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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Rental income $ 7,794,585 $ 7,658,273 $ 15,809,218 $ 15,909,341
Fee and other income 723,489 148,001 955,383 328,950
Total revenue 8,518,074 7,806,274 16,764,601 16,238,291
Costs and expenses:        
Rental operating costs 2,636,063 2,585,013 5,273,165 5,058,364
General and administrative 1,439,820 1,232,319 2,629,837 2,462,730
Depreciation and amortization 2,443,817 2,499,630 4,947,333 5,159,161
Total costs and expenses 6,519,700 6,316,962 12,850,335 12,680,255
Other income (expense):        
Interest expense-Series B preferred stock (1,359,205) (1,610,517) (2,764,805) (3,102,727)
Interest expense-mortgage notes (1,952,216) (1,890,682) (3,862,812) (3,761,516)
Interest and other income 5,829 46,593 15,097 68,332
Gain on sales of real estate, net 1,485,589 1,213,060 2,027,051 1,388,545
Income tax expense (13,746) (76,152) (108,356) (144,700)
Total other expense, net (1,833,749) (2,317,698) (4,693,825) (5,552,066)
Net income (loss) 164,625 (828,386) (779,559) (1,994,030)
Less: Income attributable to noncontrolling interests (145,313) (83,039) (214,828) (21,356)
Net income (loss) attributable to NetREIT, Inc. common stockholders $ 19,312 $ (911,425) $ (994,387) $ (2,015,386)
Basic and diluted income (loss) per common share        
Income (loss) per common share $ 0.00 $ (0.05) $ (0.06) $ (0.12)
Weighted average number of common shares outstanding - basic and diluted 17,565,158 17,269,324 17,538,020 16,979,533