Pro Forma Financial Information (Unaudited)

9 Months Ended

Sep. 30, 2015

12. PRO FORMA FINANCIAL INFORMATION (UNAUDITED)

The following table summarizes, on an unaudited pro forma basis, the combined results of operations of the Company for the years ended December 31, 2014 and 2013. The Company acquired five hotel properties during the quarter ended September 30, 2015. The following unaudited pro forma information for the nine months ended September 30, 2015 and year ended December 31, 2014 has been prepared to give effect to the acquisitions of as if the acquisitions had occurred on January 1, 2014. This pro forma information does not purport to represent what the actual results of operations of the Company would have been had these acquisitions occurred on this date, nor does it purport to predict the results of operations for future periods.

	For the nine months			For the year ended
	ending September 30,			December 31,
	2015			2014
Revenues	$	3,372,546		$	4,234,510
Total operating expenses	$	1,312,722		$	1,918,842
NOI	$	2,059,824		$	2,315,668
Net loss attributable to NetREIT, Inc. common stockholders	$	(111,399	)	$	(579,296	)