v3.22.2.2

Unsecured Credit Agreements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Debt Instrument [Line Items] |
Summary of Debt Issuance Cost Amortization | he following table summarizes debt issuance cost and original issuance discount amortization:
|  | For the Three Months Ended September 30, |  |  | For the Nine Months Ended September 30, |
(in thousands) |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Debt issuance costs and original issuance discount amortization |  | $ | 948 |  |  | $ | 962 |  |  | $ | 2,704 |  |  | $ | 2,832 |
Unsecured Debt |
Debt Instrument [Line Items] |
Summary of Unsecured Credit Agreements | The following table summarizes the Company's unsecured credit agreements:
|  | Outstanding Balance |  |  |  |  |
(in thousands, except interest rates) |  | September 30, 2022 |  |  | December 31, 2021 |  |  | Interest Rate |  | Maturity Date
Unsecured revolving credit facility |  | $ | 219,537 |  |  | $ | 102,000 |  |  | Applicable reference rate + 0.85% (a) (b) (c) |  | Mar. 2026
Unsecured term loans: |  |  |  |  |  |  |  |  |  |
2022 Unsecured Term Loan |  |  | — |  |  |  | 60,000 |  |  | one-month LIBOR + 1.00% (c) |  | Feb. 2022 (e)
2024 Unsecured Term Loan |  |  | — |  |  |  | 190,000 |  |  | one-month LIBOR + 1.00% (c) |  | Jun. 2024 (f)
2026 Unsecured Term Loan |  |  | 400,000 |  |  |  | 400,000 |  |  | one-month LIBOR + 1.00% (c) |  | Feb. 2026
2027 Unsecured Term Loan |  |  | 200,000 |  |  |  | — |  |  | one-month adjusted SOFR + 0.95% (d) |  | Aug. 2027
2029 Unsecured Term Loan |  |  | 300,000 |  |  |  | — |  |  | one-month adjusted SOFR + 1.25% (d) |  | Aug. 2029
Total unsecured term loans |  |  | 900,000 |  |  |  | 650,000 |  |  |  |  |
Unamortized debt issuance costs, net |  |  | (5,622 | ) |  |  | (3,329 | ) |  |  |  |
Total unsecured term loans, net |  |  | 894,378 |  |  |  | 646,671 |  |  |  |  |
Senior unsecured notes: |  |  |  |  |  |  |  |  |  |
2027 Senior Unsecured Notes - Series A |  |  | 150,000 |  |  |  | 150,000 |  |  | 4.84% |  | Apr. 2027
2028 Senior Unsecured Notes - Series B |  |  | 225,000 |  |  |  | 225,000 |  |  | 5.09% |  | Jul. 2028
2030 Senior Unsecured Notes - Series C |  |  | 100,000 |  |  |  | 100,000 |  |  | 5.19% |  | Jul. 2030
2031 Senior Unsecured Public Notes |  |  | 375,000 |  |  |  | 375,000 |  |  | 2.60% |  | Sep. 2031
Total senior unsecured notes |  |  | 850,000 |  |  |  | 850,000 |  |  |  |  |
Unamortized debt issuance costs and original issuance discount, net |  |  | (5,633 | ) |  |  | (6,199 | ) |  |  |  |
Total senior unsecured notes, net |  |  | 844,367 |  |  |  | 843,801 |  |  |  |  |
Total unsecured debt, net |  | $ | 1,958,282 |  |  | $ | 1,592,472 |  |  |  |  |
(a) At September 30, 2022, a balance of $146.5 million was subject to the one-month SOFR of 3.04%. The remaining balance includes $100 million CAD borrowings remeasured to $73 million USD, which was subject to the one-month Canadian Dollar Offered Rate ("CDOR") of 3.76%. (b) At December 31, 2021, the applicable interest rate was one-month LIBOR plus 1.00% (c) At September 30, 2022 and December 31, 2021, one-month LIBOR was 3.14% and 0.10%, respectively. (d) At September 30, 2022, one-month SOFR was 3.04%. (e) The 2022 Unsecured Term Loan was paid in full in February 2022 with borrowings from the unsecured revolving credit facility. (f) The 2024 Unsecured Term Loan was paid in full in August 2022 with borrowings from the 2027 Unsecured Term Loan and 2029 Unsecured Term Loan.

X
- Definition Schedule of debt issuance costs. + References No definition available. + Details
Name: | bnl_ScheduleOfDebtIssuanceCostsTableTextBlock
Namespace Prefix: | bnl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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