$NLCP
NewLake Capital Partners, Inc. Stock $nlcp

$nlcp Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000185496424000050 Filed on November 13, 2024

Income Statement

Concept	2024 Q4	2024 Q3	2024 Q2
Revenue		$12.55M	$12.46M
YoY Change		9.25%	9.48%
Cost Of Revenue		$128.0K	$28.00K
YoY Change
Gross Profit		$12.43M	$12.43M
YoY Change
Gross Profit Margin		98.98%	99.78%
Selling, General & Admin		$2.077M	$1.848M
YoY Change		7.06%	-8.56%
% of Gross Profit		16.71%	14.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$3.200M	$3.100M
YoY Change		3.23%	0.0%
% of Gross Profit		25.75%	24.95%
Operating Expenses		$5.931M	$5.502M
YoY Change		7.68%	-1.56%
Operating Profit		$6.635M	$6.965M
YoY Change		10.9%	20.36%
Interest Expense		-$97.00K	-$47.00K
YoY Change		-202.11%	-148.45%
% of Operating Profit		-1.46%	-0.67%
Other Income/Expense, Net		-$97.00K	-$47.00K
YoY Change		-216.87%	-142.34%
Pretax Income		$6.538M	$6.918M
YoY Change		7.71%	17.29%
Income Tax
% Of Pretax Income
Net Earnings		$6.422M	$6.796M
YoY Change		7.79%	17.23%
Net Earnings / Revenue		51.16%	54.56%
Basic Earnings Per Share		$0.31	$0.33
Diluted Earnings Per Share		$0.31	$0.33
COMMON SHARES
Basic Shares Outstanding	20.51M shares	20.51M shares	20.51M shares
Diluted Shares Outstanding		20.98M shares	20.95M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$19.83M	$20.69M
YoY Change	-36.23%	-49.14%
Cash & Equivalents	$19.83M	$20.69M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$19.83M	$20.69M
YoY Change	-36.23%	-49.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$389.0M	$389.6M
YoY Change	3.78%	3.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$414.7M	$415.5M
YoY Change	2.65%	2.66%
TOTAL ASSETS
Total Short-Term Assets	$19.83M	$20.69M
Total Long-Term Assets	$414.7M	$415.5M
Total Assets	$434.6M	$436.2M
YoY Change	-0.13%	-2.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.253M	$921.0K
YoY Change	25.3%	-35.32%
Accrued Expenses	$135.0K	$153.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.39M	$18.87M
YoY Change	16.82%	8.75%
LONG-TERM LIABILITIES
Long-Term Debt	$7.600M	$7.600M
YoY Change	280.0%	281.33%
Other Long-Term Liabilities	$663.0K	$780.0K
YoY Change	-39.73%	-14.75%
Total Long-Term Liabilities	$8.263M	$8.380M
YoY Change	166.55%	188.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.39M	$18.87M
Total Long-Term Liabilities	$8.263M	$8.380M
Total Liabilities	$27.66M	$27.25M
YoY Change	40.58%	34.5%
SHAREHOLDERS EQUITY
Retained Earnings	-$47.01M	-$44.58M
YoY Change	18.6%	18.86%
Common Stock	$205.0K	$205.0K
YoY Change	-0.97%	-3.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$399.7M	$401.6M
YoY Change
Total Liabilities & Shareholders Equity	$434.6M	$436.2M
YoY Change	-0.13%	-2.07%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$6.422M	$6.796M
YoY Change	7.79%	17.23%
Depreciation, Depletion And Amortization	$3.200M	$3.100M
YoY Change	3.23%	0.0%
Cash From Operating Activities	$10.96M	$11.72M
YoY Change	16.73%	17.44%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$3.993M
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$2.593M	-$3.477M
YoY Change	-0.65%	118.13%
Cash From Investing Activities	-$2.593M	-$7.470M
YoY Change	-0.65%	368.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-9.222M	-5.106M
YoY Change	-43.7%	-44.54%
NET CHANGE
Cash From Operating Activities	10.96M	11.72M
Cash From Investing Activities	-2.593M	-7.470M
Cash From Financing Activities	-9.222M	-5.106M
Net Change In Cash	-854.0K	-859.0K
YoY Change	-91.1%	4.25%
FREE CASH FLOW
Cash From Operating Activities	$10.96M	$11.72M
Capital Expenditures	$0.00	$3.993M
Free Cash Flow	$10.96M	$7.724M
YoY Change	16.73%	-22.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001854964
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q3	us-gaap	Land Land	21717000	usd
CY2023Q4	us-gaap	Land Land	21397000	usd
CY2024Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	408548000	usd
CY2023Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	390911000	usd
CY2024Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	430265000	usd
CY2023Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	412308000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	41417000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	31999000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	388848000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	380309000	usd
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	19833000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	25843000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	18290000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	19779000	usd
CY2024Q3	us-gaap	Other Assets OtherAssets	2736000	usd
CY2024Q3	us-gaap	Line Of Credit LineOfCredit	7600000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	1000000	usd
CY2024Q3	us-gaap	Loans Payable LoansPayable	0	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	1000000	usd
CY2024Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9009000	usd
CY2023Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	8385000	usd
CY2024Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	8995000	usd
CY2023Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	8616000	usd
CY2024Q3	us-gaap	Advance Rent AdvanceRent	668000	usd
CY2023Q4	us-gaap	Advance Rent AdvanceRent	990000	usd
CY2024Q3	us-gaap	Other Liabilities OtherLiabilities	130000	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	227000	usd
CY2024Q3	us-gaap	Liabilities Liabilities	27655000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	21335000	usd
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	205000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	205000	usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	446466000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	445289000	usd
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-47008000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-40909000	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	399663000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	404585000	usd
CY2024Q3	us-gaap	Minority Interest MinorityInterest	7261000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	7372000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	406924000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	411957000	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	434579000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	433292000	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	12276000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	36657000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	33637000	usd
CY2024Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	134000	usd
CY2023Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	131000	usd
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	399000	usd
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	390000	usd
CY2024Q3	nlcp	Fees And Reimbursables FeesAndReimbursables	144000	usd
CY2023Q3	nlcp	Fees And Reimbursables FeesAndReimbursables	63000	usd
	nlcp	Fees And Reimbursables FeesAndReimbursables	562000	usd
	nlcp	Fees And Reimbursables FeesAndReimbursables	256000	usd
	us-gaap	Revenues Revenues	34283000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1060000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	24709000	usd
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	62000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	438000	usd
	us-gaap	Profit Loss ProfitLoss	17935000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1060000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-322000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-96000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	32720000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	13964000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	350000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	24987000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	65000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	437000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1000000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	28000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-20773000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-6010000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	25843000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45192000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	19833000	usd
	us-gaap	Interest Paid Net InterestPaidNet	195000	usd
CY2024Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9009000	usd
CY2024Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	116000	usd
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	6538000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20578838	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20975718	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.31
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	83-4400045
	dei	Entity Address Address Line1 EntityAddressAddressLine1	50 Locust Avenue, First Floor
	dei	Entity Address City Or Town EntityAddressCityOrTown	New Canaan
	dei	Entity Address State Or Province EntityAddressStateOrProvince	CT
	dei	City Area Code CityAreaCode	203
	dei	Local Phone Number LocalPhoneNumber	594-1402
	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	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20512156	shares
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CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1117000	usd
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CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
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CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	11297000	usd
CY2024Q3	us-gaap	Revenues Revenues	12554000	usd
CY2023Q3	us-gaap	Revenues Revenues	11491000	usd
	us-gaap	Revenues Revenues	37618000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-468000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	27603000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	5609000	usd
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	us-gaap	Interest Paid Net InterestPaidNet	123000	usd
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CY2024Q3	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	32	property
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CY2023Q3	us-gaap	Depreciation Depreciation	3100000	usd
	us-gaap	Depreciation Depreciation	9400000	usd
	us-gaap	Depreciation Depreciation	9200000	usd
CY2024Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1500000	usd
CY2024Q3	us-gaap	Professional Fees ProfessionalFees	475000	usd
CY2023Q3	us-gaap	Professional Fees ProfessionalFees	300000	usd
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Registrant Name EntityRegistrantName	NewLake Capital Partners, Inc.
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	06840
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	167000	usd
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CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
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	nlcp	Property Expenses PropertyExpenses	179000	usd
	nlcp	Property Expenses PropertyExpenses	228000	usd
CY2024Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3726000	usd
CY2023Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3568000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	10920000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	10698000	usd
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CY2023Q3	us-gaap	Compensation Expense Excluding Cost Of Good And Service Sold CompensationExpenseExcludingCostOfGoodAndServiceSold	1173000	usd
	us-gaap	Compensation Expense Excluding Cost Of Good And Service Sold CompensationExpenseExcludingCostOfGoodAndServiceSold	3554000	usd
	us-gaap	Professional Fees ProfessionalFees	1120000	usd
	us-gaap	Professional Fees ProfessionalFees	986000	usd
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	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1307000	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1309000	usd
CY2024Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2077000	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1862000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5981000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5745000	usd
CY2024Q3	us-gaap	Operating Expenses OperatingExpenses	5931000	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	5508000	usd
	us-gaap	Operating Expenses OperatingExpenses	17080000	usd
	us-gaap	Operating Expenses OperatingExpenses	16671000	usd
CY2024Q3	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-12000	usd
CY2023Q3	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-38000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	6635000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	5983000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	20576000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	17612000	usd
CY2024Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	80000	usd
CY2023Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	178000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	607000	usd
CY2024Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	177000	usd
CY2023Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	95000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	388000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	284000	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-97000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	83000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-126000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	323000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	6538000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	6066000	usd
	us-gaap	Profit Loss ProfitLoss	20450000	usd
	us-gaap	Profit Loss ProfitLoss	17935000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	363000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	312000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	6422000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	5958000	usd
	us-gaap	Net Income Loss NetIncomeLoss	17623000	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.31
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.98
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.98
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20578838	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21199638	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20558754	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21330046	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20975718	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21582314	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20956515	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21710101	shares
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	408946000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	415470000	usd
	us-gaap	Profit Loss ProfitLoss	20450000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1223000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10920000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10698000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	202000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	201000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	10000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-38000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
	nlcp	Non Cash Lease Expense NonCashLeaseExpense	-2000	usd
	nlcp	Non Cash Lease Expense NonCashLeaseExpense	0	usd
	nlcp	Non Cash Application Of Rent Escrow NonCashApplicationOfRentEscrow	-299000	usd
	nlcp	Non Cash Application Of Rent Escrow NonCashApplicationOfRentEscrow	0	usd
	nlcp	Non Cash Application Of Security Deposit NonCashApplicationOfSecurityDeposit	0	usd
	nlcp	Non Cash Application Of Security Deposit NonCashApplicationOfSecurityDeposit	945000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	123000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-22000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	128000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	677000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	510000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	3993000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-17957000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5959000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9254000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	46000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	25430000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	463000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	6600000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1000000	usd
	nlcp	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts	291000	usd
	nlcp	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-35771000	usd
CY2024Q3	nlcp	Deferred Offering Cost Payable DeferredOfferingCostPayable	7000	usd
CY2023Q3	nlcp	Deferred Offering Cost Payable DeferredOfferingCostPayable	0	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAssets
CY2022Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherLiabilities
CY2024Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	389000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	262000	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	449000	usd
CY2024Q3	us-gaap	Dividends Common Stock DividendsCommonStock	8820000	usd
CY2024Q3	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	29000	usd
CY2024Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	160000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	6538000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	406924000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425176000	usd
CY2023Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7920000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	379000	usd
CY2023Q3	us-gaap	Dividends Common Stock DividendsCommonStock	8071000	usd
CY2023Q3	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	14000	usd
CY2023Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	146000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	6066000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	415470000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	411957000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	46000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1223000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	26048000	usd
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	138000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	474000	usd
	us-gaap	Profit Loss ProfitLoss	20450000	usd
CY2024Q3	nlcp	Property Expenses PropertyExpenses	128000	usd
	us-gaap	Compensation Expense Excluding Cost Of Good And Service Sold CompensationExpenseExcludingCostOfGoodAndServiceSold	3450000	usd
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	116000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	108000	usd
	us-gaap	Net Income Loss NetIncomeLoss	20087000	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	449000	usd
CY2024Q3	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	29000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	6538000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	406924000	usd
CY2023Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7920000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	379000	usd
CY2023Q3	us-gaap	Dividends Common Stock DividendsCommonStock	8071000	usd
CY2023Q3	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	14000	usd
CY2023Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	146000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	6066000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	415470000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	411957000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	46000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1223000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	26048000	usd
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	138000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	474000	usd
	us-gaap	Profit Loss ProfitLoss	20450000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	406924000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	430938000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	9254000	usd
	us-gaap	Profit Loss ProfitLoss	17935000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	406924000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	430938000	usd
	us-gaap	Profit Loss ProfitLoss	17935000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	415470000	usd
	us-gaap	Profit Loss ProfitLoss	20450000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1223000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10920000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10698000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	201000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	10000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-38000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
	nlcp	Non Cash Lease Expense NonCashLeaseExpense	-2000	usd
	nlcp	Non Cash Lease Expense NonCashLeaseExpense	0	usd
	nlcp	Non Cash Application Of Rent Escrow NonCashApplicationOfRentEscrow	-299000	usd
	nlcp	Non Cash Application Of Security Deposit NonCashApplicationOfSecurityDeposit	0	usd
	nlcp	Non Cash Application Of Security Deposit NonCashApplicationOfSecurityDeposit	945000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-22000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	128000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-659000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	677000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	510000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-761000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	3993000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-17957000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5959000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9254000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	46000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	143000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	463000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	6600000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
	nlcp	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts	291000	usd
	nlcp	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts	0	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-14127000	usd
CY2024Q3	nlcp	Deferred Offering Cost Payable DeferredOfferingCostPayable	7000	usd
CY2023Q3	nlcp	Deferred Offering Cost Payable DeferredOfferingCostPayable	0	usd
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year balances have been reclassified to conform to the Company's current year presentation.</span></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><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:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and </span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">accompanying notes. Management will adjust such estimates when facts and circumstances dictate. Such estimates include, but are not limited to, useful lives for depreciation of property and corporate assets, the fair value of acquired real estate and in-place lease intangibles acquired, and the valuation of stock-based compensation. Actual results could differ from those estimates.</span></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year balances have been reclassified to conform to the Company's current year presentation.</span></div>
CY2024Q3	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2024Q3	us-gaap	Land Land	21717000	usd
CY2024Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	408548000	usd
CY2024Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	430265000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	41417000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	388848000	usd
CY2024Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	21200000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	14000000.0	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	13964000	usd
CY2024Q3	nlcp	Unfunded Commitments UnfundedCommitments	12224000	usd
CY2023	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	14400000	usd
CY2023	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	14434000	usd
CY2023Q4	nlcp	Unfunded Commitments UnfundedCommitments	14351000	usd
CY2024Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	21200000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	24200000	usd
CY2024Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	21223000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	24159000	usd
CY2023Q4	nlcp	Number Of Real Estate Properties Sold NumberOfRealEstatePropertiesSold	1	property
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	497000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1985000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1985000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1985000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1985000	usd
CY2024Q3	nlcp	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	9853000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	18290000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	500000	usd
CY2024Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q3	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	93700	usd
CY2023Q3	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	14500	usd
CY2024Q3	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2024Q3	us-gaap	Land Land	21717000	usd
CY2024Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	408548000	usd
CY2024Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	430265000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	41417000	usd
CY2024Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	388848000	usd
CY2024Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	21200000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	14000000.0	usd
CY2024Q3	nlcp	Unfunded Commitments UnfundedCommitments	12224000	usd
CY2023	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	14400000	usd
CY2023	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	14434000	usd
CY2023Q4	nlcp	Unfunded Commitments UnfundedCommitments	14351000	usd
CY2024Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	21200000	usd
CY2024Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	21223000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	24159000	usd
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	usd
CY2023Q4	nlcp	Number Of Real Estate Properties Sold NumberOfRealEstatePropertiesSold	1	property
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	497000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1985000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1985000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1985000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1985000	usd
CY2024Q3	nlcp	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	9853000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	18290000	usd
CY2024Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q3	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	93700	usd
CY2023Q3	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	14500	usd
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	411900	usd
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	111900	usd
CY2024Q3	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
CY2024Q3	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	411900	usd
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	111900	usd
CY2024Q3	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
CY2024Q3	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	12807000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	52649000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	56475000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	57944000	usd
CY2024Q3	nlcp	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	577041000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	811960000	usd
CY2024Q3	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	32	property
CY2023Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	31	property
CY2024Q3	nlcp	Number Of Tenants NumberOfTenants	13	tenant
CY2023Q4	nlcp	Number Of Tenants NumberOfTenants	13	tenant
CY2023Q4	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2024Q3	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	177400	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	19000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	77000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	148000	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	135000	usd
CY2024Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0565
CY2024Q3	us-gaap	Lessee Operating Lease Remaining Lease Term LesseeOperatingLeaseRemainingLeaseTerm	P1Y11M1D
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-12200	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128400	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	166700	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-38300	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128400	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	12807000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	52649000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	55044000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	56475000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	57944000	usd
CY2024Q3	nlcp	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	577041000	usd
CY2024Q3	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	811960000	usd
CY2024Q3	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	32	property
CY2023Q4	nlcp	Number Of Tenants NumberOfTenants	13	tenant
CY2023Q4	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2024Q3	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2022Q2	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P4Y
CY2022Q2	us-gaap	Lessee Operating Lease Renewal Term LesseeOperatingLeaseRenewalTerm	P3Y
CY2024Q3	nlcp	Lessee Number Of Leases LesseeNumberOfLeases	1	lease
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	273000	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	127500	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	177400	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	19000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	77000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	52000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	148000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	13000	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	135000	usd
CY2024Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0565
CY2024Q3	us-gaap	Lessee Operating Lease Remaining Lease Term LesseeOperatingLeaseRemainingLeaseTerm	P1Y11M1D
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	140600	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-12200	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128400	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	166700	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-38300	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128400	usd
CY2024Q3	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.018	rate
CY2023Q4	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.018	rate
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	116000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	108000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	363000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	312000	usd
CY2023Q4	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.018	rate
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	363000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	312000	usd
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2024Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2024Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20511508	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20511508	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20503520	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20503520	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000.0	usd
CY2023Q3	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000.0	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20511508	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20511508	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20503520	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20503520	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000.0	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	713831	shares
	nlcp	Common Stock Acquired Average Cost Per Share CommonStockAcquiredAverageCostPerShare	12.96
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	9300000	usd
CY2024Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	8200000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.41
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2024Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.27
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.39
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.39
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.39
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.17
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5958000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20087000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	17623000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	108000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	363000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	312000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	6066000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	20450000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	17935000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21199638	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20558754	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21330046	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21582314	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20956515	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21710101	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.98
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.98
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	713831	shares
	nlcp	Common Stock Acquired Average Cost Per Share CommonStockAcquiredAverageCostPerShare	12.96
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	9300000	usd
CY2024Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	8200000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.41
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
CY2024Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.43
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.27
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.39
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.39
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.39
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.17
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	6422000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5958000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20087000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	108000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	363000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	6066000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	17935000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20558754	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21330046	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21582314	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20956515	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21710101	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.98
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.98
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
CY2024Q3	us-gaap	Notes Receivable Net NotesReceivableNet	4872000	usd
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	4833000	usd
CY2024Q3	us-gaap	Line Of Credit LineOfCredit	7600000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	1000000	usd
CY2024Q3	us-gaap	Loans Payable LoansPayable	0	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	1000000	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	5000000.0	usd
CY2024Q3	us-gaap	Notes Receivable Gross NotesReceivableGross	5000000.0	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128400	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	166700	usd
CY2024Q3	us-gaap	Notes Receivable Net NotesReceivableNet	4872000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	1000000	usd
CY2024Q3	us-gaap	Loans Payable LoansPayable	0	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	1000000	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	5000000.0	usd
CY2024Q3	us-gaap	Notes Receivable Gross NotesReceivableGross	5000000.0	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128400	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	166700	usd
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q3	nlcp	Unfunded Commitments For Development And Improvement Of Facilities UnfundedCommitmentsForDevelopmentAndImprovementOfFacilities	12200000	usd
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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FilingSummary.xml	Edgar Link	unprocessable

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$NLCP
NewLake Capital Partners, Inc. Stock $nlcp

2024 Q4 Form 10-Q Financial Statement

#000185496424000050 Filed on November 13, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NLCP NewLake Capital Partners, Inc. Stock $nlcp

2024 Q4 Form 10-Q Financial Statement

#000185496424000050 Filed on November 13, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NLCP
NewLake Capital Partners, Inc. Stock $nlcp