2020 Form 10-K Financial Statement

#000171730721000009 Filed on February 18, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $254.6M $62.20M $229.2M
YoY Change 11.08% 47.83% 41.02%
Cost Of Revenue $35.20M $8.720M $30.40M
YoY Change 15.79% 66.73% 57.51%
Gross Profit $219.4M $53.48M $198.9M
YoY Change 10.31% 45.17% 38.9%
Gross Profit Margin 86.17% 85.98% 86.78%
Selling, General & Admin $19.60M $4.060M $17.20M
YoY Change 13.95% 39.04% 52.21%
% of Gross Profit 8.93% 7.59% 8.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.82M $17.40M $38.18M
YoY Change 14.78% 135.14% 103.27%
% of Gross Profit 19.97% 32.54% 19.19%
Operating Expenses $110.8M $27.34M $96.70M
YoY Change 14.58% 96.13% 82.8%
Operating Profit $108.6M $26.14M $102.2M
YoY Change 6.26% 14.15% 13.18%
Interest Expense $51.62M -$14.48M $50.85M
YoY Change 1.52% 214.1% 216.2%
% of Operating Profit 47.53% -55.39% 49.75%
Other Income/Expense, Net
YoY Change
Pretax Income $80.95M $11.67M $52.00M
YoY Change 55.67% -36.23% -30.12%
Income Tax $277.0K $40.00K $171.0K
% Of Pretax Income 0.34% 0.34% 0.33%
Net Earnings $82.07M $11.67M $52.50M
YoY Change 56.33% -36.17% -29.43%
Net Earnings / Revenue 32.24% 18.77% 22.9%
Basic Earnings Per Share $1.26 $0.81
Diluted Earnings Per Share $1.26 $179.3K $0.81
COMMON SHARES
Basic Shares Outstanding 65.10M shares 65.18M shares 65.05M shares
Diluted Shares Outstanding 65.11M shares 65.06M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.80M $28.40M $28.40M
YoY Change -19.72% 195.83% 195.83%
Cash & Equivalents $22.80M $28.42M $28.40M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $69.50M $62.80M $62.80M
Other Receivables $2.700M $1.500M $1.500M
Total Short-Term Assets $95.00M $92.70M $92.70M
YoY Change 2.48% 36.52% 36.52%
LONG-TERM ASSETS
Property, Plant & Equipment $1.668B $2.205B $2.205B
YoY Change -24.35% 61.02% 61.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $60.60M $300.0K $300.0K
YoY Change 20100.0% -96.51%
Other Assets $6.100M $15.70M $15.70M
YoY Change -61.15% 48.11% 48.11%
Total Long-Term Assets $1.821B $2.362B $2.362B
YoY Change -22.92% 61.05% 61.06%
TOTAL ASSETS
Total Short-Term Assets $95.00M $92.70M $92.70M
Total Long-Term Assets $1.821B $2.362B $2.362B
Total Assets $1.916B $2.455B $2.455B
YoY Change -21.96% 59.97% 59.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.70M $16.50M $16.50M
YoY Change -10.91% 37.5% 37.5%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $221.0M $48.80M
YoY Change 352.87%
Total Short-Term Liabilities $244.5M $25.70M $74.50M
YoY Change 228.19% 29.8% 276.26%
LONG-TERM LIABILITIES
Long-Term Debt $645.6M $1.407B $1.358B
YoY Change -52.46% 204.33% 193.79%
Other Long-Term Liabilities $22.40M $27.00M $27.00M
YoY Change -17.04% 11.11% 11.11%
Total Long-Term Liabilities $668.0M $1.434B $1.385B
YoY Change -51.77% 194.68% 184.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $244.5M $25.70M $74.50M
Total Long-Term Liabilities $668.0M $1.434B $1.385B
Total Liabilities $912.6M $1.459B $1.459B
YoY Change -37.46% 188.19% 188.21%
SHAREHOLDERS EQUITY
Retained Earnings $142.2M
YoY Change 58.55%
Common Stock $1.000B
YoY Change 0.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.003B $995.7M $995.7M
YoY Change
Total Liabilities & Shareholders Equity $1.916B $2.455B $2.455B
YoY Change -21.96% 59.97% 59.97%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $82.07M $11.67M $52.50M
YoY Change 56.33% -36.17% -29.43%
Depreciation, Depletion And Amortization $43.82M $17.40M $38.18M
YoY Change 14.78% 135.14% 103.27%
Cash From Operating Activities $114.6M $27.10M $116.3M
YoY Change -1.49% 1.88% 20.19%
INVESTING ACTIVITIES
Capital Expenditures -$5.900M -$9.400M -$17.20M
YoY Change -65.7% 224.14% 244.0%
Acquisitions
YoY Change
Other Investing Activities $1.300M $8.200M -$876.2M
YoY Change -100.15% -123.16% 571.42%
Cash From Investing Activities -$4.522M -$1.200M -$893.4M
YoY Change -99.49% -96.87% 559.2%
FINANCING ACTIVITIES
Cash Dividend Paid $86.09M
YoY Change
Common Stock Issuance & Retirement, Net $382.0K $253.0K
YoY Change 50.99% -100.06%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$121.8M -14.80M $802.0M
YoY Change -115.18% -242.31% 1558.06%
NET CHANGE
Cash From Operating Activities $114.6M 27.10M $116.3M
Cash From Investing Activities -$4.522M -1.200M -$893.4M
Cash From Financing Activities -$121.8M -14.80M $802.0M
Net Change In Cash -$11.72M 11.10M $24.94M
YoY Change -146.97% -953.85% 159.6%
FREE CASH FLOW
Cash From Operating Activities $114.6M $27.10M $116.3M
Capital Expenditures -$5.900M -$9.400M -$17.20M
Free Cash Flow $120.5M $36.50M $133.5M
YoY Change -9.76% 23.73% 31.19%

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CY2020 us-gaap Profit Loss
ProfitLoss
81205000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
52498000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
74388000 USD
CY2020 us-gaap Depreciation
Depreciation
43821000 USD
CY2019 us-gaap Depreciation
Depreciation
38177000 USD
CY2018 us-gaap Depreciation
Depreciation
18781000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2481000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2017000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1244000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24573000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21465000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8592000 USD
CY2020 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
1357000 USD
CY2019 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
1113000 USD
CY2018 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
820000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1198000 USD
CY2020 us-gaap Straight Line Rent
StraightLineRent
9041000 USD
CY2019 us-gaap Straight Line Rent
StraightLineRent
4345000 USD
CY2018 us-gaap Straight Line Rent
StraightLineRent
4739000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
120000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
23996000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2018 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2020 us-gaap Other Noncash Expense
OtherNoncashExpense
2331000 USD
CY2019 us-gaap Other Noncash Expense
OtherNoncashExpense
1109000 USD
CY2018 us-gaap Other Noncash Expense
OtherNoncashExpense
927000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
529000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
666000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
666000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2020 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
2907000 USD
CY2019 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
1497000 USD
CY2018 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
1727000 USD
CY2020 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
2443000 USD
CY2019 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
1457000 USD
CY2018 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
1745000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1068000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
594000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3591000 USD
CY2020 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
3871000 USD
CY2019 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
114000 USD
CY2018 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
1390000 USD
CY2020 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
2613000 USD
CY2019 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
3095000 USD
CY2018 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
1618000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
279000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3438000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
210000 USD
CY2020 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
12000 USD
CY2019 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
550000 USD
CY2018 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
456000 USD
CY2020 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-133000 USD
CY2019 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
845000 USD
CY2018 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-5461000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
114564000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
116300000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
96763000 USD
CY2020 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
115813000 USD
CY2019 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
884570000 USD
CY2018 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
121891000 USD
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
5857000 USD
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
17157000 USD
CY2018 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
5004000 USD
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
10578000 USD
CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2018 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2020 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
106283000 USD
CY2019 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 USD
CY2018 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 USD
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
287000 USD
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
8334000 USD
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
8632000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4522000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-893393000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-135527000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
444309000 USD
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2019 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1000000000 USD
CY2018 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
234000000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
744000000 USD
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
193000000 USD
CY2020 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
323000000 USD
CY2019 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
847000000 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
530000000 USD
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
48750000 USD
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2018 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8775000 USD
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5378000 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
107942000 USD
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5479000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
86089000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
85937000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
60482000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
382000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
253000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
52000 USD
CY2020 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2019 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2018 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
16162000 USD
CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2019 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2018 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
9187000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-121758000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
802035000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48372000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11716000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
24942000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9608000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34550000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9608000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22834000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34550000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9608000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
50433000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
46072000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
14749000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
209000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
164000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2020 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
187000 USD
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
CY2020 ilpt Noncash Or Part Noncash Divestiture Decrease In Assets From Deconsolidation
NoncashOrPartNoncashDivestitureDecreaseInAssetsFromDeconsolidation
-631879000 USD
CY2019 ilpt Noncash Or Part Noncash Divestiture Decrease In Assets From Deconsolidation
NoncashOrPartNoncashDivestitureDecreaseInAssetsFromDeconsolidation
0 USD
CY2018 ilpt Noncash Or Part Noncash Divestiture Decrease In Assets From Deconsolidation
NoncashOrPartNoncashDivestitureDecreaseInAssetsFromDeconsolidation
0 USD
CY2020 ilpt Noncash Or Part Noncash Divestiture Decrease In Mortgage Notes Payable
NoncashOrPartNoncashDivestitureDecreaseInMortgageNotesPayable
403160000 USD
CY2019 ilpt Noncash Or Part Noncash Divestiture Decrease In Mortgage Notes Payable
NoncashOrPartNoncashDivestitureDecreaseInMortgageNotesPayable
0 USD
CY2018 ilpt Noncash Or Part Noncash Divestiture Decrease In Mortgage Notes Payable
NoncashOrPartNoncashDivestitureDecreaseInMortgageNotesPayable
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
56980000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
56980000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22834000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28415000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9608000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6135000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22834000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34550000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9608000 USD
CY2018Q1 ilpt Numberof Real Estate Properties Owned
NumberofRealEstatePropertiesOwned
266 property
CY2018Q1 us-gaap Net Rentable Area
NetRentableArea
28540000 sqft
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
83644000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
138596000 USD
CY2020Q4 ilpt Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
33927000 USD
CY2019Q4 ilpt Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
36278000 USD
CY2020Q4 ilpt Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
19297000 USD
CY2019Q4 ilpt Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
18770000 USD
CY2020Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
14630000 USD
CY2019Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
17508000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
15228000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14537000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12606000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8681000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5473000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
12489000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2019Q4 us-gaap Environmental Costs Recognized Capitalized
EnvironmentalCostsRecognizedCapitalized
6940000 USD
CY2020Q4 us-gaap Environmental Costs Recognized Capitalized
EnvironmentalCostsRecognizedCapitalized
6940000 USD
CY2020 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Capitalization Policy. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Costs directly related to the development of properties are capitalized. We capitalize development costs, including interest, real estate taxes, insurance, and other project costs, incurred during the period of development. Determinations of when a development project commences and capitalization begins, and when a development project is substantially complete and held available for occupancy and capitalization must cease, involve judgments. We begin the capitalization of costs during the pre-construction period, which we consider to begin when activities that are necessary to the development of the property commence. We consider a development project as substantially completed and held available for occupancy upon the completion of tenant improvements, but no later than one year from cessation of major construction activity.</span>
CY2020Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
8116000 USD
CY2019Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
11383000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
3521000 USD
CY2019Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
4802000 USD
CY2020 ilpt Deferred Costs Leasing Future Amortization Expense Year One
DeferredCostsLeasingFutureAmortizationExpenseYearOne
682000 USD
CY2020 ilpt Deferred Costs Leasing Future Amortization Expense Year Two
DeferredCostsLeasingFutureAmortizationExpenseYearTwo
608000 USD
CY2020 ilpt Deferred Costs Leasing Future Amortization Expense Year Three
DeferredCostsLeasingFutureAmortizationExpenseYearThree
422000 USD
CY2020 ilpt Deferred Costs Leasing Future Amortization Expense Year Four
DeferredCostsLeasingFutureAmortizationExpenseYearFour
388000 USD
CY2020 ilpt Deferred Costs Leasing Future Amortization Expense Year Five
DeferredCostsLeasingFutureAmortizationExpenseYearFive
365000 USD
CY2020 ilpt Deferred Costs Leasing Future Amortization Expense After Year Five
DeferredCostsLeasingFutureAmortizationExpenseAfterYearFive
2130000 USD
CY2020Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
5907000 USD
CY2019Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
5907000 USD
CY2020Q4 us-gaap Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
4430000 USD
CY2019Q4 us-gaap Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
2953000 USD
CY2020Q4 ilpt Future Amortization Expense Deferred Issuance Costs Next Twelve Months
FutureAmortizationExpenseDeferredIssuanceCostsNextTwelveMonths
2024000 USD
CY2020Q4 ilpt Future Amortization Expense Deferred Issuance Costs Year Two
FutureAmortizationExpenseDeferredIssuanceCostsYearTwo
547000 USD
CY2020Q4 ilpt Future Amortization Expense Deferred Issuance Costs Year Three
FutureAmortizationExpenseDeferredIssuanceCostsYearThree
547000 USD
CY2020Q4 ilpt Future Amortization Expense Deferred Issuance Costs Year Four
FutureAmortizationExpenseDeferredIssuanceCostsYearFour
547000 USD
CY2020Q4 ilpt Future Amortization Expense Deferred Issuance Costs Year Five
FutureAmortizationExpenseDeferredIssuanceCostsYearFive
547000 USD
CY2020Q4 ilpt Future Amortization Expense Deferred Issuance Costsafter Year Five
FutureAmortizationExpenseDeferredIssuanceCostsafterYearFive
1686000 USD
CY2020 us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
406980000 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates. Preparation of these financial statements in conformity with U.S. generally accepted accounting principles, or GAAP, requires us to make estimates and assumptions that may affect the amounts reported in these consolidated financial statements and related notes.
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2020 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Reclassifications have been made to the prior years' consolidated financial statements to conform to the current year's presentation.</span>
CY2020Q4 ilpt Numberof Real Estate Properties Owned
NumberofRealEstatePropertiesOwned
289 property
CY2020Q4 us-gaap Net Rentable Area
NetRentableArea
34870000 sqft
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2020 ilpt Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
2106000 USD
CY2020Q4 ilpt Net Rentable Area New Tenant Improvements
NetRentableAreaNewTenantImprovements
1102000 sqft
CY2020Q4 ilpt Operating Leases Committed Expenditureson Leases Executedin Period Committedbut Unspent Tenant Related Obligations
OperatingLeasesCommittedExpendituresonLeasesExecutedinPeriodCommittedbutUnspentTenantRelatedObligations
544000 USD
CY2020Q4 ilpt Operating Leases Committed Expenditures Tenant Related Obligations Expected To Be Spent In The Next12 Months
OperatingLeasesCommittedExpendituresTenantRelatedObligationsExpectedToBeSpentInTheNext12Months
373000 USD
CY2020 us-gaap Straight Line Rent
StraightLineRent
9041000 USD
CY2019 us-gaap Straight Line Rent
StraightLineRent
4345000 USD
CY2018 us-gaap Straight Line Rent
StraightLineRent
4739000 USD
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
45858000 USD
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
40898000 USD
CY2018 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
24161000 USD
CY2020 ilpt Operating Lease Tenant Reimbursements
OperatingLeaseTenantReimbursements
44878000 USD
CY2019 ilpt Operating Lease Tenant Reimbursements
OperatingLeaseTenantReimbursements
38755000 USD
CY2018 ilpt Operating Lease Tenant Reimbursements
OperatingLeaseTenantReimbursements
23219000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
169312000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
167850000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
150817000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
132497000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
117143000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
991913000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1729532000 USD
CY2020 ilpt Unusualor Infrequent Itemor Both Rent Assistance Period Increase Decreaseto Accounts Receivable
UnusualorInfrequentItemorBothRentAssistancePeriodIncreaseDecreasetoAccountsReceivable
2630000 USD
CY2020Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0348
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
871000000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1415730000 USD
CY2020Q4 ilpt Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
491559000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
4421000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
9122000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
866579000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1406608000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
120000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
221000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
650000000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
871000000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
108200 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
22.08
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
43280 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
23.33
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
0 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
139100 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
22.01
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
119200 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.32
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
77400 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
22.60
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
84520 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
21.41
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
52880 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
20.78
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
33880 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
21.64
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
580 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
22.20
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1400 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
22.39
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
240 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
23.33
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
162200 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
22.37
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
108200 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
22.08
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
43280 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
23.33
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
162200 shares
CY2020Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year One
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearOne
63260 shares
CY2020Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearTwo
43460 shares
CY2020Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearThree
36160 shares
CY2020Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year Four
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearFour
19320 shares
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2903000 USD
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P22M
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2331000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1109000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
927000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3698912 shares
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.32
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
86089000 USD
CY2020 ilpt Common Stock Dividends Returnof Capital Distribution Percentage
CommonStockDividendsReturnofCapitalDistributionPercentage
0.290
CY2020 ilpt Common Stock Dividends Ordinary Income Distribution Percentage
CommonStockDividendsOrdinaryIncomeDistributionPercentage
0.710
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.32
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
85937000 USD
CY2019 ilpt Common Stock Dividends Returnof Capital Distribution Percentage
CommonStockDividendsReturnofCapitalDistributionPercentage
0.218
CY2019 ilpt Common Stock Dividends Ordinary Income Distribution Percentage
CommonStockDividendsOrdinaryIncomeDistributionPercentage
0.782
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.93
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
60482000 USD
CY2018 ilpt Common Stock Dividends Returnof Capital Distribution Percentage
CommonStockDividendsReturnofCapitalDistributionPercentage
0
CY2018 ilpt Common Stock Dividends Ordinary Income Distribution Percentage
CommonStockDividendsOrdinaryIncomeDistributionPercentage
1.000
CY2020 ilpt Equity Market Capitalization
EquityMarketCapitalization
1560000000 USD
CY2018Q1 us-gaap Share Price
SharePrice
24.00
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65104000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65049000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64139000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65114000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65055000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64140000 shares
CY2020Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2020 ilpt Adjusted Benchmark Return Qualification For Management Fee Reduction Minimum
AdjustedBenchmarkReturnQualificationForManagementFeeReductionMinimum
2
CY2020 ilpt Adjusted Benchmark Return Qualification For Management Fee Reduction Maximum
AdjustedBenchmarkReturnQualificationForManagementFeeReductionMaximum
5
CY2020 ilpt Adjusted Benchmark Return Qualification For Management Fee Reduction Maximum
AdjustedBenchmarkReturnQualificationForManagementFeeReductionMaximum
5
CY2020 ilpt Related Party Transaction Business Management Fees
RelatedPartyTransactionBusinessManagementFees
12983000 USD
CY2019 ilpt Related Party Transaction Business Management Fees
RelatedPartyTransactionBusinessManagementFees
11897000 USD
ilpt Related Party Transaction Business Management Fees
RelatedPartyTransactionBusinessManagementFees
7269000 USD
CY2019 us-gaap Incentive Fee Expense
IncentiveFeeExpense
0 USD
CY2020 us-gaap Incentive Fee Expense
IncentiveFeeExpense
0 USD
CY2018 us-gaap Incentive Fee Expense
IncentiveFeeExpense
0 USD
CY2020 ilpt Termremainingpriortoterminationusedincalculationofterminationfee
Termremainingpriortoterminationusedincalculationofterminationfee
P10Y
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
708449000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
1052875000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
47746000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
709099000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1099971000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1809070000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
141406000 USD
CY2020 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
4421000 USD
CY2020Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
1924900000 USD
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1343602000 USD
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
74614000 USD
CY2018 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
118898000 USD
CY2018 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
18781000 USD
CY2018 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
104000 USD
CY2018 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
104000 USD
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1462396000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
93291000 USD
CY2019 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
873568000 USD
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
38177000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2335964000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
131468000 USD
CY2020 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
109020000 USD
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
43821000 USD
CY2020 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
635914000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
33883000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1809070000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
141406000 USD

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