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Real Estate Activity - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) $ in Thousands | 9 Months Ended
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Sep. 30, 2024 USD ($) property parcel | Sep. 30, 2023 USD ($) parcel property
Real Estate Investments, Net [Abstract] |  |
Number of properties acquired | property | 8 | 5
Number of outparcels acquired | parcel | 4 | 1
Contract price | $ 203,402 | $ 92,060
Total price of acquisitions | $ 205,002 | $ 83,073

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- Definition Number of Land Parcels Acquired + References No definition available. + Details
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Namespace Prefix: | peco_
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Balance Type: | na
Period Type: | duration

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- Definition The number of real estate acquisitions by the entity during the period. + References No definition available. + Details
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Namespace Prefix: | peco_
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Balance Type: | na
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- Definition Real Estate Investment Property, Acquisitions, Contract Price + References No definition available. + Details
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Namespace Prefix: | peco_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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- Definition The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth; includes real estate intended to generate income for the owner; excludes real estate acquired for use by the owner. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 13 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-13 + Details
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- References No definition available. + Details
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