XML 69 R58.htm IDEA: XBRL DOCUMENT
v3.23.1

INCOME PROPERTIES - Acquisitions (Details) $ in Millions |  | 3 Months Ended
--- | --- | ---
Feb. 24, 2023 USD ($) ft² tenant property | Mar. 31, 2023 | Mar. 31, 2022 USD ($) ft²
Acquisitions of Income Properties |  |  |
Weighted average amortization period of intangible assets |  | 6 years 1 month 6 days |
2023 Acquisitions | Income Property Exchange at Gwinnett, Buford, Georgia |  |  |
Acquisitions of Income Properties |  |  |
Number of real estate properties | property | 1 |  |
Area of real estate property acquired | ft² | 6,000 |  |
Property Square-Feet | ft² | 28,100 |  |
Purchase Price | $ 3.3 |  |
Number of tenant | tenant | 1 |  |
Remaining Lease Term at Acquisition Date (in years) | 9 years 9 months 18 days |  |
2023 Acquisitions | Contract for acquisitions of remaining portion of Income Property Exchange at Gwinnett, Buford, Georgia |  |  |
Acquisitions of Income Properties |  |  |
Purchase Price | $ 13.8 |  |
2022 Acquisitions |  |  |
Acquisitions of Income Properties |  |  |
Weighted average amortization period of intangible assets |  |  | 5 years 8 months 12 days
2022 Acquisitions | Income Property, Multi-tenant, Katy, Texas |  |  |
Acquisitions of Income Properties |  |  |
Aggregate acquisition cost including capitalized acquisition costs |  |  | $ 39.2
Land |  |  | 15.6
Buildings and improvements |  |  | 17.9
Intangible assets pertaining to the in-place lease value, leasing fees and above market lease value |  |  | 5.9
Intangible liabilities for below market lease value |  |  | $ 0.2
Property Square-Feet | ft² |  |  | 205,813
Purchase Price |  |  | $ 39.1
Percentage Leased at Acquisition |  |  | 95.00%
Remaining Lease Term at Acquisition Date (in years) |  |  | 5 years 8 months 12 days
2022 Acquisitions | Income Property, Multi-tenant, Katy, Texas | Fixed-Rate Mortgage Note |  |  |
Acquisitions of Income Properties |  |  |
Aggregate outstanding principal balance |  |  | $ 17.8

X
- Definition Area of Real Estate Property Acquired + References No definition available. + Details
Name: | cto_AreaOfRealEstatePropertyAcquired
Namespace Prefix: | cto_
Data Type: | dtr-types:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair value portion of below market lease intangible liabilities. + References No definition available. + Details
Name: | cto_BelowMarketLeaseIntangibleLiabilitiesFairValueDisclosure
Namespace Prefix: | cto_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value portion of buildings and improvements. + References No definition available. + Details
Name: | cto_BuildingsAndImprovementsFairValueDisclosure
Namespace Prefix: | cto_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of land. + References No definition available. + Details
Name: | cto_LandFairValueDisclosure
Namespace Prefix: | cto_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Lessor Leasing Arrangements Operating Leases, Number of Tenants + References No definition available. + Details
Name: | cto_LessorLeasingArrangementsOperatingLeasesNumberOfTenants
Namespace Prefix: | cto_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Remaining term at the acquisition date of the lessor's leasing arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | cto_LessorLeasingArrangementsOperatingLeasesRemainingTermOfContractAtAcquisitionDate
Namespace Prefix: | cto_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the occupancy percentage. + References No definition available. + Details
Name: | cto_OccupancyPercentage
Namespace Prefix: | cto_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The aggregate of cash outflow from the acquisition of property as primarily intended to generate income for its owner and acquisition-related costs. + References No definition available. + Details
Name: | cto_PaymentsToAcquireCommercialRealEstateIncludingAcquisitionRelatedCosts
Namespace Prefix: | cto_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a)(3) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Area of a real estate property. + References No definition available. + Details
Name: | us-gaap_AreaOfRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:areaItemType
Balance Type: | na
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_AssetAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value portion of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost, after allowance for credit loss, of financing receivable. Excludes financing receivable covered under loss sharing agreement and net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124259787&loc=d3e4428-111522 + Details
Name: | us-gaap_NotesReceivableNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The number of real estate properties owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfRealEstateProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow from the acquisition of property as primarily intended to generate income for its owner. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireCommercialRealEstate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=cto_AcquisitionsOfIncomePropertySubjectToLease2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=cto_AcquisitionsOfIncomePropertySubjectToLease2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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