XML 128 R112.htm IDEA: XBRL DOCUMENT
v3.24.0.1

INTEREST RATE SWAPS (Details) - USD ($) $ in Thousands | 12 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Jan. 31, 2023 | Sep. 30, 2022 | Nov. 05, 2021 | Aug. 31, 2021 | Mar. 10, 2021
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative Asset, Statement of Financial Position | Other Assets-See Note 12 |  |  |  |  |  |  |
Derivative Liability, Statement of Financial Position | Accrued and Other Liabilities-See Note 18 |  |  |  |  |  |  |
Interest Rate Swap |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Effectiveness of interest rate cash flow hedge (as a percent) | 100.00% | 100.00% | 100.00% |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2026 Term Loan |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) |  |  |  |  |  |  | 0.70% | 0.12%
Derivative basis spread rate (as a percent) |  |  |  |  | 0.10% |  |  |
Notional amount | $ 50,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | $ 650 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2026 Term Loan One |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 1.44% |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) | 0.10% |  |  |  |  |  |  |
Notional amount | $ 50,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | 2,153 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2026 Term Loan Two |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) |  |  |  |  | 0.10% |  |  |
Notional amount | 15,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | $ 1,025 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2026 Term Three |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 3.80% |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) | 0.10% |  |  |  |  |  |  |
Notional amount | $ 40,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, liabilities | $ (1,015) |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2027 Term loan |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 0.64% |  |  |  |  | 0.64% |  |
Derivative basis spread rate (as a percent) |  |  |  |  | 0.10% |  |  |
Notional amount | $ 100,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | $ 1,172 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2027 Term Loan One |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 1.35% |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) | 0.10% |  |  |  |  |  |  |
Notional amount | $ 100,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | $ 5,840 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2027 Term Loan Two |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 3.75% |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) | 0.10% |  |  |  |  |  |  |
Notional amount | $ 60,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, liabilities | $ (1,253) |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2028 Term Loan |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 3.78% |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) |  |  |  |  | 0.10% |  |  |
Notional amount | $ 50,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, liabilities | (433) |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2028 Term Loan One |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) |  |  |  |  | 3.78% |  |  |
Derivative basis spread rate (as a percent) |  |  |  |  | 0.10% |  |  |
Notional amount | 50,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, liabilities | $ (442) |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | 2028 Term Loan Two |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 3.81% |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) | 0.10% |  |  |  |  |  |  |
Notional amount | $ 60,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, liabilities | (1,119) |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | Credit Facility |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) |  |  |  | 3.27% |  |  |  |
Derivative basis spread rate (as a percent) |  |  |  | 0.10% |  |  |  |
Notional amount | 100,000 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | Credit Facility One |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) |  |  |  | 3.26% |  |  |  |
Derivative basis spread rate (as a percent) |  |  |  | 0.10% |  |  |  |
Notional amount | 50,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | 493 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | Credit Facility Two |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) |  |  |  | 3.36% |  |  |  |
Derivative basis spread rate (as a percent) |  |  |  | 0.10% |  |  |  |
Notional amount | 33,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | $ 345 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | Credit Facility Three |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Derivative fixed interest rate (as a percent) | 3.85% |  |  |  |  |  |  |
Derivative basis spread rate (as a percent) | 0.10% |  |  |  |  |  |  |
Notional amount | $ 17,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, assets | 92 |  |  |  |  |  |  |
Designated as a hedge | Interest Rate Swap | Credit Facility Four |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | 50,000 |  |  |  |  |  |  |
Fair value of interest rate swap agreement to hedge cash flows, liabilities | $ (617) |  |  |  |  |  |  |

X
- Definition The percentage of effectiveness of interest rate cash flow hedges during the period. + References No definition available. + Details
Name: | cto_InterestRateCashFlowHedgeEffectivenessPercentage
Namespace Prefix: | cto_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indicates line item in statement of financial position that includes derivative asset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
Namespace Prefix: | us-gaap_
Data Type: | enum2:enumerationSetItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage points added to the reference rate to compute the variable rate on the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeBasisSpreadOnVariableRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Indicates line item in statement of financial position that includes derivative liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
Namespace Prefix: | us-gaap_
Data Type: | enum2:enumerationSetItemType
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 Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-5 + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair value as of the balance sheet date of all interest rate derivative assets designated as cash flow hedging instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_InterestRateCashFlowHedgeAssetAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value as of the balance sheet date of all interest rate derivative liabilities designated as cash flow hedging instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_InterestRateCashFlowHedgeLiabilityAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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