XML 54 R41.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Subsequent Events (Details) (USD $) In Millions, except Per Share data, unless otherwise specified |  |  |  | 0 Months Ended | 3 Months Ended |  | 0 Months Ended |  | 3 Months Ended |  | 3 Months Ended | 0 Months Ended | 3 Months Ended | 0 Months Ended |  | 3 Months Ended |  | 0 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
May 12, 2014 property sqft | Apr. 22, 2014 sqft property | Mar. 31, 2014 sqft property | May 08, 2014 Revolving Credit Facility [Member] | Mar. 31, 2014 Revolving Credit Facility [Member] | Mar. 31, 2014 Maximum [Member] Revolving Credit Facility [Member] | Mar. 31, 2014 Minimum [Member] Revolving Credit Facility [Member] | Mar. 31, 2014 2014 Acquisition [Member] item sqft | May 08, 2014 Subsequent Event [Member] Revolving Credit Facility [Member] | May 08, 2014 Subsequent Event [Member] Maximum [Member] Revolving Credit Facility [Member] | May 08, 2014 Subsequent Event [Member] Minimum [Member] Revolving Credit Facility [Member] | Apr. 22, 2014 Subsequent Event [Member] 2014 Acquisition [Member] | Mar. 31, 2014 Common Stock [Member] | Mar. 31, 2014 Common Stock [Member] Subsequent Event [Member] | May 09, 2014 Common Stock [Member] Subsequent Event [Member] | Mar. 31, 2014 Preferred Stock [Member] | May 09, 2014 Preferred Stock [Member] Subsequent Event [Member] | Mar. 31, 2014 Preferred Stock [Member] Subsequent Event [Member] | May 08, 2014 Seven-Year $50.0 Million Term Loan [Member] Subsequent Event [Member] | May 08, 2014 Seven-Year $50.0 Million Term Loan [Member] Subsequent Event [Member] Maximum [Member] | May 08, 2014 Seven-Year $50.0 Million Term Loan [Member] Subsequent Event [Member] Minimum [Member] | Mar. 31, 2014 Five-Year $50.0 Million Term Loan [Member] | Mar. 31, 2014 Five-Year $50.0 Million Term Loan [Member] Revolving Credit Facility [Member] | May 08, 2014 Five-Year $50.0 Million Term Loan [Member] Subsequent Event [Member] | May 08, 2014 Five-Year $50.0 Million Term Loan [Member] Subsequent Event [Member] Maximum [Member] Revolving Credit Facility [Member] | May 08, 2014 Five-Year $50.0 Million Term Loan [Member] Subsequent Event [Member] Minimum [Member] Revolving Credit Facility [Member]
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of buildings | 5 | 1 | 99 |  |  |  |  | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Area of real estate property | 494,726 | 19,326 | 7,100,000 |  |  |  |  | 318,822 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase price |  |  |  |  |  |  |  | $ 33.9 |  |  |  | $ 3.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit facility term loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7 years |  |  | 5 years |  |  |  |
Credit facility |  |  |  |  | 100.0 |  |  |  |  |  |  |  |  |  |  |  |  |  | 50.0 |  |  | 50.0 | 150.0 |  |  |
Maturity date, line of credit |  |  |  |  | Jan. 01, 2016 |  |  |  | May 07, 2018 |  |  |  |  |  |  |  |  |  | May 07, 2021 |  |  | Jan. 16, 2018 |  | May 07, 2019 |  |
Extension option on maturity date |  |  | 12 months |  |  |  |  |  | 12 months |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum possible increase |  |  |  |  | $ 300.0 |  |  |  | $ 500.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Value of unencumbered properties |  |  |  | 60.00% | 60.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
LIBOR margin |  |  |  |  | 1.00% | 2.65% | 1.65% |  | 1.25% |  |  |  |  |  |  |  |  |  |  | 2.30% | 1.75% |  |  |  | 2.05% | 1.50%
Effective rate |  |  |  |  | 0.50% |  |  |  | 0.50% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unused facility fee rate |  |  |  |  |  | 0.35% | 0.25% |  |  | 0.25% | 0.20% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Declaration Date |  |  |  |  |  |  |  |  |  |  |  |  | Feb. 19, 2014 | May 09, 2014 |  | Feb. 19, 2014 |  | May 09, 2014 |  |  |  |  |  |  |  |
Cash dividend declared, Common stock per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 0.14 |  |  |  |  |  |  |  |  |  |  |
Cash dividend declared, Preferred stock series A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 0.484375 | $ 0.484375 |  |  |  |  |  |  |  |  |
Date Paid |  |  |  |  |  |  |  |  |  |  |  |  | Apr. 21, 2014 | Jul. 21, 2014 |  | Mar. 31, 2014 |  | Jun. 30, 2014 |  |  |  |  |  |  |  |
Record Date |  |  |  |  |  |  |  |  |  |  |  |  | Apr. 07, 2014 | Jul. 07, 2014 |  | Mar. 10, 2014 |  | Jun. 11, 2014 |  |  |  |  |  |  |  |

X
- Definition Borrowing Base Properties Percentage + References No definition available. + Details
Name: | trno_BorrowingBasePropertiesPercentage
Namespace Prefix: | trno_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt instrument maturity date extension. + References No definition available. + Details
Name: | trno_DebtInstrumentMaturityDateExtension
Namespace Prefix: | trno_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument Term + References No definition available. + Details
Name: | trno_DebtInstrumentTerm
Namespace Prefix: | trno_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Area of a real estate property. + References No definition available. + Details
Name: | us-gaap_AreaOfRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -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=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Date the declared dividend will be paid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_DividendPayableDateToBePaidDayMonthAndYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition The per share amount of a dividend declared, but not paid, as of the financial reporting date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 32 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_DividendsPayableAmountPerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Date the dividend to be paid was declared, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 32 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_DividendsPayableDateDeclaredDayMonthAndYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date the holder must own the stock to be entitled to the dividend, in CCYY-MM-DD format. + References No definition available. + Details
Name: | us-gaap_DividendsPayableDateOfRecordDayMonthAndYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Date the credit facility terminates, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityExpirationDate1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of real estate properties owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfRealEstateProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate dividends declared during the period for each share of preferred stock outstanding. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendsPerShareDeclared
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SubsequentEventLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration