Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2022

Noncontrolling Interest [Abstract]

Schedule of the change in the carrying value of all noncontrolling interests

The following table represents the change in the carrying value of all noncontrolling interests through December 31, 2022 (dollars in thousands):

	Realty Income, L.P. units (1)		Other Noncontrolling Interests		Total
Carrying value at December 31, 2020	$	24,100	$	8,147	$	32,247
Contributions	36,975		6,415		43,390
Issued in merger	3,160		—		3,160
Orion divestiture	(1,352)		—		(1,352)
Reallocation of equity	(42)		—		(42)
Distributions	(1,574)		(294)		(1,868)
Allocation of net income	1,149		142		1,291
Carrying value at December 31, 2021	$	62,416	$	14,410	$	76,826
Contributions	51,221		—		51,221
Distributions	(3,818)		(307)		(4,125)
Allocation of net income	2,772		236		3,008
Reallocation of equity	3,210		—		3,210
Carrying value at December 31, 2022	$	115,801	$	14,339	$	130,140

(1)  In September 2022, we issued 734,458 common partnership units in Realty Income, L.P. in connection with the acquisition of nine properties and recorded $51.2 million of contributions to noncontrolling interests. 1,795,167 and 1,060,709 units were outstanding as of December 31, 2022 and 2021, respectively.