XML 42 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1

Mortgage Notes Payable (Details) - USD ($)

6 Months Ended

Jun. 30, 2017

Dec. 31, 2016

Debt Instrument [Line Items]

Mortgage notes payable

$ 161,781,671

$ 160,828,604

Unamortized loan costs

(1,829,607)

(1,942,493)

Mortgage notes payable, net

159,952,064

158,886,111

Bismarck Office Building [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[1]

$ 4,108,883

4,158,998

Fixed interest rate on mortgage (in hundredths)

^[1],[2]

4.02%

Maturity date

^[1]

Aug. 01, 2037

Rangewood Medical Office Building [Member]

Debt Instrument [Line Items]

Mortgage notes payable

958,106

Fixed interest rate on mortgage (in hundredths)

^[2]

4.95%

Maturity date

Jan. 01, 2019

Regatta Square [Member]

Debt Instrument [Line Items]

Mortgage notes payable

1,150,566

Fixed interest rate on mortgage (in hundredths)

^[2]

4.95%

Maturity date

Jan. 01, 2019

Port of San Diego Complex [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 9,715,579

9,852,456

Fixed interest rate on mortgage (in hundredths)

^[2]

4.75%

Maturity date

Mar. 05, 2020

Garden Gateway Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,537,121

6,626,739

Fixed interest rate on mortgage (in hundredths)

^[2]

5.00%

Maturity date

Feb. 05, 2020

West Fargo Industrial [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 4,400,178

4,434,655

Fixed interest rate on mortgage (in hundredths)

^[2]

4.79%

Maturity date

Aug. 04, 2020

Morena Office Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[3]

$ 2,190,482

2,224,839

Fixed interest rate on mortgage (in hundredths)

^[2],[3]

4.50%

Maturity date

^[3]

Jan. 01, 2021

Waterman Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 3,893,565

3,939,037

Fixed interest rate on mortgage (in hundredths)

^[2]

4.25%

Maturity date

Apr. 29, 2021

Pacific Oaks Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 1,489,478

1,512,640

Fixed interest rate on mortgage (in hundredths)

^[2]

4.50%

Maturity date

Jun. 01, 2021

Shoreline Medical Building [Member]

Debt Instrument [Line Items]

Mortgage notes payable

3,602,238

Fixed interest rate on mortgage (in hundredths)

^[2]

5.10%

Maturity date

Jun. 01, 2022

Highland Court [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,763,082

6,829,348

Fixed interest rate on mortgage (in hundredths)

^[2]

3.82%

Maturity date

Sep. 01, 2022

Dakota Bank Buildings [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 10,584,434

10,677,761

Fixed interest rate on mortgage (in hundredths)

^[2]

4.74%

Maturity date

Jul. 06, 2024

Union Terrace [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,505,946

6,558,704

Fixed interest rate on mortgage (in hundredths)

^[2]

4.50%

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)

^[2]

4.54%

Maturity date

Dec. 01, 2021

Research Parkway [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 1,932,815

1,956,154

Fixed interest rate on mortgage (in hundredths)

^[2]

3.94%

Maturity date

Jan. 05, 2025

Centennial Tech Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 9,991,836

10,077,242

Fixed interest rate on mortgage (in hundredths)

^[2]

4.34%

Maturity date

Nov. 05, 2024

Arapahoe Service Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 8,431,261

8,500,000

Fixed interest rate on mortgage (in hundredths)

^[2]

4.34%

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)

^[2]

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)

^[2]

4.30%

Maturity date

Apr. 11, 2025

Executive Office Park [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[4]

$ 4,191,082

4,231,842

Fixed interest rate on mortgage (in hundredths)

^[2],[4]

5.80%

Maturity date

^[4]

Jul. 01, 2025

Genesis Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,500,000

6,610,000

Fixed interest rate on mortgage (in hundredths)

^[2]

4.65%

Maturity date

Aug. 25, 2025

One Parke Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,610,000

6,500,000

Fixed interest rate on mortgage (in hundredths)

^[2]

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)

^[2]

4.92%

Maturity date

Jan. 05, 2026

300 N.P. [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 2,397,089

Fixed interest rate on mortgage (in hundredths)

^[2]

4.02%

Maturity date

Aug. 01, 2037

NetREIT, Inc. Properties [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 134,410,331

138,568,825

Fixed interest rate on mortgage (in hundredths)

^[2]

4.71%

Model Home Properties [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 27,371,340

$ 22,259,779

Model Home Properties [Member] | Minimum [Member]

Debt Instrument [Line Items]

Fixed interest rate on mortgage (in hundredths)

3.80%

Maturity date

^[5]

Jan. 01, 2017

Model Home Properties [Member] | Maximum [Member]

Debt Instrument [Line Items]

Fixed interest rate on mortgage (in hundredths)

5.50%

Maturity date

^[5]

Jan. 01, 2020

[1]	Interest rate is subject to reset on September 1, 2023 and on September 1, 2030.
[2]	Interest rates as of June 30, 2017.
[3]	Interest rate is subject to reset on the 6th loan anniversary.
[4]	Interest rate is subject to reset on July 1, 2018
[5]	Each Model Home has a stand-alone mortgage note at interest rates ranging from 3.8% to 5.5% per annum (at June 30, 2017).

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 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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(a)(16))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: 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

+ 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_BismarckOfficeBuildingMember
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_WatermanPlazaMember
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_ResearchParkwayMember
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_ThreeHundredNPMember
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: