XML 58 R44.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Mortgage Notes Payable (Details) - USD ($) | 12 Months Ended |
--- | --- | ---
Dec. 31, 2015 | Dec. 31, 2014
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 144,690,570 | $ 106,966,774
Mortgage notes payable related to assets held for sale |  |  | 16,932,524
Mortgage notes payable including assets held for sale |  |  | 123,899,298
Waterman Plaza [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  |  | 3,368,146
Fixed interest rate on mortgage (in hundredths) | [1] | 6.50% |
Maturity date |  | Sep. 01, 2015 |
Havana Parker [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 2,500,000 | 2,500,000
Fixed interest rate on mortgage (in hundredths) | [1] | 6.51% |
Maturity date |  | Jul. 01, 2016 |
Bismarck Office [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 3,252,016 | 3,321,198
Fixed interest rate on mortgage (in hundredths) | [1] | 6.12% |
Maturity date |  | Oct. 01, 2016 |
Sparky's Rialto Self-Storage [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable related to assets held for sale | [2] |  | 2,119,037
Fixed interest rate on mortgage (in hundredths) | [1],[2] | 4.75% |
Maturity date | [2] | May 03, 2018 |
Rangewood Medical Office Building [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 1,027,085 | 1,092,778
Fixed interest rate on mortgage (in hundredths) | [1] | 4.95% |
Maturity date |  | Jan. 01, 2019 |
Regatta Square [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 1,183,473 | 1,214,799
Fixed interest rate on mortgage (in hundredths) | [1] | 4.95% |
Maturity date |  | Jan. 01, 2019 |
Port of San Diego Complex [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 10,097,726 | 10,368,228
Fixed interest rate on mortgage (in hundredths) | [1] | 4.75% |
Maturity date |  | Mar. 05, 2020 |
Garden Gateway Plaza [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 6,799,229 | 6,963,381
Fixed interest rate on mortgage (in hundredths) | [1] | 5.00% |
Maturity date |  | Apr. 05, 2020 |
Sparky's Lancaster Self Storage [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable related to assets held for sale |  |  | 1,903,982
Fixed interest rate on mortgage (in hundredths) | [1] | 5.00% |
Maturity date |  | Jun. 01, 2020 |
West Fargo Industrial [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 4,500,000 |
Fixed interest rate on mortgage (in hundredths) | [1] | 4.79% |
Maturity date |  | Sep. 09, 2020 |
Morena Office Center [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable | [3] | $ 2,289,899 | 2,351,805
Fixed interest rate on mortgage (in hundredths) | [1],[3] | 4.50% |
Maturity date | [3] | Jan. 01, 2021 |
Pacific Oaks Plaza [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable | [3] | $ 1,556,891 | 1,599,204
Fixed interest rate on mortgage (in hundredths) | [1],[3] | 4.50% |
Maturity date | [3] | Jun. 01, 2021 |
Shoreline Medical Building [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable | [3] | $ 3,727,569 | 3,846,697
Fixed interest rate on mortgage (in hundredths) | [1],[3] | 5.10% |
Maturity date | [3] | Jun. 01, 2022 |
Highland Court [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 6,958,147 |
Fixed interest rate on mortgage (in hundredths) | [1] | 3.82% |
Maturity date |  | Sep. 01, 2022 |
Sparky's Three Properties [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable related to assets held for sale |  |  | 7,986,522
Fixed interest rate on mortgage (in hundredths) | [1] | 4.70% |
Maturity date |  | Dec. 06, 2022 |
Sparky's Hesperia East Self-Storage [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable related to assets held for sale | [4] |  | 830,883
Fixed interest rate on mortgage (in hundredths) | [1],[4] | 4.75% |
Maturity date | [4] | Dec. 18, 2022 |
Dakota Bank Buildings [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 10,825,201 | 10,993,386
Fixed interest rate on mortgage (in hundredths) | [1] | 4.74% |
Maturity date |  | Jul. 06, 2024 |
Union Terrace [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 6,600,000 | 6,600,000
Fixed interest rate on mortgage (in hundredths) | [1] | 4.50% |
Maturity date |  | Sep. 05, 2024 |
The Presidio [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 6,000,000 | 6,000,000
Fixed interest rate on mortgage (in hundredths) | [1] | 4.54% |
Maturity date |  | Dec. 01, 2024 |
Centennial Tech Center [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 10,237,591 | 10,250,000
Fixed interest rate on mortgage (in hundredths) | [1] | 4.34% |
Maturity date |  | Dec. 05, 2024 |
Arapahoe Service Center [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 8,500,000 | 8,500,000
Fixed interest rate on mortgage (in hundredths) | [1] | 4.34% |
Maturity date |  | Jan. 05, 2025 |
Union Town Center [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 8,440,000 | 8,440,000
Fixed interest rate on mortgage (in hundredths) | [1] | 4.28% |
Maturity date |  | Jan. 05, 2025 |
Yucca Valley Retail Center [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 6,000,000 | 2,982,411
Fixed interest rate on mortgage (in hundredths) | [1] | 5.62% |
Maturity date |  | Apr. 06, 2025 |
Executive Office Park [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable | [5] | $ 4,307,975 | 4,379,854
Fixed interest rate on mortgage (in hundredths) | [1],[5] | 5.80% |
Maturity date | [5] | Jul. 01, 2025 |
Genesis Plaza [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 6,500,000 | 4,491,588
Fixed interest rate on mortgage (in hundredths) | [1] | 4.65% |
Maturity date |  | Sep. 06, 2025 |
One Park Centre [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 6,610,000 |
Fixed interest rate on mortgage (in hundredths) | [1] | 4.77% |
Maturity date |  | Sep. 05, 2025 |
Shea Center II [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 17,727,500 |
Fixed interest rate on mortgage (in hundredths) | [1] | 4.92% |
Maturity date |  | Jan. 05, 2026 |
Sparky's Thousand Palms Self-Storage [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable related to assets held for sale | [6] |  | 4,092,100
Fixed interest rate on mortgage (in hundredths) | [1],[6] | 5.50% |
Maturity date | [6] | Mar. 01, 2034 |
NetREIT, Inc. Properties [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 135,640,302 | 116,195,999
Model Home Properties [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage notes payable |  | $ 9,050,268 | $ 7,703,299
Minimum [Member] | Model Home Properties [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maturity date |  | Jan. 01, 2015 |
Maximum [Member] | Model Home Properties [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maturity date |  | Jan. 01, 2019 |
[1] | Interest rates as of December 31, 2015
[2] | Interest subject to reset; thereafter, monthly payments of $11,982, including interest at rate indexed to 5-year Treasury Rate + 3%.
[3] | Interest rate subject to resetting on the 3r d and 6 th loan anniversary.
[4] | Interest at a variable rate indexed to the 5 year interest rate swap.
[5] | Interest rate is subject to reset on July 1, 2018.
[6] | Interest at variable rate ranging from 5.50%-10.50%.

X
- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of. + References No definition available. + Details
Name: | netr_NotesPayableAndLiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Namespace Prefix: | netr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentMaturityDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51716988&loc=d3e1107-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 + Details
Name: | us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13, 16 -Article 9 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
Name: | us-gaap_NotesPayable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_WatermanPlazaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_HavanaParkerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_BismarckOfficeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_SparkysRialtoSelfStorageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_RangewoodMedicalOfficeBuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_RegattaSquareMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_PortOfSanDiegoComplexMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_GardenGatewayPlazaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_SparkysLancasterSelfStorageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_WestFargoIndustrialMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_MorenaOfficeCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_PacificOaksPlazaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_ShorelineMedicalBuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_HighlandCourtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_SparkysThreePropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_SparkysHesperiaEastSelfStorageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_DakotaBankBuildingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_UnionTerraceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_PresidioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_CentennialTechCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_ArapahoeServiceCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_UnionTownCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_YuccaValleyRetailCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_ExecutiveOfficeParkMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_GenesisPlazaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_OneParkeCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_SheaCenterIIMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_SparkysThousandPalmsSelfStorageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_NetreitIncPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=netr_ModelHomePropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |