$NTST
NETSTREIT Corp. Stock $ntst

$ntst Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000179810021000023 Filed on April 29, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$11.93M	$5.510M
YoY Change	116.55%	-4.84%
Cost Of Revenue	$950.0K	$290.0K
YoY Change	227.59%	-6.45%
Gross Profit	$10.98M	$5.220M
YoY Change	110.34%	-4.74%
Gross Profit Margin	92.02%	94.74%
Selling, General & Admin	$3.140M	$2.980M
YoY Change	5.37%	173.39%
% of Gross Profit	28.6%	57.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.900M	$2.300M
YoY Change	156.52%	-14.81%
% of Gross Profit	53.73%	44.06%
Operating Expenses	$9.060M	$5.320M
YoY Change	70.3%	40.37%
Operating Profit	$1.920M	-$100.0K
YoY Change	-2020.0%	-105.92%
Interest Expense	$905.0K	$1.699M
YoY Change	-46.73%	-154.46%
% of Operating Profit	47.14%
Other Income/Expense, Net	-$905.0K	-$1.449M
YoY Change	-37.54%
Pretax Income	$791.0K	-$1.552M
YoY Change	-150.97%	-49.61%
Income Tax	$50.00K	$0.00
% Of Pretax Income	6.32%
Net Earnings	$701.0K	-$1.127M
YoY Change	-162.2%	-63.36%
Net Earnings / Revenue	5.87%	-20.45%
Basic Earnings Per Share	$0.02	-$0.10
Diluted Earnings Per Share	$0.02	-$0.10
COMMON SHARES
Basic Shares Outstanding	28.35M shares	11.80M shares
Diluted Shares Outstanding	30.05M shares	11.80M shares

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.70M	$149.9M
YoY Change	-90.86%
Cash & Equivalents	$13.72M	$149.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$2.100M	$700.0K
Other Receivables	$1.700M	$100.0K
Total Short-Term Assets	$17.50M	$150.7M
YoY Change	-88.39%
LONG-TERM ASSETS
Property, Plant & Equipment	$611.4M	$293.5M
YoY Change	108.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$19.20M	$10.10M
YoY Change	90.1%
Total Long-Term Assets	$719.8M	$342.9M
YoY Change	109.9%
TOTAL ASSETS
Total Short-Term Assets	$17.50M	$150.7M
Total Long-Term Assets	$719.8M	$342.9M
Total Assets	$737.3M	$493.6M
YoY Change	49.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$400.0K	$2.100M
YoY Change	-80.95%
Accrued Expenses	$3.100M	$600.0K
YoY Change	416.67%
Deferred Revenue
YoY Change
Short-Term Debt	$13.00M	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$16.50M	$2.700M
YoY Change	511.11%
LONG-TERM LIABILITIES
Long-Term Debt	$174.2M	$174.0M
YoY Change	0.11%
Other Long-Term Liabilities	$21.10M	$11.30M
YoY Change	86.73%
Total Long-Term Liabilities	$195.3M	$185.3M
YoY Change	5.4%
TOTAL LIABILITIES
Total Short-Term Liabilities	$16.50M	$2.700M
Total Long-Term Liabilities	$195.3M	$185.3M
Total Liabilities	$211.8M	$275.6M
YoY Change	-23.16%
SHAREHOLDERS EQUITY
Retained Earnings	-$12.58M
YoY Change
Common Stock	$285.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$496.6M	$218.1M
YoY Change
Total Liabilities & Shareholders Equity	$737.3M	$493.6M
YoY Change	49.36%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$701.0K	-$1.127M
YoY Change	-162.2%	-63.36%
Depreciation, Depletion And Amortization	$5.900M	$2.300M
YoY Change	156.52%	-14.81%
Cash From Operating Activities	$4.270M	$891.0K
YoY Change	379.24%	-26.97%
INVESTING ACTIVITIES
Capital Expenditures	-$89.57M	-$74.17M
YoY Change	20.76%	16023.91%
Acquisitions
YoY Change
Other Investing Activities	-$450.0K	-$540.0K
YoY Change	-16.67%	-101.69%
Cash From Investing Activities	-$90.02M	-$74.71M
YoY Change	20.5%	-337.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$90.00K	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$6.825M	$54.38M
YoY Change	-87.45%	-288.61%
NET CHANGE
Cash From Operating Activities	$4.270M	$891.0K
Cash From Investing Activities	-$90.02M	-$74.71M
Cash From Financing Activities	$6.825M	$54.38M
Net Change In Cash	-$78.93M	-$19.44M
YoY Change	305.96%	-610.29%
FREE CASH FLOW
Cash From Operating Activities	$4.270M	$891.0K
Capital Expenditures	-$89.57M	-$74.17M
Free Cash Flow	$93.84M	$75.06M
YoY Change	25.02%	4367.92%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001798100
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2021Q1	dei	Entity File Number EntityFileNumber	001-39443
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	NETSTREIT Corp.
CY2021Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2021Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-3356606
CY2021Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	5910 N. Central Expressway
CY2021Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 1600
CY2021Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2021Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2021Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75206
CY2021Q1	dei	City Area Code CityAreaCode	972
CY2021Q1	dei	Local Phone Number LocalPhoneNumber	200-7100
CY2021Q1	dei	Security12b Title Security12bTitle	Common stock, par value $0.01 per share
CY2021Q1	dei	Trading Symbol TradingSymbol	NTST
CY2021Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2021Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	true
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	39405410	shares
CY2021Q1	us-gaap	Land Land	209376000	USD
CY2020Q4	us-gaap	Land Land	189373000	USD
CY2021Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	414865000	USD
CY2020Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	358360000	USD
CY2021Q1	ntst	Real Estate Investment Property At Cost Excluding Property Under Development RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment	624241000	USD
CY2020Q4	ntst	Real Estate Investment Property At Cost Excluding Property Under Development RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment	547733000	USD
CY2021Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	14157000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	10111000	USD
CY2021Q1	us-gaap	Development In Process DevelopmentInProcess	1346000	USD
CY2020Q4	us-gaap	Development In Process DevelopmentInProcess	0	USD
CY2021Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	611430000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	537622000	USD
CY2021Q1	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	18102000	USD
CY2020Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	14802000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	13716000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	92643000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	83560000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	75024000	USD
CY2021Q1	us-gaap	Other Assets OtherAssets	10443000	USD
CY2020Q4	us-gaap	Other Assets OtherAssets	5724000	USD
CY2021Q1	us-gaap	Assets Assets	737251000	USD
CY2020Q4	us-gaap	Assets Assets	725815000	USD
CY2021Q1	us-gaap	Secured Debt SecuredDebt	174161000	USD
CY2020Q4	us-gaap	Secured Debt SecuredDebt	174105000	USD
CY2021Q1	us-gaap	Line Of Credit LineOfCredit	13000000	USD
CY2020Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2021Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	18895000	USD
CY2020Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	16930000	USD
CY2021Q1	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	399000	USD
CY2020Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	399000	USD
CY2021Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	5318000	USD
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	6308000	USD
CY2021Q1	us-gaap	Liabilities Liabilities	211773000	USD
CY2020Q4	us-gaap	Liabilities Liabilities	197742000	USD
CY2021Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2021Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28467117	shares
CY2021Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28467117	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28203545	shares
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28203545	shares
CY2021Q1	us-gaap	Common Stock Value CommonStockValue	285000	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	282000	USD
CY2021Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	506432000	USD
CY2020Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	501045000	USD
CY2021Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-12582000	USD
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7464000	USD
CY2021Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	2434000	USD
CY2020Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	235000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	496569000	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	494098000	USD
CY2021Q1	us-gaap	Minority Interest MinorityInterest	28909000	USD
CY2020Q4	us-gaap	Minority Interest MinorityInterest	33975000	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	525478000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	528073000	USD
CY2021Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	737251000	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	725815000	USD
CY2021Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	11932000	USD
CY2020Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	5508000	USD
CY2021Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	950000	USD
CY2020Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	285000	USD
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3137000	USD
CY2020Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1886000	USD
CY2021Q1	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	5929000	USD
CY2020Q1	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	2346000	USD
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	69000	USD
CY2020Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2021Q1	ntst	Transaction Costs TransactionCosts	151000	USD
CY2020Q1	ntst	Transaction Costs TransactionCosts	1094000	USD
CY2021Q1	us-gaap	Costs And Expenses CostsAndExpenses	10236000	USD
CY2020Q1	us-gaap	Costs And Expenses CostsAndExpenses	5611000	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	905000	USD
CY2020Q1	us-gaap	Interest Expense InterestExpense	1699000	USD
CY2021Q1	ntst	Gain Loss On Forfeited Earnest Money Deposit GainLossOnForfeitedEarnestMoneyDeposit	0	USD
CY2020Q1	ntst	Gain Loss On Forfeited Earnest Money Deposit GainLossOnForfeitedEarnestMoneyDeposit	250000	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-905000	USD
CY2020Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1449000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	791000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1552000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	50000	USD
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	-1552000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	40000	USD
CY2020Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-425000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	701000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-1127000	USD
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.10
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28348975	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11797645	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30052940	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11797645	shares
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	-1552000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	2323000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	0	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3064000	USD
CY2020Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-1552000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	164000	USD
CY2020Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-425000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2900000	USD
CY2020Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1127000	USD
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	252432000	USD
CY2020Q1	ntst	Preferred Stock Stock Issued Issuance Costs PreferredStockStockIssuedIssuanceCosts	21000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	-1552000	USD
CY2020Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	305543000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	528073000	USD
CY2021Q1	ntst	Dividends Common Stock And Op Units DividendsCommonStockAndOPUnits	5994000	USD
CY2021Q1	us-gaap	Dividends Share Based Compensation Cash DividendsShareBasedCompensationCash	132000	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2021Q1	us-gaap	Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet	-90000	USD
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	557000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	2323000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	525478000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	-1552000	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5929000	USD
CY2020Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2346000	USD
CY2021Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	157000	USD
CY2020Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	152000	USD
CY2021Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	430000	USD
CY2020Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	146000	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	557000	USD
CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
CY2021Q1	ntst	Gain Loss On Forfeited Earnest Money Deposit GainLossOnForfeitedEarnestMoneyDeposit	0	USD
CY2020Q1	ntst	Gain Loss On Forfeited Earnest Money Deposit GainLossOnForfeitedEarnestMoneyDeposit	250000	USD
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	69000	USD
CY2020Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1109000	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	683000	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1644000	USD
CY2020Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1024000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4270000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	891000	USD
CY2021Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	88225000	USD
CY2020Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	74166000	USD
CY2021Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	1346000	USD
CY2020Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	0	USD
CY2021Q1	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	451000	USD
CY2020Q1	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	1091000	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	548000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-90022000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-74709000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	0	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	54559000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	104000	USD
CY2021Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	5687000	USD
CY2020Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	USD
CY2021Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	307000	USD
CY2020Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	0	USD
CY2021Q1	ntst	Payments Of Restricted Stock Dividends PaymentsOfRestrictedStockDividends	5000	USD
CY2020Q1	ntst	Payments Of Restricted Stock Dividends PaymentsOfRestrictedStockDividends	0	USD
CY2021Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	13000000	USD
CY2020Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	90000	USD
CY2020Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2021Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	86000	USD
CY2020Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	287000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6825000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	54376000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-78927000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-19442000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	92643000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	169319000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	13716000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	149877000	USD
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	758000	USD
CY2020Q1	us-gaap	Interest Paid Net InterestPaidNet	1450000	USD
CY2021Q1	ntst	Noncash Investing And Financing Activities Op Units Converted Into Common Stock NoncashInvestingAndFinancingActivitiesOPUnitsConvertedIntoCommonStock	4923000	USD
CY2020Q1	ntst	Noncash Investing And Financing Activities Op Units Converted Into Common Stock NoncashInvestingAndFinancingActivitiesOPUnitsConvertedIntoCommonStock	0	USD
CY2021Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	132000	USD
CY2021Q1	us-gaap	Depreciation Depreciation	4100000	USD
CY2020Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	USD
CY2021Q1	us-gaap	Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction	526000	USD
CY2020Q1	us-gaap	Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction	371000	USD
CY2021Q1	ntst	Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives	2323000	USD
CY2020Q1	ntst	Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives	0	USD
CY2021Q1	ntst	Number Of Single Tenant Retail Net Leased Properties Owned NumberOfSingleTenantRetailNetLeasedPropertiesOwned	234	property
CY2021Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	39	state
CY2019Q4	ntst	Contributions To Operating Partnership ContributionsToOperatingPartnership	219000000.0	USD
CY2019Q4	ntst	Number Of Operating Partnership Units Received NumberOfOperatingPartnershipUnitsReceived	11797645	shares
CY2020Q3	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	227300000	USD
CY2020Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2300000	USD
CY2020Q1	us-gaap	Depreciation Depreciation	1600000	USD
CY2021Q1	ntst	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	5	property
CY2021Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company’s most significant assumptions and estimates relate to the useful lives of real estate assets, lease accounting, real estate impairment assessments, and allocation of fair value of purchase consideration. These estimates are based on historical experience and other assumptions which management believes are reasonable under the circumstances. The Company evaluates its estimates on an ongoing basis and makes revisions to these estimates and related disclosures as experience develops or new information becomes known. Further, the uncertainty over the ultimate impact COVID-19 will have on the global economy and the Company’s business makes any estimates and assumptions as of March 31, 2021 inherently less certain than they would be absent the current and potential impacts of COVID-19. Actual results could differ from those estimates.</span></div>
CY2021Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Certain reclassifications have been made to conform with current period presentation. Transaction costs within the condensed consolidated statements of operations and comprehensive income (loss) were previously included within the caption “general and administrative.”</span></div>
CY2021Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Risk and Uncertainties</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">COVID-19</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">On March 11, 2020, the World Health Organization announced a new strain of coronavirus (“COVID-19”) was reported worldwide, resulting in COVID-19 being declared a pandemic, and on March 13, 2020 the U.S. President announced a National Emergency relating to the disease. COVID-19 and the measures taken to limit its spread are negatively impacting the economy across many industries, including industries in which our tenants operate. The impacts may continue and increase in severity as the duration of the pandemic lengthens. As a result, the Company is not yet able to determine the full impact of COVID-19 on its operations, and therefore, whether any such impact will be material. However, the Company’s operations and cash flows during the three months ended March 31, 2021 and 2020 were not materially impacted by COVID-19. The Company has collected 100.0% of all rent payments for the three months ended March 31, 2021. In addition, the Company has not provided for any abatements or deferrals after August 1, 2020. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The Company also adopted an optional remote-work policy and other physical distancing policies for its corporate office. The Company does not anticipate these policies to have any adverse impact on its ability to continue to operate its business. Transitioning to a remote-work environment has not had a material adverse impact on the Company's general ledger system, internal controls or controls and procedures related to its financial reporting process.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to significant concentrations of credit risk consist principally of cash and cash equivalents. The Company is exposed to credit risk with respect to cash held at various financial institutions, access to its Credit Facility, and amounts due or payable under derivative contracts. The credit risk exposure with regard to the Company’s cash, credit facilities, and derivative instruments is spread among a diversified group of investment grade financial institutions.</span></div>
CY2021Q1	ntst	Covid19 Contractual Base Rent Payments Received Percentage COVID19ContractualBaseRentPaymentsReceivedPercentage	1.000
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5900000	USD
CY2021Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	1800000	USD
CY2020Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	700000	USD
CY2020Q4	ntst	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	3	property
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	69000	USD
CY2020Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2020Q1	ntst	Number Of Tenants NumberOfTenants	48	tenant
CY2021Q1	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	1	property
CY2020Q1	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	0	property
CY2021Q1	ntst	Number Of Properties Sold NumberOfPropertiesSold	0	property
CY2020Q1	ntst	Number Of Properties Sold NumberOfPropertiesSold	0	property
CY2021Q1	us-gaap	Restricted Cash RestrictedCash	100000	USD
CY2020Q4	us-gaap	Restricted Cash RestrictedCash	14800000	USD
CY2021Q1	us-gaap	Revenue Recognition Leases RevenueRecognitionLeases	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Revenue Recognition and Related Matters</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The Company’s rental revenue is primarily related to rent received from tenants under leases accounted for as operating leases. Rent from leases that have fixed and determinable rent increases is recognized on a straight-line basis over the non-cancellable initial term of the lease and reasonably certain renewal periods, from the later of the date of the commencement of the lease or </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">the date of acquisition of the property subject to the lease. The difference between rental revenue recognized and the cash rent due under the provisions of the lease is recorded as deferred rent receivable and included as a component of other assets in the condensed consolidated balance sheets. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Variable lease revenues include tenant reimbursements, lease termination fees, changes in the index or market-based indices after the inception of the lease or percentage rents. Variable lease revenues are not recognized until the specific events that trigger the variable payments have occurred. The Company recognized variable lease revenue related to tenant reimbursements and lease termination fees for the periods presented.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Capitalized above-market and below-market lease values are amortized on a straight-line basis as a reduction or increase of rental revenue as appropriate over the remaining non-cancellable terms of the respective leases. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">An allowance for doubtful accounts is provided against the portion of accounts receivable, net including straight-line rents, which is estimated to be uncollectible, which includes a portfolio-based reserve and reserves for specific disputed amounts. Such allowances are reviewed each period based upon recovery experience and the specific facts of each outstanding amount. As of March 31, 2021 and December 31, 2020, there was no allowance for doubtful accounts.</span></div>
CY2021Q1	ntst	Business Combination Readiness And Other Costs BusinessCombinationReadinessAndOtherCosts	700000	USD
CY2021Q1	ntst	Business Combination Dead Deal And Other Costs BusinessCombinationDeadDealAndOtherCosts	200000	USD
CY2020Q1	ntst	Business Combination Dead Deal And Other Costs BusinessCombinationDeadDealAndOtherCosts	400000	USD
CY2021Q1	ntst	Number Of Tenants NumberOfTenants	63	tenant
CY2021Q1	ntst	Number Of Properties Leased NumberOfPropertiesLeased	234	property
CY2020Q1	ntst	Number Of Properties Leased NumberOfPropertiesLeased	117	property
CY2021Q1	ntst	Number Of Single Tenant Retail Net Leased Properties Owned NumberOfSingleTenantRetailNetLeasedPropertiesOwned	234	property
CY2021Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	39	state
CY2021Q1	ntst	Number Of Brands In Which Tenants Represent NumberOfBrandsInWhichTenantsRepresent	59	brand
CY2021Q1	ntst	Number Of Retail Sectors In Which Tenants Represent NumberOfRetailSectorsInWhichTenantsRepresent	23	retail_sector
CY2021Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	10953000	USD
CY2020Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	5224000	USD
CY2021Q1	us-gaap	Variable Lease Income VariableLeaseIncome	789000	USD
CY2020Q1	us-gaap	Variable Lease Income VariableLeaseIncome	292000	USD
CY2021Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-190000	USD
CY2020Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	8000	USD
CY2021Q1	us-gaap	Lease Income LeaseIncome	11932000	USD
CY2020Q1	us-gaap	Lease Income LeaseIncome	5508000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	35206000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	46624000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	46656000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	46467000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	46240000	USD
CY2021Q1	ntst	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	261749000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	482942000	USD
CY2021Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	1300000	USD
CY2021Q1	ntst	Expected Investment In Real Estate Assets ExpectedInvestmentInRealEstateAssets	4400000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	90418000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	6858000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	83560000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	79950000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	4926000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	75024000	USD
CY2021Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	18895000	USD
CY2020Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	17951000	USD
CY2021Q1	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	20289000	USD
CY2021Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	1394000	USD
CY2020Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	1021000	USD
CY2020Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	16930000	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1792000	USD
CY2020Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	742000	USD
CY2021Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	373000	USD
CY2020Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	136000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue NetAdjustmentToRentalRevenue	190000	USD
CY2020Q1	ntst	Net Adjustment To Rental Revenue NetAdjustmentToRentalRevenue	-8000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	8374000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	6286000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	7969000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	7789000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	7633000	USD
CY2021Q1	ntst	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	36716000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Of Above Market Leases FiniteLivedIntangibleAssetsNetOfAboveMarketLeases	74767000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Adjustment To Rental Revenue Reminder Of Fiscal Year FiniteLivedIntangibleAssetsNetAdjustmentToRentalRevenueReminderOfFiscalYear	-571000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Adjustment To Rental Revenue Year One FiniteLivedIntangibleAssetsNetAdjustmentToRentalRevenueYearOne	-761000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Adjustment To Rental Revenue Year Two FiniteLivedIntangibleAssetsNetAdjustmentToRentalRevenueYearTwo	-761000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Adjustment To Rental Revenue Year Three FiniteLivedIntangibleAssetsNetAdjustmentToRentalRevenueYearThree	-756000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Adjustment To Rental Revenue Year Four FiniteLivedIntangibleAssetsNetAdjustmentToRentalRevenueYearFour	-756000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Adjustment To Rental Revenue After Year Four FiniteLivedIntangibleAssetsNetAdjustmentToRentalRevenueAfterYearFour	-5188000	USD
CY2021Q1	ntst	Finite Lived Intangible Assets Net Adjustment To Rental Revenue Net FiniteLivedIntangibleAssetsNetAdjustmentToRentalRevenueNet	-8793000	USD
CY2021Q1	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	1270000	USD
CY2021Q1	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	1694000	USD
CY2021Q1	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	1687000	USD
CY2021Q1	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	1672000	USD
CY2021Q1	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	1661000	USD
CY2021Q1	ntst	Below Market Lease Amortization Income After Year Four BelowMarketLeaseAmortizationIncomeAfterYearFour	10911000	USD
CY2021Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	18895000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue Remainder Of Fiscal Year NetAdjustmentToRentalRevenueRemainderOfFiscalYear	699000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue Year One NetAdjustmentToRentalRevenueYearOne	933000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue Year Two NetAdjustmentToRentalRevenueYearTwo	926000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue Year Three NetAdjustmentToRentalRevenueYearThree	916000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue Year Four NetAdjustmentToRentalRevenueYearFour	905000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue After Year Four NetAdjustmentToRentalRevenueAfterYearFour	5723000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue Net NetAdjustmentToRentalRevenueNet	10102000	USD
CY2021Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	188000000	USD
CY2020Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	175000000	USD
CY2021Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	839000	USD
CY2020Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	895000	USD
CY2021Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1098000	USD
CY2020Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1198000	USD
CY2021Q1	us-gaap	Long Term Debt LongTermDebt	186063000	USD
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	172907000	USD
CY2021Q1	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	1085000	USD
CY2020Q4	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	634000	USD
CY2021Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts	526000	USD
CY2020Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	0	USD
CY2021Q1	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	1098000	USD
CY2020Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	1198000	USD
CY2021Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	2110000	USD
CY2020Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	1489000	USD
CY2021Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	1647000	USD
CY2020Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	1407000	USD
CY2021Q1	us-gaap	Derivative Assets DerivativeAssets	2577000	USD
CY2020Q4	us-gaap	Derivative Assets DerivativeAssets	253000	USD
CY2021Q1	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1400000	USD
CY2020Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	743000	USD
CY2021Q1	us-gaap	Other Assets OtherAssets	10443000	USD
CY2020Q4	us-gaap	Other Assets OtherAssets	5724000	USD
CY2021Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2685000	USD
CY2020Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2035000	USD
CY2021Q1	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	450000	USD
CY2020Q4	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	1561000	USD
CY2021Q1	us-gaap	Advance Rent AdvanceRent	1382000	USD
CY2020Q4	us-gaap	Advance Rent AdvanceRent	1551000	USD
CY2021Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	402000	USD
CY2020Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	916000	USD
CY2021Q1	us-gaap	Other Liabilities OtherLiabilities	399000	USD
CY2020Q4	us-gaap	Other Liabilities OtherLiabilities	245000	USD
CY2021Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	5318000	USD
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	6308000	USD
CY2020Q1	ntst	Number Of Operating Partnership Units Received NumberOfOperatingPartnershipUnitsReceived	2936885	shares
CY2021Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.20
CY2021Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2021Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	5687000	USD
CY2021Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	300000	USD
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	2094976	shares
CY2021Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	600000	USD
CY2020Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	0	USD
CY2020Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost	1400000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	-1552000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	40000	USD
CY2020Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-425000	USD
CY2021Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
CY2020Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	4000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	701000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1131000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	40000	USD
CY2020Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-425000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	741000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-1556000	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28348975	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11797645	shares
CY2021Q1	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	1616005	shares
CY2020Q1	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	0	shares
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	87960	shares
CY2020Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30052940	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11797645	shares
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.10
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
CY2021Q1	ntst	Expected Investment In Real Estate Assets ExpectedInvestmentInRealEstateAssets	4400000	USD
CY2021Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	1300000	USD

Files In Submission

Name	View Source	Status
0001798100-21-000023-index-headers.html	Edgar Link	pending
0001798100-21-000023-index.html	Edgar Link	pending
0001798100-21-000023.txt	Edgar Link	pending
0001798100-21-000023-xbrl.zip	Edgar Link	pending
facilitiesagreement-ex102.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
netstreit-formpsuagreement.htm	Edgar Link	pending
ntst-20210331.htm	Edgar Link	pending
ntst-20210331.xsd	Edgar Link	pending
ntst-20210331_cal.xml	Edgar Link	unprocessable
ntst-20210331_def.xml	Edgar Link	unprocessable
ntst-20210331_htm.xml	Edgar Link	completed
ntst-20210331_lab.xml	Edgar Link	unprocessable
ntst-20210331_pre.xml	Edgar Link	unprocessable
ntst-form10xqq121xex311x30.htm	Edgar Link	pending
ntst-form10xqq121xex312x30.htm	Edgar Link	pending
ntst-form10xqq121xex321x90.htm	Edgar Link	pending
ntst-form10xqq121xex322x90.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$NTST
NETSTREIT Corp. Stock $ntst

2021 Q1 Form 10-Q Financial Statement

#000179810021000023 Filed on April 29, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTST NETSTREIT Corp. Stock $ntst

2021 Q1 Form 10-Q Financial Statement

#000179810021000023 Filed on April 29, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTST
NETSTREIT Corp. Stock $ntst