XML 40 R62.htm IDEA: XBRL DOCUMENT
v3.20.1

RELATED PARTY TRANSACTIONS Additional Information (Details) | 12 Months Ended
--- | ---
Dec. 31, 2019 USD ($) property | Dec. 31, 2018 USD ($) property
Related Party Transaction [Line Items] |  |
Due to related parties | $ 630,820 | $ 979,174
Property management fees percentage | 1.50% |
Number of real estate properties under property management services | property | 10 | 10
Leasing commissions and fees, percentage of rents | 6.00% |
Leasing commission fee, renewal rate | 3.00% |
Limitation as of average invested assets (as a percent) | 2.00% |
Limitation as of net income (as a percent) | 25.00% | 25.00%
Hosting services agreement, term | 3 years |
Advisor |  |
Related Party Transaction [Line Items] |  |
Financing coordination fees percentage | 1.00% |
Subordinated participation fees percentage | 30.00% |
Leasing Commission Fees |  |
Related Party Transaction [Line Items] |  |
Amount paid for related party transactions | $ 0 | $ 0
Waiver of asset management fees |  |
Related Party Transaction [Line Items] |  |
Monthly asset management fees waive percentage | 0.025% |
Financing coordination fees |  |
Related Party Transaction [Line Items] |  |
Due to related parties | $ 0 | 0
Amount paid for related party transactions | $ 107,500 | 262,050
Property Selling Fee |  |
Related Party Transaction [Line Items] |  |
Related party transaction fees, percentage | 3.00% |
Due from TIC |  |
Related Party Transaction [Line Items] |  |
Due to related parties | $ 0 | 0
Amount paid for related party transactions | 0 | 0
Reimbursable organizational and offering expenses |  |
Related Party Transaction [Line Items] |  |
Due to related parties | 0 | 13,168
Amount paid for related party transactions | 1,206,881 | $ 1,503,062
Accrual organization and offering cost | $ 5,429,105 |
Reimbursable organizational and offering expenses | Sponsor |  |
Related Party Transaction [Line Items] |  |
Gross offering proceeds, percentage | 3.00% | 3.00%
Reimbursable organizational and offering expenses | Advisor |  |
Related Party Transaction [Line Items] |  |
Due to related parties | $ 0 | $ 0
Related party transaction fees, percentage | 0.025% |
Payroll Expense Reimbursement from Sponsor |  |
Related Party Transaction [Line Items] |  |
Amount paid for related party transactions | $ 373,251 | 875,100
Advisor fees, Acquisition fees |  |
Related Party Transaction [Line Items] |  |
Related party transaction fees, percentage | 3.00% |
Asset Management Fees |  |
Related Party Transaction [Line Items] |  |
Due to related parties | $ 0 | 0
Amount paid for related party transactions | $ 2,777,021 | 2,004,760
Related party transaction fees, percentage | 0.10% |
Expense reimbursements from Sponsor |  |
Related Party Transaction [Line Items] |  |
Due to related parties | $ 0 | 0
Amount paid for related party transactions | (332,337) | (1,136,469)
Disposition Fees |  |
Related Party Transaction [Line Items] |  |
Amount paid for related party transactions | $ 0 | 0
Related party transaction fees, percentage | 6.00% |
Subordinated participation fees |  |
Related Party Transaction [Line Items] |  |
Due to related parties | $ 0 | 839,050
Amount paid for related party transactions | 0 | 839,050
Reimbursable operating expense |  |
Related Party Transaction [Line Items] |  |
Due to related parties | 0 | 0
Amount paid for related party transactions | 528,000 | 0
Secured Notes Payable | Board of Directors Chairman |  |
Related Party Transaction [Line Items] |  |
Due to related parties | $ 630,820 |
Related party transaction fees, percentage | 10.00% |
Balloon payment due at maturity | $ 437,862 |
Secured Notes Payable, Note One | Board of Directors Chairman |  |
Related Party Transaction [Line Items] |  |
Balloon payment due at maturity | 218,931 |
Secured Notes Payable, Note Two | Board of Directors Chairman |  |
Related Party Transaction [Line Items] |  |
Balloon payment due at maturity | $ 218,931 |
Asset management fees |  |
Related Party Transaction [Line Items] |  |
Related party transaction fees, percentage | 0.10% |
Maximum | Reimbursable organizational and offering expenses |  |
Related Party Transaction [Line Items] |  |
Amount paid for related party transactions | $ 5,429,105 |
Maximum | Advisor fees, Acquisition fees |  |
Related Party Transaction [Line Items] |  |
Related party transaction fees, percentage | 6.00% |
Directors Not Including Executive Officers |  |
Related Party Transaction [Line Items] |  |
Payments to independent member of Company's board of directors for services rendered | $ 372,500 | 167,835
Due to related parties | $ 57,500 | $ 0

X
- Definition The Company has incurred in organization and offering costs, which represents the Company’s maximum liability for organization and offering costs. + References No definition available. + Details
Name: | cik0001645873_AccrualOrganizationAndOfferingCost
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The percentage represents financing coordination fees. + References No definition available. + Details
Name: | cik0001645873_FinancingCoordinationFeesPercentage
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of gross offering proceeds. + References No definition available. + Details
Name: | cik0001645873_GrossOfferingProceedsPercentage
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Hosting Arrangement, Duration of Agreement + References No definition available. + Details
Name: | cik0001645873_HostingArrangementDurationofAgreement
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Leasing Commissions And Fees, Renewal Rate, Percentage + References No definition available. + Details
Name: | cik0001645873_LeasingCommissionFeeRenewalRate
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Leasing Commissions and Fees, Percentage + References No definition available. + Details
Name: | cik0001645873_LeasingCommissionsAndFeesPercentage
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the monthly percentage of waive in assets management fees. + References No definition available. + Details
Name: | cik0001645873_MonthlyAssetManagementFeesWaivePercentage
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Real Estate Properties Company Provided Property Management Services For + References No definition available. + Details
Name: | cik0001645873_NumberOfRealEstatePropertiesCompanyProvidedPropertyManagementServicesFor
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage represents property management fees. + References No definition available. + Details
Name: | cik0001645873_PropertyManagementFeesPercentage
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Related Party Transaction, Balloon Payment Due at Maturity + References No definition available. + Details
Name: | cik0001645873_RelatedPartyTransactionBalloonPaymentDueatMaturity
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the percentage of average investments that can be reimbursed for cost incurred by a related party. + References No definition available. + Details
Name: | cik0001645873_RelatedPartyTransactionExpenseReimbursementPercentageToAverageInvestedAssets
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the percentage of net income excluding addition to reserve that can be reimbursed for cost incurred by a related party. + References No definition available. + Details
Name: | cik0001645873_RelatedPartyTransactionExpenseReimbursementPercentageToNetIncome
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Subordinated Participation Fees Percentage + References No definition available. + Details
Name: | cik0001645873_SubordinatedParticipationFeesPercentage
Namespace Prefix: | cik0001645873_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1)(i) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_AllocatedShareBasedCompensationExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Carrying amount as of the balance sheet date of obligations due all related parties. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)(1)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.17) -URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(3),(4)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DueToRelatedPartiesCurrentAndNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Expenses recognized resulting from transactions (excluding transactions that are eliminated in consolidated or combined financial statements) with related party. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 + Details
Name: | us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Identify the stated interest rate per the agreement, for example, leasing and debt arrangements between related parties. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=cik0001645873_AdvisorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_LeasingCommissionFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_WaiverOfAssetsManagementFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_CapitalizedFinancingCoordinationFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_PropertySellingFeeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_DueFromTICMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_ReimbursableOrganizationalAndOfferingExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=cik0001645873_SponsorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_PayrollExpenseReimbursementfromSponsorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_AdvisorFeesAcquisitionFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_AssetManagementFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_ExpenseReimbursementFromSponsorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_DispositionFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_SubordinatedParticipationFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_ReimbursableOperatingExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_SecuredNotesPayableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=srt_BoardOfDirectorsChairmanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_SecuredNotesPayableNoteOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_SecuredNotesPayableNoteTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cik0001645873_AdvisorFeesAssetManagementFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_TitleOfIndividualAxis=srt_DirectorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |