10-Q Filing

PRESIDIO PROPERTY TRUST, INC. CIK: 1080657 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001080657-15-000017`
Period End Date	20150630
Filing Date	20150813
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	netr-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 92 Cash Flow Statement 72 Stockholders Equity 10

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$40.42M	USD	Point-in-time
Land	`Land`	$40.87M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$131.43M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$128.72M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$13.16M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$15.51M	USD	Point-in-time
Lease Intangibles	`LeaseIntangibles`	$9.38M	USD	Point-in-time
Lease Intangibles	`LeaseIntangibles`	$9.79M	USD	Point-in-time
Real estate assets and lease intangibles, cost	`RealEstateInvestmentPropertyAtCost`	$197.18M	USD	Point-in-time
Real estate assets and lease intangibles, cost	`RealEstateInvestmentPropertyAtCost`	$192.10M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$23.01M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$26.07M	USD	Point-in-time
Real estate assets and lease intangibles, net	`RealEstateInvestmentPropertyNet`	$169.09M	USD	Point-in-time
Real estate assets and lease intangibles, net	`RealEstateInvestmentPropertyNet`	$171.11M	USD	Point-in-time
Real estate assets held for sale, net	`RealEstateHeldforsale`	$28.93M	USD	Point-in-time
Real estate assets held for sale, net	`RealEstateHeldforsale`	$29.11M	USD	Point-in-time
Real estate assets held for sale, net	`RealEstateHeldforsale`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.98M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$4.09M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$8.96M	USD	Point-in-time
Deferred leasing and finance costs, net	`DeferredLeasingAndFinancingCosts`	$4.83M	USD	Point-in-time
Deferred leasing and finance costs, net	`DeferredLeasingAndFinancingCosts`	$5.44M	USD	Point-in-time
Goodwill	`Goodwill`	$2.42M	USD	Point-in-time
Goodwill	`Goodwill`	$2.42M	USD	Point-in-time
Other assets, net	`OtherAssets`	$4.84M	USD	Point-in-time
Other assets, net	`OtherAssets`	$6.37M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$205.16M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$220.62M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$106.97M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$108.62M	USD	Point-in-time
Liabilities related to Assets Held for Sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Liabilities related to Assets Held for Sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$16.93M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$6.63M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$5.93M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$1.05M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$997.17K	USD	Point-in-time
Below Market Rent	`BelowMarketLeaseNet`	$960.33K	USD	Point-in-time
Below Market Rent	`BelowMarketLeaseNet`	$908.23K	USD	Point-in-time
Total liabilities	`Liabilities`	$133.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$149.09M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$143.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$144.97M	USD	Point-in-time
Dividends in excess of accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-85.56M	USD	Point-in-time
Dividends in excess of accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-83.15M	USD	Point-in-time
Total stockholders' equity before noncontrolling interest	`StockholdersEquity`	$59.59M	USD	Point-in-time
Total stockholders' equity before noncontrolling interest	`StockholdersEquity`	$60.73M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$10.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$72.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.54M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$220.62M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$205.16M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$5.40M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$3.79M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$7.70M	USD	2 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$10.74M	USD	2 Qtrs
Fee and other income	`FeeAndOtherIncome`	$195.19K	USD	1 Quarter
Fee and other income	`FeeAndOtherIncome`	$48.13K	USD	1 Quarter
Fee and other income	`FeeAndOtherIncome`	$223.71K	USD	2 Qtrs
Fee and other income	`FeeAndOtherIncome`	$58.42K	USD	2 Qtrs
Total Revenues	`Revenues`	$7.76M	USD	2 Qtrs
Total Revenues	`Revenues`	$3.84M	USD	1 Quarter
Total Revenues	`Revenues`	$5.59M	USD	1 Quarter
Total Revenues	`Revenues`	$10.96M	USD	2 Qtrs
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.91M	USD	1 Quarter
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$3.84M	USD	2 Qtrs
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.36M	USD	1 Quarter
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$2.62M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.29M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.69M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.14M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.68M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.44M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$7.74M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$4.86M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$9.81M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$4.18M	USD	1 Quarter
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	-	USD	1 Quarter
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	-	USD	2 Qtrs
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	$1.76M	USD	2 Qtrs
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	$817.16K	USD	1 Quarter
Interest expense - mortgage notes	`InterestExpenseDebt`	$1.46M	USD	1 Quarter
Interest expense - mortgage notes	`InterestExpenseDebt`	$2.20M	USD	2 Qtrs
Interest expense - mortgage notes	`InterestExpenseDebt`	$2.89M	USD	2 Qtrs
Interest expense - mortgage notes	`InterestExpenseDebt`	$1.15M	USD	1 Quarter
Interest and other income	`InterestIncomeOperating`	$41.79K	USD	1 Quarter
Interest and other income	`InterestIncomeOperating`	$60.16K	USD	2 Qtrs
Interest and other income	`InterestIncomeOperating`	$21.15K	USD	1 Quarter
Interest and other income	`InterestIncomeOperating`	$35.76K	USD	2 Qtrs
Gain on sales of real estate and partnerships, net	`GainLossOnSaleOfBusiness`	$1.66M	USD	2 Qtrs
Gain on sales of real estate and partnerships, net	`GainLossOnSaleOfBusiness`	$1.19M	USD	2 Qtrs
Gain on sales of real estate and partnerships, net	`GainLossOnSaleOfBusiness`	$936.03K	USD	1 Quarter
Gain on sales of real estate and partnerships, net	`GainLossOnSaleOfBusiness`	$1.12M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.14M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-3.43M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-475.09K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-172.15K	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-411.52K	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-456.57K	USD	2 Qtrs
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.27M	USD	2 Qtrs
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-508.98K	USD	1 Quarter
Gain (Loss) on the sale of real estate	`GainLossOnDispositionOfRealEstateDiscontinuedOperations`	$-156.65K	USD	2 Qtrs
Gain (Loss) on the sale of real estate	`GainLossOnDispositionOfRealEstateDiscontinuedOperations`	$-156.65K	USD	1 Quarter
Gain (Loss) on the sale of real estate	`GainLossOnDispositionOfRealEstateDiscontinuedOperations`	$4.73M	USD	2 Qtrs
Gain (Loss) on the sale of real estate	`GainLossOnDispositionOfRealEstateDiscontinuedOperations`	$4.73M	USD	1 Quarter
(Loss) income from discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss`	$-161.68K	USD	1 Quarter
(Loss) income from discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss`	$139.69K	USD	2 Qtrs
(Loss) income from discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss`	$-131.38K	USD	2 Qtrs
(Loss) income from discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss`	$74.01K	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$4.60M	USD	2 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-82.64K	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-16.96K	USD	2 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$4.57M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.33M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-591.62K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.16M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-473.53K	USD	2 Qtrs
Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$1.19M	USD	1 Quarter
Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$1.32M	USD	2 Qtrs
Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$504.80K	USD	1 Quarter
Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$982.90K	USD	2 Qtrs
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$-1.46M	USD	2 Qtrs
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$-1.10M	USD	1 Quarter
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$1.01M	USD	2 Qtrs
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$2.97M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.03	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.13	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.03	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$0.01	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-0.01	USD	2 Qtrs
Net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Net loss per common share	`EarningsPerShareBasicAndDiluted`	$0.18	USD	1 Quarter
Net loss per common share	`EarningsPerShareBasicAndDiluted`	$0.06	USD	2 Qtrs
Net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	2 Qtrs
Weighted average number of common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.77M	shares	2 Qtrs
Weighted average number of common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.97M	shares	1 Quarter
Weighted average number of common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.83M	shares	1 Quarter
Weighted average number of common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.93M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$2.33M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-591.62K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.16M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-473.53K	USD	2 Qtrs
Depreciation and amortization from continueing operations	`DepreciationAmortizationAndAmortizationOfAboveMarketRents`	$3.68M	USD	2 Qtrs
Depreciation and amortization from continueing operations	`DepreciationAmortizationAndAmortizationOfAboveMarketRents`	$2.91M	USD	2 Qtrs
Depreciation and amortization from discontinued operations	`DepreciationAndAmortizationDiscontinuedOperations`	-	USD	2 Qtrs
Depreciation and amortization from discontinued operations	`DepreciationAndAmortizationDiscontinuedOperations`	$165.65K	USD	2 Qtrs
Stock compensation	`RestrictedStockExpense`	$237.55K	USD	2 Qtrs
Stock compensation	`RestrictedStockExpense`	$259.00K	USD	2 Qtrs
Bad debt expense	`ValuationAllowancesAndReservesDeductions`	$67.92K	USD	2 Qtrs
Bad debt expense	`ValuationAllowancesAndReservesDeductions`	-	USD	2 Qtrs
Gain on sales of real estate and partnerships, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$5.93M	USD	2 Qtrs
Gain on sales of real estate and partnerships, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.51M	USD	2 Qtrs
Amortization expense of financing costs	`AmortizationOfFinancingCosts`	$621.04K	USD	2 Qtrs
Amortization expense of financing costs	`AmortizationOfFinancingCosts`	$230.05K	USD	2 Qtrs
Amortization of above market leases	`AmortizationOfAboveMarketLeases`	$92.15K	USD	2 Qtrs
Amortization of above market leases	`AmortizationOfAboveMarketLeases`	$113.58K	USD	2 Qtrs
Amortization of below market rent	`AmortizationOfBelowMarketLease`	$52.10K	USD	2 Qtrs
Amortization of below market rent	`AmortizationOfBelowMarketLease`	$14.02K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$705.43K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.57M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.19M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-942.78K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-336.67K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.35M	USD	2 Qtrs
Real estate acquisitions	`PaymentsToAcquireRealEstate`	$5.72M	USD	2 Qtrs
Real estate acquisitions	`PaymentsToAcquireRealEstate`	$7.13M	USD	2 Qtrs
Building and tenant improvements	`PaymentsForTenantImprovements`	$1.84M	USD	2 Qtrs
Building and tenant improvements	`PaymentsForTenantImprovements`	$1.53M	USD	2 Qtrs
Deferred leasing costs	`PaymentsForLeasingCosts`	$167.19K	USD	2 Qtrs
Deferred leasing costs	`PaymentsForLeasingCosts`	$293.45K	USD	2 Qtrs
Proceeds received sale of real estate assets and partnerships	`ProceedsFromSaleOfProductiveAssets`	$36.54M	USD	2 Qtrs
Proceeds received sale of real estate assets and partnerships	`ProceedsFromSaleOfProductiveAssets`	$7.81M	USD	2 Qtrs
Increase (Decrease) in Restricted Cash	`IncreaseDecreaseInRestrictedCash`	$368.17K	USD	2 Qtrs
Increase (Decrease) in Restricted Cash	`IncreaseDecreaseInRestrictedCash`	$4.87M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.83M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$24.26M	USD	2 Qtrs
Proceeds from mortgage notes payable, net of issuance costs	`ProceedsFromNotesPayable`	$9.38M	USD	2 Qtrs
Proceeds from mortgage notes payable, net of issuance costs	`ProceedsFromNotesPayable`	$15.27M	USD	2 Qtrs
Repayment of mortgage notes payable	`RepaymentsOfNotesPayable`	$24.71M	USD	2 Qtrs
Repayment of mortgage notes payable	`RepaymentsOfNotesPayable`	$9.67M	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	2 Qtrs
Contributions received from noncontrolling interests net of distributions paid	`ProceedsFromPaymentsToMinorityShareholders`	$-965.41K	USD	2 Qtrs
Contributions received from noncontrolling interests net of distributions paid	`ProceedsFromPaymentsToMinorityShareholders`	$362.07K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$147.77K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$174.12K	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$2.01M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$2.53M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.94M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.08M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.84M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-225.06K	USD	2 Qtrs
Cash and cash equivalents - Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$11.47M	USD	Point-in-time
Cash and cash equivalents - Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents - Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$10.21M	USD	Point-in-time
Cash and cash equivalents - Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.98M	USD	Point-in-time
Cash and cash equivalents - Ending of year	`CashAndCashEquivalentsAtCarryingValue`	$11.47M	USD	Point-in-time
Cash and cash equivalents - Ending of year	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents - Ending of year	`CashAndCashEquivalentsAtCarryingValue`	$10.21M	USD	Point-in-time
Cash and cash equivalents - Ending of year	`CashAndCashEquivalentsAtCarryingValue`	$9.98M	USD	Point-in-time
Interest Paid, Preferred Stock Series B	`InterestPaidPreferredStockSeriesB`	-	USD	2 Qtrs
Interest Paid, Preferred Stock Series B	`InterestPaidPreferredStockSeriesB`	$971.33K	USD	2 Qtrs
Interest Paid, Mortgage Notes	`InterestPaidMortgageNotes`	$2.38M	USD	2 Qtrs
Interest Paid, Mortgage Notes	`InterestPaidMortgageNotes`	$2.82M	USD	2 Qtrs
Reinvestment of cash dividend	`StockIssued1`	$1.94M	USD	2 Qtrs
Reinvestment of cash dividend	`StockIssued1`	$1.35M	USD	2 Qtrs
Accrual of dividends payable	`AccrualOfDividendsPayable`	$1.05M	USD	2 Qtrs
Accrual of dividends payable	`AccrualOfDividendsPayable`	$1.29M	USD	2 Qtrs
Conversion of partnership interests into common stock	`PartnersCapitalAccountExchangesAndConversions`	$165.02K	USD	2 Qtrs
Conversion of partnership interests into common stock	`PartnersCapitalAccountExchangesAndConversions`	-	USD	2 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$59.59M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$60.73M	USD	Point-in-time
Net (loss) income	`IncomeLossFromContinuingOperations`	$1.01M	USD	2 Qtrs
Dividends declared/reinvested, value	`DividendsCommonStockStock`	$1.05M	USD	2 Qtrs
Dividends paid	`Dividends`	$1.01M	USD	2 Qtrs
Common stock issued, value	`StockIssuedDuringPeriodValueNewIssues`	$50.00K	USD	2 Qtrs
Common stock repurchased - related parties	`StockRepurchasedRelatedPartyDuringPeriodValue`	$147.77K	USD	2 Qtrs
Contributions from noncontrolling interests net of distributions paid	`ContributedCapitalLessDistributionsOfNoncontrollingInterests`	-	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$59.59M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$60.73M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.