XML 50 R38.htm IDEA: XBRL DOCUMENT
v3.22.2

Debt - Narrative (Details) - USD ($) |  | 6 Months Ended |
--- | --- | --- | ---
Jun. 29, 2022 | Jun. 30, 2022 | Dec. 31, 2021
Debt Instrument |  |  |
Total unsecured debt |  | $ 737,000,000 | $ 725,000,000
Credit facility |  | $ 12,000,000 | 0
Credit facility |  |  |
Debt Instrument |  |  |
Credit facility, maximum | $ 500,000,000 |  |
Line of Credit | SOFR |  |  |
Debt Instrument |  |  |
Debt instrument, basis spread on variable adjustment rate |  | 0.10% |
Line of Credit | Minimum | SOFR |  |  |
Debt Instrument |  |  |
Basis spread on variable rate |  | 1.10% |
Line of Credit | Maximum | SOFR |  |  |
Debt Instrument |  |  |
Basis spread on variable rate |  | 1.55% |
Amended facility maturing August 2025 | Credit facility |  |  |
Debt Instrument |  |  |
Line of credit facility, increase to maximum borrowing capacity | 150,000,000 |  |
Credit facility, maximum | 400,000,000 |  |
Credit facility, decrease, accordion feature | 150,000,000 |  |
Credit facility |  | $ 12,000,000 | 0
Unencumbered properties, percent |  | 60.00% |
Amended facility maturing August 2025 | Credit facility | Federal Funds Rate |  |  |
Debt Instrument |  |  |
Variable rate threshold (percent) |  | 0.50% |
Amended facility maturing August 2025 | Credit facility | SOFR |  |  |
Debt Instrument |  |  |
Variable rate threshold (percent) |  | 1.25% |
Amended facility maturing August 2025 | Credit facility | Minimum |  |  |
Debt Instrument |  |  |
Credit facility, facility fee, percent |  | 0.15% |
Amended facility maturing August 2025 | Credit facility | Maximum |  |  |
Debt Instrument |  |  |
Credit facility, facility fee, percent |  | 0.30% |
Unsecured Debt |  |  |
Debt Instrument |  |  |
Total unsecured debt |  | $ 737,000,000 | 725,000,000
Unsecured Debt | 5-Year Term Loan |  |  |
Debt Instrument |  |  |
Total unsecured debt | $ 100,000,000 | $ 100,000,000 | $ 100,000,000
Unsecured Debt | 5-Year Term Loan | SOFR |  |  |
Debt Instrument |  |  |
Basis spread on variable rate |  | 1.25% |
Unsecured Debt | 5-Year Term Loan | Minimum | SOFR |  |  |
Debt Instrument |  |  |
Basis spread on variable rate |  | 1.25% |
Unsecured Debt | 5-Year Term Loan | Maximum | SOFR |  |  |
Debt Instrument |  |  |
Basis spread on variable rate |  | 1.75% |

X
- Definition Debt Instrument, Basis Spread On Variable Adjustment Rate + References No definition available. + Details
Name: | trno_DebtInstrumentBasisSpreadOnVariableAdjustmentRate
Namespace Prefix: | trno_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Basis Spread On Variable Rate Threshold To Increase Maximum Borrowing Amount + References No definition available. + Details
Name: | trno_DebtInstrumentBasisSpreadOnVariableRateThresholdToIncreaseMaximumBorrowingAmount
Namespace Prefix: | trno_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of Credit Facility, Decrease, Accordion Feature + References No definition available. + Details
Name: | trno_LineOfCreditFacilityDecreaseAccordionFeature
Namespace Prefix: | trno_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line of Credit Facility, Increase To Maximum Borrowing Capacity + References No definition available. + Details
Name: | trno_LineOfCreditFacilityIncreaseToMaximumBorrowingCapacity
Namespace Prefix: | trno_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line Of Credit Facility, Unencumbered Properties Rate Threshold For Additional Line Of Credit + References No definition available. + Details
Name: | trno_LineOfCreditFacilityUnencumberedPropertiesRateThresholdForAdditionalLineOfCredit
Namespace Prefix: | trno_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 3: 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)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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 The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the 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)) -URI https://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 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
Name: | us-gaap_LineOfCredit
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 the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
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: |

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=trno_AmendedFacilityMaturingAugust2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_FederalFundsEffectiveSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=trno_AmendedTermLoanMaturingJanuary2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |