Annual report pursuant to Section 13 and 15(d)

Cover

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Cover
$ in Thousands
 12 Months Ended
Dec. 31, 2023
USD ($)
shares
Cover [Abstract]  
Document Type 10-K/A
Document Annual Report true
Document Period End Date Dec. 31, 2023
Document Transition Report false
Entity File Number 000-56236
Entity Registrant Name Copper Property CTL Pass Through Trust
Entity Incorporation, State or Country Code NY
Entity Tax Identification Number 85-6822811
Entity Address, Address Line One 3 Second Street, Suite 206
Entity Address, City or Town Jersey City
Entity Address, State or Province NJ
Entity Address, Postal Zip Code 07311-4056
City Area Code (201)
Local Phone Number 839-2200
Entity Well-known Seasoned Issuer No
Entity Voluntary Filers No
Entity Current Reporting Status No
Entity Interactive Data Current Yes
Entity Filer Category Non-accelerated Filer
Entity Small Business false
Entity Emerging Growth Company true
Entity Ex Transition Period false
ICFR Auditor Attestation Flag false
Document Financial Statement Error Correction [Flag] false
Entity Shell Company false
Documents Incorporated by Reference None.
Entity Central Index Key 0001837671
Current Fiscal Year End Date --12-31
Document Fiscal Year Focus 2023
Document Fiscal Period Focus FY
Amendment Flag true
Entity Public Float | $ $ 0
Entity Common Stock, Shares Outstanding | shares 0
Amendment Description This Amendment No. 1 to the combined Annual Report on Form 10-K for the fiscal year ended December 31, 2023 of Copper Property CTL Pass Through Trust is filed for the sole purpose of amending Item 15 of Part IV to include the consolidated financial statements of Penney Intermediate Holdings LLC and its subsidiaries (collectively "Penney Intermediate Holdings LLC"), which were not available at the time the combined Annual Report on Form 10-K was initially filed. At December 31, 2023, our Properties leased to Penney Intermediate Holdings LLC constituted more than 20% of our assets and these properties were leased to Penney Intermediate Holdings LLC under long-term, triple-net leases that transfer substantially all operating costs to Penney Intermediate Holdings LLC and Penney Intermediate Holdings LLC’s financial statements may thus be material to investors. The audited financial statements of Penney Intermediate Holdings LLC as of February 3, 2024 and January 28, 2023, and for the years ended February 3, 2024 and January 28, 2023 are attached to this report as Exhibit 99.1. These financial statements were provided to us by Penney Intermediate Holdings LLC, and Copper Property CTL Pass Through Trust did not participate in their preparation or review.Other than as expressly set forth above, this Amendment does not, and does not purport to, update or restate the information in any other Item of the originally filed annual report. This Amendment consists solely of the preceding cover page, this explanatory note, the information required by Item 15 of Form 10-K as provided in Exhibit 99.1, an updated exhibit index, a signature page, and the certifications required to be filed as exhibits hereto.