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Business (Details)
$ in Thousands, ft² in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
USD ($)
ft²
building
property
Sep. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
ft²
building
property
Sep. 30, 2020
USD ($)
Aug. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Noncontrolling Interest [Line Items]            
Cash and cash equivalents $ 2,961,564   $ 2,961,564     $ 2,987,225
General and administrative 7,572 $ 7,191 30,691 $ 26,097    
Monmouth Real Estate Investment Corporation            
Noncontrolling Interest [Line Items]            
Business acquisition, transaction costs         $ 10,000  
General and administrative $ 100   $ 100      
Consolidated Properties            
Noncontrolling Interest [Line Items]            
Number of real estate properties | property 4   4      
Number of buildings | building 8   8      
Square footage (in sqft) | ft² 1.5   1.5      
Operating Trust            
Noncontrolling Interest [Line Items]            
Noncontrolling interest, ownership percentage by parent 99.80%   99.80%