Pro Forma Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2015

15. 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, 2015 and 2014. The Company acquired five properties during the quarter ended September 30, 2015. The following unaudited pro forma information for the years ended December 31, 2015 and December 31, 2014 has been prepared to give effect to the operations 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.

	Year Ended December 31,
	2015			2014

Revenues	$	4,655,215		$	4,234,510
Total operating expenses		1,841,705			1,918,842
Net income	$	2,813,510		$	2,315,668
Net loss attributable to NetREIT, Inc. common stockholders	$	(168,244	)	$	(579,296	)