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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Rental income $ 7,658,273 $ 5,396,700 $ 15,909,341 $ 10,740,383
Fee and other income 148,001 195,192 328,950 223,709
Total revenues 7,806,274 5,591,892 16,238,291 10,964,092
Costs and expenses:        
Rental operating costs 2,585,013 1,910,903 5,058,364 3,840,094
General and administrative 1,232,319 1,063,167 2,462,730 2,152,162
Depreciation and amortization 2,499,630 1,814,786 5,159,161 3,676,332
Total costs and expenses 6,316,962 4,788,856 12,680,255 9,668,588
Other income (expense):        
Interest expense-Series B preferred stock (1,610,517) (817,162) (3,102,727) (1,764,591)
Interest expense-mortgage notes (1,890,682) (1,458,860) (3,761,516) (2,891,023)
Interest and other income 46,593 21,153 68,332 35,757
Gain on sale of real estate 1,213,060 1,116,258 1,388,545 1,194,754
Income tax expense (76,152) (75,945) (144,700) (141,752)
Total other expense, net (2,317,698) (1,214,556) (5,552,066) (3,566,855)
Loss from continuing operations (828,386) (411,520) (1,994,030) (2,271,351)
Gain on the sale of real estate   4,730,398   4,730,398
Loss from discontinued operations, net   (161,679)   (131,375)
Income from discontinued operations   4,568,719   4,599,023
Net (loss) income (828,386) 4,157,199 (1,994,030) 2,327,672
Less: Income attributable to noncontrolling interests (83,039) (1,186,012) (21,356) (1,318,526)
Net (loss) income attributable to NetREIT, Inc. common stockholders $ (911,425) $ 2,971,187 $ (2,015,386) $ 1,009,146
Basic and diluted income (loss) per common share        
Continuing operations $ (0.05) $ (0.02) $ (0.12) $ (0.13)
Discontinued operations   0.27   0.27
(Loss) income per common share $ (0.05) $ 0.18 $ (0.12) $ 0.06
Weighted average number of common shares outstanding - basic and diluted 17,269,324 16,968,976 17,253,143 16,932,306