2021 Q3 Form 10-Q Financial Statement
#000164587321000219 Filed on November 15, 2021
Income Statement
Concept | 2021 Q3 | 2020 Q3 |
---|---|---|
Revenue | $10.31M | $9.557M |
YoY Change | 7.85% | 56.01% |
Cost Of Revenue | $1.658M | $1.680M |
YoY Change | -1.28% | |
Gross Profit | $8.649M | $7.880M |
YoY Change | 9.76% | |
Gross Profit Margin | 83.91% | 82.45% |
Selling, General & Admin | $3.674M | $2.520M |
YoY Change | 45.8% | |
% of Gross Profit | 42.48% | 31.98% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $3.814M | $4.300M |
YoY Change | -11.29% | |
% of Gross Profit | 44.1% | 54.57% |
Operating Expenses | $3.246M | $6.850M |
YoY Change | -52.61% | -5.21% |
Operating Profit | $3.572M | $18.42K |
YoY Change | 19290.78% | -101.83% |
Interest Expense | $1.832M | $2.733M |
YoY Change | -32.97% | 57.15% |
% of Operating Profit | 51.28% | 14834.57% |
Other Income/Expense, Net | $76.67K | -$1.083M |
YoY Change | -107.08% | -1396.28% |
Pretax Income | $3.648M | -$1.060M |
YoY Change | -444.19% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $3.648M | -$1.064M |
YoY Change | -442.87% | 15.59% |
Net Earnings / Revenue | 35.4% | -11.13% |
Basic Earnings Per Share | $0.47 | -$0.13 |
Diluted Earnings Per Share | $0.40 | -$0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 7.532M shares | 8.075M shares |
Diluted Shares Outstanding | 8.751M shares | 8.075M shares |
Balance Sheet
Concept | 2021 Q3 | 2020 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $52.30M | $8.700M |
YoY Change | 501.15% | |
Cash & Equivalents | $52.30M | $8.745M |
Short-Term Investments | ||
Other Short-Term Assets | $4.779M | $2.300M |
YoY Change | 107.78% | |
Inventory | ||
Prepaid Expenses | $4.779M | $2.318M |
Receivables | $9.314M | $7.000M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $66.39M | $18.00M |
YoY Change | 268.85% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $329.7M | $346.4M |
YoY Change | -4.82% | |
Goodwill | $17.32M | $17.32M |
YoY Change | 0.0% | |
Intangibles | $3.926M | $5.588M |
YoY Change | -29.74% | |
Long-Term Investments | $9.977M | $10.10M |
YoY Change | -1.22% | -26.42% |
Other Assets | $2.411M | $24.20M |
YoY Change | -90.04% | |
Total Long-Term Assets | $364.0M | $404.5M |
YoY Change | -10.0% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $66.39M | $18.00M |
Total Long-Term Assets | $364.0M | $404.5M |
Total Assets | $430.4M | $422.5M |
YoY Change | 1.88% | 66.8% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.215M | $500.0K |
YoY Change | 142.97% | |
Accrued Expenses | $5.779M | $6.700M |
YoY Change | -13.75% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $6.000M |
YoY Change | -100.0% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $11.26M | $15.30M |
YoY Change | -26.39% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $180.9M | $194.2M |
YoY Change | -6.84% | |
Other Long-Term Liabilities | $12.54M | $19.20M |
YoY Change | -34.69% | |
Total Long-Term Liabilities | $193.5M | $213.4M |
YoY Change | -9.35% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $11.26M | $15.30M |
Total Long-Term Liabilities | $193.5M | $213.4M |
Total Liabilities | $204.7M | $228.7M |
YoY Change | -10.5% | 83.4% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$96.36M | -$92.86M |
YoY Change | 3.77% | 244.96% |
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $174.4M | $134.9M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $430.4M | $422.5M |
YoY Change | 1.88% | 66.8% |
Cashflow Statement
Concept | 2021 Q3 | 2020 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $3.648M | -$1.064M |
YoY Change | -442.87% | 15.59% |
Depreciation, Depletion And Amortization | $3.814M | $4.300M |
YoY Change | -11.29% | |
Cash From Operating Activities | $3.229M | $430.0K |
YoY Change | 651.01% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$3.950M | -$1.530M |
YoY Change | 158.16% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $9.619M | $15.36M |
YoY Change | -37.38% | |
Cash From Investing Activities | $5.669M | $16.90M |
YoY Change | -66.46% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 35.44M | -12.40M |
YoY Change | -385.79% | |
NET CHANGE | ||
Cash From Operating Activities | 3.229M | 430.0K |
Cash From Investing Activities | 5.669M | 16.90M |
Cash From Financing Activities | 35.44M | -12.40M |
Net Change In Cash | 44.34M | 4.930M |
YoY Change | 799.32% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $3.229M | $430.0K |
Capital Expenditures | -$3.950M | -$1.530M |
Free Cash Flow | $7.179M | $1.960M |
YoY Change | 266.29% |
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|
1693642 | USD |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
4532413 | USD | |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
1693642 | USD | |
CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3571782 | USD |
CY2020Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
18420 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
981889 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-51161154 | USD | |
CY2021Q3 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
0 | USD |
CY2020Q3 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
-1175192 | USD |
us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
0 | USD | |
us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
-1175192 | USD | |
CY2021Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1270 | USD |
CY2020Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
51 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1370 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4873 | USD | |
CY2021Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
75403 | USD |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
92617 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
222705 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
239028 | USD | |
CY2021Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2020Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
517000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD | |
CY2021Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
CY2020Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
20000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-4855 | USD | |
CY2021Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
76673 | USD |
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1082524 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
761075 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-936146 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3648455 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1064104 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1742964 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-52097300 | USD | |
CY2021Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
143403 | USD |
CY2020Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
143403 | USD | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
3505052 | USD |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3505052 | USD |
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-1064104 | USD |
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1064104 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1599561 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1599561 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-52097300 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-52097300 | USD | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.47 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.21 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.50 | ||
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.50 | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7531559 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8075070 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7575013 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8019742 | shares | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8750875 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8075070 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8763112 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8019742 | shares | |
CY2021Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2625 | |
CY2020Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.4080 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.7875 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.9330 | ||
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
168041287 | USD |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
95000 | USD |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
648609 | USD |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
136282 | USD |
CY2021Q3 | cik0001645873 |
Adjustments To Additional Paid In Capital Decrease In Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalDecreaseInRedeemableCommonStock
|
-9316023 | USD |
CY2021Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
3834609 | USD |
CY2021Q3 | us-gaap |
Dividends
Dividends
|
1981725 | USD |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3505052 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
224973593 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
189662529 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
183750 | USD |
CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
88784 | USD |
CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
158826 | USD |
CY2020Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
3166349 | USD |
CY2020Q3 | us-gaap |
Dividends
Dividends
|
2135815 | USD |
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1064104 | USD |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
13154123 | USD | |
cik0001645873 |
Adjustments To Additional Paid In Capital Decrease In Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalDecreaseInRedeemableCommonStock
|
-8247216 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
16881466 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
981748 | USD | |
cik0001645873 |
Adjustments To Additional Paid In Capital Decrease In Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalDecreaseInRedeemableCommonStock
|
-4393863 | USD | |
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
185511657 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
182886668 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
296250 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1840341 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
946914 | USD | |
us-gaap |
Dividends
Dividends
|
5949912 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1599561 | USD | |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
224973593 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
240172562 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
313334 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
266350 | USD | |
us-gaap |
Dividends
Dividends
|
9595208 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-52097300 | USD | |
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
185511657 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1742964 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-52097300 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
11817529 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
13420256 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2115341 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
522183 | USD | |
us-gaap |
Straight Line Rent
StraightLineRent
|
950694 | USD | |
us-gaap |
Straight Line Rent
StraightLineRent
|
1027863 | USD | |
us-gaap |
Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
|
192235 | USD | |
us-gaap |
Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
|
45903 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
207086 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
796810 | USD | |
cik0001645873 |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
97367 | USD | |
cik0001645873 |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
134412 | USD | |
us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
1099723 | USD | |
us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
1157951 | USD | |
cik0001645873 |
Impairment Reversal Of Real Estate Properties
ImpairmentReversalOfRealEstateProperties
|
-400999 | USD | |
cik0001645873 |
Impairment Reversal Of Real Estate Properties
ImpairmentReversalOfRealEstateProperties
|
9506525 | USD | |
us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | USD | |
us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
34572403 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
517000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD | |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
4532413 | USD | |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
1693642 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
684057 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-1019840 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
222705 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
239028 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
247929 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
542140 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-613626 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
563259 | USD | |
us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
1283162 | USD | |
us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
0 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
667634 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
513161 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-363007 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1173784 | USD | |
us-gaap |
Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
|
0 | USD | |
us-gaap |
Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
|
-628488 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6312683 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3813564 | USD | |
us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
3644221 | USD | |
us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
0 | USD | |
cik0001645873 |
Payments To Acquire Additional Real Estate Investments
PaymentsToAcquireAdditionalRealEstateInvestments
|
531382 | USD | |
cik0001645873 |
Payments To Acquire Additional Real Estate Investments
PaymentsToAcquireAdditionalRealEstateInvestments
|
600291 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
195750 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
566102 | USD | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
1824383 | USD | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
22840026 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
15364073 | USD | |
cik0001645873 |
Payments To Acquire Lease Incentives
PaymentsToAcquireLeaseIncentives
|
0 | USD | |
cik0001645873 |
Payments To Acquire Lease Incentives
PaymentsToAcquireLeaseIncentives
|
990000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
20293056 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
13207680 | USD | |
us-gaap |
Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
|
6000000 | USD | |
us-gaap |
Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
|
4260000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
12000000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
6000000 | USD | |
us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
25436000 | USD | |
us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
35705500 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
29434396 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
36421500 | USD | |
us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
0 | USD | |
us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
527000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-14947468 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
46333357 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
4800000 | USD | |
us-gaap |
Proceeds From Deposits With Other Institutions
ProceedsFromDepositsWithOtherInstitutions
|
18804 | USD | |
us-gaap |
Proceeds From Deposits With Other Institutions
ProceedsFromDepositsWithOtherInstitutions
|
0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
381076 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
389662 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
47570374 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2911744 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10378762 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
946914 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
981748 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
16881466 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
13154123 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2565452 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
4071697 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
19727618 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2073776 | USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8377530 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6936930 | USD |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
54710887 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9010706 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
6116202 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
6930329 | USD | |
us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
8247216 | USD | |
us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
4393863 | USD | |
cik0001645873 |
Reinvested Distribution To Investment In Rich Uncles Reit I
ReinvestedDistributionToInvestmentInRichUnclesReitI
|
3399731 | USD | |
cik0001645873 |
Reinvested Distribution To Investment In Rich Uncles Reit I
ReinvestedDistributionToInvestmentInRichUnclesReitI
|
5815165 | USD | |
cik0001645873 |
Increase Decrease In Share Redemptions Payable
IncreaseDecreaseInShareRedemptionsPayable
|
-1631648 | USD | |
cik0001645873 |
Increase Decrease In Share Redemptions Payable
IncreaseDecreaseInShareRedemptionsPayable
|
-1393275 | USD | |
cik0001645873 |
Additions To Deferred Rent Receivables
AdditionsToDeferredRentReceivables
|
683605 | USD | |
cik0001645873 |
Additions To Deferred Rent Receivables
AdditionsToDeferredRentReceivables
|
0 | USD | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
-2128538 | USD | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
0 | USD | |
cik0001645873 |
Non Cash Or Part Non Cash Transactions Accrued Distributions
NonCashOrPartNonCashTransactionsAccruedDistributions
|
123521 | USD | |
cik0001645873 |
Non Cash Or Part Non Cash Transactions Accrued Distributions
NonCashOrPartNonCashTransactionsAccruedDistributions
|
291654 | USD | |
us-gaap |
Contribution Of Property
ContributionOfProperty
|
24585739 | USD | |
us-gaap |
Contribution Of Property
ContributionOfProperty
|
23033118 | USD | |
cik0001645873 |
Assets Related To Property Sales
AssetsRelatedToPropertySales
|
1079361 | USD | |
cik0001645873 |
Assets Related To Property Sales
AssetsRelatedToPropertySales
|
864008 | USD | |
cik0001645873 |
Above Market Lease Period Increase Decrease
AboveMarketLeasePeriodIncreaseDecrease
|
-50549 | USD | |
cik0001645873 |
Above Market Lease Period Increase Decrease
AboveMarketLeasePeriodIncreaseDecrease
|
198517 | USD | |
us-gaap |
Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
|
9088438 | USD | |
us-gaap |
Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
|
14671370 | USD | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
801337 | USD | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
3934795 | USD | |
us-gaap |
Below Market Lease Period Increase Decrease
BelowMarketLeasePeriodIncreaseDecrease
|
325734 | USD | |
us-gaap |
Below Market Lease Period Increase Decrease
BelowMarketLeasePeriodIncreaseDecrease
|
73505 | USD | |
us-gaap |
Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
14166 | USD | |
us-gaap |
Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
0 | USD | |
CY2021Q3 | cik0001645873 |
Authority To Issue Of Common Stock
AuthorityToIssueOfCommonStock
|
450000000 | shares |
CY2021Q3 | cik0001645873 |
Number Of Rentable Square Feet
NumberOfRentableSquareFeet
|
2200000 | sqft |
CY2021Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
38 | property |
CY2021Q1 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
23.03 | |
CY2021Q2 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
24.61 | |
CY2021Q3 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
26.05 | |
CY2021Q3 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
26.05 | |
CY2021Q3 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
26.05 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the unaudited condensed consolidated financial statements and the accompanying notes thereto in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements and accompanying notes. These estimates are based on historical experience and, in some cases, assumptions based on current and future market experience, including considerations related to the COVID-19 pandemic (see </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Notes 3</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">5 </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for impairment charges related primarily to COVID-19). Actual results may differ from those estimates.</span></div> | ||
CY2021Q3 | cik0001645873 |
Revenue Recognition From Tenant Reimbursement
RevenueRecognitionFromTenantReimbursement
|
1640835 | USD |
CY2020Q3 | cik0001645873 |
Revenue Recognition From Tenant Reimbursement
RevenueRecognitionFromTenantReimbursement
|
1622218 | USD |
cik0001645873 |
Revenue Recognition From Tenant Reimbursement
RevenueRecognitionFromTenantReimbursement
|
5036196 | USD | |
cik0001645873 |
Revenue Recognition From Tenant Reimbursement
RevenueRecognitionFromTenantReimbursement
|
5521723 | USD | |
CY2021Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
9506525 | USD | |
cik0001645873 |
Number Of Impaired Real Estate Properties
NumberOfImpairedRealEstateProperties
|
4 | property | |
CY2020Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
CY2021Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1219316 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1188099 | shares | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | ||
CY2021Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
2410951 | USD |
CY2020Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
129118 | USD |
CY2021Q3 | cik0001645873 |
Tenant Reimbursement
TenantReimbursement
|
189136 | USD |
CY2020Q4 | cik0001645873 |
Tenant Reimbursement
TenantReimbursement
|
60598 | USD |
CY2020Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
32086 | USD |
CY2020Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
9157068 | USD |
CY2021Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
38 | property |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year balance sheet accounts have been reclassified to conform with the current year presentation. The reclassification did not affect net income in the prior year unaudited condensed consolidated statement of operations.</span></div> | ||
CY2021Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
14 | state |
CY2021Q3 | cik0001645873 |
Land Building And Improvements
LandBuildingAndImprovements
|
347624896 | USD |
CY2021Q3 | us-gaap |
Tenant Improvements
TenantImprovements
|
23784332 | USD |
CY2021Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
41720011 | USD |
CY2021Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
329689217 | USD |
CY2020Q1 | cik0001645873 |
Number Of Impaired Real Estate Properties Vacant
NumberOfImpairedRealEstatePropertiesVacant
|
2 | property |
CY2020Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
9157068 | USD |
CY2020Q2 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
349457 | USD |
CY2020Q1 | cik0001645873 |
Impairment Of Real Estate Percentage
ImpairmentOfRealEstatePercentage
|
0.022 | |
CY2020Q4 | cik0001645873 |
Tenant Reimbursement
TenantReimbursement
|
60598 | USD |
CY2020Q2 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
349457 | USD |
CY2020Q3 | cik0001645873 |
Impairment Of Real Estate Percentage
ImpairmentOfRealEstatePercentage
|
0.001 | |
CY2021Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
9506525 | USD | |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
4532413 | USD | |
CY2021Q3 | us-gaap |
Nontrade Receivables
NontradeReceivables
|
1966767 | USD |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
6687205 | USD |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
26946631 | USD |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
179536418 | USD |
cik0001645873 |
Number Of Real Estate Properties Identified As Held For Sale During Period
NumberOfRealEstatePropertiesIdentifiedAsHeldForSaleDuringPeriod
|
9 | property | |
CY2020Q4 | cik0001645873 |
Number Of Real Estate Properties Held For Investment
NumberOfRealEstatePropertiesHeldForInvestment
|
2 | lease |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
25024065 | USD |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
24593849 | USD |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
21424993 | USD |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
14552340 | USD |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
60307335 | USD |
us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P9Y3M18D | ||
cik0001645873 |
Number Of Real Estate Properties Identified As Held For Sale During Period
NumberOfRealEstatePropertiesIdentifiedAsHeldForSaleDuringPeriod
|
9 | property | |
cik0001645873 |
Number Of Real Estate Properties Sold
NumberOfRealEstatePropertiesSold
|
5 | lease | |
CY2021Q3 | cik0001645873 |
Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
|
0 | lease |
CY2020Q4 | cik0001645873 |
Number Of Real Estate Properties Held For Investment
NumberOfRealEstatePropertiesHeldForInvestment
|
2 | lease |
CY2020Q3 | cik0001645873 |
Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
|
3 | lease |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
17320857 | USD |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
50588000 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
CY2020 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
33267143 | USD |
CY2021Q3 | us-gaap |
Goodwill
Goodwill
|
17320857 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
17320857 | USD |
cik0001645873 |
Decrease In Fair Value Of Real Estate Investment Property Percentage
DecreaseInFairValueOfRealEstateInvestmentPropertyPercentage
|
0.14 | ||
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
33267143 | USD | |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
7156592 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6960842 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3230583 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1833054 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3926009 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
5127788 | USD |
CY2021Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
471790 | USD |
CY2020Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
446921 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1397529 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1372910 | USD | |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
476456 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1905826 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
815228 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
728499 | USD |
CY2021Q3 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
3575331 | USD |
CY2021Q3 | cik0001645873 |
Straight Line Rents
StraightLineRents
|
5399340 | USD |
CY2020Q4 | cik0001645873 |
Straight Line Rents
StraightLineRents
|
4344388 | USD |
CY2021Q3 | cik0001645873 |
Tenant Rent
TenantRent
|
98363 | USD |
CY2020Q4 | cik0001645873 |
Tenant Rent
TenantRent
|
204775 | USD |
CY2021Q3 | cik0001645873 |
Tenant Recoveries
TenantRecoveries
|
1849245 | USD |
CY2020Q4 | cik0001645873 |
Tenant Recoveries
TenantRecoveries
|
2116627 | USD |
CY2021Q3 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
7346948 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
6665790 | USD |
CY2021Q3 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
1214828 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
1136954 | USD |
CY2020Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
3068714 | USD |
CY2021Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
786120 | USD |
CY2020Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
706106 | USD |
CY2021Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
611507 | USD |
CY2020Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
629628 | USD |
CY2021Q3 | us-gaap |
Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
|
1591992 | USD |
CY2020Q4 | us-gaap |
Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
|
2033065 | USD |
CY2021Q3 | cik0001645873 |
Deferred Tenant Reimbursement
DeferredTenantReimbursement
|
2133695 | USD |
CY2020Q4 | cik0001645873 |
Deferred Tenant Reimbursement
DeferredTenantReimbursement
|
5157 | USD |
CY2021Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
9913473 | USD |
CY2020Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
7579624 | USD |
cik0001645873 |
Loans To Assets Ratio
LoansToAssetsRatio
|
0.60 | ||
cik0001645873 |
Loans To Assets Ratio
LoansToAssetsRatio
|
0.60 | ||
cik0001645873 |
Loans To Assets Ratio
LoansToAssetsRatio
|
0.60 | ||
CY2021Q3 | cik0001645873 |
Carrying Value Of Mortgage Loan
CarryingValueOfMortgageLoan
|
180914339 | USD |
CY2021Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
183304467 | USD |
CY2020Q4 | cik0001645873 |
Carrying Value Of Mortgage Loan
CarryingValueOfMortgageLoan
|
175925918 | USD |
CY2020Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
177573106 | USD |
CY2020Q4 | cik0001645873 |
Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
|
2 | property |
CY2021Q3 | cik0001645873 |
Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
|
0 | property |
CY2021Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2020Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
6000000 | USD |
CY2021Q3 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
|
0 | USD |
CY2020Q4 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
|
21724 | USD |
CY2021Q3 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
0 | USD |
CY2020Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
5978276 | USD |
CY2021Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
504 | USD |
CY2021Q3 | cik0001645873 |
Debt Instrument Covenant Leverage Ratio Maximum
DebtInstrumentCovenantLeverageRatioMaximum
|
0.55 | |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
5578530 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
11173350 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
22204003 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
31565888 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
28970170 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
26484067 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
56170889 | USD |
CY2021Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
182146897 | USD |
CY2021Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
-239979 | USD |
CY2021Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
1472537 | USD |
CY2021Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
180914339 | USD |
CY2020Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
12998 | USD |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
49622 | USD | |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
78226 | USD | |
CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
1831545 | USD |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
2732528 | USD |
us-gaap |
Interest Expense
InterestExpense
|
5711330 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
9196061 | USD | |
CY2021Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
166338 | USD |
CY2020Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
272912 | USD |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
684057 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-1019840 | USD | |
CY2021Q3 | cik0001645873 |
Liabilities Accrued Interest Payable Receivable
LiabilitiesAccruedInterestPayableReceivable
|
54980 | USD |
CY2020Q4 | cik0001645873 |
Liabilities Accrued Interest Payable Receivable
LiabilitiesAccruedInterestPayableReceivable
|
45636 | USD |
CY2021Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
166338 | USD |
CY2020Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
272912 | USD |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
684057 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-1019840 | USD | |
CY2021Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2021Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
2000000 | shares |
CY2020Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
31250 | USD |
CY2021Q3 | cik0001645873 |
Tenant Reimbursement
TenantReimbursement
|
189136 | USD |
CY2019Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
30.48 | |
CY2021Q3 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
26.05 |