Realty Income Office Assets, Commitment and Contingencies |
9 Months Ended |
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Sep. 30, 2021 | |
| Realty Income Office Assets | |
| Entity Information [Line Items] | |
| Commitments and Contingencies |
Note 10 – Commitments and Contingencies
In the ordinary course of business, Realty Income Office Assets is party to various legal actions which are believed to be routine in nature and incidental to the operation of the business. Realty Income Office Assets believes that the outcome of the proceedings will not have a material adverse effect upon the combined financial position or results of operations.
Realty Income Office Assets has certain properties that are subject to ground leases, which are accounted for as operating leases.
At September 30, 2021, Realty Income Office Assets had commitments of $0.8 million for building improvements as well as $0.4 million for leasing commissions.
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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 The entire disclosure for commitments and contingencies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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