BUSINESS AND ORGANIZATION - Organization (Details)
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3 Months Ended |
6 Months Ended |
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Jul. 12, 2021
property
shares
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Jun. 30, 2021
property
shares
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Nov. 27, 2019
USD ($)
shares
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Nov. 26, 2019
USD ($)
property
$ / shares
shares
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Jun. 30, 2022
USD ($)
property
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Dec. 31, 2021
USD ($)
shares
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Jun. 30, 2021
USD ($)
property
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Jun. 30, 2022
USD ($)
property
$ / shares
shares
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Jun. 30, 2021
USD ($)
property
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| Class of Stock [Line Items] |
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| Gross proceeds form the issuance of common stock |
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$ 7,647,000
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$ 64,999,000
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| Share issued | shares |
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421,053
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| Proceeds from Issuance of Stock |
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$ 8,000,000.0
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$ 1,593,000
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$ 57,348,000
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$ 7,647,000
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$ 64,999,000
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| Cash investment |
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15,500,000
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| Cash Received from Private Placement |
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$ 125,900,000
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| OP units exchanged | shares |
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1,223,854
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| Value of OP units converted |
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$ 23,300,000
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| Net Transactions with Consolidated-Tomoka Land Co. |
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12,000,000.0
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| Underwriting fees |
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$ 9,400,000
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| Percentage of outstanding common stock |
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22.30%
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| Stock split ratio |
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1
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| Percentage of ownership interest in limited liability company |
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3.50%
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| Partners' capital account, units issued | shares |
54,689
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424,951
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479,640
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| Partners' capital account, units issued, value |
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$ 9,000,000.0
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| Partners' capital account, units issued, value per unit | $ / shares |
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$ 18.85
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| Number of lease properties acquired | property |
1
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9
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9
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9
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| REIT Eligibility, Distributable , Minimum Percentage of Taxable Income, Excluding Net Capital Gains |
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90.00%
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90.00%
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| IPO |
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| Class of Stock [Line Items] |
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| Price per share | $ / shares |
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$ 19.00
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| Gross proceeds form the issuance of common stock |
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$ 142,500,000
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| Share issued | shares |
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7,500,000
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421,053
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| Proceeds from Issuance of Stock |
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$ 8.0
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| Private Placement |
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| Class of Stock [Line Items] |
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| Share issued | shares |
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394,737
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| Proceeds from Issuance of Stock |
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$ 7,500,000
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| Single-tenant |
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| Class of Stock [Line Items] |
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| Number of properties acquired | property |
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15
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| Number of contributed properties | property |
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5
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| PINE GP | Operating Partnership |
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| Class of Stock [Line Items] |
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| Ownership interest in Operating partnership |
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87.40%
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| CTO |
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| Class of Stock [Line Items] |
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| Share issued | shares |
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107,866
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8,088
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99,778
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| Proceeds from Issuance of Stock |
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$ 1,900,000
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$ 100,000
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$ 1,800,000
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| Partners' capital account, units issued | shares |
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1,223,854
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| Number of lease properties acquired | property |
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10
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10
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| CTO | Private Placement |
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| Class of Stock [Line Items] |
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| Share issued | shares |
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394,737
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| Proceeds from Issuance of Stock |
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$ 7,500,000
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| CTO | Operating Partnership |
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| Class of Stock [Line Items] |
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| Ownership interest of Manager in Operating partnership |
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9.10%
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| Partners' capital account, units issued | shares |
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1,223,854
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| CTO | PINE GP |
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| Class of Stock [Line Items] |
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| Share issued | shares |
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923,656
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| Cash investment |
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$ 38,500,000
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| Percentage of outstanding common stock |
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15.80%
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