XML 77 R57.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Merger with Spirit Realty Capital, Inc - Schedule of Fair Value of the Consideration Transferred on the Date of the Acquisition (Details) $ / shares in Units, $ in Thousands | Jan. 23, 2024 USD ($) $ / shares shares | Dec. 31, 2024 shares | Dec. 31, 2023 shares
--- | --- | --- | ---
Fair value of the consideration transferred on the date of the acquisition |  |  |
Common stock and paid in capital, outstanding (in shares) | shares |  | 891,511,000 | 752,460,000
Spirit Realty Capital, Inc. |  |  |
Fair value of the consideration transferred on the date of the acquisition |  |  |
Shares of Spirit common stock exchanged (in shares) | shares | 142,136,567 |  |
Exchange Ratio | 0.762 |  |
Shares of Realty Income common stock issued (in shares) | shares | 108,308,064 |  |
Opening price of Realty Income common stock and Series A preferred stock on January 23, 2024 (in dollars per share) | $ / shares | $ 55.80 |  |
Fair value of Realty Income common stock and Series A Preferred Stock issued to the former holders of Spirit common stock and Series A Preferred Stock | $ 6,043,590 |  |
Shares of Realty Income Series A Preferred Stock issued in exchange for Spirit Series A Preferred Stock | shares | 6,900,000 |  |
Cash paid for fractional shares | $ 51 |  |
Less: Fair value of Spirit restricted stock and performance awards attributable to post-combination costs | (24,751) |  |
Consideration transferred | 6,186,284 |  |
Fair value of pre-combination services | $ 41,700 |  |
Spirit Realty Capital, Inc. | Series A Preferred Stock |  |  |
Fair value of the consideration transferred on the date of the acquisition |  |  |
Opening price of Realty Income common stock and Series A preferred stock on January 23, 2024 (in dollars per share) | $ / shares | $ 24.26 |  |
Fair value of Realty Income common stock and Series A Preferred Stock issued to the former holders of Spirit common stock and Series A Preferred Stock | $ 167,394 |  |
Spirit Realty Capital, Inc. |  |  |
Fair value of the consideration transferred on the date of the acquisition |  |  |
Common stock and paid in capital, outstanding (in shares) | shares | 142,100,000 |  |

X
- Definition Business Combination, Consideration Transferred, Equity Interests, Fair Value, Post-Combination Expense + References No definition available. + Details
Name: | o_BusinessCombinationConsiderationTransferredEquityInterestsFairValuePostCombinationExpense
Namespace Prefix: | o_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Business Combination, Consideration Transferred, Equity Interests, Fair Value, Pre-Combination Expense + References No definition available. + Details
Name: | o_BusinessCombinationConsiderationTransferredEquityInterestsFairValuePreCombinationExpense
Namespace Prefix: | o_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Business Combination, Consideration Transferred, Equity Interests Issued and Issuable, Preferred Stock Issued + References No definition available. + Details
Name: | o_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuablePreferredStockIssued
Namespace Prefix: | o_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Business Combination, Consideration Transferred, Equity Interests Issued and Issuable, Shares Issued + References No definition available. + Details
Name: | o_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuableSharesIssued
Namespace Prefix: | o_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Business Combination, Equity Held By Acquiree Prior To Transaction, Shares + References No definition available. + Details
Name: | o_BusinessCombinationEquityHeldByAcquireePriorToTransactionShares
Namespace Prefix: | o_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Merger Agreement, Conversion Metric For Outstanding Common Shares + References No definition available. + Details
Name: | o_MergerAgreementConversionMetricForOutstandingCommonShares
Namespace Prefix: | o_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Payments to Acquire Businesses, Fractional Shares + References No definition available. + Details
Name: | o_PaymentsToAcquireBusinessesFractionalShares
Namespace Prefix: | o_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Price of a single share of a number of saleable stocks paid or offered to be paid in a business combination. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionSharePrice
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 8 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479637/805-30-30-8 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479581/805-30-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 7 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479637/805-30-30-7 + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferred1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 8 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479637/805-30-30-8 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 7 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479637/805-30-30-7 + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferredIncludingEquityInterestInAcquireeHeldPriorToCombinationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.6-05(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(16)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(7)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3 + Details
Name: | us-gaap_CommonStockSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=o_SpiritRealtyCapitalIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=o_SpiritRealtyCapitalIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |