Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION (Details)

v3.23.1
ORGANIZATION (Details)
ft² in Millions
3 Months Ended
Jan. 30, 2021
USD ($)
property
shares
Mar. 31, 2023
USD ($)
ft²
state
property
Mar. 31, 2022
USD ($)
Dec. 31, 2021
property
Oct. 28, 2020
Real Estate [Line Items]          
Number of master leases | property 2        
Number of real estate properties encumbered | property   21      
Number of states operated in | state   36      
Square feet of leasable space | ft²   17.5      
Asset purchase agreement, consideration $ 1,000,000,000        
Trust certificates issued (in shares) | shares 75,000,000        
Related party, annual service fee   $ 100      
Related party, expenses   $ 25,000 $ 25,000    
Management agreement term   24 months      
Management agreement automatic renewal term   6 months      
Base management fee percentage   5.75%      
Base management fee, monthly amount   $ 333,000      
Closing fee per DC property sold   50,000      
Base management fees   1,475,000 1,591,000    
Base management fees payable   491,000 530,000    
Asset management fees   $ 15,000 $ 143,000    
PropCos          
Real Estate [Line Items]          
Ownership percentage by parent 100.00%        
Senior Notes | First Lien Notes | Old Copper          
Real Estate [Line Items]          
Interest rate         5.875%
Credit Facility | First Lien Notes          
Real Estate [Line Items]          
Asset purchase agreement, debt assumed $ 100,000,000        
Credit Facility | DIP Facility          
Real Estate [Line Items]          
Asset purchase agreement, debt assumed $ 900,000,000        
Retail          
Real Estate [Line Items]          
Number of real estate properties | property 160 132      
Warehouse          
Real Estate [Line Items]          
Number of real estate properties | property 6        
Number of real estate properties sold, cumulative | property       6