Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

All classes of common shares are allocated net income/(loss) at the same rate per share and receive the same gross distribution per share.

	Year Ended December 31, 2023		From Inception Through December 31, 2022
Net loss	$	(21,004)	$	(881)
Net loss (income) attributable to non-controlling interests	1,097		(503)
Net loss attributable to ORENT	$	(19,907)	$	(1,384)
Net loss attributable to dilutive OP units	(1,097)		—
Net loss attributable to Net Lease Trust - dilutive	(21,004)		—
Weighted average number of common shares outstanding - basic	143,668,975		45,918,641
Effect of dilutive unvested restricted Class I shares	16,212		—
Effect of dilutive OP units	28,477,258		—
Weighted average number of common shares outstanding - dilutive	172,162,445		45,918,641
Net loss per common share - basic	$	(0.14)	$	(0.03)
Net loss per common share - diluted	$	(0.12)	$	(0.03)