XML 63 R51.htm IDEA: XBRL DOCUMENT v3.24.3
Investments in Unconsolidated Real Estate Affiliates - Summary of Income Statement Information of STORE and Investments in Unconsolidated Real Estate Affiliates (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Jun. 05, 2023
USD ($)
property
Aug. 12, 2022
USD ($)
property
Nov. 30, 2023
USD ($)
asset
Sep. 30, 2023
USD ($)
Jul. 31, 2023
USD ($)
property
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Schedule of Equity Method Investments [Line Items]                    
Net income           $ 46,774 $ (17,793) $ 74,041 $ 363  
Carrying Amount of Investment           1,581,947   1,581,947   $ 705,628
ORENT's Share of Unconsolidated Entities' Income           22,811 13,152 96,205 29,926  
STORE                    
Schedule of Equity Method Investments [Line Items]                    
Total revenue           277,253 254,255 819,576 668,878  
Net income           $ 185,160 151,706 $ 530,267 404,928  
Oak Street NL Opportunity Credit REIT E LLC,                    
Schedule of Equity Method Investments [Line Items]                    
Capital contributed   $ 6,986                
STORE                    
Schedule of Equity Method Investments [Line Items]                    
Ownership Percentage           16.10%   16.10%    
Carrying Amount of Investment           $ 1,536,699   $ 1,536,699   675,944
ORENT's Share of Unconsolidated Entities' Income           $ 22,655 10,100 $ 90,897 25,352  
Blue Owl NL Opportunity Credit REIT E LLC ("Fleet Farm JV")                    
Schedule of Equity Method Investments [Line Items]                    
Ownership Percentage           49.10%   49.10%    
Carrying Amount of Investment           $ 5,646   $ 5,646   6,058
ORENT's Share of Unconsolidated Entities' Income           $ (232) 127 $ (58) 215  
Blue Owl NL Opportunity Credit Holdings REIT LLC ("Tenneco JV")                    
Schedule of Equity Method Investments [Line Items]                    
Ownership Percentage           50.90%   50.90%    
Carrying Amount of Investment           $ 28,092   $ 28,092   23,626
ORENT's Share of Unconsolidated Entities' Income           $ 691 2,925 $ 5,669 4,359  
CoreWeave JV                    
Schedule of Equity Method Investments [Line Items]                    
Ownership Percentage           14.30%   14.30%    
Carrying Amount of Investment           $ 11,510   $ 11,510   $ 0
ORENT's Share of Unconsolidated Entities' Income           $ (303) $ 0 $ (303) $ 0  
Oak Street NL Opportunity Credit REIT E LLC,                    
Schedule of Equity Method Investments [Line Items]                    
Ownership Percentage   49.10%                
Number of Properties | property   2                
Blue Owl NL Opportunity Credit Holdings REIT LLC                    
Schedule of Equity Method Investments [Line Items]                    
Ownership Percentage 50.90%                  
Capital contributed $ 41,738       $ 9,467          
Number of Properties | property 4       2          
Return of capital from investment in unconsolidated real estate affiliates     $ 30,487 $ 999            
Number of assets owned | asset     6