3.26.1 html 169 285 1 false 60 0 false 13 false false R1.htm 0000001 - Document - Document and Entity Information Sheet http://www.innovativeindustrialproperties.com/role/DocumentandEntityInformation Document and Entity Information Cover 1 false false R2.htm 0000002 - Statement - Consolidated Balance Sheets Sheet http://www.innovativeindustrialproperties.com/role/ConsolidatedBalanceSheets Consolidated Balance Sheets Statements 2 false false R3.htm 0000003 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://www.innovativeindustrialproperties.com/role/ConsolidatedBalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 0000004 - Statement - Consolidated Statements of Income Sheet http://www.innovativeindustrialproperties.com/role/ConsolidatedStatementsofIncome Consolidated Statements of Income Statements 4 false false R5.htm 0000005 - Statement - Consolidated Statements of Stockholders' Equity Sheet http://www.innovativeindustrialproperties.com/role/ConsolidatedStatementsofStockholdersEquity Consolidated Statements of Stockholders' Equity Statements 5 false false R6.htm 0000006 - Statement - Consolidated Statements of Cash Flows Sheet http://www.innovativeindustrialproperties.com/role/ConsolidatedStatementsofCashFlows Consolidated Statements of Cash Flows Statements 6 false false R7.htm 0000007 - Disclosure - Organization Sheet http://www.innovativeindustrialproperties.com/role/Organization Organization Notes 7 false false R8.htm 0000008 - Disclosure - Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements Sheet http://www.innovativeindustrialproperties.com/role/SummaryofSignificantAccountingPoliciesandProceduresandRecentAccountingPronouncements Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements Notes 8 false false R9.htm 0000009 - Disclosure - Common Stock Sheet http://www.innovativeindustrialproperties.com/role/CommonStock Common Stock Notes 9 false false R10.htm 0000010 - Disclosure - Preferred Stock Sheet http://www.innovativeindustrialproperties.com/role/PreferredStock Preferred Stock Notes 10 false false R11.htm 0000011 - Disclosure - Dividends Sheet http://www.innovativeindustrialproperties.com/role/Dividends Dividends Notes 11 false false R12.htm 0000012 - Disclosure - Investments in Real Estate Sheet http://www.innovativeindustrialproperties.com/role/InvestmentsinRealEstate Investments in Real Estate Notes 12 false false R13.htm 0000013 - Disclosure - Life Science Investments Sheet http://www.innovativeindustrialproperties.com/role/LifeScienceInvestments Life Science Investments Notes 13 false false R14.htm 0000014 - Disclosure - Debt Sheet http://www.innovativeindustrialproperties.com/role/Debt Debt Notes 14 false false R15.htm 0000015 - Disclosure - Net Income Per Share Sheet http://www.innovativeindustrialproperties.com/role/NetIncomePerShare Net Income Per Share Notes 15 false false R16.htm 0000016 - Disclosure - Fair Value Sheet http://www.innovativeindustrialproperties.com/role/FairValue Fair Value Notes 16 false false R17.htm 0000017 - Disclosure - Common Stock Incentive Plan Sheet http://www.innovativeindustrialproperties.com/role/CommonStockIncentivePlan Common Stock Incentive Plan Notes 17 false false R18.htm 0000018 - Disclosure - Commitments and Contingencies Sheet http://www.innovativeindustrialproperties.com/role/CommitmentsandContingencies Commitments and Contingencies Notes 18 false false R19.htm 0000019 - Disclosure - Segment Information Sheet http://www.innovativeindustrialproperties.com/role/SegmentInformation Segment Information Notes 19 false false R20.htm 0000020 - Disclosure - Subsequent Events Sheet http://www.innovativeindustrialproperties.com/role/SubsequentEvents Subsequent Events Notes 20 false false R21.htm 995445 - Disclosure - Insider Trading Arrangements Sheet http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements Insider Trading Arrangements Notes 21 false false R22.htm 9955511 - Disclosure - Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements (Policies) Sheet http://www.innovativeindustrialproperties.com/role/SummaryofSignificantAccountingPoliciesandProceduresandRecentAccountingPronouncementsPolicies Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements (Policies) Policies http://www.innovativeindustrialproperties.com/role/SummaryofSignificantAccountingPoliciesandProceduresandRecentAccountingPronouncements 22 false false R23.htm 9955512 - Disclosure - Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements (Tables) Sheet http://www.innovativeindustrialproperties.com/role/SummaryofSignificantAccountingPoliciesandProceduresandRecentAccountingPronouncementsTables Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements (Tables) Tables http://www.innovativeindustrialproperties.com/role/SummaryofSignificantAccountingPoliciesandProceduresandRecentAccountingPronouncements 23 false false R24.htm 9955513 - Disclosure - Dividends (Tables) Sheet http://www.innovativeindustrialproperties.com/role/DividendsTables Dividends (Tables) Tables http://www.innovativeindustrialproperties.com/role/Dividends 24 false false R25.htm 9955514 - Disclosure - Investments in Real Estate (Tables) Sheet http://www.innovativeindustrialproperties.com/role/InvestmentsinRealEstateTables Investments in Real Estate (Tables) Tables http://www.innovativeindustrialproperties.com/role/InvestmentsinRealEstate 25 false false R26.htm 9955515 - Disclosure - Life Science Investments (Tables) Sheet http://www.innovativeindustrialproperties.com/role/LifeScienceInvestmentsTables Life Science Investments (Tables) Tables http://www.innovativeindustrialproperties.com/role/LifeScienceInvestments 26 false false R27.htm 9955516 - Disclosure - Debt (Tables) Sheet http://www.innovativeindustrialproperties.com/role/DebtTables Debt (Tables) Tables http://www.innovativeindustrialproperties.com/role/Debt 27 false false R28.htm 9955517 - Disclosure - Net Income Per Share (Tables) Sheet http://www.innovativeindustrialproperties.com/role/NetIncomePerShareTables Net Income Per Share (Tables) Tables http://www.innovativeindustrialproperties.com/role/NetIncomePerShare 28 false false R29.htm 9955518 - Disclosure - Fair Value (Tables) Sheet http://www.innovativeindustrialproperties.com/role/FairValueTables Fair Value (Tables) Tables http://www.innovativeindustrialproperties.com/role/FairValue 29 false false R30.htm 9955519 - Disclosure - Common Stock Incentive Plan (Tables) Sheet http://www.innovativeindustrialproperties.com/role/CommonStockIncentivePlanTables Common Stock Incentive Plan (Tables) Tables http://www.innovativeindustrialproperties.com/role/CommonStockIncentivePlan 30 false false R31.htm 9955520 - Disclosure - Segment Information (Tables) Sheet http://www.innovativeindustrialproperties.com/role/SegmentInformationTables Segment Information (Tables) Tables http://www.innovativeindustrialproperties.com/role/SegmentInformation 31 false false R32.htm 9955521 - Disclosure - Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements - Additional Information (Details) Sheet http://www.innovativeindustrialproperties.com/role/SummaryofSignificantAccountingPoliciesandProceduresandRecentAccountingPronouncementsAdditionalInformationDetails Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements - Additional Information (Details) Details 32 false false R33.htm 9955522 - Disclosure - Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements - Schedule of Major Tenants by Rental Revenue (Details) Sheet http://www.innovativeindustrialproperties.com/role/SummaryofSignificantAccountingPoliciesandProceduresandRecentAccountingPronouncementsScheduleofMajorTenantsbyRentalRevenueDetails Summary of Significant Accounting Policies and Procedures and Recent Accounting Pronouncements - Schedule of Major Tenants by Rental Revenue (Details) Details 33 false false R34.htm 9955523 - Disclosure - Common Stock (Details) Sheet http://www.innovativeindustrialproperties.com/role/CommonStockDetails Common Stock (Details) Details http://www.innovativeindustrialproperties.com/role/CommonStockIncentivePlanTables 34 false false R35.htm 9955524 - Disclosure - Preferred Stock (Details) Sheet http://www.innovativeindustrialproperties.com/role/PreferredStockDetails Preferred Stock (Details) Details http://www.innovativeindustrialproperties.com/role/PreferredStock 35 false false R36.htm 9955525 - Disclosure - Dividends (Details) Sheet http://www.innovativeindustrialproperties.com/role/DividendsDetails Dividends (Details) Details http://www.innovativeindustrialproperties.com/role/DividendsTables 36 false false R37.htm 9955526 - Disclosure - Investments in Real Estate - Schedule of Intangible Assets and Related Accumulated Amortization (Details) Sheet http://www.innovativeindustrialproperties.com/role/InvestmentsinRealEstateScheduleofIntangibleAssetsandRelatedAccumulatedAmortizationDetails Investments in Real Estate - Schedule of Intangible Assets and Related Accumulated Amortization (Details) Details 37 false false R38.htm 9955527 - Disclosure - Investments in Real Estate - Additional Information (Details) Sheet http://www.innovativeindustrialproperties.com/role/InvestmentsinRealEstateAdditionalInformationDetails Investments in Real Estate - Additional Information (Details) Details 38 false false R39.htm 9955528 - Disclosure - Investments in Real Estate - Schedule of Estimated Annual Amortization (Details) Sheet http://www.innovativeindustrialproperties.com/role/InvestmentsinRealEstateScheduleofEstimatedAnnualAmortizationDetails Investments in Real Estate - Schedule of Estimated Annual Amortization (Details) Details 39 false false R40.htm 9955529 - Disclosure - Investments in Real Estate - Schedule of Future Contractual Minimum Rent (Details) Sheet http://www.innovativeindustrialproperties.com/role/InvestmentsinRealEstateScheduleofFutureContractualMinimumRentDetails Investments in Real Estate - Schedule of Future Contractual Minimum Rent (Details) Details 40 false false R41.htm 9955530 - Disclosure - Life Science Investments - Additional Information (Details) Sheet http://www.innovativeindustrialproperties.com/role/LifeScienceInvestmentsAdditionalInformationDetails Life Science Investments - Additional Information (Details) Details 41 false false R42.htm 9955531 - Disclosure - Life Science Investments - Schedule of Carrying Value of Investments (Details) Sheet http://www.innovativeindustrialproperties.com/role/LifeScienceInvestmentsScheduleofCarryingValueofInvestmentsDetails Life Science Investments - Schedule of Carrying Value of Investments (Details) Details 42 false false R43.htm 9955532 - Disclosure - Debt - Notes due 2026 Narrative (Details) Notes http://www.innovativeindustrialproperties.com/role/DebtNotesdue2026NarrativeDetails Debt - Notes due 2026 Narrative (Details) Details 43 false false R44.htm 9955533 - Disclosure - Debt - Notes due 2026 - Schedule of Interest expense (Details) Notes http://www.innovativeindustrialproperties.com/role/DebtNotesdue2026ScheduleofInterestexpenseDetails Debt - Notes due 2026 - Schedule of Interest expense (Details) Details 44 false false R45.htm 9955534 - Disclosure - Debt - Notes due 2026 - Schedule of Carrying value (Details) Notes http://www.innovativeindustrialproperties.com/role/DebtNotesdue2026ScheduleofCarryingvalueDetails Debt - Notes due 2026 - Schedule of Carrying value (Details) Details 45 false false R46.htm 9955535 - Disclosure - Debt - Revolving Credit Facility Narrative (Details) Sheet http://www.innovativeindustrialproperties.com/role/DebtRevolvingCreditFacilityNarrativeDetails Debt - Revolving Credit Facility Narrative (Details) Details 46 false false R47.htm 9955536 - Disclosure - Debt - IIP Life Science Credit Facility Narrative (Details) Sheet http://www.innovativeindustrialproperties.com/role/DebtIIPLifeScienceCreditFacilityNarrativeDetails Debt - IIP Life Science Credit Facility Narrative (Details) Details 47 false false R48.htm 9955537 - Disclosure - Debt - Schedule of Principal Payments (Details) Sheet http://www.innovativeindustrialproperties.com/role/DebtScheduleofPrincipalPaymentsDetails Debt - Schedule of Principal Payments (Details) Details 48 false false R49.htm 9955538 - Disclosure - Net Income Per Share (Details) Sheet http://www.innovativeindustrialproperties.com/role/NetIncomePerShareDetails Net Income Per Share (Details) Details http://www.innovativeindustrialproperties.com/role/NetIncomePerShareTables 49 false false R50.htm 9955539 - Disclosure - Fair Value (Details) Sheet http://www.innovativeindustrialproperties.com/role/FairValueDetails Fair Value (Details) Details http://www.innovativeindustrialproperties.com/role/FairValueTables 50 false false R51.htm 9955540 - Disclosure - Common Stock Incentive Plan - Additional Information (Details) Sheet http://www.innovativeindustrialproperties.com/role/CommonStockIncentivePlanAdditionalInformationDetails Common Stock Incentive Plan - Additional Information (Details) Details 51 false false R52.htm 9955541 - Disclosure - Common Stock Incentive Plan - Schedule of Restricted Stock Activity (Details) Sheet http://www.innovativeindustrialproperties.com/role/CommonStockIncentivePlanScheduleofRestrictedStockActivityDetails Common Stock Incentive Plan - Schedule of Restricted Stock Activity (Details) Details 52 false false R53.htm 9955542 - Disclosure - Commitments and Contingencies (Details) Sheet http://www.innovativeindustrialproperties.com/role/CommitmentsandContingenciesDetails Commitments and Contingencies (Details) Details http://www.innovativeindustrialproperties.com/role/CommitmentsandContingencies 53 false false R54.htm 9955543 - Disclosure - Segment Information - Additional Information (Details) Sheet http://www.innovativeindustrialproperties.com/role/SegmentInformationAdditionalInformationDetails Segment Information - Additional Information (Details) Details 54 false false R55.htm 9955544 - Disclosure - Segment Information - Schedule of Segment Reporting Information (Details) Sheet http://www.innovativeindustrialproperties.com/role/SegmentInformationScheduleofSegmentReportingInformationDetails Segment Information - Schedule of Segment Reporting Information (Details) Details 55 false false R56.htm 9955545 - Disclosure - Subsequent Events (Details) Sheet http://www.innovativeindustrialproperties.com/role/SubsequentEventsDetails Subsequent Events (Details) Details http://www.innovativeindustrialproperties.com/role/SubsequentEvents 56 false false All Reports Book All Reports iipr-20260331.htm iipr-20260331.xsd iipr-20260331_cal.xml iipr-20260331_def.xml iipr-20260331_lab.xml iipr-20260331_pre.xml http://fasb.org/srt/2025 http://fasb.org/us-gaap/2025 http://xbrl.sec.gov/dei/2025 http://xbrl.sec.gov/ecd/2025 true true