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v3.8.0.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016
Revenues: |  |  |  |
Rental income | $ 7,661,356 | $ 7,693,017 | $ 23,470,574 | $ 23,602,360
Fee and other income | 302,118 | 160,616 | 1,257,500 | 489,565
Total revenue | 7,963,474 | 7,853,633 | 24,728,074 | 24,091,925
Costs and expenses: |  |  |  |
Rental operating costs | 2,794,071 | 2,576,781 | 8,067,236 | 7,635,145
General and administrative | 1,322,631 | 1,252,299 | 3,960,202 | 3,715,029
Depreciation and amortization | 2,399,307 | 2,564,211 | 7,346,640 | 7,723,372
Total costs and expenses | 6,516,009 | 6,393,291 | 19,374,078 | 19,073,546
Other income (expense): |  |  |  |
Interest expense-Series B preferred stock | (1,202,099) | (1,443,960) | (3,966,902) | (4,546,687)
Interest expense-mortgage notes | (1,989,053) | (1,879,780) | (5,851,865) | (5,641,296)
Interest and other income | 10,515 | 9,892 | 25,612 | 78,224
Gain on sales of real estate, net | 210,372 | 732,908 | 2,237,423 | 2,121,453
Impairment of real estate asset |  | (700,000) |  | (700,000)
Income tax expense | (53,566) | (87,898) | (154,189) | (232,598)
Total other expense, net | (3,023,831) | (3,368,838) | (7,709,921) | (8,920,904)
Net loss | (1,576,366) | (1,908,496) | (2,355,925) | (3,902,525)
Less: Income attributable to noncontrolling interests | (200,181) | (81,534) | (415,009) | (102,890)
Net loss attributable to Presidio Property Trust, Inc. common stockholders | $ (1,776,547) | $ (1,990,030) | $ (2,770,934) | $ (4,005,415)
Basic and diluted income (loss) per common share |  |  |  |
Loss per common share | $ (0.10) | $ (0.12) | $ (0.16) | $ (0.23)
Weighted average number of common shares outstanding - basic and diluted | 17,617,500 | 17,073,986 | 17,564,805 | 17,286,439

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