INCOME PROPERTY PORTFOLIO - Properties Acquired - General Information (Details)
$ in Thousands |
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3 Months Ended |
9 Months Ended |
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Jul. 21, 2021
USD ($)
property
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Sep. 25, 2020
USD ($)
property
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Sep. 30, 2021
USD ($)
property
|
Sep. 30, 2020
USD ($)
property
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Sep. 30, 2021
USD ($)
property
|
Sep. 30, 2020
USD ($)
property
|
Dec. 31, 2020
USD ($)
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| INCOME PROPERTY PORTFOLIO |
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| Gain on sale |
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$ 544
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$ 287
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$ 544
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$ 287
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| Number of real estate properties | property |
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|
89
|
89
|
89
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89
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| Purchase price |
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$ 14,800
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| Acquired intangible liabilities for the below market lease |
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$ 4,998
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$ 4,998
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$ 3,299
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| Disposal Group, Disposed of by Sale, Not Discontinued Operations | Single Tenant Net Lease Income Property, Outback Steakhouse, Huntersville, North Carolina |
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| INCOME PROPERTY PORTFOLIO |
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| Number of real estate properties disposed | property |
1
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| Sales price |
$ 3,800
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| Gain on sale |
$ 500
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| Disposal Group, Disposed of by Sale, Not Discontinued Operations | Single-tenant Net Lease Income Property, Outback Steakhouse, Charlottesville, Virginia |
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| INCOME PROPERTY PORTFOLIO |
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| Number of real estate properties disposed | property |
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1
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| Sales price |
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$ 5,100
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| Gain on sale |
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$ 300
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| Single-tenant Net Lease Income Properties Acquired in 2021 |
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| INCOME PROPERTY PORTFOLIO |
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| Number of real estate properties | property |
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42
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42
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| Purchase price |
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$ 158,664
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| Acquired properties, cost |
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$ 160,000
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160,000
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| Initial cost of land |
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52,100
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52,100
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| Initial cost of building and improvements |
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89,600
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89,600
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| Acquired in-place lease value, leasing fees, and above market lease value |
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20,500
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20,500
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| Acquired intangible liabilities for the below market lease |
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$ 2,200
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$ 2,200
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| Weighted average amortization period of intangible liabilities |
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8 years 4 months 24 days
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| Single-tenant Net Lease Income Properties Acquired in 2020 |
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| INCOME PROPERTY PORTFOLIO |
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| Number of real estate properties | property |
|
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26
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26
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| Purchase price |
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$ 99,282
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| Acquired properties, cost |
|
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$ 100,300
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100,300
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| Initial cost of land |
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25,800
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25,800
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| Initial cost of building and improvements |
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59,700
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59,700
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| Acquired in-place lease value, leasing fees, and above market lease value |
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16,100
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16,100
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| Acquired intangible liabilities for the below market lease |
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$ 1,300
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$ 1,300
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| Weighted average amortization period of intangible liabilities |
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10 years 2 months 12 days
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