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v3.6.0.2

Consolidated Statements of Operations - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015
Revenues: |  |
Rental income | $ 31,591,870 | $ 23,590,011
Fee and other income | 860,242 | 388,834
Total revenues | 32,452,112 | 23,978,845
Costs and expenses: |  |
Rental operating costs | 10,135,345 | 8,515,151
General and administrative | 5,065,579 | 4,672,783
Depreciation and amortization | 10,256,185 | 7,784,917
Total costs and expenses | 25,457,109 | 20,972,851
Other income (expense): |  |
Interest expense-Series B preferred stock | (5,970,220) | (4,767,559)
Interest expense-mortgage notes | (7,561,117) | (6,007,101)
Interest and other income | 85,723 | 150,008
Gain on sales of real estate | 2,186,481 | 1,513,242
Impairment of real estate assets | (948,053) | 0
Acquisition costs | (145,040) | (348,414)
Income tax expense | (213,860) | (172,691)
Total other expense, net | (12,566,086) | (9,632,515)
Loss from continuing operations | (5,571,083) | (6,626,521)
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 | (5,571,083) | (2,027,498)
Less: Income attributable to noncontrolling interests | (241,402) | (1,791,194)
Net loss attributable to NetREIT, Inc. common stockholders | $ (5,812,485) | $ (3,818,692)
Basic and diluted (loss) income per common share |  |
Continuing operations | $ (0.32) | $ (0.39)
Discontinued operations |  | 0.27
Loss per common share | $ (0.34) | $ (0.22)
Weighted average number of common shares outstanding - basic and diluted | 17,301,129 | 17,139,479

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