Subsequent Events (Narrative) (Details) - USD ($)
|
|
|
|
|
|
|
3 Months Ended |
8 Months Ended |
12 Months Ended |
|
May 10, 2019 |
Apr. 11, 2019 |
Mar. 01, 2019 |
Feb. 26, 2019 |
Feb. 01, 2019 |
Jan. 02, 2019 |
Mar. 31, 2019 |
Mar. 31, 2018 |
Dec. 31, 2018 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Apr. 26, 2018 |
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
|
|
$ 10,813,000
|
$ 9,333,000
|
|
$ 40,296,000
|
$ 28,994,000
|
$ 17,659,000
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
|
|
$ 10,385,000
|
$ 9,920,000
|
|
$ 40,938,000
|
$ 32,264,000
|
$ 22,889,000
|
|
| Distributions declared per common share (in dollars per share) |
|
|
|
|
|
|
$ 0.16
|
$ 0.15
|
|
$ 0.63
|
$ 0.62
|
|
|
| Common stock, par value (in dollars per share) |
|
|
|
|
|
|
$ 0.01
|
|
$ 0.01
|
$ 0.01
|
$ 0.01
|
|
|
| Annual cumulative, non-compounded return on capital threshold to investors |
|
|
|
|
|
|
6.00%
|
|
|
6.00%
|
|
|
|
| Credit facility, recourse debt restriction percentage |
|
|
|
|
|
|
15.00%
|
|
|
|
|
|
|
| Credit facility, maximum borrowing capacity |
|
|
|
|
|
|
|
|
$ 700,000,000
|
$ 700,000,000
|
|
|
$ 425,000,000
|
| Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, ticking fee (as % of facility) |
|
|
|
|
|
|
|
|
|
0.15%
|
|
|
|
| Minimum [Member] | Base Rate [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, applicable margin |
|
|
|
|
|
|
|
|
0.75%
|
|
|
|
|
| Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, applicable margin |
|
|
|
|
|
|
|
|
1.75%
|
|
|
|
|
| Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, ticking fee (as % of facility) |
|
|
|
|
|
|
|
|
|
0.25%
|
|
|
|
| Maximum [Member] | Base Rate [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, applicable margin |
|
|
|
|
|
|
|
|
1.25%
|
|
|
|
|
| Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, applicable margin |
|
|
|
|
|
|
|
|
2.25%
|
|
|
|
|
| Class A shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, par value (in dollars per share) |
|
|
|
|
|
|
$ 0.01
|
|
|
|
|
|
|
| Subsequent Event [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annual cumulative, non-compounded return on capital threshold to investors |
|
8.00%
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, recourse debt restriction percentage |
|
17.50%
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Management Agreement [Member] | Carter Validus Real Estate Management Services II, LLC [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Term of agreement |
1 year
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Advisory Agreement [Member] | Carter Validus Advisors II, LLC [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Term of agreement |
1 year
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Bridge Facility [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, maximum borrowing capacity |
|
$ 475,000,000
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, term |
|
6 months
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, underwriting fee and commitment fee (as % of facility) |
|
0.50%
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, funding fee (as % of funded facility) |
|
0.50%
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, ticking fee (as % of facility) |
|
0.12%
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Bridge Facility [Member] | Base Rate [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, applicable margin |
|
1.25%
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, increases to applicable margin during basis spread increase period |
|
0.25%
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, basis spread increase period |
|
90 days
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Bridge Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, applicable margin |
|
2.25%
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, increases to applicable margin during basis spread increase period |
|
0.25%
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, basis spread increase period |
|
90 days
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Maximum [Member] | Bridge Facility [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, structuring fee |
|
$ 350,000
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, structuring fee (as % of facility) |
|
0.10%
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Maximum [Member] | Bridge Facility [Member] | Federal Funds Effective Swap Rate [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, applicable margin |
|
0.50%
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Maximum [Member] | Bridge Facility [Member] | Base Rate [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility, interest rate |
|
1.00%
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Carter Validus Mission Critical REIT, Inc. [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, par value (in dollars per share) |
|
$ 0.01
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition, cash paid per common share (in dollars per share) |
|
$ 1.00
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition, termination period |
|
5 days
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Carter Validus Mission Critical REIT, Inc. [Member] | Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition, termination fee |
|
$ 14,400,000
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Carter Validus Mission Critical REIT, Inc. [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition, termination fee |
|
$ 28,800,000
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | Class A shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition, stock conversion ratio |
|
0.4681
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
|
$ 3,715,000
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
|
3,602,000
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class A shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
|
4,613,000
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
|
2,432,000
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
|
2,181,000
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class I shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
|
698,000
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
|
404,000
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
|
294,000
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class T shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
|
1,842,000
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
|
810,000
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
|
1,032,000
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | December 1, 2018 To December 31, 2018 [Member] | Class T2 shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
|
164,000
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
|
69,000
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
|
$ 95,000
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class A shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
$ 4,594,000
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
2,439,000
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
2,155,000
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class I shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
696,000
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
404,000
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
292,000
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class T shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
1,840,000
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
813,000
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
1,027,000
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | January 1, 2019 To January 31, 2019 [Member] | Class T2 shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
|
|
165,000
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
|
|
70,000
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
|
|
$ 95,000
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | February 1, 2019 To February 28, 2019 | Class A shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
$ 4,146,000
|
|
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
2,205,000
|
|
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
1,941,000
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | February 1, 2019 To February 28, 2019 | Class I shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
628,000
|
|
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
365,000
|
|
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
263,000
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | February 1, 2019 To February 28, 2019 | Class T shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
1,665,000
|
|
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
740,000
|
|
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
925,000
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | February 1, 2019 To February 28, 2019 | Class T2 shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate distributions paid |
|
|
149,000
|
|
|
|
|
|
|
|
|
|
|
| Distributions paid in cash |
|
|
63,000
|
|
|
|
|
|
|
|
|
|
|
| Common stock issued through distribution reinvestment plan |
|
|
$ 86,000
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class A shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
|
|
|
365 days
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
|
|
|
$ 0.001802170
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
|
|
|
6.40%
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
|
|
|
$ 10.278
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class I shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
|
|
|
365 days
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
|
|
|
$ 0.001802170
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
|
|
|
7.04%
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
|
|
|
$ 9.343
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class T shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
|
|
|
365 days
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
|
|
|
$ 0.001561644
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
|
|
|
5.79%
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
|
|
|
$ 9.840
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | March 1, 2019 To May 31, 2019 [Member] | Class T2 shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
|
|
|
365 days
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
|
|
|
$ 0.001561644
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
|
|
|
5.82%
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
|
|
|
$ 9.788
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | June 1, 2019 To August 31, 2019 [Member] | Class A shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
365 days
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
$ 0.001802170
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
6.40%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
$ 10.278
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | June 1, 2019 To August 31, 2019 [Member] | Class I shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
365 days
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
$ 0.001802170
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
7.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
$ 9.343
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | June 1, 2019 To August 31, 2019 [Member] | Class T shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
365 days
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
$ 0.001561644
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
5.79%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
$ 9.840
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Member] | June 1, 2019 To August 31, 2019 [Member] | Class T2 shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of days, distribution calculation |
365 days
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions declared per common share (in dollars per share) |
$ 0.001561644
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annualized distribution rate |
5.82%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase price (in dollars per share) |
$ 9.788
|
|
|
|
|
|
|
|
|
|
|
|
|