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v3.20.1

MORTGAGE NOTES PAYABLE (Details) - USD ($) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2020 | Dec. 31, 2019
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 128,002,720 | $ 143,459,048
Unamortized loan costs | (879,175) | (1,066,056)
Mortgage notes payable, total net | 127,123,545 | 142,392,992
Garden Gateway Plaza |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 6,019,844 | 6,071,315
Interest rate | 5.00% |
Maturity | Aug. 05, 2021 |
Fixed interest rate on mortgage (in hundredth) | 5.00% |
World Plaza |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 4,953,556 | 4,979,383
Variable Interest Rate | 4.41% |
Maturity | Jul. 05, 2020 |
Weighted average interest rate | 4.41% |
World Plaza | ABR |  |
Debt Instrument [Line Items] |  |
Variable interest rate on mortgage (in hundredth) | 0.75% |
World Plaza | LIBOR |  |
Debt Instrument [Line Items] |  |
Variable interest rate on mortgage (in hundredth) | 2.75% |
West Fargo Industrial |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 4,196,788 | 4,216,565
Interest rate | 4.79% |
Maturity | Sep. 06, 2020 |
Fixed interest rate on mortgage (in hundredth) | 4.79% |
Waterman Plaza |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 3,254,223 | 3,274,097
Interest rate | 5.78% |
Maturity | Apr. 29, 2021 |
Fixed interest rate on mortgage (in hundredth) | 5.78% |
300 N.P. |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 2,302,197 | 2,311,738
Interest rate | 4.95% |
Maturity | Jun. 11, 2022 |
Fixed interest rate on mortgage (in hundredth) | 4.95% |
Highland Court |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 6,387,511 | 6,424,366
Interest rate | 3.82% |
Maturity | Sep. 01, 2022 |
Fixed interest rate on mortgage (in hundredth) | 3.82% |
Dakota Center |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 10,059,135 | 10,111,693
Interest rate | 4.74% |
Maturity | Jul. 06, 2024 |
Fixed interest rate on mortgage (in hundredth) | 4.74% |
Union Terrace |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 0 | 6,240,396
Interest rate | 4.50% |
Maturity | Sep. 05, 2024 |
Fixed interest rate on mortgage (in hundredth) | 4.50% |
Centennial Tech Center |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 0 | 9,561,654
Interest rate | 4.43% |
Maturity | Jan. 05, 2024 |
Fixed interest rate on mortgage (in hundredth) | 4.43% |
Research Parkway |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 1,800,281 | 1,813,305
Interest rate | 3.94% |
Maturity | Jan. 05, 2025 |
Fixed interest rate on mortgage (in hundredth) | 3.94% |
Arapahoe Service Center |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 8,047,511 | 8,085,727
Interest rate | 4.34% |
Maturity | Jan. 05, 2025 |
Fixed interest rate on mortgage (in hundredth) | 4.34% |
Union Town Center |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 8,416,833 | 8,440,000
Interest rate | 4.28% |
Maturity | Jan. 05, 2025 |
Fixed interest rate on mortgage (in hundredth) | 4.28% |
Executive Office Park |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 4,811,730 | 4,839,576
Interest rate | 4.83% |
Maturity | Jun. 01, 2027 |
Fixed interest rate on mortgage (in hundredth) | 4.83% |
Genesis Plaza |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 6,352,694 | 6,378,110
Interest rate | 4.71% |
Maturity | Sep. 06, 2025 |
Fixed interest rate on mortgage (in hundredth) | 4.71% |
One Park Centre |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 6,461,980 | 6,487,532
Interest rate | 4.77% |
Maturity | Sep. 05, 2025 |
Fixed interest rate on mortgage (in hundredth) | 4.77% |
Shea Center II |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 17,727,500 | 17,727,500
Interest rate | 4.92% |
Maturity | Jan. 05, 2026 |
Fixed interest rate on mortgage (in hundredth) | 4.92% |
Grand Pacific Center |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 3,823,965 | 3,851,962
Interest rate | 4.02% |
Maturity | Aug. 01, 2037 |
Fixed interest rate on mortgage (in hundredth) | 4.02% |
Presidio Property Trust, Inc. properties |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 94,615,748 | 110,814,919
Model Home properties |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 33,386,972 | $ 32,644,129
Model Home properties | Minimum |  |
Debt Instrument [Line Items] |  |
Interest rate | 3.44% |
Fixed interest rate on mortgage (in hundredth) | 3.44% |
Model Home properties | Maximum |  |
Debt Instrument [Line Items] |  |
Interest rate | 5.63% |
Fixed interest rate on mortgage (in hundredth) | 5.63% |

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