v3.24.3

Subsequent Events | 9 Months Ended
--- | ---
Sep. 30, 2024
Subsequent Events [Abstract] |
Subsequent Events | 17. Subsequent Events On October 15, 2024, the Company paid distributions totaling $57.2 million. On October 24, 2024, the Board of Directors declared a quarterly distribution of $0.29 per share on the Company’s common stock and OP Units for the fourth quarter of 2024, which will be payable on or before January 15, 2025 to stockholders and OP unitholders of record as of December 31, 2024. Subsequent to September 30, 2024, the Company paid down $60.5 million, and borrowed $59.0 million on the unsecured revolving credit facility, the proceeds of which were used to fund investment activity and for general corporate purposes. Subsequent to September 30, 2024, the Company assumed two ground leases for land to be developed in connection with separate build-to-suit transactions expected to fund in multiple draws through December 2025 and April 2026 for total development funding of approximately $114.1 million. Subsequent to September 30, 2024, the Company sold 10 properties with an aggregate carrying value of approximately $40.3 million for total proceeds of $49.5 million. The Company incurred additional expenses related to the sales of approximately $1.1 million, resulting in a gain on sale of real estate of approximately $8.1 million.

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration