Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	5 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2023
Earnings Per Share [Abstract]
Net loss	$ (881)	$ (21,004)
Net loss (income) attributable to non-controlling interests	(503)	1,097
Net loss attributable to ORENT	(1,384)	(19,907)
Net loss attributable to dilutive OP units	0	(1,097)
Net loss attributable to Net Lease Trust - dilutive	$ 0	$ (21,004)
Weighted average number of common shares outstanding - basic (in shares)	45,918,641	143,668,975
Effect of diluted unvested restricted Class I shares (in shares)	0	16,212
Weighted average number of common shares outstanding - diluted (in shares)	45,918,641	172,162,445
Net loss per common share – basic (in USD per share)	$ (0.03)	$ (0.14)
Net loss per common share – diluted (in USD per share)	$ (0.03)	$ (0.12)
Effect of dilutive OP units (in shares)	0	28,477,258