XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.23.2

BUSINESS AND ORGANIZATION - Narrative (Details) $ / shares in Units, ft² in Millions |  | 3 Months Ended | 6 Months Ended | 11 Months Ended | 12 Months Ended | 17 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Feb. 15, 2022 USD ($) $ / shares | Jun. 30, 2023 property ft² $ / shares shares | Jun. 30, 2022 shares | Jun. 30, 2023 USD ($) property ft² $ / shares shares | Jun. 30, 2022 shares | Dec. 31, 2022 USD ($) $ / shares shares | Dec. 31, 2022 $ / shares shares | Jun. 30, 2023 property ft² $ / shares shares | Dec. 21, 2022 USD ($) | Sep. 30, 2021 shares
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Issued common stock (in shares) |  | 450,000,000 |  | 450,000,000 |  |  |  | 450,000,000 |  |
Preferred stock, shares authorized (in shares) |  |  |  |  |  |  |  |  |  | 50,000,000
Number of square feet of aggregate leasable space (in square foot) | ft² |  | 4.3 |  | 4.3 |  |  |  | 4.3 |  |
Number of real estate properties | property |  | 56 |  | 56 |  |  |  | 56 |  |
Number of real estate properties sold | property |  |  |  | 0 |  |  |  |  |  |
Real Estate Investment | Tenant-in-common |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Ownership percentage |  | 72.70% |  | 72.70% |  |  |  | 72.70% |  |
Industrial Core |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Number of real estate properties | property |  | 38 |  | 38 |  |  |  | 38 |  |
Industrial Property Including Tenant-In-Common Interest | Real Estate Investment |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Investment allocation, percentage |  | 68.00% |  | 68.00% |  |  |  | 68.00% |  |
Retail |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Number of real estate properties | property |  | 12 |  | 12 |  |  |  | 12 |  |
Number of real estate properties sold | property |  |  |  | 11 |  |  |  |  |  |
Retail | Real Estate Investment |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Investment allocation, percentage |  | 16.00% |  | 16.00% |  |  |  | 16.00% |  |
Office |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Number of real estate properties | property |  | 6 |  | 6 |  |  |  | 6 |  |
Number of real estate properties sold | property |  |  |  | 3 |  |  |  |  |  |
Office | Real Estate Investment |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Investment allocation, percentage |  | 16.00% |  | 16.00% |  |  |  | 16.00% |  |
Operating Partnership |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  | 71.00% |  |  | 73.00% |  |  |
Series A Preferred Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Preferred stock, shares authorized (in shares) |  | 2,000,000 |  | 2,000,000 |  | 2,000,000 | 2,000,000 | 2,000,000 |  |
Preferred stock, dividend rate, percentage |  |  |  | 7.375% |  |  |  |  |  |
Authorized amount | $ |  |  |  |  |  |  |  |  | $ 15,000,000 |
Series A Preferred Stock | Maximum |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Preferred stock, dividend rate, percentage |  |  |  | 9.375% |  |  |  |  |  |
Common Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock, shares authorized (in shares) |  | 300,000,000 |  | 300,000,000 |  | 300,000,000 | 300,000,000 | 300,000,000 |  |
Common stock, par value (in usd per share) | $ / shares |  | $ 0.001 |  | $ 0.001 |  | $ 0.001 | $ 0.001 | $ 0.001 |  |
Purchase price of common stock, percent | 97.00% |  |  |  |  |  |  |  |  |
Purchase price of common stock, discount percent | 3.00% |  |  |  |  |  |  |  |  |
Purchase price of common stock, average price per share, percent | 100.00% |  |  |  |  |  |  |  |  |
Per share processing fee (in usd per share) | $ / shares | $ 0.05 |  |  |  |  |  |  |  |  |
Common Stock | Minimum |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Purchase price as a percentage of market price | 0.00% |  |  |  |  |  |  |  |  |
Common Stock | Maximum |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Purchase price as a percentage of market price | 5.00% |  |  |  |  |  |  |  |  |
Treasury Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock, shares authorized (in shares) |  | 100,000,000 |  | 100,000,000 |  |  |  | 100,000,000 |  |
Common stock, par value (in usd per share) | $ / shares |  | $ 0.001 |  | $ 0.001 |  |  |  | $ 0.001 |  |
Preferred Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Preferred stock, shares authorized (in shares) |  | 50,000,000 |  | 50,000,000 |  |  |  | 50,000,000 |  |
Preferred stock, par value (in usd per share) | $ / shares |  | $ 0.001 |  | $ 0.001 |  |  |  | $ 0.001 |  |
Common Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Authorized amount | $ | $ 20,000,000 |  |  |  |  |  |  |  |  |
Common Stock | Common Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Issuance of common stock -distribution reinvestments (in shares) |  | 46,062 | 42,911 | 98,735 | 108,989 |  |  |  |  |
Common Stock | Common Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Issuance of common stock -distribution reinvestments (in shares) |  |  |  |  |  |  |  | 309,046 |  |
Treasury Stock |  |  |  |  |  |  |  |  |  |
Business And Organization [Line Items] |  |  |  |  |  |  |  |  |  |
Repurchase of common stock (in shares) |  |  |  | 93,357 |  | 250,153 |  |  |  |
Repurchase of common stock | $ |  |  |  | $ 1,129,162 |  | $ 4,161,618 |  |  |  |
Average cost per share of stock shares repurchased (in usd per share) | $ / shares |  |  |  | $ 12.10 |  | $ 16.64 |  |  |  |

X
- Definition The maximum number of stock issued by the company, permitted to be issued by an entity's charter and bylaws. + References No definition available. + Details
Name: | cik0001645873_AuthorityToIssueOfCommonStock
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | cik0001645873_BusinessAndOrganizationLineItems
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Real Estate Properties, Sold + References No definition available. + Details
Name: | cik0001645873_NumberOfRealEstatePropertiesSold
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Rentable Square Feet + References No definition available. + Details
Name: | cik0001645873_NumberOfRentableSquareFeet
Namespace Prefix: | cik0001645873_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Per Share Processing Fee + References No definition available. + Details
Name: | cik0001645873_PerShareProcessingFee
Namespace Prefix: | cik0001645873_
Data Type: | dtr-types1:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Real Estate Portfolio, Investment Allocation, Percentage + References No definition available. + Details
Name: | cik0001645873_RealEstatePortfolioInvestmentAllocationPercentage
Namespace Prefix: | cik0001645873_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Share-Based Compensation Arrangement by Share-Based Payment Award, Purchase Price As A Percentage Of Market Price + References No definition available. + Details
Name: | cik0001645873_ShareBasedCompensationArrangementByShareBasedPaymentAwardPurchasePriceAsAPercentageOfMarketPrice
Namespace Prefix: | cik0001645873_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Average Price Per Share, Percent + References No definition available. + Details
Name: | cik0001645873_ShareBasedCompensationArrangementByShareBasedPaymentAwardPurchasePriceOfCommonStockAveragePricePerSharePercent
Namespace Prefix: | cik0001645873_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(16)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CommonStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage investment held by the managing member or general partner of the limited liability company (LLC) or limited partnership (LP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 272 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482987/272-10-50-3 + Details
Name: | us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

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 percentage rate used to calculate dividend payments on preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.12-12A(Column A)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-12(Column A)(Footnote 4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-12B(Column A)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-3 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column A)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-6 + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_PreferredStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(16)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_PreferredStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Discount rate from fair value on purchase date that participants pay for shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Purchase price of common stock expressed as a percentage of its fair value. + References No definition available. + Details
Name: | us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of new stock issued during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-03(i)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479886/946-10-S99-3 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of stock repurchase plan authorized. + References No definition available. + Details
Name: | us-gaap_StockRepurchaseProgramAuthorizedAmount1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-03(i)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479886/946-10-S99-3 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_StockRepurchasedDuringPeriodShares
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-11 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 45 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480767/946-205-45-4 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_StockRepurchasedDuringPeriodValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Total cost of shares repurchased divided by the total number of shares repurchased. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481549/505-30-45-1 + Details
Name: | us-gaap_TreasuryStockAcquiredAverageCostPerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_RealEstateInvestmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=cik0001645873_TenantincommonMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_IndustrialPropertyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=cik0001645873_IndustrialPropertyIncludingTenantInCommonInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_RetailSiteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OfficeBuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=cik0001645873_RWHoldingsNNNREITOperatingPartnershipLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember
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: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=cik0001645873_CommonClassSMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_PreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=cik0001645873_CommonClassCAndSMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockCommonMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |