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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 |  | 1 Months Ended |  |
--- | --- | --- | --- | ---
Jan. 23, 2024 USD ($) $ / shares shares | Sep. 30, 2024 shares | Jun. 30, 2025 shares | Dec. 31, 2024 shares
Fair value of the consideration transferred on the date of the acquisition |  |  |  |
Common stock and paid in capital, outstanding (in shares) | shares |  |  | 914,285,000 | 891,511,000
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 |  |  |
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 (in shares) | shares | 6,900,000 | 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 |  |  |

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