XML 88 R71.htm IDEA: XBRL DOCUMENT
v3.20.4

Notes Payable - General Narrative (Details) - Notes payable $ in Millions | 12 Months Ended |
--- | --- | ---
Dec. 31, 2020 USD ($) | Dec. 31, 2019 USD ($) | Dec. 31, 2018 USD ($) | Oct. 31, 2020 GBP (£)
Debt |  |  |  |
Unamortized net original issuance premiums | $ 14.6 | $ 6.3 |  |
Deferred financing costs | $ 49.2 | 35.9 |  |
Weighted average interest rate (as a percent) | 3.40% |  |  |
Weighted average remaining years until maturity | 8 years 2 months 12 days |  |  |
Interest incurred on notes and bonds | $ 252.0 | $ 233.5 | $ 213.8 |
1.625% notes, issued in October 2020 and due December 2030 |  |  |  |
Debt |  |  |  |
Face amount of loan | £ |  |  |  | £ 400,000,000
Interest rate (as a percent) | 1.625% |  |  | 1.625%
Maximum |  |  |  |
Debt |  |  |  |
Debt to total adjusted assets ratio (as a percent) | 60.00% |  |  |
Secured debt to total adjusted assets ratio (as a percent) | 40.00% |  |  |
Minimum |  |  |  |
Debt |  |  |  |
Debt service coverage ratio | 1.5 |  |  |
Total unencumbered assets as a percentage of outstanding unsecured debt | 150.00% |  |  |

X
- Definition Represents the aggregate unencumbered assets as a percentage of outstanding unsecured debt required to be maintained under financial covenants. + References No definition available. + Details
Name: | o_DebtInstrumentCovenantAggregateUnencumberedAssetsAsPercentageOfOutstandingUnsecuredDebt
Namespace Prefix: | o_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the debt service coverage ratio required to be maintained under financial covenants. + References No definition available. + Details
Name: | o_DebtInstrumentCovenantDebtServiceCoverageRatio
Namespace Prefix: | o_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the debt to total adjusted assets ratio required to be maintained under financial covenants. + References No definition available. + Details
Name: | o_DebtInstrumentCovenantDebtToTotalAdjustedAssetsRatio
Namespace Prefix: | o_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the secured debt to total adjusted assets ratio required to be maintained under financial covenants. + References No definition available. + Details
Name: | o_DebtInstrumentCovenantSecuredDebtToTotalAdjustedAssetsRatio
Namespace Prefix: | o_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average remaining period until maturity of the debt instrument, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | o_DebtInstrumentWeightedAverageRemainingMaturity
Namespace Prefix: | o_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt premium. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 + Details
Name: | us-gaap_DebtInstrumentUnamortizedPremium
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details
Name: | us-gaap_InterestExpenseDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_NotesPayableToBanksMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=o_SeniorUnsecuredNotesPayableDueDecember2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |