Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION (Details)

v3.23.2
ORGANIZATION (Details)
ft² in Millions
3 Months Ended 6 Months Ended
Jan. 30, 2021
USD ($)
shares
Jun. 30, 2023
USD ($)
ft²
property
state
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
ft²
property
state
Jun. 30, 2022
USD ($)
Dec. 31, 2021
property
Jan. 30, 2021
property
Jan. 30, 2021
Jan. 30, 2021
lease
Oct. 28, 2020
Real Estate [Line Items]                    
Number of master leases             2   2  
Number of real estate properties encumbered | property   21   21            
Number of states operated in | state   36   36            
Square feet of leasable space | ft²   17.5   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            
General and administrative expenses   $ 753,000 $ 2,068,000 $ 2,592,000 $ 4,626,000          
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   1,469,000 1,590,000 2,945,000 3,181,000          
Base management fees payable   490,000 530,000 490,000 530,000          
Asset management fees   0 0 15,000 143,000          
Related Party                    
Real Estate [Line Items]                    
General and administrative expenses   $ 25,000 $ 25,000 $ 50,000 $ 50,000          
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   132   132     160      
Warehouse                    
Real Estate [Line Items]                    
Number of real estate properties | property             6      
Number of real estate properties sold, cumulative | property           6