10-Q Filing

PRESIDIO PROPERTY TRUST, INC. CIK: 1080657 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001564590-15-010703`
Period End Date	20150930
Filing Date	20151113
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	netr-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 89 Cash Flow Statement 73 Stockholders Equity 12

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$40.42M	USD	Point-in-time
Land	`Land`	$47.89M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$158.05M	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`	$17.28M	USD	Point-in-time
Lease intangibles	`FiniteLivedIntangibleAssetsGross`	$9.79M	USD	Point-in-time
Lease intangibles	`FiniteLivedIntangibleAssetsGross`	$11.78M	USD	Point-in-time
Real estate assets and lease intangibles, cost	`RealEstateInvestmentPropertyAndLeaseIntangiblesAtCost`	$234.99M	USD	Point-in-time
Real estate assets and lease intangibles, cost	`RealEstateInvestmentPropertyAndLeaseIntangiblesAtCost`	$192.10M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAndLeaseIntangiblesAccumulatedDepreciationAndAmortization`	$23.01M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAndLeaseIntangiblesAccumulatedDepreciationAndAmortization`	$27.87M	USD	Point-in-time
Real estate assets and lease intangibles, net	`RealEstateInvestmentPropertyAndLeaseIntangiblesNet`	$207.12M	USD	Point-in-time
Real estate assets and lease intangibles, net	`RealEstateInvestmentPropertyAndLeaseIntangiblesNet`	$169.09M	USD	Point-in-time
Real estate assets held for sale, net	`RealEstateHeldforsale`	$29.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.89M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.59M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$4.09M	USD	Point-in-time
Deferred leasing and financing costs, net	`DeferredLeasingAndFinancingCosts`	$5.13M	USD	Point-in-time
Deferred leasing and financing 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`	$5.63M	USD	Point-in-time
Other assets, net	`OtherAssets`	$4.84M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$220.62M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$238.04M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$128.21M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$106.97M	USD	Point-in-time
Mortgage notes payable 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`	$8.28M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$997.17K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$829.86K	USD	Point-in-time
Below-market rent, net	`BelowMarketLeaseNet`	$960.33K	USD	Point-in-time
Below-market rent, net	`BelowMarketLeaseNet`	$1.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$149.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$168.91M	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`	$145.63M	USD	Point-in-time
Dividends in excess of accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-88.82M	USD	Point-in-time
Dividends in excess of accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-83.15M	USD	Point-in-time
Total stockholders' equity before noncontrolling interest	`StockholdersEquity`	$56.97M	USD	Point-in-time
Total stockholders' equity before noncontrolling interest	`StockholdersEquity`	$60.73M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.15M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$10.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.13M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$238.04M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$220.62M	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$16.75M	USD	3 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$4.23M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$6.01M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$11.93M	USD	3 Qtrs
Fee and other income	`FeeAndOtherIncome`	$82.78K	USD	3 Qtrs
Fee and other income	`FeeAndOtherIncome`	$104.03K	USD	1 Quarter
Fee and other income	`FeeAndOtherIncome`	$327.75K	USD	3 Qtrs
Fee and other income	`FeeAndOtherIncome`	$24.35K	USD	1 Quarter
Total Revenues	`Revenues`	$17.08M	USD	3 Qtrs
Total Revenues	`Revenues`	$12.01M	USD	3 Qtrs
Total Revenues	`Revenues`	$6.11M	USD	1 Quarter
Total Revenues	`Revenues`	$4.25M	USD	1 Quarter
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$5.74M	USD	3 Qtrs
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.52M	USD	1 Quarter
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.90M	USD	1 Quarter
Rental operating costs	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$4.14M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.48M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.89M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.89M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.56M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.88M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.45M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$14.78M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$4.97M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$11.92M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$4.17M	USD	1 Quarter
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	$1.16M	USD	1 Quarter
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	$353.01K	USD	1 Quarter
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	$2.92M	USD	3 Qtrs
Interest expense-Series B preferred stock	`InterestExpensePreferredStock`	$353.01K	USD	3 Qtrs
Interest expense-mortgage notes	`InterestExpenseDebt`	$4.36M	USD	3 Qtrs
Interest expense-mortgage notes	`InterestExpenseDebt`	$1.12M	USD	1 Quarter
Interest expense-mortgage notes	`InterestExpenseDebt`	$1.47M	USD	1 Quarter
Interest expense-mortgage notes	`InterestExpenseDebt`	$3.32M	USD	3 Qtrs
Interest and other income	`InterestIncomeOperating`	$26.22K	USD	1 Quarter
Interest and other income	`InterestIncomeOperating`	$15.42K	USD	1 Quarter
Interest and other income	`InterestIncomeOperating`	$61.98K	USD	3 Qtrs
Interest and other income	`InterestIncomeOperating`	$75.58K	USD	3 Qtrs
Gain on sale of real estate and partnerships	`GainLossOnSaleOfBusiness`	$1.22M	USD	1 Quarter
Gain on sale of real estate and partnerships	`GainLossOnSaleOfBusiness`	$10.86K	USD	1 Quarter
Gain on sale of real estate and partnerships	`GainLossOnSaleOfBusiness`	$1.21M	USD	3 Qtrs
Gain on sale of real estate and partnerships	`GainLossOnSaleOfBusiness`	$2.89M	USD	3 Qtrs
Impairment of real estate	`AssetImpairmentCharges`	$950.00K	USD	3 Qtrs
Impairment of real estate	`AssetImpairmentCharges`	$950.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.66M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-1.19M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.59M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-6.02M	USD	3 Qtrs
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.45M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-3.72M	USD	3 Qtrs
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.57M	USD	3 Qtrs
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.11M	USD	1 Quarter
Gain (loss) on the sale of real estate	`GainLossOnDispositionOfRealEstateDiscontinuedOperations`	$-156.65K	USD	3 Qtrs
Gain (loss) on the sale of real estate	`GainLossOnDispositionOfRealEstateDiscontinuedOperations`	$4.73M	USD	3 Qtrs
(Loss) income from discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss`	$-131.38K	USD	3 Qtrs
(Loss) income from discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss`	$124.01K	USD	3 Qtrs
(Loss) income from discontinued operations, net	`DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss`	$-15.68K	USD	1 Quarter
(Loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-15.68K	USD	1 Quarter
(Loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$4.60M	USD	3 Qtrs
(Loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-32.64K	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$877.25K	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-1.60M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-1.45M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-1.13M	USD	1 Quarter
Less: Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$1.41M	USD	3 Qtrs
Less: Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$96.12K	USD	1 Quarter
Less: Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$1.71M	USD	3 Qtrs
Less: Income attributable to noncontrolling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$726.22K	USD	1 Quarter
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$-3.31M	USD	3 Qtrs
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$-1.55M	USD	1 Quarter
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$-537.39K	USD	3 Qtrs
Net loss attributable to NetREIT, Inc. common stockholders	`NetIncomeLoss`	$-1.85M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.09	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.22	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.08	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.07	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	-	USD	3 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$0.27	USD	3 Qtrs
Loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	1 Quarter
Loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.20	USD	3 Qtrs
Loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	1 Quarter
Loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	3 Qtrs
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.07M	shares	1 Quarter
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.77M	shares	3 Qtrs
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.98M	shares	3 Qtrs
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.75M	shares	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$877.25K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-1.60M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-1.45M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.13M	USD	1 Quarter
Depreciation and amortization from continuing operations	`DepreciationAmortizationAndAmortizationOfAboveMarketRents`	$4.63M	USD	3 Qtrs
Depreciation and amortization from continuing operations	`DepreciationAmortizationAndAmortizationOfAboveMarketRents`	$5.56M	USD	3 Qtrs
Depreciation and amortization from discontinued operations	`DepreciationAndAmortizationDiscontinuedOperations`	$165.65K	USD	3 Qtrs
Stock compensation	`RestrictedStockExpense`	$350.01K	USD	3 Qtrs
Stock compensation	`RestrictedStockExpense`	$298.55K	USD	3 Qtrs
Bad debt expense	`ValuationAllowancesAndReservesDeductions`	$95.79K	USD	3 Qtrs
Gain on sales of real estate assets and partnerships, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$5.94M	USD	3 Qtrs
Gain on sales of real estate assets and partnerships, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.51M	USD	3 Qtrs
Real estate asset impairment	`AssetImpairmentCharges`	$950.00K	USD	3 Qtrs
Real estate asset impairment	`AssetImpairmentCharges`	$950.00K	USD	1 Quarter
Amortization of financing costs	`AmortizationOfFinancingCosts`	$941.84K	USD	3 Qtrs
Amortization of financing costs	`AmortizationOfFinancingCosts`	$474.01K	USD	3 Qtrs
Amortization of above-market rent	`AmortizationOfAboveMarketLeases`	$161.16K	USD	3 Qtrs
Amortization of above-market rent	`AmortizationOfAboveMarketLeases`	$138.23K	USD	3 Qtrs
Amortization of below-market rent	`AmortizationOfBelowMarketLease`	$21.04K	USD	3 Qtrs
Amortization of below-market rent	`AmortizationOfBelowMarketLease`	$94.20K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-146.35K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$848.17K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.30M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$408.35K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.47M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.01M	USD	3 Qtrs
Real estate acquisitions	`PaymentsToAcquireRealEstate`	$42.53M	USD	3 Qtrs
Real estate acquisitions	`PaymentsToAcquireRealEstate`	$17.51M	USD	3 Qtrs
Building and tenant improvements	`PaymentsForTenantImprovements`	$2.35M	USD	3 Qtrs
Building and tenant improvements	`PaymentsForTenantImprovements`	$1.98M	USD	3 Qtrs
Deferred leasing costs	`PaymentsForLeasingCosts`	$336.63K	USD	3 Qtrs
Deferred leasing costs	`PaymentsForLeasingCosts`	$332.93K	USD	3 Qtrs
Proceeds received from sale of real estate assets and partnerships	`ProceedsFromSaleOfProductiveAssets`	$13.09M	USD	3 Qtrs
Proceeds received from sale of real estate assets and partnerships	`ProceedsFromSaleOfProductiveAssets`	$37.10M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$8.78M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$2.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.62M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.51M	USD	3 Qtrs
Proceeds from mortgage notes payable, net of issuance costs	`ProceedsFromNotesPayable`	$22.14M	USD	3 Qtrs
Proceeds from mortgage notes payable, net of issuance costs	`ProceedsFromNotesPayable`	$33.43M	USD	3 Qtrs
Repayment of mortgage notes payable	`RepaymentsOfNotesPayable`	$29.72M	USD	3 Qtrs
Repayment of mortgage notes payable	`RepaymentsOfNotesPayable`	$12.87M	USD	3 Qtrs
Proceeds from issuance of mandatorily redeemable preferred stock, net of offering costs	`ProceedsFromIssuanceOfMandatorilyPreferredStock`	$12.28M	USD	3 Qtrs
Proceeds from issuance of mandatorily redeemable preferred stock, net of offering costs	`ProceedsFromIssuanceOfMandatorilyPreferredStock`	$13.40M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	3 Qtrs
Distributions paid to noncontrolling interests in excess of contributions received	`ProceedsFromPaymentsToMinorityShareholders`	$-2.67M	USD	3 Qtrs
Distributions paid to noncontrolling interests in excess of contributions received	`ProceedsFromPaymentsToMinorityShareholders`	$-63.36K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$147.77K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$212.21K	USD	3 Qtrs
Redemption of Series 6.3% preferred stock	`PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock`	$1.65M	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$3.84M	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$3.29M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.18M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.65M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.69M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.51M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.21M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.15M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.89M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.21M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.15M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.89M	USD	Point-in-time
Interest paid Series B preferred stock	`InterestPaidPreferredStockSeriesB`	$201.67K	USD	3 Qtrs
Interest paid Series B preferred stock	`InterestPaidPreferredStockSeriesB`	$2.24M	USD	3 Qtrs
Interest paid-mortgage notes payable	`InterestPaidMortgageNotes`	$4.54M	USD	3 Qtrs
Interest paid-mortgage notes payable	`InterestPaidMortgageNotes`	$3.94M	USD	3 Qtrs
Reinvestment of cash dividends	`StockIssued1`	$2.01M	USD	3 Qtrs
Reinvestment of cash dividends	`StockIssued1`	$2.65M	USD	3 Qtrs
Accrual of dividends payable	`AccrualOfDividendsPayable`	$829.86K	USD	3 Qtrs
Accrual of dividends payable	`AccrualOfDividendsPayable`	$997.17K	USD	3 Qtrs
Conversion of partnership interests into common stock	`PartnersCapitalAccountExchangesAndConversions`	$165.02K	USD	3 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$56.97M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$60.73M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-3.31M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.55M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-537.39K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.85M	USD	1 Quarter
Dividends declared/reinvested, value	`StockIssuedDuringPeriodValueDividendsDeclaredNetOfReinvested`	$1.06M	USD	3 Qtrs
Dividends paid	`DividendsCommonStockStock`	$2.06M	USD	3 Qtrs
Common stock issued, value	`StockIssuedDuringPeriodValueNewIssues`	$50.00K	USD	3 Qtrs
Common stock repurchased - related party	`StockRepurchasedRelatedPartyDuringPeriodValue`	$147.77K	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$56.97M	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.