| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 857,293 | 772,417 | 676,664 | 618,577 |
| Buildings and improvements | 1,695,969 | 1,590,714 | 1,471,002 | 1,416,931 |
| Total real estate, at cost | 2,553,262 | 2,363,131 | 2,147,666 | 2,035,508 |
| Less accumulated depreciation | 205,787 | 188,858 | 173,846 | 165,707 |
| Property under development | 10,880 | 5,500 | 1,794 | 1,782 |
| Real estate held for investment, net | 2,358,355 | 2,179,773 | 1,975,614 | 1,871,583 |
| Assets held for sale | 57,692 | 40,976 | 86,060 | 57,795 |
| Mortgage loans receivable, net | 130,325 | 142,464 | 138,307 | 152,779 |
| Cash, cash equivalents, and restricted cash | 11,058 | 14,467 | 53,324 | 19,740 |
| Lease intangible assets, net | 181,632 | 173,440 | 157,671 | 154,701 |
| Other assets, net | 70,766 | 63,076 | 56,958 | 55,116 |
| Total assets | 2,809,828 | 2,614,196 | 2,467,934 | 2,311,714 |
| Term loans, net | 1,143,284 | 1,093,331 | 1,092,746 | 795,976 |
| Revolving credit facility | 88,000 | 0 | 0 | 127,000 |
| Mortgage note payable, net | 7,801 | 7,814 | 7,824 | 7,834 |
| Lease intangible liabilities, net | 16,290 | 16,910 | 17,522 | 18,294 |
| Liabilities related to assets held for sale | 1,029 | 1,016 | 1,954 | 1,816 |
| Accrued expenses | NaN | 4,249 | NaN | NaN |
| Accrued bonus | NaN | 3,068 | NaN | NaN |
| Prepaid rent | NaN | 6,526 | NaN | NaN |
| Operating lease liability | NaN | 4,155 | NaN | NaN |
| Accrued interest | NaN | 4,642 | NaN | NaN |
| Deferred rent | NaN | 5,233 | NaN | NaN |
| Accounts payable | NaN | 1,218 | NaN | NaN |
| Derivative liability | NaN | 6,850 | NaN | NaN |
| Tenant improvement allowances | NaN | 3,975 | NaN | NaN |
| Other liabilities | NaN | 2,643 | NaN | NaN |
| Accounts payable, accrued expenses, and other liabilities | 42,003 | 42,559 | 41,957 | 37,249 |
| Total liabilities | 1,298,407 | 1,161,630 | 1,162,003 | 988,169 |
| Common stock, 0.01 par value, 400,000,000 shares authorized 97,253,523 and 93,070,533 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively | 973 | 931 | 835 | 835 |
| Additional paid-in capital | 1,769,473 | 1,701,572 | 1,540,070 | 1,538,592 |
| Distributions in excess of retained earnings | -267,741 | -251,926 | -235,097 | -217,589 |
| Accumulated other comprehensive income (loss) | 2,384 | -4,565 | -6,619 | -5,222 |
| Total stockholders equity | 1,505,089 | 1,446,012 | 1,299,189 | 1,316,616 |
| Noncontrolling interests | 6,332 | 6,554 | 6,742 | 6,929 |
| Total equity | 1,511,421 | 1,452,566 | 1,305,931 | 1,323,545 |
| Total liabilities and equity | 2,809,828 | 2,614,196 | 2,467,934 | 2,311,714 |
NETSTREIT Corp. (NTST)
NETSTREIT Corp. (NTST)