
Gross Amount, Building & Improvements	527
Gross Amount, Total	640
Accumulated Depreciation	$ 9
Year Constructed	2,012
Date Acquired	Jun. 28, 2018
Medical / Dental | Harrison, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 144
Initial Cost to Building & Improvements	835
Gross Amount, Land & Improvements	144
Gross Amount, Building & Improvements	835
Gross Amount, Total	979
Accumulated Depreciation	$ 12
Year Constructed	2,006
Date Acquired	Jun. 28, 2018
Medical / Dental | Jonesboro, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 329
Initial Cost to Building & Improvements	1,021
Gross Amount, Land & Improvements	329
Gross Amount, Building & Improvements	1,021
Gross Amount, Total	1,350
Accumulated Depreciation	$ 16
Year Constructed	2,005
Date Acquired	Jun. 28, 2018
Medical / Dental | El Dorado, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 93
Initial Cost to Building & Improvements	228
Gross Amount, Land & Improvements	93
Gross Amount, Building & Improvements	228
Gross Amount, Total	321
Accumulated Depreciation	$ 4
Year Constructed	2,000
Date Acquired	Jun. 28, 2018
Medical / Dental | Berryville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 62
Initial Cost to Building & Improvements	120
Gross Amount, Land & Improvements	62
Gross Amount, Building & Improvements	120
Gross Amount, Total	182
Accumulated Depreciation	$ 3
Year Constructed	2,000
Date Acquired	Jun. 28, 2018
Medical / Dental | Batesville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 237
Initial Cost to Building & Improvements	1,139
Gross Amount, Land & Improvements	237
Gross Amount, Building & Improvements	1,139
Gross Amount, Total	1,376
Accumulated Depreciation	$ 19
Year Constructed	2,017
Date Acquired	Jun. 28, 2018
Medical / Dental | Burleson, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 61
Initial Cost to Building & Improvements	1,091
Gross Amount, Land & Improvements	61
Gross Amount, Building & Improvements	1,091
Gross Amount, Total	1,152
Accumulated Depreciation	$ 2
Year Constructed	1,942
Date Acquired	Nov. 30, 2018
Medical / Dental | Brownsville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 172
Initial Cost to Building & Improvements	1,683
Gross Amount, Land & Improvements	172
Gross Amount, Building & Improvements	1,683
Gross Amount, Total	1,855
Accumulated Depreciation	$ 23
Year Constructed	2,008
Date Acquired	Jul. 13, 2018
Medical / Dental | Forrest City, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 143
Initial Cost to Building & Improvements	608
Gross Amount, Land & Improvements	143
Gross Amount, Building & Improvements	608
Gross Amount, Total	751
Accumulated Depreciation	$ 5
Year Constructed	2,007
Date Acquired	Sep. 28, 2018
Medical / Dental | Dallas, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,813
Initial Cost to Building & Improvements	3,606
Gross Amount, Land & Improvements	1,813
Gross Amount, Building & Improvements	3,606
Gross Amount, Total	5,419
Accumulated Depreciation	$ 8
Year Constructed	1,979
Date Acquired	Nov. 30, 2018
Medical / Dental | Midland, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 298
Initial Cost to Building & Improvements	1,760
Gross Amount, Land & Improvements	298
Gross Amount, Building & Improvements	1,760
Gross Amount, Total	2,058
Accumulated Depreciation	$ 8
Year Constructed	1,993
Date Acquired	Oct. 31, 2018
Medical / Dental | Abilene, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 336
Initial Cost to Building & Improvements	1,959
Gross Amount, Land & Improvements	336
Gross Amount, Building & Improvements	1,959
Gross Amount, Total	2,295
Accumulated Depreciation	$ 12
Year Constructed	2,006
Date Acquired	Sep. 27, 2018
Medical / Dental | Montgomery, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 454
Initial Cost to Building & Improvements	1,528
Gross Amount, Land & Improvements	454
Gross Amount, Building & Improvements	1,528
Gross Amount, Total	1,982
Accumulated Depreciation	$ 8
Year Constructed	2,004
Date Acquired	Nov. 7, 2018
Medical / Dental | Arlington, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 546
Initial Cost to Building & Improvements	649
Gross Amount, Land & Improvements	546
Gross Amount, Building & Improvements	649
Gross Amount, Total	1,195
Accumulated Depreciation	$ 2
Year Constructed	1,999
Date Acquired	Nov. 30, 2018
N/A | San Antonio, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 105
Gross Amount, Land & Improvements	105
Gross Amount, Total	$ 105
Date Acquired	Jun. 16, 2016
Home Furnishings | Battle Creek, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,212
Initial Cost to Building & Improvements	7,904
Gross Amount, Land & Improvements	1,212
Gross Amount, Building & Improvements	7,904
Gross Amount, Total	9,116
Accumulated Depreciation	$ 407
Year Constructed	1,996
Date Acquired	Mar. 1, 2017
Home Furnishings | Frisco, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,224
Initial Cost to Building & Improvements	4,779
Gross Amount, Land & Improvements	2,224
Gross Amount, Building & Improvements	4,779
Gross Amount, Total	7,003
Accumulated Depreciation	$ 306
Year Constructed	2,006
Date Acquired	Aug. 19, 2016
Home Furnishings | Fort Worth, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,348
Initial Cost to Building & Improvements	7,847
Gross Amount, Land & Improvements	1,348
Gross Amount, Building & Improvements	7,847
Gross Amount, Total	9,195
Accumulated Depreciation	$ 502
Year Constructed	2,007
Date Acquired	Aug. 19, 2016
Home Furnishings | Kansas City, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 273
Initial Cost to Building & Improvements	4,683
Gross Amount, Land & Improvements	273
Gross Amount, Building & Improvements	4,683
Gross Amount, Total	$ 4,956
Year Constructed	2,007
Date Acquired	Dec. 28, 2018
Home Furnishings | Westland, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,858
Initial Cost to Building & Improvements	14,560
Gross Amount, Land & Improvements	1,858
Gross Amount, Building & Improvements	14,560
Gross Amount, Total	16,418
Accumulated Depreciation	$ 729
Year Constructed	1,987
Date Acquired	Mar. 1, 2017
Home Furnishings | Ann Arbor, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,096
Initial Cost to Building & Improvements	13,399
Gross Amount, Land & Improvements	2,096
Gross Amount, Building & Improvements	13,399
Gross Amount, Total	15,495
Accumulated Depreciation	$ 655
Year Constructed	1,992
Date Acquired	Mar. 1, 2017
Home Furnishings | Muskegon, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,113
Initial Cost to Building & Improvements	6,436
Gross Amount, Land & Improvements	1,113
Gross Amount, Building & Improvements	6,436
Gross Amount, Total	7,549
Accumulated Depreciation	$ 323
Year Constructed	1,987
Date Acquired	Mar. 1, 2017
Home Furnishings | Holland, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,361
Initial Cost to Building & Improvements	5,739
Gross Amount, Land & Improvements	1,361
Gross Amount, Building & Improvements	5,739
Gross Amount, Total	7,100
Accumulated Depreciation	$ 291
Year Constructed	1,992
Date Acquired	Mar. 1, 2017
Home Furnishings | Opelika, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,365
Initial Cost to Building & Improvements	3,864
Gross Amount, Land & Improvements	1,365
Gross Amount, Building & Improvements	3,864
Gross Amount, Total	5,229
Accumulated Depreciation	$ 192
Year Constructed	2,007
Date Acquired	Mar. 31, 2017
Early Childhood Education | Winter Garden, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,169
Initial Cost to Building & Improvements	4,603
Gross Amount, Land & Improvements	1,169
Gross Amount, Building & Improvements	4,603
Gross Amount, Total	5,772
Accumulated Depreciation	$ 175
Year Constructed	2,015
Date Acquired	Sep. 29, 2017
Early Childhood Education | Fleming Island, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 872
Initial Cost to Building & Improvements	2,523
Gross Amount, Land & Improvements	872
Gross Amount, Building & Improvements	2,523
Gross Amount, Total	3,395
Accumulated Depreciation	$ 18
Year Constructed	2,006
Date Acquired	Sep. 28, 2018
Early Childhood Education | San Antonio, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 482
Initial Cost to Building & Improvements	1,496
Gross Amount, Land & Improvements	482
Gross Amount, Building & Improvements	1,496
Gross Amount, Total	1,978
Accumulated Depreciation	$ 34
Year Constructed	2,007
Date Acquired	Mar. 29, 2018
Early Childhood Education | Cumming, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 876
Initial Cost to Building & Improvements	2,357
Gross Amount, Land & Improvements	876
Gross Amount, Building & Improvements	2,357
Gross Amount, Total	3,233
Accumulated Depreciation	$ 167
Year Constructed	2,001
Date Acquired	Sep. 30, 2016
Early Childhood Education | Suwanee, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 922
Initial Cost to Building & Improvements	2,108
Gross Amount, Land & Improvements	922
Gross Amount, Building & Improvements	2,108
Gross Amount, Total	3,030
Accumulated Depreciation	$ 149
Year Constructed	2,009
Date Acquired	Sep. 30, 2016
Early Childhood Education | Acworth, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 637
Initial Cost to Building & Improvements	1,365
Gross Amount, Land & Improvements	637
Gross Amount, Building & Improvements	1,365
Gross Amount, Total	2,002
Accumulated Depreciation	$ 32
Year Constructed	2,000
Date Acquired	May 18, 2018
Early Childhood Education | Alpharetta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,595
Initial Cost to Building & Improvements	4,177
Gross Amount, Land & Improvements	1,595
Gross Amount, Building & Improvements	4,177
Gross Amount, Total	5,772
Accumulated Depreciation	$ 248
Year Constructed	2,016
Date Acquired	Feb. 28, 2017
Early Childhood Education | Kernersville, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 605
Initial Cost to Building & Improvements	1,408
Gross Amount, Land & Improvements	605
Gross Amount, Building & Improvements	1,408
Gross Amount, Total	2,013
Accumulated Depreciation	$ 76
Year Constructed	1,997
Date Acquired	Apr. 3, 2017
Early Childhood Education | San Antonio, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 928
Initial Cost to Building & Improvements	3,312
Gross Amount, Land & Improvements	928
Gross Amount, Building & Improvements	3,312
Gross Amount, Total	4,240
Accumulated Depreciation	$ 159
Year Constructed	2,016
Date Acquired	Apr. 25, 2017
Early Childhood Education | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 278
Initial Cost to Building & Improvements	1,459
Gross Amount, Land & Improvements	278
Gross Amount, Building & Improvements	1,459
Gross Amount, Total	1,737
Accumulated Depreciation	$ 38
Year Constructed	1,985
Date Acquired	Mar. 9, 2018
Early Childhood Education | Orlando, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,175
Initial Cost to Building & Improvements	4,362
Gross Amount, Land & Improvements	1,175
Gross Amount, Building & Improvements	4,362
Gross Amount, Total	5,537
Accumulated Depreciation	$ 166
Year Constructed	2,010
Date Acquired	Aug. 25, 2017
Early Childhood Education | Lake Mary, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,829
Initial Cost to Building & Improvements	1,424
Gross Amount, Land & Improvements	1,829
Gross Amount, Building & Improvements	1,424
Gross Amount, Total	3,253
Accumulated Depreciation	$ 63
Year Constructed	2,005
Date Acquired	Sep. 29, 2017
Early Childhood Education | Overland Park, KS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,189
Initial Cost to Building & Improvements	4,062
Gross Amount, Land & Improvements	1,189
Gross Amount, Building & Improvements	4,062
Gross Amount, Total	5,251
Accumulated Depreciation	$ 136
Year Constructed	2,017
Date Acquired	Dec. 8, 2017
Early Childhood Education | Dublin, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 740
Initial Cost to Building & Improvements	2,934
Gross Amount, Land & Improvements	740
Gross Amount, Building & Improvements	2,934
Gross Amount, Total	3,674
Accumulated Depreciation	$ 70
Year Constructed	2,008
Date Acquired	Mar. 13, 2018
Early Childhood Education | Lansdowne, VA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,167
Initial Cost to Building & Improvements	2,982
Gross Amount, Land & Improvements	2,167
Gross Amount, Building & Improvements	2,982
Gross Amount, Total	5,149
Accumulated Depreciation	$ 105
Year Constructed	2,006
Date Acquired	Dec. 4, 2017
Early Childhood Education | Cary, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 485
Initial Cost to Building & Improvements	584
Gross Amount, Land & Improvements	485
Gross Amount, Building & Improvements	584
Gross Amount, Total	1,069
Accumulated Depreciation	$ 21
Year Constructed	1,992
Date Acquired	Jan. 26, 2018
Early Childhood Education | Cary, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 383
Initial Cost to Building & Improvements	1,271
Gross Amount, Land & Improvements	383
Gross Amount, Building & Improvements	1,271
Gross Amount, Total	1,654
Accumulated Depreciation	$ 37
Year Constructed	1,988
Date Acquired	Jan. 26, 2018
Early Childhood Education | Raleigh, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 898
Initial Cost to Building & Improvements	2,482
Gross Amount, Land & Improvements	898
Gross Amount, Building & Improvements	2,482
Gross Amount, Total	3,380
Accumulated Depreciation	$ 69
Year Constructed	1,994
Date Acquired	Jan. 26, 2018
Early Childhood Education | Trumbull, CT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 864
Gross Amount, Land & Improvements	864
Gross Amount, Total	$ 864
Date Acquired	Jan. 31, 2018
Early Childhood Education | Southaven, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,060
Initial Cost to Building & Improvements	1,496
Gross Amount, Land & Improvements	1,060
Gross Amount, Building & Improvements	1,496
Gross Amount, Total	2,556
Accumulated Depreciation	$ 50
Year Constructed	2,002
Date Acquired	Dec. 29, 2017
Early Childhood Education | Burlington, CT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 432
Initial Cost to Building & Improvements	1,408
Gross Amount, Land & Improvements	432
Gross Amount, Building & Improvements	1,408
Gross Amount, Total	1,840
Accumulated Depreciation	$ 40
Year Constructed	2,004
Date Acquired	Mar. 9, 2018
Early Childhood Education | Canton, CT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 730
Initial Cost to Building & Improvements	761
Gross Amount, Land & Improvements	730
Gross Amount, Building & Improvements	761
Gross Amount, Total	1,491
Accumulated Depreciation	$ 28
Year Constructed	1,979
Date Acquired	Mar. 9, 2018
Early Childhood Education | Byron Center, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 513
Initial Cost to Building & Improvements	1,591
Gross Amount, Land & Improvements	513
Gross Amount, Building & Improvements	1,591
Gross Amount, Total	2,104
Accumulated Depreciation	$ 43
Year Constructed	2,012
Date Acquired	Apr. 9, 2018
Early Childhood Education | Malvern, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 701
Initial Cost to Building & Improvements	2,084
Gross Amount, Land & Improvements	701
Gross Amount, Building & Improvements	2,084
Gross Amount, Total	2,785
Accumulated Depreciation	$ 36
Year Constructed	2,006
Date Acquired	Jun. 28, 2018
Early Childhood Education | Frazer, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 730
Initial Cost to Building & Improvements	2,276
Gross Amount, Land & Improvements	730
Gross Amount, Building & Improvements	2,276
Gross Amount, Total	3,006
Accumulated Depreciation	$ 38
Year Constructed	1,998
Date Acquired	Jun. 28, 2018
Early Childhood Education | Glen Mills, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 3,938
Initial Cost to Building & Improvements	3,246
Gross Amount, Land & Improvements	3,938
Gross Amount, Building & Improvements	3,246
Gross Amount, Total	7,184
Accumulated Depreciation	$ 75
Year Constructed	1,992
Date Acquired	Jun. 28, 2018
Early Childhood Education | Erial, NJ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 740
Initial Cost to Building & Improvements	1,546
Gross Amount, Land & Improvements	740
Gross Amount, Building & Improvements	1,546
Gross Amount, Total	2,286
Accumulated Depreciation	$ 24
Year Constructed	2,000
Date Acquired	Jun. 28, 2018
Early Childhood Education | Exton, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 442
Initial Cost to Building & Improvements	2,007
Gross Amount, Land & Improvements	442
Gross Amount, Building & Improvements	2,007
Gross Amount, Total	2,449
Accumulated Depreciation	$ 31
Year Constructed	2,000
Date Acquired	Jun. 28, 2018
Early Childhood Education | Voorhees, NJ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 509
Initial Cost to Building & Improvements	1,892
Gross Amount, Land & Improvements	509
Gross Amount, Building & Improvements	1,892
Gross Amount, Total	2,401
Accumulated Depreciation	$ 31
Year Constructed	2,002
Date Acquired	Jun. 28, 2018
Early Childhood Education | Royersford, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 259
Initial Cost to Building & Improvements	1,892
Gross Amount, Land & Improvements	259
Gross Amount, Building & Improvements	1,892
Gross Amount, Total	2,151
Accumulated Depreciation	$ 28
Year Constructed	2,002
Date Acquired	Jun. 28, 2018
Early Childhood Education | West Norriton, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 557
Initial Cost to Building & Improvements	1,998
Gross Amount, Land & Improvements	557
Gross Amount, Building & Improvements	1,998
Gross Amount, Total	2,555
Accumulated Depreciation	$ 31
Year Constructed	2,003
Date Acquired	Jun. 28, 2018
Early Childhood Education | King of Prussia, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 490
Initial Cost to Building & Improvements	2,171
Gross Amount, Land & Improvements	490
Gross Amount, Building & Improvements	2,171
Gross Amount, Total	2,661
Accumulated Depreciation	$ 32
Year Constructed	2,004
Date Acquired	Jun. 28, 2018
Early Childhood Education | Downingtown, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 605
Initial Cost to Building & Improvements	2,219
Gross Amount, Land & Improvements	605
Gross Amount, Building & Improvements	2,219
Gross Amount, Total	2,824
Accumulated Depreciation	$ 34
Year Constructed	2,007
Date Acquired	Jun. 28, 2018
Early Childhood Education | Collegeville, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 423
Initial Cost to Building & Improvements	1,940
Gross Amount, Land & Improvements	423
Gross Amount, Building & Improvements	1,940
Gross Amount, Total	2,363
Accumulated Depreciation	$ 29
Year Constructed	2,008
Date Acquired	Jun. 28, 2018
Early Childhood Education | Phoenixville, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,431
Initial Cost to Building & Improvements	4,466
Gross Amount, Land & Improvements	1,431
Gross Amount, Building & Improvements	4,466
Gross Amount, Total	5,897
Accumulated Depreciation	$ 73
Year Constructed	2,010
Date Acquired	Jun. 28, 2018
Early Childhood Education | Blue Bell, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 788
Initial Cost to Building & Improvements	3,218
Gross Amount, Land & Improvements	788
Gross Amount, Building & Improvements	3,218
Gross Amount, Total	4,006
Accumulated Depreciation	$ 48
Year Constructed	1,967
Date Acquired	Jun. 28, 2018
Early Childhood Education | Surprise, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,546
Initial Cost to Building & Improvements	1,736
Gross Amount, Land & Improvements	1,546
Gross Amount, Building & Improvements	1,736
Gross Amount, Total	3,282
Accumulated Depreciation	$ 29
Year Constructed	2,008
Date Acquired	Jun. 21, 2018
Early Childhood Education | Leon Springs, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 617
Initial Cost to Building & Improvements	2,258
Gross Amount, Land & Improvements	617
Gross Amount, Building & Improvements	2,258
Gross Amount, Total	2,875
Accumulated Depreciation	$ 24
Year Constructed	2,008
Date Acquired	Sep. 14, 2018
Early Childhood Education | Colleyville, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 695
Initial Cost to Building & Improvements	1,022
Gross Amount, Land & Improvements	695
Gross Amount, Building & Improvements	1,022
Gross Amount, Total	1,717
Accumulated Depreciation	$ 9
Year Constructed	1,997
Date Acquired	Sep. 18, 2018
Early Childhood Education | Macon, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 538
Initial Cost to Building & Improvements	1,067
Gross Amount, Land & Improvements	538
Gross Amount, Building & Improvements	1,067
Gross Amount, Total	1,605
Accumulated Depreciation	$ 2
Year Constructed	2,007
Date Acquired	Dec. 14, 2018
Early Childhood Education | Eden Prairie, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,264
Initial Cost to Building & Improvements	1,651
Gross Amount, Land & Improvements	1,264
Gross Amount, Building & Improvements	1,651
Gross Amount, Total	2,915
Accumulated Depreciation	$ 25
Year Constructed	1,995
Date Acquired	Aug. 10, 2018
Early Childhood Education | Ashburn, VA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 898
Initial Cost to Building & Improvements	671
Gross Amount, Land & Improvements	898
Gross Amount, Building & Improvements	671
Gross Amount, Total	1,569
Accumulated Depreciation	$ 6
Year Constructed	2,001
Date Acquired	Sep. 28, 2018
Early Childhood Education | Macon, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 508
Initial Cost to Building & Improvements	1,067
Gross Amount, Land & Improvements	508
Gross Amount, Building & Improvements	1,067
Gross Amount, Total	1,575
Accumulated Depreciation	$ 2
Year Constructed	2,008
Date Acquired	Dec. 14, 2018
Early Childhood Education | Olive Branch, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,027
Initial Cost to Building & Improvements	1,050
Gross Amount, Land & Improvements	1,027
Gross Amount, Building & Improvements	1,050
Gross Amount, Total	2,077
Accumulated Depreciation	$ 4
Year Constructed	2,009
Date Acquired	Dec. 5, 2018
Early Childhood Education | McDonough, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 604
Initial Cost to Building & Improvements	2,065
Gross Amount, Land & Improvements	604
Gross Amount, Building & Improvements	2,065
Gross Amount, Total	2,669
Accumulated Depreciation	$ 11
Year Constructed	2,002
Date Acquired	Nov. 2, 2018
Early Childhood Education | Canton, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 504
Initial Cost to Building & Improvements	2,079
Gross Amount, Land & Improvements	504
Gross Amount, Building & Improvements	2,079
Gross Amount, Total	2,583
Accumulated Depreciation	$ 11
Year Constructed	2,006
Date Acquired	Nov. 9, 2018
Early Childhood Education | Arlington, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,296
Initial Cost to Building & Improvements	3,239
Gross Amount, Land & Improvements	1,296
Gross Amount, Building & Improvements	3,239
Gross Amount, Total	$ 4,535
Year Constructed	1,989
Date Acquired	Dec. 27, 2018
Early Childhood Education | Manchester, CT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 915
Initial Cost to Building & Improvements	939
Gross Amount, Land & Improvements	915
Gross Amount, Building & Improvements	939
Gross Amount, Total	1,854
Accumulated Depreciation	$ 3
Year Constructed	1,977
Date Acquired	Dec. 7, 2018
Car Washes | Marietta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,302
Initial Cost to Building & Improvements	2,136
Gross Amount, Land & Improvements	1,302
Gross Amount, Building & Improvements	2,136
Gross Amount, Total	3,438
Accumulated Depreciation	$ 144
Year Constructed	2,002
Date Acquired	Oct. 17, 2016
Car Washes | Conyers, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,136
Initial Cost to Building & Improvements	4,332
Gross Amount, Land & Improvements	1,136
Gross Amount, Building & Improvements	4,332
Gross Amount, Total	5,468
Accumulated Depreciation	$ 269
Year Constructed	2,013
Date Acquired	Jan. 24, 2017
Car Washes | Covington, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 824
Initial Cost to Building & Improvements	3,759
Gross Amount, Land & Improvements	824
Gross Amount, Building & Improvements	3,759
Gross Amount, Total	4,583
Accumulated Depreciation	$ 242
Year Constructed	2,011
Date Acquired	Jan. 24, 2017
Car Washes | Little Rock, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 685
Initial Cost to Building & Improvements	3,361
Gross Amount, Land & Improvements	685
Gross Amount, Building & Improvements	3,361
Gross Amount, Total	4,046
Accumulated Depreciation	$ 123
Year Constructed	1,976
Date Acquired	Sep. 12, 2017
Car Washes | Acworth, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,346
Initial Cost to Building & Improvements	2,615
Gross Amount, Land & Improvements	1,346
Gross Amount, Building & Improvements	2,615
Gross Amount, Total	3,961
Accumulated Depreciation	$ 176
Year Constructed	2,006
Date Acquired	Oct. 17, 2016
Car Washes | Douglasville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,974
Initial Cost to Building & Improvements	2,882
Gross Amount, Land & Improvements	1,974
Gross Amount, Building & Improvements	2,882
Gross Amount, Total	4,856
Accumulated Depreciation	$ 194
Year Constructed	2,006
Date Acquired	Oct. 17, 2016
Car Washes | Hiram, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,376
Initial Cost to Building & Improvements	2,947
Gross Amount, Land & Improvements	1,376
Gross Amount, Building & Improvements	2,947
Gross Amount, Total	4,323
Accumulated Depreciation	$ 199
Year Constructed	2,004
Date Acquired	Oct. 17, 2016
Car Washes | Tucson, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,048
Initial Cost to Building & Improvements	2,190
Gross Amount, Land & Improvements	1,048
Gross Amount, Building & Improvements	2,190
Gross Amount, Total	3,238
Accumulated Depreciation	$ 142
Year Constructed	2,010
Date Acquired	Nov. 9, 2016
Car Washes | Anderson, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 793
Initial Cost to Building & Improvements	4,031
Gross Amount, Land & Improvements	793
Gross Amount, Building & Improvements	4,031
Gross Amount, Total	4,824
Accumulated Depreciation	$ 148
Year Constructed	2,008
Date Acquired	Sep. 26, 2017
Car Washes | Shreveport, LA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 836
Initial Cost to Building & Improvements	2,812
Gross Amount, Land & Improvements	836
Gross Amount, Building & Improvements	2,812
Gross Amount, Total	3,648
Accumulated Depreciation	$ 152
Year Constructed	2,012
Date Acquired	Mar. 22, 2017
Car Washes | Bossier City, LA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 463
Initial Cost to Building & Improvements	2,637
Gross Amount, Land & Improvements	463
Gross Amount, Building & Improvements	2,637
Gross Amount, Total	3,100
Accumulated Depreciation	$ 135
Year Constructed	2,010
Date Acquired	Mar. 22, 2017
Car Washes | Las Cruces, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 510
Initial Cost to Building & Improvements	2,290
Gross Amount, Land & Improvements	510
Gross Amount, Building & Improvements	2,290
Gross Amount, Total	2,800
Accumulated Depreciation	$ 113
Year Constructed	2,008
Date Acquired	May 24, 2017
Car Washes | Las Cruces, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 570
Initial Cost to Building & Improvements	2,187
Gross Amount, Land & Improvements	570
Gross Amount, Building & Improvements	2,187
Gross Amount, Total	2,757
Accumulated Depreciation	$ 108
Year Constructed	2,010
Date Acquired	May 24, 2017
Car Washes | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 634
Initial Cost to Building & Improvements	4,945
Gross Amount, Land & Improvements	634
Gross Amount, Building & Improvements	4,945
Gross Amount, Total	5,579
Accumulated Depreciation	$ 244
Year Constructed	2,005
Date Acquired	Jun. 6, 2017
Car Washes | Pueblo, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 898
Initial Cost to Building & Improvements	5,103
Gross Amount, Land & Improvements	898
Gross Amount, Building & Improvements	5,103
Gross Amount, Total	6,001
Accumulated Depreciation	$ 251
Year Constructed	2,008
Date Acquired	Jun. 6, 2017
Car Washes | Buford, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,353
Initial Cost to Building & Improvements	3,693
Gross Amount, Land & Improvements	1,353
Gross Amount, Building & Improvements	3,693
Gross Amount, Total	5,046
Accumulated Depreciation	$ 170
Year Constructed	2,010
Date Acquired	Aug. 15, 2017
Car Washes | Farmington, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 746
Initial Cost to Building & Improvements	2,795
Gross Amount, Land & Improvements	746
Gross Amount, Building & Improvements	2,795
Gross Amount, Total	3,541
Accumulated Depreciation	$ 138
Year Constructed	2,013
Date Acquired	Jun. 6, 2017
Car Washes | Knoxville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 509
Initial Cost to Building & Improvements	2,105
Gross Amount, Land & Improvements	509
Gross Amount, Building & Improvements	2,105
Gross Amount, Total	2,614
Accumulated Depreciation	$ 74
Year Constructed	2,009
Date Acquired	Sep. 18, 2017
Car Washes | Knoxville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 509
Initial Cost to Building & Improvements	2,222
Gross Amount, Land & Improvements	509
Gross Amount, Building & Improvements	2,222
Gross Amount, Total	2,731
Accumulated Depreciation	$ 80
Year Constructed	2,009
Date Acquired	Sep. 18, 2017
Car Washes | Knoxville, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 588
Initial Cost to Building & Improvements	2,134
Gross Amount, Land & Improvements	588
Gross Amount, Building & Improvements	2,134
Gross Amount, Total	2,722
Accumulated Depreciation	$ 81
Year Constructed	2,009
Date Acquired	Sep. 18, 2017
Car Washes | Bryant, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 489
Initial Cost to Building & Improvements	2,790
Gross Amount, Land & Improvements	489
Gross Amount, Building & Improvements	2,790
Gross Amount, Total	3,279
Accumulated Depreciation	$ 96
Year Constructed	1,997
Date Acquired	Sep. 20, 2017
Car Washes | Cornelia, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 470
Initial Cost to Building & Improvements	2,670
Gross Amount, Land & Improvements	470
Gross Amount, Building & Improvements	2,670
Gross Amount, Total	3,140
Accumulated Depreciation	$ 98
Year Constructed	2,001
Date Acquired	Sep. 26, 2017
Car Washes | South Commerce, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 607
Initial Cost to Building & Improvements	3,072
Gross Amount, Land & Improvements	607
Gross Amount, Building & Improvements	3,072
Gross Amount, Total	3,679
Accumulated Depreciation	$ 115
Year Constructed	2,016
Date Acquired	Sep. 26, 2017
Car Washes | Seneca, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 255
Initial Cost to Building & Improvements	2,994
Gross Amount, Land & Improvements	255
Gross Amount, Building & Improvements	2,994
Gross Amount, Total	3,249
Accumulated Depreciation	$ 103
Year Constructed	2,005
Date Acquired	Sep. 26, 2017
Car Washes | Greenville, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 715
Initial Cost to Building & Improvements	2,724
Gross Amount, Land & Improvements	715
Gross Amount, Building & Improvements	2,724
Gross Amount, Total	3,439
Accumulated Depreciation	$ 101
Year Constructed	2,005
Date Acquired	Sep. 26, 2017
Car Washes | Springdale, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 597
Initial Cost to Building & Improvements	1,908
Gross Amount, Land & Improvements	597
Gross Amount, Building & Improvements	1,908
Gross Amount, Total	2,505
Accumulated Depreciation	$ 76
Year Constructed	2,009
Date Acquired	Sep. 29, 2017
Car Washes | Rogers, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 763
Initial Cost to Building & Improvements	2,663
Gross Amount, Land & Improvements	763
Gross Amount, Building & Improvements	2,663
Gross Amount, Total	3,426
Accumulated Depreciation	$ 100
Year Constructed	2,005
Date Acquired	Sep. 29, 2017
Car Washes | Shreveport, LA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 460
Initial Cost to Building & Improvements	2,615
Gross Amount, Land & Improvements	460
Gross Amount, Building & Improvements	2,615
Gross Amount, Total	3,075
Accumulated Depreciation	$ 98
Year Constructed	2,017
Date Acquired	Sep. 29, 2017
Car Washes | Fayetteville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 567
Initial Cost to Building & Improvements	1,377
Gross Amount, Land & Improvements	567
Gross Amount, Building & Improvements	1,377
Gross Amount, Total	1,944
Accumulated Depreciation	$ 47
Year Constructed	2,011
Date Acquired	Dec. 28, 2017
Car Washes | Fayetteville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 597
Initial Cost to Building & Improvements	1,675
Gross Amount, Land & Improvements	597
Gross Amount, Building & Improvements	1,675
Gross Amount, Total	2,272
Accumulated Depreciation	$ 58
Year Constructed	1,980
Date Acquired	Dec. 28, 2017
Car Washes | Bentonville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,307
Initial Cost to Building & Improvements	2,436
Gross Amount, Land & Improvements	1,307
Gross Amount, Building & Improvements	2,436
Gross Amount, Total	3,743
Accumulated Depreciation	$ 83
Year Constructed	2,017
Date Acquired	Dec. 28, 2017
Car Washes | Davenport, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 757
Initial Cost to Building & Improvements	2,394
Gross Amount, Land & Improvements	757
Gross Amount, Building & Improvements	2,394
Gross Amount, Total	$ 3,151
Year Constructed	1,990
Date Acquired	Dec. 20, 2018
Car Washes | Stillwater, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 669
Initial Cost to Building & Improvements	1,634
Gross Amount, Land & Improvements	669
Gross Amount, Building & Improvements	1,634
Gross Amount, Total	2,303
Accumulated Depreciation	$ 57
Year Constructed	2,006
Date Acquired	Dec. 28, 2017
Car Washes | Stillwater, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 825
Initial Cost to Building & Improvements	750
Gross Amount, Land & Improvements	825
Gross Amount, Building & Improvements	750
Gross Amount, Total	1,575
Accumulated Depreciation	$ 35
Year Constructed	2,007
Date Acquired	Dec. 28, 2017
Car Washes | Stillwater, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 320
Initial Cost to Building & Improvements	924
Gross Amount, Land & Improvements	320
Gross Amount, Building & Improvements	924
Gross Amount, Total	1,244
Accumulated Depreciation	$ 29
Year Constructed	2,002
Date Acquired	Dec. 28, 2017
Car Washes | Bel Air, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 321
Initial Cost to Building & Improvements	3,120
Gross Amount, Land & Improvements	321
Gross Amount, Building & Improvements	3,120
Gross Amount, Total	3,441
Accumulated Depreciation	$ 66
Year Constructed	2,016
Date Acquired	Apr. 26, 2018
Car Washes | Fayetteville, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 675
Initial Cost to Building & Improvements	2,405
Gross Amount, Land & Improvements	675
Gross Amount, Building & Improvements	2,405
Gross Amount, Total	3,080
Accumulated Depreciation	$ 37
Year Constructed	2,018
Date Acquired	Jun. 21, 2018
Car Washes | Athen, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,011
Initial Cost to Building & Improvements	2,536
Cost Capitalized Subsequent to Acquisition Building & Improvements	600
Gross Amount, Land & Improvements	1,011
Gross Amount, Building & Improvements	3,136
Gross Amount, Total	4,147
Accumulated Depreciation	$ 43
Year Constructed	2,006
Date Acquired	Jul. 26, 2018
Car Washes | Winder, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 683
Initial Cost to Building & Improvements	2,027
Gross Amount, Land & Improvements	683
Gross Amount, Building & Improvements	2,027
Gross Amount, Total	2,710
Accumulated Depreciation	$ 31
Year Constructed	2,008
Date Acquired	Jul. 26, 2018
Car Washes | Decatur, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 703
Initial Cost to Building & Improvements	3,031
Gross Amount, Land & Improvements	703
Gross Amount, Building & Improvements	3,031
Gross Amount, Total	3,734
Accumulated Depreciation	$ 40
Year Constructed	1,967
Date Acquired	Jul. 26, 2018
Car Washes | Decatur, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 828
Initial Cost to Building & Improvements	2,029
Gross Amount, Land & Improvements	828
Gross Amount, Building & Improvements	2,029
Gross Amount, Total	2,857
Accumulated Depreciation	$ 32
Year Constructed	2,007
Date Acquired	Jul. 26, 2018
Car Washes | Duluth, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,261
Initial Cost to Building & Improvements	2,187
Gross Amount, Land & Improvements	1,261
Gross Amount, Building & Improvements	2,187
Gross Amount, Total	3,448
Accumulated Depreciation	$ 32
Year Constructed	2,006
Date Acquired	Jul. 26, 2018
Car Washes | Dubuque, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 990
Initial Cost to Building & Improvements	2,121
Gross Amount, Land & Improvements	990
Gross Amount, Building & Improvements	2,121
Gross Amount, Total	$ 3,111
Year Constructed	1,992
Date Acquired	Dec. 20, 2018
Car Washes | Springdale, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,405
Initial Cost to Building & Improvements	3,139
Gross Amount, Land & Improvements	1,405
Gross Amount, Building & Improvements	3,139
Gross Amount, Total	4,544
Accumulated Depreciation	$ 26
Year Constructed	2,018
Date Acquired	Sep. 28, 2018
Car Washes | Rock Island, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,030
Initial Cost to Building & Improvements	2,949
Gross Amount, Land & Improvements	1,030
Gross Amount, Building & Improvements	2,949
Gross Amount, Total	$ 3,979
Year Constructed	1,996
Date Acquired	Dec. 20, 2018
Movie Theatres | Florence, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,519
Initial Cost to Building & Improvements	6,294
Cost Caoitalized Subsequent to Acquisition Land & Improvements	61
Gross Amount, Land & Improvements	1,580
Gross Amount, Building & Improvements	6,294
Gross Amount, Total	7,874
Accumulated Depreciation	$ 418
Year Constructed	2,015
Date Acquired	Dec. 19, 2016
Movie Theatres | Myrtle Beach, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,465
Initial Cost to Building & Improvements	7,081
Gross Amount, Land & Improvements	1,465
Gross Amount, Building & Improvements	7,081
Gross Amount, Total	8,546
Accumulated Depreciation	$ 359
Year Constructed	2,006
Date Acquired	Jan. 31, 2017
Movie Theatres | Kenosha, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 3,159
Initial Cost to Building & Improvements	3,755
Cost Caoitalized Subsequent to Acquisition Land & Improvements	116
Gross Amount, Land & Improvements	3,275
Gross Amount, Building & Improvements	3,755
Gross Amount, Total	7,030
Accumulated Depreciation	$ 217
Year Constructed	1,997
Date Acquired	Jun. 8, 2017
Movie Theatres | Dublin, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,126
Initial Cost to Building & Improvements	10,097
Gross Amount, Land & Improvements	2,126
Gross Amount, Building & Improvements	10,097
Gross Amount, Total	12,223
Accumulated Depreciation	$ 310
Year Constructed	1,994
Date Acquired	Dec. 15, 2017
Movie Theatres | Shelby, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,826
Initial Cost to Building & Improvements	2,798
Gross Amount, Land & Improvements	1,826
Gross Amount, Building & Improvements	2,798
Gross Amount, Total	4,624
Accumulated Depreciation	$ 75
Year Constructed	2,004
Date Acquired	Mar. 22, 2018
Movie Theatres | Decatur, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,491
Initial Cost to Building & Improvements	4,350
Gross Amount, Land & Improvements	1,491
Gross Amount, Building & Improvements	4,350
Gross Amount, Total	5,841
Accumulated Depreciation	$ 101
Year Constructed	2,013
Date Acquired	May 10, 2018
Health and Fitness | Columbus, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,175
Initial Cost to Building & Improvements	2,540
Gross Amount, Land & Improvements	2,175
Gross Amount, Building & Improvements	2,540
Gross Amount, Total	4,715
Accumulated Depreciation	$ 99
Year Constructed	2,005
Date Acquired	Dec. 29, 2017
Health and Fitness | Tucson, AZ
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 4,227
Gross Amount, Land & Improvements	4,227
Gross Amount, Total	$ 4,227
Date Acquired	Oct. 10, 2018
Health and Fitness | West Valley City, UT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,936
Initial Cost to Building & Improvements	4,210
Gross Amount, Land & Improvements	1,936
Gross Amount, Building & Improvements	4,210
Gross Amount, Total	6,146
Accumulated Depreciation	$ 241
Year Constructed	1,984
Date Acquired	Dec. 30, 2016
Health and Fitness | Arvada, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,342
Initial Cost to Building & Improvements	2,808
Cost Capitalized Subsequent to Acquisition Building & Improvements	400
Gross Amount, Land & Improvements	1,342
Gross Amount, Building & Improvements	3,208
Gross Amount, Total	4,550
Accumulated Depreciation	$ 125
Year Constructed	1,982
Date Acquired	Sep. 5, 2017
Health and Fitness | Hobbs, NM
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 938
Initial Cost to Building & Improvements	1,503
Gross Amount, Land & Improvements	938
Gross Amount, Building & Improvements	1,503
Gross Amount, Total	2,441
Accumulated Depreciation	$ 69
Year Constructed	2,016
Date Acquired	Sep. 28, 2017
Health and Fitness | Florence, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 868
Initial Cost to Building & Improvements	2,186
Gross Amount, Land & Improvements	868
Gross Amount, Building & Improvements	2,186
Gross Amount, Total	3,054
Accumulated Depreciation	$ 87
Year Constructed	1,994
Date Acquired	Sep. 28, 2017
Health and Fitness | Greeley, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,484
Initial Cost to Building & Improvements	4,491
Gross Amount, Land & Improvements	1,484
Gross Amount, Building & Improvements	4,491
Gross Amount, Total	5,975
Accumulated Depreciation	$ 148
Year Constructed	1,989
Date Acquired	Nov. 16, 2017
Health and Fitness | Auburn, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,104
Initial Cost to Building & Improvements	2,411
Gross Amount, Land & Improvements	1,104
Gross Amount, Building & Improvements	2,411
Gross Amount, Total	3,515
Accumulated Depreciation	$ 86
Year Constructed	2,007
Date Acquired	Dec. 29, 2017
Health and Fitness | Wichita, KS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,594
Cost Caoitalized Subsequent to Acquisition Land & Improvements	326
Cost Capitalized Subsequent to Acquisition Building & Improvements	4,812
Gross Amount, Land & Improvements	2,920
Gross Amount, Building & Improvements	4,812
Gross Amount, Total	7,732
Accumulated Depreciation	$ 59
Year Constructed	2,018
Date Acquired	Jan. 19, 2018
Health and Fitness | Aiken, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,063
Initial Cost to Building & Improvements	3,787
Gross Amount, Land & Improvements	1,063
Gross Amount, Building & Improvements	3,787
Gross Amount, Total	4,850
Accumulated Depreciation	$ 95
Year Constructed	1,998
Date Acquired	Mar. 1, 2018
Health and Fitness | Tulsa, OK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,856
Cost Caoitalized Subsequent to Acquisition Land & Improvements	108
Cost Capitalized Subsequent to Acquisition Building & Improvements	4,329
Gross Amount, Land & Improvements	2,964
Gross Amount, Building & Improvements	4,329
Gross Amount, Total	7,293
Accumulated Depreciation	$ 19
Year Constructed	2,018
Date Acquired	Mar. 22, 2018
Health and Fitness | Salisbury, MA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,169
Initial Cost to Building & Improvements	14,584
Gross Amount, Land & Improvements	1,169
Gross Amount, Building & Improvements	14,584
Gross Amount, Total	15,753
Accumulated Depreciation	$ 189
Year Constructed	2,004
Date Acquired	Jun. 29, 2018
Health and Fitness | Peabody, MA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 3,497
Initial Cost to Building & Improvements	6,523
Gross Amount, Land & Improvements	3,497
Gross Amount, Building & Improvements	6,523
Gross Amount, Total	10,020
Accumulated Depreciation	$ 93
Year Constructed	2,009
Date Acquired	Jun. 29, 2018
Health and Fitness | Methuen, MA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 4,544
Initial Cost to Building & Improvements	5,179
Gross Amount, Land & Improvements	4,544
Gross Amount, Building & Improvements	5,179
Gross Amount, Total	9,723
Accumulated Depreciation	$ 89
Year Constructed	2,002
Date Acquired	Jun. 29, 2018
Health and Fitness | Eugene, OR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,046
Initial Cost to Building & Improvements	2,986
Gross Amount, Land & Improvements	1,046
Gross Amount, Building & Improvements	2,986
Gross Amount, Total	4,032
Accumulated Depreciation	$ 31
Year Constructed	1,980
Date Acquired	Sep. 13, 2018
Health and Fitness | Metairie, LA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,323
Initial Cost to Building & Improvements	2,143
Gross Amount, Land & Improvements	1,323
Gross Amount, Building & Improvements	2,143
Gross Amount, Total	3,466
Accumulated Depreciation	$ 19
Year Constructed	2,016
Date Acquired	Sep. 21, 2018
Health and Fitness | Springfield, OR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,024
Initial Cost to Building & Improvements	2,468
Gross Amount, Land & Improvements	2,024
Gross Amount, Building & Improvements	2,468
Gross Amount, Total	4,492
Accumulated Depreciation	$ 33
Year Constructed	1,999
Date Acquired	Sep. 13, 2018
Health and Fitness | Moncks Corner, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 978
Initial Cost to Building & Improvements	1,439
Gross Amount, Land & Improvements	978
Gross Amount, Building & Improvements	1,439
Gross Amount, Total	2,417
Accumulated Depreciation	$ 29
Year Constructed	2,002
Date Acquired	Jun. 29, 2018
Health and Fitness | Winston-Salem, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 986
Initial Cost to Building & Improvements	1,205
Gross Amount, Land & Improvements	986
Gross Amount, Building & Improvements	1,205
Gross Amount, Total	$ 2,191
Year Constructed	1,972
Date Acquired	Dec. 19, 2018
Building Materials | Gainesville, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 934
Initial Cost to Building & Improvements	638
Gross Amount, Land & Improvements	934
Gross Amount, Building & Improvements	638
Gross Amount, Total	1,572
Accumulated Depreciation	$ 36
Year Constructed	2,003
Date Acquired	Jun. 1, 2017
Building Materials | Douglasville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,026
Initial Cost to Building & Improvements	2,421
Gross Amount, Land & Improvements	1,026
Gross Amount, Building & Improvements	2,421
Gross Amount, Total	3,447
Accumulated Depreciation	$ 136
Year Constructed	2,004
Date Acquired	Jun. 1, 2017
Building Materials | Troy, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 403
Initial Cost to Building & Improvements	693
Gross Amount, Land & Improvements	403
Gross Amount, Building & Improvements	693
Gross Amount, Total	1,096
Accumulated Depreciation	$ 39
Year Constructed	1,991
Date Acquired	Jun. 1, 2017
Building Materials | Jackson, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 288
Initial Cost to Building & Improvements	211
Gross Amount, Land & Improvements	288
Gross Amount, Building & Improvements	211
Gross Amount, Total	499
Accumulated Depreciation	$ 12
Year Constructed	1,995
Date Acquired	Jun. 1, 2017
Building Materials | Lancaster, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 376
Initial Cost to Building & Improvements	833
Gross Amount, Land & Improvements	376
Gross Amount, Building & Improvements	833
Gross Amount, Total	1,209
Accumulated Depreciation	$ 47
Year Constructed	1,995
Date Acquired	Jun. 1, 2017
Building Materials | Columbia Station, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,078
Initial Cost to Building & Improvements	1,437
Gross Amount, Land & Improvements	1,078
Gross Amount, Building & Improvements	1,437
Gross Amount, Total	2,515
Accumulated Depreciation	$ 81
Year Constructed	1,961
Date Acquired	Jun. 1, 2017
Building Materials | Portsmouth, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 133
Initial Cost to Building & Improvements	160
Gross Amount, Land & Improvements	133
Gross Amount, Building & Improvements	160
Gross Amount, Total	293
Accumulated Depreciation	$ 9
Year Constructed	1,996
Date Acquired	Jun. 1, 2017
Building Materials | Bridgeport, WV
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 386
Initial Cost to Building & Improvements	273
Gross Amount, Land & Improvements	386
Gross Amount, Building & Improvements	273
Gross Amount, Total	659
Accumulated Depreciation	$ 15
Year Constructed	1,978
Date Acquired	Jun. 1, 2017
Building Materials | Radcliff, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 414
Initial Cost to Building & Improvements	200
Gross Amount, Land & Improvements	414
Gross Amount, Building & Improvements	200
Gross Amount, Total	614
Accumulated Depreciation	$ 11
Year Constructed	1,984
Date Acquired	Jun. 1, 2017
Building Materials | Cartersville, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,313
Initial Cost to Building & Improvements	1,743
Gross Amount, Land & Improvements	1,313
Gross Amount, Building & Improvements	1,743
Gross Amount, Total	3,056
Accumulated Depreciation	$ 98
Year Constructed	2,003
Date Acquired	Jun. 1, 2017
Building Materials | El Paso, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 901
Initial Cost to Building & Improvements	177
Gross Amount, Land & Improvements	901
Gross Amount, Building & Improvements	177
Gross Amount, Total	1,078
Accumulated Depreciation	$ 10
Year Constructed	1,984
Date Acquired	Jun. 1, 2017
Building Materials | Garland, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,250
Initial Cost to Building & Improvements	2,283
Gross Amount, Land & Improvements	1,250
Gross Amount, Building & Improvements	2,283
Gross Amount, Total	3,533
Accumulated Depreciation	$ 128
Year Constructed	2,001
Date Acquired	Jun. 1, 2017
Building Materials | Conroe, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,150
Initial Cost to Building & Improvements	631
Gross Amount, Land & Improvements	2,150
Gross Amount, Building & Improvements	631
Gross Amount, Total	2,781
Accumulated Depreciation	$ 35
Year Constructed	2,002
Date Acquired	Jun. 1, 2017
Building Materials | Amarillo, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 927
Initial Cost to Building & Improvements	655
Gross Amount, Land & Improvements	927
Gross Amount, Building & Improvements	655
Gross Amount, Total	1,582
Accumulated Depreciation	$ 37
Year Constructed	2,002
Date Acquired	Jun. 1, 2017
Building Materials | Grand Junction, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 760
Initial Cost to Building & Improvements	403
Gross Amount, Land & Improvements	760
Gross Amount, Building & Improvements	403
Gross Amount, Total	1,163
Accumulated Depreciation	$ 23
Year Constructed	1,983
Date Acquired	Jun. 1, 2017
Building Materials | Mt Pleasant, SC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,097
Initial Cost to Building & Improvements	171
Gross Amount, Land & Improvements	1,097
Gross Amount, Building & Improvements	171
Gross Amount, Total	1,268
Accumulated Depreciation	$ 10
Year Constructed	1,983
Date Acquired	Jun. 1, 2017
Building Materials | Irondale, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 546
Initial Cost to Building & Improvements	227
Gross Amount, Land & Improvements	546
Gross Amount, Building & Improvements	227
Gross Amount, Total	773
Accumulated Depreciation	$ 13
Year Constructed	1,975
Date Acquired	Jun. 1, 2017
Building Materials | Bessemer, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,514
Initial Cost to Building & Improvements	3,413
Gross Amount, Land & Improvements	1,514
Gross Amount, Building & Improvements	3,413
Gross Amount, Total	4,927
Accumulated Depreciation	$ 191
Year Constructed	2,002
Date Acquired	Jun. 1, 2017
Building Materials | Maumee, OH
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 733
Initial Cost to Building & Improvements	1,238
Gross Amount, Land & Improvements	733
Gross Amount, Building & Improvements	1,238
Gross Amount, Total	1,971
Accumulated Depreciation	$ 69
Year Constructed	1,963
Date Acquired	Jun. 1, 2017
Entertainment | Orlando, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,290
Initial Cost to Building & Improvements	4,377
Gross Amount, Land & Improvements	2,290
Gross Amount, Building & Improvements	4,377
Gross Amount, Total	6,667
Accumulated Depreciation	$ 164
Year Constructed	2,007
Date Acquired	Sep. 29, 2017
Entertainment | Visalia, CA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,320
Initial Cost to Building & Improvements	2,320
Gross Amount, Land & Improvements	1,320
Gross Amount, Building & Improvements	2,320
Gross Amount, Total	3,640
Accumulated Depreciation	$ 121
Year Constructed	1,984
Date Acquired	Jun. 30, 2017
Entertainment | Hoover, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,403
Initial Cost to Building & Improvements	2,939
Gross Amount, Land & Improvements	1,403
Gross Amount, Building & Improvements	2,939
Gross Amount, Total	4,342
Accumulated Depreciation	$ 118
Year Constructed	2,017
Date Acquired	Oct. 13, 2017
Entertainment | Andover, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 898
Initial Cost to Building & Improvements	1,208
Gross Amount, Land & Improvements	898
Gross Amount, Building & Improvements	1,208
Gross Amount, Total	2,106
Accumulated Depreciation	$ 4
Year Constructed	2,005
Date Acquired	Dec. 12, 2018
Entertainment | Rochester, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 379
Initial Cost to Building & Improvements	968
Gross Amount, Land & Improvements	379
Gross Amount, Building & Improvements	968
Gross Amount, Total	1,347
Accumulated Depreciation	$ 2
Year Constructed	1,958
Date Acquired	Dec. 12, 2018
Entertainment | South St. Paul, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,008
Initial Cost to Building & Improvements	928
Gross Amount, Land & Improvements	1,008
Gross Amount, Building & Improvements	928
Gross Amount, Total	1,936
Accumulated Depreciation	$ 3
Year Constructed	1,978
Date Acquired	Dec. 12, 2018
Entertainment | Mounds View, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,986
Initial Cost to Building & Improvements	3,264
Gross Amount, Land & Improvements	1,986
Gross Amount, Building & Improvements	3,264
Gross Amount, Total	5,250
Accumulated Depreciation	$ 9
Year Constructed	1,967
Date Acquired	Dec. 12, 2018
Entertainment | St. Paul Park, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 529
Initial Cost to Building & Improvements	1,058
Gross Amount, Land & Improvements	529
Gross Amount, Building & Improvements	1,058
Gross Amount, Total	1,587
Accumulated Depreciation	$ 2
Year Constructed	1,959
Date Acquired	Dec. 12, 2018
Entertainment | Oakdale, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 2,136
Initial Cost to Building & Improvements	5,699
Gross Amount, Land & Improvements	2,136
Gross Amount, Building & Improvements	5,699
Gross Amount, Total	7,835
Accumulated Depreciation	$ 14
Year Constructed	2,009
Date Acquired	Dec. 12, 2018
Entertainment | Monticello, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,527
Initial Cost to Building & Improvements	3,414
Gross Amount, Land & Improvements	1,527
Gross Amount, Building & Improvements	3,414
Gross Amount, Total	4,941
Accumulated Depreciation	$ 10
Year Constructed	2,007
Date Acquired	Dec. 12, 2018
Entertainment | St. Paul, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,218
Initial Cost to Building & Improvements	1,407
Gross Amount, Land & Improvements	1,218
Gross Amount, Building & Improvements	1,407
Gross Amount, Total	2,625
Accumulated Depreciation	$ 3
Year Constructed	1,955
Date Acquired	Dec. 12, 2018
Entertainment | Ramsey, MN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 609
Initial Cost to Building & Improvements	749
Gross Amount, Land & Improvements	609
Gross Amount, Building & Improvements	749
Gross Amount, Total	1,358
Accumulated Depreciation	$ 2
Year Constructed	1,988
Date Acquired	Dec. 12, 2018
Restaurants - Quick Service | Grand Rapids, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 299
Initial Cost to Building & Improvements	1,205
Gross Amount, Land & Improvements	299
Gross Amount, Building & Improvements	1,205
Gross Amount, Total	1,504
Accumulated Depreciation	$ 40
Year Constructed	2,016
Date Acquired	Jan. 4, 2018
Restaurants - Quick Service | Grapevine, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 775
Initial Cost to Building & Improvements	904
Gross Amount, Land & Improvements	775
Gross Amount, Building & Improvements	904
Gross Amount, Total	1,679
Accumulated Depreciation	$ 10
Year Constructed	2,016
Date Acquired	Sep. 28, 2018
Restaurants - Quick Service | Chattanooga, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 438
Initial Cost to Building & Improvements	1,061
Gross Amount, Land & Improvements	438
Gross Amount, Building & Improvements	1,061
Gross Amount, Total	1,499
Accumulated Depreciation	$ 15
Year Constructed	2,009
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Saginaw, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 528
Initial Cost to Building & Improvements	1,086
Gross Amount, Land & Improvements	528
Gross Amount, Building & Improvements	1,086
Gross Amount, Total	1,614
Accumulated Depreciation	$ 39
Year Constructed	2,012
Date Acquired	Jan. 4, 2018
Restaurants - Quick Service | Grand Rapids, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 349
Initial Cost to Building & Improvements	1,166
Gross Amount, Land & Improvements	349
Gross Amount, Building & Improvements	1,166
Gross Amount, Total	1,515
Accumulated Depreciation	$ 35
Year Constructed	2,013
Date Acquired	Jan. 4, 2018
Restaurants - Quick Service | Blytheville, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 785
Initial Cost to Building & Improvements	736
Gross Amount, Land & Improvements	785
Gross Amount, Building & Improvements	736
Gross Amount, Total	1,521
Accumulated Depreciation	$ 10
Year Constructed	2,007
Date Acquired	Aug. 22, 2018
Restaurants - Quick Service | Paragould, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 744
Initial Cost to Building & Improvements	784
Gross Amount, Land & Improvements	744
Gross Amount, Building & Improvements	784
Gross Amount, Total	1,528
Accumulated Depreciation	$ 9
Year Constructed	2,008
Date Acquired	Aug. 22, 2018
Restaurants - Quick Service | Van Buren, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 642
Initial Cost to Building & Improvements	946
Gross Amount, Land & Improvements	642
Gross Amount, Building & Improvements	946
Gross Amount, Total	1,588
Accumulated Depreciation	$ 11
Year Constructed	2,008
Date Acquired	Aug. 22, 2018
Restaurants - Quick Service | San Angelo, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 161
Initial Cost to Building & Improvements	806
Gross Amount, Land & Improvements	161
Gross Amount, Building & Improvements	806
Gross Amount, Total	967
Accumulated Depreciation	$ 9
Year Constructed	1,978
Date Acquired	Sep. 12, 2018
Restaurants - Quick Service | Fort Oglethorpe, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,283
Initial Cost to Building & Improvements	1,045
Gross Amount, Land & Improvements	1,283
Gross Amount, Building & Improvements	1,045
Gross Amount, Total	2,328
Accumulated Depreciation	$ 15
Year Constructed	2,001
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Ringgold, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 387
Initial Cost to Building & Improvements	1,406
Gross Amount, Land & Improvements	387
Gross Amount, Building & Improvements	1,406
Gross Amount, Total	1,793
Accumulated Depreciation	$ 20
Year Constructed	2,015
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Chattanooga, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 876
Initial Cost to Building & Improvements	1,255
Gross Amount, Land & Improvements	876
Gross Amount, Building & Improvements	1,255
Gross Amount, Total	2,131
Accumulated Depreciation	$ 18
Year Constructed	2,004
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Marion, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 459
Initial Cost to Building & Improvements	920
Gross Amount, Land & Improvements	459
Gross Amount, Building & Improvements	920
Gross Amount, Total	1,379
Accumulated Depreciation	$ 9
Year Constructed	2,007
Date Acquired	Sep. 21, 2018
Restaurants - Quick Service | Chattanooga, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,497
Initial Cost to Building & Improvements	1,161
Gross Amount, Land & Improvements	1,497
Gross Amount, Building & Improvements	1,161
Gross Amount, Total	2,658
Accumulated Depreciation	$ 16
Year Constructed	2,012
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Dayton, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 468
Initial Cost to Building & Improvements	1,283
Gross Amount, Land & Improvements	468
Gross Amount, Building & Improvements	1,283
Gross Amount, Total	1,751
Accumulated Depreciation	$ 19
Year Constructed	2,016
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Ooltewah, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 1,079
Initial Cost to Building & Improvements	1,262
Gross Amount, Land & Improvements	1,079
Gross Amount, Building & Improvements	1,262
Gross Amount, Total	2,341
Accumulated Depreciation	$ 17
Year Constructed	2,003
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Soddy Daisy, TN
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 825
Initial Cost to Building & Improvements	992
Gross Amount, Land & Improvements	825
Gross Amount, Building & Improvements	992
Gross Amount, Total	1,817
Accumulated Depreciation	$ 16
Year Constructed	2,006
Date Acquired	Aug. 8, 2018
Restaurants - Quick Service | Fairbanks, AK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 438
Initial Cost to Building & Improvements	1,524
Gross Amount, Land & Improvements	438
Gross Amount, Building & Improvements	1,524
Gross Amount, Total	1,962
Accumulated Depreciation	$ 14
Year Constructed	1,971
Date Acquired	Sep. 27, 2018
Restaurants - Quick Service | Montrose, CO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 698
Initial Cost to Building & Improvements	1,036
Gross Amount, Land & Improvements	698
Gross Amount, Building & Improvements	1,036
Gross Amount, Total	1,734
Accumulated Depreciation	$ 10
Year Constructed	2,000
Date Acquired	Sep. 25, 2018
Restaurants - Quick Service | Fairbanks, AK
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 687
Initial Cost to Building & Improvements	1,633
Gross Amount, Land & Improvements	687
Gross Amount, Building & Improvements	1,633
Gross Amount, Total	2,320
Accumulated Depreciation	$ 13
Year Constructed	2,006
Date Acquired	Sep. 27, 2018
Restaurants - Quick Service | Brownsville, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 297
Initial Cost to Building & Improvements	1,024
Gross Amount, Land & Improvements	297
Gross Amount, Building & Improvements	1,024
Gross Amount, Total	1,321
Accumulated Depreciation	$ 15
Year Constructed	1,990
Date Acquired	Jul. 18, 2018
Restaurants - Quick Service | Andalusia, AL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 384
Initial Cost to Building & Improvements	727
Gross Amount, Land & Improvements	384
Gross Amount, Building & Improvements	727
Gross Amount, Total	1,111
Accumulated Depreciation	$ 7
Year Constructed	1,988
Date Acquired	Sep. 28, 2018
Restaurants - Quick Service | North Richland Hills, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 875
Initial Cost to Building & Improvements	1,113
Gross Amount, Land & Improvements	875
Gross Amount, Building & Improvements	1,113
Gross Amount, Total	1,988
Accumulated Depreciation	$ 12
Year Constructed	2,017
Date Acquired	Sep. 28, 2018
Restaurants - Quick Service | St. Augustine, FL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 917
Initial Cost to Building & Improvements	1,964
Gross Amount, Land & Improvements	917
Gross Amount, Building & Improvements	1,964
Gross Amount, Total	2,881
Accumulated Depreciation	$ 16
Year Constructed	2,010
Date Acquired	Sep. 28, 2018
Restaurants - Quick Service | Hot Springs, AR
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 240
Initial Cost to Building & Improvements	899
Gross Amount, Land & Improvements	240
Gross Amount, Building & Improvements	899
Gross Amount, Total	1,139
Accumulated Depreciation	$ 7
Year Constructed	1,979
Date Acquired	Oct. 4, 2018
Restaurants - Quick Service | Countryside, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 727
Initial Cost to Building & Improvements	1,302
Gross Amount, Land & Improvements	727
Gross Amount, Building & Improvements	1,302
Gross Amount, Total	2,029
Accumulated Depreciation	$ 7
Year Constructed	2,013
Date Acquired	Oct. 26, 2018
Restaurants - Quick Service | Pembroke, NY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 577
Initial Cost to Building & Improvements	898
Gross Amount, Land & Improvements	577
Gross Amount, Building & Improvements	898
Gross Amount, Total	1,475
Accumulated Depreciation	$ 4
Year Constructed	2,017
Date Acquired	Nov. 28, 2018
Restaurants Casual Dining | Davenport, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 57
Initial Cost to Building & Improvements	479
Gross Amount, Land & Improvements	57
Gross Amount, Building & Improvements	479
Gross Amount, Total	536
Accumulated Depreciation	$ 12
Year Constructed	1,955
Date Acquired	Feb. 8, 2018
Restaurants Casual Dining | Bettendorf, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 402
Initial Cost to Building & Improvements	1,050
Gross Amount, Land & Improvements	402
Gross Amount, Building & Improvements	1,050
Gross Amount, Total	1,452
Accumulated Depreciation	$ 29
Year Constructed	1,975
Date Acquired	Feb. 8, 2018
Restaurants Casual Dining | Kewanee, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 115
Initial Cost to Building & Improvements	432
Gross Amount, Land & Improvements	115
Gross Amount, Building & Improvements	432
Gross Amount, Total	547
Accumulated Depreciation	$ 13
Year Constructed	1,993
Date Acquired	Feb. 8, 2018
Restaurants Casual Dining | Davenport, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 459
Initial Cost to Building & Improvements	1,304
Gross Amount, Land & Improvements	459
Gross Amount, Building & Improvements	1,304
Gross Amount, Total	1,763
Accumulated Depreciation	$ 37
Year Constructed	1,990
Date Acquired	Feb. 8, 2018
Restaurants Casual Dining | Davenport, IA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 153
Initial Cost to Building & Improvements	1,268
Gross Amount, Land & Improvements	153
Gross Amount, Building & Improvements	1,268
Gross Amount, Total	1,421
Accumulated Depreciation	$ 33
Year Constructed	1,952
Date Acquired	Feb. 8, 2018
Grocery | Burlington, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 762
Initial Cost to Building & Improvements	1,300
Gross Amount, Land & Improvements	762
Gross Amount, Building & Improvements	1,300
Gross Amount, Total	2,062
Accumulated Depreciation	$ 38
Year Constructed	1,992
Date Acquired	Feb. 16, 2018
Restaurants Family Dining | Augusta, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 825
Initial Cost to Building & Improvements	894
Gross Amount, Land & Improvements	825
Gross Amount, Building & Improvements	894
Gross Amount, Total	1,719
Accumulated Depreciation	$ 8
Year Constructed	1,968
Date Acquired	Sep. 25, 2018
Restaurants Family Dining | Pittsburgh, KS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 465
Initial Cost to Building & Improvements	792
Gross Amount, Land & Improvements	465
Gross Amount, Building & Improvements	792
Gross Amount, Total	1,257
Accumulated Depreciation	$ 22
Year Constructed	2,016
Date Acquired	Mar. 29, 2018
Restaurants Family Dining | Macon, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 648
Initial Cost to Building & Improvements	992
Gross Amount, Land & Improvements	648
Gross Amount, Building & Improvements	992
Gross Amount, Total	1,640
Accumulated Depreciation	$ 8
Year Constructed	1,983
Date Acquired	Sep. 25, 2018
Restaurants Family Dining | Macon, GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost to Land & Improvements	$ 923
Initial Cost to Building & Improvements	972
Gross Amount, Land & Improvements	923
Gross Amount, Building & Improvements	972
Gross Amount, Total	1,895
Accumulated Depreciation	$ 10
Year Constructed	1,972
Date Acquired	Sep. 25, 2018

Schedule III - Real Estate an_3

Schedule III - Real Estate and Accumulated Depreciation (Parenthetical) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)Property	Dec. 31, 2017USD ($)Property
Real Estate And Accumulated Depreciation [Line Items]
Number of property locations of investments	665	508
Number of owned properties	652	493
Number of ground lease interests	13	15
Number of real estate subject to direct financing leases	1	1
Intangible lease assets | $	$ 66,421	$ 62,453
Construction in progress | $	1,325	4,076
Aggregate cost for federal income tax | $	1,400,000
Principal outstanding | $	$ 515,100	$ 522,900
Buildings and Improvements | Maximum
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	40 years
Site Improvements
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	15 years
Single Tenant Real Estate Property
Real Estate And Accumulated Depreciation [Line Items]
Number of property locations of investments	665
Number of owned properties	652
Number of ground lease interests	13
Number of real estate subject to direct financing leases	5
Number of real estate subject to ground leasedirect financing leases	1
Intangible lease assets | $	$ 65,500
Construction in progress | $	$ 1,300

Schedule III - Real Estate an_4

Schedule III - Real Estate and Accumulated Depreciation - Schedule of Reconciliation of Carrying Value (Parenthetical) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Balance, beginning of period		$ 866,762	$ 396,193
Acquisitions	$ 412,922	495,265	514,354
Improvements		1,689	4,666
Provisions for impairment of real estate	(1,199)	(1,997)	(2,277)
Cost of real estate sold	(15,530)	(55,215)	(46,174)
Balance, end of period	$ 396,193	$ 1,306,504	$ 866,762

Schedule III - Real Estate an_5

Schedule III - Real Estate and Accumulated Depreciation - Schedule of Reconciliation of Accumulated Depreciation (Parenthetical) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Balance, beginning of period		$ 15,356	$ 2,903
Depreciation expense	$ 3,008	24,854	14,045
Accumulated depreciation associated with real estate sold	(105)	(2,306)	(1,592)
Balance, end of period	$ 2,903	$ 37,904	$ 15,356

Schedule IV - Summary of Mortga

Schedule IV - Summary of Mortgage Loans on Real Estate (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Mortgage Loans On Real Estate [Line Items]
Face Amount of Mortgages		$ 14,854
Carrying Amount of Mortgages		$ 14,854	$ 0
First Mortgage Loans | Two Convenience Store Properties Located in Wisconsin
Mortgage Loans On Real Estate [Line Items]
Interest rate		10.00%
Final Maturity Date		Jul. 1, 2021
Periodic Payment Terms		Interest only
Final Payment Terms, Balloon Payment		$ 2,400
Prior Liens		0
Face Amount of Mortgages		2,376
Carrying Amount of Mortgages		$ 2,376
First Mortgage Loans | Nine medical / dental properties located in Illinois, Indiana, Nebraska, Missouri, Arkansas, Oklahoma
Mortgage Loans On Real Estate [Line Items]
Interest rate		7.55%
Final Maturity Date		May 15, 2019
Periodic Payment Terms		Interest only
Final Payment Terms, Balloon Payment		$ 5,700
Prior Liens		0
Face Amount of Mortgages		5,748
Carrying Amount of Mortgages		$ 5,748
First Mortgage Loans | One Home Furnishings Property Located in North Carolina
Mortgage Loans On Real Estate [Line Items]
Interest rate		5.25%
Final Maturity Date		Dec. 31, 2019
Periodic Payment Terms		Interest only
Final Payment Terms, Balloon Payment		$ 3,500
Prior Liens		0
Face Amount of Mortgages		3,500
Carrying Amount of Mortgages		$ 3,500
Development Construction Loan | One Early Childhood Education Property Located in Connecticut
Mortgage Loans On Real Estate [Line Items]
Interest rate		8.00%
Final Maturity Date		Jan. 1, 2058
Periodic Payment Terms	[1]	Principal + Interest
Prior Liens		$ 0
Face Amount of Mortgages		3,230
Carrying Amount of Mortgages		$ 3,230
[1]	Required principal payments commence upon completion of construction.

Schedule IV - Summary of Mort_2

Schedule IV - Summary of Mortgage Loans on Real Estate (Parenthetical) (Details) - Property	Dec. 31, 2018	Dec. 31, 2017
Mortgage Loans On Real Estate [Line Items]
Number of real estate property	665	508
First Mortgage Loans | Convenience Store Properties Located in Wisconsin
Mortgage Loans On Real Estate [Line Items]
Number of real estate property	2
First Mortgage Loans | Nine medical / dental properties located in Illinois, Indiana, Nebraska, Missouri, Arkansas, Oklahoma
Mortgage Loans On Real Estate [Line Items]
Number of real estate property	9
First Mortgage Loans | Home Furnishings Property Located in North Carolina
Mortgage Loans On Real Estate [Line Items]
Number of real estate property	1
Development Construction Loan | Early Childhood Education Property Located in Connecticut
Mortgage Loans On Real Estate [Line Items]
Number of real estate property	1

Schedule IV - Summary of Change

Schedule IV - Summary of Changes in Carrying Amounts of Mortgage Loans Receivable (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Mortgage Loans On Real Estate [Abstract]
Balance, beginning of period	$ 0
Additions
New mortgage loans	14,854
Deductions
Collections of principal	0
Balance, end of period	$ 14,854