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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Rental income $ 6,799,575 $ 7,843,654 $ 13,694,755 $ 15,789,760
Fees and other income 321,412 320,762 605,496 599,490
Total revenue 7,120,987 8,164,416 14,300,251 16,389,250
Costs and expenses:        
Rental operating costs 2,526,002 2,662,223 5,289,552 5,312,132
General and administrative 1,419,668 1,357,578 3,180,371 2,692,672
Depreciation and amortization 1,749,113 2,265,889 3,959,194 4,604,933
Total costs and expenses 5,694,783 6,285,690 12,429,117 12,609,737
Other income (expense):        
Interest expense-Series B preferred stock (627,273) (1,105,626) (1,275,724) (2,199,314)
Interest expense-mortgage notes (1,864,597) (2,041,553) (3,761,349) (4,024,842)
Interest and other income (expense), net 4,409 12,449 9,933 (5,842)
Gain on sales of real estate, net 176,392 355,276 1,390,634 429,489
Deferred offering costs   (1,507,599)   (1,507,599)
Income tax expense (191,809) (88,671) (273,239) (119,465)
Total other expense, net (2,502,878) (4,375,724) (3,909,745) (7,427,573)
Net loss (1,076,674) (2,496,998) (2,038,611) (3,648,060)
Less: Income attributable to noncontrolling interests (182,924) (400,762) (949,379) (567,892)
Net loss attributable to Presidio Property Trust, Inc. common stockholders $ (1,259,598) $ (2,897,760) $ (2,987,990) $ (4,215,952)
Basic and diluted loss per common share $ (0.07) $ (0.16) $ (0.17) $ (0.24)
Weighted average number of common shares outstanding - basic and diluted 17,715,778 17,667,857 17,724,812 17,564,805