2024 Q1 Form 10-K Financial Statement

#000179810024000011 Filed on February 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $37.67M $36.86M $131.9M
YoY Change 27.91% 35.03% 37.0%
Cost Of Revenue $4.102M $5.063M $16.41M
YoY Change 4.22% 43.06% 40.34%
Gross Profit $33.57M $31.80M $115.5M
YoY Change 31.57% 33.84% 36.54%
Gross Profit Margin 89.11% 86.27% 87.56%
Selling, General & Admin $5.707M $4.877M $20.18M
YoY Change 16.26% -10.43% 5.89%
% of Gross Profit 17.0% 15.34% 17.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.54M $17.08M $63.68M
YoY Change 17.34% 22.52% 27.16%
% of Gross Profit 52.25% 53.7% 55.14%
Operating Expenses $23.25M $21.96M $83.85M
YoY Change 17.07% 13.27% 21.3%
Operating Profit $10.32M $9.845M $31.64M
YoY Change 82.45% 124.93% 104.7%
Interest Expense -$6.180M -$5.646M $19.06M
YoY Change -256.69% 62.57% 107.58%
% of Operating Profit -59.87% -57.35% 60.24%
Other Income/Expense, Net -$280.0K $166.0K -$17.26M
YoY Change -93.19% 74.74% 252.08%
Pretax Income $1.069M $1.973M $6.841M
YoY Change -25.66% -30.77% -20.46%
Income Tax $17.00K $11.00K -$49.00K
% Of Pretax Income 1.59% 0.56% -0.72%
Net Earnings $1.045M $1.941M $6.890M
YoY Change -29.01% -30.31% -16.03%
Net Earnings / Revenue 2.77% 5.27% 5.22%
Basic Earnings Per Share $0.01 $0.11
Diluted Earnings Per Share $0.01 $0.03 $0.11
COMMON SHARES
Basic Shares Outstanding 73.22M shares 68.70M shares 63.92M shares
Diluted Shares Outstanding 74.57M shares 64.67M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.33M $29.93M $29.93M
YoY Change 238.6% -57.57% -57.57%
Cash & Equivalents $22.33M $29.93M $29.93M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $10.81M $10.07M $10.07M
Other Receivables $135.1M $123.6M $123.6M
Total Short-Term Assets $168.3M $163.6M $163.6M
YoY Change 47.11% 25.88% 25.88%
LONG-TERM ASSETS
Property, Plant & Equipment $1.598B $1.544B $1.544B
YoY Change 20.69% 21.72% 21.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $66.07M $57.59M $57.59M
YoY Change 401.68% 88.5% 88.5%
Total Long-Term Assets $1.857B $1.783B $1.783B
YoY Change 22.75% 20.8% 20.8%
TOTAL ASSETS
Total Short-Term Assets $168.3M $163.6M $163.6M
Total Long-Term Assets $1.857B $1.783B $1.783B
Total Assets $2.026B $1.946B $1.946B
YoY Change 24.47% 21.21% 21.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.958M $4.691M $4.691M
YoY Change 44.29% 236.51% 236.51%
Accrued Expenses $16.65M $19.43M $19.43M
YoY Change 32.61% 55.23% 55.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.61M $24.12M $24.12M
YoY Change 34.25% 73.4% 73.4%
LONG-TERM LIABILITIES
Long-Term Debt $704.4M $609.8M $609.8M
YoY Change 47.57% 23.39% 23.39%
Other Long-Term Liabilities $32.41M $38.89M $38.89M
YoY Change -18.65% -0.71% -0.71%
Total Long-Term Liabilities $736.8M $648.7M $648.7M
YoY Change 42.47% 21.62% 21.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.61M $24.12M $24.12M
Total Long-Term Liabilities $736.8M $648.7M $648.7M
Total Liabilities $764.8M $672.8M $681.3M
YoY Change 43.82% 22.94% 22.35%
SHAREHOLDERS EQUITY
Retained Earnings -$126.3M -$112.3M
YoY Change 63.48% 67.73%
Common Stock $733.0K $732.0K
YoY Change 20.36% 26.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.261B $1.265B $1.265B
YoY Change
Total Liabilities & Shareholders Equity $2.026B $1.946B $1.946B
YoY Change 24.47% 21.21% 21.21%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $1.045M $1.941M $6.890M
YoY Change -29.01% -30.31% -16.03%
Depreciation, Depletion And Amortization $17.54M $17.08M $63.68M
YoY Change 17.34% 22.52% 27.16%
Cash From Operating Activities $11.65M $28.65M $80.16M
YoY Change -21.31% 139.89% 58.26%
INVESTING ACTIVITIES
Capital Expenditures $107.4M $116.8M $419.3M
YoY Change 53.06% 13.06% -6.49%
Acquisitions
YoY Change
Other Investing Activities $10.24M $10.60M -$32.67M
YoY Change -131.79% -34.39% 63.7%
Cash From Investing Activities -$97.20M -$106.2M -$452.0M
YoY Change -5.09% 21.85% -3.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$270.7M
YoY Change -2.01%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 77.96M 99.57M $331.2M
YoY Change 229.5% -23.16% -31.1%
NET CHANGE
Cash From Operating Activities 11.65M 28.65M $80.16M
Cash From Investing Activities -97.20M -106.2M -$452.0M
Cash From Financing Activities 77.96M 99.57M $331.2M
Net Change In Cash -7.595M 22.00M -$40.61M
YoY Change -88.12% -59.53% -164.53%
FREE CASH FLOW
Cash From Operating Activities $11.65M $28.65M $80.16M
Capital Expenditures $107.4M $116.8M $419.3M
Free Cash Flow -$95.79M -$88.18M -$339.1M
YoY Change 72.94% -3.51% -14.74%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 us-gaap Interest Expense
InterestExpense
19058000 usd
CY2022 us-gaap Interest Expense
InterestExpense
9181000 usd
CY2021 us-gaap Interest Expense
InterestExpense
3700000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
129000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001798100
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2022Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2023Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2023Q4 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
CY2023Q4 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
001-39443
CY2023 dei Entity Registrant Name
EntityRegistrantName
NETSTREIT Corp.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
84-3356606
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
2021 McKinney Avenue
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1150
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Dallas
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
75201
CY2023 dei City Area Code
CityAreaCode
972
CY2023 dei Local Phone Number
LocalPhoneNumber
200-7100
CY2023 dei Security12b Title
Security12bTitle
Common stock, par value $0.01 per share
CY2023 dei Trading Symbol
TradingSymbol
NTST
CY2023 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
false
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
1200000000 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
73221810 shares
CY2023Q4 us-gaap Land
Land
460896000 usd
CY2022Q4 us-gaap Land
Land
401146000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1149809000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
907084000 usd
CY2023Q4 ntst Real Estate Investment Property At Cost Excluding Property Under Development
RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment
1610705000 usd
CY2022Q4 ntst Real Estate Investment Property At Cost Excluding Property Under Development
RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment
1308230000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
101210000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
62526000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
29198000 usd
CY2022Q4 us-gaap Development In Process
DevelopmentInProcess
16796000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1538693000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1262500000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
93934000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
52451000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
23208000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
114472000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
46378000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29929000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70543000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
161354000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
151006000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
49337000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
52057000 usd
CY2023Q4 us-gaap Assets
Assets
1946236000 usd
CY2022Q4 us-gaap Assets
Assets
1605692000 usd
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
521912000 usd
CY2022Q4 us-gaap Unsecured Debt
UnsecuredDebt
373296000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
80000000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
113000000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
7883000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
7896000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
25353000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
30131000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
1158000 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
406000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
36498000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
22540000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
672804000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
547269000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
73207080 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
73207080 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
58031879 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
58031879 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
732000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
580000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1367505000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1091514000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-112276000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-66937000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8943000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
23673000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1264904000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1048830000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
8528000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
9593000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1273432000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1058423000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1946236000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1605692000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
123967000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
59140000 usd
CY2023 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7388000 usd
CY2022 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
2345000 usd
CY2021 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
0 usd
CY2023 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
550000 usd
CY2022 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
0 usd
CY2021 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
0 usd
CY2022 us-gaap Revenues
Revenues
96279000 usd
CY2021 us-gaap Revenues
Revenues
59140000 usd
CY2021 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
5803000 usd
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1175000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-128000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
752000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
131000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
431000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-17259000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4902000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-272000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6841000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8601000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3209000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-49000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
396000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
6890000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
8205000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
3150000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
53000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
88000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
104000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6837000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8117000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3046000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63922973 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49517977 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36999459 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64665439 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50431822 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38672565 shares
CY2023 us-gaap Profit Loss
ProfitLoss
6890000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
8205000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
3150000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-14822000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
19758000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4057000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-7932000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
27963000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
7207000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-39000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
296000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
273000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7893000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27667000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6934000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
528073000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
283145000 usd
CY2021 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 usd
CY2021 ntst Dividends Common Stock And Op Units
DividendsCommonStockAndOPUnits
31304000 usd
CY2021 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
513000 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
504000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3711000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4057000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
3150000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
789815000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
296162000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
18444000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
18444000 usd
CY2022 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 usd
CY2022 ntst Dividends Common Stock And Op Units
DividendsCommonStockAndOPUnits
39952000 usd
CY2022 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
522000 usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1477000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4878000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
19758000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
8205000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1058423000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
280908000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
9519000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
9519000 usd
CY2023 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 usd
CY2023 ntst Dividends Common Stock And Op Units
DividendsCommonStockAndOPUnits
52082000 usd
CY2023 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
503000 usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
688000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4825000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14822000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
6890000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1273432000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
6890000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
8205000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
3150000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
63677000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50075000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30807000 usd
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1730000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
862000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
627000 usd
CY2023 ntst Amortization Of Above And Below Market Assumed Debt
AmortizationOfAboveAndBelowMarketAssumedDebt
114000 usd
CY2022 ntst Amortization Of Above And Below Market Assumed Debt
AmortizationOfAboveAndBelowMarketAssumedDebt
29000 usd
CY2021 ntst Amortization Of Above And Below Market Assumed Debt
AmortizationOfAboveAndBelowMarketAssumedDebt
0 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1632000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2466000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1769000 usd
CY2023 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-2124000 usd
CY2022 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
0 usd
CY2021 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
0 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
4823000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
4758000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
3704000 usd
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1175000 usd
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4148000 usd
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2997000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7083000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1114000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3539000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-128000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 ntst Gain Loss On Involuntary Conversion Of Building And Improvements
GainLossOnInvoluntaryConversionOfBuildingAndImprovements
78000 usd
CY2022 ntst Gain Loss On Involuntary Conversion Of Building And Improvements
GainLossOnInvoluntaryConversionOfBuildingAndImprovements
126000 usd
CY2021 ntst Gain Loss On Involuntary Conversion Of Building And Improvements
GainLossOnInvoluntaryConversionOfBuildingAndImprovements
438000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1237000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6193000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1061000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3696000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1215000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1737000 usd
CY2023 ntst Payments For Lease Incentives
PaymentsForLeaseIncentives
1740000 usd
CY2022 ntst Payments For Lease Incentives
PaymentsForLeaseIncentives
2678000 usd
CY2021 ntst Payments For Lease Incentives
PaymentsForLeaseIncentives
5821000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80155000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
50647000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31478000 usd
CY2023 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
340451000 usd
CY2022 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
424794000 usd
CY2021 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
441328000 usd
CY2023 ntst Payments To Develop Real Estate Assets And Construction In Process
PaymentsToDevelopRealEstateAssetsAndConstructionInProcess
78798000 usd
CY2022 ntst Payments To Develop Real Estate Assets And Construction In Process
PaymentsToDevelopRealEstateAssetsAndConstructionInProcess
22402000 usd
CY2021 ntst Payments To Develop Real Estate Assets And Construction In Process
PaymentsToDevelopRealEstateAssetsAndConstructionInProcess
19896000 usd
CY2023 ntst Payments For Investment In Mortgage Loan Receivable
PaymentsForInvestmentInMortgageLoanReceivable
72429000 usd
CY2022 ntst Payments For Investment In Mortgage Loan Receivable
PaymentsForInvestmentInMortgageLoanReceivable
46466000 usd
CY2021 ntst Payments For Investment In Mortgage Loan Receivable
PaymentsForInvestmentInMortgageLoanReceivable
0 usd
CY2023 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
1482000 usd
CY2022 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
0 usd
CY2021 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
0 usd
CY2023 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
265000 usd
CY2022 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-868000 usd
CY2021 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
219000 usd
CY2023 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
35000 usd
CY2022 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1208000 usd
CY2021 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
732000 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
38465000 usd
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
25515000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
31119000 usd
CY2023 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
78000 usd
CY2022 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
126000 usd
CY2021 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
928000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-451953000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-468361000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-430128000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
271389000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
277718000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
283145000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
51675000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
39533000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30195000 usd
CY2023 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
407000 usd
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
419000 usd
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1109000 usd
CY2023 ntst Payments Of Restricted Stock Dividends
PaymentsOfRestrictedStockDividends
148000 usd
CY2022 ntst Payments Of Restricted Stock Dividends
PaymentsOfRestrictedStockDividends
339000 usd
CY2021 ntst Payments Of Restricted Stock Dividends
PaymentsOfRestrictedStockDividends
34000 usd
CY2023 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
138000 usd
CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
48000 usd
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
361000000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
515000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
150000000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
394000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
466000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
86000000 usd
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
150000000 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
200000000 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2023 ntst Proceeds From Property Development Incentives
ProceedsFromPropertyDevelopmentIncentives
0 usd
CY2022 ntst Proceeds From Property Development Incentives
ProceedsFromPropertyDevelopmentIncentives
755000 usd
CY2021 ntst Proceeds From Property Development Incentives
ProceedsFromPropertyDevelopmentIncentives
0 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
688000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1478000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
504000 usd
CY2023 ntst Payment Of Deferred Offering Costs
PaymentOfDeferredOfferingCosts
878000 usd
CY2022 ntst Payment Of Deferred Offering Costs
PaymentOfDeferredOfferingCosts
1220000 usd
CY2021 ntst Payment Of Deferred Offering Costs
PaymentOfDeferredOfferingCosts
1693000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3271000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3782000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
331184000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
480654000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
313610000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-40614000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
62940000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-85040000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70543000 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
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29929000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70543000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7603000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
18336000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
7218000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
2993000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
628000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
501000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
403000 usd
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
506000 usd
CY2023 ntst Deferred Financing Costs Incurred But Not Yet Paid
DeferredFinancingCostsIncurredButNotYetPaid
7000 usd
CY2022 ntst Deferred Financing Costs Incurred But Not Yet Paid
DeferredFinancingCostsIncurredButNotYetPaid
0 usd
CY2021 ntst Deferred Financing Costs Incurred But Not Yet Paid
DeferredFinancingCostsIncurredButNotYetPaid
0 usd
CY2023 ntst Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives
NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives
12698000 usd
CY2022 ntst Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives
NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives
19758000 usd
CY2021 ntst Noncash Investing And Financing Activities Unrealized Gain Loss On Derivatives
NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives
4057000 usd
CY2023 ntst Mortgage Loan Receivable Settled In Exchange
MortgageLoanReceivableSettledInExchange
4673000 usd
CY2022 ntst Mortgage Loan Receivable Settled In Exchange
MortgageLoanReceivableSettledInExchange
0 usd
CY2021 ntst Mortgage Loan Receivable Settled In Exchange
MortgageLoanReceivableSettledInExchange
0 usd
CY2023 us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
1837000 usd
CY2022 us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
0 usd
CY2021 us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
0 usd
CY2023 ntst Refinancing Of Mortgage Loan Receivable
RefinancingOfMortgageLoanReceivable
1327000 usd
CY2022 ntst Refinancing Of Mortgage Loan Receivable
RefinancingOfMortgageLoanReceivable
0 usd
CY2021 ntst Refinancing Of Mortgage Loan Receivable
RefinancingOfMortgageLoanReceivable
0 usd
CY2023 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
5686000 usd
CY2022 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
2473000 usd
CY2021 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
2962000 usd
CY2023 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2022 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
7913000 usd
CY2021 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2023 ntst Conversion Of Building And Improvements And Change In Insurance Proceeds Receivable
ConversionOfBuildingAndImprovementsAndChangeInInsuranceProceedsReceivable
0 usd
CY2022 ntst Conversion Of Building And Improvements And Change In Insurance Proceeds Receivable
ConversionOfBuildingAndImprovementsAndChangeInInsuranceProceedsReceivable
0 usd
CY2021 ntst Conversion Of Building And Improvements And Change In Insurance Proceeds Receivable
ConversionOfBuildingAndImprovementsAndChangeInInsuranceProceedsReceivable
490000 usd
CY2022 ntst Non Cash Lease Incentive Received
NonCashLeaseIncentiveReceived
900000 usd
CY2023 ntst Addition Of Operating Lease Right Of Use Asset
AdditionOfOperatingLeaseRightOfUseAsset
0 usd
CY2022 ntst Addition Of Operating Lease Right Of Use Asset
AdditionOfOperatingLeaseRightOfUseAsset
0 usd
CY2021 ntst Addition Of Operating Lease Right Of Use Asset
AdditionOfOperatingLeaseRightOfUseAsset
4493000 usd
CY2023Q4 ntst Number Of Single Tenant Retail Net Leased Properties Owned
NumberOfSingleTenantRetailNetLeasedPropertiesOwned
598 property
CY2023Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
45 state
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 ntst Lessor Operating Lease Remaining Lease Term
LessorOperatingLeaseRemainingLeaseTerm
P9Y6M
CY2023Q4 ntst Number Of Properties Under Development
NumberOfPropertiesUnderDevelopment
24 property
CY2023Q4 ntst Op Unit Conversion Ratio
OPUnitConversionRatio
1
CY2023 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 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 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>
CY2023 us-gaap Depreciation
Depreciation
44402000 usd
CY2022 us-gaap Depreciation
Depreciation
33883000 usd
CY2021 us-gaap Depreciation
Depreciation
21073000 usd
CY2023 us-gaap Adjustment For Amortization
AdjustmentForAmortization
19275000 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
16192000 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
9734000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
63677000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50075000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30807000 usd
CY2023Q4 ntst Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
23 property
CY2022Q4 ntst Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
11 property
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7083000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1114000 usd
CY2019Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3539000 usd
CY2023 ntst Number Of Properties Impaired
NumberOfPropertiesImpaired
14 property
CY2022 ntst Number Of Properties Impaired
NumberOfPropertiesImpaired
0 property
CY2019Q4 ntst Number Of Properties Impaired
NumberOfPropertiesImpaired
0 property
CY2023 ntst Number Of Properties Sold
NumberOfPropertiesSold
4 property
CY2022 ntst Number Of Properties Sold
NumberOfPropertiesSold
1 property
CY2019Q4 ntst Number Of Properties Sold
NumberOfPropertiesSold
3 property
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
11500000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
4700000 usd
CY2023 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Revenue Recognition and Related Matters</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The Company’s rental revenue is primarily related to rent received from tenants under leases accounted for as operating leases. Rent from leases that have fixed and determinable rent increases is recognized on a straight-line basis over the non-cancellable initial term of the lease and reasonably certain renewal periods, from the later of the date of the commencement of the lease or the date of acquisition of the property subject to the lease. The difference between rental revenue recognized and the cash rent due under the provisions of the lease is recorded as deferred rent receivable and included as a component of other assets in the 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>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.
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
8 loan
CY2023 ntst Business Combination Dead Deal And Other Costs
BusinessCombinationDeadDealAndOtherCosts
500000 usd
CY2022 ntst Business Combination Dead Deal And Other Costs
BusinessCombinationDeadDealAndOtherCosts
800000 usd
CY2021 ntst Business Combination Dead Deal And Other Costs
BusinessCombinationDeadDealAndOtherCosts
700000 usd
CY2023 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 the Company 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>
CY2023 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
110177000 usd
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
82836000 usd
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
53734000 usd
CY2023 us-gaap Variable Lease Income
VariableLeaseIncome
13179000 usd
CY2022 us-gaap Variable Lease Income
VariableLeaseIncome
10209000 usd
CY2021 us-gaap Variable Lease Income
VariableLeaseIncome
4743000 usd
CY2023 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1400000 usd
CY2022 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1430000 usd
CY2021 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-785000 usd
CY2023 ntst Lease Incentives Income
LeaseIncentivesIncome
-789000 usd
CY2022 ntst Lease Incentives Income
LeaseIncentivesIncome
-541000 usd
CY2021 ntst Lease Incentives Income
LeaseIncentivesIncome
-122000 usd
CY2023 us-gaap Lease Income
LeaseIncome
123967000 usd
CY2022 us-gaap Lease Income
LeaseIncome
93934000 usd
CY2021 us-gaap Lease Income
LeaseIncome
59140000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
119627000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
119673000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
117107000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
113188000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
106720000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
547052000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1123367000 usd
CY2021Q3 ntst Lessee Termination Options
LesseeTerminationOptions
1 terminationoption
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
542000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
542000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
306000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
110000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
617000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
636000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
653000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
670000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
689000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2623000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5888000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
784000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5104000 usd
CY2023Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0325
CY2023Q4 ntst Number Of Single Tenant Retail Net Leased Properties Owned
NumberOfSingleTenantRetailNetLeasedPropertiesOwned
598 property
CY2023Q4 ntst Number Of Properties Under Development
NumberOfPropertiesUnderDevelopment
24 property
CY2023Q4 us-gaap Real Estate Investments
RealEstateInvestments
1900000000 usd
CY2023Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
45 state
CY2023 ntst Number Of Properties Acquired
NumberOfPropertiesAcquired
103 property
CY2023 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
345100000 usd
CY2023 ntst Asset Acquisition Acquisition Related Costs
AssetAcquisitionAcquisitionRelatedCosts
3500000 usd
CY2022 ntst Number Of Properties Acquired
NumberOfPropertiesAcquired
105 property
CY2022 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
424800000 usd
CY2022 ntst Asset Acquisition Acquisition Related Costs
AssetAcquisitionAcquisitionRelatedCosts
4200000 usd
CY2023 ntst Asset Acquisition Additions
AssetAcquisitionAdditions
345124000 usd
CY2022 ntst Asset Acquisition Additions
AssetAcquisitionAdditions
443589000 usd
CY2023 ntst Asset Acquisition Below Market Lease
AssetAcquisitionBelowMarketLease
0 usd
CY2022 ntst Asset Acquisition Below Market Lease
AssetAcquisitionBelowMarketLease
10842000 usd
CY2023 ntst Asset Acquisition Noncurrent Liabilities Long Term Debt
AssetAcquisitionNoncurrentLiabilitiesLongTermDebt
0 usd
CY2022 ntst Asset Acquisition Noncurrent Liabilities Long Term Debt
AssetAcquisitionNoncurrentLiabilitiesLongTermDebt
7913000 usd
CY2023 ntst Asset Acquisition Accounts Payable And Accrued Liabilities
AssetAcquisitionAccountsPayableAndAccruedLiabilities
0 usd
CY2022 ntst Asset Acquisition Accounts Payable And Accrued Liabilities
AssetAcquisitionAccountsPayableAndAccruedLiabilities
40000 usd
CY2023 ntst Asset Acquisition Assets Acquired And Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet
345124000 usd
CY2022 ntst Asset Acquisition Assets Acquired And Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet
424794000 usd
CY2023 ntst Number Of Property Developments Under Construction
NumberOfPropertyDevelopmentsUnderConstruction
18 property
CY2023 ntst Number Of Properties Developed
NumberOfPropertiesDeveloped
27 property
CY2023 ntst Number Of Properties Developed Rent Commenced
NumberOfPropertiesDevelopedRentCommenced
21 property
CY2023 ntst Number Of Properties Developed
NumberOfPropertiesDeveloped
27 property
CY2023 ntst Number Of Properties Developed Rent Not Yet Commenced
NumberOfPropertiesDevelopedRentNotYetCommenced
6 property
CY2023 ntst Number Of Property Developments Under Construction
NumberOfPropertyDevelopmentsUnderConstruction
18 property
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1100000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
500000 usd
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
114530000 usd
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
46316000 usd
CY2023Q4 ntst Unamortized Loan Commitment And Origination Fees
UnamortizedLoanCommitmentAndOriginationFees
-58000 usd
CY2022Q4 ntst Unamortized Loan Commitment And Origination Fees
UnamortizedLoanCommitmentAndOriginationFees
-62000 usd
CY2023Q4 ntst Unamortized Discounts Or Premiums
UnamortizedDiscountsOrPremiums
116000 usd
CY2022Q4 ntst Unamortized Discounts Or Premiums
UnamortizedDiscountsOrPremiums
0 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
114472000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
46378000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
213094000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
51740000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
161354000 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
CY2023Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
33196000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
7843000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
25353000 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
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19203000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16153000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9704000 usd
CY2023 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
2975000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
2806000 usd
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1858000 usd
CY2023 ntst Net Adjustment To Rental Revenue
NetAdjustmentToRentalRevenue
611000 usd
CY2022 ntst Net Adjustment To Rental Revenue
NetAdjustmentToRentalRevenue
889000 usd
CY2021 ntst Net Adjustment To Rental Revenue
NetAdjustmentToRentalRevenue
686000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
2802000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
2780000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
2688000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
2616000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
2484000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
11983000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
25353000 usd
CY2023Q4 ntst Net Adjustment To Rental Revenue Year One
NetAdjustmentToRentalRevenueYearOne
361000 usd
CY2023Q4 ntst Net Adjustment To Rental Revenue Year Two
NetAdjustmentToRentalRevenueYearTwo
340000 usd
CY2023Q4 ntst Net Adjustment To Rental Revenue Year Three
NetAdjustmentToRentalRevenueYearThree
271000 usd
CY2023Q4 ntst Net Adjustment To Rental Revenue Year Four
NetAdjustmentToRentalRevenueYearFour
318000 usd
CY2023Q4 ntst Net Adjustment To Rental Revenue Year Five
NetAdjustmentToRentalRevenueYearFive
261000 usd
CY2023Q4 ntst Net Adjustment To Rental Revenue After Year Four
NetAdjustmentToRentalRevenueAfterYearFour
-1198000 usd
CY2023Q4 ntst Net Adjustment To Rental Revenue Net
NetAdjustmentToRentalRevenueNet
353000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
613361000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
496498000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3566000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2306000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1942000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2684000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
607853000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
491508000 usd
CY2023 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-2124000 usd
CY2022 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
0 usd
CY2021 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
0 usd
CY2023 us-gaap Interest Expense Debt
InterestExpenseDebt
19058000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
9181000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
3700000 usd
CY2023Q1 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
4 tenant
CY2023Q1 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
4 tenant
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
10074000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
7167000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
7744000 usd
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
5629000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1387000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3864000 usd
CY2023Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
450000 usd
CY2022Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
185000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
14442000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
24067000 usd
CY2023Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
1031000 usd
CY2022Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
796000 usd
CY2023Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
2724000 usd
CY2022Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
2685000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3866000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4235000 usd
CY2023Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1723000 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1969000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
1397000 usd
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
256000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
4499000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1204000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
49337000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
52057000 usd
CY2023Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
8826000 usd
CY2022Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
5745000 usd
CY2023Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
2575000 usd
CY2022Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
1305000 usd
CY2023Q4 us-gaap Advance Rent
AdvanceRent
3896000 usd
CY2022Q4 us-gaap Advance Rent
AdvanceRent
2937000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5104000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5464000 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2921000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1782000 usd
CY2023Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
3257000 usd
CY2022Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
1756000 usd
CY2023Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
4691000 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1394000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
3073000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
2155000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
2157000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
36498000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
22540000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.200
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
11650000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.200
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12173000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.205
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.205
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
13768000 usd
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.205
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.205
CY2022Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
14084000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.810
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.810
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
51675000 usd
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.200
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8888000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.200
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9588000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.200
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10073000 usd
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.200
CY2021Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10984000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.800
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.800
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
39533000 usd
CY2023 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
400000 usd
CY2023 ntst Common Stock Distributions Characterized As Ordinary Percent
CommonStockDistributionsCharacterizedAsOrdinaryPercent
0.7488
CY2022 ntst Common Stock Distributions Characterized As Ordinary Percent
CommonStockDistributionsCharacterizedAsOrdinaryPercent
0.6768
CY2021 ntst Common Stock Distributions Characterized As Ordinary Percent
CommonStockDistributionsCharacterizedAsOrdinaryPercent
0.3099
CY2023 ntst Common Stock Distributions Characterized As Nondividends Percent
CommonStockDistributionsCharacterizedAsNondividendsPercent
0.0502
CY2022 ntst Common Stock Distributions Characterized As Nondividends Percent
CommonStockDistributionsCharacterizedAsNondividendsPercent
0.0856
CY2021 ntst Common Stock Distributions Characterized As Nondividends Percent
CommonStockDistributionsCharacterizedAsNondividendsPercent
0.4901
CY2023 ntst Common Stock Distributions Characterized As Capital Gain Distributions Percent
CommonStockDistributionsCharacterizedAsCapitalGainDistributionsPercent
0.0110
CY2022 ntst Common Stock Distributions Characterized As Capital Gain Distributions Percent
CommonStockDistributionsCharacterizedAsCapitalGainDistributionsPercent
0.0376
CY2021 ntst Common Stock Distributions Characterized As Capital Gain Distributions Percent
CommonStockDistributionsCharacterizedAsCapitalGainDistributionsPercent
0
CY2023 ntst Total Common Stock Distributions Percent
TotalCommonStockDistributionsPercent
0.8100
CY2022 ntst Total Common Stock Distributions Percent
TotalCommonStockDistributionsPercent
0.8000
CY2021 ntst Total Common Stock Distributions Percent
TotalCommonStockDistributionsPercent
0.8000
CY2023Q4 ntst Op Unit Conversion Ratio
OPUnitConversionRatio
1
CY2023Q4 ntst Op Unit Conversion Ratio
OPUnitConversionRatio
1
CY2022Q4 ntst Op Unit Conversion Ratio
OPUnitConversionRatio
1
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2094976 shares
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4800000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3700000 usd
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
1400000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
6890000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
8205000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
3150000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
53000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
88000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
104000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6837000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8117000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3046000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
53000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
88000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
104000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6890000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8205000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3150000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63922973 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49517977 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36999459 shares
CY2023 ntst Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
501751 shares
CY2022 ntst Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
526859 shares
CY2021 ntst Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
1377335 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
165420 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
248602 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
295771 shares
CY2023 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
75295 shares
CY2022 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
138384 shares
CY2021 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64665439 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50431822 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38672565 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2023Q4 ntst Tenant Improvement Allowance Commitment
TenantImprovementAllowanceCommitment
4100000 usd
CY2023Q4 ntst Tenant Improvement Allowance Commitment Period
TenantImprovementAllowanceCommitmentPeriod
P2Y
CY2023 ntst Number Of Property Developments Under Construction
NumberOfPropertyDevelopmentsUnderConstruction
18 property
CY2023Q4 ntst Expected Investment In Real Estate Assets
ExpectedInvestmentInRealEstateAssets
35700000 usd
CY2023 ntst Remaining Funding Period Of Real Estate Assets
RemainingFundingPeriodOfRealEstateAssets
P12M
CY2023Q4 ntst Commitments To Extemd Mortgage Notes Receivable
CommitmentsToExtemdMortgageNotesReceivable
13700000 usd
CY2023 dei Auditor Name
AuditorName
KPMG LLP
CY2023 dei Auditor Location
AuditorLocation
Chicago, Illinois
CY2023 dei Auditor Firm
AuditorFirmId
185
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
8361000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
461265000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
1142488000 usd
CY2023Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
-369000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
7321000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
460896000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1149809000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1610705000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
101210000 usd
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
1600000000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1308230000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
926392000 usd
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
547733000 usd
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
306564000 usd
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
398177000 usd
CY2019Q4 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
393147000 usd
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
4098000 usd
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
2383000 usd
CY2019Q4 us-gaap Real Estate Improvements
RealEstateImprovements
1227000 usd
CY2023 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Under Development Completed And Placed In Service
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyUnderDevelopmentCompletedAndPlacedInService
64711000 usd
CY2022 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Under Development Completed And Placed In Service
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyUnderDevelopmentCompletedAndPlacedInService
22510000 usd
CY2019Q4 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Under Development Completed And Placed In Service
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyUnderDevelopmentCompletedAndPlacedInService
2909000 usd
CY2023 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications To Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsToHeldForSale
66762000 usd
CY2022 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications To Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsToHeldForSale
37880000 usd
CY2019Q4 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications To Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsToHeldForSale
1990000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
3509000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
1067000 usd
CY2019Q4 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
0 usd
CY2023 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Involuntary Conversion Of Assets
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateInvoluntaryConversionOfAssets
0 usd
CY2022 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Involuntary Conversion Of Assets
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateInvoluntaryConversionOfAssets
0 usd
CY2021 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Involuntary Conversion Of Assets
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateInvoluntaryConversionOfAssets
502000 usd
CY2023 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
2627000 usd
CY2022 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
2285000 usd
CY2019Q4 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
16132000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1610705000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1308230000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
926392000 usd
CY2022 ntst Gain Loss On Property Damages
GainLossOnPropertyDamages
-500000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
62526000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
30669000 usd
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
10111000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
44104000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
33584000 usd
CY2019Q4 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
21049000 usd
CY2023 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassifications To Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationsToHeldForSale
5154000 usd
CY2022 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassifications To Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationsToHeldForSale
1610000 usd
CY2019Q4 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassifications To Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationsToHeldForSale
35000 usd
CY2023 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationImpairment
63000 usd
CY2022 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationImpairment
0 usd
CY2019Q4 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationImpairment
0 usd
CY2023 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Involuntary Conversion Of Assets
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationInvoluntaryConversionOfAssets
0 usd
CY2022 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Involuntary Conversion Of Assets
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationInvoluntaryConversionOfAssets
0 usd
CY2019Q4 ntst Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Involuntary Conversion Of Assets
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationInvoluntaryConversionOfAssets
12000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
203000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
117000 usd
CY2019Q4 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
444000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
101210000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
62526000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
30669000 usd
CY2023 ntst Gain Loss On Property Damages
GainLossOnPropertyDamages
-500000 usd
CY2023Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
114530000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
114472000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
46378000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
0 usd
CY2023 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
72399000 usd
CY2022 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
46316000 usd
CY2023 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Addition For Exchange In Disposition
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditionForExchangeInDisposition
1970000 usd
CY2022 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Addition For Exchange In Disposition
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditionForExchangeInDisposition
0 usd
CY2023 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Addition For Settlement Exchange
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditionForSettlementExchange
1327000 usd
CY2022 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Addition For Settlement Exchange
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditionForSettlementExchange
0 usd
CY2023 ntst Capitalized Loan Origination Costs Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Addition For Capitalized Loan Costs
CapitalizedLoanOriginationCostsSECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditionForCapitalizedLoanCosts
145000 usd
CY2022 ntst Capitalized Loan Origination Costs Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Addition For Capitalized Loan Costs
CapitalizedLoanOriginationCostsSECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditionForCapitalizedLoanCosts
150000 usd
CY2023 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate New Mortgage Discounts
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateNewMortgageDiscounts
155000 usd
CY2022 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate New Mortgage Discounts
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateNewMortgageDiscounts
0 usd
CY2023 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Amortization Of Discount
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAmortizationOfDiscount
39000 usd
CY2022 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Amortization Of Discount
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAmortizationOfDiscount
0 usd
CY2023 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1482000 usd
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
0 usd
CY2023 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Cost Of Mortgage Settled
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateCostOfMortgageSettled
4673000 usd
CY2022 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Cost Of Mortgage Settled
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateCostOfMortgageSettled
0 usd
CY2023 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Refinance Settlement
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateRefinanceSettlement
1327000 usd
CY2022 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Refinance Settlement
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateRefinanceSettlement
0 usd
CY2023 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Loan Origination Amortization
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateLoanOriginationAmortization
149000 usd
CY2022 ntst Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Loan Origination Amortization
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateLoanOriginationAmortization
88000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
114472000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
46378000 usd

Files In Submission

Name View Source Status
0001798100-24-000011-index-headers.html Edgar Link pending
0001798100-24-000011-index.html Edgar Link pending
0001798100-24-000011.txt Edgar Link pending
0001798100-24-000011-xbrl.zip Edgar Link pending
consent.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
netstreit-clawbackpolicyfi.htm Edgar Link pending
ntst-20231231.htm Edgar Link pending
ntst-20231231.xsd Edgar Link pending
ntst-20231231_g1.jpg Edgar Link pending
ntst-20231231_g2.jpg Edgar Link pending
ntst-20231231_cal.xml Edgar Link unprocessable
ntst-20231231_def.xml Edgar Link unprocessable
ntst-20231231_lab.xml Edgar Link unprocessable
ntst-20231231_htm.xml Edgar Link completed
ntstformfy23xex311x302xmark.htm Edgar Link pending
ntstformfy23xex312x302xdan.htm Edgar Link pending
ntstformfy23xex321x906xmark.htm Edgar Link pending
ntstformfy23xex322x906xdan.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
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
ntst-20231231_pre.xml Edgar Link unprocessable