XML 49 R38.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Real Estate Investments - Narrative (Details) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 USD ($) property tenant state | Mar. 31, 2023 USD ($) property | Dec. 31, 2023 USD ($) property
Real Estate [Line Items] |  |  |
Number of single-tenant retail net leased properties owned | property | 628 |  |
Property developments where rent has yet to commence | property | 16 |  |
Real estate investments | $ 1,900,000 |  |
Number of states in which entity operates | state | 45 |  |
Payments to acquire real estate held-for-investment | $ 95,153 | $ 67,717 |
Investment in real estate development project | $ 12,281 | 2,480 |
Number of properties developed | tenant | 7 |  |
Property under development | $ (21,800) |  | $ (29,198)
Property under development to land, building, and improvements | 1,681,663 |  | $ 1,610,705
Investment | $ 11,000 | $ 4,500 |
Properties sold | property | 2 | 0 |
Proceeds from sale of real estate | $ 20,466 | $ 15,463 |
Gain (loss) on sales of real estate, net | $ 997 | (319) |
Number of real estate properties held for sale | property | 23 |  | 23
Interest Costs Capitalized | $ 353 | 134 |
Development Property Transferred |  |  |
Real Estate [Line Items] |  |  |
Property under development to land, building, and improvements | $ 18,400 |  |
TEXAS |  |  |
Real Estate [Line Items] |  |  |
Gross real estate investments (as a percent) | 8.80% |  |
ILLINOIS |  |  |
Real Estate [Line Items] |  |  |
Gross real estate investments (as a percent) | 9.40% |  |
One Property |  |  |
Real Estate [Line Items] |  |  |
Number of properties developed | property |  |  | 2
One Property | Completed Projects |  |  |
Real Estate [Line Items] |  |  |
Property under development to land, building, and improvements |  | $ 14,800 |
Two Properties |  |  |
Real Estate [Line Items] |  |  |
Number of property developments under construction | property | 2 |  |
Investment | $ 800 |  |
Current Dispositions |  |  |
Real Estate [Line Items] |  |  |
Properties sold | property | 12 |  |
Proceeds from sale of real estate | $ 20,500 |  |
Gain (loss) on sales of real estate, net | $ 1,000 |  |
Prior DIspositions |  |  |
Real Estate [Line Items] |  |  |
Properties sold | property |  | 8 |
Proceeds from sale of real estate |  | $ 15,500 |
Gain (loss) on sales of real estate, net |  | $ (300) |
2022 Acquisitions |  |  |
Real Estate [Line Items] |  |  |
Number of properties acquired | property | 28 |  |
Payments to acquire real estate held-for-investment | $ 95,200 |  |
Acquisition fees incurred | $ 1,200 |  |
Number of property developments under construction | property | 13 |  |
2020 Acquisitions |  |  |
Real Estate [Line Items] |  |  |
Number of properties acquired | property |  | 20 |
Payments to acquire real estate held-for-investment |  | $ 67,700 |
Acquisition fees incurred |  | $ 700 |

X
- Definition Asset Acquisition, Acquisition Related Costs + References No definition available. + Details
Name: | ntst_AssetAcquisitionAcquisitionRelatedCosts
Namespace Prefix: | ntst_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of Properties Acquired + References No definition available. + Details
Name: | ntst_NumberOfPropertiesAcquired
Namespace Prefix: | ntst_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Properties Developed + References No definition available. + Details
Name: | ntst_NumberOfPropertiesDeveloped
Namespace Prefix: | ntst_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Properties, Rent Not Yet Commenced + References No definition available. + Details
Name: | ntst_NumberOfPropertiesRentNotYetCommenced
Namespace Prefix: | ntst_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of Properties Sold + References No definition available. + Details
Name: | ntst_NumberOfPropertiesSold
Namespace Prefix: | ntst_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Property Developments Under Construction + References No definition available. + Details
Name: | ntst_NumberOfPropertyDevelopmentsUnderConstruction
Namespace Prefix: | ntst_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Real Estate Properties, Held for Sale + References No definition available. + Details
Name: | ntst_NumberOfRealEstatePropertiesHeldForSale
Namespace Prefix: | ntst_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of Single-Tenant Retail Net Leased Properties Owned + References No definition available. + Details
Name: | ntst_NumberOfSingleTenantRetailNetLeasedPropertiesOwned
Namespace Prefix: | ntst_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Payments to Develop Real Estate Assets And Acquisitions + References No definition available. + Details
Name: | ntst_PaymentsToDevelopRealEstateAssetsAndAcquisitions
Namespace Prefix: | ntst_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Real Estate Investment Properties, Percentage + References No definition available. + Details
Name: | ntst_RealEstateInvestmentPropertiesPercentage
Namespace Prefix: | ntst_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Real Estate Investment Property, at Cost, Excluding Property Under Development + References No definition available. + Details
Name: | ntst_RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment
Namespace Prefix: | ntst_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The current amount of expenditures for a real estate project that has not yet been completed. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
Name: | us-gaap_DevelopmentInProcess
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(7)(a)(8)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(b)(7)(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(b)(9)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(14)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 45 -Paragraph 3 -SubTopic 360 -Topic 944 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479638/944-360-45-3 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 45 -Paragraph 4 -SubTopic 360 -Topic 944 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479638/944-360-45-4 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 360 -Topic 944 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479607/944-360-50-1 + Details
Name: | us-gaap_GainsLossesOnSalesOfInvestmentRealEstate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of interest capitalized during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483013/835-20-50-1 + Details
Name: | us-gaap_InterestCostsCapitalized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The number of states the entity operates in as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfStatesInWhichEntityOperates
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow associated with the purchase of real estate held for investment purposes. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-13 + Details
Name: | us-gaap_PaymentsToAcquireRealEstateHeldForInvestment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Payments to develop real estate assets is the process of adding improvements on or to a parcel of land. Such improvements may include drainage, utilities, subdividing, access, buildings, and any combination of these elements; and are generally classified as cash flow from investing activities. + 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
Name: | us-gaap_PaymentsToDevelopRealEstateAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Cash received from the sale of real estate that is held for investment, that is, it is part of an investing activity during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-12 + Details
Name: | us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of real estate investments, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; (7) other real estate investments; (8) real estate joint ventures; and (9) unconsolidated real estate and other joint ventures not separately presented. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(3)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1 + Details
Name: | us-gaap_RealEstateInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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 Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 976 -SubTopic 310 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482856/976-310-50-1 + Details
Name: | us-gaap_RealEstateLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ReclassificationTypeAxis=ntst_DevelopmentPropertyTransferredMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_TX
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_IL
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ntst_OnePropertyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ReclassificationTypeAxis=ntst_CompletedProjectsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ntst_TwoPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ntst_CurrentDispositionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ntst_PriorDIspositionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=ntst_A2022AcquisitionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=ntst_A2020AcquisitionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |