VEREIT Office Assets, Mortgage Notes Payable, Net - Narrative (Details) $ in Thousands |
Dec. 31, 2021
USD ($)
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Dec. 31, 2020
USD ($)
property
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Debt Instrument [Line Items] | ||
Mortgages outstanding | $ 616,847 | $ 37,052 |
Weighted average interest rate | 2.77% | |
Mortgages payable assumed in connection with acquisitions | ||
Debt Instrument [Line Items] | ||
Mortgages outstanding | $ 0 | 37,052 |
VEREIT Office Assets | Mortgages payable assumed in connection with acquisitions | ||
Debt Instrument [Line Items] | ||
Mortgages outstanding | 217,600 | |
Unamortized premium, net | 100 | |
Debt issuance costs, net | $ 300 | |
Weighted average interest rate | 4.64% | |
Number of real estate properties used as collateral | property | 12 | |
Net carrying value of collateralized properties | $ 368,400 | |
Fair value of debt | $ 222,500 |
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- Definition Number Of Real Estate Properties Used As Debt Collateral No definition available.
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- Definition Amount of assets pledged to secure a debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount, after accumulated amortization, of debt premium. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average interest rate of debt outstanding. No definition available.
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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