PROPERTY PORTFOLIO - Properties Acquired and Disposed (Details)
$ in Thousands |
3 Months Ended |
6 Months Ended |
|
|
Jun. 30, 2022
USD ($)
property
tenant
|
Jun. 30, 2022
USD ($)
state
property
tenant
|
Jun. 30, 2021
USD ($)
property
|
Dec. 31, 2021
USD ($)
|
| PROPERTY PORTFOLIO |
|
|
|
|
| Number of real estate properties | property |
143
|
143
|
|
|
| Acquired intangible liabilities for the below market lease |
$ 5,177
|
$ 5,177
|
|
$ 5,476
|
| Gain on Disposition of Assets |
$ 15,637
|
$ 15,637
|
|
|
| Disposal Group, Disposed of by Sale, Not Discontinued Operations |
|
|
|
|
| PROPERTY PORTFOLIO |
|
|
|
|
| Number of real estate properties disposed | property |
5
|
5
|
|
|
| Sales price |
|
$ 72,800
|
|
|
| Gain on Disposition of Assets |
|
$ 15,600
|
|
|
| Disposal Group, Held-for-sale, Not Discontinued Operations |
|
|
|
|
| PROPERTY PORTFOLIO |
|
|
|
|
| Number of properties held for sale | property |
1
|
1
|
|
|
| Single-tenant Net Lease Income Properties Acquired in 2022 |
|
|
|
|
| PROPERTY PORTFOLIO |
|
|
|
|
| Number of real estate properties | property |
35
|
35
|
|
|
| Purchase price |
|
$ 109,100
|
|
|
| Acquired properties, cost |
$ 110,000
|
$ 110,000
|
|
|
| Number of states for leased asset | state |
|
17
|
|
|
| Number of tenant for leased property | tenant |
12
|
12
|
|
|
| Initial cost of land |
$ 31,100
|
$ 31,100
|
|
|
| Initial cost of building and improvements |
67,000
|
67,000
|
|
|
| Acquired in-place lease value, leasing fees, and above market lease value |
13,100
|
13,100
|
|
|
| Acquired intangible liabilities for the below market lease |
$ 1,200
|
$ 1,200
|
|
|
| Weighted average amortization period of intangible liabilities |
|
9 years 8 months 12 days
|
|
|
| Single-tenant Net Lease Income Properties Acquired in 2022 | Weighted Average |
|
|
|
|
| PROPERTY PORTFOLIO |
|
|
|
|
| Remaining lease term at acquisition |
|
9 years 4 months 24 days
|
|
|
| Single-tenant Net Lease Income Properties Acquired in 2021 |
|
|
|
|
| PROPERTY PORTFOLIO |
|
|
|
|
| Number of real estate properties | property |
|
|
23
|
|
| Purchase price |
|
|
$ 103,200
|
|
| Acquired properties, cost |
|
|
103,800
|
|
| Initial cost of land |
|
|
34,100
|
|
| Initial cost of building and improvements |
|
|
57,500
|
|
| Acquired in-place lease value, leasing fees, and above market lease value |
|
|
13,900
|
|
| Acquired intangible liabilities for the below market lease |
|
|
$ 1,500
|
|
| Weighted average amortization period of intangible liabilities |
|
|
8 years 3 months 18 days
|
|
| Number of real estate properties disposed | property |
|
|
0
|
|