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Real Estate Assets | 12 Months Ended
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Dec. 31, 2015
Real Estate Assets [Abstract] |
Real Estate Assets | 4. REAL ESTATE ASSETS The Company owns a diverse portfolio of real estate assets. The primary types of properties the Company invests in are office, retail, and NNN leased residential properties located primarily in Southern California and Colorado, with four properties located in North Dakota. Our model home properties are located in ten states. As of December 31, 2015, the Company owned or had an equity interest in:
| · | Eighteen office buildings and two industrial building (“Office/Industrial Properties”) which total approximately 1,614,000 rentable square feet,
| · | Six retail shopping centers (“Retail Properties”) which total approximately 236,000 rentable square feet,
| · | Sixty-four model homes owned by three affiliated limited partnerships and one limited liability company (“Residential Properties”).
The Company’s real estate assets consisted of the following as of December 31, 2015 and 2014:
|  |  |  |  |  | Real Estate Assets Owned (000s) |
Property Name |  | Date Acquired |  | Location |  | 2015 |  |  | 2014 |
Havana/Parker Complex |  | June 2006 |  | Aurora, CO |  | $ | 2,093 |  |  | $ | 2,269 |
Garden Gateway Plaza |  | March 2007 |  | Colorado Springs, CO |  |  | 11,808 |  |  |  | 12,120 |
World Plaza |  | September 2007 |  | San Bernardino, CA |  |  | 6,653 |  |  |  | 6,834 |
Regatta Square |  | October 2007 |  | Denver, CO |  |  | 1,859 |  |  |  | 1,897 |
Sparky’s Palm Self-Storage |  | November 2007 |  | Highland, CA |  |  | — |  |  |  | 4,266 |
Sparky’s Joshua Self-Storage |  | December 2007 |  | Hesperia, CA |  |  | — |  |  |  | 6,661 |
Executive Office Park |  | July 2008 |  | Colorado Springs, CO |  |  | 8,227 |  |  |  | 8,274 |
Waterman Plaza |  | August 2008 |  | San Bernardino, CA |  |  | 5,877 |  |  |  | 5,995 |
Pacific Oaks Plaza |  | September 2008 |  | Escondido, CA |  |  | 4,213 |  |  |  | 4,291 |
Morena Office Center |  | January 2009 |  | San Diego, CA |  |  | 5,269 |  |  |  | 5,461 |
Rangewood Medical Office Building |  | March 2009 |  | Colorado Springs, CO |  |  | 2,306 |  |  |  | 2,361 |
Sparky’s Thousand Palms Self-Storage |  | August 2009 |  | Thousand Palms, CA |  |  | — |  |  |  | 5,365 |
Sparky’s Hesperia East Self-Storage |  | December 2009 |  | Hesperia, CA |  |  | — |  |  |  | 2,376 |
Sparky’s Rialto Self-Storage |  | May 2010 |  | Rialto, CA |  |  | — |  |  |  | 4,681 |
Genesis Plaza |  | August 2010 |  | San Diego, CA |  |  | 8,398 |  |  |  | 8,613 |
Dakota Bank Buildings |  | May 2011 |  | Fargo, ND |  |  | 10,452 |  |  |  | 10,027 |
Yucca Valley Retail Center |  | September 2011 |  | Yucca Valley, CA |  |  | 7,190 |  |  |  | 8,044 |
Sparky’s Sunrise Self-Storage |  | December 2011 |  | Hesperia, CA |  |  | — |  |  |  | 2,142 |
Port of San Diego Complex |  | December 2011 |  | San Diego, CA |  |  | 13,971 |  |  |  | 13,954 |
Shoreline Medical Building |  | May 2012 |  | Half Moon Bay, CA |  |  | 5,856 |  |  |  | 5,994 |
The Presidio |  | November 2012 |  | Colorado Springs, CO |  |  | 6,643 |  |  |  | 6,684 |
Sparky’s Lancaster Self-Storage |  | May 2013 |  | Lancaster, CA |  |  | — |  |  |  | 3,616 |
Bismarck Office Building |  | March 2014 |  | Fargo, ND |  |  | 4,904 |  |  |  | 4,970 |
Union Terrace Building |  | August 2014 |  | Lakewood, CO |  |  | 8,607 |  |  |  | 9,032 |
Centennial Tech Center |  | December 2014 |  | Colorado Springs, CO |  |  | 14,755 |  |  |  | 15,540 |
Arapahoe Service Center |  | December 2014 |  | Centennial, CO |  |  | 11,301 |  |  |  | 11,873 |
Union Town Center |  | December 2014 |  | Colorado Springs, CO |  |  | 10,941 |  |  |  | 11,268 |
Research Parkway |  | August 2015 |  | Colorado Springs, CO |  |  | 2,875 |  |  |  | — |
West Fargo Industrial, West Fargo, ND |  | August 2015 |  | West Fargo, ND |  |  | 7,833 |  |  |  | — |
300 N.P., West Fargo, ND |  | August 2015 |  | West Fargo, ND |  |  | 3,910 |  |  |  | — |
Highland Court, Centennial CO |  | August 2015 |  | Centennial, CO |  |  | 13,245 |  |  |  | — |
One Park Centre, Westminster CO |  | August 2015 |  | Westminster, CO |  |  | 9,050 |  |  |  | — |
Shea Center II, Highlands Ranch, CO |  | December 2015 |  | Highlands Ranch, CO |  |  | 25,961 |  |  |  | — |
Subtotal - NetREIT, Inc. properties |  |  |  |  |  |  | 214,197 |  |  |  | 184,608 |
Model Home properties |  | 2009-2015 |  | AZ, CA, FL, IL, NC, NJ, PA, SC, TX, WI |  |  | 16,889 |  |  |  | 13,589 |
Real estate assets and lease intangibles, net |  |  |  |  |  | $ | 231,086 |  |  | $ | 198,197 |

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