XML 45 R34.htm IDEA: XBRL DOCUMENT v3.19.1

Mortgage Notes Payable (Details) - USD ($)

3 Months Ended

Mar. 31, 2019

Dec. 31, 2018

Debt Instrument [Line Items]

Mortgage notes payable

$ 147,132,549

$ 151,140,916

Unamortized loan costs

(1,276,667)

(1,426,740)

Mortgage notes payable, net

145,855,882

149,714,176

Garden Gateway Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,221,930

6,270,896

Fixed interest rate on mortgage (in hundredths)

^[1]

5.00%

Maturity date

Feb. 05, 2020

World Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[2],[3]

$ 4,652,783

3,350,539

Maturity date

^[2],[3]

Jul. 05, 2020

Variable interest rate on mortgage (in hundredths)

^[1],[2],[3]

5.10%

West Fargo Industrial [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 4,273,389

4,292,809

Fixed interest rate on mortgage (in hundredths)

^[1]

4.79%

Maturity date

Sep. 06, 2020

Morena Office Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[4]

1,567,358

Fixed interest rate on mortgage (in hundredths)

^[1],[4]

4.30%

Maturity date

^[4]

Jun. 01, 2021

Waterman Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 3,342,821

3,369,960

Fixed interest rate on mortgage (in hundredths)

^[1]

5.78%

Maturity date

Apr. 29, 2021

300 N.P. [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 2,339,040

2,348,443

Fixed interest rate on mortgage (in hundredths)

^[1]

4.95%

Maturity date

Jun. 11, 2022

Highland Court [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,532,844

6,568,320

Fixed interest rate on mortgage (in hundredths)

^[1]

3.82%

Maturity date

Sep. 01, 2022

Dakota Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 10,263,049

10,314,520

Fixed interest rate on mortgage (in hundredths)

^[1]

4.74%

Maturity date

Jul. 06, 2024

Union Terrace Buildings [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[3]

$ 6,325,217

6,354,153

Fixed interest rate on mortgage (in hundredths)

^[1],[3]

4.50%

Maturity date

^[3]

Aug. 05, 2024

The Presidio [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[3]

$ 5,976,369

5,992,905

Fixed interest rate on mortgage (in hundredths)

^[1],[3]

4.54%

Maturity date

^[3]

Dec. 01, 2021

Centennial Tech Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[3]

$ 9,699,063

9,745,811

Fixed interest rate on mortgage (in hundredths)

^[1],[3]

4.43%

Maturity date

^[3]

Dec. 05, 2024

Research Parkway [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 1,851,618

1,864,139

Fixed interest rate on mortgage (in hundredths)

^[1]

3.94%

Maturity date

Jan. 05, 2025

Arapahoe Service Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 8,195,988

8,233,567

Fixed interest rate on mortgage (in hundredths)

^[1]

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)

^[1]

4.28%

Maturity date

Jan. 05, 2025

Executive Office Park [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 4,921,238

4,947,808

Fixed interest rate on mortgage (in hundredths)

^[1]

4.83%

Maturity date

Jun. 01, 2027

Genesis Plaza [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,450,941

6,476,032

Fixed interest rate on mortgage (in hundredths)

^[1]

4.71%

Maturity date

Aug. 25, 2025

One Park Centre [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 6,560,690

6,585,922

Fixed interest rate on mortgage (in hundredths)

^[1]

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)

^[1]

4.92%

Maturity date

Jan. 05, 2026

Grand Pacific Center [Member]

Debt Instrument [Line Items]

Mortgage notes payable

^[5]

$ 3,934,379

3,961,304

Fixed interest rate on mortgage (in hundredths)

^[1],[5]

4.02%

Maturity date

^[5]

Aug. 01, 2037

Presidio Property Trust, Inc Properties [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 117,708,859

118,411,986

Model Home Properties [Member]

Debt Instrument [Line Items]

Mortgage notes payable

$ 29,423,690

$ 32,728,930

Model Home Properties [Member] | Minimum [Member]

Debt Instrument [Line Items]

Fixed interest rate on mortgage (in hundredths)

3.70%

Maturity date

Jan. 01, 2019

Model Home Properties [Member] | Maximum [Member]

Debt Instrument [Line Items]

Fixed interest rate on mortgage (in hundredths)

5.75%

Maturity date

Jan. 01, 2021

[1]	Interest rates as of March 31, 2019.
[2]	Interest on this loan is ABR plus 0.75% and LIBOR plus 2.75%. For the 3 months ended March 31, 2019, the weighted average interest rate was 5.38%.
[3]	Properties held for sale as of March 31, 2019.
[4]	Morena Office Center was sold on January 15, 2019.
[5]	Interest rate is subject to reset on September 1, 2023.

X

- Definition

Debt instrument variable rate.

+ References

No definition available.

+ Details

Name:	sqft_DebtInstrumentVariableRate
Namespace Prefix:	sqft_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Notes Payable Including Unamortized Cost.

+ References

No definition available.

+ Details

Name:	sqft_NotesPayableIncludingUnamortizedCost
Namespace Prefix:	sqft_
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://fasb.org/us-gaap/role/ref/legacyRef
-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/disclosureRef
-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

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ 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://fasb.org/us-gaap/role/ref/legacyRef
-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 2: http://fasb.org/us-gaap/role/ref/legacyRef
-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 3: http://fasb.org/us-gaap/role/ref/legacyRef
-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://fasb.org/us-gaap/role/ref/legacyRef
-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:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_GardenGatewayPlazaMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_WorldPlazaMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_WestFargoIndustrialMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_MorenaOfficeCenterMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_WatermanPlazaMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_ThreeHundredNPMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_HighlandCourtMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_DakotaCenterMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_UnionTerraceBuildingsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_PresidioMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_CentennialTechCenterMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_ResearchParkwayMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_ArapahoeServiceCenterMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_UnionTownCenterMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_ExecutiveOfficeParkMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_GenesisPlazaMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_OneParkCentreMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_SheaCenterIIMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_GrandPacificCenterMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_PresidioPropertyTrustIncPropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=sqft_ModelHomePropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RangeAxis=srt_MinimumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RangeAxis=srt_MaximumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: