XML 47 R36.htm IDEA: XBRL DOCUMENT v3.4.0.3

Mortgage Notes Payable (Details) - USD ($)

3 Months Ended

Mar. 31, 2016

Dec. 31, 2015

Debt Instrument [Line Items]

Mortgage notes payable

$ 148,937,820

$ 144,690,570

Unamortized loan costs

(2,015,055)

(2,052,169)

Mortgage notes payable, net

146,922,765

142,638,401

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

$ 3,233,912

3,252,016

Fixed interest rate on mortgage (in hundredths)

^[1]

4.50%

Maturity date

Oct. 01, 2016

Rangewood Medical Office Building [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 1,010,117

1,027,085

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

$ 1,175,319

1,183,473

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

$ 10,032,884

10,097,726

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

$ 6,756,895

6,799,229

Fixed interest rate on mortgage (in hundredths)

^[1]

5.00%

Maturity date

Apr. 05, 2020

West Fargo Industrial [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 4,483,666

4,500,000

Fixed interest rate on mortgage (in hundredths)

^[1]

4.79%

Maturity date

Aug. 04, 2020

Morena Office Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[2]

$ 2,273,768

2,289,899

Fixed interest rate on mortgage (in hundredths)

^[1],[2]

4.50%

Maturity date

^[2]

Jan. 01, 2021

Pacific Oaks Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[2]

$ 1,545,919

1,556,891

Fixed interest rate on mortgage (in hundredths)

^[1],[2]

4.50%

Maturity date

^[2]

Jun. 01, 2021

Shoreline Medical Building [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[2]

$ 3,696,575

3,727,569

Fixed interest rate on mortgage (in hundredths)

^[1],[2]

5.10%

Maturity date

^[2]

Jun. 01, 2022

Highland Court [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,926,406

6,958,147

Fixed interest rate on mortgage (in hundredths)

^[1]

3.82%

Maturity date

Aug. 28, 2022

Dakota Bank Buildings [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 10,781,541

10,825,201

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]

4.34%

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

$ 10,197,553

10,237,591

Fixed interest rate on mortgage (in hundredths)

^[1]

4.34%

Maturity date

Jan. 05, 2025

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]

4.28%

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

6,000,000

Fixed interest rate on mortgage (in hundredths)

^[1]

4.30%

Maturity date

Apr. 11, 2025

Executive Office Park [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[3]

$ 4,289,015

4,307,975

Fixed interest rate on mortgage (in hundredths)

^[1],[3]

5.80%

Maturity date

^[3]

Jul. 01, 2025

Genesis Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,500,000

6,500,000

Fixed interest rate on mortgage (in hundredths)

^[1]

4.65%

Maturity date

Aug. 25, 2025

One Parke Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,610,000

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

17,727,500

Fixed interest rate on mortgage (in hundredths)

^[1]

4.92%

Maturity date

Jan. 05, 2026

NetREIT, Inc. Properties [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 135,281,070

135,640,302

Fixed interest rate on mortgage (in hundredths)

^[1]

4.71%

Model Home Properties [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 13,656,750

$ 9,050,268

Model Home Properties [Member] | Minimum [Member]

Debt Instrument [Line Items]

Maturity date

Jan. 01, 2016

Model Home Properties [Member] | Maximum [Member]

Debt Instrument [Line Items]

Maturity date

Jan. 01, 2020

[1]	Interest rates as of March 31, 2016.
[2]	Interest rate subject to resetting on the 6th loan anniversary.
[3]	Interest rate is subject to reset on July 1, 2018.

X

- Definition

Notes Payable Including Unamortized Cost.

+ References

No definition available.

+ Details

Name:	netr_NotesPayableIncludingUnamortizedCost
Namespace Prefix:	netr_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
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

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

- Definition

The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset.

+ 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 210.5-02.17)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_UnamortizedDebtIssuanceExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

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_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_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_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_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: