$NTST
NETSTREIT Corp. Stock $ntst

$ntst Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000179810022000073 Filed on April 28, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$21.33M	$11.93M
YoY Change	78.78%	116.55%
Cost Of Revenue	$2.932M	$950.0K
YoY Change	208.63%	227.59%
Gross Profit	$18.40M	$10.98M
YoY Change	67.58%	110.34%
Gross Profit Margin	86.26%	92.02%
Selling, General & Admin	$4.190M	$3.140M
YoY Change	33.44%	5.37%
% of Gross Profit	22.77%	28.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.00M	$5.900M
YoY Change	86.44%	156.52%
% of Gross Profit	59.78%	53.73%
Operating Expenses	$15.17M	$9.060M
YoY Change	67.44%	70.3%
Operating Profit	$3.230M	$1.920M
YoY Change	68.23%	-2020.0%
Interest Expense	$1.169M	$905.0K
YoY Change	29.17%	-46.73%
% of Operating Profit	36.19%	47.14%
Other Income/Expense, Net	-$1.008M	-$905.0K
YoY Change	11.38%	-37.54%
Pretax Income	$2.057M	$791.0K
YoY Change	160.05%	-150.97%
Income Tax	$91.00K	$50.00K
% Of Pretax Income	4.42%	6.32%
Net Earnings	$1.942M	$701.0K
YoY Change	177.03%	-162.2%
Net Earnings / Revenue	9.1%	5.87%
Basic Earnings Per Share	$0.04	$0.02
Diluted Earnings Per Share	$0.04	$0.02
COMMON SHARES
Basic Shares Outstanding	44.42M shares	28.35M shares
Diluted Shares Outstanding	45.60M shares	30.05M shares

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.687M	$13.70M
YoY Change	-65.79%	-90.86%
Cash & Equivalents	$4.687M	$13.72M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$4.147M	$2.100M
Other Receivables	$43.53M	$1.700M
Total Short-Term Assets	$52.37M	$17.50M
YoY Change	199.24%	-88.39%
LONG-TERM ASSETS
Property, Plant & Equipment	$994.2M	$611.4M
YoY Change	62.61%	108.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$11.63M	$19.20M
YoY Change	-39.42%	90.1%
Total Long-Term Assets	$1.147B	$719.8M
YoY Change	59.41%	109.9%
TOTAL ASSETS
Total Short-Term Assets	$52.37M	$17.50M
Total Long-Term Assets	$1.147B	$719.8M
Total Assets	$1.200B	$737.3M
YoY Change	62.73%	49.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.014M	$400.0K
YoY Change	153.5%	-80.95%
Accrued Expenses	$11.73M	$3.100M
YoY Change	278.29%	416.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$13.00M
YoY Change	-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$12.74M	$16.50M
YoY Change	-22.78%	511.11%
LONG-TERM LIABILITIES
Long-Term Debt	$294.4M	$174.2M
YoY Change	68.99%	0.11%
Other Long-Term Liabilities	$27.56M	$21.10M
YoY Change	30.59%	86.73%
Total Long-Term Liabilities	$321.9M	$195.3M
YoY Change	64.84%	5.4%
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.74M	$16.50M
Total Long-Term Liabilities	$321.9M	$195.3M
Total Liabilities	$334.7M	$211.8M
YoY Change	58.04%	-23.16%
SHAREHOLDERS EQUITY
Retained Earnings	-$42.19M	-$12.58M
YoY Change	235.34%
Common Stock	$479.0K	$285.0K
YoY Change	68.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$854.9M	$496.6M
YoY Change
Total Liabilities & Shareholders Equity	$1.200B	$737.3M
YoY Change	62.73%	49.36%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	$1.942M	$701.0K
YoY Change	177.03%	-162.2%
Depreciation, Depletion And Amortization	$11.00M	$5.900M
YoY Change	86.44%	156.52%
Cash From Operating Activities	$8.954M	$4.270M
YoY Change	109.7%	379.24%
INVESTING ACTIVITIES
Capital Expenditures	-$94.95M	-$89.57M
YoY Change	6.0%	20.76%
Acquisitions
YoY Change
Other Investing Activities	-$38.76M	-$450.0K
YoY Change	8513.78%	-16.67%
Cash From Investing Activities	-$133.7M	-$90.02M
YoY Change	48.53%	20.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	-$75.13M	$90.00K
YoY Change	-83582.22%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$121.8M	$6.825M
YoY Change	1685.17%	-87.45%
NET CHANGE
Cash From Operating Activities	$8.954M	$4.270M
Cash From Investing Activities	-$133.7M	-$90.02M
Cash From Financing Activities	$121.8M	$6.825M
Net Change In Cash	-$2.916M	-$78.93M
YoY Change	-96.31%	305.96%
FREE CASH FLOW
Cash From Operating Activities	$8.954M	$4.270M
Capital Expenditures	-$94.95M	-$89.57M
Free Cash Flow	$103.9M	$93.84M
YoY Change	10.72%	25.02%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001798100
CY2022Q1	dei	Amendment Flag AmendmentFlag	false
CY2022Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2021Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2022Q1	dei	Document Type DocumentType	10-Q
CY2022Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q1	dei	Document Period End Date DocumentPeriodEndDate	2022-03-31
CY2022Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q1	dei	Entity File Number EntityFileNumber	001-39443
CY2022Q1	dei	Entity Registrant Name EntityRegistrantName	NETSTREIT Corp.
CY2022Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2022Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-3356606
CY2022Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	2021 McKinney Avenue
CY2022Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 1150
CY2022Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2022Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2022Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75201
CY2022Q1	dei	City Area Code CityAreaCode	972
CY2022Q1	dei	Local Phone Number LocalPhoneNumber	200-7100
CY2022Q1	dei	Security12b Title Security12bTitle	Common stock, par value $0.01 per share
CY2022Q1	dei	Trading Symbol TradingSymbol	NTST
CY2022Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2022Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2022Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2022Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q1	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	47921988	shares
CY2022Q1	us-gaap	Land Land	313366000	USD
CY2021Q4	us-gaap	Land Land	299935000	USD
CY2022Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	693279000	USD
CY2021Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	626457000	USD
CY2022Q1	ntst	Real Estate Investment Property At Cost Excluding Property Under Development RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment	1006645000	USD
CY2021Q4	ntst	Real Estate Investment Property At Cost Excluding Property Under Development RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment	926392000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	37394000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	30669000	USD
CY2022Q1	us-gaap	Development In Process DevelopmentInProcess	18246000	USD
CY2021Q4	us-gaap	Development In Process DevelopmentInProcess	17896000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	987497000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	913619000	USD
CY2022Q1	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	7748000	USD
CY2021Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	2096000	USD
CY2022Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	40413000	USD
CY2021Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	0	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4687000	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7603000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	128856000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	124772000	USD
CY2022Q1	us-gaap	Other Assets OtherAssets	30528000	USD
CY2021Q4	us-gaap	Other Assets OtherAssets	20351000	USD
CY2022Q1	us-gaap	Assets Assets	1199729000	USD
CY2021Q4	us-gaap	Assets Assets	1068441000	USD
CY2022Q1	us-gaap	Secured Debt SecuredDebt	174386000	USD
CY2021Q4	us-gaap	Secured Debt SecuredDebt	174330000	USD
CY2022Q1	us-gaap	Line Of Credit LineOfCredit	120000000	USD
CY2021Q4	us-gaap	Line Of Credit LineOfCredit	64000000	USD
CY2022Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	24015000	USD
CY2021Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	23316000	USD
CY2022Q1	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	115000	USD
CY2021Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	0	USD
CY2022Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	16166000	USD
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	16980000	USD
CY2022Q1	us-gaap	Liabilities Liabilities	334682000	USD
CY2021Q4	us-gaap	Liabilities Liabilities	278626000	USD
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	47921988	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	47921988	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	44223050	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	44223050	shares
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	479000	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	442000	USD
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	886351000	USD
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	809724000	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-42193000	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-35119000	USD
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	10258000	USD
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	4123000	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	854895000	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	779170000	USD
CY2022Q1	us-gaap	Minority Interest MinorityInterest	10152000	USD
CY2021Q4	us-gaap	Minority Interest MinorityInterest	10645000	USD
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	865047000	USD
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	789815000	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1199729000	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1068441000	USD
CY2022Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	20921000	USD
CY2021Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	11932000	USD
CY2022Q1	us-gaap	Interest And Fee Income Loans Commercial And Residential Real Estate InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate	411000	USD
CY2021Q1	us-gaap	Interest And Fee Income Loans Commercial And Residential Real Estate InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate	0	USD
CY2022Q1	us-gaap	Revenues Revenues	21332000	USD
CY2021Q1	us-gaap	Revenues Revenues	11932000	USD
CY2022Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	2932000	USD
CY2021Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	950000	USD
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4190000	USD
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3137000	USD
CY2022Q1	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	10980000	USD
CY2021Q1	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	5929000	USD
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	69000	USD
CY2022Q1	ntst	Transaction Costs TransactionCosts	165000	USD
CY2021Q1	ntst	Transaction Costs TransactionCosts	151000	USD
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	18267000	USD
CY2021Q1	us-gaap	Costs And Expenses CostsAndExpenses	10236000	USD
CY2022Q1	us-gaap	Interest Expense InterestExpense	1169000	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	905000	USD
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	161000	USD
CY2021Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1008000	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-905000	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2057000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	791000	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	91000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	50000	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1966000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	24000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	40000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1942000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	701000	USD
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44415807	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28348975	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45600810	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30052940	shares
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1966000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	6211000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	2323000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	8177000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3064000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	100000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	164000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	8077000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2900000	USD
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	789815000	USD
CY2022Q1	ntst	Dividends Common Stock And Op Units DividendsCommonStockAndOPUnits	8997000	USD
CY2022Q1	us-gaap	Dividends Share Based Compensation Cash DividendsShareBasedCompensationCash	128000	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2022Q1	us-gaap	Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet	-362000	USD
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1045000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	6211000	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1966000	USD
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	865047000	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	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
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1966000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10980000	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5929000	USD
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	157000	USD
CY2021Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	157000	USD
CY2022Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	807000	USD
CY2021Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	430000	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1045000	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	557000	USD
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	161000	USD
CY2021Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	69000	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1484000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1109000	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2742000	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1644000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8954000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4270000	USD
CY2022Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	89973000	USD
CY2021Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	88225000	USD
CY2022Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	4378000	USD
CY2021Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	1346000	USD
CY2022Q1	ntst	Payments For Investment In Mortgage Loan Receivable PaymentsForInvestmentInMortgageLoanReceivable	40426000	USD
CY2021Q1	ntst	Payments For Investment In Mortgage Loan Receivable PaymentsForInvestmentInMortgageLoanReceivable	0	USD
CY2022Q1	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	630000	USD
CY2021Q1	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	451000	USD
CY2022Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	595000	USD
CY2021Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	0	USD
CY2022Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	2294000	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-133708000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-90022000	USD
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	75497000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	8888000	USD
CY2021Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	5687000	USD
CY2022Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	109000	USD
CY2021Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	307000	USD
CY2022Q1	ntst	Payments Of Restricted Stock Dividends PaymentsOfRestrictedStockDividends	106000	USD
CY2021Q1	ntst	Payments Of Restricted Stock Dividends PaymentsOfRestrictedStockDividends	5000	USD
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	128000000	USD
CY2021Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	13000000	USD
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	72000000	USD
CY2021Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
CY2022Q1	ntst	Proceeds From Property Development Incentives ProceedsFromPropertyDevelopmentIncentives	375000	USD
CY2022Q1	ntst	Number Of Single Tenant Retail Net Leased Properties Owned NumberOfSingleTenantRetailNetLeasedPropertiesOwned	363	property
CY2021Q1	ntst	Proceeds From Property Development Incentives ProceedsFromPropertyDevelopmentIncentives	0	USD
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	363000	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	90000	USD
CY2022Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	568000	USD
CY2021Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	86000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	121838000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6825000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2916000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-78927000	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7603000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	92643000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4687000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	13716000	USD
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	1108000	USD
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	758000	USD
CY2022Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	128000	USD
CY2021Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	132000	USD
CY2022Q1	ntst	Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives	6211000	USD
CY2021Q1	ntst	Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives	2323000	USD
CY2022Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	1418000	USD
CY2021Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	0	USD
CY2022Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	42	state
CY2022Q1	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, 2022 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>
CY2022Q1	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%">The ongoing COVID-19 pandemic, and the measures taken to limit its spread have negatively impacted the economy across many industries, including industries in which our tenants operate. The impacts may continue and/or increase in severity as the duration of the pandemic lengthens. The Company continues to monitor the global outbreak of COVID-19 and to take steps to mitigate the potential risks to us posed by the pandemic, including the identification and spread of variants. However, the Company’s operations and cash flows during the years presented in the consolidated financial statements were not materially impacted by COVID-19.</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, amounts due under the mortgage loan receivable, 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>
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11000000.0	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5900000	USD
CY2022Q1	us-gaap	Depreciation Depreciation	7300000	USD
CY2021Q1	us-gaap	Depreciation Depreciation	4100000	USD
CY2022Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	3600000	USD
CY2021Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	1800000	USD
CY2022Q1	ntst	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	1	property
CY2021Q4	ntst	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	1	property
CY2022Q1	ntst	Number Of Retail Sectors In Which Tenants Represent NumberOfRetailSectorsInWhichTenantsRepresent	23	retail_sector
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	69000	USD
CY2022Q1	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	0	property
CY2021Q1	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	1	property
CY2022Q1	ntst	Number Of Properties Sold NumberOfPropertiesSold	0	property
CY2021Q1	ntst	Number Of Properties Sold NumberOfPropertiesSold	0	property
CY2021Q4	us-gaap	Restricted Cash RestrictedCash	0	USD
CY2022Q1	us-gaap	Restricted Cash RestrictedCash	0	USD
CY2022Q1	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 </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%">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%">Reserves for uncollectible amounts are 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 specifically disputed amounts. Such reserves are reviewed each period based upon recovery experience and the specific facts of each outstanding amount. As of March 31, 2022 and December 31, 2021, the Company had an immaterial reserve for uncollectible amounts specific to uncharged reimbursable expenses.</span></div>
CY2022Q1	ntst	Lessor Operating Lease Remaining Lease Term LessorOperatingLeaseRemainingLeaseTerm	P9Y7M6D
CY2022Q1	ntst	Number Of Loans Receivable Held NumberOfLoansReceivableHeld	1	loan
CY2022Q1	ntst	Business Combination Dead Deal And Other Costs BusinessCombinationDeadDealAndOtherCosts	200000	USD
CY2022Q1	ntst	Number Of Tenants NumberOfTenants	71	tenant
CY2022Q1	ntst	Number Of Properties Leased NumberOfPropertiesLeased	354	property
CY2021Q1	ntst	Number Of Tenants NumberOfTenants	63	tenant
CY2021Q1	ntst	Number Of Properties Leased NumberOfPropertiesLeased	234	property
CY2022Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2022Q1	ntst	Number Of Single Tenant Retail Net Leased Properties Owned Excluding Properties In Development NumberOfSingleTenantRetailNetLeasedPropertiesOwnedExcludingPropertiesInDevelopment	361	property
CY2022Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	42	state
CY2022Q1	ntst	Number Of Brands In Which Tenants Represent NumberOfBrandsInWhichTenantsRepresent	71	brand
CY2022Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	18067000	USD
CY2021Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	10953000	USD
CY2022Q1	us-gaap	Variable Lease Income VariableLeaseIncome	2689000	USD
CY2021Q1	us-gaap	Variable Lease Income VariableLeaseIncome	789000	USD
CY2022Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-283000	USD
CY2021Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-190000	USD
CY2022Q1	ntst	Lease Incentives Income LeaseIncentivesIncome	-118000	USD
CY2021Q1	ntst	Lease Incentives Income LeaseIncentivesIncome	0	USD
CY2022Q1	us-gaap	Lease Income LeaseIncome	20921000	USD
CY2021Q1	us-gaap	Lease Income LeaseIncome	11932000	USD
CY2022Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	56738000	USD
CY2022Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	75995000	USD
CY2022Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	76606000	USD
CY2022Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	76332000	USD
CY2022Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	73436000	USD
CY2022Q1	ntst	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	406911000	USD
CY2022Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	766018000	USD
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	135000	USD
CY2021Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	0	USD
CY2022Q1	us-gaap	Variable Lease Cost VariableLeaseCost	3000	USD
CY2021Q1	us-gaap	Variable Lease Cost VariableLeaseCost	0	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	150000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	533000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	617000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	636000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	653000	USD
CY2022Q1	ntst	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	3981000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	6570000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	1090000	USD
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	5480000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.0325
CY2022Q1	ntst	Number Of Single Tenant Retail Net Leased Properties Owned NumberOfSingleTenantRetailNetLeasedPropertiesOwned	363	property
CY2022Q1	us-gaap	Real Estate Investments RealEstateInvestments	1150000000	USD
CY2022Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	42	state
CY2021Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	1300000	USD
CY2021Q1	ntst	Expected Investment In Real Estate Assets ExpectedInvestmentInRealEstateAssets	4400000	USD
CY2022Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	40300000	USD
CY2022Q1	ntst	Loan Receivable Stated Interest Rate LoanReceivableStatedInterestRate	0.060
CY2022Q1	ntst	Loan Origination Costs LoanOriginationCosts	100000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	148276000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	19420000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	128856000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	140410000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	15638000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	124772000	USD
CY2022Q1	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	27425000	USD
CY2022Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	3410000	USD
CY2022Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	24015000	USD
CY2021Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	26185000	USD
CY2021Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	2869000	USD
CY2021Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	23316000	USD
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3628000	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1792000	USD
CY2022Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	610000	USD
CY2021Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	373000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue NetAdjustmentToRentalRevenue	165000	USD
CY2021Q1	ntst	Net Adjustment To Rental Revenue NetAdjustmentToRentalRevenue	190000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	11242000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	13704000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	12933000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	12642000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	11430000	USD
CY2022Q1	ntst	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	46138000	USD
CY2022Q1	ntst	Finite Lived Intangible Assets Net Of Above Market Leases FiniteLivedIntangibleAssetsNetOfAboveMarketLeases	108089000	USD
CY2022Q1	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	1830000	USD
CY2022Q1	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	2375000	USD
CY2022Q1	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	2317000	USD
CY2022Q1	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	2294000	USD
CY2022Q1	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	2178000	USD
CY2022Q1	ntst	Below Market Lease Amortization Income After Year Four BelowMarketLeaseAmortizationIncomeAfterYearFour	13021000	USD
CY2022Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	24015000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue Remainder Of Fiscal Year NetAdjustmentToRentalRevenueRemainderOfFiscalYear	511000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue Year One NetAdjustmentToRentalRevenueYearOne	617000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue Year Two NetAdjustmentToRentalRevenueYearTwo	563000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue Year Three NetAdjustmentToRentalRevenueYearThree	541000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue Year Four NetAdjustmentToRentalRevenueYearFour	426000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue After Year Four NetAdjustmentToRentalRevenueAfterYearFour	590000	USD
CY2022Q1	ntst	Net Adjustment To Rental Revenue Net NetAdjustmentToRentalRevenueNet	3248000	USD
CY2022Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	295000000	USD
CY2021Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	239000000	USD
CY2022Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	613000	USD
CY2021Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	670000	USD
CY2022Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	696000	USD
CY2021Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	796000	USD
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	293691000	USD
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	237534000	USD
CY2022Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	4147000	USD
CY2021Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	2801000	USD
CY2022Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	2918000	USD
CY2021Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	2263000	USD
CY2022Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	2589000	USD
CY2021Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1473000	USD
CY2022Q1	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	1483000	USD
CY2021Q4	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	853000	USD
CY2022Q1	us-gaap	Derivative Assets DerivativeAssets	10520000	USD
CY2021Q4	us-gaap	Derivative Assets DerivativeAssets	4309000	USD
CY2022Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts	598000	USD
CY2021Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	615000	USD
CY2022Q1	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	696000	USD
CY2021Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	796000	USD
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4490000	USD
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4581000	USD
CY2022Q1	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	2212000	USD
CY2021Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	1657000	USD
CY2022Q1	us-gaap	Interest Receivable InterestReceivable	202000	USD
CY2021Q4	us-gaap	Interest Receivable InterestReceivable	0	USD
CY2022Q1	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	673000	USD
CY2021Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1003000	USD
CY2022Q1	us-gaap	Other Assets OtherAssets	30528000	USD
CY2021Q4	us-gaap	Other Assets OtherAssets	20351000	USD
CY2022Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	5851000	USD
CY2021Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	6254000	USD
CY2022Q1	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	396000	USD
CY2021Q4	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	1742000	USD
CY2022Q1	us-gaap	Advance Rent AdvanceRent	1791000	USD
CY2021Q4	us-gaap	Advance Rent AdvanceRent	1918000	USD
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	5480000	USD
CY2021Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5442000	USD
CY2022Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1014000	USD
CY2021Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	419000	USD
CY2022Q1	us-gaap	Other Liabilities OtherLiabilities	1634000	USD
CY2021Q4	us-gaap	Other Liabilities OtherLiabilities	1205000	USD
CY2022Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	16166000	USD
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	16980000	USD
CY2022Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.20
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	8888000	USD
CY2022Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	100000	USD
CY2020Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost	1400000	USD
CY2021Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	600000	USD
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	2094976	shares
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1000000.0	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1966000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	741000	USD
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	24000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	40000	USD
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1942000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	701000	USD
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	24000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	40000	USD
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1966000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	741000	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44415807	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28348975	shares
CY2022Q1	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	550673	shares
CY2021Q1	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	1616005	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	294272	shares
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	87960	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Equity Forward Agreements IncrementalCommonSharesAttributableToEquityForwardAgreements	340058	shares
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Equity Forward Agreements IncrementalCommonSharesAttributableToEquityForwardAgreements	0	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45600810	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30052940	shares
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02

Files In Submission

Name	View Source	Status
0001798100-22-000073-index-headers.html	Edgar Link	pending
0001798100-22-000073-index.html	Edgar Link	pending
0001798100-22-000073.txt	Edgar Link	pending
0001798100-22-000073-xbrl.zip	Edgar Link	pending
a101-planpostxinitialpubli.htm	Edgar Link	pending
a102r-incentivecompensatio.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ntst-20220331.htm	Edgar Link	pending
ntst-20220331.xsd	Edgar Link	pending
ntst-20220331_cal.xml	Edgar Link	unprocessable
ntst-20220331_def.xml	Edgar Link	unprocessable
ntst-20220331_htm.xml	Edgar Link	completed
ntst-20220331_lab.xml	Edgar Link	unprocessable
ntst-20220331_pre.xml	Edgar Link	unprocessable
ntstform1q22xex311x302xmark.htm	Edgar Link	pending
ntstform1q22xex312x302xandy.htm	Edgar Link	pending
ntstform1q22xex321x906xmark.htm	Edgar Link	pending
ntstform1q22xex322x906xandy.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
R63.htm	Edgar Link	pending
R64.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

2022 Q1 Form 10-Q Financial Statement

#000179810022000073 Filed on April 28, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTST NETSTREIT Corp. Stock $ntst

2022 Q1 Form 10-Q Financial Statement

#000179810022000073 Filed on April 28, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTST
NETSTREIT Corp. Stock $ntst