10-K/A Filing

PRESIDIO PROPERTY TRUST, INC. CIK: 1080657 FY 2012

Filing Information

Form Type	10-K/A
Accession Number	`0001387131-13-001140`
Period End Date	20121231
Filing Date	20130402
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	netr-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 38 Cash Flow Statement 67 Stockholders Equity 26

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Real estate assets and lease intangibles, net	`RealEstateInvestmentPropertyNet`	$165.64M	USD	Point-in-time
Real estate assets and lease intangibles, net	`RealEstateInvestmentPropertyNet`	$147.75M	USD	Point-in-time
Mortgages receivable	`NotesReceivableGross`	$1.03M	USD	Point-in-time
Mortgages receivable	`NotesReceivableGross`	$920.22K	USD	Point-in-time
Cash And Cash Equivalents At Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$4.87M	USD	Point-in-time
Cash And Cash Equivalents At Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$7.03M	USD	Point-in-time
Cash And Cash Equivalents At Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$10.75M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.11M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$966.69K	USD	Point-in-time
Other real estate owned	`RealEstateAcquiredThroughForeclosure`	$900.00K	USD	Point-in-time
Other real estate owned	`RealEstateAcquiredThroughForeclosure`	$2.18M	USD	Point-in-time
Other assets, net	`OtherAssets`	$5.81M	USD	Point-in-time
Other assets, net	`OtherAssets`	$4.85M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$161.65M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$185.13M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$92.48M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$65.93M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.13M	USD	Point-in-time
Liabililities related to assets held for sale	`LiabilitiesOfAssetsHeldForSale`	$800.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$1.14M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$1.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$70.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$97.75M	USD	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	15.77M	shares	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	15.29M	shares	Point-in-time
Convertible series AA preferred stock, no par value, $25 liquidating preference, shares authorized: 1,000,000; no shares issued and outstanding liquidating value of $1,255,000	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Convertible series AA preferred stock, no par value, $25 liquidating preference, shares authorized: 1,000,000; no shares issued and outstanding liquidating value of $1,255,000	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Convertible Preferred Stock	`ConvertiblePreferredStock`	$16.00	USD	Point-in-time
Convertible Preferred Stock	`ConvertiblePreferredStock`	$16.00	USD	Point-in-time
Common stock series A, $0.01 par value, shares authorized: 100,000,000;	`CommonStockValueOutstanding`	$157.67K	USD	Point-in-time
Common stock series A, $0.01 par value, shares authorized: 100,000,000;	`CommonStockValueOutstanding`	$152.88K	USD	Point-in-time
Common stock series B, no par value, shares authorized: 1,000; no shares issued and outstanding	`CommonStockOtherValueOutstanding`	-	USD	Point-in-time
Common stock series B, no par value, shares authorized: 1,000; no shares issued and outstanding	`CommonStockOtherValueOutstanding`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$130.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$134.88M	USD	Point-in-time
Dividends in excess of accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-58.34M	USD	Point-in-time
Dividends in excess of accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-47.78M	USD	Point-in-time
Total shareholders' equity before noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$82.79M	USD	Point-in-time
Total shareholders' equity before noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.70M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$7.92M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$10.68M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$87.38M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$90.71M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$161.65M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$185.13M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$16.97M	USD	Annual
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$13.50M	USD	Annual
Fee and other income	`FeeAndOtherIncome`	$572.62K	USD	Annual
Fee and other income	`FeeAndOtherIncome`	$698.22K	USD	Annual
Total Revenues	`Revenues`	$17.67M	USD	Annual
Total Revenues	`Revenues`	$14.08M	USD	Annual
Direct Costs of Leased and Rented Property or Equipment	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$5.55M	USD	Annual
Direct Costs of Leased and Rented Property or Equipment	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$4.94M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$3.85M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$4.75M	USD	Annual
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$4.17M	USD	Annual
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$4.87M	USD	Annual
Total costs and expenses	`OperatingExpenses`	$13.39M	USD	Annual
Total costs and expenses	`OperatingExpenses`	$16.85M	USD	Annual
Income (loss) from operations	`IncomeLossFromOperations`	$815.57K	USD	Annual
Income (loss) from operations	`IncomeLossFromOperations`	$687.29K	USD	Annual
Interest Expense, Debt	`InterestExpenseDebt`	$3.19M	USD	Annual
Interest Expense, Debt	`InterestExpenseDebt`	$4.49M	USD	Annual
Interest income	`InterestIncomeOperating`	$80.43K	USD	Annual
Interest income	`InterestIncomeOperating`	$125.66K	USD	Annual
Gain on sale of real estate	`GainsLossesOnSalesOfAssets`	$898.22K	USD	Annual
Gain on sale of real estate	`GainsLossesOnSalesOfAssets`	$119.92K	USD	Annual
Gain on dissolution of partnership interests	`GainOnDissolutionOfPartnershipInterests`	$372.09K	USD	Annual
Gain on dissolution of partnership interests	`GainOnDissolutionOfPartnershipInterests`	-	USD	Annual
Extinguishment of Debt, Amount	`ExtinguishmentOfDebtAmount`	$-691.49K	USD	Annual
Extinguishment of Debt, Amount	`ExtinguishmentOfDebtAmount`	-	USD	Annual
Total other expense, net	`OtherIncome`	$-2.95M	USD	Annual
Total other expense, net	`OtherIncome`	$-2.45M	USD	Annual
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.26M	USD	Annual
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.64M	USD	Annual
Income (loss) attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$497.71K	USD	Annual
Income (loss) attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$354.89K	USD	Annual
Net loss	`IncomeLossFromContinuingOperations`	$-2.62M	USD	Annual
Net loss	`IncomeLossFromContinuingOperations`	$-2.13M	USD	Annual
Loss per common share - basic and diluted:	`EarningsPerShareBasicAndDiluted`	$-0.19	USD	Annual
Loss per common share - basic and diluted:	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	Annual
Weighted average number of common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.68M	shares	Annual
Weighted average number of common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.48M	shares	Annual

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net loss	`IncomeLossFromContinuingOperations`	$-2.62M	USD	Annual
Net loss	`IncomeLossFromContinuingOperations`	$-2.13M	USD	Annual
Depreciation amortization and amortization of above market rents	`DepreciationAmortizationAndAmortizationOfAboveMarketRents`	$5.17M	USD	Annual
Depreciation amortization and amortization of above market rents	`DepreciationAmortizationAndAmortizationOfAboveMarketRents`	$4.22M	USD	Annual
Stock compensation	`RestrictedStockExpense`	$484.81K	USD	Annual
Stock compensation	`RestrictedStockExpense`	$387.64K	USD	Annual
Loss on sale of real estate assets	`GainLossOnSaleOfPropertyPlantEquipment`	$119.92K	USD	Annual
Loss on sale of real estate assets	`GainLossOnSaleOfPropertyPlantEquipment`	$898.22K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$429.00K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$1.68M	USD	Annual
Bad debt expense	`ValuationAllowancesAndReservesDeductions`	$-83.28K	USD	Annual
Bad debt expense	`ValuationAllowancesAndReservesDeductions`	$-66.61K	USD	Annual
Net Income Loss Attributable To Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$497.71K	USD	Annual
Net Income Loss Attributable To Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$354.89K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$754.90K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.91M	USD	Annual
IncreaseDecreaseInAccounts Payable And Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$501.85K	USD	Annual
IncreaseDecreaseInAccounts Payable And Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$817.20K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.88M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.31M	USD	Annual
Payments for Tenant Improvements	`PaymentsForTenantImprovements`	$1.03M	USD	Annual
Payments for Tenant Improvements	`PaymentsForTenantImprovements`	$1.21M	USD	Annual
Payments To Acquire Real Estate	`PaymentsToAcquireRealEstate`	$37.78M	USD	Annual
Payments To Acquire Real Estate	`PaymentsToAcquireRealEstate`	$31.89M	USD	Annual
Proceeds on sale of real estate assets	`ProceedsFromSaleOfProductiveAssets`	$10.44M	USD	Annual
Proceeds on sale of real estate assets	`ProceedsFromSaleOfProductiveAssets`	$8.55M	USD	Annual
Purchase of notes receivable	`PaymentsToAcquireNotesReceivable`	$-111.87K	USD	Annual
Purchase of notes receivable	`PaymentsToAcquireNotesReceivable`	$111.86K	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$667.64K	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$146.44K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.67M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.51M	USD	Annual
Investment in Model Home limited partnerships	`InvestmentInModelHomeLimitedPartnerships`	-	USD	Annual
Investment in Model Home limited partnerships	`InvestmentInModelHomeLimitedPartnerships`	$-442.82K	USD	Annual
Proceeds from mortgage notes payable	`ProceedsFromLoanOriginations1`	$32.15M	USD	Annual
Proceeds from mortgage notes payable	`ProceedsFromLoanOriginations1`	$29.65M	USD	Annual
Repayment of mortgage notes payable	`ProceedsFromRepaymentsOfSecuredDebt`	$-5.60M	USD	Annual
Repayment of mortgage notes payable	`ProceedsFromRepaymentsOfSecuredDebt`	$-13.34M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.66K	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$302.07K	USD	Annual
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$14.25M	USD	Annual
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds received from noncontrolling interests In Excess of Distributions Paid	`ProceedsReceivedFromNoncontrollingInterestsInExcessOfDistributionsPaid`	$748.23K	USD	Annual
Proceeds received from noncontrolling interests In Excess of Distributions Paid	`ProceedsReceivedFromNoncontrollingInterestsInExcessOfDistributionsPaid`	$2.40M	USD	Annual
Repurchase of common stock - related parties	`StockRepurchasedRelatedPartyDuringPeriodValue`	$143.91K	USD	Annual
Repurchase of common stock - related parties	`StockRepurchasedRelatedPartyDuringPeriodValue`	$82.52K	USD	Annual
Deferred stock issuance costs	`PaymentsOfStockIssuanceCosts`	$18.89K	USD	Annual
Deferred stock issuance costs	`PaymentsOfStockIssuanceCosts`	$-228.64K	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.27M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.58M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.56M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.51M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.87M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.79M	USD	Annual
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.87M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.03M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$10.75M	USD	Point-in-time
Additions To Cash Through Investments In Partnerships	`AdditionsToCashThroughInvestmentsInPartnerships`	$634.85K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$4.87M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$7.03M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$10.75M	USD	Point-in-time
Interest paid	`InterestPaid`	$2.44M	USD	Annual
Interest paid	`InterestPaid`	$4.43M	USD	Annual
Reinvestment of cash dividend	`StockIssued1`	$4.02M	USD	Annual
Reinvestment of cash dividend	`StockIssued1`	$3.89M	USD	Annual
Accrual of dividends payable	`AccrualOfDividendsPayable`	$1.14M	USD	Annual
Accrual of dividends payable	`AccrualOfDividendsPayable`	$1.01M	USD	Annual

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Balance,	`StockholdersEquity`	$87.38M	USD	Point-in-time
Balance,	`StockholdersEquity`	$90.71M	USD	Point-in-time
Share, Balance as of	`CommonStockSharesOutstanding`	15.77M	shares	Point-in-time
Share, Balance as of	`CommonStockSharesOutstanding`	15.29M	shares	Point-in-time
Stock Issued During Period, Value, Stock Dividend	`StockIssuedDuringPeriodValueStockDividend`	$6.20M	USD	Annual
Deferred stock issuance costs	`PaymentsOfStockIssuanceCosts`	$18.89K	USD	Annual
Deferred stock issuance costs	`PaymentsOfStockIssuanceCosts`	$-228.64K	USD	Annual
Repurchase of common stock - Related Parties	`StockRepurchasedRelatedPartyDuringPeriodValue`	$143.91K	USD	Annual
Repurchase of common stock - Related Parties	`StockRepurchasedRelatedPartyDuringPeriodValue`	$82.52K	USD	Annual
Repurchase of common stock - Related Parties (Shares)	`StockRepurchasedRelatedPartyDuringPeriodShares`	9,560.00	shares	Annual
Stock Issued During Period, Shares, Conversion of Units	`StockIssuedDuringPeriodSharesConversionOfUnits`	17,060.00	shares	Point-in-time
Net (loss) income	`IncomeLossFromContinuingOperations`	$-2.62M	USD	Annual
Net (loss) income	`IncomeLossFromContinuingOperations`	$-2.13M	USD	Annual
Common Stock Dividends, Shares	`CommonStockDividendsShares`	651,367.00	shares	Annual
Common Stock Dividends, Shares	`CommonStockDividendsShares`	0.00	shares	Annual
Dividend (declared)/reinvested	`DividendsPayableCurrentAndNoncurrent`	$1.14M	USD	Point-in-time
Dividend (declared)/reinvested	`DividendsPayableCurrentAndNoncurrent`	$1.01M	USD	Point-in-time
Stock Dividends	`StockDividendsShares`	5,305.00	shares	Annual
DividendsCash	`DividendsCash`	$4.26M	USD	Annual
DividendsCash	`DividendsCash`	$3.60M	USD	Annual
Issuance of vested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$448.00K	USD	Annual
Issuance of vested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$490.00K	USD	Annual
Share, Balance as of	`CommonStockSharesOutstanding`	15.77M	shares	Point-in-time
Share, Balance as of	`CommonStockSharesOutstanding`	15.29M	shares	Point-in-time
Balance,	`StockholdersEquity`	$87.38M	USD	Point-in-time
Balance,	`StockholdersEquity`	$90.71M	USD	Point-in-time

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