$MDV
MODIV INDUSTRIAL, INC. Stock $mdv

$mdv Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000164587322000212 Filed on August 11, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2021 Q4
Revenue	$10.21M	$10.39M	$7.701M
YoY Change	-0.92%	13.31%	-11.99%
Cost Of Revenue	$2.064M	$1.966M	$1.581M
YoY Change	24.45%	15.78%	3.99%
Gross Profit	$8.149M	$8.428M	$6.121M
YoY Change	-5.79%	12.75%	-15.35%
Gross Profit Margin	79.79%	81.09%	79.48%
Selling, General & Admin	$2.388M	$2.295M	$2.816M
YoY Change	-35.02%	-20.2%	-4.54%
% of Gross Profit	29.3%	27.23%	46.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.599M	$3.683M	$3.449M
YoY Change	-5.66%	-7.43%	-17.28%
% of Gross Profit	44.16%	43.69%	56.36%
Operating Expenses	$6.041M	$6.077M	$3.035M
YoY Change	86.09%	-11.45%	-27.22%
Operating Profit	$4.319M	$2.256M	$3.086M
YoY Change	20.91%	-297.39%	0.84%
Interest Expense	$2.515M	$1.197M	-$1.761M
YoY Change	37.31%	-42.96%	-13.68%
% of Operating Profit	58.23%	53.08%	-57.07%
Other Income/Expense, Net	$132.0K	$134.8K	$264.0K
YoY Change	72.18%	-4.33%	-17.51%
Pretax Income	$4.451M	$2.390M	-$2.178M
YoY Change	21.99%	-338.59%	-173.6%
Income Tax
% Of Pretax Income
Net Earnings	$3.922M	$2.171M	-$2.178M
YoY Change	7.5%	-316.71%	-173.6%
Net Earnings / Revenue	38.41%	20.89%	-28.29%
Basic Earnings Per Share	$0.40	$0.17
Diluted Earnings Per Share	$0.35	$0.14	-$288.0K
COMMON SHARES
Basic Shares Outstanding	7.457M shares	7.479M shares
Diluted Shares Outstanding	10.18M shares	10.22M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.727M	$11.71M	$55.97M
YoY Change	-89.05%	48.81%	582.51%
Cash & Equivalents	$5.727M	$11.71M	$55.97M
Short-Term Investments
Other Short-Term Assets	$6.387M	$6.767M	$6.379M
YoY Change	33.65%	50.15%	189.96%
Inventory
Prepaid Expenses	$6.387M	$6.767M	$5.856M
Receivables	$8.434M	$9.506M	$7.834M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$20.55M	$27.98M	$70.18M
YoY Change	-69.05%	43.27%	271.31%
LONG-TERM ASSETS
Property, Plant & Equipment	$425.4M	$417.1M	$295.6M
YoY Change	29.02%	26.75%	-10.28%
Goodwill	$0.00	$0.00	$17.32M
YoY Change	-100.0%	-100.0%	0.0%
Intangibles			$0.00
YoY Change			-100.0%
Long-Term Investments	$9.989M	$9.957M	$9.941M
YoY Change	0.11%	-0.31%	-0.61%
Other Assets	$0.00	$0.00	$34.74M
YoY Change	-100.0%	-100.0%	34.66%
Total Long-Term Assets	$442.1M	$428.3M	$358.3M
YoY Change	21.44%	15.75%	-7.78%
TOTAL ASSETS
Total Short-Term Assets	$20.55M	$27.98M	$70.18M
Total Long-Term Assets	$442.1M	$428.3M	$358.3M
Total Assets	$462.6M	$456.3M	$428.5M
YoY Change	7.48%	17.13%	5.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$797.0K	$1.195M	$1.768M
YoY Change	-34.39%	199.59%	60.7%
Accrued Expenses	$6.488M	$5.643M	$6.148M
YoY Change	12.27%	18.27%	7.86%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$8.022M
YoY Change		-100.0%	33.7%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$9.658M	$8.734M	$19.87M
YoY Change	-14.24%	-26.26%	20.41%
LONG-TERM LIABILITIES
Long-Term Debt	$200.2M	$200.2M	$173.9M
YoY Change	10.67%	7.68%	-6.24%
Other Long-Term Liabilities	$9.910M	$10.18M	$12.27M
YoY Change	-20.97%	-23.48%	-18.71%
Total Long-Term Liabilities	$210.1M	$210.4M	$186.2M
YoY Change	8.62%	5.6%	-7.18%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.658M	$8.734M	$19.87M
Total Long-Term Liabilities	$210.1M	$210.4M	$186.2M
Total Liabilities	$219.8M	$219.1M	$206.1M
YoY Change	7.36%	3.81%	-5.13%
SHAREHOLDERS EQUITY
Retained Earnings	-$115.6M	-$116.5M	-$101.6M
YoY Change	20.0%	19.01%	10.45%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$3.254M	$0.00
YoY Change
Treasury Stock Shares		187.4K shares	0.000 shares
Shareholders Equity	$161.1M	$156.2M	$171.8M
YoY Change
Total Liabilities & Shareholders Equity	$462.6M	$456.3M	$428.5M
YoY Change	7.48%	17.13%	5.16%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2021 Q4
OPERATING ACTIVITIES
Net Income	$3.922M	$2.171M	-$2.178M
YoY Change	7.5%	-316.71%	-173.6%
Depreciation, Depletion And Amortization	$3.599M	$3.683M	$3.449M
YoY Change	-5.66%	-7.43%	-17.28%
Cash From Operating Activities	$4.250M	$6.160M	$3.416M
YoY Change	31.62%	106.62%	92.99%
INVESTING ACTIVITIES
Capital Expenditures	$29.76M	$55.77M	-$12.34M
YoY Change	-853.5%	-61348.97%	-17732.49%
Acquisitions
YoY Change
Other Investing Activities	$23.21M	$6.210M	$13.88M
YoY Change	141.34%	-1.81%	19.14%
Cash From Investing Activities	-$6.549M	-$49.56M	$1.537M
YoY Change	-215.53%	-895.14%	-86.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.680M	29.77M	-1.257M
YoY Change	-110.38%	-780.28%	-91.01%
NET CHANGE
Cash From Operating Activities	4.250M	6.160M	3.416M
Cash From Investing Activities	-6.549M	-49.56M	1.537M
Cash From Financing Activities	-3.680M	29.77M	-1.257M
Net Change In Cash	-5.979M	-13.64M	3.697M
YoY Change	-113.48%	-381.84%	-686.77%
FREE CASH FLOW
Cash From Operating Activities	$4.250M	$6.160M	$3.416M
Capital Expenditures	$29.76M	$55.77M	-$12.34M
Free Cash Flow	-$25.51M	-$49.61M	$15.76M
YoY Change	-455.36%	-1714.86%	826.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0001645873
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-40814
	dei	Entity Registrant Name EntityRegistrantName	MODIV INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-4156046
	dei	Entity Address Address Line1 EntityAddressAddressLine1	120 Newport Center Drive
	dei	Entity Address City Or Town EntityAddressCityOrTown	Newport Beach
	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	92660
	dei	City Area Code CityAreaCode	888
	dei	Local Phone Number LocalPhoneNumber	686-6348
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7456830	shares
CY2022Q2	us-gaap	Land Land	107569641	usd
CY2021Q4	us-gaap	Land Land	61005402	usd
CY2022Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	327472940	usd
CY2021Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	251246290	usd
CY2022Q2	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	4429000	usd
CY2021Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	0	usd
CY2022Q2	us-gaap	Tenant Improvements TenantImprovements	21384224	usd
CY2021Q4	us-gaap	Tenant Improvements TenantImprovements	21504210	usd
CY2022Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	460855805	usd
CY2021Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	333755902	usd
CY2022Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	43728520	usd
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	37611133	usd
CY2022Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	417127285	usd
CY2021Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	296144769	usd
CY2022Q2	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	9956517	usd
CY2021Q4	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	9941338	usd
CY2022Q2	us-gaap	Real Estate Investments RealEstateInvestments	427083802	usd
CY2021Q4	us-gaap	Real Estate Investments RealEstateInvestments	306086107	usd
CY2022Q2	cik0001645873	Disposal Group Including Discontinued Operation Real Estate Investment Property Net DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyNet	0	usd
CY2021Q4	cik0001645873	Disposal Group Including Discontinued Operation Real Estate Investment Property Net DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyNet	31510762	usd
CY2022Q2	cik0001645873	Real Estate Investments Net Including Disposal Group RealEstateInvestmentsNetIncludingDisposalGroup	427083802	usd
CY2021Q4	cik0001645873	Real Estate Investments Net Including Disposal Group RealEstateInvestmentsNetIncludingDisposalGroup	337596869	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11705449	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	55965550	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2441970	usd
CY2022Q2	us-gaap	Nontrade Receivables NontradeReceivables	1446767	usd
CY2021Q4	us-gaap	Nontrade Receivables NontradeReceivables	1836767	usd
CY2022Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	8059635	usd
CY2021Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	5996919	usd
CY2022Q2	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	626107	usd
CY2021Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	691019	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6766867	usd
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5856255	usd
CY2022Q2	us-gaap	Derivative Assets DerivativeAssets	589997	usd
CY2021Q4	us-gaap	Derivative Assets DerivativeAssets	0	usd
CY2022Q2	us-gaap	Disposal Group Including Discontinued Operation Other Assets DisposalGroupIncludingDiscontinuedOperationOtherAssets	0	usd
CY2021Q4	us-gaap	Disposal Group Including Discontinued Operation Other Assets DisposalGroupIncludingDiscontinuedOperationOtherAssets	788296	usd
CY2022Q2	us-gaap	Goodwill Goodwill	0	usd
CY2021Q4	us-gaap	Goodwill Goodwill	17320857	usd
CY2022Q2	us-gaap	Assets Assets	456278624	usd
CY2021Q4	us-gaap	Assets Assets	428494502	usd
CY2022Q2	us-gaap	Secured Debt SecuredDebt	44608815	usd
CY2021Q4	us-gaap	Secured Debt SecuredDebt	152223579	usd
CY2022Q2	cik0001645873	Disposal Group Including Discontinued Operation Secured Debt DisposalGroupIncludingDiscontinuedOperationSecuredDebt	0	usd
CY2021Q4	cik0001645873	Disposal Group Including Discontinued Operation Secured Debt DisposalGroupIncludingDiscontinuedOperationSecuredDebt	21699912	usd
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CY2021Q4	cik0001645873	Secured Debt Including Disposal Group SecuredDebtIncludingDisposalGroup	173923491	usd
CY2022Q2	us-gaap	Unsecured Debt UnsecuredDebt	6775000	usd
CY2021Q4	us-gaap	Unsecured Debt UnsecuredDebt	8022000	usd
CY2022Q2	us-gaap	Medium Term Notes MediumTermNotes	148850050	usd
CY2021Q4	us-gaap	Medium Term Notes MediumTermNotes	0	usd
CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8733757	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	11844881	usd
CY2022Q2	cik0001645873	Below Market Lease Intangibles Net BelowMarketLeaseIntangiblesNet	10175284	usd
CY2021Q4	cik0001645873	Below Market Lease Intangibles Net BelowMarketLeaseIntangiblesNet	11102940	usd
CY2022Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	0	usd
CY2021Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	788016	usd
CY2022Q2	us-gaap	Disposal Group Including Discontinued Operation Other Liabilities DisposalGroupIncludingDiscontinuedOperationOtherLiabilities	0	usd
CY2021Q4	us-gaap	Disposal Group Including Discontinued Operation Other Liabilities DisposalGroupIncludingDiscontinuedOperationOtherLiabilities	383282	usd
CY2022Q2	us-gaap	Liabilities Liabilities	219142906	usd
CY2021Q4	us-gaap	Liabilities Liabilities	206064610	usd
CY2022Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	275922227	usd
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	273441831	usd
CY2022Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	187430	shares
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
CY2022Q2	us-gaap	Treasury Stock Value TreasuryStockValue	3253902	usd
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	0	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-116491382	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-101624430	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	156186587	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	171826892	usd
CY2022Q2	us-gaap	Minority Interest MinorityInterest	80949131	usd
CY2021Q4	us-gaap	Minority Interest MinorityInterest	50603000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	237135718	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	222429892	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	456278624	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	428494502	usd
CY2022Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	10394118	usd
CY2021Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	9107008	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	20042767	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	18081878	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1615182	usd
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1932635	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3721365	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4618621	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	679747	usd
CY2021Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	767087	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1191612	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1371732	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3682681	usd
CY2021Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3978323	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	6983173	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	8003026	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	1197154	usd
CY2021Q2	us-gaap	Interest Expense InterestExpense	2098649	usd
	us-gaap	Interest Expense InterestExpense	2765329	usd
	us-gaap	Interest Expense InterestExpense	3879785	usd
CY2022Q2	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	1965885	usd
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	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	4730477	usd
	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	3621233	usd
CY2022Q2	cik0001645873	Impairment Reversal Of Real Estate ImpairmentReversalOfRealEstate	0	usd
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	cik0001645873	Impairment Reversal Of Real Estate ImpairmentReversalOfRealEstate	0	usd
	cik0001645873	Impairment Reversal Of Real Estate ImpairmentReversalOfRealEstate	-400999	usd
CY2022Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	16	state
CY2022Q2	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2021Q2	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	17320857	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2022Q2	us-gaap	Costs And Expenses CostsAndExpenses	9140649	usd
CY2021Q2	us-gaap	Costs And Expenses CostsAndExpenses	10249728	usd
	us-gaap	Costs And Expenses CostsAndExpenses	36712813	usd
	us-gaap	Costs And Expenses CostsAndExpenses	21093398	usd
CY2022Q2	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	1002101	usd
CY2021Q2	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	8402878	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	289642	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	2255570	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1142720	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-8267168	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2721878	usd
CY2022Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	1763	usd
CY2021Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	51	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	15198	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	100	usd
CY2022Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	66868	usd
CY2021Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	74834	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	162332	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	147302	usd
CY2022Q2	cik0001645873	Gain On Forgiveness Of Note Payable GainOnForgivenessOfNotePayable	0	usd
CY2021Q2	cik0001645873	Gain On Forgiveness Of Note Payable GainOnForgivenessOfNotePayable	0	usd
	cik0001645873	Gain On Forgiveness Of Note Payable GainOnForgivenessOfNotePayable	0	usd
	cik0001645873	Gain On Forgiveness Of Note Payable GainOnForgivenessOfNotePayable	517000	usd
CY2022Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2021Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1725318	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	66143	usd
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	65992	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	132136	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	151985	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	134774	usd
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	140877	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1415652	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	816387	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	2390344	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-1001843	usd
	us-gaap	Profit Loss ProfitLoss	-9682820	usd
	us-gaap	Profit Loss ProfitLoss	-1905491	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	219214	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1708815	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2171130	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-1001843	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7974005	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1905491	usd
CY2022Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	921875	usd
CY2021Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1843750	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1249255	usd
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1001843	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9817755	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1905491	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.17
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.31
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.25
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.31
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.25
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7478973	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7614196	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7505673	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7630401	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10221490	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7614196	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7505673	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7630401	shares
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.2875
CY2021Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.2625
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.6750
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.5250
CY2021Q2	cik0001645873	Revenue Recognition From Tenant Reimbursement RevenueRecognitionFromTenantReimbursement	1540380	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	240036609	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	597247	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	757278	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	2401181	usd
CY2022Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	921875	usd
CY2022Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2142075	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	2390344	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	237135718	usd
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	172146694	usd
CY2021Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	110000	usd
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	657087	usd
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	400788	usd
CY2021Q2	cik0001645873	Adjustments To Additional Paid In Capital Decrease In Redeemable Common Stock AdjustmentsToAdditionalPaidInCapitalDecreaseInRedeemableCommonStock	626133	usd
CY2021Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	2671764	usd
CY2021Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1976511	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-1001843	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	168041287	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	222429892	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	2203627	usd
	cik0001645873	Shares Issued During Period Value Listed Offering SharesIssuedDuringPeriodValueListedOffering	114500	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	82500	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1026612	usd
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	946690	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	3253902	usd
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1843750	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	5049197	usd
	us-gaap	Profit Loss ProfitLoss	-9682820	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	237135718	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	201250	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1191732	usd
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	810632	usd
	cik0001645873	Adjustments To Additional Paid In Capital Decrease In Redeemable Common Stock AdjustmentsToAdditionalPaidInCapitalDecreaseInRedeemableCommonStock	1068807	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	13046857	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3968187	usd
	us-gaap	Profit Loss ProfitLoss	-1905491	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	168041287	usd
	us-gaap	Profit Loss ProfitLoss	-9682820	usd
	us-gaap	Profit Loss ProfitLoss	-1905491	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	6983173	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	8003026	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1191612	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1371732	usd
	us-gaap	Straight Line Rent StraightLineRent	809558	usd
	us-gaap	Straight Line Rent StraightLineRent	702978	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	147049	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	105541	usd
	cik0001645873	Amortization And Write Off Of Debt Issuance Costs And Discounts AmortizationAndWriteOffOfDebtIssuanceCostsAndDiscounts	1368507	usd
	cik0001645873	Revenue Recognition From Tenant Reimbursement RevenueRecognitionFromTenantReimbursement	3450799	usd
	cik0001645873	Amortization And Write Off Of Debt Issuance Costs And Discounts AmortizationAndWriteOffOfDebtIssuanceCostsAndDiscounts	199693	usd
	cik0001645873	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	64912	usd
	cik0001645873	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	64913	usd
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	712885	usd
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	735150	usd
	cik0001645873	Impairment Reversal Of Real Estate Properties ImpairmentReversalOfRealEstateProperties	0	usd
	cik0001645873	Impairment Reversal Of Real Estate Properties ImpairmentReversalOfRealEstateProperties	-400999	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	17320857	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
	cik0001645873	Gain On Forgiveness Of Note Payable GainOnForgivenessOfNotePayable	0	usd
	cik0001645873	Gain On Forgiveness Of Note Payable GainOnForgivenessOfNotePayable	517000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	8402878	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	289642	usd
	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	589997	usd
	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	517719	usd
	cik0001645873	Write Off Of Unrealized Gain Loss On Derivatives WriteOffOfUnrealizedGainLossOnDerivatives	-788016	usd
	cik0001645873	Write Off Of Unrealized Gain Loss On Derivatives WriteOffOfUnrealizedGainLossOnDerivatives	0	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	162332	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	147302	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	147153	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	161967	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	549248	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-569375	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-572422	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	229695	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1021479	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1946918	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5076472	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3083353	usd
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	99691164	usd
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	0	usd
	cik0001645873	Payments To Acquire Additional Real Estate Investments PaymentsToAcquireAdditionalRealEstateInvestments	1546131	usd
	cik0001645873	Payments To Acquire Additional Real Estate Investments PaymentsToAcquireAdditionalRealEstateInvestments	309717	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	111750	usd
	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	390000	usd
	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	0	usd
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	0	usd
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	1824383	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	45257181	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	13221509	usd
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	730780	usd
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	0	usd
	cik0001645873	Payments To Acquire Lease Incentives PaymentsToAcquireLeaseIncentives	2100000	usd
	cik0001645873	Payments To Acquire Lease Incentives PaymentsToAcquireLeaseIncentives	0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-58420894	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	14624425	usd
	us-gaap	Proceeds From Unsecured Lines Of Credit ProceedsFromUnsecuredLinesOfCredit	150000000	usd
	us-gaap	Proceeds From Unsecured Lines Of Credit ProceedsFromUnsecuredLinesOfCredit	0	usd
	us-gaap	Proceeds From Secured Lines Of Credit ProceedsFromSecuredLinesOfCredit	6775000	usd
	us-gaap	Proceeds From Secured Lines Of Credit ProceedsFromSecuredLinesOfCredit	0	usd
	us-gaap	Proceeds From Secured Notes Payable ProceedsFromSecuredNotesPayable	0	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	8022000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	3000000	usd
	us-gaap	Proceeds From Secured Notes Payable ProceedsFromSecuredNotesPayable	25436000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	130361583	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	24399915	usd
	us-gaap	Payments For Proceeds From Deposit On Loan PaymentsForProceedsFromDepositOnLoan	0	usd
	us-gaap	Payments For Proceeds From Deposit On Loan PaymentsForProceedsFromDepositOnLoan	81196	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2186468	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	381076	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	114500	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2299380	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	946690	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	810632	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3253902	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	13046857	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	1987153	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6642351	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-15710863	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-46702071	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1996915	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58407520	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8377530	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11705449	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10374445	usd
	us-gaap	Interest Paid Net InterestPaidNet	2874272	usd
	us-gaap	Interest Paid Net InterestPaidNet	4147114	usd
	us-gaap	Stock Issued1 StockIssued1	32809551	usd
	us-gaap	Stock Issued1 StockIssued1	0	usd
	us-gaap	Reclassifications Of Temporary To Permanent Equity ReclassificationsOfTemporaryToPermanentEquity	0	usd
	us-gaap	Reclassifications Of Temporary To Permanent Equity ReclassificationsOfTemporaryToPermanentEquity	-1068807	usd
	cik0001645873	Reinvested Distribution To Investment In Rich Uncles Reit I ReinvestedDistributionToInvestmentInRichUnclesReitI	2203627	usd
	cik0001645873	Reinvested Distribution To Investment In Rich Uncles Reit I ReinvestedDistributionToInvestmentInRichUnclesReitI	2262231	usd
	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	522845	usd
	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	0	usd
	cik0001645873	Transfer Of Tenant Improvements From Other Assets To Real Estate Investments TransferOfTenantImprovementsFromOtherAssetsToRealEstateInvestments	73323	usd
	cik0001645873	Transfer Of Tenant Improvements From Other Assets To Real Estate Investments TransferOfTenantImprovementsFromOtherAssetsToRealEstateInvestments	0	usd
	cik0001645873	Increase Decreasein Share Repurchase Payable IncreaseDecreaseinShareRepurchasePayable	0	usd
	cik0001645873	Increase Decreasein Share Repurchase Payable IncreaseDecreaseinShareRepurchasePayable	-1979316	usd
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	0	usd
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	-2128538	usd
	cik0001645873	Non Cash Or Part Non Cash Transactions Accrued Distributions NonCashOrPartNonCashTransactionsAccruedDistributions	-32581	usd
	cik0001645873	Non Cash Or Part Non Cash Transactions Accrued Distributions NonCashOrPartNonCashTransactionsAccruedDistributions	23256	usd
	us-gaap	Contribution Of Property ContributionOfProperty	31510762	usd
	us-gaap	Contribution Of Property ContributionOfProperty	19209993	usd
	cik0001645873	Assets Related To Property Sales AssetsRelatedToPropertySales	788296	usd
	cik0001645873	Assets Related To Property Sales AssetsRelatedToPropertySales	408096	usd
	cik0001645873	Above Market Lease Period Increase Decrease AboveMarketLeasePeriodIncreaseDecrease	0	usd
	cik0001645873	Above Market Lease Period Increase Decrease AboveMarketLeasePeriodIncreaseDecrease	-50549	usd
	us-gaap	Mortgage Loan Related To Property Sales1 MortgageLoanRelatedToPropertySales1	21699912	usd
	us-gaap	Mortgage Loan Related To Property Sales1 MortgageLoanRelatedToPropertySales1	4707012	usd
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	383282	usd
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	573904	usd
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	0	usd
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	324734	usd
	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	0	usd
	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	14166	usd
CY2022Q2	cik0001645873	Authority To Issue Of Common Stock AuthorityToIssueOfCommonStock	450000000	shares
CY2022Q2	cik0001645873	Number Of Rentable Square Feet NumberOfRentableSquareFeet	2900000	sqft
CY2022Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	43	property
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2000000	shares
	cik0001645873	Revenue Recognition From Tenant Reimbursement RevenueRecognitionFromTenantReimbursement	3068172	usd
	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. Actual results may differ from those estimates.</span></div>
CY2022Q2	cik0001645873	Revenue Recognition From Tenant Reimbursement RevenueRecognitionFromTenantReimbursement	1400428	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2441970	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	usd
CY2021	cik0001645873	Restricted Cash Released During Period RestrictedCashReleasedDuringPeriod	170508	usd
	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, statement of operations and statement of cash flows accounts have been reclassified to conform with the current year presentation. The reclassification did not affect net loss in the prior year unaudited condensed consolidated statement of operations.</span></div>
CY2022Q1	cik0001645873	Number Of Loans Repaid NumberOfLoansRepaid	4	loan
CY2022Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	43	property
CY2022Q2	cik0001645873	Land Building And Improvements LandBuildingAndImprovements	435042581	usd
CY2022Q2	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	4429000	usd
CY2022Q2	us-gaap	Tenant Improvements TenantImprovements	21384224	usd
CY2022Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	43728520	usd
CY2022Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	417127285	usd
CY2022Q2	cik0001645873	Inventory Buildings And Improvements Non Refundable Deposit InventoryBuildingsAndImprovementsNonRefundableDeposit	1330780	usd
CY2022Q2	us-gaap	Lessor Operating Lease Renewal Term LessorOperatingLeaseRenewalTerm	P3Y8M12D
CY2022Q2	cik0001645873	Lessor Operating Lease Renewal Term Increase In Rents Percent LessorOperatingLeaseRenewalTermIncreaseInRentsPercent	0.019
CY2021Q4	cik0001645873	Number Of Real Estate Properties Sold NumberOfRealEstatePropertiesSold	5	property
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	16377113	usd
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	33059460	usd
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	31759477	usd
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	30260027	usd
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	24057552	usd
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	21901312	usd
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	267177203	usd
CY2022Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	424592144	usd
	us-gaap	Finite Lived Intangible Assets Remaining Amortization Period1 FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1	P9Y6M
CY2021Q2	cik0001645873	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	1	property
CY2022Q2	cik0001645873	Straight Line Rents StraightLineRents	5753512	usd
CY2021Q4	cik0001645873	Straight Line Rents StraightLineRents	4417065	usd
CY2022Q2	cik0001645873	Tenant Rent And Billed Reimbursements TenantRentAndBilledReimbursements	541561	usd
CY2022Q2	us-gaap	Goodwill Gross GoodwillGross	17320857	usd
CY2021Q4	us-gaap	Goodwill Gross GoodwillGross	17320857	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	17320857	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2022Q2	us-gaap	Goodwill Goodwill	0	usd
CY2021Q4	us-gaap	Goodwill Goodwill	17320857	usd
CY2022Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	17320857	usd
CY2021Q4	cik0001645873	Tenant Rent And Billed Reimbursements TenantRentAndBilledReimbursements	81079	usd
CY2022Q2	cik0001645873	Tenant Recoveries TenantRecoveries	1764562	usd
CY2021Q4	cik0001645873	Tenant Recoveries TenantRecoveries	1498775	usd
CY2022Q2	us-gaap	Accounts Receivable Gross AccountsReceivableGross	8059635	usd
CY2021Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	5996919	usd
CY2022Q2	cik0001645873	Deferred Tenant Allowance DeferredTenantAllowance	2353762	usd
CY2021Q4	cik0001645873	Deferred Tenant Allowance DeferredTenantAllowance	2400811	usd
CY2022Q2	us-gaap	Other Receivables OtherReceivables	59888	usd
CY2021Q4	us-gaap	Other Receivables OtherReceivables	681369	usd
CY2022Q2	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1387121	usd
CY2021Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1253751	usd
CY2022Q2	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	2151099	usd
CY2021Q4	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	1420244	usd
CY2022Q2	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	814997	usd
CY2021Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	100080	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	6766867	usd
CY2021Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	5856255	usd
CY2022Q2	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1194736	usd
CY2021Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1767657	usd
CY2022Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2883690	usd
CY2021Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	3864222	usd
CY2022Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1762722	usd
CY2021Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1795303	usd
CY2022Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	706920	usd
CY2021Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	548564	usd
CY2022Q2	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	2051994	usd
CY2021Q4	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	1735440	usd
CY2022Q2	cik0001645873	Deferred Tenant Reimbursement DeferredTenantReimbursement	133695	usd
CY2021Q4	cik0001645873	Deferred Tenant Reimbursement DeferredTenantReimbursement	2133695	usd
CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8733757	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	11844881	usd
CY2022Q2	cik0001645873	Carrying Value Of Mortgage Loan CarryingValueOfMortgageLoan	44608815	usd
CY2022Q2	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	41493296	usd
CY2021Q4	cik0001645873	Carrying Value Of Mortgage Loan CarryingValueOfMortgageLoan	152223579	usd
CY2021Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	159241815	usd
CY2021Q4	cik0001645873	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	4	property
CY2022Q2	cik0001645873	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	0	property
CY2022Q2	cik0001645873	Debt Instrument Covenant Leverage Ratio Target DebtInstrumentCovenantLeverageRatioTarget	0.40
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	8022000	usd
CY2021Q4	cik0001645873	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	4	property
CY2021Q4	cik0001645873	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	4	property
CY2022Q2	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	60000000	usd
CY2022Q2	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	814997	usd
CY2021Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	100079	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	141575	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	317575	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	12991023	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	6775000	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	150000000	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	31200000	usd
CY2022Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	201425173	usd
CY2022Q2	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	-171810	usd
CY2022Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1363118	usd
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	200233865	usd
CY2022Q2	us-gaap	Interest Expense Other InterestExpenseOther	99765	usd
CY2021Q2	us-gaap	Interest Expense Other InterestExpenseOther	9182	usd
	us-gaap	Interest Expense Other InterestExpenseOther	157077	usd
	us-gaap	Interest Expense Other InterestExpenseOther	49118	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	1197154	usd
CY2021Q2	us-gaap	Interest Expense InterestExpense	2098649	usd
	us-gaap	Interest Expense InterestExpense	2765329	usd
	us-gaap	Interest Expense InterestExpense	3879785	usd
CY2021Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	90600	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	517719	usd
CY2021Q4	cik0001645873	Liabilities Accrued Interest Payable Receivable LiabilitiesAccruedInterestPayableReceivable	-56114	usd
	us-gaap	Management Fee Expense ManagementFeeExpense	131986	usd
CY2021Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	90600	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	517719	usd
CY2021	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	788016	usd
CY2021Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2000000	shares
CY2022Q2	us-gaap	Management Fee Expense ManagementFeeExpense	65993	usd
CY2021Q2	us-gaap	Management Fee Expense ManagementFeeExpense	65993	usd
	us-gaap	Management Fee Expense ManagementFeeExpense	131986	usd
CY2022Q2	cik0001645873	Tenant Reimbursement TenantReimbursement	609788	usd
CY2021Q4	cik0001645873	Tenant Reimbursement TenantReimbursement	189136	usd
CY2022Q2	cik0001645873	Anniversary Of Completion Of The Self Management Transaction AnniversaryOfCompletionOfTheSelfManagementTransaction	P4Y
CY2019Q4	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	30.48
CY2022Q2	us-gaap	Profit Loss ProfitLoss	2390344	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-1001843	usd
	us-gaap	Profit Loss ProfitLoss	-9682820	usd
	us-gaap	Profit Loss ProfitLoss	-1905491	usd
CY2022Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	921875	usd
	us-gaap	Profit Loss ProfitLoss	-1905491	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	219214	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1708815	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	921875	usd
CY2021Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1843750	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1249255	usd
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1001843	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9817755	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1905491	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	2390344	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-1001843	usd
	us-gaap	Profit Loss ProfitLoss	-9682820	usd
CY2021Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1843750	usd
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1468469	usd
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-1001843	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-11526570	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-1905491	usd
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7478973	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7614196	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7505673	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7630401	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10221490	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7614196	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7505673	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7630401	shares
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.17
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.31
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.25
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.31
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.25
CY2021Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1219789	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2735350	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1249964	shares
CY2022Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	1.15

Files In Submission

Name	View Source	Status
0001645873-22-000212-index-headers.html	Edgar Link	pending
0001645873-22-000212-index.html	Edgar Link	pending
0001645873-22-000212.txt	Edgar Link	pending
0001645873-22-000212-xbrl.zip	Edgar Link	pending
cik0001645873-20220630.htm	Edgar Link	pending
cik0001645873-20220630.xsd	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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modivreit-20220630xex312.htm	Edgar Link	pending
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cik0001645873-20220630_def.xml	Edgar Link	unprocessable
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R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
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cik0001645873-20220630_cal.xml	Edgar Link	unprocessable

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$MDV
MODIV INDUSTRIAL, INC. Stock $mdv

2022 Q3 Form 10-Q Financial Statement

#000164587322000212 Filed on August 11, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDV MODIV INDUSTRIAL, INC. Stock $mdv

2022 Q3 Form 10-Q Financial Statement

#000164587322000212 Filed on August 11, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDV
MODIV INDUSTRIAL, INC. Stock $mdv