$ILPT
Industrial Logistics Properties Trust Stock $ilpt

$ilpt Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000171730724000030 Filed on July 30, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$108.9M	$110.6M
YoY Change	-1.05%	2.39%
Cost Of Revenue	$15.34M	$15.15M
YoY Change	2.95%	0.32%
Gross Profit	$93.61M	$95.47M
YoY Change	-1.67%	2.72%
Gross Profit Margin	85.92%	86.31%
Selling, General & Admin	$7.237M	$7.939M
YoY Change	-6.01%	-2.36%
% of Gross Profit	7.73%	8.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$41.95M	$42.30M
YoY Change	-2.44%	-4.15%
% of Gross Profit	44.81%	44.31%
Operating Expenses	$59.34M	$60.57M
YoY Change	-3.67%	-1.61%
Operating Profit	$34.27M	$34.91M
YoY Change	1.99%	11.22%
Interest Expense	-$70.80M	-$70.70M
YoY Change	-197.07%	0.92%
% of Operating Profit	-206.62%	-202.54%
Other Income/Expense, Net
YoY Change
Pretax Income	-$36.54M	-$35.79M
YoY Change	-0.88%	-8.88%
Income Tax	$33.00K	$36.00K
% Of Pretax Income
Net Earnings	-$24.99M	-$23.18M
YoY Change	-4.3%	-10.27%
Net Earnings / Revenue	-22.94%	-20.95%
Basic Earnings Per Share	-$0.38	-$0.35
Diluted Earnings Per Share	-$0.38	-$0.35
COMMON SHARES
Basic Shares Outstanding	65.98M shares	65.83M shares
Diluted Shares Outstanding	65.77M shares	65.63M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$153.9M	$146.2M
YoY Change	84.71%	103.85%
Cash & Equivalents	$153.9M	$146.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$122.7M	$118.2M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$276.6M	$264.3M
YoY Change	40.4%	44.97%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.688B	$4.717B
YoY Change	-1.72%	-2.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$117.6M	$117.5M
YoY Change	-5.45%	-9.01%
Other Assets	$111.1M	$112.4M
YoY Change	-43.56%	-36.1%
Total Long-Term Assets	$5.178B	$5.225B
YoY Change	-4.77%	-4.64%
TOTAL ASSETS
Total Short-Term Assets	$276.6M	$264.3M
Total Long-Term Assets	$5.178B	$5.225B
Total Assets	$5.455B	$5.490B
YoY Change	-3.19%	-3.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$81.17M	$69.51M
YoY Change	-0.04%	0.78%
Accrued Expenses	$4.401M	$4.512M
YoY Change	-8.31%	-8.72%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$91.39M	$78.78M
YoY Change	-0.56%	-0.36%
LONG-TERM LIABILITIES
Long-Term Debt	$4.305B	$4.307B
YoY Change	0.03%	0.12%
Other Long-Term Liabilities	$15.80M	$16.69M
YoY Change	-23.33%	-18.38%
Total Long-Term Liabilities	$4.321B	$4.323B
YoY Change	-0.08%	0.04%
TOTAL LIABILITIES
Total Short-Term Liabilities	$91.39M	$78.78M
Total Long-Term Liabilities	$4.321B	$4.323B
Total Liabilities	$4.412B	$4.402B
YoY Change	-0.09%	-10.49%
SHAREHOLDERS EQUITY
Retained Earnings	-$62.37M	-$37.38M
YoY Change	-254.25%	-156.17%
Common Stock	$1.018B	$1.018B
YoY Change	0.17%	0.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$585.9M	$618.3M
YoY Change
Total Liabilities & Shareholders Equity	$5.455B	$5.490B
YoY Change	-3.19%	-3.04%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$24.99M	-$23.18M
YoY Change	-4.3%	-10.27%
Depreciation, Depletion And Amortization	$41.95M	$42.30M
YoY Change	-2.44%	-4.15%
Cash From Operating Activities	-$35.14M	$10.85M
YoY Change	-1103.97%	14.64%
INVESTING ACTIVITIES
Capital Expenditures	$2.536M	$1.474M
YoY Change	-59.75%	-58.09%
Acquisitions
YoY Change
Other Investing Activities	$44.11M	$17.89M
YoY Change	116.23%	56.0%
Cash From Investing Activities	$41.58M	$16.42M
YoY Change	196.96%	106.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-5.625M	-5.176M
YoY Change	4.17%	-110.83%
NET CHANGE
Cash From Operating Activities	-35.14M	10.85M
Cash From Investing Activities	41.58M	16.42M
Cash From Financing Activities	-5.625M	-5.176M
Net Change In Cash	811.0K	22.09M
YoY Change	-93.3%	-66.12%
FREE CASH FLOW
Cash From Operating Activities	-$35.14M	$10.85M
Capital Expenditures	$2.536M	$1.474M
Free Cash Flow	-$37.67M	$9.376M
YoY Change	1245.54%	57.66%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Straight Line Rent StraightLineRent	7117000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-12290000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1980000	usd
CY2024Q2	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	117451000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	219975000	usd
CY2024Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	112419000	usd
CY2024Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	100750000	usd
CY2024Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	118173000	usd
CY2024Q2	us-gaap	Other Assets OtherAssets	62772000	usd
CY2024Q2	us-gaap	Assets Assets	5489822000	usd
CY2024Q2	us-gaap	Notes Payable NotesPayable	4306586000	usd
CY2024Q2	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	16692000	usd
CY2024Q2	us-gaap	Liabilities Liabilities	4402055000	usd
CY2024Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	65843387	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	660000	usd
CY2024Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1016980000	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-37382000	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	5235000	usd
CY2024Q2	us-gaap	Cumulative Dividends CumulativeDividends	367165000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	618328000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1087767000	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5489822000	usd
CY2024Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	110621000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	146150000	usd
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	65992509	shares
CY2024Q2	us-gaap	Minority Interest MinorityInterest	469439000	usd
CY2024Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	15149000	usd
CY2024Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	9207000	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	43421000	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7939000	usd
CY2024Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q2	us-gaap	Costs And Expenses CostsAndExpenses	75716000	usd
CY2024Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	2935000	usd
CY2024Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	73631000	usd
CY2024Q2	ilpt	Gain Loss On Sale Of Properties Including Other GainLossOnSaleOfPropertiesIncludingOther	0	usd
CY2024Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-35791000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	36000	usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2348000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-33479000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-10304000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-23175000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-1510000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest	468000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1978000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-25153000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65626000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	65626000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65339000	shares
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.35
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.40
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.71
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.71
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1161779000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-33902000	usd
CY2024Q1	ilpt	Stock Issued During Period Value Grants Repurchases And Forfeitures StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures	290000	usd
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	658000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4846000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	163000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1122500000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	-33479000	usd
CY2024Q2	ilpt	Stock Issued During Period Value Grants Repurchases And Forfeitures StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures	915000	usd
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	659000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1510000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1087767000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1330771000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-35546000	usd
CY2023Q1	ilpt	Stock Issued During Period Value Grants Repurchases And Forfeitures StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures	384000	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	656000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-8778000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1286175000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-36580000	usd
CY2023Q2	ilpt	Stock Issued During Period Value Grants Repurchases And Forfeitures StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures	554000	usd
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	656000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	12021000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	225000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1261289000	usd
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-67381000	usd
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-72126000	usd
	us-gaap	Depreciation Depreciation	63111000	usd
	us-gaap	Depreciation Depreciation	62464000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	9748000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	13434000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	21704000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	26308000	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	1458000	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	1101000	usd
	us-gaap	Straight Line Rent StraightLineRent	6441000	usd
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-974000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	254000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-359000	usd
	ilpt	Proceeds From Derivative Instruments Investing Activities ProceedsFromDerivativeInstrumentsInvestingActivities	34429000	usd
	ilpt	Proceeds From Derivative Instruments Investing Activities ProceedsFromDerivativeInstrumentsInvestingActivities	24445000	usd
	ilpt	General And Administrative Expenses Paid In Common Shares GeneralAndAdministrativeExpensesPaidInCommonShares	1263000	usd
	ilpt	General And Administrative Expenses Paid In Common Shares GeneralAndAdministrativeExpensesPaidInCommonShares	954000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-19473000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1980000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4071000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6704000	usd
	us-gaap	Increase Decrease In Leasing Receivables IncreaseDecreaseInLeasingReceivables	-7438000	usd
	us-gaap	Increase Decrease In Leasing Receivables IncreaseDecreaseInLeasingReceivables	-3065000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-3701000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1862000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	1495000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-627000	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-210000	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	329000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	18839000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	10631000	usd
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	3606000	usd
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	7301000	usd
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	26175000	usd
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	0	usd
	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	34429000	usd
	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	24445000	usd
	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	0	usd
	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	243000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	4648000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	17387000	usd
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	usd
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	91000000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	8974000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	46607000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	129000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1271000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	1317000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	1312000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	58000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	15000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	163000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	225000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-10641000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	41570000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	12846000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	69588000	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
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	258569000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	210368000	usd
	us-gaap	Interest Paid Net InterestPaidNet	118509000	usd
	us-gaap	Interest Paid Net InterestPaidNet	142095000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-80000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	545000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1509000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	4950000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	146150000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	71695000	usd
CY2024Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	112419000	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	138673000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	258569000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	210368000	usd
	us-gaap	Use Of Estimates UseOfEstimates	The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in the condensed consolidated financial statements include purchase price allocations, useful lives of fixed assets and assessment of impairment of real estate and related intangibles.
CY2024Q2	ilpt	Number Of Real Estate Properties Owned NumberOfRealEstatePropertiesOwned	411	property
CY2024Q2	us-gaap	Net Rentable Area NetRentableArea	59893000	sqft
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2024Q2	ilpt	Schedule Of Capital Expenses Incurred ScheduleOfCapitalExpensesIncurred	2832000	usd
CY2023Q2	ilpt	Schedule Of Capital Expenses Incurred ScheduleOfCapitalExpensesIncurred	7651000	usd
	ilpt	Schedule Of Capital Expenses Incurred ScheduleOfCapitalExpensesIncurred	6205000	usd
	ilpt	Schedule Of Capital Expenses Incurred ScheduleOfCapitalExpensesIncurred	12582000	usd
	ilpt	Operating Leases Committed Expenditures On Leases Executed In Period OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod	4348000	usd
CY2024Q2	ilpt	Net Rentable Area New Tenant Improvements NetRentableAreaNewTenantImprovements	2609000	sqft
CY2024Q2	ilpt	Operating Leases Committed Expenditureson Leases Executedin Period Committedbut Unspent Tenant Related Obligations OperatingLeasesCommittedExpendituresonLeasesExecutedinPeriodCommittedbutUnspentTenantRelatedObligations	5646000	usd
CY2024Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	19067000	usd
CY2023Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	18291000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	40242000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	39390000	usd
CY2024Q2	us-gaap	Number Of Properties Subject To Ground Leases NumberOfPropertiesSubjectToGroundLeases	3	property
	ilpt	Lessee Operating Lease Number Of Properties LesseeOperatingLeaseNumberOfProperties	1	property
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4421000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	4512000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4646000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	4730000	usd
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	4316970000	usd
CY2024Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0535
CY2024Q2	ilpt	Aggregate Net Book Value Of Real Estate Properties Collateralized AggregateNetBookValueOfRealEstatePropertiesCollateralized	4676677000	usd
CY2024Q2	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	10384000	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	4306586000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	1244140000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	1418794000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	19495000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	20229000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	20989000	usd
CY2024Q2	ilpt	Long Term Debt Maturities Repayments Of Principal After Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour	1593323000	usd
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	4316970000	usd
CY2024Q2	ilpt	Number Of Trustees NumberOfTrustees	7	trustee
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.01
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	658000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.01
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	659000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.02
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1317000	usd
CY2024Q2	dei	Entity Number Of Employees EntityNumberOfEmployees	0	employee
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	3926000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	20025000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	8600000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	16249000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	5436000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	8004000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	14956000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	13006000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-1510000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	12021000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-6356000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	3243000	usd

Files In Submission

Name	View Source	Status
0001717307-24-000030-index-headers.html	Edgar Link	pending
0001717307-24-000030-index.html	Edgar Link	pending
0001717307-24-000030.txt	Edgar Link	pending
0001717307-24-000030-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ilpt-20240630.htm	Edgar Link	pending
ilpt-20240630.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
ilpt-20240630_cal.xml	Edgar Link	unprocessable
ilpt-20240630_def.xml	Edgar Link	unprocessable
ilpt_06302024xexhibitx311.htm	Edgar Link	pending
ilpt_06302024xexhibitx312.htm	Edgar Link	pending
ilpt_06302024xexhibitx313.htm	Edgar Link	pending
ilpt_06302024xexhibitx314.htm	Edgar Link	pending
ilpt_06302024xexhibitx321.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
ilpt-20240630_htm.xml	Edgar Link	completed
ilpt-20240630_lab.xml	Edgar Link	unprocessable
ilpt-20240630_pre.xml	Edgar Link	unprocessable

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$ILPT
Industrial Logistics Properties Trust Stock $ilpt

2024 Q3 Form 10-Q Financial Statement

#000171730724000030 Filed on July 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ILPT Industrial Logistics Properties Trust Stock $ilpt

2024 Q3 Form 10-Q Financial Statement

#000171730724000030 Filed on July 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ILPT
Industrial Logistics Properties Trust Stock $ilpt