$NTST
NETSTREIT Corp.

2021 Q4 Form 10-Q Financial Statement

#000179810021000065 Filed on October 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $17.81M $15.60M $9.650M
YoY Change 55.52% 61.69%
Cost Of Revenue $1.801M $1.737M $620.0K
YoY Change 46.42% 180.16%
Gross Profit $16.01M $13.87M $9.030M
YoY Change 56.46% 53.55%
Gross Profit Margin 89.89% 88.87% 93.58%
Selling, General & Admin $3.906M $3.776M $4.110M
YoY Change 11.6% -8.13%
% of Gross Profit 24.4% 27.23% 45.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.729M $8.100M $4.700M
YoY Change 83.22% 72.34% 74.07%
% of Gross Profit 60.78% 58.42% 52.05%
Operating Expenses $13.63M $11.85M $8.810M
YoY Change 55.12% 34.51%
Operating Profit $2.371M $2.016M $220.0K
YoY Change 64.65% 816.36%
Interest Expense -$1.007M $895.0K $1.018M
YoY Change 8.28% -12.08% -58.43%
% of Operating Profit -42.47% 44.39% 462.73%
Other Income/Expense, Net $431.0K $1.060M -$964.0K
YoY Change -4410.0% -209.96% 24.39%
Pretax Income $2.104M $2.944M -$2.341M
YoY Change -53.35% -225.76%
Income Tax $9.000K $0.00 $0.00
% Of Pretax Income 0.43% 0.0%
Net Earnings $2.033M $2.944M -$2.078M
YoY Change -51.94% -241.67% -24.16%
Net Earnings / Revenue 11.42% 18.87% -21.53%
Basic Earnings Per Share $0.07 -$0.11
Diluted Earnings Per Share $46.88K $0.07 -$0.11
COMMON SHARES
Basic Shares Outstanding 39.62M shares 39.56M shares 18.83M shares
Diluted Shares Outstanding 41.33M shares 18.83M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.603M $27.64M $137.0M
YoY Change -91.79% -79.82%
Cash & Equivalents $7.603M $27.64M $137.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $2.801M $2.773M $1.300M
Other Receivables $2.263M $1.889M $1.400M
Total Short-Term Assets $12.67M $32.31M $139.7M
YoY Change -86.74% -76.87%
LONG-TERM ASSETS
Property, Plant & Equipment $918.2M $776.2M $482.2M
YoY Change 70.8% 60.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.507M $1.827M $33.90M
YoY Change -78.08% -94.61%
Total Long-Term Assets $1.056B $895.2M $585.6M
YoY Change 67.5% 52.88%
TOTAL ASSETS
Total Short-Term Assets $12.67M $32.31M $139.7M
Total Long-Term Assets $1.056B $895.2M $585.6M
Total Assets $1.068B $927.5M $725.3M
YoY Change 47.21% 27.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $419.0K $1.845M $400.0K
YoY Change -53.44% 361.25%
Accrued Expenses $13.44M $5.103M $3.100M
YoY Change 273.28% 64.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.86M $6.948M $3.500M
YoY Change 207.93% 98.51%
LONG-TERM LIABILITIES
Long-Term Debt $238.3M $191.3M $174.0M
YoY Change 36.89% 9.93%
Other Long-Term Liabilities $26.44M $24.36M $19.00M
YoY Change 38.42% 28.21%
Total Long-Term Liabilities $264.8M $215.6M $193.0M
YoY Change 37.04% 11.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.86M $6.948M $3.500M
Total Long-Term Liabilities $264.8M $215.6M $193.0M
Total Liabilities $278.6M $222.6M $196.6M
YoY Change 40.9% 13.24%
SHAREHOLDERS EQUITY
Retained Earnings -$35.12M -$28.33M -$5.984M
YoY Change 370.51% 373.36%
Common Stock $442.0K $396.0K $257.0K
YoY Change 56.74% 54.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $779.2M $680.6M $447.1M
YoY Change
Total Liabilities & Shareholders Equity $1.068B $927.5M $725.3M
YoY Change 47.21% 27.88%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $2.033M $2.944M -$2.078M
YoY Change -51.94% -241.67% -24.16%
Depreciation, Depletion And Amortization $9.729M $8.100M $4.700M
YoY Change 83.22% 72.34% 74.07%
Cash From Operating Activities $12.27M $5.448M $3.900M
YoY Change 74.07% 39.69%
INVESTING ACTIVITIES
Capital Expenditures -$160.3M -$90.79M -$103.3M
YoY Change 95.52% -12.11%
Acquisitions
YoY Change
Other Investing Activities $2.181M $16.98M $2.570M
YoY Change -94.07% 560.66%
Cash From Investing Activities -$158.2M -$73.81M -$100.7M
YoY Change 249.85% -26.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 125.9M 7.863M 225.9M
YoY Change -2129.87% -96.52%
NET CHANGE
Cash From Operating Activities 12.27M 5.448M 3.900M
Cash From Investing Activities -158.2M -73.81M -100.7M
Cash From Financing Activities 125.9M 7.863M 225.9M
Net Change In Cash -20.04M -60.50M 129.0M
YoY Change -54.82% -146.89%
FREE CASH FLOW
Cash From Operating Activities $12.27M $5.448M $3.900M
Capital Expenditures -$160.3M -$90.79M -$103.3M
Free Cash Flow $172.6M $96.23M $107.2M
YoY Change 93.82% -10.23%

Facts In Submission

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NETSTREIT Corp.
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-281000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
153000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-817000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2854000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2188000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2965000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3609000 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 Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
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
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
9416000 USD
CY2021Q2 ntst Dividends Common Stock And Op Units
DividendsCommonStockAndOPUnits
8177000 USD
CY2021Q2 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
132000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1041000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-265000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-2630000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
709476000 USD
CY2021Q3 ntst Dividends Common Stock And Op Units
DividendsCommonStockAndOPUnits
8181000 USD
CY2021Q3 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
125000 USD
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
229000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1033000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
2944000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
704923000 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
CY2020Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-405000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
305132000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
18947000 USD
CY2020Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2000 USD
CY2020Q3 ntst Dividends Common Stock And Op Units
DividendsCommonStockAndOPUnits
2849000 USD
CY2020Q3 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
41000 USD
CY2020Q3 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
138000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1753000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-128000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-2341000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
528707000 USD
us-gaap Profit Loss
ProfitLoss
1055000 USD
us-gaap Profit Loss
ProfitLoss
-4298000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21078000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10153000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
471000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
464000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1289000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1077000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2623000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1753000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2452000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1070000 USD
ntst Gain Loss On Forfeited Earnest Money Deposit
GainLossOnForfeitedEarnestMoneyDeposit
0 USD
ntst Gain Loss On Forfeited Earnest Money Deposit
GainLossOnForfeitedEarnestMoneyDeposit
250000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3539000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1773000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3879000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4323000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2065000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2313000 USD
ntst Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-1000 USD
ntst Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-1893000 USD
ntst Payments For Lease Incentives
PaymentsForLeaseIncentives
4004000 USD
ntst Payments For Lease Incentives
PaymentsForLeaseIncentives
0 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19206000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5699000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
292046000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
327338000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
9512000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
1268000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
789000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
43000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
52000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
51000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
30436000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
11778000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-271963000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316922000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
227321000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
194161000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
54559000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
104000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21493000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2430000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
859000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
419000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
138000 USD
ntst Payments Of Restricted Stock Dividends
PaymentsOfRestrictedStockDividends
29000 USD
ntst Payments Of Restricted Stock Dividends
PaymentsOfRestrictedStockDividends
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
13000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
50000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
318000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
704000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
75000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
187758000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
278914000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-64999000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-32309000 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
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27644000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137010000 USD
us-gaap Interest Paid Net
InterestPaidNet
2118000 USD
us-gaap Interest Paid Net
InterestPaidNet
3484000 USD
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
5030000 USD
ntst Noncash Investing And Financing Activities Reclassification To Additional Paid In Capital
NoncashInvestingAndFinancingActivitiesReclassificationToAdditionalPaidInCapital
0 USD
ntst Noncash Investing And Financing Activities Reclassification To Additional Paid In Capital
NoncashInvestingAndFinancingActivitiesReclassificationToAdditionalPaidInCapital
4171000 USD
ntst Noncash Investing And Financing Activities Op Units Converted Into Common Stock
NoncashInvestingAndFinancingActivitiesOPUnitsConvertedIntoCommonStock
8914000 USD
ntst Noncash Investing And Financing Activities Op Units Converted Into Common Stock
NoncashInvestingAndFinancingActivitiesOPUnitsConvertedIntoCommonStock
0 USD
CY2021Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
382000 USD
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
41000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
88000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
ntst Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives
NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives
2063000 USD
CY2021Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
40 state
ntst Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives
NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives
128000 USD
ntst Conversion Of Building And Improvements And Change In Insurance Proceeds Receivable
ConversionOfBuildingAndImprovementsAndChangeInInsuranceProceedsReceivable
490000 USD
ntst Conversion Of Building And Improvements And Change In Insurance Proceeds Receivable
ConversionOfBuildingAndImprovementsAndChangeInInsuranceProceedsReceivable
0 USD
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
345000 USD
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
0 USD
CY2021Q3 ntst Number Of Single Tenant Retail Net Leased Properties Owned
NumberOfSingleTenantRetailNetLeasedPropertiesOwned
290 property
CY2021Q3 ntst Number Of Properties Under Development
NumberOfPropertiesUnderDevelopment
4 property
CY2019Q4 ntst Contributions To Operating Partnership
ContributionsToOperatingPartnership
219000000 USD
CY2019Q4 ntst Number Of Operating Partnership Units Received
NumberOfOperatingPartnershipUnitsReceived
11797645 shares
CY2020Q3 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
227300000 USD
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 September 30, 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>
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 have, and may continue to, negatively impact 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 or new variants are identified. 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 and nine months ended September 30, 2021 were not materially impacted by COVID-19. The Company has collected 100.0% of all rent payments for the three and nine months ended September 30, 2021. In addition, the Company has not provided for any rent abatements or deferrals since August 1, 2020 relating to 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%">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>
CY2021Q3 ntst Covid19 Contractual Base Rent Payments Received Percentage
COVID19ContractualBaseRentPaymentsReceivedPercentage
1.000
ntst Covid19 Contractual Base Rent Payments Received Percentage
COVID19ContractualBaseRentPaymentsReceivedPercentage
1.000
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8100000 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4700000 USD
CY2021Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
2500000 USD
CY2020Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1400000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
6500000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21100000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10200000 USD
CY2021Q3 us-gaap Depreciation
Depreciation
5600000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
3200000 USD
us-gaap Depreciation
Depreciation
14500000 USD
us-gaap Depreciation
Depreciation
7000000.0 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
3100000 USD
CY2021Q3 ntst Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
1 property
CY2020Q4 ntst Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
3 property
CY2021Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
363000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3539000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1773000 USD
CY2021Q3 ntst Number Of Properties Impaired
NumberOfPropertiesImpaired
0 property
CY2020Q3 ntst Number Of Properties Impaired
NumberOfPropertiesImpaired
2 property
ntst Number Of Properties Impaired
NumberOfPropertiesImpaired
3 property
ntst Number Of Properties Impaired
NumberOfPropertiesImpaired
4 property
CY2021Q3 ntst Number Of Properties Sold
NumberOfPropertiesSold
0 property
CY2020Q3 ntst Number Of Properties Sold
NumberOfPropertiesSold
0 property
ntst Business Combination Readiness And Other Costs
BusinessCombinationReadinessAndOtherCosts
0 USD
ntst Number Of Properties Sold
NumberOfPropertiesSold
3 property
ntst Number Of Properties Sold
NumberOfPropertiesSold
1 property
CY2021Q3 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
14800000 USD
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 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 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 and lease incentives 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%">Reserves for uncollectible amounts are provided against the portion of accounts receivable, net including straight-line rents, which are estimated to be uncollectible, which include a portfolio-based reserve and reserves for specific disputed amounts. Such reserves are reviewed each period based upon recovery experience and the specific facts of each outstanding amount. As of September 30, 2021 and December 31, 2020, there were no reserves for uncollectible amounts.</span></div>
CY2021Q3 ntst Business Combination Readiness And Other Costs
BusinessCombinationReadinessAndOtherCosts
0 USD
CY2020Q3 ntst Business Combination Readiness And Other Costs
BusinessCombinationReadinessAndOtherCosts
900000 USD
ntst Business Combination Readiness And Other Costs
BusinessCombinationReadinessAndOtherCosts
2200000 USD
CY2021Q3 ntst Business Combination Dead Deal And Other Costs
BusinessCombinationDeadDealAndOtherCosts
100000 USD
CY2020Q3 ntst Business Combination Dead Deal And Other Costs
BusinessCombinationDeadDealAndOtherCosts
400000 USD
ntst Business Combination Dead Deal And Other Costs
BusinessCombinationDeadDealAndOtherCosts
500000 USD
ntst Business Combination Dead Deal And Other Costs
BusinessCombinationDeadDealAndOtherCosts
800000 USD
CY2021Q3 ntst Number Of Tenants
NumberOfTenants
61 tenant
CY2021Q3 ntst Number Of Properties Leased
NumberOfPropertiesLeased
292 property
CY2020Q3 ntst Number Of Tenants
NumberOfTenants
56 tenant
CY2020Q3 ntst Number Of Properties Leased
NumberOfPropertiesLeased
190 property
ntst Number Of Tenants
NumberOfTenants
63 tenant
ntst Number Of Properties Leased
NumberOfPropertiesLeased
297 property
ntst Number Of Tenants
NumberOfTenants
56 tenant
ntst Number Of Properties Leased
NumberOfPropertiesLeased
190 property
CY2021Q3 ntst Number Of Single Tenant Retail Net Leased Properties Owned
NumberOfSingleTenantRetailNetLeasedPropertiesOwned
290 property
CY2021Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
40 state
CY2021Q3 ntst Number Of Brands In Which Tenants Represent
NumberOfBrandsInWhichTenantsRepresent
60 brand
CY2021Q3 ntst Number Of Retail Sectors In Which Tenants Represent
NumberOfRetailSectorsInWhichTenantsRepresent
22 retail_sector
CY2021Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
14010000 USD
CY2020Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
8975000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
37460000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
20833000 USD
CY2021Q3 us-gaap Variable Lease Income
VariableLeaseIncome
1434000 USD
CY2020Q3 us-gaap Variable Lease Income
VariableLeaseIncome
458000 USD
us-gaap Variable Lease Income
VariableLeaseIncome
3290000 USD
us-gaap Variable Lease Income
VariableLeaseIncome
1104000 USD
CY2021Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-182000 USD
CY2020Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-219000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-609000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-340000 USD
CY2021Q3 ntst Lease Incentives Income
LeaseIncentivesIncome
-23000 USD
CY2020Q3 ntst Lease Incentives Income
LeaseIncentivesIncome
0 USD
ntst Lease Incentives Income
LeaseIncentivesIncome
-26000 USD
ntst Lease Incentives Income
LeaseIncentivesIncome
0 USD
CY2021Q3 us-gaap Lease Income
LeaseIncome
15603000 USD
CY2020Q3 us-gaap Lease Income
LeaseIncome
9652000 USD
us-gaap Lease Income
LeaseIncome
41333000 USD
us-gaap Lease Income
LeaseIncome
22277000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
14805000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
59946000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
60092000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
60138000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
60025000 USD
CY2021Q3 ntst Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
365112000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
620118000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
121439000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12036000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
109403000 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
CY2021Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
24493000 USD
CY2021Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
2343000 USD
CY2021Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
22150000 USD
CY2020Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
17951000 USD
CY2020Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
1021000 USD
CY2020Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
16930000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1437000 USD
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2517000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6516000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3115000 USD
CY2021Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
528000 USD
CY2020Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
341000 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1332000 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
710000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue
NetAdjustmentToRentalRevenue
159000 USD
CY2020Q3 ntst Net Adjustment To Rental Revenue
NetAdjustmentToRentalRevenue
219000 USD
ntst Net Adjustment To Rental Revenue
NetAdjustmentToRentalRevenue
583000 USD
ntst Net Adjustment To Rental Revenue
NetAdjustmentToRentalRevenue
340000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue Year Three
NetAdjustmentToRentalRevenueYearThree
508000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue Year Four
NetAdjustmentToRentalRevenueYearFour
489000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2765000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11054000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10656000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10444000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10250000 USD
CY2021Q3 ntst Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
45300000 USD
CY2021Q3 ntst Finite Lived Intangible Assets Net Of Above Market Leases
FiniteLivedIntangibleAssetsNetOfAboveMarketLeases
90469000 USD
CY2021Q3 us-gaap Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
503000 USD
CY2021Q3 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
2014000 USD
CY2021Q3 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
2008000 USD
CY2021Q3 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
1989000 USD
CY2021Q3 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
1969000 USD
CY2021Q3 ntst Below Market Lease Amortization Income After Year Four
BelowMarketLeaseAmortizationIncomeAfterYearFour
13667000 USD
CY2021Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
22150000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue Remainder Of Fiscal Year
NetAdjustmentToRentalRevenueRemainderOfFiscalYear
113000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue Year One
NetAdjustmentToRentalRevenueYearOne
529000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue Year Two
NetAdjustmentToRentalRevenueYearTwo
523000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue After Year Four
NetAdjustmentToRentalRevenueAfterYearFour
1054000 USD
CY2021Q3 ntst Net Adjustment To Rental Revenue Net
NetAdjustmentToRentalRevenueNet
3216000 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
192000000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
175000000 USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
726000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
895000 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
897000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1198000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
190377000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
172907000 USD
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
356000 USD
CY2021Q3 us-gaap Derivative Assets
DerivativeAssets
2316000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
253000 USD
CY2021Q3 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
1424000 USD
CY2020Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
634000 USD
CY2021Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
2773000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1489000 USD
CY2021Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
1889000 USD
CY2020Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
1407000 USD
CY2021Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
2561000 USD
CY2021Q3 us-gaap Deferred Offering Costs
DeferredOfferingCosts
792000 USD
CY2020Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 USD
CY2021Q3 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
897000 USD
CY2020Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
1198000 USD
CY2021Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1419000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
387000 USD
CY2021Q3 us-gaap Other Assets
OtherAssets
14071000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
5724000 USD
CY2021Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
3813000 USD
CY2020Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
2035000 USD
CY2021Q3 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
1290000 USD
CY2020Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
1561000 USD
CY2021Q3 us-gaap Advance Rent
AdvanceRent
1343000 USD
CY2020Q4 us-gaap Advance Rent
AdvanceRent
1551000 USD
CY2021Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1845000 USD
CY2020Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
916000 USD
CY2021Q3 us-gaap Other Liabilities
OtherLiabilities
867000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
245000 USD
CY2021Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
9158000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
6308000 USD
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000.0 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
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.20
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7890000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.20
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7916000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.60
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
21493000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2094976 shares
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000.0 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
1400000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2600000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
2944000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-2341000 USD
us-gaap Profit Loss
ProfitLoss
1055000 USD
us-gaap Profit Loss
ProfitLoss
-4298000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
96000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-263000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
42000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-799000 USD
CY2021Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2020Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
36000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
42000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2848000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2114000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1013000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3541000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
96000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-263000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
42000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-799000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2944000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2377000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1055000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-4340000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39559605 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18825389 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35359551 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13771457 shares
CY2021Q3 ntst Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
1334571 shares
CY2020Q3 ntst Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
0 shares
ntst Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
1462419 shares
ntst Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
439403 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
286455 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41333579 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18825389 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37108425 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13771457 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2021Q3 ntst Insurance Deductible Amount
InsuranceDeductibleAmount
100000 USD
CY2021Q3 ntst Expected Investment In Real Estate Assets
ExpectedInvestmentInRealEstateAssets
16900000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
9500000 USD
ntst Remaining Funding Period Of Real Estate Assets
RemainingFundingPeriodOfRealEstateAssets
P5M
CY2021Q3 ntst Gain Loss On Property Damages
GainLossOnPropertyDamages
-500000 USD
CY2021Q3 ntst Repair And Replacement Expenses
RepairAndReplacementExpenses
1300000 USD

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