2024 Q1 Form 10-K Financial Statement

#000171730724000010 Filed on February 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $112.2M $108.9M $437.3M
YoY Change 1.79% 2.4% 12.67%
Cost Of Revenue $15.86M $13.56M $60.05M
YoY Change -3.68% -4.26% 18.63%
Gross Profit $96.37M $95.34M $377.3M
YoY Change 2.75% 3.43% 11.78%
Gross Profit Margin 85.87% 87.55% 86.27%
Selling, General & Admin $7.689M $7.414M $31.16M
YoY Change -2.76% -130.5% 5218.09%
% of Gross Profit 7.98% 7.78% 8.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.54M $43.40M $125.3M
YoY Change 1.01% -5.89% 17.91%
% of Gross Profit 32.73% 45.52% 33.2%
Operating Expenses $61.59M $62.21M $248.1M
YoY Change -1.75% 99.7% 28.93%
Operating Profit $34.79M $33.12M $129.2M
YoY Change 11.82% -45.72% -10.96%
Interest Expense $73.23M -$70.41M $288.5M
YoY Change 3.47% -0.84% 3.03%
% of Operating Profit 210.52% -212.58% 223.32%
Other Income/Expense, Net
YoY Change
Pretax Income -$35.59M -$34.89M -$150.5M
YoY Change -9.87% -17.46% -48.78%
Income Tax $33.00K -$9.000K $104.0K
% Of Pretax Income
Net Earnings -$23.40M -$31.25M -$108.0M
YoY Change -5.67% 0.66% -52.37%
Net Earnings / Revenue -20.85% -28.7% -24.69%
Basic Earnings Per Share -$0.36 -$1.65
Diluted Earnings Per Share -$0.36 -$0.48 -$1.65
COMMON SHARES
Basic Shares Outstanding 65.84M shares 65.84M shares 65.43M shares
Diluted Shares Outstanding 65.56M shares 65.43M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $128.4M $112.3M $112.3M
YoY Change 109.62% 132.78% 132.78%
Cash & Equivalents $128.4M $112.3M $112.3M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $116.2M $119.2M $119.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $244.6M $231.5M $231.5M
YoY Change 41.97% 49.1% 49.1%
LONG-TERM ASSETS
Property, Plant & Equipment $4.746B $4.777B $4.777B
YoY Change -2.71% -2.67% -2.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $116.1M $115.4M $115.4M
YoY Change -8.82% -7.24% -7.24%
Other Assets $108.1M $133.4M $133.4M
YoY Change 28.81% 44.17% 44.17%
Total Long-Term Assets $5.283B $5.332B $5.332B
YoY Change -3.29% -3.42% -3.42%
TOTAL ASSETS
Total Short-Term Assets $244.6M $231.5M $231.5M
Total Long-Term Assets $5.283B $5.332B $5.332B
Total Assets $5.528B $5.564B $5.564B
YoY Change -1.91% -1.98% -1.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.30M $67.73M $67.73M
YoY Change -2.24% -0.98% -0.98%
Accrued Expenses $4.621M $4.730M $4.730M
YoY Change -8.42% -8.14% -8.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $79.46M $77.42M $77.42M
YoY Change -2.75% -1.21% -1.21%
LONG-TERM LIABILITIES
Long-Term Debt $4.308B $4.306B $4.306B
YoY Change 1.47% 1.45% 1.45%
Other Long-Term Liabilities $17.61M $18.53M $18.53M
YoY Change -17.87% -17.71% -17.71%
Total Long-Term Liabilities $4.326B $4.324B $4.324B
YoY Change 1.37% 1.35% 1.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.46M $77.42M $77.42M
Total Long-Term Liabilities $4.326B $4.324B $4.324B
Total Liabilities $4.405B $4.402B $4.894B
YoY Change 1.29% 1.3% 0.17%
SHAREHOLDERS EQUITY
Retained Earnings -$14.21M $9.196M
YoY Change -115.38% -92.15%
Common Stock $1.017B $1.016B
YoY Change 0.15% 0.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $643.2M $670.0M $670.0M
YoY Change
Total Liabilities & Shareholders Equity $5.528B $5.564B $5.564B
YoY Change -1.91% -1.98% -1.98%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$23.40M -$31.25M -$108.0M
YoY Change -5.67% 0.66% -52.37%
Depreciation, Depletion And Amortization $31.54M $43.40M $125.3M
YoY Change 1.01% -5.89% 17.91%
Cash From Operating Activities $7.989M -$8.041M $6.059M
YoY Change 584.58% -698.29% -92.72%
INVESTING ACTIVITIES
Capital Expenditures $2.132M $5.815M $19.42M
YoY Change -43.66% -35.32% 9.49%
Acquisitions
YoY Change
Other Investing Activities -$9.638M $42.06M $87.16M
YoY Change -172.91% 108.65% -102.54%
Cash From Investing Activities -$11.77M $36.34M $67.74M
YoY Change -224.75% 225.48% -101.97%
FINANCING ACTIVITIES
Cash Dividend Paid $658.0K $2.627M
YoY Change 0.3% -94.09%
Common Stock Issuance & Retirement, Net $163.0K
YoY Change -32.64%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$5.465M -5.056M $31.14M
YoY Change -12.18% -415.61% -99.1%
NET CHANGE
Cash From Operating Activities $7.989M -8.041M $6.059M
Cash From Investing Activities -$11.77M 36.34M $67.74M
Cash From Financing Activities -$5.465M -5.056M $31.14M
Net Change In Cash -$9.246M 23.24M $104.9M
YoY Change -311.14% 64.72% -5.78%
FREE CASH FLOW
Cash From Operating Activities $7.989M -$8.041M $6.059M
Capital Expenditures $2.132M $5.815M $19.42M
Free Cash Flow $5.857M -$13.86M -$13.36M
YoY Change -323.81% 81.2% -120.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-359000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-150517000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-293874000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
79037000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
104000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
45000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
273000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
40918000 usd
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
119682000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
228000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
323432000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112341000 usd
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
26922000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
96974000 usd
CY2022 us-gaap Interest Expense
InterestExpense
280051000 usd
CY2021 us-gaap Interest Expense
InterestExpense
35625000 usd
CY2023 ilpt Gain Loss On Sale Of Properties Including Other
GainLossOnSaleOfPropertiesIncludingOther
1710000 usd
CY2021 ilpt Gain Loss On Sale Of Properties Including Other
GainLossOnSaleOfPropertiesIncludingOther
12054000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-5758000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 ilpt Lessee Operating Lease Number Of Properties
LesseeOperatingLeaseNumberOfProperties
1 property
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001717307
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssets
CY2022Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssets
CY2023Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2022Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
001-38342
CY2023 dei Entity Registrant Name
EntityRegistrantName
INDUSTRIAL LOGISTICS PROPERTIES TRUST
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
82-2809631
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
Two Newton Place,
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
255 Washington Street,
CY2023 dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 300,
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Newton,
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
02458-1634
CY2023 dei City Area Code
CityAreaCode
617
CY2023 dei Local Phone Number
LocalPhoneNumber
219-1460
CY2023 dei Security12b Title
Security12bTitle
Common Shares of Beneficial Interest
CY2023 dei Trading Symbol
TradingSymbol
ILPT
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
false
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
213300000 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
65842339 shares
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023 dei Auditor Firm
AuditorFirmId
34
CY2023 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2023 dei Auditor Location
AuditorLocation
Boston, Massachusetts
CY2023 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2023 dei Auditor Location
AuditorLocation
Boston, Massachusetts
CY2023Q4 us-gaap Land
Land
1113723000 usd
CY2022Q4 us-gaap Land
Land
1117779000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
4055829000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
4058329000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5169552000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5176108000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
397454000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
273467000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4772098000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4902641000 usd
CY2023Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
115360000 usd
CY2022Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
124358000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
243521000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
297445000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112341000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48261000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
133382000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
92519000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
94309000 usd
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
80710000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
119170000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
107011000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
67803000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
103931000 usd
CY2023Q4 us-gaap Assets
Assets
5563675000 usd
CY2022Q4 us-gaap Assets
Assets
5676166000 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
4305941000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
4244501000 usd
CY2023Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
18534000 usd
CY2022Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
22523000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
4401896000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
4345395000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
65843387 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
65843387 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
65568145 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
65568145 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
658000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
656000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1015777000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1014201000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9196000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
117185000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
10171000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
21903000 usd
CY2023Q4 us-gaap Cumulative Dividends
CumulativeDividends
365848000 usd
CY2022Q4 us-gaap Cumulative Dividends
CumulativeDividends
363221000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
669954000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
790724000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
491825000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
540047000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1161779000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1330771000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5563675000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5676166000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
437338000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
388151000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
219874000 usd
CY2023 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
60053000 usd
CY2022 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
50624000 usd
CY2021 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
30134000 usd
CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
38192000 usd
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
30855000 usd
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
18678000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
178728000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
160982000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
50598000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31164000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32877000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16724000 usd
CY2023 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
287000 usd
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
586000 usd
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1132000 usd
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
156000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
100747000 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2023 us-gaap Costs And Expenses
CostsAndExpenses
308580000 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
376671000 usd
CY2021 us-gaap Costs And Expenses
CostsAndExpenses
117266000 usd
CY2023 us-gaap Investment Income Interest
InvestmentIncomeInterest
7911000 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
2663000 usd
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2022000 usd
CY2023 us-gaap Interest Expense
InterestExpense
288537000 usd
CY2022 ilpt Gain Loss On Sale Of Properties Including Other
GainLossOnSaleOfPropertiesIncludingOther
-10000 usd
CY2023 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-22198000 usd
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-149719000 usd
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-286841000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-41730000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-60118000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-107989000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-226723000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
119682000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-17999000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
30194000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
-6267000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
8291000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11732000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
21903000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-204820000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
119682000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65248000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65211000 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.65
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.65
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.83
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1003190000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
119682000 usd
CY2021 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
2332000 usd
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
922000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
4000 usd
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
86236000 usd
CY2022 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
2230000 usd
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
242000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
9000 usd
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
44477000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
30194000 usd
CY2022 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
593239000 usd
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1365000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1330771000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-149719000 usd
CY2023 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1750000 usd
CY2023 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
163000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
9000 usd
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2627000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17999000 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
225000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1161779000 usd
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-149719000 usd
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-286841000 usd
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
119682000 usd
CY2023 us-gaap Depreciation
Depreciation
125262000 usd
CY2022 us-gaap Depreciation
Depreciation
106236000 usd
CY2021 us-gaap Depreciation
Depreciation
32457000 usd
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
156000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
100747000 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
26922000 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
96974000 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2022000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49935000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
48570000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16656000 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2440000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1675000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
938000 usd
CY2023 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-5758000 usd
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
CY2021 us-gaap Straight Line Rent
StraightLineRent
7263000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-359000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-22198000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1710000 usd
CY2022 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-10000 usd
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
12054000 usd
CY2023 ilpt Proceeds From Derivative Instruments Operating Activities
ProceedsFromDerivativeInstrumentsOperatingActivities
56915000 usd
CY2022 ilpt Proceeds From Derivative Instruments Operating Activities
ProceedsFromDerivativeInstrumentsOperatingActivities
0 usd
CY2021 ilpt Proceeds From Derivative Instruments Operating Activities
ProceedsFromDerivativeInstrumentsOperatingActivities
0 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2328000 usd
CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5282000 usd
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2640000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
902000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7078000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
40918000 usd
CY2023 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-1440000 usd
CY2022 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
19596000 usd
CY2021 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-54000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9951000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-11931000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8323000 usd
CY2023 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
1920000 usd
CY2022 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
3034000 usd
CY2021 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
2525000 usd
CY2023 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
142000 usd
CY2022 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
2640000 usd
CY2021 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-94000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6059000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
83251000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
110650000 usd
CY2023 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
0 usd
CY2022 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
3589389000 usd
CY2021 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
134730000 usd
CY2023 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
19415000 usd
CY2022 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
17732000 usd
CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
4911000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
140792000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
5940000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
20460000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
CY2023 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
0 usd
CY2022 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
0 usd
CY2021 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
160506000 usd
CY2023 us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
24300000 usd
CY2022 us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
0 usd
CY2021 us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
1206000 usd
CY2023 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
56915000 usd
CY2022 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 usd
CY2021 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 usd
CY2023 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 usd
CY2022 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 usd
CY2021 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
804000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
67740000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3445869000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
22875000 usd
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
91000000 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
3335000000 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
55418000 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
18070000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1385158000 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1385158000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
301000000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
185000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
340000000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1423000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
211996000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
804000 usd
CY2023 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 usd
CY2022 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
7740000 usd
CY2021 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
2627000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
44477000 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
86236000 usd
CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
589411000 usd
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
163000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
242000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
922000 usd
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
225000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1365000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31144000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3474001000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-126962000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
104943000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
111383000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6563000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
140780000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29397000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22834000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245723000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
237585000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
178842000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
85000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
485000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
323432000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1235000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2507000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
705000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48261000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29397000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
133382000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
92519000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245723000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
140780000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29397000 usd
CY2023Q4 ilpt Numberof Real Estate Properties Owned
NumberofRealEstatePropertiesOwned
411 property
CY2023Q4 us-gaap Net Rentable Area
NetRentableArea
59951000 sqft
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 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.</span></div>
CY2023Q4 ilpt Deferred Costs Leasing Future Amortization Expense After Year Five
DeferredCostsLeasingFutureAmortizationExpenseAfterYearFive
8295000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
243521000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
297445000 usd
CY2023Q4 ilpt Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
37580000 usd
CY2022Q4 ilpt Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
42600000 usd
CY2023Q4 ilpt Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
19046000 usd
CY2022Q4 ilpt Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
20077000 usd
CY2023Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
18534000 usd
CY2022Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
22523000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
26803000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
22371000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
6156000 usd
CY2022Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
4366000 usd
CY2021Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
6711000 usd
CY2021Q4 us-gaap Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
5907000 usd
CY2023Q4 ilpt Deferred Costs Leasing Future Amortization Expense Year One
DeferredCostsLeasingFutureAmortizationExpenseYearOne
2811000 usd
CY2023Q4 ilpt Debt Issuance Costs Future Amortization Expense Year One
DebtIssuanceCostsFutureAmortizationExpenseYearOne
12823000 usd
CY2023Q4 ilpt Deferred Costs Leasing Future Amortization Expense Year Two
DeferredCostsLeasingFutureAmortizationExpenseYearTwo
2724000 usd
CY2023Q4 ilpt Debt Issuance Costs Future Amortization Expense Year Two
DebtIssuanceCostsFutureAmortizationExpenseYearTwo
1262000 usd
CY2023Q4 ilpt Deferred Costs Leasing Future Amortization Expense Year Three
DeferredCostsLeasingFutureAmortizationExpenseYearThree
2548000 usd
CY2023Q4 ilpt Debt Issuance Costs Future Amortization Expense Year Three
DebtIssuanceCostsFutureAmortizationExpenseYearThree
1262000 usd
CY2023Q4 ilpt Deferred Costs Leasing Future Amortization Expense Year Four
DeferredCostsLeasingFutureAmortizationExpenseYearFour
2304000 usd
CY2023Q4 ilpt Debt Issuance Costs Future Amortization Expense Year Four
DebtIssuanceCostsFutureAmortizationExpenseYearFour
1262000 usd
CY2023Q4 ilpt Deferred Costs Leasing Future Amortization Expense Year Five
DeferredCostsLeasingFutureAmortizationExpenseYearFive
1965000 usd
CY2023Q4 ilpt Debt Issuance Costs Future Amortization Expense Year Five
DebtIssuanceCostsFutureAmortizationExpenseYearFive
1262000 usd
CY2023Q4 ilpt Debt Issuance Costs Future Amortization Expense Year After Year Five
DebtIssuanceCostsFutureAmortizationExpenseYearAfterYearFive
2132000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
20647000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
20003000 usd
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
156000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
100747000 usd
CY2023Q4 us-gaap Environmental Costs Recognized Capitalized
EnvironmentalCostsRecognizedCapitalized
6775000 usd
CY2022Q4 us-gaap Environmental Costs Recognized Capitalized
EnvironmentalCostsRecognizedCapitalized
6940000 usd
CY2023 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts
<div style="margin-bottom:10pt;text-indent:18pt"><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 complete and held available for occupancy upon the completion of tenant improvements, but no later than one year from cessation of major construction activity.</span></div>
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
308240000 usd
CY2023Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
3 property
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4646000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4730000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5084000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5149000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 ilpt Lessor Operating Lease Capital Expenses Incurred
LessorOperatingLeaseCapitalExpensesIncurred
23263000 usd
CY2022 ilpt Lessor Operating Lease Capital Expenses Incurred
LessorOperatingLeaseCapitalExpensesIncurred
30331000 usd
CY2023 ilpt Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
10923000 usd
CY2023Q4 ilpt Net Rentable Area New Tenant Improvements
NetRentableAreaNewTenantImprovements
4982000 sqft
CY2023Q4 ilpt Operating Leases Committed Expenditures Tenant Related Obligations Expected To Be Spent In The Next12 Months
OperatingLeasesCommittedExpendituresTenantRelatedObligationsExpectedToBeSpentInTheNext12Months
5947000 usd
CY2022Q1 ilpt States Where Acquired Properties Are Located
StatesWhereAcquiredPropertiesAreLocated
27 state
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-5758000 usd
CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
76572000 usd
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
63168000 usd
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
38732000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
344967000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
327988000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
284553000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
240654000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1555987000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
3062389000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4325944000 usd
CY2023Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0547
CY2023Q4 ilpt Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
4735716000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
20003000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
4305941000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4290363000 usd
CY2022Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0543
CY2022Q4 ilpt Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
4857352000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
45862000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
4244501000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
1235000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2653114000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
18794000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
19495000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
20229000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
20989000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1593323000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4325944000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
260800 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.07
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
192380 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
24.15
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
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
328350 shares
CY2023 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
2.84
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
197800 shares
CY2022 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
7.85
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
139800 shares
CY2021 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
25.93
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
296890 shares
CY2023 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
8.02
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
127480 shares
CY2022 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
17.44
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
108920 shares
CY2021 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
23.78
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
3950 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
11.40
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1900 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
24.55
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
700 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
22.24
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
288310 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
8.50
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
260800 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.07
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
192380 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
24.15
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
288310 shares
CY2023Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year One
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearOne
100280 shares
CY2023Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearTwo
84660 shares
CY2023Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearThree
66000 shares
CY2023Q4 ilpt Share Based Compensation Arrangement By Share Based Payment Award Nonvested Shares Scheduled To Vest In Year Four
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedSharesScheduledToVestInYearFour
37370 shares
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2111000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P23M
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1741000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2221000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2328000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3156613 shares
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.04
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2627000 usd
CY2023 ilpt Common Stock Dividends Returnof Capital Distribution Percentage
CommonStockDividendsReturnofCapitalDistributionPercentage
1.000
CY2023 ilpt Common Stock Dividends Ordinary Income Distribution Percentage
CommonStockDividendsOrdinaryIncomeDistributionPercentage
0
CY2023 ilpt Common Stock Dividends Capital Gains Distribution Percentage
CommonStockDividendsCapitalGainsDistributionPercentage
0
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.68
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
44477000 usd
CY2022 ilpt Common Stock Dividends Returnof Capital Distribution Percentage
CommonStockDividendsReturnofCapitalDistributionPercentage
0.897
CY2022 ilpt Common Stock Dividends Ordinary Income Distribution Percentage
CommonStockDividendsOrdinaryIncomeDistributionPercentage
0.096
CY2022 ilpt Common Stock Dividends Capital Gains Distribution Percentage
CommonStockDividendsCapitalGainsDistributionPercentage
0.007
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.32
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
86236000 usd
CY2021 ilpt Common Stock Dividends Returnof Capital Distribution Percentage
CommonStockDividendsReturnofCapitalDistributionPercentage
0
CY2021 ilpt Common Stock Dividends Ordinary Income Distribution Percentage
CommonStockDividendsOrdinaryIncomeDistributionPercentage
0.932
CY2021 ilpt Common Stock Dividends Capital Gains Distribution Percentage
CommonStockDividendsCapitalGainsDistributionPercentage
0.068
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-107989000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-226723000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
119682000 usd
CY2023 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
10000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
131000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
307000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-107999000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-226854000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
119375000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65430000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65248000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65169000 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
42000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65430000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65248000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65211000 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.65
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.65
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.47
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.47
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.83
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.83
CY2023Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2023 ilpt Related Party Transaction Property Management Fee Percentage Of Gross Collected Rents
RelatedPartyTransactionPropertyManagementFeePercentageOfGrossCollectedRents
0.030
CY2023 ilpt Related Party Transaction Construction Supervision Fee Percentage Of Construction Costs
RelatedPartyTransactionConstructionSupervisionFeePercentageOfConstructionCosts
0.050
CY2023 ilpt Related Party Transaction Number Of Business Days Prior Written Notice For Termination Of Property Management Agreement For Convenience By Related Party
RelatedPartyTransactionNumberOfBusinessDaysPriorWrittenNoticeForTerminationOfPropertyManagementAgreementForConvenienceByRelatedParty
P60D
CY2023 ilpt Related Party Transaction Window After Change Of Control Prior Written Notice For Termination Of Property Management Agreement By Related Party
RelatedPartyTransactionWindowAfterChangeOfControlPriorWrittenNoticeForTerminationOfPropertyManagementAgreementByRelatedParty
P12M
CY2023Q4 ilpt Number Of Joint Venture Agreements
NumberOfJointVentureAgreements
2 agreement
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
15640000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
34825000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-17999000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
30194000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1130169000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
4063151000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
71026000 usd
CY2023Q4 ilpt Sec Schedule1228 Real Estate Companies Investment In Real Estate And Accumulated Depreciation Impairment And Writedowns
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationImpairmentAndWritedowns
-94794000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1113723000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
4055829000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
5169552000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
397454000 usd
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
5724491000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1809070000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
141406000 usd
CY2021 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
129724000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
32389000 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
189961000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
6305000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1748833000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
167490000 usd
CY2022 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
3520563000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
106236000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
259000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
259000 usd
CY2022 ilpt Sec Schedule1228 Real Estate Companies Investment In Real Estate Impairments
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateImpairments
93029000 usd
CY2022 ilpt Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Impairments
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationImpairments
0 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
5176108000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
273467000 usd
CY2023 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
18181000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
125262000 usd
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
24190000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
884000 usd
CY2023 ilpt Sec Schedule1228 Real Estate Companies Investment In Real Estate Impairments
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateImpairments
547000 usd
CY2023 ilpt Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Impairments
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationImpairments
391000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
5169552000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
397454000 usd

Files In Submission

Name View Source Status
0001717307-24-000010-index-headers.html Edgar Link pending
0001717307-24-000010-index.html Edgar Link pending
0001717307-24-000010.txt Edgar Link pending
0001717307-24-000010-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ilpt-20231231.htm Edgar Link pending
ilpt-20231231.xsd Edgar Link pending
ilpt_12312023xexhibitx211.htm Edgar Link pending
ilpt_12312023xexhibitx231.htm Edgar Link pending
ilpt_12312023xexhibitx311.htm Edgar Link pending
ilpt_12312023xexhibitx312.htm Edgar Link pending
ilpt_12312023xexhibitx313.htm Edgar Link pending
ilpt_12312023xexhibitx314.htm Edgar Link pending
ilpt_12312023xexhibitx321.htm Edgar Link pending
ilpt_12312023xexhibitx81.htm Edgar Link pending
ilpt_12312023xexhibitx971.htm Edgar Link pending
image1a.jpg Edgar Link pending
imagea.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
ilpt-20231231_cal.xml Edgar Link unprocessable
ilpt-20231231_def.xml Edgar Link unprocessable
ilpt-20231231_lab.xml Edgar Link unprocessable
ilpt-20231231_pre.xml Edgar Link unprocessable
ilpt-20231231_htm.xml Edgar Link completed
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable