XML 60 R43.htm IDEA: XBRL DOCUMENT v3.22.0.1
Real Estate Investments - Narrative (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 31, 2019
USD ($)
property
Dec. 23, 2019
USD ($)
shares
Aug. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
property
state
tenant
Dec. 31, 2020
USD ($)
property
tenant
Dec. 31, 2019
USD ($)
property
Dec. 22, 2019
USD ($)
property
Real Estate [Line Items]              
Number of single-tenant retail net leased properties owned | property       328      
Real estate investments       $ 1,050,000      
Number of states in which entity operates | state       41      
Payments to acquire real estate held-for-investment $ 1,112     $ 441,328 $ 408,584   $ 1,232
Property under development       $ 17,896 $ 0    
Number of properties disposed | property 0     3 3   4
Proceeds from sale of real estate held for investment $ 0     $ 31,119 $ 48,069   $ 77,616
Gain on sales of real estate, net 0     2,997 6,213   $ 5,646
Loss on property damages       500      
Proceeds from building and improvement costs       900      
Repair and replacement costs     $ 1,100 900      
Insurance deductible       100      
Earnest money deposits       $ 853 $ 634    
ILLINOIS              
Real Estate [Line Items]              
Gross real estate investments (as a percent)       11.30%      
TEXAS              
Real Estate [Line Items]              
Gross real estate investments (as a percent)       11.20%      
Predecessor | OP Units              
Real Estate [Line Items]              
Operating partnership units issued (in shares) | shares   4,449,019          
Class A OP Units | Netstreit, L.P. (The Operating Partnership) | OP Units              
Real Estate [Line Items]              
Operating partnership units issued (in shares) | shares   8,860,760          
Class A OP Units | Predecessor | OP Units              
Real Estate [Line Items]              
Operating partnership units issued (in shares) | shares   3,652,149          
Class B OP Units | Predecessor | OP Units              
Real Estate [Line Items]              
Operating partnership units issued (in shares) | shares   796,870          
Nine Properties              
Real Estate [Line Items]              
Number of properties disposed | property       9      
Proceeds from sale of real estate held for investment       $ 31,100      
Gain on sales of real estate, net       $ 3,000      
Fifteen Properties              
Real Estate [Line Items]              
Number of properties disposed | property         15    
Proceeds from sale of real estate held for investment         $ 48,100    
Gain on sales of real estate, net         $ 6,200    
Thirty Properties              
Real Estate [Line Items]              
Number of properties disposed | property             30
Proceeds from sale of real estate held for investment             $ 77,600
Gain on sales of real estate, net             $ 5,600
One Property              
Real Estate [Line Items]              
Number of properties disposed | property           1  
Earnest money deposits $ 300         $ 300  
2021 Acquisitions              
Real Estate [Line Items]              
Number of properties invested in | property       9      
Payments to acquire real estate held-for-investment       $ 441,300      
Number of properties acquired | property       124      
Acquisition fees incurred       $ 4,200      
2021 Acquisitions | Ten Properties              
Real Estate [Line Items]              
Number of properties invested in | tenant       10      
Investment in real estate development project       $ 20,800      
Payments to acquire real estate       $ 12,000      
2021 Acquisitions | Two Properties              
Real Estate [Line Items]              
Number of properties invested in | tenant         2    
Investment in real estate development project         $ 5,400    
Payments to acquire real estate         3,500    
2021 Acquisitions | One Property              
Real Estate [Line Items]              
Number of properties developed | tenant       1      
Property under development       $ 2,900      
2020 Acquisitions              
Real Estate [Line Items]              
Payments to acquire real estate held-for-investment         $ 408,600    
Number of properties acquired | property         124    
Acquisition fees incurred         $ 4,700    
Predecessor Asset Acquisition              
Real Estate [Line Items]              
Consideration transferred for asset acquisition   $ 256,300          
Acquisition fees incurred   $ 500