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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Rental income $ 7,693,017 $ 6,007,567 $ 23,602,360 $ 16,747,951
Fee and other income 160,616 104,035 489,565 327,745
Total revenues 7,853,633 6,111,602 24,091,925 17,075,696
Costs and expenses:        
Rental operating costs 2,576,781 1,902,454 7,635,145 5,742,548
General and administrative 1,252,299 1,167,374 3,715,029 3,308,560
Depreciation and amortization 2,564,211 1,884,193 7,723,372 5,560,525
Total costs and expenses 6,393,291 4,954,021 19,073,546 14,611,633
Other income (expense):        
Interest expense-Series B preferred stock (1,443,960) (1,160,106) (4,546,687) (2,924,697)
Interest expense-mortgage notes (1,879,780) (1,470,631) (5,641,296) (4,361,654)
Interest and other income 9,892 26,220 78,224 61,976
Gain on sales of real estate 732,908 10,858 2,121,453 1,205,612
Impairment of real estate asset (700,000)   (700,000)  
Income tax expense (87,898) (14,340) (232,598) (167,068)
Total other expense, net (3,368,838) (2,607,999) (8,920,904) (6,185,831)
Loss from continuing operations (1,908,496) (1,450,418) (3,902,525) (3,721,768)
Gain on the sale of real estate       4,730,398
Loss from discontinued operations, net       (131,375)
Income from discontinued operations       4,599,023
Net (loss) income (1,908,496) (1,450,418) (3,902,525) 877,255
Less: Income attributable to noncontrolling interests (81,534) (96,116) (102,890) (1,414,642)
Net loss attributable to NetREIT, Inc. common stockholders $ (1,990,030) $ (1,546,534) $ (4,005,415) $ (537,387)
Basic and diluted loss per common share        
Continuing operations $ (0.11) $ (0.08) $ (0.23) $ (0.22)
Discontinued operations       0.27
Loss per common share $ (0.11) $ (0.09) $ (0.23) $ (0.03)
Weighted average number of common shares outstanding - basic and diluted 17,353,033 17,073,986 17,286,439 16,979,533