2023 Q4 Form 10-K Financial Statement

#000156792524000009 Filed on March 06, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $45.91M $189.1M
YoY Change 4.58% 5.04%
Cost Of Revenue $20.20M
YoY Change 12.51%
Gross Profit $168.9M
YoY Change 4.22%
Gross Profit Margin 89.32%
Selling, General & Admin $12.89M $44.09M
YoY Change 10.15%
% of Gross Profit 26.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.96M $75.03M
YoY Change -3.42%
% of Gross Profit 44.43%
Operating Expenses $31.73M $118.4M
YoY Change 0.99%
Operating Profit $50.48M
YoY Change 12.67%
Interest Expense -$5.639M $23.11M
YoY Change -3.28% -197.22%
% of Operating Profit 45.78%
Other Income/Expense, Net
YoY Change
Pretax Income -$8.996M $24.04M
YoY Change -401.35%
Income Tax
% Of Pretax Income
Net Earnings -$8.996M $24.04M
YoY Change -74.12% -401.35%
Net Earnings / Revenue -19.59% 12.72%
Basic Earnings Per Share $0.11
Diluted Earnings Per Share -$0.16 $0.10
COMMON SHARES
Basic Shares Outstanding 227.2M shares
Diluted Shares Outstanding 229.0M shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $202.0M $202.0M
YoY Change 1463.98%
Cash & Equivalents $202.0M $202.0M
Short-Term Investments
Other Short-Term Assets $4.255M $4.255M
YoY Change 5.56%
Inventory
Prepaid Expenses
Receivables $55.65M $55.65M
Other Receivables $0.00 $0.00
Total Short-Term Assets $261.9M $261.9M
YoY Change 222.8%
LONG-TERM ASSETS
Property, Plant & Equipment $1.665B $1.665B
YoY Change -13.17%
Goodwill $17.70M
YoY Change -18.47%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.92M $19.92M
YoY Change -37.63%
Total Long-Term Assets $1.838B $1.838B
YoY Change -14.07%
TOTAL ASSETS
Total Short-Term Assets $261.9M $261.9M
Total Long-Term Assets $1.838B $1.838B
Total Assets $2.100B $2.100B
YoY Change -5.42% -5.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.69M $11.69M
YoY Change 86.59%
Accrued Expenses $4.425M $4.425M
YoY Change 12.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $32.73M $32.73M
YoY Change -0.42%
LONG-TERM LIABILITIES
Long-Term Debt $523.2M $523.2M
YoY Change -9.89%
Other Long-Term Liabilities $49.27M $49.27M
YoY Change -3.88%
Total Long-Term Liabilities $572.4M $572.4M
YoY Change -9.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.73M $32.73M
Total Long-Term Liabilities $572.4M $572.4M
Total Liabilities $605.1M $605.1M
YoY Change -8.96% -8.96%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $2.279M
YoY Change 0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.494B $1.494B
YoY Change
Total Liabilities & Shareholders Equity $2.100B $2.100B
YoY Change -5.42% -5.42%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$8.996M $24.04M
YoY Change -74.12% -401.35%
Depreciation, Depletion And Amortization $18.96M $75.03M
YoY Change -3.42%
Cash From Operating Activities $31.08M $128.9M
YoY Change 5.96%
INVESTING ACTIVITIES
Capital Expenditures $1.588M $73.00M
YoY Change -55.93%
Acquisitions $0.00
YoY Change
Other Investing Activities $257.9M $270.3M
YoY Change 1084.41%
Cash From Investing Activities $256.3M $197.3M
YoY Change -238.16%
FINANCING ACTIVITIES
Cash Dividend Paid $66.52M
YoY Change 1.85%
Common Stock Issuance & Retirement, Net $12.37M
YoY Change 34.25%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -99.96M -$137.1M
YoY Change -10333.51%
NET CHANGE
Cash From Operating Activities 31.08M $128.9M
Cash From Investing Activities 256.3M $197.3M
Cash From Financing Activities -99.96M -$137.1M
Net Change In Cash 187.5M $189.1M
YoY Change -1055.21%
FREE CASH FLOW
Cash From Operating Activities $31.08M $128.9M
Capital Expenditures $1.588M $73.00M
Free Cash Flow $29.50M $55.93M
YoY Change -227.22%

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Organization and Business Operations <div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sila Realty Trust, Inc., or the Company, is a Maryland corporation, headquartered in Tampa, Florida, that has elected, and currently qualifies, to be taxed as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes. The Company is primarily focused on investing in high quality healthcare assets across the continuum of care, which the Company believes typically generate predictable, durable and growing income streams. The Company may also make other real estate-related investments, which may include equity or debt interests in other real estate entities. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of the Company’s business is conducted through Sila Realty Operating Partnership, LP, a Delaware limited partnership, or the Operating Partnership. The Company is the sole general partner of the Operating Partnership and directly and indirectly owns 100% of the Operating Partnership.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Except as the context otherwise requires, the “Company” refers to Sila Realty Trust, Inc., the Operating Partnership and their wholly-owned subsidiaries.</span></div>
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15305000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
625000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
Organization and Business Operations <div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sila Realty Trust, Inc., or the Company, is a Maryland corporation, headquartered in Tampa, Florida, that has elected, and currently qualifies, to be taxed as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes. The Company is primarily focused on investing in high quality healthcare assets across the continuum of care, which the Company believes typically generate predictable, durable and growing income streams. The Company may also make other real estate-related investments, which may include equity or debt interests in other real estate entities. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of the Company’s business is conducted through Sila Realty Operating Partnership, LP, a Delaware limited partnership, or the Operating Partnership. The Company is the sole general partner of the Operating Partnership and directly and indirectly owns 100% of the Operating Partnership.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Except as the context otherwise requires, the “Company” refers to Sila Realty Trust, Inc., the Operating Partnership and their wholly-owned subsidiaries.</span></div>
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202185000 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
66515000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
65310000 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
465849000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-137129000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1340000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1398813000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
189102000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-19797000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-35029000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
44000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
395000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
21671000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
17361000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
38558000 usd
CY2022 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
24834000 usd
CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
27584000 usd
CY2023 cik0001567925 Increase Decrease In Accrued Distributions To Common Shareholders
IncreaseDecreaseInAccruedDistributionsToCommonShareholders
630000 usd
CY2022 cik0001567925 Increase Decrease In Accrued Distributions To Common Shareholders
IncreaseDecreaseInAccruedDistributionsToCommonShareholders
543000 usd
CY2021 cik0001567925 Increase Decrease In Accrued Distributions To Common Shareholders
IncreaseDecreaseInAccruedDistributionsToCommonShareholders
-1368000 usd
CY2023 cik0001567925 Increase Decrease In Accounts Payable And Other Liabilities Related To Capital Expenditures And Investments In Real Estate
IncreaseDecreaseInAccountsPayableAndOtherLiabilitiesRelatedToCapitalExpendituresAndInvestmentsInRealEstate
-1332000 usd
CY2022 cik0001567925 Increase Decrease In Accounts Payable And Other Liabilities Related To Capital Expenditures And Investments In Real Estate
IncreaseDecreaseInAccountsPayableAndOtherLiabilitiesRelatedToCapitalExpendituresAndInvestmentsInRealEstate
-3705000 usd
CY2021 cik0001567925 Increase Decrease In Accounts Payable And Other Liabilities Related To Capital Expenditures And Investments In Real Estate
IncreaseDecreaseInAccountsPayableAndOtherLiabilitiesRelatedToCapitalExpendituresAndInvestmentsInRealEstate
-243000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15305000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
625000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
Organization and Business Operations <div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sila Realty Trust, Inc., or the Company, is a Maryland corporation, headquartered in Tampa, Florida, that has elected, and currently qualifies, to be taxed as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes. The Company is primarily focused on investing in high quality healthcare assets across the continuum of care, which the Company believes typically generate predictable, durable and growing income streams. The Company may also make other real estate-related investments, which may include equity or debt interests in other real estate entities. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of the Company’s business is conducted through Sila Realty Operating Partnership, LP, a Delaware limited partnership, or the Operating Partnership. The Company is the sole general partner of the Operating Partnership and directly and indirectly owns 100% of the Operating Partnership.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Except as the context otherwise requires, the “Company” refers to Sila Realty Trust, Inc., the Operating Partnership and their wholly-owned subsidiaries.</span></div>
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
Organization and Business Operations <div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sila Realty Trust, Inc., or the Company, is a Maryland corporation, headquartered in Tampa, Florida, that has elected, and currently qualifies, to be taxed as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes. The Company is primarily focused on investing in high quality healthcare assets across the continuum of care, which the Company believes typically generate predictable, durable and growing income streams. The Company may also make other real estate-related investments, which may include equity or debt interests in other real estate entities. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of the Company’s business is conducted through Sila Realty Operating Partnership, LP, a Delaware limited partnership, or the Operating Partnership. The Company is the sole general partner of the Operating Partnership and directly and indirectly owns 100% of the Operating Partnership.</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Except as the context otherwise requires, the “Company” refers to Sila Realty Trust, Inc., the Operating Partnership and their wholly-owned subsidiaries.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span></div>
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32359000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53174000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
14735000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67909000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
202019000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span></div>
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32359000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53174000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
14735000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
202019000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32359000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202185000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span></div>
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53174000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
14735000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67909000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
202019000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32359000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202185000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span></div>
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32359000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
14735000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67909000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
202019000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32359000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
166000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202185000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13083000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32880000 usd
CY2023 cik0001567925 Period Of Notice Required For Changes To Share Repurchase Program
PeriodOfNoticeRequiredForChangesToShareRepurchaseProgram
P30D
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Period Of Notice Required For Changes To Share Repurchase Program
PeriodOfNoticeRequiredForChangesToShareRepurchaseProgram
P30D
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Period Of Notice Required For Changes To Share Repurchase Program
PeriodOfNoticeRequiredForChangesToShareRepurchaseProgram
P30D
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Share Repurchase Program Percentageof Outstanding Common Stock Maximum
ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum
0.050
CY2023 cik0001567925 Period Of Notice Required For Changes To Share Repurchase Program
PeriodOfNoticeRequiredForChangesToShareRepurchaseProgram
P30D
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
69822000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 cik0001567925 Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
2 property
CY2023 cik0001567925 Number Of Asset Acquisitions
NumberOfAssetAcquisitions
2 acquistion
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 cik0001567925 Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
2 property
CY2023 cik0001567925 Number Of Asset Acquisitions
NumberOfAssetAcquisitions
2 acquistion
CY2023 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
69822000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 cik0001567925 Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
2 property
CY2023 cik0001567925 Number Of Asset Acquisitions
NumberOfAssetAcquisitions
2 acquistion
CY2023 cik0001567925 Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
2 property
CY2023 cik0001567925 Number Of Asset Acquisitions
NumberOfAssetAcquisitions
2 acquistion
CY2023 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
69822000 usd
CY2023 cik0001567925 Asset Acquisition Assets Acquired
AssetAcquisitionAssetsAcquired
69822000 usd
CY2023 cik0001567925 Capitalized Acquisition Costs Additions
CapitalizedAcquisitionCostsAdditions
158000 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
270306000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
24252000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
47424000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
27837000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
671000 usd
CY2023 cik0001567925 Asset Acquisition Assets Acquired
AssetAcquisitionAssetsAcquired
69822000 usd
CY2023 cik0001567925 Capitalized Acquisition Costs Additions
CapitalizedAcquisitionCostsAdditions
158000 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
270306000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
24252000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
47424000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
27837000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
671000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
23284000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
1.75
CY2021Q3 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
392685000 usd
CY2021Q3 cik0001567925 Notes Payable Gross
NotesPayableGross
450806000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
167483000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y8M12D
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y9M18D
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23766000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27389000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23157000 usd
CY2023 cik0001567925 Asset Acquisition Assets Acquired
AssetAcquisitionAssetsAcquired
69822000 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
270306000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
24252000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
47424000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
27837000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
671000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
23284000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
17700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
1.75
CY2021Q3 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
392685000 usd
CY2021Q3 cik0001567925 Notes Payable Gross
NotesPayableGross
450806000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
167483000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y8M12D
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y9M18D
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23766000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27389000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23157000 usd
CY2023 cik0001567925 Asset Acquisition Assets Acquired
AssetAcquisitionAssetsAcquired
69822000 usd
CY2023 cik0001567925 Capitalized Acquisition Costs Additions
CapitalizedAcquisitionCostsAdditions
158000 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
270306000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
24252000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
47424000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
27837000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
671000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
23284000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
17700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
1.75
CY2021Q3 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
392685000 usd
CY2021Q3 cik0001567925 Notes Payable Gross
NotesPayableGross
450806000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
167483000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y8M12D
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y9M18D
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23766000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27389000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23157000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
23284000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4010000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1574000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
17700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
21710000 usd
CY2021Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
1.75
CY2021Q3 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
392685000 usd
CY2021Q3 cik0001567925 Notes Payable Gross
NotesPayableGross
450806000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
167483000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y8M12D
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y9M18D
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23766000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27389000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23157000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20351000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18362000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16815000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15238000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13704000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
50529000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20351000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18362000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16815000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15238000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13704000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
50529000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
7417000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
5923000 usd
CY2023 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P7Y4M24D
CY2022 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P8Y4M24D
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10452000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11946000 usd
CY2023 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1494000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1479000 usd
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1322000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1494000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
1475000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10452000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20351000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18362000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16815000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15238000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13704000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
50529000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
7417000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
5923000 usd
CY2023 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P7Y4M24D
CY2022 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P8Y4M24D
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10452000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11946000 usd
CY2023 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1494000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1479000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1494000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
1494000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
1475000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
1450000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
1146000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
3393000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20351000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18362000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16815000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15238000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13704000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
50529000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134999000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
7417000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
5923000 usd
CY2023 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P7Y4M24D
CY2022 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P8Y4M24D
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10452000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11946000 usd
CY2023 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1494000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1479000 usd
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1322000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1494000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
1494000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
1475000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
1450000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
1146000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
3393000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
7417000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
5923000 usd
CY2023 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P7Y4M24D
CY2022 cik0001567925 Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
P8Y4M24D
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10452000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11946000 usd
CY2023 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1494000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1479000 usd
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1322000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1494000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
1146000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
3393000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10452000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
177637000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
173816000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
168143000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
160868000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1675345000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
177637000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
173816000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
168143000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
165189000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
160868000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
829692000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1675345000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2746000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2768000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2715000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2681000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2692000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
118366000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
77208000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
41158000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P36Y6M
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
732000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
531000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1067000 usd
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
62457000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4089000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3865000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
17060000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
27990000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
177637000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
168143000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
165189000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
160868000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
829692000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1675345000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2746000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2768000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2715000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2681000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2692000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
104764000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
118366000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
77208000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
41158000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P36Y6M
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
732000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1067000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
79825000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
100167000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
7719000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
177637000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
173816000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
168143000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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27990000 usd
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1847000 shares
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968000 shares
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525000000 usd
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1847000 shares
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111 property
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525000000 usd
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2379000 usd
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165071000 usd
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1631875000 usd
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58862000 usd
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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2379000 usd
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165071000 usd
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1631875000 usd
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58862000 usd
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165071000 usd
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1631875000 usd
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58862000 usd
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157821000 usd
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517000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
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1855808000 usd
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2089200000 usd
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197134000 usd
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SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
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CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
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SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
56999000 usd
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8250000 usd
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227156000 usd
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209118000 usd
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165784000 usd
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517000 usd
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197134000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
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52404000 usd
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51584000 usd
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56999000 usd
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8250000 usd
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2507000 usd
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25957000 usd
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0 usd
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517000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
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227156000 usd
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209118000 usd
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165784000 usd
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517000 usd
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1855808000 usd
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165784000 usd
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RealEstateAccumulatedDepreciation
197134000 usd
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SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
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SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
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SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
56999000 usd
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CY2022 us-gaap Real Estate Accumulated Depreciation Other Deductions
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8250000 usd
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2507000 usd
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25957000 usd
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0 usd
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85325000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Other Additions
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CY2023Q4 us-gaap Real Estate Accumulated Depreciation
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227156000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
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209118000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
165784000 usd

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