10-K Filing

ESSENTIAL PROPERTIES REALTY TRUST, INC. CIK: 1728951 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001564590-20-007962`
Period End Date	20191231
Filing Date	20200302
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	eprt-20191231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 91 Cash Flow Statement 145 Stockholders Equity 46 Comprehensive Income 33

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Land and improvements	`LandAndImprovements`	$420.85M	USD	Point-in-time
Land and improvements	`LandAndImprovements`	$588.28M	USD	Point-in-time
Building and improvements	`BuildingAndImprovements`	$1.22B	USD	Point-in-time
Building and improvements	`BuildingAndImprovements`	$885.66M	USD	Point-in-time
Lease incentives	`LeaseIncentiveReceivable`	$2.79M	USD	Point-in-time
Lease incentives	`LeaseIncentiveReceivable`	$4.91M	USD	Point-in-time
Preferred shares, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred shares, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred shares, authorized shares	`PreferredStockSharesAuthorized`	150.00M	shares	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$12.13M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$1.32M	USD	Point-in-time
Preferred shares, authorized shares	`PreferredStockSharesAuthorized`	150.00M	shares	Point-in-time
Preferred shares, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Intangible lease assets	`FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale`	$78.92M	USD	Point-in-time
Preferred shares, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Intangible lease assets	`FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale`	$66.42M	USD	Point-in-time
Preferred shares, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentsAtCost`	$1.91B	USD	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentsAtCost`	$1.38B	USD	Point-in-time
Preferred shares, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common shares, par value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization`	$90.07M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization`	$51.85M	USD	Point-in-time
Common shares, par value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common shares, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total real estate investments, net	`RealEstateInvestmentsNet`	$1.33B	USD	Point-in-time
Total real estate investments, net	`RealEstateInvestmentsNet`	$1.82B	USD	Point-in-time
Loans and direct financing lease receivables, net	`NotesReceivableNet`	$17.50M	USD	Point-in-time
Common shares, issued shares	`CommonStockSharesIssued`	43.75M	shares	Point-in-time
Loans and direct financing lease receivables, net	`NotesReceivableNet`	$92.18M	USD	Point-in-time
Common shares, issued shares	`CommonStockSharesIssued`	83.76M	shares	Point-in-time
Real estate investments held for sale, net	`RealEstateHeldForSaleNet`	-	USD	Point-in-time
Real estate investments held for sale, net	`RealEstateHeldForSaleNet`	$1.21M	USD	Point-in-time
Common shares, outstanding shares	`CommonStockSharesOutstanding`	43.75M	shares	Point-in-time
Real estate investments held for sale, net	`RealEstateHeldForSaleNet`	$4.04M	USD	Point-in-time
Common shares, outstanding shares	`CommonStockSharesOutstanding`	83.76M	shares	Point-in-time
Net investments	`NetInvestmentsInRealEstateRelatedAssets`	$1.34B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$13.19M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$19.39M	USD	Point-in-time
Net investments	`NetInvestmentsInRealEstateRelatedAssets`	$1.91B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.25M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$12.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$12.18M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$13.02M	USD	Point-in-time
Straight-line rent receivable, net	`StraightLineRentReceivableNet`	$25.93M	USD	Point-in-time
Straight-line rent receivable, net	`StraightLineRentReceivableNet`	$14.26M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$15.96M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$7.71M	USD	Point-in-time
Total assets	`Assets`	$1.38B	USD	Point-in-time
Total assets	`Assets`	$1.98B	USD	Point-in-time
Secured borrowings, net of deferred financing costs	`SecuredBorrowingsNetOfDeferredFinancingCosts`	$235.34M	USD	Point-in-time
Secured borrowings, net of deferred financing costs	`SecuredBorrowingsNetOfDeferredFinancingCosts`	$506.12M	USD	Point-in-time
Unsecured term loans, net of deferred financing costs	`UnsecuredDebt`	-	USD	Point-in-time
Unsecured term loans, net of deferred financing costs	`UnsecuredDebt`	$445.59M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$34.00M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$46.00M	USD	Point-in-time
Intangible lease liabilities, net	`BelowMarketLeaseNet`	$9.56M	USD	Point-in-time
Intangible lease liabilities, net	`BelowMarketLeaseNet`	$11.62M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$13.19M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$19.39M	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$4.94M	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$17.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$773.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$569.86M	USD	Point-in-time
Commitments and contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of December 31, 2019 and 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of December 31, 2019 and 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 authorized; 83,761,151 and 43,749,092 issued and outstanding as of December 31, 2019 and 2018, respectively	`CommonStockValue`	$838.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 authorized; 83,761,151 and 43,749,092 issued and outstanding as of December 31, 2019 and 2018, respectively	`CommonStockValue`	$431.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.22B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$569.41M	USD	Point-in-time
Distributions in excess of cumulative earnings	`RetainedEarningsAccumulatedDeficit`	$-7.66M	USD	Point-in-time
Distributions in excess of cumulative earnings	`RetainedEarningsAccumulatedDeficit`	$-27.48M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$562.18M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$248.86M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$7.66M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.04M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$236.13M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$181.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.65M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.38B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.98B	USD	Point-in-time

Income Statement 91 line items

Line Item	Tag	Value	Unit	Period
Interest expense related parties	`InterestExpenseRelatedParty`	$4.60M	USD	Annual
Interest expense related parties	`InterestExpenseRelatedParty`	-	USD	Annual
Interest expense related parties	`InterestExpenseRelatedParty`	$3.48M	USD	Annual
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$94.94M	USD	Annual
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$135.67M	USD	Annual
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$53.37M	USD	Annual
Interest on loans and direct financing lease receivables	`InterestIncomeOnLoansAndDirectFinancingLeaseReceivables`	$3.02M	USD	Annual
Interest on loans and direct financing lease receivables	`InterestIncomeOnLoansAndDirectFinancingLeaseReceivables`	$293.00K	USD	Annual
Interest on loans and direct financing lease receivables	`InterestIncomeOnLoansAndDirectFinancingLeaseReceivables`	$656.00K	USD	Annual
Other revenue	`OtherIncome`	$663.00K	USD	Annual
Other revenue	`OtherIncome`	$783.00K	USD	Annual
Other revenue	`OtherIncome`	$623.00K	USD	Annual
Total revenues	`Revenues`	$32.76M	USD	1 Quarter
Total revenues	`Revenues`	$96.22M	USD	Annual
Total revenues	`Revenues`	$21.66M	USD	1 Quarter
Total revenues	`Revenues`	$139.36M	USD	Annual
Total revenues	`Revenues`	$36.29M	USD	1 Quarter
Total revenues	`Revenues`	$25.74M	USD	1 Quarter
Total revenues	`Revenues`	$31.11M	USD	1 Quarter
Total revenues	`Revenues`	$54.45M	USD	Annual
Total revenues	`Revenues`	$20.17M	USD	1 Quarter
Total revenues	`Revenues`	$28.65M	USD	1 Quarter
Total revenues	`Revenues`	$39.20M	USD	1 Quarter
Interest (including $4,603 and $3,478 to related parties during the years ended December 31, 2018 and 2017, respectively)	`InterestExpense`	$27.04M	USD	Annual
Interest (including $4,603 and $3,478 to related parties during the years ended December 31, 2018 and 2017, respectively)	`InterestExpense`	$30.19M	USD	Annual
Interest (including $4,603 and $3,478 to related parties during the years ended December 31, 2018 and 2017, respectively)	`InterestExpense`	$22.57M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$8.78M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$13.76M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$21.75M	USD	Annual
Property expenses	`CostOfPropertyRepairsAndMaintenance`	$1.98M	USD	Annual
Property expenses	`CostOfPropertyRepairsAndMaintenance`	$1.55M	USD	Annual
Property expenses	`CostOfPropertyRepairsAndMaintenance`	$3.07M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$19.52M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$31.35M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$42.74M	USD	Annual
Provision for impairment of real estate	`AssetImpairmentCharges`	$4.50M	USD	Annual
Provision for impairment of real estate	`AssetImpairmentCharges`	$2.92M	USD	Annual
Provision for impairment of real estate	`AssetImpairmentCharges`	$2.38M	USD	Annual
Total expenses	`CostsAndExpenses`	$54.79M	USD	Annual
Total expenses	`CostsAndExpenses`	$81.79M	USD	Annual
Total expenses	`CostsAndExpenses`	$97.52M	USD	Annual
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$10.93M	USD	Annual
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$6.75M	USD	Annual
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$5.45M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$6.41M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$19.88M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$52.77M	USD	Annual
Loss on repurchase and retirement of secured borrowings	`GainLossOnRepurchaseAndRetirementOfDebtInstrument`	$-5.24M	USD	Annual
Interest	`InterestIncomeOther`	$794.00K	USD	Annual
Interest	`InterestIncomeOther`	$930.00K	USD	Annual
Interest	`InterestIncomeOther`	$49.00K	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.46M	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$48.33M	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.81M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$161.00K	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$195.00K	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$303.00K	USD	Annual
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$6.30M	USD	Annual
Net income	`ProfitLoss`	$14.63M	USD	1 Quarter
Net income	`ProfitLoss`	$3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$48.02M	USD	Annual
Net income	`ProfitLoss`	$4.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$16.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$20.61M	USD	Annual
Net income	`ProfitLoss`	$8.30M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.18M	USD	Annual
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.52M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.62M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$99.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$861.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$105.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.38M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	Annual
Net income attributable to stockholders and members	`NetIncomeLoss`	$41.84M	USD	Annual
Net income attributable to stockholders and members	`NetIncomeLoss`	$6.30M	USD	Annual
Net income attributable to stockholders and members	`NetIncomeLoss`	$15.61M	USD	Annual
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.63M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	64.10M	shares	Annual
Basic net income per share	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic net income per share	`EarningsPerShareBasic`	$0.65	USD	Annual
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.77M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.31M	shares	Annual
Diluted net income per share	`EarningsPerShareDiluted`	$0.26	USD	2 Qtrs
Diluted net income per share	`EarningsPerShareDiluted`	$0.63	USD	Annual

Cash Flow Statement 145 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$6.30M	USD	Annual
Net income	`ProfitLoss`	$14.63M	USD	1 Quarter
Net income	`ProfitLoss`	$3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$48.02M	USD	Annual
Net income	`ProfitLoss`	$4.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$16.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$20.61M	USD	Annual
Net income	`ProfitLoss`	$8.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndLeaseIntangibleAmortization`	$19.52M	USD	Annual
Depreciation and amortization	`DepreciationAndLeaseIntangibleAmortization`	$31.35M	USD	Annual
Depreciation and amortization	`DepreciationAndLeaseIntangibleAmortization`	$42.74M	USD	Annual
Amortization of lease incentive	`AmortizationOfLeaseIncentives`	$282.00K	USD	Annual
Amortization of lease incentive	`AmortizationOfLeaseIncentives`	$139.00K	USD	Annual
Amortization of lease incentive	`AmortizationOfLeaseIncentives`	$159.00K	USD	Annual
Amortization of above/below market leases and right of use assets, net	`AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet`	$336.00K	USD	Annual
Amortization of above/below market leases and right of use assets, net	`AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet`	$531.00K	USD	Annual
Amortization of above/below market leases and right of use assets, net	`AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet`	$534.00K	USD	Annual
Amortization of deferred financing costs and other assets	`AmortizationOfDeferredFinancingCostsAndOtherAssets`	$2.81M	USD	Annual
Amortization of deferred financing costs and other assets	`AmortizationOfDeferredFinancingCostsAndOtherAssets`	$1.88M	USD	Annual
Amortization of deferred financing costs and other assets	`AmortizationOfDeferredFinancingCostsAndOtherAssets`	$2.80M	USD	Annual
Loss on repurchase and retirement of secured borrowings	`LossOnRepurchaseAndRetirementOfSecuredBorrowings`	$-5.24M	USD	Annual
Provision for impairment of real estate	`AssetImpairmentCharges`	$4.50M	USD	Annual
Provision for impairment of real estate	`AssetImpairmentCharges`	$2.92M	USD	Annual
Provision for impairment of real estate	`AssetImpairmentCharges`	$2.38M	USD	Annual
Gain on dispositions of investments, net	`GainLossOnSaleOfInvestments`	$6.75M	USD	Annual
Gain on dispositions of investments, net	`GainLossOnSaleOfInvestments`	$10.93M	USD	Annual
Gain on dispositions of investments, net	`GainLossOnSaleOfInvestments`	$5.45M	USD	Annual
Straight-line rent receivable	`StraightLineRent`	$8.81M	USD	Annual
Straight-line rent receivable	`StraightLineRent`	$4.33M	USD	Annual
Straight-line rent receivable	`StraightLineRent`	$12.32M	USD	Annual
Equity-based compensation expense	`EquityBasedCompensation`	$6.24M	USD	Annual
Equity-based compensation expense	`EquityBasedCompensation`	$2.44M	USD	Annual
Equity-based compensation expense	`EquityBasedCompensation`	$841.00K	USD	Annual
Adjustment to rental revenue for tenant credit/allowance for doubtful accounts	`AdjustmentToRentalRevenueForTenantCreditAllowanceForDoubtfulAccounts`	$148.00K	USD	Annual
Adjustment to rental revenue for tenant credit/allowance for doubtful accounts	`AdjustmentToRentalRevenueForTenantCreditAllowanceForDoubtfulAccounts`	$385.00K	USD	Annual
Adjustment to rental revenue for tenant credit/allowance for doubtful accounts	`AdjustmentToRentalRevenueForTenantCreditAllowanceForDoubtfulAccounts`	$593.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.24M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.30M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$767.00K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$4.12M	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-1.65M	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.19M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$45.92M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$88.57M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.47M	USD	Annual
Proceeds from sales of investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$60.45M	USD	Annual
Proceeds from sales of investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$53.63M	USD	Annual
Proceeds from sales of investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$66.77M	USD	Annual
Principal collections on loans and direct financing lease receivables	`ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables`	$74.00K	USD	Annual
Principal collections on loans and direct financing lease receivables	`ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables`	$79.00K	USD	Annual
Principal collections on loans and direct financing lease receivables	`ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables`	$9.52M	USD	Annual
Investments in loans receivable	`PaymentsToAcquireLoansReceivable`	$94.64M	USD	Annual
Investments in loans receivable	`PaymentsToAcquireLoansReceivable`	$14.85M	USD	Annual
Deposits for prospective real estate investments	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$251.00K	USD	Annual
Deposits for prospective real estate investments	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$-530.00K	USD	Annual
Deposits for prospective real estate investments	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$1.71M	USD	Annual
Investment in real estate, including capital expenditures	`PaymentsToAcquireRealEstateHeldForInvestment`	$570.02M	USD	Annual
Investment in real estate, including capital expenditures	`PaymentsToAcquireRealEstateHeldForInvestment`	$509.82M	USD	Annual
Investment in real estate, including capital expenditures	`PaymentsToAcquireRealEstateHeldForInvestment`	$490.04M	USD	Annual
Investment in construction in progress	`PaymentsForInvestmentInConstructionInProgress`	$15.26M	USD	Annual
Investment in construction in progress	`PaymentsForInvestmentInConstructionInProgress`	$17.86M	USD	Annual
Investment in construction in progress	`PaymentsForInvestmentInConstructionInProgress`	$7.74M	USD	Annual
Lease incentives paid	`PaymentsForLeaseIncentives`	$2.13M	USD	Annual
Lease incentives paid	`PaymentsForLeaseIncentives`	$519.00K	USD	Annual
Lease incentives paid	`PaymentsForLeaseIncentives`	$275.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-461.86M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-607.84M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-464.38M	USD	Annual
Proceeds from issuance of notes payable to related parties	`ProceedsFromNotesPayableToRelatedParties`	$154.00M	USD	Annual
Proceeds from issuance of notes payable to related parties	`ProceedsFromNotesPayableToRelatedParties`	$543.00M	USD	Annual
Payments of principal on notes payable to related parties	`RepaymentsOfNotesPayableToRelatedParties`	$384.00M	USD	Annual
Payments of principal on notes payable to related parties	`RepaymentsOfNotesPayableToRelatedParties`	$313.00M	USD	Annual
Proceeds from secured borrowings	`ProceedsFromIssuanceOfSecuredDebt`	$248.10M	USD	Annual
Repurchase and repayment of secured borrowings	`RepaymentsOfSecuredDebt`	$279.12M	USD	Annual
Repurchase and repayment of secured borrowings	`RepaymentsOfSecuredDebt`	$7.82M	USD	Annual
Repurchase and repayment of secured borrowings	`RepaymentsOfSecuredDebt`	$5.60M	USD	Annual
Principal received on repurchased secured borrowings	`PrincipalReceivedOnRepurchasedSecuredBorrowings`	$1.71M	USD	Annual
Borrowings under term loan facilities	`ProceedsFromIssuanceOfLongTermDebt`	$450.00M	USD	Annual
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$34.00M	USD	Annual
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$459.00M	USD	Annual
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$447.00M	USD	Annual
Deferred financing costs	`PaymentsForProceedsFromDebtIssuanceCostsAndRefunds`	$3.06M	USD	Annual
Deferred financing costs	`PaymentsForProceedsFromDebtIssuanceCostsAndRefunds`	$6.13M	USD	Annual
Deferred financing costs	`PaymentsForProceedsFromDebtIssuanceCostsAndRefunds`	$5.56M	USD	Annual
Capital contributions by members in Predecessor	`ContributionsFromMembersInPredecessor`	$50.00M	USD	Annual
Capital contributions by members in Predecessor	`ContributionsFromMembersInPredecessor`	$83.70M	USD	Annual
Distributions paid to members by Predecessor	`DistributionsToMembersByPredecessor`	$101.22M	USD	Annual
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$411.63M	USD	Annual
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$464.18M	USD	Annual
Offering costs	`PaymentsOfStockIssuanceCosts`	$5.48M	USD	Annual
Offering costs	`PaymentsOfStockIssuanceCosts`	$1.84M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$14.07M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$63.90M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$412.75M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$449.42M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$524.35M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.51M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.19M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.08M	USD	Annual
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.24M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.43M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.32M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.92M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.24M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.43M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.32M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.25M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$12.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$12.18M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$13.02M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.24M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.43M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.32M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.92M	USD	Point-in-time
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$29.48M	USD	Annual
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$20.44M	USD	Annual
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$27.90M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$6.00K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$60.00K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$55.00K	USD	Annual
Reclassification from construction in progress upon project completion	`ReclassificationFromConstructionInProgressUponProjectCompletion`	$18.01M	USD	Annual
Reclassification from construction in progress upon project completion	`ReclassificationFromConstructionInProgressUponProjectCompletion`	$7.05M	USD	Annual
Reclassification from construction in progress upon project completion	`ReclassificationFromConstructionInProgressUponProjectCompletion`	$4.62M	USD	Annual
Net settlement of proceeds on the purchase and sale of investments	`NetSettlementOfProceedsOnPurchaseAndSaleOfInvestments`	$4.96M	USD	Annual
Non-cash investments in real estate and loan receivable activity	`TransferToInvestments`	$10.44M	USD	Annual
Lease liabilities arising from the recognition of right of use assets	`NonCashLeaseLiabilitiesArisingFromRecognitionOfRightOfUseAssets`	$8.36M	USD	Annual
Unrealized losses on cash flow hedges	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$2.90M	USD	Annual
Non-cash equity contributions	`NonCashEquityContributions`	$17.31M	USD	Annual
Real estate investments acquired through direct equity investment	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$17.31M	USD	Annual
Contribution of Predecessor equity in exchange for OP Units	`NoncashContributionOfPredecessorEquityInExchangeForOperatingPartnershipUnits`	$236.13M	USD	Annual
Conversion of equity in Secondary Offering	`ConversionOfStockAmountConverted1`	$237.79M	USD	Annual
Payable and accrued offering costs	`NonCashPayableAndAccruedFollowOnOfferingCosts`	$66.00K	USD	Annual
Discounts and fees on capital raised through issuance of common stock	`DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock`	$29.63M	USD	Annual
Discounts and fees on capital raised through issuance of common stock	`DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock`	$12.05M	USD	Annual
Payable and accrued deferred financing costs	`NoncashPayableAndAccruedDeferredFinancingCosts`	$126.00K	USD	Annual
Dividends declared	`DividendsPayableCurrentAndNoncurrent`	$13.19M	USD	Point-in-time
Dividends declared	`DividendsPayableCurrentAndNoncurrent`	$19.39M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.04M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$236.13M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$181.40M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.65M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	43.75M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	83.76M	shares	Point-in-time
Contributions	`CapitalAccountContributions`	$101.01M	USD	Annual
Contributions	`CapitalAccountContributions`	$50.00M	USD	2 Qtrs
Initial public offering/common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$493.81M	USD	2 Qtrs
Initial public offering/common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$423.69M	USD	Annual
Concurrent private placement of common stock	`PrivatePlacement`	$109.00M	USD	2 Qtrs
Concurrent private placement of OP Units	`ConcurrentPrivatePlacementOfOPUnits`	$16.00M	USD	2 Qtrs
Costs related to issuance of common stock/initial public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$35.11M	USD	2 Qtrs
Costs related to issuance of common stock/initial public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$13.90M	USD	Annual
Unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.80M	USD	Annual
Cash flow hedge gains reclassified to interest expense	`InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet`	$-106.00K	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.12M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.69M	USD	2 Qtrs
Distributions	`Distributions`	$101.22M	USD	Annual
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$2.16M	USD	Annual
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$443.00K	USD	2 Qtrs
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$670.00K	USD	Annual
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$443.00K	USD	2 Qtrs
Dividends declared on common stock and OP Units	`DividendsDeclaredOnCommonStockAndOperatingPartnersUnits`	$27.26M	USD	2 Qtrs
Dividends declared on common stock and OP Units	`DividendsDeclaredOnCommonStockAndOperatingPartnersUnits`	$70.11M	USD	Annual
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$6.30M	USD	Annual
Net income	`ProfitLoss`	$14.63M	USD	1 Quarter
Net income	`ProfitLoss`	$3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$48.02M	USD	Annual
Net income	`ProfitLoss`	$4.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$16.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$20.61M	USD	Annual
Net income	`ProfitLoss`	$8.30M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.04M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$236.13M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$181.40M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.65M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	43.75M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	83.76M	shares	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$6.30M	USD	Annual
Net income	`ProfitLoss`	$14.63M	USD	1 Quarter
Net income	`ProfitLoss`	$3.50M	USD	1 Quarter
Net income	`ProfitLoss`	$48.02M	USD	Annual
Net income	`ProfitLoss`	$4.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$16.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$20.61M	USD	Annual
Net income	`ProfitLoss`	$8.30M	USD	1 Quarter
Unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-2.80M	USD	Annual
Cash flow hedge gains reclassified to interest expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$106.00K	USD	Annual
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.90M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$45.12M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.30M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.61M	USD	Annual
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.18M	USD	Annual
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.52M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.62M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$99.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$861.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$105.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.38M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	Annual
Adjustment for cash flow hedge losses attributable to non-controlling interests	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest`	$-956.00K	USD	Annual
Comprehensive income attributable to stockholders and members	`ComprehensiveIncomeNetOfTax`	$6.30M	USD	Annual
Comprehensive income attributable to stockholders and members	`ComprehensiveIncomeNetOfTax`	$39.90M	USD	Annual
Comprehensive income attributable to stockholders and members	`ComprehensiveIncomeNetOfTax`	$15.61M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.