10-Q Filing

PRESIDIO PROPERTY TRUST, INC. CIK: 1080657 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437749-21-019318`
Period End Date	20210630
Filing Date	20210810
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	sqft20210630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 82 Cash Flow Statement 90 Stockholders Equity 28

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$17.20M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Land	`Land`	$18.83M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$115.41M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$108.93M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$12.26M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$11.96M	USD	Point-in-time
Lease intangibles	`FiniteLivedIntangibleAssetsNetOfAmountsIncludedInRealEstateAssetsHeldForSale`	$4.11M	USD	Point-in-time
Lease intangibles	`FiniteLivedIntangibleAssetsNetOfAmountsIncludedInRealEstateAssetsHeldForSale`	$4.11M	USD	Point-in-time
Real estate assets and lease intangibles held for investment, cost	`RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAtCost`	$142.50M	USD	Point-in-time
Real estate assets and lease intangibles held for investment, cost	`RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAtCost`	$150.31M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAndLeaseIntangiblesAccumulatedDepreciationAndAmortization`	$26.55M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAndLeaseIntangiblesAccumulatedDepreciationAndAmortization`	$28.48M	USD	Point-in-time
Real estate assets and lease intangibles held for investment, net	`RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentNet`	$123.75M	USD	Point-in-time
Real estate assets and lease intangibles held for investment, net	`RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentNet`	$114.02M	USD	Point-in-time
Real estate assets held for sale, net	`RealEstateHeldforsale`	$42.50M	USD	Point-in-time
Real estate assets held for sale, net	`RealEstateHeldforsale`	$10.37M	USD	Point-in-time
Real estate assets, net	`RealEstateInvestmentPropertyAndLeaseIntangiblesHeldforinvestmentAndRealEstateHeldForSaleNet`	$124.39M	USD	Point-in-time
Real estate assets, net	`RealEstateInvestmentPropertyAndLeaseIntangiblesHeldforinvestmentAndRealEstateHeldForSaleNet`	$166.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.34M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.54M	USD	Point-in-time
Deferred leasing costs, net	`DeferredCostsLeasingNet`	$1.93M	USD	Point-in-time
Deferred leasing costs, net	`DeferredCostsLeasingNet`	$1.18M	USD	Point-in-time
Goodwill	`Goodwill`	$2.42M	USD	Point-in-time
Goodwill	`Goodwill`	$2.42M	USD	Point-in-time
Other assets, net	`OtherAssets`	$3.42M	USD	Point-in-time
Other assets, net	`OtherAssets`	$3.51M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$185.57M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$160.85M	USD	Point-in-time
Mortgage notes payable, net	`MortgageNotesPayableRelatedToRealEstateAssetsHeldForInvestmentNet`	$89.23M	USD	Point-in-time
Mortgage notes payable, net	`MortgageNotesPayableRelatedToRealEstateAssetsHeldForInvestmentNet`	$94.66M	USD	Point-in-time
Mortgage notes payable related to properties held for sale, net	`MortgageNotesPayableRelatedToPropertiesHeldForSaleNet`	$25.37M	USD	Point-in-time
Mortgage notes payable related to properties held for sale, net	`MortgageNotesPayableRelatedToPropertiesHeldForSaleNet`	$753.44K	USD	Point-in-time
Mortgage notes payable, total net	`MortgageNotesPayableNet`	$89.98M	USD	Point-in-time
Mortgage notes payable, total net	`MortgageNotesPayableNet`	$120.03M	USD	Point-in-time
Note payable, net	`NotesPayable`	$7.50M	USD	Point-in-time
Note payable, net	`NotesPayable`	-	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.39M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$5.13M	USD	Point-in-time
Accrued real estate taxes	`AccruedRealEstateTaxes`	$2.55M	USD	Point-in-time
Accrued real estate taxes	`AccruedRealEstateTaxes`	$940.70K	USD	Point-in-time
Dividends payable preferred stock	`DividendsPayableCurrentAndNoncurrent`	$95.84K	USD	Point-in-time
Dividends payable preferred stock	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Lease liability, net	`OperatingLeaseLiability`	$89.25K	USD	Point-in-time
Lease liability, net	`OperatingLeaseLiability`	$102.32K	USD	Point-in-time
Below-market leases, net	`BelowMarketLeaseNet`	$98.88K	USD	Point-in-time
Below-market leases, net	`BelowMarketLeaseNet`	$139.04K	USD	Point-in-time
Total liabilities	`Liabilities`	$135.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$95.60M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$176.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$156.46M	USD	Point-in-time
Dividends and accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-121.67M	USD	Point-in-time
Dividends and accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-125.59M	USD	Point-in-time
Total stockholders' equity before noncontrolling interest	`StockholdersEquity`	$34.88M	USD	Point-in-time
Total stockholders' equity before noncontrolling interest	`StockholdersEquity`	$51.46M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$15.24M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$13.79M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$44.83M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$55.41M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.87M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$56.62M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.12M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.25M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$160.85M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$185.57M	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$4.55M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$5.88M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$12.67M	USD	2 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$10.03M	USD	2 Qtrs
Fees and other income	`FeeAndOtherIncome`	$292.79K	USD	1 Quarter
Fees and other income	`FeeAndOtherIncome`	$484.32K	USD	2 Qtrs
Fees and other income	`FeeAndOtherIncome`	$241.88K	USD	1 Quarter
Fees and other income	`FeeAndOtherIncome`	$485.34K	USD	2 Qtrs
Total revenue	`Revenues`	$10.52M	USD	2 Qtrs
Total revenue	`Revenues`	$4.85M	USD	1 Quarter
Total revenue	`Revenues`	$13.15M	USD	2 Qtrs
Total revenue	`Revenues`	$6.12M	USD	1 Quarter
Rental operating costs	`OperatingLeaseExpense`	$3.32M	USD	2 Qtrs
Rental operating costs	`OperatingLeaseExpense`	$2.00M	USD	1 Quarter
Rental operating costs	`OperatingLeaseExpense`	$4.38M	USD	2 Qtrs
Rental operating costs	`OperatingLeaseExpense`	$1.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.63M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.88M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.28M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.62M	USD	1 Quarter
Impairment of real estate assets	`ImpairmentOfRealEstate`	$300.00K	USD	2 Qtrs
Impairment of real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Impairment of real estate assets	`ImpairmentOfRealEstate`	$845.67K	USD	2 Qtrs
Impairment of real estate assets	`ImpairmentOfRealEstate`	$845.67K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$5.75M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$9.30M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$11.05M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$4.20M	USD	1 Quarter
Interest and other income (expense), net	`NonoperatingInterestAndOtherIncomeExpense`	$-20.66K	USD	1 Quarter
Interest and other income (expense), net	`NonoperatingInterestAndOtherIncomeExpense`	$1.41K	USD	2 Qtrs
Interest and other income (expense), net	`NonoperatingInterestAndOtherIncomeExpense`	$8.40K	USD	1 Quarter
Interest and other income (expense), net	`NonoperatingInterestAndOtherIncomeExpense`	$-53.44K	USD	2 Qtrs
Gain on sales of real estate, net	`GainLossOnSaleOfBusiness`	$2.59M	USD	1 Quarter
Gain on sales of real estate, net	`GainLossOnSaleOfBusiness`	$334.10K	USD	1 Quarter
Gain on sales of real estate, net	`GainLossOnSaleOfBusiness`	$324.26K	USD	2 Qtrs
Gain on sales of real estate, net	`GainLossOnSaleOfBusiness`	$1.43M	USD	2 Qtrs
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	$10.00K	USD	2 Qtrs
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$288.90K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$238.70K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$135.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$51.37K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-4.64M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.69M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$1.13M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.98M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-932.12K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.26M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.61M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.54M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-479.34K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$1.78M	USD	1 Quarter
Less: Loss attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$1.33M	USD	2 Qtrs
Less: Loss attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$490.29K	USD	2 Qtrs
Less: Loss attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$315.28K	USD	1 Quarter
Less: Loss attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$925.70K	USD	1 Quarter
Net income (loss) attributable to Presidio Property Trust, Inc. stockholders	`NetIncomeLoss`	$-3.03M	USD	2 Qtrs
Net income (loss) attributable to Presidio Property Trust, Inc. stockholders	`NetIncomeLoss`	$850.04K	USD	1 Quarter
Net income (loss) attributable to Presidio Property Trust, Inc. stockholders	`NetIncomeLoss`	$-1.81M	USD	2 Qtrs
Net income (loss) attributable to Presidio Property Trust, Inc. stockholders	`NetIncomeLoss`	$-1.92M	USD	1 Quarter
Less: Preferred Stock Series D dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Less: Preferred Stock Series D dividends	`PreferredStockDividendsIncomeStatementImpact`	$95.84K	USD	2 Qtrs
Less: Preferred Stock Series D dividends	`PreferredStockDividendsIncomeStatementImpact`	$95.84K	USD	1 Quarter
Less: Preferred Stock Series D dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	2 Qtrs
Net income (loss) attributable to Presidio Property Trust, Inc. common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.92M	USD	1 Quarter
Net income (loss) attributable to Presidio Property Trust, Inc. common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.03M	USD	2 Qtrs
Net income (loss) attributable to Presidio Property Trust, Inc. common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.91M	USD	2 Qtrs
Net income (loss) attributable to Presidio Property Trust, Inc. common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$754.20K	USD	1 Quarter
Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.08	USD	1 Quarter
Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter
Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.34	USD	2 Qtrs
Basic & Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.20	USD	2 Qtrs
Weighted average number of common shares outstanding - basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.89M	shares	2 Qtrs
Weighted average number of common shares outstanding - basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.51M	shares	1 Quarter
Weighted average number of common shares outstanding - basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.51M	shares	2 Qtrs
Weighted average number of common shares outstanding - basic & diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.90M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-932.12K	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.26M	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.61M	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.54M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-479.34K	USD	2 Qtrs
Net loss	`ProfitLoss`	$1.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.20M	USD	2 Qtrs
Stock compensation	`ShareBasedCompensation`	$582.20K	USD	2 Qtrs
Stock compensation	`ShareBasedCompensation`	$361.24K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$51.91K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Gain on sale of real estate assets, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$2.59M	USD	1 Quarter
Gain on sale of real estate assets, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$334.10K	USD	1 Quarter
Gain on sale of real estate assets, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$324.26K	USD	2 Qtrs
Gain on sale of real estate assets, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.43M	USD	2 Qtrs
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	$10.00K	USD	2 Qtrs
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of government debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Impairment of real estate assets	`ImpairmentOfRealEstate`	$300.00K	USD	2 Qtrs
Impairment of real estate assets	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Impairment of real estate assets	`ImpairmentOfRealEstate`	$845.67K	USD	2 Qtrs
Impairment of real estate assets	`ImpairmentOfRealEstate`	$845.67K	USD	1 Quarter
Accretion of original issue discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-675.60K	USD	2 Qtrs
Accretion of original issue discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	2 Qtrs
Amortization of financing costs	`AmortizationOfFinancingCosts`	$733.02K	USD	2 Qtrs
Amortization of financing costs	`AmortizationOfFinancingCosts`	$371.20K	USD	2 Qtrs
Amortization of above-market leases	`AmortizationOfAboveMarketLease`	$25.34K	USD	2 Qtrs
Amortization of above-market leases	`AmortizationOfAboveMarketLease`	$36.05K	USD	2 Qtrs
Amortization of below-market leases	`AmortizationOfBelowMarketLease`	$83.59K	USD	2 Qtrs
Amortization of below-market leases	`AmortizationOfBelowMarketLease`	$34.45K	USD	2 Qtrs
Straight-line rent adjustment	`StraightLineRentAdjustments`	$-170.55K	USD	2 Qtrs
Straight-line rent adjustment	`StraightLineRentAdjustments`	$-160.58K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-997.69K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$426.21K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.86M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-938.46K	USD	2 Qtrs
Accrued real estate taxes	`ChangeAccruedRealEstateTaxes`	$-1.72M	USD	2 Qtrs
Accrued real estate taxes	`ChangeAccruedRealEstateTaxes`	$-1.61M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$200.72K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.01M	USD	2 Qtrs
Real estate acquisitions	`PaymentsToAcquireRealEstate`	$2.85M	USD	2 Qtrs
Real estate acquisitions	`PaymentsToAcquireRealEstate`	$6.29M	USD	2 Qtrs
Additions to buildings and tenant improvements	`PaymentsForTenantImprovements`	$2.38M	USD	2 Qtrs
Additions to buildings and tenant improvements	`PaymentsForTenantImprovements`	$332.51K	USD	2 Qtrs
Additions to deferred leasing costs	`PaymentsForLeasingCosts`	$73.49K	USD	2 Qtrs
Additions to deferred leasing costs	`PaymentsForLeasingCosts`	$95.15K	USD	2 Qtrs
Proceeds from sales of real estate, net	`ProceedsFromSaleOfProductiveAssets`	$44.34M	USD	2 Qtrs
Proceeds from sales of real estate, net	`ProceedsFromSaleOfProductiveAssets`	$29.38M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$20.61M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$41.08M	USD	2 Qtrs
Proceeds from mortgage notes payable, net of issuance costs	`ProceedsFromIssuanceOfMortgageNotesPayable`	$7.15M	USD	2 Qtrs
Proceeds from mortgage notes payable, net of issuance costs	`ProceedsFromIssuanceOfMortgageNotesPayable`	$8.00M	USD	2 Qtrs
Repayment of mortgage notes payable	`RepaymentsOfSecuredNotesPayable`	$24.17M	USD	2 Qtrs
Repayment of mortgage notes payable	`RepaymentsOfSecuredNotesPayable`	$38.08M	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$5.22M	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$7.68M	USD	2 Qtrs
Payment of deferred offering costs	`PaymentsOfDebtIssuanceCosts`	$214.98K	USD	2 Qtrs
Payment of deferred offering costs	`PaymentsOfDebtIssuanceCosts`	$95.65K	USD	2 Qtrs
Distributions to noncontrolling interests, net	`ProceedsFromPaymentsToMinorityShareholders`	$-2.78M	USD	2 Qtrs
Distributions to noncontrolling interests, net	`ProceedsFromPaymentsToMinorityShareholders`	$-210.78K	USD	2 Qtrs
Issuance of Preferred Stock Series D, net of offering costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$20.49M	USD	2 Qtrs
Issuance of Preferred Stock Series D, net of offering costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$2.01M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.55M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.26M	USD	2 Qtrs
Net increase (decrease) in cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.80M	USD	2 Qtrs
Net increase (decrease) in cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.73M	USD	2 Qtrs
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.34M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.39M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.54M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.34M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.39M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.54M	USD	Point-in-time
Interest paid-mortgage notes payable	`InterestPaidMortgageNotes`	$3.09M	USD	2 Qtrs
Interest paid-mortgage notes payable	`InterestPaidMortgageNotes`	$2.40M	USD	2 Qtrs
Interest paid-notes payable	`InterestPaidNet`	$103.86K	USD	2 Qtrs
Interest paid-notes payable	`InterestPaidNet`	$425.27K	USD	2 Qtrs
Unpaid deferred financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$91.04K	USD	2 Qtrs
Unpaid deferred financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$35.00K	USD	2 Qtrs
Issuance of stock for limited partnership interests	`StockIssued1`	-	USD	2 Qtrs
Issuance of stock for limited partnership interests	`StockIssued1`	$1.25M	USD	2 Qtrs
Dividends payable - Preferred Stock Series D	`NoncashFinancingItemsDividendsPayable`	$95.84K	USD	2 Qtrs
Dividends payable - Preferred Stock Series D	`NoncashFinancingItemsDividendsPayable`	-	USD	2 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$44.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$55.41M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$56.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.12M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.25M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-932.12K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.26M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.61M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.54M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-479.34K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$1.78M	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStock`	$1.01M	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStock`	$998.79K	USD	1 Quarter
Distributions in excess of contributions received	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$277.47K	USD	1 Quarter
Distributions in excess of contributions received	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$744.88K	USD	1 Quarter
Distributions in excess of contributions received	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.03M	USD	1 Quarter
Dividends to Series D preferred stockholder	`DividendsPreferredStock`	$95.84K	USD	1 Quarter
Issuance of preferred stock Series D, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$20.49M	USD	1 Quarter
Contributions received from noncontrolling interests, net of distributions paid	`ContributedCapitalLessDistributionsOfNoncontrollingInterests`	$66.70K	USD	1 Quarter
Share reconciliation adjustment	`AdjustmentsToAdditionalPaidInCapitalShareReconciliationAdjustment`	-	USD	1 Quarter
Issuance of stock for Limited Partnership interests	`StockIssuedDuringPeriodValueIssuedForLimitedPartnershipInterests`	-	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$44.83M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$55.41M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$56.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.12M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.25M	USD	Point-in-time

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