$NTST
NETSTREIT Corp. Stock $ntst

$ntst Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000179810023000072 Filed on July 26, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$33.96M	$31.63M
YoY Change	35.77%	39.75%
Cost Of Revenue	$3.880M	$3.530M
YoY Change	52.82%	31.47%
Gross Profit	$30.08M	$28.10M
YoY Change	33.84%	40.86%
Gross Profit Margin	88.57%	88.84%
Selling, General & Admin	$5.130M	$5.260M
YoY Change	12.7%	8.12%
% of Gross Profit	17.05%	18.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.80M	$15.85M
YoY Change	17.91%	34.29%
% of Gross Profit	52.53%	56.39%
Operating Expenses	$20.94M	$21.11M
YoY Change	16.6%	27.03%
Operating Profit	$9.140M	$6.993M
YoY Change	102.44%	109.81%
Interest Expense	$3.946M	$5.521M
YoY Change	30.79%	262.75%
% of Operating Profit	43.17%	78.95%
Other Income/Expense, Net	-$3.206M	-$4.966M
YoY Change	11.55%	-1434.95%
Pretax Income	$4.254M	-$824.0K
YoY Change	167.55%	-139.18%
Income Tax	$15.00K	-$32.00K
% Of Pretax Income	0.35%
Net Earnings	$4.215M	-$791.0K
YoY Change	200.43%	-139.81%
Net Earnings / Revenue	12.41%	-2.5%
Basic Earnings Per Share	$0.06	-$0.01
Diluted Earnings Per Share	$0.06	-$0.01
COMMON SHARES
Basic Shares Outstanding	66.99M shares	60.86M shares
Diluted Shares Outstanding	68.05M shares	61.04M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.900M	$13.14M
YoY Change	-51.2%	-33.8%
Cash & Equivalents	$7.934M	$13.14M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$9.200M	$9.698M
Other Receivables	$117.0M	$115.0M
Total Short-Term Assets	$134.1M	$137.8M
YoY Change	85.38%	82.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.480B	$1.380B
YoY Change	24.33%	26.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$46.50M	$44.59M
YoY Change	56.43%	733.36%
Total Long-Term Assets	$1.729B	$1.610B
YoY Change	23.37%	24.39%
TOTAL ASSETS
Total Short-Term Assets	$134.1M	$137.8M
Total Long-Term Assets	$1.729B	$1.610B
Total Assets	$1.863B	$1.748B
YoY Change	26.41%	27.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.000M	$2.792M
YoY Change	830.23%	40.94%
Accrued Expenses	$23.60M	$20.21M
YoY Change	72.89%	54.09%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$27.60M	$23.00M
YoY Change	96.02%	52.36%
LONG-TERM LIABILITIES
Long-Term Debt	$571.5M	$486.6M
YoY Change	39.02%	18.26%
Other Long-Term Liabilities	$33.80M	$33.58M
YoY Change	-13.28%	1.16%
Total Long-Term Liabilities	$605.3M	$520.2M
YoY Change	34.49%	16.99%
TOTAL LIABILITIES
Total Short-Term Liabilities	$27.60M	$23.00M
Total Long-Term Liabilities	$605.3M	$520.2M
Total Liabilities	$633.0M	$543.2M
YoY Change	36.37%	18.15%
SHAREHOLDERS EQUITY
Retained Earnings	-$100.0M	-$90.33M
YoY Change	70.23%	80.86%
Common Stock	$687.0K	$670.0K
YoY Change	25.14%	33.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.221B	$1.195B
YoY Change
Total Liabilities & Shareholders Equity	$1.863B	$1.748B
YoY Change	26.41%	27.61%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$4.215M	-$791.0K
YoY Change	200.43%	-139.81%
Depreciation, Depletion And Amortization	$15.80M	$15.85M
YoY Change	17.91%	34.29%
Cash From Operating Activities	$17.11M	$19.59M
YoY Change	3.97%	47.33%
INVESTING ACTIVITIES
Capital Expenditures	$119.1M	$113.2M
YoY Change	-191.76%	-194.04%
Acquisitions
YoY Change
Other Investing Activities	-$130.0K	-$10.93M
YoY Change	-100.34%	-68.95%
Cash From Investing Activities	-$119.2M	-$124.1M
YoY Change	29.66%	-20.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	96.88M	111.1M
YoY Change	34.89%	-29.44%
NET CHANGE
Cash From Operating Activities	17.11M	19.59M
Cash From Investing Activities	-119.2M	-124.1M
Cash From Financing Activities	96.88M	111.1M
Net Change In Cash	-5.210M	6.544M
YoY Change	42.35%	-56.84%
FREE CASH FLOW
Cash From Operating Activities	$17.11M	$19.59M
Capital Expenditures	$119.1M	$113.2M
Free Cash Flow	-$102.0M	-$93.60M
YoY Change	-169.74%	-170.03%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssets
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssets
CY2022Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2023Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	66991597	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	66991597	shares
	us-gaap	Interest Expense InterestExpense	2691000	usd
CY2023Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	68000	usd
CY2022Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	36000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	220000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	36000	usd
CY2023Q1	ntst	Dividends Common Stock And Op Units DividendsCommonStockAndOPUnits	11751000	usd
CY2023Q1	us-gaap	Dividends Share Based Compensation Cash DividendsShareBasedCompensationCash	122000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1027000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-5979000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1095622000	usd
CY2023Q2	ntst	Dividends Common Stock And Op Units DividendsCommonStockAndOPUnits	12275000	usd
CY2023Q2	us-gaap	Dividends Share Based Compensation Cash DividendsShareBasedCompensationCash	128000	usd
CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	8000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1252000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	6388000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-792000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1204595000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	789815000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	75497000	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	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	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
CY2022Q2	ntst	Dividends Common Stock And Op Units DividendsCommonStockAndOPUnits	9692000	usd
CY2022Q2	us-gaap	Dividends Share Based Compensation Cash DividendsShareBasedCompensationCash	149000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1298000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1338000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	2010000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	909852000	usd
	us-gaap	Profit Loss ProfitLoss	689000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	30795000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	22730000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	615000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	314000	usd
	ntst	Amortization Of Above And Below Market Assumed Debt AmortizationOfAboveAndBelowMarketAssumedDebt	57000	usd
	ntst	Amortization Of Above And Below Market Assumed Debt AmortizationOfAboveAndBelowMarketAssumedDebt	0	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	839000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	1427000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	2279000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	2344000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	296000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	2019000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	2836000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1114000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-128000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	ntst	Gain Loss On Involuntary Conversion Of Building And Improvements GainLossOnInvoluntaryConversionOfBuildingAndImprovements	47000	usd
	ntst	Gain Loss On Involuntary Conversion Of Building And Improvements GainLossOnInvoluntaryConversionOfBuildingAndImprovements	0	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2227000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3325000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1628000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1057000	usd
	ntst	Payments For Lease Incentives PaymentsForLeaseIncentives	1223000	usd
	ntst	Payments For Lease Incentives PaymentsForLeaseIncentives	400000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	34395000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	22250000	usd
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	163934000	usd
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	207289000	usd
	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	19426000	usd
	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	8016000	usd
	ntst	Payments For Investment In Mortgage Loan Receivable PaymentsForInvestmentInMortgageLoanReceivable	61422000	usd
	ntst	Payments For Investment In Mortgage Loan Receivable PaymentsForInvestmentInMortgageLoanReceivable	46466000	usd
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	1066000	usd
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	39659000	usd
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	23000	usd
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	0	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	19299000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	12177000	usd
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	47000	usd
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-226525000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-289253000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	167439000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	125497000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	23823000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	18476000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	203000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	213000	usd
	ntst	Payments Of Restricted Stock Dividends PaymentsOfRestrictedStockDividends	93000	usd
	ntst	Payments Of Restricted Stock Dividends PaymentsOfRestrictedStockDividends	106000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	63000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	0	usd
	ntst	Proceeds From Property Development Incentives ProceedsFromPropertyDevelopmentIncentives	0	usd
	ntst	Proceeds From Property Development Incentives ProceedsFromPropertyDevelopmentIncentives	605000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	221000000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	245000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	228000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	72000000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	368000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	363000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	185000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	694000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	977000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	134727000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	279250000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-57403000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	12247000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	13140000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	19850000	usd
	us-gaap	Interest Paid Net InterestPaidNet	2345000	usd
	ntst	Deferred Offering Costs Incurred But Not Yet Paid DeferredOfferingCostsIncurredButNotYetPaid	121000	usd
	ntst	Deferred Offering Costs Incurred But Not Yet Paid DeferredOfferingCostsIncurredButNotYetPaid	0	usd
	ntst	Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives	409000	usd
	ntst	Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives	7549000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3858000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2848000	usd
	ntst	Accrued Lease Incentives Incurred But Not Yet Received AccruedLeaseIncentivesIncurredButNotYetReceived	0	usd
	ntst	Accrued Lease Incentives Incurred But Not Yet Received AccruedLeaseIncentivesIncurredButNotYetReceived	500000	usd
CY2023Q2	ntst	Number Of Properties Owned Or Invested NumberOfPropertiesOwnedOrInvested	525	property
CY2023Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	45	state
	ntst	Number Of Property Developments Under Construction NumberOfPropertyDevelopmentsUnderConstruction	23	property
	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. Actual results could differ from those estimates.</span></div>
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	2836000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1114000	usd
CY2023Q2	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	6	property
CY2022Q2	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	0	property
	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	6	property
	ntst	Number Of Properties Impaired NumberOfPropertiesImpaired	0	property
CY2023Q2	ntst	Number Of Properties Sold NumberOfPropertiesSold	0	property
CY2022Q2	ntst	Number Of Properties Sold NumberOfPropertiesSold	1	property
	ntst	Number Of Properties Sold NumberOfPropertiesSold	0	property
	ntst	Number Of Properties Sold NumberOfPropertiesSold	1	property
CY2023Q2	us-gaap	Restricted Cash RestrictedCash	1600000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	4700000	usd
	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%">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 facilities, amounts due under mortgage loans 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>
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
	ntst	Lessor Operating Lease Remaining Lease Term LessorOperatingLeaseRemainingLeaseTerm	P9Y4M24D
CY2023Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	26808000	usd
CY2022Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	19653000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	51531000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	37721000	usd
CY2023Q2	us-gaap	Variable Lease Income VariableLeaseIncome	2715000	usd
CY2022Q2	us-gaap	Variable Lease Income VariableLeaseIncome	2229000	usd
	us-gaap	Variable Lease Income VariableLeaseIncome	6252000	usd
	us-gaap	Variable Lease Income VariableLeaseIncome	4918000	usd
CY2023Q2	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-377000	usd
CY2022Q2	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-294000	usd
	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-789000	usd
	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-577000	usd
CY2023Q2	ntst	Lease Incentives Income LeaseIncentivesIncome	-193000	usd
CY2022Q2	ntst	Lease Incentives Income LeaseIncentivesIncome	-128000	usd
	ntst	Lease Incentives Income LeaseIncentivesIncome	-392000	usd
	ntst	Lease Incentives Income LeaseIncentivesIncome	-246000	usd
CY2023Q2	us-gaap	Lease Income LeaseIncome	29707000	usd
CY2022Q2	us-gaap	Lease Income LeaseIncome	22048000	usd
	us-gaap	Lease Income LeaseIncome	58180000	usd
	us-gaap	Lease Income LeaseIncome	42970000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	53208000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	108320000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	108298000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	105548000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	101245000	usd
CY2023Q2	ntst	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	557639000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	1034258000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	135000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	135000	usd
CY2022Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	135000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	271000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	270000	usd
CY2023Q2	us-gaap	Variable Lease Cost VariableLeaseCost	68000	usd
CY2023Q2	us-gaap	Variable Lease Cost VariableLeaseCost	68000	usd
CY2022Q2	us-gaap	Variable Lease Cost VariableLeaseCost	7000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	135000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	10000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4100000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	5300000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	285000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	617000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	636000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	653000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	670000	usd
CY2023Q2	ntst	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	3311000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	6172000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	868000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	5304000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.0325
CY2023Q2	ntst	Number Of Properties Owned Or Invested NumberOfPropertiesOwnedOrInvested	525	property
CY2023Q2	ntst	Number Of Properties Under Development NumberOfPropertiesUnderDevelopment	23	property
CY2023Q2	us-gaap	Real Estate Investments RealEstateInvestments	1600000000	usd
CY2023Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	45	state
	ntst	Asset Acquisition Number Of Properties Acquired AssetAcquisitionNumberOfPropertiesAcquired	48	property
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	163900000	usd
	us-gaap	Asset Acquisition Consideration Transferred Transaction Cost AssetAcquisitionConsiderationTransferredTransactionCost	1700000	usd
	ntst	Asset Acquisition Number Of Properties Acquired AssetAcquisitionNumberOfPropertiesAcquired	56	property
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	207300000	usd
	us-gaap	Asset Acquisition Consideration Transferred Transaction Cost AssetAcquisitionConsiderationTransferredTransactionCost	1900000	usd
CY2023Q2	ntst	Asset Acquisition Additions AssetAcquisitionAdditions	96217000	usd
CY2022Q2	ntst	Asset Acquisition Additions AssetAcquisitionAdditions	122209000	usd
	ntst	Asset Acquisition Additions AssetAcquisitionAdditions	163934000	usd
	ntst	Asset Acquisition Additions AssetAcquisitionAdditions	213629000	usd
CY2023Q2	ntst	Asset Acquisition Below Market Lease AssetAcquisitionBelowMarketLease	0	usd
CY2022Q2	ntst	Asset Acquisition Below Market Lease AssetAcquisitionBelowMarketLease	4893000	usd
	ntst	Asset Acquisition Below Market Lease AssetAcquisitionBelowMarketLease	0	usd
	ntst	Asset Acquisition Below Market Lease AssetAcquisitionBelowMarketLease	6316000	usd
CY2023Q2	ntst	Asset Acquisition Accounts Payable And Accrued Liabilities AssetAcquisitionAccountsPayableAndAccruedLiabilities	0	usd
CY2022Q2	ntst	Asset Acquisition Accounts Payable And Accrued Liabilities AssetAcquisitionAccountsPayableAndAccruedLiabilities	0	usd
	ntst	Asset Acquisition Accounts Payable And Accrued Liabilities AssetAcquisitionAccountsPayableAndAccruedLiabilities	0	usd
	ntst	Asset Acquisition Accounts Payable And Accrued Liabilities AssetAcquisitionAccountsPayableAndAccruedLiabilities	24000	usd
CY2023Q2	ntst	Asset Acquisition Assets Acquired And Liabilities Assumed Net AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet	96217000	usd
CY2022Q2	ntst	Asset Acquisition Assets Acquired And Liabilities Assumed Net AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet	117316000	usd
	ntst	Asset Acquisition Assets Acquired And Liabilities Assumed Net AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet	163934000	usd
	ntst	Asset Acquisition Assets Acquired And Liabilities Assumed Net AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet	207289000	usd
	ntst	Number Of Property Developments Under Construction NumberOfPropertyDevelopmentsUnderConstruction	23	property
CY2023Q2	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	17700000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	22200000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	11900000	usd
	ntst	Number Of Properties Developed NumberOfPropertiesDeveloped	2	property
	us-gaap	Property Plant And Equipment Transfers And Changes PropertyPlantAndEquipmentTransfersAndChanges	14800000	usd
	ntst	Number Of Property Developments Under Construction NumberOfPropertyDevelopmentsUnderConstruction	23	property
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	300000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	100000	usd
CY2023Q2	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	107893000	usd
CY2022Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	46316000	usd
CY2023Q2	ntst	Unamortized Loan Commitment And Origination Fees UnamortizedLoanCommitmentAndOriginationFees	-6000	usd
CY2022Q4	ntst	Unamortized Loan Commitment And Origination Fees UnamortizedLoanCommitmentAndOriginationFees	-62000	usd
CY2023Q2	ntst	Unamortized Discounts Or Premiums UnamortizedDiscountsOrPremiums	141000	usd
CY2022Q4	ntst	Unamortized Discounts Or Premiums UnamortizedDiscountsOrPremiums	0	usd
CY2023Q2	us-gaap	Loans And Leases Receivable Net Of Deferred Income LoansAndLeasesReceivableNetOfDeferredIncome	107758000	usd
CY2022Q4	us-gaap	Loans And Leases Receivable Net Of Deferred Income LoansAndLeasesReceivableNetOfDeferredIncome	46378000	usd
CY2023Q2	ntst	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	14	property
CY2022Q4	ntst	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	11	property
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	200050000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	41983000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	158067000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	183861000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	32855000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	151006000	usd
CY2023Q2	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	34027000	usd
CY2023Q2	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	6593000	usd
CY2023Q2	us-gaap	Below Market Lease Net BelowMarketLeaseNet	27434000	usd
CY2022Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	35596000	usd
CY2022Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	5465000	usd
CY2022Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	30131000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4809000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3807000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9479000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7435000	usd
CY2023Q2	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	768000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue NetAdjustmentToRentalRevenue	184000	usd
CY2023Q2	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	1434000	usd
CY2023Q2	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	2857000	usd
CY2023Q2	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	2835000	usd
CY2023Q2	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	2743000	usd
CY2023Q2	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	2671000	usd
CY2023Q2	ntst	Below Market Lease Amortization Income After Year Four BelowMarketLeaseAmortizationIncomeAfterYearFour	14894000	usd
CY2023Q2	us-gaap	Below Market Lease Net BelowMarketLeaseNet	27434000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue Remainder Of Fiscal Year NetAdjustmentToRentalRevenueRemainderOfFiscalYear	253000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue Year One NetAdjustmentToRentalRevenueYearOne	499000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue Year Two NetAdjustmentToRentalRevenueYearTwo	478000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue Year Three NetAdjustmentToRentalRevenueYearThree	387000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue Year Four NetAdjustmentToRentalRevenueYearFour	393000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue After Year Four NetAdjustmentToRentalRevenueAfterYearFour	-717000	usd
CY2023Q2	ntst	Net Adjustment To Rental Revenue Net NetAdjustmentToRentalRevenueNet	1293000	usd
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	489435000	usd
CY2023Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	2853000	usd
CY2023Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	2313000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	484269000	usd
CY2023Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	186000	usd
CY2022Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	101000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	371000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	201000	usd
CY2023Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	150000	usd
CY2022Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	56000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	301000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	113000	usd
CY2023Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	150000	usd
CY2022Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	46000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	284000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	103000	usd
CY2023Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	5521000	usd
CY2022Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	1522000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	9465000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	2691000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2023Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	9698000	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	7167000	usd
CY2023Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	6586000	usd
CY2022Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	5629000	usd
CY2023Q2	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3548000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3864000	usd
CY2023Q2	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	1251000	usd
CY2022Q4	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	185000	usd
CY2023Q2	us-gaap	Derivative Assets DerivativeAssets	24476000	usd
CY2022Q4	us-gaap	Derivative Assets DerivativeAssets	24067000	usd
CY2023Q2	us-gaap	Deferred Offering Costs DeferredOfferingCosts	809000	usd
CY2022Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	796000	usd
CY2023Q2	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	2313000	usd
CY2022Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	2685000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4052000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4235000	usd
CY2023Q2	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	1855000	usd
CY2022Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	1969000	usd
CY2023Q2	us-gaap	Interest Receivable InterestReceivable	664000	usd
CY2022Q4	us-gaap	Interest Receivable InterestReceivable	256000	usd
CY2023Q2	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1256000	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1204000	usd
CY2023Q2	us-gaap	Other Assets OtherAssets	56508000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	52057000	usd
CY2023Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	8689000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	5745000	usd
CY2023Q2	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	1030000	usd
CY2022Q4	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	1305000	usd
CY2023Q2	us-gaap	Advance Rent AdvanceRent	4177000	usd
CY2022Q4	us-gaap	Advance Rent AdvanceRent	2937000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	5304000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5464000	usd
CY2023Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2667000	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1782000	usd
CY2023Q2	us-gaap	Deferred Rent Credit DeferredRentCredit	2517000	usd
CY2022Q4	us-gaap	Deferred Rent Credit DeferredRentCredit	1756000	usd
CY2023Q2	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	2792000	usd
CY2022Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1394000	usd
CY2023Q2	us-gaap	Other Liabilities OtherLiabilities	1888000	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	2157000	usd
CY2023Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	29064000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	22540000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.20
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	11650000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.20
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	12173000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.40
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	23823000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.20
CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	8888000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2022Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.20
CY2022Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9588000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.40
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.40
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	18476000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	200000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	200000	usd
CY2023Q2	ntst	Op Unit Conversion Ratio OPUnitConversionRatio	1
CY2023Q2	ntst	Op Unit Conversion Ratio OPUnitConversionRatio	1
CY2023Q2	ntst	Op Unit Conversion Ratio OPUnitConversionRatio	1
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	2094976	shares
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1300000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2300000	usd
CY2020Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost	1400000	usd
CY2023Q2	ntst	Op Unit Conversion Ratio OPUnitConversionRatio	1
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-792000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	2010000	usd
	us-gaap	Profit Loss ProfitLoss	689000	usd
	us-gaap	Profit Loss ProfitLoss	3976000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	23000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	8000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	47000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-791000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1987000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	681000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3929000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	23000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	8000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	47000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-792000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	2010000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	689000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	3976000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61043531	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48140041	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	59600630	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	46279122	shares
CY2023Q2	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	0	shares
CY2022Q2	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	527539	shares
	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	509588	shares
	ntst	Incremental Common Shares Attributable To Dilutive Effect Of Op Units IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits	539054	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	235295	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	164322	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	264784	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Equity Forward Agreements IncrementalCommonSharesAttributableToEquityForwardAgreements	0	shares
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Equity Forward Agreements IncrementalCommonSharesAttributableToEquityForwardAgreements	48958	shares
	us-gaap	Incremental Common Shares Attributable To Equity Forward Agreements IncrementalCommonSharesAttributableToEquityForwardAgreements	20194	shares
	us-gaap	Incremental Common Shares Attributable To Equity Forward Agreements IncrementalCommonSharesAttributableToEquityForwardAgreements	194508	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	61043531	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48951833	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	60294734	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	47277468	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	507773	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	152785	shares
CY2023Q2	ntst	Tenant Improvement Allowance Commitment TenantImprovementAllowanceCommitment	4100000	usd
CY2023Q2	ntst	Tenant Improvement Allowance Commitment Period TenantImprovementAllowanceCommitmentPeriod	P2Y
CY2023Q2	ntst	Expected Investment In Real Estate Assets ExpectedInvestmentInRealEstateAssets	27900000	usd
	ntst	Remaining Funding Period Of Real Estate Assets RemainingFundingPeriodOfRealEstateAssets	P12M

Files In Submission

Name	View Source	Status
0001798100-23-000072-index-headers.html	Edgar Link	pending
0001798100-23-000072-index.html	Edgar Link	pending
0001798100-23-000072.txt	Edgar Link	pending
0001798100-23-000072-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ntst-20230630.htm	Edgar Link	pending
ntst-20230630.xsd	Edgar Link	pending
ntstform2q23xex311x302xmark.htm	Edgar Link	pending
ntstform2q23xex312x302xdan.htm	Edgar Link	pending
ntstform2q23xex321x906xmark.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
ntst-20230630_cal.xml	Edgar Link	unprocessable
ntst-20230630_def.xml	Edgar Link	unprocessable
ntst-20230630_lab.xml	Edgar Link	unprocessable
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ntst-20230630_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NTST
NETSTREIT Corp. Stock $ntst

2023 Q3 Form 10-Q Financial Statement

#000179810023000072 Filed on July 26, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTST NETSTREIT Corp. Stock $ntst

2023 Q3 Form 10-Q Financial Statement

#000179810023000072 Filed on July 26, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTST
NETSTREIT Corp. Stock $ntst